LEAIX Alternatives & Similar Mutual Funds

Lazard Emerging Markets Equity Advantage Portfolio (LEAIX) belongs to the Emerging Markets Diversified category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with LEAIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to LEAIX

LEAIX charges 0.91% annually. There are 45 mutual funds in the Emerging Markets Diversified category with lower expense ratios, going as low as 0.08%.

Symbol	Name	Expense Ratio	AUM	Inception
FERGX	Fidelity SAI Emerging Markets Index Fund	0.08%	—	Jan 2016	LEAIX vs FERGX
FPADX	Fidelity Emerging Markets Index Fund	0.08%	—	Sep 2011	LEAIX vs FPADX
FCEEX	Franklin Emerging Market Core Equity (IU) Fund Adv...	0.17%	—	Jul 2019	LEAIX vs FCEEX
SSKEX	State Street Emerging Markets Equity Index Fund	0.17%	—	Dec 2015	LEAIX vs SSKEX
EMPTX	UBS Emerging Markets Equity Opportunity Fund	0.19%	—	May 2018	LEAIX vs EMPTX

Best Risk-Adjusted Alternatives to LEAIX

LEAIX has a PortfoliosLab risk / return rank of 82. There are 39 mutual funds in the Emerging Markets Diversified category with higher risk-adjusted ranks, going as high as 95.

Symbol	Name	Risk / Return Rank	AUM	Inception
DEMIX	Delaware Emerging Markets Fund	95	—	Jun 1996	LEAIX vs DEMIX
FQEMX	Franklin Templeton SMACS: Series EM	94	—	Nov 2021	LEAIX vs FQEMX
LZEMX	Lazard Emerging Markets Equity Portfolio	94	—	Jul 1994	LEAIX vs LZEMX
LCSMX	Martin Currie SMA-Shares Series EM Fund	93	—	Jan 2018	LEAIX vs LCSMX
GMAQX	GMO Emerging Markets ex-China Fund	93	—	Oct 2021	LEAIX vs GMAQX

Top Performing LEAIX Alternatives (YTD)

LEAIX is at 25.11% YTD. There are 50 mutual funds in the Emerging Markets Diversified category with higher YTD returns, going as high as 105.52%.

Symbol	Name	YTD Return	AUM	Inception
DEMIX	Delaware Emerging Markets Fund	105.52%	—	Jun 1996	LEAIX vs DEMIX
FQEMX	Franklin Templeton SMACS: Series EM	69.03%	—	Nov 2021	LEAIX vs FQEMX
LCSMX	Martin Currie SMA-Shares Series EM Fund	52.25%	—	Jan 2018	LEAIX vs LCSMX
GMAQX	GMO Emerging Markets ex-China Fund	45.00%	—	Oct 2021	LEAIX vs GMAQX
GTDDX	Invesco EQV Emerging Markets All Cap Fd	40.06%	—	Jan 1994	LEAIX vs GTDDX

Lowest Volatility Alternatives to LEAIX

LEAIX has 19.00% 1-year volatility. There are 56 mutual funds in the Emerging Markets Diversified category with lower 1-year volatility, going as low as 10.53%.

Symbol	Name	Volatility 1Y	AUM	Inception
ESCIX	Ashmore Emerging Markets Small Cap Equity Fund	10.53%	—	Oct 2011	LEAIX vs ESCIX
GQGPX	GQG Partners Emerging Markets Equity Fund	11.41%	—	Dec 2016	LEAIX vs GQGPX
VIESX	Virtus KAR Emerging Markets Small-Cap Fund	11.62%	—	Dec 2013	LEAIX vs VIESX
COBYX	The Cook & Bynum Fund	11.79%	—	Jun 2009	LEAIX vs COBYX
EFEIX	Ashmore Emerging Markets Frontier Equity Fund	12.09%	—	Nov 2013	LEAIX vs EFEIX

Lowest Drawdown Alternatives to LEAIX

LEAIX has a 1-year max drawdown of -13.29%. There are 86 mutual funds in the Emerging Markets Diversified category with shallower 1-year drawdowns, going as shallow as -5.70%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
ESCIX	Ashmore Emerging Markets Small Cap Equity Fund	-5.70%	—	Oct 2011	LEAIX vs ESCIX
WAEMX	Wasatch Emerging Markets Small Cap Fund	-7.89%	—	Sep 2007	LEAIX vs WAEMX
BADEX	BlackRock Defensive Advantage Emerging Markets Fun...	-8.89%	—	Dec 2020	LEAIX vs BADEX
COBYX	The Cook & Bynum Fund	-8.95%	—	Jun 2009	LEAIX vs COBYX
GQGPX	GQG Partners Emerging Markets Equity Fund	-9.12%	—	Dec 2016	LEAIX vs GQGPX

Other Mutual Funds from Lazard

The 10 most viewed Lazard mutual funds shown here include GLIFX, GLFOX, LISIX and span 7 categories.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
GLIFX	Lazard Global Listed Infrastructure Portfolio Inst...	Global Equities	40	7.85%	—	—	LEAIX vs GLIFX
GLFOX	Lazard Global Listed Infrastructure Portfolio Open...	Global Equities	39	7.71%	—	Dec 2009	LEAIX vs GLFOX
LISIX	Lazard International Strategic Equity Portfolio R6	Foreign Large Cap Equities	24	11.81%	—	Oct 2005	LEAIX vs LISIX
ICMPX	Lazard International Quality Growth Portfolio	Foreign Large Cap Equities	2	-2.40%	—	Dec 2018	LEAIX vs ICMPX
LZUSX	Lazard US Equity Focus Portfolio	Large Cap Blend Equities	42	7.86%	—	Dec 2004	LEAIX vs LZUSX
UMNIX	Lazard US Short Duration Fixed Income Portfolio	Ultrashort Bond	—	—	—	Feb 2011	LEAIX vs UMNIX
LZIEX	Lazard International Equity Portfolio	Foreign Large Cap Equities	34	9.76%	—	Oct 1991	LEAIX vs LZIEX
LZISX	Lazard International Small Cap Equity Portfolio	Foreign Small & Mid Cap Equities	58	24.74%	—	Nov 1993	LEAIX vs LZISX
RALIX	Lazard Real Assets Portfolio	Global Allocation	82	11.85%	—	Dec 2016	LEAIX vs RALIX
LDMIX	Lazard Developing Markets Equity Portfolio	Emerging Markets Diversified	88	28.51%	—	Sep 2008	LEAIX vs LDMIX

Often Compared With LEAIX

Investors most often compare LEAIX with LZFIX, PEPFX, EITEX. These 15 comparison targets span 3 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
LZFIX	Lazard Equity Franchise Portfolio	Large Cap Value Equities	1	-1.11%	—	Sep 2017	LEAIX vs LZFIX
PEPFX	PIMCO RAE Emerging Markets Fund	Emerging Markets Diversified	27	11.23%	—	Jun 2015	LEAIX vs PEPFX
EITEX	Parametric Tax-Managed Emerging Markets Fund	Emerging Markets Diversified	61	9.80%	—	Jun 1998	LEAIX vs EITEX
CEMFX	Cullen Emerging Markets High Dividend Fund	Emerging Markets Diversified	82	21.22%	—	Aug 2012	LEAIX vs CEMFX
DODEX	Dodge & Cox Emerging Markets Stock Fund	Emerging Markets Diversified	92	24.32%	—	May 2021	LEAIX vs DODEX
PDEZX	PGIM Jennison Emerging Markets Equity Opportunitie...	Emerging Markets Diversified	32	22.01%	—	Sep 2014	LEAIX vs PDEZX
DRESX	Driehaus Emerging Markets Small Cap Growth Fund	Emerging Markets Diversified	49	14.03%	—	Aug 2011	LEAIX vs DRESX
TEQLX	TIAA-CREF Emerging Markets Equity Index Fund	Emerging Markets Diversified	74	22.86%	—	Aug 2010	LEAIX vs TEQLX
EAEMX	Parametric Emerging Markets Fund	Emerging Markets Diversified	59	9.77%	—	Jun 2006	LEAIX vs EAEMX
TEMZX	Templeton Emerging Markets Small Cap Fund	Emerging Markets Diversified	23	12.99%	—	Oct 2006	LEAIX vs TEMZX
BEMIX	Brandes Emerging Markets Fund	Emerging Markets Diversified	89	21.56%	—	Jan 2011	LEAIX vs BEMIX
HLFMX	Harding Loevner Frontier Emerging Markets Fund	Emerging Markets Diversified	20	5.94%	—	May 2008	LEAIX vs HLFMX
LVAZX	LSV Emerging Markets Equity Fund	Emerging Markets Diversified	91	29.35%	—	Jan 2019	LEAIX vs LVAZX
FZILX	Fidelity ZERO International Index Fund	Foreign Large Cap Equities	61	14.53%	—	Aug 2018	LEAIX vs FZILX
GLLSX	abrdn Emerging Markets ex-China Fund	Emerging Markets Diversified	89	38.06%	—	Aug 2000	LEAIX vs GLLSX

Compare LEAIX with Any Fund or Stock

Compare LEAIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

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Diversifiers

Pair LEAIX with funds that move differently

Lazard Emerging Markets Equity Advantage Portfolio alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to LEAIX.

Explore LEAIX Diversifiers

Lazard Emerging Markets Equity Advantage Portfolio (LEAIX) Alternatives