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 | |
|---|---|---|---|---|---|
| Fidelity Emerging Markets Index Fund | 0.08% | — | Sep 2011 | LEAIX vs FPADX | |
| Fidelity SAI Emerging Markets Index Fund | 0.08% | — | Jan 2016 | LEAIX vs FERGX | |
| Franklin Emerging Market Core Equity (IU) Fund Adv... | 0.17% | — | Jul 2019 | LEAIX vs FCEEX | |
| State Street Emerging Markets Equity Index Fund | 0.17% | — | Dec 2015 | LEAIX vs SSKEX | |
| 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 92. There are 35 mutual funds in the Emerging Markets Diversified category with higher risk-adjusted ranks, going as high as 98.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Franklin Templeton SMACS: Series EM | 98 | — | Nov 2021 | LEAIX vs FQEMX | |
| Delaware Emerging Markets Fund | 98 | — | Jun 1996 | LEAIX vs DEMIX | |
| Martin Currie SMA-Shares Series EM Fund | 98 | — | Jan 2018 | LEAIX vs LCSMX | |
| GMO Emerging Markets ex-China Fund | 97 | — | Oct 2021 | LEAIX vs GMAQX | |
| LSV Emerging Markets Equity Fund | 96 | — | Jan 2019 | LEAIX vs LVAZX |
Top Performing LEAIX Alternatives (YTD)
LEAIX is at 30.73% YTD. There are 51 mutual funds in the Emerging Markets Diversified category with higher YTD returns, going as high as 107.71%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Delaware Emerging Markets Fund | 107.71% | — | Jun 1996 | LEAIX vs DEMIX | |
| Franklin Templeton SMACS: Series EM | 90.31% | — | Nov 2021 | LEAIX vs FQEMX | |
| Martin Currie SMA-Shares Series EM Fund | 66.92% | — | Jan 2018 | LEAIX vs LCSMX | |
| GMO Emerging Markets ex-China Fund | 56.32% | — | Oct 2021 | LEAIX vs GMAQX | |
| Invesco EQV Emerging Markets All Cap Fd | 47.70% | — | Jan 1994 | LEAIX vs GTDDX |
Lowest Volatility Alternatives to LEAIX
LEAIX has 16.40% 1-year volatility. There are 51 mutual funds in the Emerging Markets Diversified category with lower 1-year volatility, going as low as 10.35%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| BlackRock Defensive Advantage Emerging Markets Fun... | 10.35% | — | Dec 2020 | LEAIX vs BADEX | |
| Virtus KAR Emerging Markets Small-Cap Fund | 11.05% | — | Dec 2013 | LEAIX vs VIESX | |
| GQG Partners Emerging Markets Equity Fund | 11.28% | — | Dec 2016 | LEAIX vs GQGPX | |
| Ashmore Emerging Markets Small Cap Equity Fund | 11.56% | — | Oct 2011 | LEAIX vs ESCIX | |
| Parametric Emerging Markets Fund | 11.58% | — | Jun 2006 | LEAIX vs EAEMX |
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 | |
|---|---|---|---|---|---|
| Ashmore Emerging Markets Small Cap Equity Fund | -5.70% | — | Oct 2011 | LEAIX vs ESCIX | |
| Wasatch Emerging Markets Small Cap Fund | -7.89% | — | Sep 2007 | LEAIX vs WAEMX | |
| BlackRock Defensive Advantage Emerging Markets Fun... | -8.89% | — | Dec 2020 | LEAIX vs BADEX | |
| The Cook & Bynum Fund | -8.95% | — | Jun 2009 | LEAIX vs COBYX | |
| 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, LZEMX, GLFOX and span 7 categories.
Often Compared With LEAIX
Investors most often compare LEAIX with LZFIX, PEPFX, LDMIX. These 15 comparison targets span 4 categories, based on PortfoliosLab usage data.
Compare LEAIX with Any Fund or Stock
Compare LEAIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
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