LEAIX Alternatives & Similar Mutual Funds

Lazard Emerging Markets Equity Advantage Portfolio (LEAIX) belongs to the Emerging Markets Equities 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 62 mutual funds in the Emerging Markets Equities category with lower expense ratios, going as low as 0.01%.

Symbol	Name	Expense Ratio	AUM	Inception
FEMSX	Fidelity Series Emerging Markets Opportunities Fun...	0.01%	—	Dec 2008	LEAIX vs FEMSX
FHKFX	Fidelity Series Emerging Markets Fund	0.01%	—	Aug 2018	LEAIX vs FHKFX
VEMIX	Vanguard Emerging Markets Stock Index Fund Institu...	0.06%	—	Jun 2000	LEAIX vs VEMIX
FPADX	Fidelity Emerging Markets Index Fund	0.08%	—	Sep 2011	LEAIX vs FPADX
FERGX	Fidelity SAI Emerging Markets Index Fund	0.08%	—	Jan 2016	LEAIX vs FERGX

Best Risk-Adjusted Alternatives to LEAIX

LEAIX has a PortfoliosLab risk / return rank of 70. There are 76 mutual funds in the Emerging Markets Equities category with higher risk-adjusted ranks, going as high as 96.

Symbol	Name	Risk / Return Rank	AUM	Inception
RLEMX	Lazard Emerging Markets Equity Portfolio Class R6	96	—	—	LEAIX vs RLEMX
LZEMX	Lazard Emerging Markets Equity Portfolio	95	—	Jul 1994	LEAIX vs LZEMX
DEMIX	Delaware Emerging Markets Fund	92	—	Jun 1996	LEAIX vs DEMIX
DEMAX	Nomura Emerging Markets Fund Class A	92	—	Jun 1996	LEAIX vs DEMAX
DEMCX	Nomura Emerging Markets Fund Class C	92	—	Jun 1996	LEAIX vs DEMCX

Top Performing LEAIX Alternatives (YTD)

LEAIX is at 20.51% YTD. There are 69 mutual funds in the Emerging Markets Equities category with higher YTD returns, going as high as 77.44%.

Symbol	Name	YTD Return	AUM	Inception
DEMIX	Delaware Emerging Markets Fund	77.44%	—	Jun 1996	LEAIX vs DEMIX
DEMAX	Nomura Emerging Markets Fund Class A	77.19%	—	Jun 1996	LEAIX vs DEMAX
DEMCX	Nomura Emerging Markets Fund Class C	76.42%	—	Jun 1996	LEAIX vs DEMCX
FQEMX	Franklin Templeton SMACS: Series EM	55.40%	—	Nov 2021	LEAIX vs FQEMX
GMAQX	GMO Emerging Markets ex-China Fund	40.55%	—	Oct 2021	LEAIX vs GMAQX

Lowest Volatility Alternatives to LEAIX

LEAIX has 20.40% 1-year volatility. There are 78 mutual funds in the Emerging Markets Equities category with lower 1-year volatility, going as low as 9.86%.

Symbol	Name	Volatility 1Y	AUM	Inception
GSIYX	Goldman Sachs GQG Partners International Opportuni...	9.86%	—	Dec 2016	LEAIX vs GSIYX
ESCIX	Ashmore Emerging Markets Small Cap Equity Fund	10.28%	—	Oct 2011	LEAIX vs ESCIX
GQGPX	GQG Partners Emerging Markets Equity Fund	11.51%	—	Dec 2016	LEAIX vs GQGPX
GQGIX	GQG Partners Emerging Markets Equity Fund Institut...	11.53%	—	—	LEAIX vs GQGIX
FGKPX	Fidelity SAI Emerging Markets Low Volatility Index...	11.80%	—	Jan 2019	LEAIX vs FGKPX

Lowest Drawdown Alternatives to LEAIX

LEAIX has a 1-year max drawdown of -14.30%. There are 123 mutual funds in the Emerging Markets Equities 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
FGKPX	Fidelity SAI Emerging Markets Low Volatility Index...	-6.93%	—	Jan 2019	LEAIX vs FGKPX
GSIYX	Goldman Sachs GQG Partners International Opportuni...	-7.81%	—	Dec 2016	LEAIX vs GSIYX
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

Other Mutual Funds from Lazard

The 10 most viewed Lazard mutual funds shown here include GLIFX, GLFOX, LISIX and span 9 categories.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
GLIFX	Lazard Global Listed Infrastructure Portfolio Inst...	Infrastructure Equities, Global Equities	35	7.23%	—	—	LEAIX vs GLIFX
GLFOX	Lazard Global Listed Infrastructure Portfolio Open...	Infrastructure Equities, Global Equities	33	7.09%	—	Dec 2009	LEAIX vs GLFOX
LISIX	Lazard International Strategic Equity Portfolio R6	Foreign Large Cap Equities	31	10.82%	—	Oct 2005	LEAIX vs LISIX
UMNIX	Lazard US Short Duration Fixed Income Portfolio	Ultrashort Bond	—	—	—	Feb 2011	LEAIX vs UMNIX
ICMPX	Lazard International Quality Growth Portfolio	Quality Factor, Foreign Large Cap Equities	5	-1.00%	—	Dec 2018	LEAIX vs ICMPX
LZUSX	Lazard US Equity Focus Portfolio	Large Cap Blend Equities	54	9.48%	—	Dec 2004	LEAIX vs LZUSX
LZIEX	Lazard International Equity Portfolio	Foreign Large Cap Equities	50	10.40%	—	Oct 1991	LEAIX vs LZIEX
LZISX	Lazard International Small Cap Equity Portfolio	Foreign Small & Mid Cap Equities	44	18.70%	—	Nov 1993	LEAIX vs LZISX
RALIX	Lazard Real Assets Portfolio	Global Allocation	90	13.30%	—	Dec 2016	LEAIX vs RALIX
LCAIX	Lazard Opportunistic Strategies Portfolio	Tactical Allocation	38	5.42%	—	Mar 2008	LEAIX vs LCAIX

Often Compared With LEAIX

Investors most often compare LEAIX with LZFIX, PEPFX, LDMIX. These 20 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	4	4.44%	—	Sep 2017	LEAIX vs LZFIX
PEPFX	PIMCO RAE Emerging Markets Fund	Emerging Markets Equities	34	11.83%	—	Jun 2015	LEAIX vs PEPFX
LDMIX	Lazard Developing Markets Equity Portfolio	Emerging Markets Equities	80	25.13%	—	Sep 2008	LEAIX vs LDMIX
CEMFX	Cullen Emerging Markets High Dividend Fund	Emerging Markets Equities	79	20.10%	—	Aug 2012	LEAIX vs CEMFX
EITEX	Parametric Tax-Managed Emerging Markets Fund	Emerging Markets Equities	59	9.39%	—	Jun 1998	LEAIX vs EITEX
SSKEX	State Street Emerging Markets Equity Index Fund	Emerging Markets Equities	73	21.11%	—	Dec 2015	LEAIX vs SSKEX
VIESX	Virtus KAR Emerging Markets Small-Cap Fund	Emerging Markets Equities	6	2.32%	—	Dec 2013	LEAIX vs VIESX
DRESX	Driehaus Emerging Markets Small Cap Growth Fund	Emerging Markets Equities	22	4.11%	—	Aug 2011	LEAIX vs DRESX
TEQLX	TIAA-CREF Emerging Markets Equity Index Fund	Emerging Markets Equities	58	18.66%	—	Aug 2010	LEAIX vs TEQLX
EAEMX	Parametric Emerging Markets Fund	Emerging Markets Equities	58	9.31%	—	Jun 2006	LEAIX vs EAEMX
EMPTX	UBS Emerging Markets Equity Opportunity Fund	Emerging Markets Equities	81	21.29%	—	May 2018	LEAIX vs EMPTX
LCSMX	Martin Currie SMA-Shares Series EM Fund	Emerging Markets Equities	84	37.97%	—	Jan 2018	LEAIX vs LCSMX
DODEX	Dodge & Cox Emerging Markets Stock Fund	Emerging Markets Equities	90	21.50%	—	May 2021	LEAIX vs DODEX
HLFMX	Harding Loevner Frontier Emerging Markets Fund	Emerging Markets Equities	25	5.94%	—	May 2008	LEAIX vs HLFMX
FZILX	Fidelity ZERO International Index Fund	Foreign Large Cap Equities	74	14.05%	—	Aug 2018	LEAIX vs FZILX
WAEMX	Wasatch Emerging Markets Small Cap Fund	Emerging Markets Equities	34	13.53%	—	Sep 2007	LEAIX vs WAEMX
TEMZX	Templeton Emerging Markets Small Cap Fund	Emerging Markets Equities	19	7.52%	—	Oct 2006	LEAIX vs TEMZX
BEMIX	Brandes Emerging Markets Fund	Emerging Markets Equities	90	22.30%	—	Jan 2011	LEAIX vs BEMIX
FCEEX	Franklin Emerging Market Core Equity (IU) Fund Adv...	Emerging Markets Equities	65	19.99%	—	Jul 2019	LEAIX vs FCEEX
PDEZX	PGIM Jennison Emerging Markets Equity Opportunitie...	Emerging Markets Equities	16	11.29%	—	Sep 2014	LEAIX vs PDEZX

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