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
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
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
TEQLX	TIAA-CREF Emerging Markets Equity Index Fund	0.19%	—	Aug 2010	LEAIX vs TEQLX

Best Risk-Adjusted Alternatives to LEAIX

LEAIX has a PortfoliosLab risk / return rank of 91. There are 28 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
DEMIX	Delaware Emerging Markets Fund	98	—	Jun 1996	LEAIX vs DEMIX
FQEMX	Franklin Templeton SMACS: Series EM	98	—	Nov 2021	LEAIX vs FQEMX
LCSMX	Martin Currie SMA-Shares Series EM Fund	97	—	Jan 2018	LEAIX vs LCSMX
GMAQX	GMO Emerging Markets ex-China Fund	96	—	Oct 2021	LEAIX vs GMAQX
LVAZX	LSV Emerging Markets Equity Fund	96	—	Jan 2019	LEAIX vs LVAZX

Top Performing LEAIX Alternatives (YTD)

LEAIX is at 32.72% YTD. There are 50 mutual funds in the Emerging Markets Diversified category with higher YTD returns, going as high as 145.11%.

Symbol	Name	YTD Return	AUM	Inception
DEMIX	Delaware Emerging Markets Fund	145.11%	—	Jun 1996	LEAIX vs DEMIX
FQEMX	Franklin Templeton SMACS: Series EM	92.59%	—	Nov 2021	LEAIX vs FQEMX
LCSMX	Martin Currie SMA-Shares Series EM Fund	72.12%	—	Jan 2018	LEAIX vs LCSMX
GMAQX	GMO Emerging Markets ex-China Fund	53.39%	—	Oct 2021	LEAIX vs GMAQX
GLLSX	abrdn Emerging Markets ex-China Fund	49.19%	—	Aug 2000	LEAIX vs GLLSX

Lowest Volatility Alternatives to LEAIX

LEAIX has 17.90% 1-year volatility. There are 50 mutual funds in the Emerging Markets Diversified category with lower 1-year volatility, going as low as 11.24%.

Symbol	Name	Volatility 1Y	AUM	Inception
ESCIX	Ashmore Emerging Markets Small Cap Equity Fund	11.24%	—	Oct 2011	LEAIX vs ESCIX
VIESX	Virtus KAR Emerging Markets Small-Cap Fund	11.47%	—	Dec 2013	LEAIX vs VIESX
GQGPX	GQG Partners Emerging Markets Equity Fund	11.51%	—	Dec 2016	LEAIX vs GQGPX
BADEX	BlackRock Defensive Advantage Emerging Markets Fun...	11.61%	—	Dec 2020	LEAIX vs BADEX
COBYX	The Cook & Bynum Fund	11.91%	—	Jun 2009	LEAIX vs COBYX

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, LZEMX, GLFOX and span 7 categories.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
GLIFX	Lazard Global Listed Infrastructure Portfolio Inst...	Global Equities	34	8.80%	—	—	LEAIX vs GLIFX
LZEMX	Lazard Emerging Markets Equity Portfolio	Emerging Markets Diversified	95	25.47%	—	Jul 1994	LEAIX vs LZEMX
GLFOX	Lazard Global Listed Infrastructure Portfolio Open...	Global Equities	33	8.72%	—	Dec 2009	LEAIX vs GLFOX
LISIX	Lazard International Strategic Equity Portfolio R6	Foreign Large Cap Equities	33	13.95%	—	Oct 2005	LEAIX vs LISIX
ICMPX	Lazard International Quality Growth Portfolio	Foreign Large Cap Equities	2	-4.68%	—	Dec 2018	LEAIX vs ICMPX
LZUSX	Lazard US Equity Focus Portfolio	Large Cap Blend Equities	37	4.32%	—	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	36	10.24%	—	Oct 1991	LEAIX vs LZIEX
LZISX	Lazard International Small Cap Equity Portfolio	Foreign Small & Mid Cap Equities	75	30.69%	—	Nov 1993	LEAIX vs LZISX
RALIX	Lazard Real Assets Portfolio	Global Allocation	63	10.69%	—	Dec 2016	LEAIX vs RALIX

Often Compared With LEAIX

Investors most often compare LEAIX with LZFIX, PEPFX, EITEX. These 16 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	-8.61%	—	Sep 2017	LEAIX vs LZFIX
PEPFX	PIMCO RAE Emerging Markets Fund	Emerging Markets Diversified	36	12.34%	—	Jun 2015	LEAIX vs PEPFX
EITEX	Parametric Tax-Managed Emerging Markets Fund	Emerging Markets Diversified	76	12.00%	—	Jun 1998	LEAIX vs EITEX
LDMIX	Lazard Developing Markets Equity Portfolio	Emerging Markets Diversified	93	36.53%	—	Sep 2008	LEAIX vs LDMIX
CEMFX	Cullen Emerging Markets High Dividend Fund	Emerging Markets Diversified	89	25.52%	—	Aug 2012	LEAIX vs CEMFX
EFEIX	Ashmore Emerging Markets Frontier Equity Fund	Emerging Markets Diversified	32	4.24%	—	Nov 2013	LEAIX vs EFEIX
HLFMX	Harding Loevner Frontier Emerging Markets Fund	Emerging Markets Diversified	23	4.37%	—	May 2008	LEAIX vs HLFMX
BEMIX	Brandes Emerging Markets Fund	Emerging Markets Diversified	92	23.58%	—	Jan 2011	LEAIX vs BEMIX
TEMZX	Templeton Emerging Markets Small Cap Fund	Emerging Markets Diversified	32	14.51%	—	Oct 2006	LEAIX vs TEMZX
DODEX	Dodge & Cox Emerging Markets Stock Fund	Emerging Markets Diversified	94	25.94%	—	May 2021	LEAIX vs DODEX
EAEMX	Parametric Emerging Markets Fund	Emerging Markets Diversified	74	11.85%	—	Jun 2006	LEAIX vs EAEMX
EMPTX	UBS Emerging Markets Equity Opportunity Fund	Emerging Markets Diversified	93	31.56%	—	May 2018	LEAIX vs EMPTX
DRESX	Driehaus Emerging Markets Small Cap Growth Fund	Emerging Markets Diversified	77	20.61%	—	Aug 2011	LEAIX vs DRESX
PDEZX	PGIM Jennison Emerging Markets Equity Opportunitie...	Emerging Markets Diversified	60	37.21%	—	Sep 2014	LEAIX vs PDEZX
FZILX	Fidelity ZERO International Index Fund	Foreign Large Cap Equities	70	16.56%	—	Aug 2018	LEAIX vs FZILX
GTDDX	Invesco EQV Emerging Markets All Cap Fd	Emerging Markets Diversified	95	48.50%	—	Jan 1994	LEAIX vs GTDDX

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