LZEMX Alternatives & Similar Mutual Funds

Lazard Emerging Markets Equity Portfolio (LZEMX) 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 LZEMX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to LZEMX

LZEMX charges 1.06% annually. There are 98 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	LZEMX vs FEMSX
FHKFX	Fidelity Series Emerging Markets Fund	0.01%	—	Aug 2018	LZEMX vs FHKFX
VEMIX	Vanguard Emerging Markets Stock Index Fund Institu...	0.06%	—	Jun 2000	LZEMX vs VEMIX
FERGX	Fidelity SAI Emerging Markets Index Fund	0.08%	—	Jan 2016	LZEMX vs FERGX
FPADX	Fidelity Emerging Markets Index Fund	0.08%	—	Sep 2011	LZEMX vs FPADX

Best Risk-Adjusted Alternatives to LZEMX

LZEMX has a PortfoliosLab risk / return rank of 96. No mutual funds in the Emerging Markets Equities category have higher risk-adjusted ranks; the top alternatives shown here go as high as 96.

Symbol	Name	Risk / Return Rank	AUM	Inception
RLEMX	Lazard Emerging Markets Equity Portfolio Class R6	96	—	—	LZEMX vs RLEMX
ESCIX	Ashmore Emerging Markets Small Cap Equity Fund	96	—	Oct 2011	LZEMX vs ESCIX
DEMIX	Delaware Emerging Markets Fund	94	—	Jun 1996	LZEMX vs DEMIX
DEMAX	Nomura Emerging Markets Fund Class A	94	—	Jun 1996	LZEMX vs DEMAX
DEMCX	Nomura Emerging Markets Fund Class C	94	—	Jun 1996	LZEMX vs DEMCX

Top Performing LZEMX Alternatives (YTD)

LZEMX is at 26.32% YTD. There are 17 mutual funds in the Emerging Markets Equities category with higher YTD returns, going as high as 79.82%.

Symbol	Name	YTD Return	AUM	Inception
DEMIX	Delaware Emerging Markets Fund	79.82%	—	Jun 1996	LZEMX vs DEMIX
DEMAX	Nomura Emerging Markets Fund Class A	79.56%	—	Jun 1996	LZEMX vs DEMAX
DEMCX	Nomura Emerging Markets Fund Class C	78.77%	—	Jun 1996	LZEMX vs DEMCX
FQEMX	Franklin Templeton SMACS: Series EM	57.68%	—	Nov 2021	LZEMX vs FQEMX
GMAQX	GMO Emerging Markets ex-China Fund	41.38%	—	Oct 2021	LZEMX vs GMAQX

Lowest Volatility Alternatives to LZEMX

LZEMX has 14.79% 1-year volatility. There are 19 mutual funds in the Emerging Markets Equities category with lower 1-year volatility, going as low as 9.90%.

Symbol	Name	Volatility 1Y	AUM	Inception
GSIYX	Goldman Sachs GQG Partners International Opportuni...	9.90%	—	Dec 2016	LZEMX vs GSIYX
ESCIX	Ashmore Emerging Markets Small Cap Equity Fund	10.04%	—	Oct 2011	LZEMX vs ESCIX
GQGPX	GQG Partners Emerging Markets Equity Fund	11.51%	—	Dec 2016	LZEMX vs GQGPX
GQGIX	GQG Partners Emerging Markets Equity Fund Institut...	11.53%	—	—	LZEMX vs GQGIX
COBYX	The Cook & Bynum Fund	11.73%	—	Jun 2009	LZEMX vs COBYX

Lowest Drawdown Alternatives to LZEMX

LZEMX has a 1-year max drawdown of -10.42%. There are 23 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	LZEMX vs ESCIX
FGKPX	Fidelity SAI Emerging Markets Low Volatility Index...	-6.93%	—	Jan 2019	LZEMX vs FGKPX
GSIYX	Goldman Sachs GQG Partners International Opportuni...	-7.81%	—	Dec 2016	LZEMX vs GSIYX
BADEX	BlackRock Defensive Advantage Emerging Markets Fun...	-8.89%	—	Dec 2020	LZEMX vs BADEX
COBYX	The Cook & Bynum Fund	-8.95%	—	Jun 2009	LZEMX vs COBYX

Other Mutual Funds from Lazard

The 10 most viewed Lazard mutual funds shown here include GLIFX, LISIX, GLFOX 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	36	7.62%	—	—	LZEMX vs GLIFX
LISIX	Lazard International Strategic Equity Portfolio R6	Foreign Large Cap Equities	33	12.27%	—	Oct 2005	LZEMX vs LISIX
GLFOX	Lazard Global Listed Infrastructure Portfolio Open...	Infrastructure Equities, Global Equities	34	7.54%	—	Dec 2009	LZEMX vs GLFOX
UMNIX	Lazard US Short Duration Fixed Income Portfolio	Ultrashort Bond	—	—	—	Feb 2011	LZEMX vs UMNIX
ICMPX	Lazard International Quality Growth Portfolio	Quality Factor, Foreign Large Cap Equities	5	-0.18%	—	Dec 2018	LZEMX vs ICMPX
LZUSX	Lazard US Equity Focus Portfolio	Large Cap Blend Equities	70	11.28%	—	Dec 2004	LZEMX vs LZUSX
LZIEX	Lazard International Equity Portfolio	Foreign Large Cap Equities	50	11.57%	—	Oct 1991	LZEMX vs LZIEX
LZISX	Lazard International Small Cap Equity Portfolio	Foreign Small & Mid Cap Equities	46	21.53%	—	Nov 1993	LZEMX vs LZISX
RALIX	Lazard Real Assets Portfolio	Global Allocation	89	13.10%	—	Dec 2016	LZEMX vs RALIX
LCAIX	Lazard Opportunistic Strategies Portfolio	Tactical Allocation	41	6.21%	—	Mar 2008	LZEMX vs LCAIX

Often Compared With LZEMX

Investors most often compare LZEMX with PZVEX, FOSFX, FCNTX. These 20 comparison targets span 3 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
PZVEX	Pzena Emerging Markets Value Fund	Emerging Markets Equities	65	13.56%	—	Mar 2014	LZEMX vs PZVEX
FOSFX	Fidelity Overseas Fund	Foreign Large Cap Equities	17	6.68%	—	Dec 1984	LZEMX vs FOSFX
FCNTX	Fidelity Contrafund	Large Cap Growth Equities	33	9.08%	176.32B	May 1967	LZEMX vs FCNTX
EEM	iShares MSCI Emerging Markets ETF	Emerging Markets Equities	60	21.26%	29.16B	Apr 2003	LZEMX vs EEM
FSPSX	Fidelity International Index Fund	Foreign Large Cap Equities	64	12.40%	—	Nov 1997	LZEMX vs FSPSX
LEAIX	Lazard Emerging Markets Equity Advantage Portfolio	Emerging Markets Equities	71	20.83%	—	May 2015	LZEMX vs LEAIX
QTERX	AQR Emerging Multi-Style II Fund Class R6	Emerging Markets Equities	58	19.37%	—	Feb 2012	LZEMX vs QTERX
CIVIX	Causeway International Value Instl	Foreign Large Cap Equities	53	12.55%	—	Oct 2001	LZEMX vs CIVIX
SCHE	Schwab Emerging Markets Equity ETF	Emerging Markets Equities	49	12.38%	12.59B	Jan 2010	LZEMX vs SCHE
VWO	Vanguard FTSE Emerging Markets ETF	Emerging Markets Equities	49	11.83%	163.30B	Mar 2005	LZEMX vs VWO
FSSGX	Fidelity SAI Sustainable Emerging Markets Equity F...	Emerging Markets Equities	68	22.13%	—	Apr 2022	LZEMX vs FSSGX
DFCEX	DFA Emerging Markets Core Equity Fund	Emerging Markets Equities	56	15.26%	36.43B	Apr 2005	LZEMX vs DFCEX
EMRSX	JPMorgan Emerging Markets Research Enhanced Equity...	Emerging Markets Equities	65	19.71%	—	Dec 2018	LZEMX vs EMRSX
WAEMX	Wasatch Emerging Markets Small Cap Fund	Emerging Markets Equities	37	15.88%	—	Sep 2007	LZEMX vs WAEMX
REEIX	RBC Emerging Markets Equity Fund	Emerging Markets Equities	66	19.75%	—	Dec 2013	LZEMX vs REEIX
EMXC	iShares MSCI Emerging Markets ex China ETF	Emerging Markets Equities	75	32.14%	23.65B	Jul 2017	LZEMX vs EMXC
VIESX	Virtus KAR Emerging Markets Small-Cap Fund	Emerging Markets Equities	6	2.63%	—	Dec 2013	LZEMX vs VIESX
EMPTX	UBS Emerging Markets Equity Opportunity Fund	Emerging Markets Equities	80	21.86%	—	May 2018	LZEMX vs EMPTX
BEMIX	Brandes Emerging Markets Fund	Emerging Markets Equities	91	23.21%	—	Jan 2011	LZEMX vs BEMIX
SIEMX	SEI Institutional International Trust Emerging Mar...	Emerging Markets Equities	72	20.11%	—	Jan 1995	LZEMX vs SIEMX

Compare LZEMX with Any Fund or Stock

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

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Diversifiers

Pair LZEMX with funds that move differently

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

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Lazard Emerging Markets Equity Portfolio (LZEMX) Alternatives