Lazard Emerging Markets Equity Portfolio (LZEMX) 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 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 74 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 | LZEMX vs FPADX | |
| Fidelity SAI Emerging Markets Index Fund | 0.08% | — | Jan 2016 | LZEMX vs FERGX | |
| Franklin Emerging Market Core Equity (IU) Fund Adv... | 0.17% | — | Jul 2019 | LZEMX vs FCEEX | |
| State Street Emerging Markets Equity Index Fund | 0.17% | — | Dec 2015 | LZEMX vs SSKEX | |
| UBS Emerging Markets Equity Opportunity Fund | 0.19% | — | May 2018 | LZEMX vs EMPTX |
Best Risk-Adjusted Alternatives to LZEMX
LZEMX has a PortfoliosLab risk / return rank of 93. There are 5 mutual funds in the Emerging Markets Diversified category with higher risk-adjusted ranks, going as high as 97.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Delaware Emerging Markets Fund | 97 | — | Jun 1996 | LZEMX vs DEMIX | |
| Franklin Templeton SMACS: Series EM | 96 | — | Nov 2021 | LZEMX vs FQEMX | |
| Martin Currie SMA-Shares Series EM Fund | 95 | — | Jan 2018 | LZEMX vs LCSMX | |
| GMO Emerging Markets ex-China Fund | 94 | — | Oct 2021 | LZEMX vs GMAQX | |
| LSV Emerging Markets Equity Fund | 93 | — | Jan 2019 | LZEMX vs LVAZX |
Top Performing LZEMX Alternatives (YTD)
LZEMX is at 22.13% YTD. There are 96 mutual funds in the Emerging Markets Diversified category with higher YTD returns, going as high as 125.98%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Delaware Emerging Markets Fund | 125.98% | — | Jun 1996 | LZEMX vs DEMIX | |
| Franklin Templeton SMACS: Series EM | 75.65% | — | Nov 2021 | LZEMX vs FQEMX | |
| Martin Currie SMA-Shares Series EM Fund | 57.98% | — | Jan 2018 | LZEMX vs LCSMX | |
| GMO Emerging Markets ex-China Fund | 44.54% | — | Oct 2021 | LZEMX vs GMAQX | |
| Invesco EQV Emerging Markets All Cap Fd | 40.89% | — | Jan 1994 | LZEMX vs GTDDX |
Lowest Volatility Alternatives to LZEMX
LZEMX has 14.35% 1-year volatility. There are 14 mutual funds in the Emerging Markets Diversified category with lower 1-year volatility, going as low as 11.19%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Ashmore Emerging Markets Small Cap Equity Fund | 11.19% | — | Oct 2011 | LZEMX vs ESCIX | |
| Virtus KAR Emerging Markets Small-Cap Fund | 11.54% | — | Dec 2013 | LZEMX vs VIESX | |
| GQG Partners Emerging Markets Equity Fund | 11.57% | — | Dec 2016 | LZEMX vs GQGPX | |
| The Cook & Bynum Fund | 11.91% | — | Jun 2009 | LZEMX vs COBYX | |
| BlackRock Defensive Advantage Emerging Markets Fun... | 12.07% | — | Dec 2020 | LZEMX vs BADEX |
Lowest Drawdown Alternatives to LZEMX
LZEMX has a 1-year max drawdown of -10.42%. There are 14 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 | LZEMX vs ESCIX | |
| Wasatch Emerging Markets Small Cap Fund | -7.89% | — | Sep 2007 | LZEMX vs WAEMX | |
| BlackRock Defensive Advantage Emerging Markets Fun... | -8.89% | — | Dec 2020 | LZEMX vs BADEX | |
| The Cook & Bynum Fund | -8.95% | — | Jun 2009 | LZEMX vs COBYX | |
| GQG Partners Emerging Markets Equity Fund | -9.12% | — | Dec 2016 | LZEMX vs GQGPX |
Other Mutual Funds from Lazard
The 10 most viewed Lazard mutual funds shown here include GLIFX, GLFOX, LISIX and span 7 categories.
Often Compared With LZEMX
Investors most often compare LZEMX with GQGIX, FCNTX, FOSFX. These 20 comparison targets span 5 categories, based on PortfoliosLab usage data.
Compare LZEMX with Any Fund or Stock
Compare LZEMX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
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.
Explore LZEMX Diversifiers