LZEMX Alternatives & Similar Mutual Funds

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
FPADX	Fidelity Emerging Markets Index Fund	0.08%	—	Sep 2011	LZEMX vs FPADX
FERGX	Fidelity SAI Emerging Markets Index Fund	0.08%	—	Jan 2016	LZEMX vs FERGX
FCEEX	Franklin Emerging Market Core Equity (IU) Fund Adv...	0.17%	—	Jul 2019	LZEMX vs FCEEX
SSKEX	State Street Emerging Markets Equity Index Fund	0.17%	—	Dec 2015	LZEMX vs SSKEX
EMPTX	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 96. There are 8 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
FQEMX	Franklin Templeton SMACS: Series EM	98	—	Nov 2021	LZEMX vs FQEMX
DEMIX	Delaware Emerging Markets Fund	98	—	Jun 1996	LZEMX vs DEMIX
LCSMX	Martin Currie SMA-Shares Series EM Fund	98	—	Jan 2018	LZEMX vs LCSMX
GMAQX	GMO Emerging Markets ex-China Fund	97	—	Oct 2021	LZEMX vs GMAQX
LVAZX	LSV Emerging Markets Equity Fund	97	—	Jan 2019	LZEMX vs LVAZX

Top Performing LZEMX Alternatives (YTD)

LZEMX is at 26.96% YTD. There are 96 mutual funds in the Emerging Markets Diversified category with higher YTD returns, going as high as 112.88%.

Symbol	Name	YTD Return	AUM	Inception
DEMIX	Delaware Emerging Markets Fund	112.88%	—	Jun 1996	LZEMX vs DEMIX
FQEMX	Franklin Templeton SMACS: Series EM	90.39%	—	Nov 2021	LZEMX vs FQEMX
LCSMX	Martin Currie SMA-Shares Series EM Fund	67.99%	—	Jan 2018	LZEMX vs LCSMX
GMAQX	GMO Emerging Markets ex-China Fund	57.96%	—	Oct 2021	LZEMX vs GMAQX
GTDDX	Invesco EQV Emerging Markets All Cap Fd	49.96%	—	Jan 1994	LZEMX vs GTDDX

Lowest Volatility Alternatives to LZEMX

LZEMX has 13.37% 1-year volatility. There are 15 mutual funds in the Emerging Markets Diversified category with lower 1-year volatility, going as low as 10.37%.

Symbol	Name	Volatility 1Y	AUM	Inception
BADEX	BlackRock Defensive Advantage Emerging Markets Fun...	10.37%	—	Dec 2020	LZEMX vs BADEX
VIESX	Virtus KAR Emerging Markets Small-Cap Fund	11.03%	—	Dec 2013	LZEMX vs VIESX
GQGPX	GQG Partners Emerging Markets Equity Fund	11.32%	—	Dec 2016	LZEMX vs GQGPX
ESCIX	Ashmore Emerging Markets Small Cap Equity Fund	11.53%	—	Oct 2011	LZEMX vs ESCIX
EAEMX	Parametric Emerging Markets Fund	11.57%	—	Jun 2006	LZEMX vs EAEMX

Lowest Drawdown Alternatives to LZEMX

LZEMX has a 1-year max drawdown of -10.42%. There are 15 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	LZEMX vs ESCIX
WAEMX	Wasatch Emerging Markets Small Cap Fund	-7.89%	—	Sep 2007	LZEMX vs WAEMX
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
GQGPX	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.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
GLIFX	Lazard Global Listed Infrastructure Portfolio Inst...	Global Equities	24	7.33%	—	—	LZEMX vs GLIFX
GLFOX	Lazard Global Listed Infrastructure Portfolio Open...	Global Equities	23	7.26%	—	Dec 2009	LZEMX vs GLFOX
LISIX	Lazard International Strategic Equity Portfolio R6	Foreign Large Cap Equities	25	11.97%	—	Oct 2005	LZEMX vs LISIX
ICMPX	Lazard International Quality Growth Portfolio	Foreign Large Cap Equities	2	-1.64%	—	Dec 2018	LZEMX vs ICMPX
LZUSX	Lazard US Equity Focus Portfolio	Large Cap Blend Equities	41	5.70%	—	Dec 2004	LZEMX vs LZUSX
LZIEX	Lazard International Equity Portfolio	Foreign Large Cap Equities	29	9.81%	—	Oct 1991	LZEMX vs LZIEX
UMNIX	Lazard US Short Duration Fixed Income Portfolio	Ultrashort Bond	50	0.22%	—	Feb 2011	LZEMX vs UMNIX
RALIX	Lazard Real Assets Portfolio	Global Allocation	76	12.25%	—	Dec 2016	LZEMX vs RALIX
LZISX	Lazard International Small Cap Equity Portfolio	Foreign Small & Mid Cap Equities	61	28.42%	—	Nov 1993	LZEMX vs LZISX
LDMIX	Lazard Developing Markets Equity Portfolio	Emerging Markets Diversified	94	35.63%	—	Sep 2008	LZEMX vs LDMIX

Often Compared With LZEMX

Investors most often compare LZEMX with GQGIX, FOSFX, FCNTX. These 20 comparison targets span 4 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
GQGIX	GQG Partners Emerging Markets Equity Fund Institut...	Emerging Markets Equities	23	7.70%	—	—	LZEMX vs GQGIX
FOSFX	Fidelity Overseas Fund	Foreign Large Cap Equities	6	5.41%	—	Dec 1984	LZEMX vs FOSFX
FCNTX	Fidelity Contrafund	Large Cap Growth Equities	35	7.76%	176.32B	May 1967	LZEMX vs FCNTX
EEM	iShares MSCI Emerging Markets ETF	Emerging Markets Diversified	81	27.80%	30.33B	Apr 2003	LZEMX vs EEM
PZVEX	Pzena Emerging Markets Value Fund	Emerging Markets Diversified	78	16.97%	—	Mar 2014	LZEMX vs PZVEX
FSPSX	Fidelity International Index Fund	Foreign Large Cap Equities	27	9.51%	—	Nov 1997	LZEMX vs FSPSX
SCHE	Schwab Emerging Markets Equity ETF	Emerging Markets Equities	54	11.88%	12.74B	Jan 2010	LZEMX vs SCHE
LEAIX	Lazard Emerging Markets Equity Advantage Portfolio	Emerging Markets Diversified	92	32.01%	—	May 2015	LZEMX vs LEAIX
VWO	Vanguard FTSE Emerging Markets ETF	Emerging Markets Equities	56	12.22%	159.90B	Mar 2005	LZEMX vs VWO
QTERX	AQR Emerging Multi-Style II Fund Class R6	Emerging Markets Diversified	89	30.75%	—	Feb 2012	LZEMX vs QTERX
CIVIX	Causeway International Value Instl	Foreign Large Cap Equities	24	6.21%	—	Oct 2001	LZEMX vs CIVIX
FSSGX	Fidelity SAI Sustainable Emerging Markets Equity F...	Emerging Markets Diversified	91	34.28%	—	Apr 2022	LZEMX vs FSSGX
EMXC	iShares MSCI Emerging Markets ex China ETF	Emerging Markets Equities	91	41.72%	24.61B	Jul 2017	LZEMX vs EMXC
REEIX	RBC Emerging Markets Equity Fund	Emerging Markets Diversified	83	28.84%	—	Dec 2013	LZEMX vs REEIX
DRESX	Driehaus Emerging Markets Small Cap Growth Fund	Emerging Markets Diversified	81	20.11%	—	Aug 2011	LZEMX vs DRESX
DFCEX	DFA Emerging Markets Core Equity Fund	Emerging Markets Diversified	89	25.19%	—	Apr 2005	LZEMX vs DFCEX
EMRSX	JPMorgan Emerging Markets Research Enhanced Equity...	Emerging Markets Diversified	90	30.71%	—	Dec 2018	LZEMX vs EMRSX
SIEMX	SEI Institutional International Trust Emerging Mar...	Emerging Markets Diversified	91	29.32%	—	Jan 1995	LZEMX vs SIEMX
BEMIX	Brandes Emerging Markets Fund	Emerging Markets Diversified	94	25.80%	—	Jan 2011	LZEMX vs BEMIX
DESIX	DFA Emerging Markets Sustainability Core 1 Portfol...	Emerging Markets Diversified	80	22.62%	—	Mar 2018	LZEMX vs DESIX

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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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