MADCX Alternatives & Similar Mutual Funds

BlackRock Emerging Markets Fund, Inc. (MADCX) 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 MADCX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to MADCX

MADCX charges 0.86% annually. There are 50 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	MADCX vs FEMSX
FHKFX	Fidelity Series Emerging Markets Fund	0.01%	—	Aug 2018	MADCX vs FHKFX
VEMIX	Vanguard Emerging Markets Stock Index Fund Institu...	0.06%	—	Jun 2000	MADCX vs VEMIX
FPADX	Fidelity Emerging Markets Index Fund	0.08%	—	Sep 2011	MADCX vs FPADX
FERGX	Fidelity SAI Emerging Markets Index Fund	0.08%	—	Jan 2016	MADCX vs FERGX

Best Risk-Adjusted Alternatives to MADCX

MADCX has a PortfoliosLab risk / return rank of 63. There are 112 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
LZEMX	Lazard Emerging Markets Equity Portfolio	96	—	Jul 1994	MADCX vs LZEMX
RLEMX	Lazard Emerging Markets Equity Portfolio Class R6	96	—	—	MADCX vs RLEMX
ESCIX	Ashmore Emerging Markets Small Cap Equity Fund	96	—	Oct 2011	MADCX vs ESCIX
DEMIX	Delaware Emerging Markets Fund	94	—	Jun 1996	MADCX vs DEMIX
DEMAX	Nomura Emerging Markets Fund Class A	94	—	Jun 1996	MADCX vs DEMAX

Top Performing MADCX Alternatives (YTD)

MADCX is at 21.76% YTD. There are 62 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	MADCX vs DEMIX
DEMAX	Nomura Emerging Markets Fund Class A	79.56%	—	Jun 1996	MADCX vs DEMAX
DEMCX	Nomura Emerging Markets Fund Class C	78.77%	—	Jun 1996	MADCX vs DEMCX
FQEMX	Franklin Templeton SMACS: Series EM	57.68%	—	Nov 2021	MADCX vs FQEMX
GMAQX	GMO Emerging Markets ex-China Fund	41.38%	—	Oct 2021	MADCX vs GMAQX

Lowest Volatility Alternatives to MADCX

MADCX has 26.71% 1-year volatility. There are 196 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	MADCX vs GSIYX
ESCIX	Ashmore Emerging Markets Small Cap Equity Fund	10.04%	—	Oct 2011	MADCX vs ESCIX
GQGPX	GQG Partners Emerging Markets Equity Fund	11.51%	—	Dec 2016	MADCX vs GQGPX
GQGIX	GQG Partners Emerging Markets Equity Fund Institut...	11.53%	—	—	MADCX vs GQGIX
COBYX	The Cook & Bynum Fund	11.73%	—	Jun 2009	MADCX vs COBYX

Lowest Drawdown Alternatives to MADCX

MADCX has a 1-year max drawdown of -17.17%. There are 188 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	MADCX vs ESCIX
FGKPX	Fidelity SAI Emerging Markets Low Volatility Index...	-6.93%	—	Jan 2019	MADCX vs FGKPX
GSIYX	Goldman Sachs GQG Partners International Opportuni...	-7.81%	—	Dec 2016	MADCX vs GSIYX
BADEX	BlackRock Defensive Advantage Emerging Markets Fun...	-8.89%	—	Dec 2020	MADCX vs BADEX
COBYX	The Cook & Bynum Fund	-8.95%	—	Jun 2009	MADCX vs COBYX

Other Mutual Funds from BlackRock

The 10 most viewed BlackRock mutual funds shown here include ECAT, WFSPX, BDMIX and span 10 categories.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
ECAT	BlackRock ESG Capital Allocation Term Trust	Tactical Allocation, Derivative Income, ESG	30	13.03%	—	Sep 2021	MADCX vs ECAT
WFSPX	iShares S&P 500 Index Fund Class K	S&P 500	75	11.74%	—	Jul 1993	MADCX vs WFSPX
BDMIX	BlackRock Global Equity Market Neutral Fund Class ...	Equity Market Neutral	98	12.78%	—	Dec 2012	MADCX vs BDMIX
LIVIX	BlackRock LifePath Index 2055 Fund - Institutional...	Target Retirement Date	75	12.53%	—	May 2011	MADCX vs LIVIX
BDJ	BlackRock Enhanced Equity Dividend Trust	Derivative Income	64	8.53%	—	Aug 2005	MADCX vs BDJ
BGSAX	BlackRock Technology Opportunities Fund Investor A	Technology Equities	33	26.05%	—	May 2000	MADCX vs BGSAX
BDMAX	BlackRock Global Equity Market Neutral Fund Invest...	Equity Market Neutral	98	12.58%	—	Dec 2012	MADCX vs BDMAX
MADVX	BlackRock Equity Dividend Fund Institutional Share...	Large Cap Value Equities	92	17.98%	—	Nov 1988	MADCX vs MADVX
BRHYX	BlackRock High Yield Fund Class K	High Yield Bonds	72	1.50%	—	Nov 1998	MADCX vs BRHYX
BSIIX	BlackRock Strategic Income Opportunities Fund Inst...	Total Bond Market	45	1.14%	—	Feb 2008	MADCX vs BSIIX

Often Compared With MADCX

Investors most often compare MADCX with EEMV, EFEIX, VOO. These 20 comparison targets span 11 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
EEMV	iShares MSCI Emerging Markets Min Vol Factor ETF	Emerging Markets Equities, Low Volatility	48	16.01%	3.45B	Oct 2011	MADCX vs EEMV
EFEIX	Ashmore Emerging Markets Frontier Equity Fund	Emerging Markets Equities	25	5.66%	—	Nov 2013	MADCX vs EFEIX
VOO	Vanguard S&P 500 ETF	S&P 500	72	13.74%	1.70T	Sep 2010	MADCX vs VOO
SCHD	Schwab U.S. Dividend Equity ETF	Dividend	95	25.44%	104.16B	Oct 2011	MADCX vs SCHD
GLLSX	abrdn Emerging Markets ex-China Fund	Emerging Markets Equities	83	32.84%	—	Aug 2000	MADCX vs GLLSX
EEM	iShares MSCI Emerging Markets ETF	Emerging Markets Equities	60	21.26%	29.16B	Apr 2003	MADCX vs EEM
VWO	Vanguard FTSE Emerging Markets ETF	Emerging Markets Equities	49	11.83%	163.30B	Mar 2005	MADCX vs VWO
SSKEX	State Street Emerging Markets Equity Index Fund	Emerging Markets Equities	72	20.30%	—	Dec 2015	MADCX vs SSKEX
EITEX	Parametric Tax-Managed Emerging Markets Fund	Emerging Markets Equities	63	10.17%	—	Jun 1998	MADCX vs EITEX
FCEEX	Franklin Emerging Market Core Equity (IU) Fund Adv...	Emerging Markets Equities	68	20.69%	—	Jul 2019	MADCX vs FCEEX
LCSMX	Martin Currie SMA-Shares Series EM Fund	Emerging Markets Equities	85	38.73%	—	Jan 2018	MADCX vs LCSMX
BEMIX	Brandes Emerging Markets Fund	Emerging Markets Equities	91	23.21%	—	Jan 2011	MADCX vs BEMIX
EAEMX	Parametric Emerging Markets Fund	Emerging Markets Equities	62	10.00%	—	Jun 2006	MADCX vs EAEMX
EMPTX	UBS Emerging Markets Equity Opportunity Fund	Emerging Markets Equities	80	21.86%	—	May 2018	MADCX vs EMPTX
IMIDX	Congress Mid Cap Growth Fund	Mid Cap Growth Equities	18	18.42%	—	Oct 2012	MADCX vs IMIDX
FECGX	Fidelity Small Cap Growth Index Fund	Small Cap Growth Equities	51	17.40%	—	Jul 2019	MADCX vs FECGX
GETGX	Victory Sycamore Established Value Fund	Mid Cap Value Equities	52	14.86%	—	Aug 1983	MADCX vs GETGX
DFSVX	DFA U.S. Small Cap Value Portfolio I	Small Cap Value Equities	90	22.74%	19.45B	Mar 1993	MADCX vs DFSVX
VFAIX	Vanguard Financials Index Fund Admiral Shares	Financials Equities	22	6.28%	13.90B	Feb 2004	MADCX vs VFAIX
VTMFX	Vanguard Tax-Managed Balanced Fund Admiral Shares	Diversified Portfolio, Municipal Bonds	77	5.51%	12.30B	Sep 1994	MADCX vs VTMFX

Compare MADCX with Any Fund or Stock

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

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Diversifiers

Pair MADCX with funds that move differently

BlackRock Emerging Markets Fund, Inc. alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to MADCX.

Explore MADCX Diversifiers

BlackRock Emerging Markets Fund, Inc. (MADCX) Alternatives