MainStay Candriam Emerging Markets Equity Fund (MCYVX) 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 MCYVX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to MCYVX
MCYVX charges 1.57% annually. There are 196 mutual funds in the Emerging Markets Equities category with lower expense ratios, going as low as 0.01%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity Series Emerging Markets Opportunities Fun... | 0.01% | — | Dec 2008 | MCYVX vs FEMSX | |
| Fidelity Series Emerging Markets Fund | 0.01% | — | Aug 2018 | MCYVX vs FHKFX | |
| Vanguard Emerging Markets Stock Index Fund Institu... | 0.06% | — | Jun 2000 | MCYVX vs VEMIX | |
| Fidelity SAI Emerging Markets Index Fund | 0.08% | — | Jan 2016 | MCYVX vs FERGX | |
| Fidelity Emerging Markets Index Fund | 0.08% | — | Sep 2011 | MCYVX vs FPADX |
Best Risk-Adjusted Alternatives to MCYVX
MCYVX has a PortfoliosLab risk / return rank of 72. There are 67 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 | |
|---|---|---|---|---|---|
| Lazard Emerging Markets Equity Portfolio Class R6 | 96 | — | — | MCYVX vs RLEMX | |
| Lazard Emerging Markets Equity Portfolio | 95 | — | Jul 1994 | MCYVX vs LZEMX | |
| Delaware Emerging Markets Fund | 92 | — | Jun 1996 | MCYVX vs DEMIX | |
| Nomura Emerging Markets Fund Class A | 92 | — | Jun 1996 | MCYVX vs DEMAX | |
| Nomura Emerging Markets Fund Class C | 92 | — | Jun 1996 | MCYVX vs DEMCX |
Top Performing MCYVX Alternatives (YTD)
MCYVX is at 21.43% YTD. There are 54 mutual funds in the Emerging Markets Equities category with higher YTD returns, going as high as 77.44%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Delaware Emerging Markets Fund | 77.44% | — | Jun 1996 | MCYVX vs DEMIX | |
| Nomura Emerging Markets Fund Class A | 77.19% | — | Jun 1996 | MCYVX vs DEMAX | |
| Nomura Emerging Markets Fund Class C | 76.42% | — | Jun 1996 | MCYVX vs DEMCX | |
| Franklin Templeton SMACS: Series EM | 55.40% | — | Nov 2021 | MCYVX vs FQEMX | |
| GMO Emerging Markets ex-China Fund | 40.55% | — | Oct 2021 | MCYVX vs GMAQX |
Lowest Volatility Alternatives to MCYVX
MCYVX has 23.30% 1-year volatility. There are 137 mutual funds in the Emerging Markets Equities category with lower 1-year volatility, going as low as 9.86%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Goldman Sachs GQG Partners International Opportuni... | 9.86% | — | Dec 2016 | MCYVX vs GSIYX | |
| Ashmore Emerging Markets Small Cap Equity Fund | 10.28% | — | Oct 2011 | MCYVX vs ESCIX | |
| GQG Partners Emerging Markets Equity Fund | 11.51% | — | Dec 2016 | MCYVX vs GQGPX | |
| GQG Partners Emerging Markets Equity Fund Institut... | 11.53% | — | — | MCYVX vs GQGIX | |
| Fidelity SAI Emerging Markets Low Volatility Index... | 11.80% | — | Jan 2019 | MCYVX vs FGKPX |
Lowest Drawdown Alternatives to MCYVX
MCYVX has a 1-year max drawdown of -15.24%. There are 165 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 | |
|---|---|---|---|---|---|
| Ashmore Emerging Markets Small Cap Equity Fund | -5.70% | — | Oct 2011 | MCYVX vs ESCIX | |
| Fidelity SAI Emerging Markets Low Volatility Index... | -6.93% | — | Jan 2019 | MCYVX vs FGKPX | |
| Goldman Sachs GQG Partners International Opportuni... | -7.81% | — | Dec 2016 | MCYVX vs GSIYX | |
| BlackRock Defensive Advantage Emerging Markets Fun... | -8.89% | — | Dec 2020 | MCYVX vs BADEX | |
| The Cook & Bynum Fund | -8.95% | — | Jun 2009 | MCYVX vs COBYX |
Other Mutual Funds from MainStay
The 6 most viewed MainStay mutual funds shown here include MDHVX, MMHVX, MTFEX and span 4 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| MainStay MacKay Short Duration High Yield Fund | High Yield Bonds | 81 | 1.46% | — | Dec 2012 | MCYVX vs MDHVX | |
| MainStay MacKay High Yield Municipal Bond Fund | High Yield Muni | 86 | 1.55% | — | Mar 2010 | MCYVX vs MMHVX | |
| MainStay MacKay Strategic Municipal Allocation Fun... | Municipal Bonds | 63 | 0.18% | — | Jun 2019 | MCYVX vs MTFEX | |
| MainStay Epoch Capital Growth Fund | Global Equities | 30 | 6.78% | — | Jun 2016 | MCYVX vs MECVX | |
| MainStay MacKay California Tax Free Opportunities ... | Municipal Bonds | 65 | 0.26% | — | Feb 2013 | MCYVX vs MSCVX | |
| MainStay MacKay New York Tax Free Opportunities Fu... | Municipal Bonds | 78 | 0.92% | — | May 2012 | MCYVX vs MNOVX |
Often Compared With MCYVX
Investors most often compare MCYVX with BEMIX, EMPTX, HLFMX. These 20 comparison targets span 1 categories, based on PortfoliosLab usage data.
Compare MCYVX with Any Fund or Stock
Compare MCYVX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair MCYVX with funds that move differently
MainStay Candriam Emerging Markets Equity Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to MCYVX.
Explore MCYVX Diversifiers