iShares MSCI EAFE International Index Fund (MDIIX) belongs to the Foreign Large Cap Equities category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with MDIIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to MDIIX
MDIIX charges 0.35% annually. There are 57 mutual funds in the Foreign Large Cap Equities category with lower expense ratios, going as low as 0.01%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity Series International Growth Fund | 0.01% | — | Dec 2009 | MDIIX vs FIGSX | |
| Fidelity Series Global ex U.S. Index Fund | 0.01% | — | Sep 2009 | MDIIX vs FSGEX | |
| Fidelity Series International Value Fund | 0.01% | — | Dec 2009 | MDIIX vs FINVX | |
| Fidelity Series Overseas Fund | 0.01% | — | Jun 2019 | MDIIX vs FSOSX | |
| Fidelity Series International Index Fund | 0.01% | — | Aug 2018 | MDIIX vs FHLFX |
Best Risk-Adjusted Alternatives to MDIIX
MDIIX has a PortfoliosLab risk / return rank of 35. There are 218 mutual funds in the Foreign Large Cap Equities category with higher risk-adjusted ranks, going as high as 92.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| GMO Tax-Managed International Equities Fund | 92 | — | Jul 1998 | MDIIX vs GTMIX | |
| Touchstone International Equity Fund | 92 | — | Mar 1993 | MDIIX vs SWRLX | |
| SA International Value Fund | 89 | — | Aug 1999 | MDIIX vs SAHMX | |
| Dunham International Stock Fund | 88 | — | Dec 2004 | MDIIX vs DCINX | |
| GMO International Developed Equity Allocation Fund | 87 | — | Jun 2006 | MDIIX vs GIOTX |
Top Performing MDIIX Alternatives (YTD)
MDIIX is at 10.36% YTD. There are 223 mutual funds in the Foreign Large Cap Equities category with higher YTD returns, going as high as 28.55%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| American Beacon Tocqueville International Value Fu... | 28.55% | — | Aug 1994 | MDIIX vs TIVFX | |
| Fidelity SAI International SMA Completion Fund | 26.94% | — | Apr 2019 | MDIIX vs FISZX | |
| Calamos International Growth Fund | 25.57% | — | Mar 2005 | MDIIX vs CIGIX | |
| Lord Abbett International Growth Fund | 24.40% | — | Jun 2021 | MDIIX vs LIAGX | |
| Dunham International Stock Fund | 23.49% | — | Dec 2004 | MDIIX vs DCINX |
Lowest Volatility Alternatives to MDIIX
MDIIX has 15.70% 1-year volatility. There are 199 mutual funds in the Foreign Large Cap Equities category with lower 1-year volatility, going as low as 8.34%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity Advisor Overseas Fund Class C | 8.34% | — | Nov 1997 | MDIIX vs FAOCX | |
| Fidelity Advisor Overseas Fund Class Z | 8.34% | — | Feb 2017 | MDIIX vs FAOSX | |
| Fidelity Advisor Overseas Fund Class A | 8.35% | — | Sep 1996 | MDIIX vs FAOAX | |
| Fidelity Advisor Overseas Fund Class I | 8.36% | — | Jul 1995 | MDIIX vs FAOIX | |
| Fidelity Advisor Overseas Fund Class M | 8.37% | — | Apr 1990 | MDIIX vs FAERX |
Lowest Drawdown Alternatives to MDIIX
MDIIX has a 1-year max drawdown of -11.32%. There are 144 mutual funds in the Foreign Large Cap Equities category with shallower 1-year drawdowns, going as shallow as -6.94%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Redwood AlphaFactor Tactical International Fund | -6.94% | — | Nov 2017 | MDIIX vs RWIIX | |
| Federated Hermes International Strategic Value Div... | -6.97% | — | Jun 2008 | MDIIX vs IVFIX | |
| Fidelity Advisor Overseas Fund Class Z | -7.26% | — | Feb 2017 | MDIIX vs FAOSX | |
| Fidelity Advisor Overseas Fund Class I | -7.28% | — | Jul 1995 | MDIIX vs FAOIX | |
| Fidelity Advisor Overseas Fund Class M | -7.29% | — | Apr 1990 | MDIIX vs FAERX |
Other Mutual Funds from iShares
The 10 most viewed iShares mutual funds shown here include BTMKX, BSPIX, BKTSX and span 6 categories.
Often Compared With MDIIX
Investors most often compare MDIIX with BASMX, APHIX, STEZX. These 20 comparison targets span 4 categories, based on PortfoliosLab usage data.
Compare MDIIX with Any Fund or Stock
Compare MDIIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair MDIIX with funds that move differently
iShares MSCI EAFE International Index Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to MDIIX.
Explore MDIIX Diversifiers