MDOEX Alternatives & Similar Mutual Funds

Morgan Stanley Developing Opportunity Portfolio (MDOEX) 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 MDOEX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to MDOEX

MDOEX charges 1.15% annually. There are 122 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	MDOEX vs FEMSX
FHKFX	Fidelity Series Emerging Markets Fund	0.01%	—	Aug 2018	MDOEX vs FHKFX
VEMIX	Vanguard Emerging Markets Stock Index Fund Institu...	0.06%	—	Jun 2000	MDOEX vs VEMIX
FERGX	Fidelity SAI Emerging Markets Index Fund	0.08%	—	Jan 2016	MDOEX vs FERGX
FPADX	Fidelity Emerging Markets Index Fund	0.08%	—	Sep 2011	MDOEX vs FPADX

Best Risk-Adjusted Alternatives to MDOEX

MDOEX has a PortfoliosLab risk / return rank of 9. There are 206 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
RLEMX	Lazard Emerging Markets Equity Portfolio Class R6	96	—	—	MDOEX vs RLEMX
LZEMX	Lazard Emerging Markets Equity Portfolio	95	—	Jul 1994	MDOEX vs LZEMX
DEMIX	Delaware Emerging Markets Fund	92	—	Jun 1996	MDOEX vs DEMIX
DEMAX	Nomura Emerging Markets Fund Class A	92	—	Jun 1996	MDOEX vs DEMAX
DEMCX	Nomura Emerging Markets Fund Class C	92	—	Jun 1996	MDOEX vs DEMCX

Top Performing MDOEX Alternatives (YTD)

MDOEX is at 11.78% YTD. There are 174 mutual funds in the Emerging Markets Equities category with higher YTD returns, going as high as 77.44%.

Symbol	Name	YTD Return	AUM	Inception
DEMIX	Delaware Emerging Markets Fund	77.44%	—	Jun 1996	MDOEX vs DEMIX
DEMAX	Nomura Emerging Markets Fund Class A	77.19%	—	Jun 1996	MDOEX vs DEMAX
DEMCX	Nomura Emerging Markets Fund Class C	76.42%	—	Jun 1996	MDOEX vs DEMCX
FQEMX	Franklin Templeton SMACS: Series EM	55.40%	—	Nov 2021	MDOEX vs FQEMX
GMAQX	GMO Emerging Markets ex-China Fund	40.55%	—	Oct 2021	MDOEX vs GMAQX

Lowest Volatility Alternatives to MDOEX

MDOEX has 26.01% 1-year volatility. There are 188 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
GSIYX	Goldman Sachs GQG Partners International Opportuni...	9.86%	—	Dec 2016	MDOEX vs GSIYX
ESCIX	Ashmore Emerging Markets Small Cap Equity Fund	10.28%	—	Oct 2011	MDOEX vs ESCIX
GQGPX	GQG Partners Emerging Markets Equity Fund	11.51%	—	Dec 2016	MDOEX vs GQGPX
GQGIX	GQG Partners Emerging Markets Equity Fund Institut...	11.53%	—	—	MDOEX vs GQGIX
FGKPX	Fidelity SAI Emerging Markets Low Volatility Index...	11.80%	—	Jan 2019	MDOEX vs FGKPX

Lowest Drawdown Alternatives to MDOEX

MDOEX has a 1-year max drawdown of -21.82%. There are 202 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	MDOEX vs ESCIX
FGKPX	Fidelity SAI Emerging Markets Low Volatility Index...	-6.93%	—	Jan 2019	MDOEX vs FGKPX
GSIYX	Goldman Sachs GQG Partners International Opportuni...	-7.81%	—	Dec 2016	MDOEX vs GSIYX
BADEX	BlackRock Defensive Advantage Emerging Markets Fun...	-8.89%	—	Dec 2020	MDOEX vs BADEX
COBYX	The Cook & Bynum Fund	-8.95%	—	Jun 2009	MDOEX vs COBYX

Other Mutual Funds from Morgan Stanley

The 10 most viewed Morgan Stanley mutual funds shown here include MSEQX, MACGX, EDD and span 5 categories.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
MSEQX	Morgan Stanley Growth Portfolio Class I	Large Cap Growth Equities	2	-10.25%	—	Apr 1991	MDOEX vs MSEQX
MACGX	Morgan Stanley Institutional Fund Trust Discovery ...	Mid Cap Growth Equities	2	-2.11%	—	Mar 1990	MDOEX vs MACGX
EDD	Morgan Stanley Emerging Markets Domestic Fund	Emerging Markets Bonds	53	15.39%	—	Apr 2007	MDOEX vs EDD
CPOAX	Morgan Stanley Insight A	Large Cap Growth Equities	2	-7.80%	—	Jan 2002	MDOEX vs CPOAX
MPEGX	Morgan Stanley Institutional Fund Trust Discovery ...	Mid Cap Growth Equities	2	-1.99%	—	Mar 1990	MDOEX vs MPEGX
MEGIX	Morgan Stanley Growth Portfolio	Large Cap Growth Equities	2	-10.79%	—	Apr 2017	MDOEX vs MEGIX
CPODX	Morgan Stanley Insight Fund	Large Cap Growth Equities	2	-7.64%	—	Jul 1997	MDOEX vs CPODX
DINDX	Morgan Stanley Global Fixed Income Opportunities F...	Multisector Bonds	—	—	—	Jul 1997	MDOEX vs DINDX
MSEGX	Morgan Stanley Institutional Growth Portfolio	Large Cap Growth Equities	2	-10.37%	—	Apr 1991	MDOEX vs MSEGX
MUIIX	Morgan Stanley Institutional Fund Trust Ultra-Shor...	Ultrashort Bond	100	1.78%	—	Apr 2016	MDOEX vs MUIIX

Often Compared With MDOEX

Investors most often compare MDOEX with SPY, HLFMX, DRESX. These 20 comparison targets span 3 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
SPY	State Street SPDR S&P 500 ETF	S&P 500	78	11.70%	789.06B	Jan 1993	MDOEX vs SPY
HLFMX	Harding Loevner Frontier Emerging Markets Fund	Emerging Markets Equities	25	5.94%	—	May 2008	MDOEX vs HLFMX
DRESX	Driehaus Emerging Markets Small Cap Growth Fund	Emerging Markets Equities	22	4.11%	—	Aug 2011	MDOEX vs DRESX
MGKQX	Morgan Stanley Global Permanence Portfolio	Global Equities	1	-0.25%	—	Apr 2019	MDOEX vs MGKQX
EMPTX	UBS Emerging Markets Equity Opportunity Fund	Emerging Markets Equities	81	21.29%	—	May 2018	MDOEX vs EMPTX
SSKEX	State Street Emerging Markets Equity Index Fund	Emerging Markets Equities	73	21.11%	—	Dec 2015	MDOEX vs SSKEX
WAEMX	Wasatch Emerging Markets Small Cap Fund	Emerging Markets Equities	34	13.53%	—	Sep 2007	MDOEX vs WAEMX
LCSMX	Martin Currie SMA-Shares Series EM Fund	Emerging Markets Equities	84	37.97%	—	Jan 2018	MDOEX vs LCSMX
TEQLX	TIAA-CREF Emerging Markets Equity Index Fund	Emerging Markets Equities	58	18.66%	—	Aug 2010	MDOEX vs TEQLX
CEMFX	Cullen Emerging Markets High Dividend Fund	Emerging Markets Equities	79	20.10%	—	Aug 2012	MDOEX vs CEMFX
EITEX	Parametric Tax-Managed Emerging Markets Fund	Emerging Markets Equities	59	9.39%	—	Jun 1998	MDOEX vs EITEX
GLLSX	abrdn Emerging Markets ex-China Fund	Emerging Markets Equities	82	31.84%	—	Aug 2000	MDOEX vs GLLSX
BEMIX	Brandes Emerging Markets Fund	Emerging Markets Equities	90	22.30%	—	Jan 2011	MDOEX vs BEMIX
EFEIX	Ashmore Emerging Markets Frontier Equity Fund	Emerging Markets Equities	22	4.09%	—	Nov 2013	MDOEX vs EFEIX
FCEEX	Franklin Emerging Market Core Equity (IU) Fund Adv...	Emerging Markets Equities	65	19.99%	—	Jul 2019	MDOEX vs FCEEX
EAEMX	Parametric Emerging Markets Fund	Emerging Markets Equities	58	9.31%	—	Jun 2006	MDOEX vs EAEMX
DODEX	Dodge & Cox Emerging Markets Stock Fund	Emerging Markets Equities	90	21.50%	—	May 2021	MDOEX vs DODEX
VIESX	Virtus KAR Emerging Markets Small-Cap Fund	Emerging Markets Equities	6	2.32%	—	Dec 2013	MDOEX vs VIESX
LVAZX	LSV Emerging Markets Equity Fund	Emerging Markets Equities	88	25.74%	—	Jan 2019	MDOEX vs LVAZX
PDEZX	PGIM Jennison Emerging Markets Equity Opportunitie...	Emerging Markets Equities	16	11.29%	—	Sep 2014	MDOEX vs PDEZX

Compare MDOEX with Any Fund or Stock

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

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Diversifiers

Pair MDOEX with funds that move differently

Morgan Stanley Developing Opportunity Portfolio alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to MDOEX.

Explore MDOEX Diversifiers

Morgan Stanley Developing Opportunity Portfolio (MDOEX) Alternatives