Morgan Stanley Developing Opportunity Portfolio (MDOEX) 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 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 95 mutual funds in the Emerging Markets Diversified category with lower expense ratios, going as low as 0.08%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity Emerging Markets Index Fund | 0.08% | — | Sep 2011 | MDOEX vs FPADX | |
| Fidelity SAI Emerging Markets Index Fund | 0.08% | — | Jan 2016 | MDOEX vs FERGX | |
| Franklin Emerging Market Core Equity (IU) Fund Adv... | 0.17% | — | Jul 2019 | MDOEX vs FCEEX | |
| State Street Emerging Markets Equity Index Fund | 0.17% | — | Dec 2015 | MDOEX vs SSKEX | |
| UBS Emerging Markets Equity Opportunity Fund | 0.19% | — | May 2018 | MDOEX vs EMPTX |
Best Risk-Adjusted Alternatives to MDOEX
MDOEX has a PortfoliosLab risk / return rank of 7. There are 165 mutual funds in the Emerging Markets Diversified category with higher risk-adjusted ranks, going as high as 97.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Delaware Emerging Markets Fund | 97 | — | Jun 1996 | MDOEX vs DEMIX | |
| Franklin Templeton SMACS: Series EM | 96 | — | Nov 2021 | MDOEX vs FQEMX | |
| Martin Currie SMA-Shares Series EM Fund | 95 | — | Jan 2018 | MDOEX vs LCSMX | |
| GMO Emerging Markets ex-China Fund | 94 | — | Oct 2021 | MDOEX vs GMAQX | |
| LSV Emerging Markets Equity Fund | 93 | — | Jan 2019 | MDOEX vs LVAZX |
Top Performing MDOEX Alternatives (YTD)
MDOEX is at 11.78% YTD. There are 147 mutual funds in the Emerging Markets Diversified category with higher YTD returns, going as high as 125.98%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Delaware Emerging Markets Fund | 125.98% | — | Jun 1996 | MDOEX vs DEMIX | |
| Franklin Templeton SMACS: Series EM | 75.65% | — | Nov 2021 | MDOEX vs FQEMX | |
| Martin Currie SMA-Shares Series EM Fund | 57.98% | — | Jan 2018 | MDOEX vs LCSMX | |
| GMO Emerging Markets ex-China Fund | 44.54% | — | Oct 2021 | MDOEX vs GMAQX | |
| Invesco EQV Emerging Markets All Cap Fd | 40.89% | — | Jan 1994 | MDOEX vs GTDDX |
Lowest Volatility Alternatives to MDOEX
MDOEX has 24.58% 1-year volatility. There are 160 mutual funds in the Emerging Markets Diversified category with lower 1-year volatility, going as low as 11.19%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Ashmore Emerging Markets Small Cap Equity Fund | 11.19% | — | Oct 2011 | MDOEX vs ESCIX | |
| Virtus KAR Emerging Markets Small-Cap Fund | 11.54% | — | Dec 2013 | MDOEX vs VIESX | |
| GQG Partners Emerging Markets Equity Fund | 11.57% | — | Dec 2016 | MDOEX vs GQGPX | |
| The Cook & Bynum Fund | 11.91% | — | Jun 2009 | MDOEX vs COBYX | |
| BlackRock Defensive Advantage Emerging Markets Fun... | 12.07% | — | Dec 2020 | MDOEX vs BADEX |
Lowest Drawdown Alternatives to MDOEX
MDOEX has a 1-year max drawdown of -21.82%. There are 168 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 | |
|---|---|---|---|---|---|
| Ashmore Emerging Markets Small Cap Equity Fund | -5.70% | — | Oct 2011 | MDOEX vs ESCIX | |
| Wasatch Emerging Markets Small Cap Fund | -7.89% | — | Sep 2007 | MDOEX vs WAEMX | |
| BlackRock Defensive Advantage Emerging Markets Fun... | -8.89% | — | Dec 2020 | MDOEX vs BADEX | |
| The Cook & Bynum Fund | -8.95% | — | Jun 2009 | MDOEX vs COBYX | |
| GQG Partners Emerging Markets Equity Fund | -9.12% | — | Dec 2016 | MDOEX vs GQGPX |
Other Mutual Funds from Morgan Stanley
The 10 most viewed Morgan Stanley mutual funds shown here include MSEQX, MACGX, CPOAX and span 5 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Morgan Stanley Growth Portfolio Class I | Large Cap Growth Equities | 3 | -8.36% | — | Apr 1991 | MDOEX vs MSEQX | |
| Morgan Stanley Institutional Fund Trust Discovery ... | Mid Cap Growth Equities | 2 | -1.87% | — | Mar 1990 | MDOEX vs MACGX | |
| Morgan Stanley Insight A | Large Cap Growth Equities | 3 | -3.92% | — | Jan 2002 | MDOEX vs CPOAX | |
| Morgan Stanley Emerging Markets Domestic Fund | Emerging Markets Bonds | 23 | 8.70% | — | Apr 2007 | MDOEX vs EDD | |
| Morgan Stanley Institutional Fund Trust Discovery ... | Mid Cap Growth Equities | 2 | -1.79% | — | Mar 1990 | MDOEX vs MPEGX | |
| Morgan Stanley Growth Portfolio | Large Cap Growth Equities | 3 | -8.81% | — | Apr 2017 | MDOEX vs MEGIX | |
| Morgan Stanley Insight Fund | Large Cap Growth Equities | 3 | -3.80% | — | Jul 1997 | MDOEX vs CPODX | |
| Morgan Stanley Global Fixed Income Opportunities F... | Multisector Bonds | — | — | — | Jul 1997 | MDOEX vs DINDX | |
| Morgan Stanley Institutional Fund Trust Ultra-Shor... | Ultrashort Bond | 99 | 1.47% | — | Apr 2016 | MDOEX vs MUIIX | |
| Morgan Stanley Institutional Growth Portfolio | Large Cap Growth Equities | 3 | -8.48% | — | Apr 1991 | MDOEX vs MSEGX |
Often Compared With MDOEX
Investors most often compare MDOEX with SPY, HLFMX, DRESX. These 14 comparison targets span 3 categories, based on PortfoliosLab usage data.
Compare MDOEX with Any Fund or Stock
Compare MDOEX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
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