MFS Emerging Markets Debt Fund (MEDIX) belongs to the Emerging Markets Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with MEDIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to MEDIX
MEDIX charges 0.81% annually. There are 25 mutual funds in the Emerging Markets Bonds category with lower expense ratios, going as low as 0.09%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Payden Emerging Markets Local Bond Fund | 0.09% | — | Nov 2011 | MEDIX vs PYELX | |
| Voya Emerging Markets Corporate Debt Fund | 0.10% | — | Aug 2012 | MEDIX vs IMCDX | |
| Vanguard Emerging Markets Bond Fund Admiral Shares | 0.35% | — | Dec 2017 | MEDIX vs VEGBX | |
| SEI Institutional Investments Trust Emerging Marke... | 0.41% | — | Dec 2005 | MEDIX vs SEDAX | |
| Vanguard Emerging Markets Bond Fund Investor Share... | 0.50% | 5.90B | Mar 2016 | MEDIX vs VEMBX |
Best Risk-Adjusted Alternatives to MEDIX
MEDIX has a PortfoliosLab risk / return rank of 79. There are 33 mutual funds in the Emerging Markets Bonds category with higher risk-adjusted ranks, going as high as 99.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| American Beacon Developing World Income Fund Class... | 99 | — | Feb 2014 | MEDIX vs AGEYX | |
| American Beacon Frontier Markets Income Fund | 99 | — | Feb 2014 | MEDIX vs AGEPX | |
| Eaton Vance Emerging Markets Debt Opportunities Fu... | 98 | — | Sep 2015 | MEDIX vs EIDOX | |
| Eaton Vance Emerging Markets Debt Opportunities Fu... | 98 | — | Feb 2013 | MEDIX vs EELDX | |
| Artisan Emerging Markets Debt Opportunities Fund | 98 | — | Apr 2022 | MEDIX vs APFOX |
Top Performing MEDIX Alternatives (YTD)
MEDIX is at 1.41% YTD. There are 52 mutual funds in the Emerging Markets Bonds category with higher YTD returns, going as high as 14.80%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Morgan Stanley Emerging Markets Domestic Fund | 14.80% | — | Apr 2007 | MEDIX vs EDD | |
| Virtus Stone Harbor Emerging Markets Income Fund | 13.38% | — | Dec 2010 | MEDIX vs EDF | |
| Franklin Emerging Market Debt Opportunities Fund | 8.72% | — | May 2006 | MEDIX vs FEMDX | |
| Eaton Vance Emerging Markets Debt Opportunities Fu... | 8.53% | — | Sep 2015 | MEDIX vs EIDOX | |
| Eaton Vance Emerging Markets Debt Opportunities Fu... | 8.44% | — | Feb 2013 | MEDIX vs EELDX |
Lowest Volatility Alternatives to MEDIX
MEDIX has 3.99% 1-year volatility. There are 16 mutual funds in the Emerging Markets Bonds category with lower 1-year volatility, going as low as 1.17%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| DoubleLine Low Duration Emerging Markets Fixed Inc... | 1.17% | — | Apr 2014 | MEDIX vs DBLLX | |
| DoubleLine Emerging Markets Fixed Income Fund Clas... | 1.98% | — | Apr 2010 | MEDIX vs DLENX | |
| Payden Emerging Markets Corporate Bond Fund | 2.05% | — | Nov 2013 | MEDIX vs PYCEX | |
| Virtus Stone Harbor Emerg Mkts Corp Dbt | 2.05% | — | May 2011 | MEDIX vs SHCDX | |
| DoubleLine Emerging Markets Fixed Income Fund | 2.12% | — | Apr 2010 | MEDIX vs DBLEX |
Lowest Drawdown Alternatives to MEDIX
MEDIX has a 1-year max drawdown of -4.12%. There are 32 mutual funds in the Emerging Markets Bonds category with shallower 1-year drawdowns, going as shallow as -0.92%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| DoubleLine Low Duration Emerging Markets Fixed Inc... | -0.92% | — | Apr 2014 | MEDIX vs DBLLX | |
| DoubleLine Emerging Markets Fixed Income Fund | -1.81% | — | Apr 2010 | MEDIX vs DBLEX | |
| DoubleLine Emerging Markets Fixed Income Fund Clas... | -1.83% | — | Apr 2010 | MEDIX vs DLENX | |
| Virtus Stone Harbor Emerg Mkts Corp Dbt | -1.90% | — | May 2011 | MEDIX vs SHCDX | |
| Payden Emerging Markets Corporate Bond Fund | -2.37% | — | Nov 2013 | MEDIX vs PYCEX |
Other Mutual Funds from MFS
The 10 most viewed MFS mutual funds shown here include MIEIX, MEIKX, MDIJX and span 4 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| MFS International Equity Fund Class R6 | Foreign Large Cap Equities | 40 | 8.67% | — | Jan 1996 | MEDIX vs MIEIX | |
| MFS Value Fund | Large Cap Value Equities | 70 | 10.58% | — | May 2006 | MEDIX vs MEIKX | |
| MFS International Diversification Fund | Foreign Large Cap Equities | 61 | 11.35% | — | Sep 2004 | MEDIX vs MDIJX | |
| MFS Value Fund Class I | Large Cap Value Equities | 69 | 10.50% | — | Feb 1996 | MEDIX vs MEIIX | |
| MFS Massachusetts Investors Growth Stock Fund | Large Cap Growth Equities | 6 | -1.78% | — | Jan 1935 | MEDIX vs MIGFX | |
| MFS Growth R6 | Large Cap Growth Equities | 7 | 0.75% | — | Jun 2012 | MEDIX vs MFEKX | |
| MFS Growth I | Large Cap Growth Equities | 7 | 0.70% | — | Jul 1997 | MEDIX vs MFEIX | |
| MFS International Intrinsic Value Fund Class I | Large Cap Growth Equities, Foreign Large Cap Equities | 51 | 9.12% | — | — | MEDIX vs MINIX | |
| MFS Value Fund | Large Cap Value Equities | 67 | 10.34% | — | Jan 1996 | MEDIX vs MEIAX | |
| MFS Massachusetts Investors Trust | Large Cap Blend Equities | 39 | 8.24% | — | Jul 1924 | MEDIX vs MITTX |
Often Compared With MEDIX
Investors most often compare MEDIX with TEDNX, JAAA, ICLO. These 20 comparison targets span 16 categories, based on PortfoliosLab usage data.
Compare MEDIX with Any Fund or Stock
Compare MEDIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair MEDIX with funds that move differently
MFS Emerging Markets Debt Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to MEDIX.
Explore MEDIX Diversifiers