Morgan Stanley Emerging Markets Equity Portfolio (MEMEX) 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 MEMEX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to MEMEX
MEMEX charges 1.25% annually. There are 124 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 | MEMEX vs FPADX | |
| Fidelity SAI Emerging Markets Index Fund | 0.08% | — | Jan 2016 | MEMEX vs FERGX | |
| Franklin Emerging Market Core Equity (IU) Fund Adv... | 0.17% | — | Jul 2019 | MEMEX vs FCEEX | |
| State Street Emerging Markets Equity Index Fund | 0.17% | — | Dec 2015 | MEMEX vs SSKEX | |
| TIAA-CREF Emerging Markets Equity Index Fund | 0.19% | — | Aug 2010 | MEMEX vs TEQLX |
Best Risk-Adjusted Alternatives to MEMEX
MEMEX has a PortfoliosLab risk / return rank of 89. There are 61 mutual funds in the Emerging Markets Diversified category with higher risk-adjusted ranks, going as high as 98.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Delaware Emerging Markets Fund | 98 | — | Jun 1996 | MEMEX vs DEMIX | |
| Franklin Templeton SMACS: Series EM | 98 | — | Nov 2021 | MEMEX vs FQEMX | |
| Martin Currie SMA-Shares Series EM Fund | 97 | — | Jan 2018 | MEMEX vs LCSMX | |
| GMO Emerging Markets ex-China Fund | 96 | — | Oct 2021 | MEMEX vs GMAQX | |
| LSV Emerging Markets Equity Fund | 96 | — | Jan 2019 | MEMEX vs LVAZX |
Top Performing MEMEX Alternatives (YTD)
MEMEX is at 35.46% YTD. There are 31 mutual funds in the Emerging Markets Diversified category with higher YTD returns, going as high as 145.11%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Delaware Emerging Markets Fund | 145.11% | — | Jun 1996 | MEMEX vs DEMIX | |
| Franklin Templeton SMACS: Series EM | 92.59% | — | Nov 2021 | MEMEX vs FQEMX | |
| Martin Currie SMA-Shares Series EM Fund | 72.12% | — | Jan 2018 | MEMEX vs LCSMX | |
| GMO Emerging Markets ex-China Fund | 53.39% | — | Oct 2021 | MEMEX vs GMAQX | |
| abrdn Emerging Markets ex-China Fund | 49.19% | — | Aug 2000 | MEMEX vs GLLSX |
Lowest Volatility Alternatives to MEMEX
MEMEX has 21.80% 1-year volatility. There are 137 mutual funds in the Emerging Markets Diversified category with lower 1-year volatility, going as low as 11.24%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Ashmore Emerging Markets Small Cap Equity Fund | 11.24% | — | Oct 2011 | MEMEX vs ESCIX | |
| Virtus KAR Emerging Markets Small-Cap Fund | 11.47% | — | Dec 2013 | MEMEX vs VIESX | |
| GQG Partners Emerging Markets Equity Fund | 11.51% | — | Dec 2016 | MEMEX vs GQGPX | |
| BlackRock Defensive Advantage Emerging Markets Fun... | 11.61% | — | Dec 2020 | MEMEX vs BADEX | |
| The Cook & Bynum Fund | 11.91% | — | Jun 2009 | MEMEX vs COBYX |
Lowest Drawdown Alternatives to MEMEX
MEMEX has a 1-year max drawdown of -14.99%. There are 153 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 | MEMEX vs ESCIX | |
| Wasatch Emerging Markets Small Cap Fund | -7.89% | — | Sep 2007 | MEMEX vs WAEMX | |
| BlackRock Defensive Advantage Emerging Markets Fun... | -8.89% | — | Dec 2020 | MEMEX vs BADEX | |
| The Cook & Bynum Fund | -8.95% | — | Jun 2009 | MEMEX vs COBYX | |
| GQG Partners Emerging Markets Equity Fund | -9.12% | — | Dec 2016 | MEMEX 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 | -7.94% | — | Apr 1991 | MEMEX vs MSEQX | |
| Morgan Stanley Institutional Fund Trust Discovery ... | Mid Cap Growth Equities | 2 | -1.69% | — | Mar 1990 | MEMEX vs MACGX | |
| Morgan Stanley Insight A | Large Cap Growth Equities | 4 | -3.37% | — | Jan 2002 | MEMEX vs CPOAX | |
| Morgan Stanley Emerging Markets Domestic Fund | Emerging Markets Bonds | 22 | 7.76% | — | Apr 2007 | MEMEX vs EDD | |
| Morgan Stanley Institutional Fund Trust Discovery ... | Mid Cap Growth Equities | 2 | -1.63% | — | Mar 1990 | MEMEX vs MPEGX | |
| Morgan Stanley Growth Portfolio | Large Cap Growth Equities | 3 | -8.40% | — | Apr 2017 | MEMEX vs MEGIX | |
| Morgan Stanley Insight Fund | Large Cap Growth Equities | 4 | -3.24% | — | Jul 1997 | MEMEX vs CPODX | |
| Morgan Stanley Global Fixed Income Opportunities F... | Multisector Bonds | — | — | — | Jul 1997 | MEMEX vs DINDX | |
| Morgan Stanley Institutional Fund Trust Ultra-Shor... | Ultrashort Bond | 99 | 1.47% | — | Apr 2016 | MEMEX vs MUIIX | |
| Morgan Stanley Institutional Growth Portfolio | Large Cap Growth Equities | 3 | -8.03% | — | Apr 1991 | MEMEX vs MSEGX |
Often Compared With MEMEX
Investors most often compare MEMEX with HFQAX, ASTS, MGKQX. These 16 comparison targets span 3 categories, based on PortfoliosLab usage data.
Compare MEMEX with Any Fund or Stock
Compare MEMEX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair MEMEX with funds that move differently
Morgan Stanley Emerging Markets Equity Portfolio alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to MEMEX.
Explore MEMEX Diversifiers