PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF (MFEM) Alternatives

PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF (MFEM) belongs to the Emerging Markets Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with MFEM. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.

Cheapest Alternatives to MFEM

MFEM charges 0.49% annually. Among ETFs in the Emerging Markets Equities category, these options have the lowest expense ratios among MFEM alternatives.

Symbol	Name	Expense Ratio	Inception
VEXC	Vanguard Emerging Markets Ex-China ETF	0.07%	Sep 30, 2025	MFEM vs VEXC
VWO	Vanguard FTSE Emerging Markets ETF	0.08%	Mar 4, 2005	MFEM vs VWO
SPEM	SPDR Portfolio Emerging Markets ETF	0.11%	Mar 19, 2007	MFEM vs SPEM
SCHE	Schwab Emerging Markets Equity ETF	0.11%	Jan 14, 2010	MFEM vs SCHE
EMCR	Xtrackers Emerging Markets Carbon Reduction and Cl...	0.15%	Dec 6, 2018	MFEM vs EMCR

Best Risk-Adjusted Alternatives to MFEM

Among ETFs in the Emerging Markets Equities category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.

Symbol	Name	Risk / Return Rank	Inception
EMIF	iShares Emerging Markets Infrastructure ETF	95	Jun 16, 2009	MFEM vs EMIF
EMXC	iShares MSCI Emerging Markets ex China ETF	94	Jul 19, 2017	MFEM vs EMXC
ECOW	Pacer Emerging Markets Cash Cows 100 ETF	93	May 2, 2019	MFEM vs ECOW
ROAM	Hartford Multifactor Emerging Markets ETF	93	Feb 26, 2015	MFEM vs ROAM
SDEM	Global X MSCI SuperDividend Emerging Markets ETF	93	Mar 17, 2015	MFEM vs SDEM

Top Performing MFEM Alternatives (YTD)

MFEM alternatives from the Emerging Markets Equities category, sorted by year-to-date return.

Symbol	Name	YTD Return	Inception
TUR	iShares MSCI Turkey ETF	12.29%	Mar 26, 2008	MFEM vs TUR
DVYE	iShares Emerging Markets Dividend ETF	10.67%	Feb 23, 2012	MFEM vs DVYE
PIE	Invesco DWA Emerging Markets Momentum ETF	10.23%	Dec 28, 2007	MFEM vs PIE
FEM	First Trust Emerging Markets AlphaDEX Fund	9.64%	Apr 18, 2011	MFEM vs FEM
ECOW	Pacer Emerging Markets Cash Cows 100 ETF	9.29%	May 2, 2019	MFEM vs ECOW

Lowest Volatility Alternatives to MFEM

MFEM alternatives from the Emerging Markets Equities category, sorted by annualized volatility over the past year.

Symbol	Name	Volatility 1Y	Inception
EMDV	ProShares MSCI Emerging Markets Dividend Growers E...	11.95%	Jan 25, 2016	MFEM vs EMDV
QAT	iShares MSCI Qatar ETF	13.22%	Apr 29, 2014	MFEM vs QAT
EDIV	SPDR S&P Emerging Markets Dividend ETF	13.77%	Feb 23, 2011	MFEM vs EDIV
JPEM	J.P. Morgan Diversified Return Emerging Markets Eq...	14.07%	Jan 7, 2015	MFEM vs JPEM
DEM	WisdomTree Emerging Markets Equity Income Fund	15.04%	Jul 13, 2007	MFEM vs DEM

Lowest Drawdown Alternatives to MFEM

MFEM alternatives from the Emerging Markets Equities category, sorted by maximum drawdown over the past year.

Symbol	Name	Max Drawdown 1Y	Inception
EMDV	ProShares MSCI Emerging Markets Dividend Growers E...	-7.48%	Jan 25, 2016	MFEM vs EMDV
SDEM	Global X MSCI SuperDividend Emerging Markets ETF	-9.78%	Mar 17, 2015	MFEM vs SDEM
JPEM	J.P. Morgan Diversified Return Emerging Markets Eq...	-10.32%	Jan 7, 2015	MFEM vs JPEM
EDIV	SPDR S&P Emerging Markets Dividend ETF	-10.36%	Feb 23, 2011	MFEM vs EDIV
QEMM	SPDR MSCI Emerging Markets StrategicFactors ETF	-10.40%	Jun 4, 2014	MFEM vs QEMM

Other ETFs from PIMCO

Most popular PIMCO ETFs on PortfoliosLab, across asset classes.

Symbol	Name	Category	Risk / Return Rank	YTD Return	Inception
MINT	PIMCO Enhanced Short Maturity Active ETF	Ultrashort Bond	100	0.91%	Nov 16, 2009	MFEM vs MINT
PYLD	PIMCO ETF Trust - PIMCO Multisector Bond Active Ex...	Multisector Bonds	83	-0.92%	Jun 21, 2023	MFEM vs PYLD
BOND	PIMCO Active Bond ETF	Intermediate Core-Plus Bond, Actively Managed	60	-0.02%	Mar 1, 2012	MFEM vs BOND
ZROZ	PIMCO 25+ Year Zero Coupon US Treasury Index Fund	Government Bonds	7	-0.37%	Oct 30, 2009	MFEM vs ZROZ
HYS	PIMCO 0-5 Year High Yield Corporate Bond Index ETF	High Yield Bonds	79	-0.39%	Jun 16, 2011	MFEM vs HYS
LTPZ	PIMCO 15+ Year US TIPS Index ETF	Inflation-Protected Bonds	8	-1.39%	Sep 3, 2009	MFEM vs LTPZ
MUNI	PIMCO Intermediate Municipal Bond Active ETF	Municipal Bonds, Actively Managed	69	0.11%	Nov 30, 2009	MFEM vs MUNI
EMNT	PIMCO Enhanced Short Maturity Active ESG ETF	Ultrashort Bond	100	0.97%	Dec 10, 2019	MFEM vs EMNT
MFDX	PIMCO RAFI Dynamic Multi-Factor International Equi...	Foreign Large Cap Equities, Multi-factor	88	3.63%	Aug 31, 2017	MFEM vs MFDX
STPZ	PIMCO 1-5 Year US TIPS Index ETF	Inflation-Protected Bonds	85	0.83%	Aug 20, 2009	MFEM vs STPZ

Often Compared With MFEM

What investors most often compare with MFEM, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	Inception
ZPRV.DE	SPDR MSCI USA Small Cap Value Weighted UCITS ETF	Small Cap Value Equities	48	4.32%	Feb 18, 2015	MFEM vs ZPRV.DE
FLXE.L	Franklin Emerging Markets UCITS ETF	Emerging Markets Equities	84	5.39%	Oct 17, 2017	MFEM vs FLXE.L
FLXE.DE	Franklin Emerging Markets UCITS ETF	Emerging Markets Equities	69	4.80%	Oct 17, 2017	MFEM vs FLXE.DE
VOO	Vanguard S&P 500 ETF	S&P 500	65	-4.42%	Sep 7, 2010	MFEM vs VOO
PRF	Invesco RAFI US 1000 ETF	Large Cap Value Equities	74	1.70%	Dec 19, 2005	MFEM vs PRF
FNDE	Schwab Fundamental Emerging Markets Large Company ...	Emerging Markets Equities	85	6.10%	Aug 15, 2013	MFEM vs FNDE
JQUA	JPMorgan U.S. Quality Factor ETF	Large Cap Growth Equities	39	-2.67%	Nov 8, 2017	MFEM vs JQUA
VIIIX	Vanguard Institutional Index Fund Institutional Pl...	Large Cap Blend Equities	46	-7.06%	Jul 7, 1997	MFEM vs VIIIX
ECON	Columbia Emerging Markets Consumer ETF	Emerging Markets Equities	84	5.16%	Sep 14, 2010	MFEM vs ECON
FEMR	Fidelity Enhanced Emerging Markets ETF	Emerging Markets Diversified	84	5.18%	Nov 19, 2024	MFEM vs FEMR
AVEE	Avantis Emerging Markets Small Cap Equity ETF	Emerging Markets Diversified	74	1.69%	Nov 7, 2023	MFEM vs AVEE
AVES	Avantis Emerging Markets Value ETF	Emerging Markets Equities, Actively Managed	86	2.97%	Sep 28, 2021	MFEM vs AVES
TLTE	FlexShares Morningstar Emerging Markets Factor Til...	Foreign Large Cap Equities	86	5.25%	Sep 28, 2012	MFEM vs TLTE
QVML	Invesco S&P 500 QVM Multi-factor ETF	Multi-factor, S&P 500	54	-4.47%	Jun 30, 2021	MFEM vs QVML
QVMM	Invesco S&P MidCap 400 QVM Multi-factor ETF	Multi-factor	54	3.32%	Jun 30, 2021	MFEM vs QVMM
AVEM	Avantis Emerging Markets Equity ETF	Foreign Large Cap Equities	90	4.70%	Sep 17, 2019	MFEM vs AVEM
EEM	iShares MSCI Emerging Markets ETF	Emerging Markets Diversified	86	3.80%	Apr 11, 2003	MFEM vs EEM
MOOD	Relative Sentiment Tactical Allocation ETF	Tactical Allocation	93	6.71%	May 18, 2022	MFEM vs MOOD
FRDM	Freedom 100 Emerging Markets ETF	Emerging Markets Diversified	95	7.05%	May 22, 2019	MFEM vs FRDM
AAVM	Alpha Architect Global Factor Equity ETF	Multi-factor	84	6.19%	May 2, 2017	MFEM vs AAVM

Compare MFEM with Any Fund or Stock

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

Symbol name

PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF

Symbol name