MGEMX Alternatives & Similar Mutual Funds

Morgan Stanley Institutional Fund, Inc. Emerging Markets Portfolio (MGEMX) 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 MGEMX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to MGEMX

MGEMX charges 1.05% annually. There are 91 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	MGEMX vs FEMSX
FHKFX	Fidelity Series Emerging Markets Fund	0.01%	—	Aug 2018	MGEMX vs FHKFX
VEMIX	Vanguard Emerging Markets Stock Index Fund Institu...	0.06%	—	Jun 2000	MGEMX vs VEMIX
FPADX	Fidelity Emerging Markets Index Fund	0.08%	—	Sep 2011	MGEMX vs FPADX
FERGX	Fidelity SAI Emerging Markets Index Fund	0.08%	—	Jan 2016	MGEMX vs FERGX

Best Risk-Adjusted Alternatives to MGEMX

MGEMX has a PortfoliosLab risk / return rank of 1. There are 212 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	—	—	MGEMX vs RLEMX
LZEMX	Lazard Emerging Markets Equity Portfolio	95	—	Jul 1994	MGEMX vs LZEMX
DEMIX	Delaware Emerging Markets Fund	92	—	Jun 1996	MGEMX vs DEMIX
DEMAX	Nomura Emerging Markets Fund Class A	92	—	Jun 1996	MGEMX vs DEMAX
DEMCX	Nomura Emerging Markets Fund Class C	92	—	Jun 1996	MGEMX vs DEMCX

Top Performing MGEMX Alternatives (YTD)

MGEMX is at 23.22% YTD. There are 33 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	MGEMX vs DEMIX
DEMAX	Nomura Emerging Markets Fund Class A	77.19%	—	Jun 1996	MGEMX vs DEMAX
DEMCX	Nomura Emerging Markets Fund Class C	76.42%	—	Jun 1996	MGEMX vs DEMCX
FQEMX	Franklin Templeton SMACS: Series EM	55.40%	—	Nov 2021	MGEMX vs FQEMX
GMAQX	GMO Emerging Markets ex-China Fund	40.55%	—	Oct 2021	MGEMX vs GMAQX

Lowest Volatility Alternatives to MGEMX

MGEMX has 57.30% 1-year volatility. There are 212 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	MGEMX vs GSIYX
ESCIX	Ashmore Emerging Markets Small Cap Equity Fund	10.28%	—	Oct 2011	MGEMX vs ESCIX
GQGPX	GQG Partners Emerging Markets Equity Fund	11.51%	—	Dec 2016	MGEMX vs GQGPX
GQGIX	GQG Partners Emerging Markets Equity Fund Institut...	11.53%	—	—	MGEMX vs GQGIX
FGKPX	Fidelity SAI Emerging Markets Low Volatility Index...	11.80%	—	Jan 2019	MGEMX vs FGKPX

Lowest Drawdown Alternatives to MGEMX

MGEMX has a 1-year max drawdown of -52.50%. There are 212 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	MGEMX vs ESCIX
FGKPX	Fidelity SAI Emerging Markets Low Volatility Index...	-6.93%	—	Jan 2019	MGEMX vs FGKPX
GSIYX	Goldman Sachs GQG Partners International Opportuni...	-7.81%	—	Dec 2016	MGEMX vs GSIYX
BADEX	BlackRock Defensive Advantage Emerging Markets Fun...	-8.89%	—	Dec 2020	MGEMX vs BADEX
COBYX	The Cook & Bynum Fund	-8.95%	—	Jun 2009	MGEMX vs COBYX

Other Mutual Funds from T. Rowe Price

The 10 most viewed T. Rowe Price mutual funds shown here include TRBCX, PRWCX, PRDGX and span 6 categories.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
TRBCX	T. Rowe Price Blue Chip Growth Fund	Large Cap Growth Equities	7	-1.84%	—	Jun 1993	MGEMX vs TRBCX
PRWCX	T. Rowe Price Capital Appreciation Fund	Diversified Portfolio	40	6.66%	—	Jun 1986	MGEMX vs PRWCX
PRDGX	T. Rowe Price Dividend Growth Fund, Inc.	Large Cap Blend Equities, Dividend	75	10.76%	—	Dec 1992	MGEMX vs PRDGX
PRCOX	T. Rowe Price U.S. Equity Research Fund	Large Cap Blend Equities	51	9.93%	—	Nov 1994	MGEMX vs PRCOX
TBCIX	T. Rowe Price Blue Chip Growth Fund I Class	Large Cap Growth Equities	7	-1.76%	—	—	MGEMX vs TBCIX
PREIX	T. Rowe Price Equity Index 500 Fund	Large Cap Blend Equities	57	10.00%	—	Mar 1990	MGEMX vs PREIX
PRWAX	T. Rowe Price All-Cap Opportunities Fund	Large Cap Growth Equities	10	-0.23%	—	Sep 1985	MGEMX vs PRWAX
TRLGX	T. Rowe Price Large-Cap Growth Fund	Large Cap Growth Equities	10	0.84%	—	Oct 2001	MGEMX vs TRLGX
PRSCX	T. Rowe Price Science And Technology Fund	Technology Equities	35	19.88%	—	Sep 1987	MGEMX vs PRSCX
TRRJX	T. Rowe Price Retirement 2035 Fund	Target Retirement Date	32	8.73%	—	Feb 2004	MGEMX vs TRRJX

Often Compared With MGEMX

Investors most often compare MGEMX with SEMGX, DRESX, HLFMX. These 20 comparison targets span 2 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
SEMGX	DWS Emerging Markets Equity Fund	Emerging Markets Equities	56	21.67%	—	May 1996	MGEMX vs SEMGX
DRESX	Driehaus Emerging Markets Small Cap Growth Fund	Emerging Markets Equities	22	4.11%	—	Aug 2011	MGEMX vs DRESX
HLFMX	Harding Loevner Frontier Emerging Markets Fund	Emerging Markets Equities	25	5.94%	—	May 2008	MGEMX vs HLFMX
LCSMX	Martin Currie SMA-Shares Series EM Fund	Emerging Markets Equities	84	37.97%	—	Jan 2018	MGEMX vs LCSMX
TEQLX	TIAA-CREF Emerging Markets Equity Index Fund	Emerging Markets Equities	58	18.66%	—	Aug 2010	MGEMX vs TEQLX
EMPTX	UBS Emerging Markets Equity Opportunity Fund	Emerging Markets Equities	81	21.29%	—	May 2018	MGEMX vs EMPTX
CEMFX	Cullen Emerging Markets High Dividend Fund	Emerging Markets Equities	79	20.10%	—	Aug 2012	MGEMX vs CEMFX
PRNHX	T. Rowe Price New Horizons Fund	Mid Cap Growth Equities	24	10.06%	—	Jun 1960	MGEMX vs PRNHX
EAEMX	Parametric Emerging Markets Fund	Emerging Markets Equities	58	9.31%	—	Jun 2006	MGEMX vs EAEMX
EITEX	Parametric Tax-Managed Emerging Markets Fund	Emerging Markets Equities	59	9.39%	—	Jun 1998	MGEMX vs EITEX
PDEZX	PGIM Jennison Emerging Markets Equity Opportunitie...	Emerging Markets Equities	16	11.29%	—	Sep 2014	MGEMX vs PDEZX
BEMIX	Brandes Emerging Markets Fund	Emerging Markets Equities	90	22.30%	—	Jan 2011	MGEMX vs BEMIX
FCEEX	Franklin Emerging Market Core Equity (IU) Fund Adv...	Emerging Markets Equities	65	19.99%	—	Jul 2019	MGEMX vs FCEEX
GLLSX	abrdn Emerging Markets ex-China Fund	Emerging Markets Equities	82	31.84%	—	Aug 2000	MGEMX vs GLLSX
EFEIX	Ashmore Emerging Markets Frontier Equity Fund	Emerging Markets Equities	22	4.09%	—	Nov 2013	MGEMX vs EFEIX
DODEX	Dodge & Cox Emerging Markets Stock Fund	Emerging Markets Equities	90	21.50%	—	May 2021	MGEMX vs DODEX
WAEMX	Wasatch Emerging Markets Small Cap Fund	Emerging Markets Equities	34	13.53%	—	Sep 2007	MGEMX vs WAEMX
VIESX	Virtus KAR Emerging Markets Small-Cap Fund	Emerging Markets Equities	6	2.32%	—	Dec 2013	MGEMX vs VIESX
LVAZX	LSV Emerging Markets Equity Fund	Emerging Markets Equities	88	25.74%	—	Jan 2019	MGEMX vs LVAZX
SSKEX	State Street Emerging Markets Equity Index Fund	Emerging Markets Equities	73	21.11%	—	Dec 2015	MGEMX vs SSKEX

Compare MGEMX with Any Fund or Stock

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

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Diversifiers

Pair MGEMX with funds that move differently

Morgan Stanley Institutional Fund, Inc. Emerging Markets Portfolio alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to MGEMX.

Explore MGEMX Diversifiers

Morgan Stanley Institutional Fund, Inc. Emerging Markets Portfolio (MGEMX) Alternatives