Northern Emerging Markets Equity Index Fund (NOEMX) Alternatives

Northern Emerging Markets Equity Index Fund (NOEMX) 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 NOEMX. 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 NOEMX

NOEMX charges 0.22% annually. Among mutual funds in the Emerging Markets Diversified category, these options have the lowest expense ratios among NOEMX alternatives.

Symbol	Name	Expense Ratio	Inception
FERGX	Fidelity SAI Emerging Markets Index Fund	0.08%	Jan 4, 2016	NOEMX vs FERGX
FPADX	Fidelity Emerging Markets Index Fund	0.08%	Sep 8, 2011	NOEMX vs FPADX
FCEEX	Franklin Emerging Market Core Equity (IU) Fund Adv...	0.17%	Jul 31, 2019	NOEMX vs FCEEX
SSKEX	State Street Emerging Markets Equity Index Fund	0.17%	Dec 17, 2015	NOEMX vs SSKEX
EMPTX	UBS Emerging Markets Equity Opportunity Fund	0.19%	May 30, 2018	NOEMX vs EMPTX

Best Risk-Adjusted Alternatives to NOEMX

Among mutual funds in the Emerging Markets Diversified 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
DEMIX	Delaware Emerging Markets Fund	97	Jun 9, 1996	NOEMX vs DEMIX
LCSMX	Martin Currie SMA-Shares Series EM Fund	96	Jan 9, 2018	NOEMX vs LCSMX
LZEMX	Lazard Emerging Markets Equity Portfolio	96	Jul 14, 1994	NOEMX vs LZEMX
BEMIX	Brandes Emerging Markets Fund	96	Jan 30, 2011	NOEMX vs BEMIX
FQEMX	Franklin Templeton SMACS: Series EM	95	Nov 21, 2021	NOEMX vs FQEMX

Top Performing NOEMX Alternatives (YTD)

NOEMX alternatives from the Emerging Markets Diversified category, sorted by year-to-date return.

Symbol	Name	YTD Return	Inception
DEMIX	Delaware Emerging Markets Fund	13.36%	Jun 9, 1996	NOEMX vs DEMIX
LCSMX	Martin Currie SMA-Shares Series EM Fund	9.17%	Jan 9, 2018	NOEMX vs LCSMX
ESCIX	Ashmore Emerging Markets Small Cap Equity Fund	8.91%	Oct 3, 2011	NOEMX vs ESCIX
FQEMX	Franklin Templeton SMACS: Series EM	8.67%	Nov 21, 2021	NOEMX vs FQEMX
CEMFX	Cullen Emerging Markets High Dividend Fund	6.79%	Aug 30, 2012	NOEMX vs CEMFX

Lowest Volatility Alternatives to NOEMX

NOEMX alternatives from the Emerging Markets Diversified category, sorted by annualized volatility over the past year.

Symbol	Name	Volatility 1Y	Inception
BADEX	BlackRock Defensive Advantage Emerging Markets Fun...	10.20%	Dec 20, 2020	NOEMX vs BADEX
HLFMX	Harding Loevner Frontier Emerging Markets Fund	11.89%	May 26, 2008	NOEMX vs HLFMX
EAEMX	Parametric Emerging Markets Fund	12.06%	Jun 29, 2006	NOEMX vs EAEMX
EITEX	Parametric Tax-Managed Emerging Markets Fund	12.26%	Jun 29, 1998	NOEMX vs EITEX
EFEIX	Ashmore Emerging Markets Frontier Equity Fund	12.26%	Nov 3, 2013	NOEMX vs EFEIX

Lowest Drawdown Alternatives to NOEMX

NOEMX alternatives from the Emerging Markets Diversified category, sorted by maximum drawdown over the past year.

Symbol	Name	Max Drawdown 1Y	Inception
BADEX	BlackRock Defensive Advantage Emerging Markets Fun...	-8.89%	Dec 20, 2020	NOEMX vs BADEX
COBYX	The Cook & Bynum Fund	-8.95%	Jun 30, 2009	NOEMX vs COBYX
GQGPX	GQG Partners Emerging Markets Equity Fund	-9.12%	Dec 27, 2016	NOEMX vs GQGPX
WAEMX	Wasatch Emerging Markets Small Cap Fund	-9.38%	Sep 30, 2007	NOEMX vs WAEMX
EITEX	Parametric Tax-Managed Emerging Markets Fund	-9.88%	Jun 29, 1998	NOEMX vs EITEX

Other Mutual Funds from Northern Funds

Most popular Northern Funds mutual funds on PortfoliosLab, across asset classes.

Symbol	Name	Category	Risk / Return Rank	YTD Return	Inception
NOIEX	Northern Income Equity Fund	Large Cap Value Equities	50	-4.59%	Mar 31, 1994	NOEMX vs NOIEX
NOSIX	Northern Stock Index Fund	Large Cap Blend Equities	40	-7.06%	Oct 7, 1996	NOEMX vs NOSIX
NOINX	Northern International Equity Index Fund	Foreign Large Cap Equities	59	-1.88%	Mar 22, 2005	NOEMX vs NOINX
NSRIX	Northern Global Sustainability Index Fund	Global Equities	52	-7.28%	Mar 4, 2008	NOEMX vs NSRIX
NOSGX	Northern Small Cap Value Fund	Small Cap Value Equities	49	2.19%	Mar 31, 1994	NOEMX vs NOSGX
NSGRX	Northern Small Cap Core Fund	Small Cap Blend Equities	40	-0.95%	Sep 30, 1999	NOEMX vs NSGRX
NOLCX	Northern Large Cap Core Fund	Large Cap Blend Equities	58	-6.06%	Dec 16, 2005	NOEMX vs NOLCX
NHFIX	Northern High Yield Fixed Income Fund	High Yield Bonds	82	-0.85%	Dec 31, 1998	NOEMX vs NHFIX
NOBOX	Northern Bond Index Fund	Intermediate Core Bond	51	-0.24%	Feb 27, 2007	NOEMX vs NOBOX
NTAUX	Northern Tax-Advantaged U-S Fixed Income	Ultrashort Bond	97	0.57%	Jun 18, 2009	NOEMX vs NTAUX

Often Compared With NOEMX

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

Symbol	Name	Category	Risk / Return Rank	YTD Return	Inception
EEM	iShares MSCI Emerging Markets ETF	Emerging Markets Diversified	86	3.80%	Apr 11, 2003	NOEMX vs EEM
EICOX	Eaton Vance Emerging and Frontier Countries Equity...	Emerging Markets Diversified	78	0.16%	Nov 2, 2014	NOEMX vs EICOX
VFSAX	Vanguard FTSE All-World ex-US Small-Cap Index Fund...	Foreign Small & Mid Cap Equities	85	-1.10%	Feb 7, 2019	NOEMX vs VFSAX
GLLSX	abrdn Emerging Markets ex-China Fund	Emerging Markets Diversified	95	5.47%	Aug 29, 2000	NOEMX vs GLLSX
NOCBX	Northern Core Bond Fund	Intermediate Core Bond	55	-0.20%	Mar 29, 2001	NOEMX vs NOCBX
TEMZX	Templeton Emerging Markets Small Cap Fund	Emerging Markets Diversified	28	-2.70%	Oct 1, 2006	NOEMX vs TEMZX

Compare NOEMX with Any Fund or Stock

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

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Northern Emerging Markets Equity Index Fund

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