Northern Emerging Markets Equity Index Fund (NOEMX) 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 NOEMX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to NOEMX
NOEMX charges 0.22% annually. There are 11 mutual funds in the Emerging Markets Equities category with lower expense ratios, going as low as 0.01%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity Series Emerging Markets Opportunities Fun... | 0.01% | — | Dec 2008 | NOEMX vs FEMSX | |
| Fidelity Series Emerging Markets Fund | 0.01% | — | Aug 2018 | NOEMX vs FHKFX | |
| Vanguard Emerging Markets Stock Index Fund Institu... | 0.06% | — | Jun 2000 | NOEMX vs VEMIX | |
| Fidelity SAI Emerging Markets Index Fund | 0.08% | — | Jan 2016 | NOEMX vs FERGX | |
| Fidelity Emerging Markets Index Fund | 0.08% | — | Sep 2011 | NOEMX vs FPADX |
Best Risk-Adjusted Alternatives to NOEMX
NOEMX has a PortfoliosLab risk / return rank of 61. There are 121 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 | |
|---|---|---|---|---|---|
| Lazard Emerging Markets Equity Portfolio | 96 | — | Jul 1994 | NOEMX vs LZEMX | |
| Lazard Emerging Markets Equity Portfolio Class R6 | 96 | — | — | NOEMX vs RLEMX | |
| Ashmore Emerging Markets Small Cap Equity Fund | 96 | — | Oct 2011 | NOEMX vs ESCIX | |
| Delaware Emerging Markets Fund | 94 | — | Jun 1996 | NOEMX vs DEMIX | |
| Nomura Emerging Markets Fund Class A | 94 | — | Jun 1996 | NOEMX vs DEMAX |
Top Performing NOEMX Alternatives (YTD)
NOEMX is at 19.30% YTD. There are 107 mutual funds in the Emerging Markets Equities category with higher YTD returns, going as high as 79.82%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Delaware Emerging Markets Fund | 79.82% | — | Jun 1996 | NOEMX vs DEMIX | |
| Nomura Emerging Markets Fund Class A | 79.56% | — | Jun 1996 | NOEMX vs DEMAX | |
| Nomura Emerging Markets Fund Class C | 78.77% | — | Jun 1996 | NOEMX vs DEMCX | |
| Franklin Templeton SMACS: Series EM | 57.68% | — | Nov 2021 | NOEMX vs FQEMX | |
| GMO Emerging Markets ex-China Fund | 41.38% | — | Oct 2021 | NOEMX vs GMAQX |
Lowest Volatility Alternatives to NOEMX
NOEMX has 21.21% 1-year volatility. There are 91 mutual funds in the Emerging Markets Equities category with lower 1-year volatility, going as low as 9.90%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Goldman Sachs GQG Partners International Opportuni... | 9.90% | — | Dec 2016 | NOEMX vs GSIYX | |
| Ashmore Emerging Markets Small Cap Equity Fund | 10.04% | — | Oct 2011 | NOEMX vs ESCIX | |
| GQG Partners Emerging Markets Equity Fund | 11.51% | — | Dec 2016 | NOEMX vs GQGPX | |
| GQG Partners Emerging Markets Equity Fund Institut... | 11.53% | — | — | NOEMX vs GQGIX | |
| The Cook & Bynum Fund | 11.73% | — | Jun 2009 | NOEMX vs COBYX |
Lowest Drawdown Alternatives to NOEMX
NOEMX has a 1-year max drawdown of -14.01%. There are 112 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 | |
|---|---|---|---|---|---|
| Ashmore Emerging Markets Small Cap Equity Fund | -5.70% | — | Oct 2011 | NOEMX vs ESCIX | |
| Fidelity SAI Emerging Markets Low Volatility Index... | -6.93% | — | Jan 2019 | NOEMX vs FGKPX | |
| Goldman Sachs GQG Partners International Opportuni... | -7.81% | — | Dec 2016 | NOEMX vs GSIYX | |
| BlackRock Defensive Advantage Emerging Markets Fun... | -8.89% | — | Dec 2020 | NOEMX vs BADEX | |
| The Cook & Bynum Fund | -8.95% | — | Jun 2009 | NOEMX vs COBYX |
Other Mutual Funds from Northern Trust
The 10 most viewed Northern Trust mutual funds shown here include NOIEX, NOSIX, NHFIX and span 11 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Northern Income Equity Fund | Large Cap Value Equities, Dividend, Actively Managed | 80 | 14.01% | — | Apr 1994 | NOEMX vs NOIEX | |
| Northern Stock Index Fund | Large Cap Blend Equities | 65 | 11.75% | — | Oct 1996 | NOEMX vs NOSIX | |
| Northern High Yield Fixed Income Fund | High Yield Bonds | 80 | 2.34% | — | Dec 1998 | NOEMX vs NHFIX | |
| Northern Global Sustainability Index Fund | Global Equities | 63 | 11.60% | — | Mar 2008 | NOEMX vs NSRIX | |
| Northern Small Cap Value Fund | Small Cap Value Equities | 89 | 23.08% | — | Mar 1994 | NOEMX vs NOSGX | |
| Northern International Equity Index Fund | Foreign Large Cap Equities | 58 | 12.52% | — | Mar 2005 | NOEMX vs NOINX | |
| Northern Large Cap Core Fund | Large Cap Blend Equities | 76 | 12.09% | — | Dec 2005 | NOEMX vs NOLCX | |
| Northern Small Cap Core Fund | Small Cap Blend Equities | 85 | 22.59% | — | Sep 1999 | NOEMX vs NSGRX | |
| Northern Bond Index Fund | Intermediate Core Bond | 12 | -1.15% | — | Feb 2007 | NOEMX vs NOBOX | |
| Northern Mid Cap Index Fund | Mid Cap Blend Equities | 51 | 15.87% | — | Mar 2005 | NOEMX vs NOMIX |
Often Compared With NOEMX
Investors most often compare NOEMX with EICOX, EEM, VFSAX. These 20 comparison targets span 4 categories, based on PortfoliosLab usage data.
Compare NOEMX with Any Fund or Stock
Compare NOEMX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair NOEMX with funds that move differently
Northern Emerging Markets Equity Index Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to NOEMX.
Explore NOEMX Diversifiers