Invesco Developing Markets Fund Class R6 (ODVIX) 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 ODVIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to ODVIX
ODVIX charges 0.88% annually. There are 14 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 | ODVIX vs FEMSX | |
| Fidelity Series Emerging Markets Fund | 0.01% | — | Aug 2018 | ODVIX vs FHKFX | |
| Vanguard Emerging Markets Index Fund Institutional... | 0.08% | 162.80B | Dec 2010 | ODVIX vs VEMRX | |
| Vanguard Emerging Markets Stock Index Fund Institu... | 0.10% | — | Jun 2000 | ODVIX vs VEMIX | |
| Vanguard Emerging Markets Stock Index Fund Admiral... | 0.13% | 162.80B | Jun 2006 | ODVIX vs VEMAX |
Best Risk-Adjusted Alternatives to ODVIX
ODVIX has a PortfoliosLab risk / return rank of 66. There are 24 mutual funds in the Emerging Markets Equities category with higher risk-adjusted ranks, going as high as 95.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Nomura Emerging Markets Fund Class A | 95 | — | Jun 1996 | ODVIX vs DEMAX | |
| Nomura Emerging Markets Fund Class C | 95 | — | Jun 1996 | ODVIX vs DEMCX | |
| William Blair Emerging Markets ex China Growth Fun... | 92 | — | Jul 2022 | ODVIX vs WXCIX | |
| Fidelity Advisor Focused Emerging Markets Fund Cla... | 87 | — | Aug 2013 | ODVIX vs FZAEX | |
| Fidelity Advisor Focused Emerging Markets Fund Cla... | 87 | — | Mar 2004 | ODVIX vs FIMKX |
Top Performing ODVIX Alternatives (YTD)
ODVIX is at 16.13% YTD. There are 26 mutual funds in the Emerging Markets Equities category with higher YTD returns, going as high as 105.25%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Nomura Emerging Markets Fund Class A | 105.25% | — | Jun 1996 | ODVIX vs DEMAX | |
| Nomura Emerging Markets Fund Class C | 104.45% | — | Jun 1996 | ODVIX vs DEMCX | |
| William Blair Emerging Markets ex China Growth Fun... | 46.00% | — | Jul 2022 | ODVIX vs WXCIX | |
| Calamos Evolving World Growth Fund Class I | 35.58% | — | — | ODVIX vs CNWIX | |
| Templeton Emerging Markets Fund | 31.29% | — | Feb 1987 | ODVIX vs EMF |
Lowest Volatility Alternatives to ODVIX
ODVIX has 18.92% 1-year volatility. There are 18 mutual funds in the Emerging Markets Equities category with lower 1-year volatility, going as low as 11.26%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity SAI Emerging Markets Low Volatility Index... | 11.26% | — | Jan 2019 | ODVIX vs FGKPX | |
| GQG Partners Emerging Markets Equity Fund Institut... | 11.45% | — | — | ODVIX vs GQGIX | |
| Seafarer Overseas Value Fund Institutional Class | 13.24% | — | May 2016 | ODVIX vs SIVLX | |
| Schwab Fundamental Emerging Markets Equity Index F... | 14.14% | — | Jan 2008 | ODVIX vs SFENX | |
| Fidelity Advisor Emerging Markets Discovery Fund C... | 14.52% | — | Nov 2011 | ODVIX vs FEDTX |
Lowest Drawdown Alternatives to ODVIX
ODVIX has a 1-year max drawdown of -12.05%. There are 15 mutual funds in the Emerging Markets Equities category with shallower 1-year drawdowns, going as shallow as -6.93%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity SAI Emerging Markets Low Volatility Index... | -6.93% | — | Jan 2019 | ODVIX vs FGKPX | |
| GQG Partners Emerging Markets Equity Fund Institut... | -9.11% | — | — | ODVIX vs GQGIX | |
| Schwab Fundamental Emerging Markets Equity Index F... | -9.45% | — | Jan 2008 | ODVIX vs SFENX | |
| Fidelity Emerging Markets Discovery Fund | -9.54% | — | Nov 2011 | ODVIX vs FEDDX | |
| Fidelity Advisor Emerging Markets Discovery Fund C... | -9.55% | — | Oct 2018 | ODVIX vs FIQGX |
Other Mutual Funds from Invesco
The 10 most viewed Invesco mutual funds shown here include IVNQX, VADAX, VAFAX and span 9 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Invesco Nasdaq 100 Index Fund | Large Cap Growth Equities | 59 | 18.33% | — | Oct 2020 | ODVIX vs IVNQX | |
| Invesco Equally-Weighted S&P 500 Fund Class A | Large Cap Blend Equities | 44 | 12.58% | — | — | ODVIX vs VADAX | |
| Invesco American Franchise Fund Class A | Large Cap Growth Equities | 12 | 8.27% | — | Jun 2005 | ODVIX vs VAFAX | |
| Invesco Gold & Special Minerals Fund | Gold, Precious Metals | 25 | -10.19% | — | Jul 1983 | ODVIX vs OPGSX | |
| Invesco Value Opportunities Fund | Mid Cap Value Equities | 80 | 20.03% | — | Jun 2001 | ODVIX vs VVOAX | |
| Invesco Comstock Fund | Large Cap Value Equities | 68 | 12.28% | — | Oct 1968 | ODVIX vs ACSTX | |
| Invesco Main Street Fund | Large Cap Blend Equities | 35 | 7.85% | — | Feb 1988 | ODVIX vs MSIGX | |
| Invesco Small Cap Value Fund | Small Cap Value Equities | 79 | 27.70% | — | Jun 1999 | ODVIX vs VSCAX | |
| Invesco Equity and Income Fund | Diversified Portfolio | 66 | 7.57% | — | Aug 1960 | ODVIX vs ACEIX | |
| Invesco Global Fund | Global Equities | 19 | 8.22% | — | Dec 1969 | ODVIX vs OPPAX |
Often Compared With ODVIX
Investors most often compare ODVIX with VOO, RERGX, FSGGX. These 19 comparison targets span 11 categories, based on PortfoliosLab usage data.
Compare ODVIX with Any Fund or Stock
Compare ODVIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair ODVIX with funds that move differently
Invesco Developing Markets Fund Class R6 alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to ODVIX.
Explore ODVIX Diversifiers