ODVYX Alternatives & Similar Mutual Funds

Invesco Developing Markets Fund Class Y (ODVYX) 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 ODVYX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to ODVYX

ODVYX 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
FHKFX	Fidelity Series Emerging Markets Fund	0.01%	—	Aug 2018	ODVYX vs FHKFX
FEMSX	Fidelity Series Emerging Markets Opportunities Fun...	0.01%	—	Dec 2008	ODVYX vs FEMSX
VEMIX	Vanguard Emerging Markets Stock Index Fund Institu...	0.06%	—	Jun 2000	ODVYX vs VEMIX
FPADX	Fidelity Emerging Markets Index Fund	0.08%	—	Sep 2011	ODVYX vs FPADX
FERGX	Fidelity SAI Emerging Markets Index Fund	0.08%	—	Jan 2016	ODVYX vs FERGX

Best Risk-Adjusted Alternatives to ODVYX

ODVYX has a PortfoliosLab risk / return rank of 69. There are 65 mutual funds in the Emerging Markets Equities category with higher risk-adjusted ranks, going as high as 94.

Symbol	Name	Risk / Return Rank	AUM	Inception
LZEMX	Lazard Emerging Markets Equity Portfolio	94	—	Jul 1994	ODVYX vs LZEMX
RLEMX	Lazard Emerging Markets Equity Portfolio Class R6	94	—	—	ODVYX vs RLEMX
ESCIX	Ashmore Emerging Markets Small Cap Equity Fund	92	—	Oct 2011	ODVYX vs ESCIX
DEMIX	Delaware Emerging Markets Fund	91	—	Jun 1996	ODVYX vs DEMIX
DEMAX	Nomura Emerging Markets Fund Class A	91	—	Jun 1996	ODVYX vs DEMAX

Top Performing ODVYX Alternatives (YTD)

ODVYX is at 15.52% YTD. There are 126 mutual funds in the Emerging Markets Equities category with higher YTD returns, going as high as 68.59%.

Symbol	Name	YTD Return	AUM	Inception
DEMIX	Delaware Emerging Markets Fund	68.59%	—	Jun 1996	ODVYX vs DEMIX
DEMAX	Nomura Emerging Markets Fund Class A	68.34%	—	Jun 1996	ODVYX vs DEMAX
DEMCX	Nomura Emerging Markets Fund Class C	67.60%	—	Jun 1996	ODVYX vs DEMCX
FQEMX	Franklin Templeton SMACS: Series EM	50.59%	—	Nov 2021	ODVYX vs FQEMX
GMAQX	GMO Emerging Markets ex-China Fund	37.39%	—	Oct 2021	ODVYX vs GMAQX

Lowest Volatility Alternatives to ODVYX

ODVYX has 19.46% 1-year volatility. There are 69 mutual funds in the Emerging Markets Equities category with lower 1-year volatility, going as low as 9.88%.

Symbol	Name	Volatility 1Y	AUM	Inception
GSIYX	Goldman Sachs GQG Partners International Opportuni...	9.88%	—	Dec 2016	ODVYX vs GSIYX
ESCIX	Ashmore Emerging Markets Small Cap Equity Fund	10.28%	—	Oct 2011	ODVYX vs ESCIX
GQGPX	GQG Partners Emerging Markets Equity Fund	11.51%	—	Dec 2016	ODVYX vs GQGPX
GQGIX	GQG Partners Emerging Markets Equity Fund Institut...	11.53%	—	—	ODVYX vs GQGIX
FGKPX	Fidelity SAI Emerging Markets Low Volatility Index...	11.80%	—	Jan 2019	ODVYX vs FGKPX

Lowest Drawdown Alternatives to ODVYX

ODVYX has a 1-year max drawdown of -12.07%. There are 47 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	ODVYX vs ESCIX
FGKPX	Fidelity SAI Emerging Markets Low Volatility Index...	-6.93%	—	Jan 2019	ODVYX vs FGKPX
GSIYX	Goldman Sachs GQG Partners International Opportuni...	-7.81%	—	Dec 2016	ODVYX vs GSIYX
BADEX	BlackRock Defensive Advantage Emerging Markets Fun...	-8.89%	—	Dec 2020	ODVYX vs BADEX
COBYX	The Cook & Bynum Fund	-8.95%	—	Jun 2009	ODVYX vs COBYX

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
IVNQX	Invesco Nasdaq 100 Index Fund	Large Cap Growth Equities	38	11.50%	—	Oct 2020	ODVYX vs IVNQX
VADAX	Invesco Equally-Weighted S&P 500 Fund Class A	Large Cap Blend Equities	68	13.11%	—	—	ODVYX vs VADAX
VAFAX	Invesco American Franchise Fund Class A	Large Cap Growth Equities	8	2.06%	—	Jun 2005	ODVYX vs VAFAX
OPGSX	Invesco Gold & Special Minerals Fund	Gold, Precious Metals	35	-8.91%	—	Jul 1983	ODVYX vs OPGSX
VVOAX	Invesco Value Opportunities Fund	Mid Cap Value Equities	74	14.48%	—	Jun 2001	ODVYX vs VVOAX
ACSTX	Invesco Comstock Fund	Large Cap Value Equities	83	12.80%	—	Oct 1968	ODVYX vs ACSTX
VSCAX	Invesco Small Cap Value Fund	Small Cap Value Equities	76	21.61%	—	Jun 1999	ODVYX vs VSCAX
MSIGX	Invesco Main Street Fund	Large Cap Blend Equities	34	6.19%	—	Feb 1988	ODVYX vs MSIGX
ACEIX	Invesco Equity and Income Fund	Diversified Portfolio	74	7.11%	—	Aug 1960	ODVYX vs ACEIX
VADDX	Invesco Equally-Weighted S&P 500 Fund	S&P 500	69	13.28%	—	Jul 1997	ODVYX vs VADDX

Often Compared With ODVYX

Investors most often compare ODVYX with RNPEX, FEDTX, FIQGX. These 20 comparison targets span 5 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
RNPEX	American Funds New Perspective Fund Class R4	Global Equities	20	3.96%	—	May 2002	ODVYX vs RNPEX
FEDTX	Fidelity Advisor Emerging Markets Discovery Fund C...	Emerging Markets Equities	84	17.79%	—	Nov 2011	ODVYX vs FEDTX
FIQGX	Fidelity Advisor Emerging Markets Discovery Fund C...	Emerging Markets Equities	85	18.25%	—	Oct 2018	ODVYX vs FIQGX
EMF	Templeton Emerging Markets Fund	Emerging Markets Equities	81	27.21%	—	Feb 1987	ODVYX vs EMF
DODFX	Dodge & Cox International Stock Fund	Foreign Large Cap Equities, Large Cap Value Equities, Actively Managed	82	14.76%	—	May 2001	ODVYX vs DODFX
OPPAX	Invesco Global Fund	Global Equities	14	1.82%	—	Dec 1969	ODVYX vs OPPAX
FTMKX	Fidelity Advisor Focused Emerging Markets Fund Cla...	Emerging Markets Equities	71	20.17%	—	Mar 2004	ODVYX vs FTMKX
FEDIX	Fidelity Advisor Emerging Markets Discovery Fund C...	Emerging Markets Equities	86	18.15%	—	Nov 2011	ODVYX vs FEDIX
WXCIX	William Blair Emerging Markets ex China Growth Fun...	Emerging Markets Equities	77	31.50%	—	Jul 2022	ODVYX vs WXCIX
FEDAX	Fidelity Advisor Emerging Markets Discovery Fund C...	Emerging Markets Equities	85	18.02%	—	Nov 2011	ODVYX vs FEDAX
VEMRX	Vanguard Emerging Markets Index Fund Institutional...	Emerging Markets Equities	39	7.83%	163.30B	Dec 2010	ODVYX vs VEMRX
JEMWX	JPMorgan Emerging Markets Equity Fund Class R6	Emerging Markets Equities	77	21.14%	—	Dec 2013	ODVYX vs JEMWX
VEMAX	Vanguard Emerging Markets Stock Index Fund Admiral...	Emerging Markets Equities	39	7.78%	163.30B	Jun 2006	ODVYX vs VEMAX
FEDDX	Fidelity Emerging Markets Discovery Fund	Emerging Markets Equities	86	18.18%	—	Nov 2011	ODVYX vs FEDDX
SEMNX	Hartford Schroders Emerging Markets Equity Fund Cl...	Emerging Markets Equities	71	19.30%	—	—	ODVYX vs SEMNX
CNWIX	Calamos Evolving World Growth Fund Class I	Emerging Markets Equities	32	21.73%	—	—	ODVYX vs CNWIX
SIVLX	Seafarer Overseas Value Fund Institutional Class	Emerging Markets Equities	41	7.95%	—	May 2016	ODVYX vs SIVLX
FZAEX	Fidelity Advisor Focused Emerging Markets Fund Cla...	Emerging Markets Equities	76	20.59%	—	Aug 2013	ODVYX vs FZAEX
FIMKX	Fidelity Advisor Focused Emerging Markets Fund Cla...	Emerging Markets Equities	76	20.52%	—	Mar 2004	ODVYX vs FIMKX
SFENX	Schwab Fundamental Emerging Markets Equity Index F...	Emerging Markets Equities	76	13.49%	—	Jan 2008	ODVYX vs SFENX

Compare ODVYX with Any Fund or Stock

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

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Diversifiers

Pair ODVYX with funds that move differently

Invesco Developing Markets Fund Class Y alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to ODVYX.

Explore ODVYX Diversifiers

Invesco Developing Markets Fund Class Y (ODVYX) Alternatives