OEMYX Alternatives & Similar Mutual Funds

Invesco Emerging Markets Local Debt Fund (OEMYX) belongs to the Emerging Markets Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with OEMYX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to OEMYX

OEMYX charges 1.12% annually. There are 58 mutual funds in the Emerging Markets Bonds category with lower expense ratios, going as low as 0.09%.

Symbol	Name	Expense Ratio	AUM	Inception
PYELX	Payden Emerging Markets Local Bond Fund	0.09%	—	Nov 2011	OEMYX vs PYELX
IMCDX	Voya Emerging Markets Corporate Debt Fund	0.10%	—	Aug 2012	OEMYX vs IMCDX
VEGBX	Vanguard Emerging Markets Bond Fund Admiral Shares	0.35%	—	Dec 2017	OEMYX vs VEGBX
SEDAX	SEI Institutional Investments Trust Emerging Marke...	0.41%	—	Dec 2005	OEMYX vs SEDAX
VEMBX	Vanguard Emerging Markets Bond Fund Investor Share...	0.50%	5.90B	Mar 2016	OEMYX vs VEMBX

Best Risk-Adjusted Alternatives to OEMYX

OEMYX has a PortfoliosLab risk / return rank of 13. There are 74 mutual funds in the Emerging Markets Bonds category with higher risk-adjusted ranks, going as high as 99.

Symbol	Name	Risk / Return Rank	AUM	Inception
AGEYX	American Beacon Developing World Income Fund Class...	99	—	Feb 2014	OEMYX vs AGEYX
AGEPX	American Beacon Frontier Markets Income Fund	99	—	Feb 2014	OEMYX vs AGEPX
EIDOX	Eaton Vance Emerging Markets Debt Opportunities Fu...	98	—	Sep 2015	OEMYX vs EIDOX
EELDX	Eaton Vance Emerging Markets Debt Opportunities Fu...	98	—	Feb 2013	OEMYX vs EELDX
GMOQX	GMO Emerging Country Debt Fund Class VI	98	—	Apr 1994	OEMYX vs GMOQX

Top Performing OEMYX Alternatives (YTD)

OEMYX is at -0.93% YTD. There are 75 mutual funds in the Emerging Markets Bonds category with higher YTD returns, going as high as 16.37%.

Symbol	Name	YTD Return	AUM	Inception
EDD	Morgan Stanley Emerging Markets Domestic Fund	16.37%	—	Apr 2007	OEMYX vs EDD
EDF	Virtus Stone Harbor Emerging Markets Income Fund	13.38%	—	Dec 2010	OEMYX vs EDF
FEMDX	Franklin Emerging Market Debt Opportunities Fund	9.20%	—	May 2006	OEMYX vs FEMDX
EELDX	Eaton Vance Emerging Markets Debt Opportunities Fu...	8.95%	—	Feb 2013	OEMYX vs EELDX
EIDOX	Eaton Vance Emerging Markets Debt Opportunities Fu...	8.91%	—	Sep 2015	OEMYX vs EIDOX

Lowest Volatility Alternatives to OEMYX

OEMYX has 8.75% 1-year volatility. There are 71 mutual funds in the Emerging Markets Bonds category with lower 1-year volatility, going as low as 1.24%.

Symbol	Name	Volatility 1Y	AUM	Inception
DBLLX	DoubleLine Low Duration Emerging Markets Fixed Inc...	1.24%	—	Apr 2014	OEMYX vs DBLLX
DLENX	DoubleLine Emerging Markets Fixed Income Fund Clas...	1.98%	—	Apr 2010	OEMYX vs DLENX
SHCDX	Virtus Stone Harbor Emerg Mkts Corp Dbt	2.06%	—	May 2011	OEMYX vs SHCDX
PYCEX	Payden Emerging Markets Corporate Bond Fund	2.06%	—	Nov 2013	OEMYX vs PYCEX
DBLEX	DoubleLine Emerging Markets Fixed Income Fund	2.17%	—	Apr 2010	OEMYX vs DBLEX

Lowest Drawdown Alternatives to OEMYX

OEMYX has a 1-year max drawdown of -9.22%. There are 72 mutual funds in the Emerging Markets Bonds category with shallower 1-year drawdowns, going as shallow as -0.92%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
DBLLX	DoubleLine Low Duration Emerging Markets Fixed Inc...	-0.92%	—	Apr 2014	OEMYX vs DBLLX
DBLEX	DoubleLine Emerging Markets Fixed Income Fund	-1.81%	—	Apr 2010	OEMYX vs DBLEX
DLENX	DoubleLine Emerging Markets Fixed Income Fund Clas...	-1.83%	—	Apr 2010	OEMYX vs DLENX
SHCDX	Virtus Stone Harbor Emerg Mkts Corp Dbt	-1.90%	—	May 2011	OEMYX vs SHCDX
PYCEX	Payden Emerging Markets Corporate Bond Fund	-2.37%	—	Nov 2013	OEMYX vs PYCEX

Other Mutual Funds from Invesco

The 10 most viewed Invesco mutual funds shown here include IVNQX, VADAX, OPGSX and span 9 categories.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
IVNQX	Invesco Nasdaq 100 Index Fund	Large Cap Growth Equities	46	14.15%	—	Oct 2020	OEMYX vs IVNQX
VADAX	Invesco Equally-Weighted S&P 500 Fund Class A	Large Cap Blend Equities	75	14.06%	—	Jul 1997	OEMYX vs VADAX
OPGSX	Invesco Gold & Special Minerals Fund	Gold, Precious Metals	27	-10.14%	—	Jul 1983	OEMYX vs OPGSX
VAFAX	Invesco American Franchise Fund Class A	Large Cap Growth Equities	11	5.69%	—	Jun 2005	OEMYX vs VAFAX
VVOAX	Invesco Value Opportunities Fund	Mid Cap Value Equities	80	17.47%	—	Jun 2001	OEMYX vs VVOAX
ACSTX	Invesco Comstock Fund	Large Cap Value Equities	88	13.68%	—	Oct 1968	OEMYX vs ACSTX
VSCAX	Invesco Small Cap Value Fund	Small Cap Value Equities	83	25.52%	—	Jun 1999	OEMYX vs VSCAX
MSIGX	Invesco Main Street Fund	Large Cap Blend Equities	45	8.47%	—	Feb 1988	OEMYX vs MSIGX
ACEIX	Invesco Equity and Income Fund	Diversified Portfolio	84	8.86%	—	Aug 1960	OEMYX vs ACEIX
VADDX	Invesco Equally-Weighted S&P 500 Fund	S&P 500	75	14.22%	—	Jul 1997	OEMYX vs VADDX

Often Compared With OEMYX

Investors most often compare OEMYX with DEDIX, GMCDX, APFOX. These 4 comparison targets span 1 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
DEDIX	Delaware Emerging Markets Debt Corporate Fund	Emerging Markets Bonds	66	0.67%	—	Sep 2013	OEMYX vs DEDIX
GMCDX	GMO Emerging Country Debt Fund	Emerging Markets Bonds	98	8.83%	—	Apr 1994	OEMYX vs GMCDX
APFOX	Artisan Emerging Markets Debt Opportunities Fund	Emerging Markets Bonds	98	7.18%	—	Apr 2022	OEMYX vs APFOX
AMAPX	Amana Participation Fund	Emerging Markets Bonds	29	-0.12%	—	Sep 2015	OEMYX vs AMAPX

Compare OEMYX with Any Fund or Stock

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

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Diversifiers

Pair OEMYX with funds that move differently

Invesco Emerging Markets Local Debt Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to OEMYX.

Explore OEMYX Diversifiers

Invesco Emerging Markets Local Debt Fund (OEMYX) Alternatives