Optimum International Fund (OIIEX) belongs to the Foreign Large Cap Equities category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with OIIEX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to OIIEX
OIIEX charges 1.04% annually. There are 300 mutual funds in the Foreign Large Cap Equities category with lower expense ratios, going as low as 0.01%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity Series International Index Fund | 0.01% | — | Aug 2018 | OIIEX vs FHLFX | |
| Fidelity Series International Growth Fund | 0.01% | — | Dec 2009 | OIIEX vs FIGSX | |
| Fidelity Series Overseas Fund | 0.01% | — | Jun 2019 | OIIEX vs FSOSX | |
| Fidelity Series Global ex U.S. Index Fund | 0.01% | — | Sep 2009 | OIIEX vs FSGEX | |
| Fidelity Series International Value Fund | 0.01% | — | Dec 2009 | OIIEX vs FINVX |
Best Risk-Adjusted Alternatives to OIIEX
OIIEX has a PortfoliosLab risk / return rank of 40. There are 169 mutual funds in the Foreign Large Cap Equities category with higher risk-adjusted ranks, going as high as 91.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Touchstone International Equity Fund | 91 | — | Mar 1993 | OIIEX vs SWRLX | |
| GMO Tax-Managed International Equities Fund | 91 | — | Jul 1998 | OIIEX vs GTMIX | |
| American Beacon Tocqueville International Value Fu... | 90 | — | Aug 1994 | OIIEX vs TIVFX | |
| SA International Value Fund | 89 | — | Aug 1999 | OIIEX vs SAHMX | |
| Thornburg Global Opportunities Fund | 89 | — | Jul 2006 | OIIEX vs THOIX |
Top Performing OIIEX Alternatives (YTD)
OIIEX is at 13.90% YTD. There are 53 mutual funds in the Foreign Large Cap Equities category with higher YTD returns, going as high as 33.96%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| American Beacon Tocqueville International Value Fu... | 33.96% | — | Aug 1994 | OIIEX vs TIVFX | |
| Calamos International Growth Fund | 29.92% | — | Mar 2005 | OIIEX vs CIGIX | |
| Lord Abbett International Growth Fund | 26.27% | — | Jun 2021 | OIIEX vs LIAGX | |
| Fidelity SAI International SMA Completion Fund | 26.14% | — | Apr 2019 | OIIEX vs FISZX | |
| John Hancock International Dynamic Growth Fund | 25.48% | — | May 2019 | OIIEX vs JIJIX |
Lowest Volatility Alternatives to OIIEX
OIIEX has 16.39% 1-year volatility. There are 291 mutual funds in the Foreign Large Cap Equities category with lower 1-year volatility, going as low as 8.75%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity Advisor Overseas Fund Class Z | 8.75% | — | Feb 2017 | OIIEX vs FAOSX | |
| Fidelity Advisor Overseas Fund Class C | 8.75% | — | Nov 1997 | OIIEX vs FAOCX | |
| Fidelity Advisor Overseas Fund Class A | 8.76% | — | Sep 1996 | OIIEX vs FAOAX | |
| Fidelity Advisor Overseas Fund Class I | 8.77% | — | Jul 1995 | OIIEX vs FAOIX | |
| Fidelity Advisor Overseas Fund Class M | 8.77% | — | Apr 1990 | OIIEX vs FAERX |
Lowest Drawdown Alternatives to OIIEX
OIIEX has a 1-year max drawdown of -11.93%. There are 237 mutual funds in the Foreign Large Cap Equities category with shallower 1-year drawdowns, going as shallow as -6.94%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Redwood AlphaFactor Tactical International Fund | -6.94% | — | Nov 2017 | OIIEX vs RWIIX | |
| Federated Hermes International Strategic Value Div... | -6.97% | — | Jun 2008 | OIIEX vs IVFIX | |
| Fidelity Advisor Overseas Fund Class Z | -7.26% | — | Feb 2017 | OIIEX vs FAOSX | |
| Fidelity Advisor Overseas Fund Class I | -7.28% | — | Jul 1995 | OIIEX vs FAOIX | |
| Fidelity Advisor Overseas Fund Class M | -7.29% | — | Apr 1990 | OIIEX vs FAERX |
Other Mutual Funds from Delaware Funds
The 10 most viewed Delaware Funds mutual funds shown here include DEMIX, FGINX, WMGAX and span 8 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Delaware Emerging Markets Fund | Emerging Markets Diversified | 97 | 125.98% | — | Jun 1996 | OIIEX vs DEMIX | |
| Delaware Growth and Income Fund | Large Cap Value Equities | 95 | 17.60% | — | Oct 1993 | OIIEX vs FGINX | |
| Delaware Ivy Mid Cap Growth Fund | Mid Cap Growth Equities | 4 | 1.71% | — | Jun 2000 | OIIEX vs WMGAX | |
| Delaware Ivy Large Cap Growth Fund | Large Cap Growth Equities | 5 | -3.84% | — | Jun 2000 | OIIEX vs WLGAX | |
| Delaware Small Cap Value Fund | Small Cap Value Equities | 59 | 19.80% | — | Jun 1987 | OIIEX vs DEVLX | |
| Delaware Small Cap Core Fund | Small Cap Blend Equities | 50 | 18.09% | — | Dec 1998 | OIIEX vs DCCIX | |
| Optimum Large Cap Growth Fund | Large Cap Growth Equities | 19 | 3.05% | — | Aug 2003 | OIIEX vs OILGX | |
| Delaware Tax Free USA Fund | Municipal Bonds | 45 | 2.51% | — | Jan 1984 | OIIEX vs DMTFX | |
| Delaware Value Fund | Large Cap Value Equities | 31 | 6.01% | — | Sep 1998 | OIIEX vs DDVIX | |
| Delaware National High-Yield Municipal Bond Fund | High Yield Muni | 30 | 2.29% | — | Sep 1986 | OIIEX vs CXHYX |
Often Compared With OIIEX
Investors most often compare OIIEX with VOO, EPDPX, FSKLX. These 20 comparison targets span 4 categories, based on PortfoliosLab usage data.
Compare OIIEX with Any Fund or Stock
Compare OIIEX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair OIIEX with funds that move differently
Optimum International Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to OIIEX.
Explore OIIEX Diversifiers