T. Rowe Price Emerging Markets Corporate Bond Fund (PACEX) 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 PACEX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to PACEX
PACEX charges 1.16% annually. There are 64 mutual funds in the Emerging Markets Bonds category with lower expense ratios, going as low as 0.09%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Payden Emerging Markets Local Bond Fund | 0.09% | — | Nov 2011 | PACEX vs PYELX | |
| Voya Emerging Markets Corporate Debt Fund | 0.10% | — | Aug 2012 | PACEX vs IMCDX | |
| Vanguard Emerging Markets Bond Fund Admiral Shares | 0.40% | — | Dec 2017 | PACEX vs VEGBX | |
| SEI Institutional Investments Trust Emerging Marke... | 0.41% | — | Dec 2005 | PACEX vs SEDAX | |
| GMO Emerging Country Debt Fund Class VI | 0.51% | — | Apr 1994 | PACEX vs GMOQX |
Best Risk-Adjusted Alternatives to PACEX
PACEX has a PortfoliosLab risk / return rank of 75. There are 47 mutual funds in the Emerging Markets Bonds category with higher risk-adjusted ranks, going as high as 98.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| American Beacon Frontier Markets Income Fund | 98 | — | Feb 2014 | PACEX vs AGEPX | |
| American Beacon Developing World Income Fund Class... | 98 | — | Feb 2014 | PACEX vs AGEYX | |
| GMO Emerging Country Debt Fund Class VI | 98 | — | Apr 1994 | PACEX vs GMOQX | |
| GMO Emerging Country Debt Fund | 98 | — | Apr 1994 | PACEX vs GMCDX | |
| DoubleLine Low Duration Emerging Markets Fixed Inc... | 98 | — | Apr 2014 | PACEX vs DBLLX |
Top Performing PACEX Alternatives (YTD)
PACEX is at 1.52% YTD. There are 56 mutual funds in the Emerging Markets Bonds category with higher YTD returns, going as high as 14.37%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Virtus Stone Harbor Emerging Markets Income Fund | 14.37% | — | Dec 2010 | PACEX vs EDF | |
| GMO Emerging Country Debt Fund Class VI | 8.73% | — | Apr 1994 | PACEX vs GMOQX | |
| GMO Emerging Country Debt Fund | 8.70% | — | Apr 1994 | PACEX vs GMCDX | |
| Franklin Emerging Market Debt Opportunities Fund | 7.92% | — | May 2006 | PACEX vs FEMDX | |
| American Beacon Frontier Markets Income Fund | 6.76% | — | Feb 2014 | PACEX vs AGEPX |
Lowest Volatility Alternatives to PACEX
PACEX has 2.59% 1-year volatility. There are 7 mutual funds in the Emerging Markets Bonds category with lower 1-year volatility, going as low as 1.15%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| DoubleLine Low Duration Emerging Markets Fixed Inc... | 1.15% | — | Apr 2014 | PACEX vs DBLLX | |
| DoubleLine Emerging Markets Fixed Income Fund Clas... | 1.92% | — | Apr 2010 | PACEX vs DLENX | |
| Payden Emerging Markets Corporate Bond Fund | 2.03% | — | Nov 2013 | PACEX vs PYCEX | |
| Virtus Stone Harbor Emerg Mkts Corp Dbt | 2.04% | — | May 2011 | PACEX vs SHCDX | |
| DoubleLine Emerging Markets Fixed Income Fund | 2.06% | — | Apr 2010 | PACEX vs DBLEX |
Lowest Drawdown Alternatives to PACEX
PACEX has a 1-year max drawdown of -3.18%. There are 11 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 | |
|---|---|---|---|---|---|
| DoubleLine Low Duration Emerging Markets Fixed Inc... | -0.92% | — | Apr 2014 | PACEX vs DBLLX | |
| DoubleLine Emerging Markets Fixed Income Fund | -1.81% | — | Apr 2010 | PACEX vs DBLEX | |
| DoubleLine Emerging Markets Fixed Income Fund Clas... | -1.83% | — | Apr 2010 | PACEX vs DLENX | |
| Virtus Stone Harbor Emerg Mkts Corp Dbt | -1.90% | — | May 2011 | PACEX vs SHCDX | |
| Payden Emerging Markets Corporate Bond Fund | -2.37% | — | Nov 2013 | PACEX vs PYCEX |
Other Mutual Funds from T. Rowe Price
The 10 most viewed T. Rowe Price mutual funds shown here include TRBCX, PRWCX, PRDGX and span 6 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| T. Rowe Price Blue Chip Growth Fund | Large Cap Growth Equities | 19 | 5.48% | — | Jun 1993 | PACEX vs TRBCX | |
| T. Rowe Price Capital Appreciation Fund | Diversified Portfolio | 49 | 5.76% | — | Jun 1986 | PACEX vs PRWCX | |
| T. Rowe Price Dividend Growth Fund, Inc. | Large Cap Blend Equities, Dividend | 40 | 7.60% | — | Dec 1992 | PACEX vs PRDGX | |
| T. Rowe Price U.S. Equity Research Fund | Large Cap Blend Equities | 69 | 12.08% | — | Nov 1994 | PACEX vs PRCOX | |
| T. Rowe Price All-Cap Opportunities Fund | Large Cap Growth Equities | 15 | 1.11% | — | Sep 1985 | PACEX vs PRWAX | |
| T. Rowe Price Equity Index 500 Fund | Large Cap Blend Equities | 72 | 11.61% | — | Mar 1990 | PACEX vs PREIX | |
| T. Rowe Price Blue Chip Growth Fund I Class | Large Cap Growth Equities | 21 | 5.54% | — | — | PACEX vs TBCIX | |
| T. Rowe Price Large-Cap Growth Fund | Large Cap Growth Equities | 18 | 5.12% | — | Oct 2001 | PACEX vs TRLGX | |
| T. Rowe Price Science And Technology Fund | Technology Equities | 91 | 41.41% | — | Sep 1987 | PACEX vs PRSCX | |
| T. Rowe Price Retirement 2035 Fund | Target Retirement Date | 32 | 9.32% | — | Feb 2004 | PACEX vs TRRJX |
Often Compared With PACEX
Investors most often compare PACEX with PBDIX, AMAPX, EIDOX. These 7 comparison targets span 3 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| T. Rowe Price QM U.S. Bond Index Fund | Total Bond Market | 33 | 0.20% | — | — | PACEX vs PBDIX | |
| Amana Participation Fund | Emerging Markets Bonds | 45 | 0.26% | — | Sep 2015 | PACEX vs AMAPX | |
| Eaton Vance Emerging Markets Debt Opportunities Fu... | Emerging Markets Bonds | 97 | 6.75% | — | Sep 2015 | PACEX vs EIDOX | |
| T. Rowe Price New Horizons Fund | Mid Cap Growth Equities | 30 | 15.06% | — | Jun 1960 | PACEX vs PRNHX | |
| Eaton Vance Emerging Markets Debt Opportunities Fu... | Emerging Markets Bonds | 97 | 6.66% | — | Feb 2013 | PACEX vs EELDX | |
| Morgan Stanley Emerging Markets Domestic Fund | Emerging Markets Bonds | 15 | 3.21% | — | Apr 2007 | PACEX vs EDD | |
| Delaware Emerging Markets Debt Corporate Fund | Emerging Markets Bonds | 90 | 1.26% | — | Sep 2013 | PACEX vs DEDIX |
Compare PACEX with Any Fund or Stock
Compare PACEX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair PACEX with funds that move differently
T. Rowe Price Emerging Markets Corporate Bond Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to PACEX.
Explore PACEX Diversifiers