T. Rowe Price Emerging Markets Discovery Stock Fund (PAIJX) belongs to the Emerging Markets Diversified category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with PAIJX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to PAIJX
PAIJX charges 1.60% annually. There are 161 mutual funds in the Emerging Markets Diversified category with lower expense ratios, going as low as 0.08%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity Emerging Markets Index Fund | 0.08% | — | Sep 2011 | PAIJX vs FPADX | |
| Fidelity SAI Emerging Markets Index Fund | 0.08% | — | Jan 2016 | PAIJX vs FERGX | |
| State Street Emerging Markets Equity Index Fund | 0.17% | — | Dec 2015 | PAIJX vs SSKEX | |
| Franklin Emerging Market Core Equity (IU) Fund Adv... | 0.17% | — | Jul 2019 | PAIJX vs FCEEX | |
| UBS Emerging Markets Equity Opportunity Fund | 0.19% | — | May 2018 | PAIJX vs EMPTX |
Best Risk-Adjusted Alternatives to PAIJX
PAIJX has a PortfoliosLab risk / return rank of 89. There are 50 mutual funds in the Emerging Markets Diversified category with higher risk-adjusted ranks, going as high as 98.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Delaware Emerging Markets Fund | 98 | — | Jun 1996 | PAIJX vs DEMIX | |
| Franklin Templeton SMACS: Series EM | 98 | — | Nov 2021 | PAIJX vs FQEMX | |
| Martin Currie SMA-Shares Series EM Fund | 97 | — | Jan 2018 | PAIJX vs LCSMX | |
| GMO Emerging Markets ex-China Fund | 96 | — | Oct 2021 | PAIJX vs GMAQX | |
| LSV Emerging Markets Equity Fund | 95 | — | Jan 2019 | PAIJX vs LVAZX |
Top Performing PAIJX Alternatives (YTD)
PAIJX is at 29.08% YTD. There are 84 mutual funds in the Emerging Markets Diversified category with higher YTD returns, going as high as 134.87%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Delaware Emerging Markets Fund | 134.87% | — | Jun 1996 | PAIJX vs DEMIX | |
| Franklin Templeton SMACS: Series EM | 90.54% | — | Nov 2021 | PAIJX vs FQEMX | |
| Martin Currie SMA-Shares Series EM Fund | 70.59% | — | Jan 2018 | PAIJX vs LCSMX | |
| GMO Emerging Markets ex-China Fund | 53.53% | — | Oct 2021 | PAIJX vs GMAQX | |
| Invesco EQV Emerging Markets All Cap Fd | 49.56% | — | Jan 1994 | PAIJX vs GTDDX |
Lowest Volatility Alternatives to PAIJX
PAIJX has 19.99% 1-year volatility. There are 95 mutual funds in the Emerging Markets Diversified category with lower 1-year volatility, going as low as 11.24%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Ashmore Emerging Markets Small Cap Equity Fund | 11.24% | — | Oct 2011 | PAIJX vs ESCIX | |
| Virtus KAR Emerging Markets Small-Cap Fund | 11.40% | — | Dec 2013 | PAIJX vs VIESX | |
| GQG Partners Emerging Markets Equity Fund | 11.49% | — | Dec 2016 | PAIJX vs GQGPX | |
| BlackRock Defensive Advantage Emerging Markets Fun... | 11.61% | — | Dec 2020 | PAIJX vs BADEX | |
| The Cook & Bynum Fund | 11.90% | — | Jun 2009 | PAIJX vs COBYX |
Lowest Drawdown Alternatives to PAIJX
PAIJX has a 1-year max drawdown of -13.29%. There are 86 mutual funds in the Emerging Markets Diversified category with shallower 1-year drawdowns, going as shallow as -5.70%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Ashmore Emerging Markets Small Cap Equity Fund | -5.70% | — | Oct 2011 | PAIJX vs ESCIX | |
| Wasatch Emerging Markets Small Cap Fund | -7.89% | — | Sep 2007 | PAIJX vs WAEMX | |
| BlackRock Defensive Advantage Emerging Markets Fun... | -8.89% | — | Dec 2020 | PAIJX vs BADEX | |
| The Cook & Bynum Fund | -8.95% | — | Jun 2009 | PAIJX vs COBYX | |
| GQG Partners Emerging Markets Equity Fund | -9.12% | — | Dec 2016 | PAIJX vs GQGPX |
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 | 14 | 1.82% | — | Jun 1993 | PAIJX vs TRBCX | |
| T. Rowe Price Capital Appreciation Fund | Diversified Portfolio | 39 | 4.62% | — | Jun 1986 | PAIJX vs PRWCX | |
| T. Rowe Price Dividend Growth Fund, Inc. | Large Cap Blend Equities, Dividend | 52 | 8.38% | — | Dec 1992 | PAIJX vs PRDGX | |
| T. Rowe Price U.S. Equity Research Fund | Large Cap Blend Equities | 64 | 10.90% | — | Nov 1994 | PAIJX vs PRCOX | |
| T. Rowe Price All-Cap Opportunities Fund | Large Cap Growth Equities | 13 | 0.66% | — | Sep 1985 | PAIJX vs PRWAX | |
| T. Rowe Price Blue Chip Growth Fund I Class | Large Cap Growth Equities | 15 | 1.88% | — | — | PAIJX vs TBCIX | |
| T. Rowe Price Equity Index 500 Fund | Large Cap Blend Equities | 65 | 10.08% | — | Mar 1990 | PAIJX vs PREIX | |
| T. Rowe Price Large-Cap Growth Fund | Large Cap Growth Equities | 12 | 1.37% | — | Oct 2001 | PAIJX vs TRLGX | |
| T. Rowe Price Science And Technology Fund | Technology Equities | 87 | 42.10% | — | Sep 1987 | PAIJX vs PRSCX | |
| T. Rowe Price Retirement 2035 Fund | Target Retirement Date | 31 | 9.02% | — | Feb 2004 | PAIJX vs TRRJX |
Often Compared With PAIJX
Investors most often compare PAIJX with EITEX, DRESX, GLLSX. These 6 comparison targets span 1 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Parametric Tax-Managed Emerging Markets Fund | Emerging Markets Diversified | 75 | 12.31% | — | Jun 1998 | PAIJX vs EITEX | |
| Driehaus Emerging Markets Small Cap Growth Fund | Emerging Markets Diversified | 74 | 20.46% | — | Aug 2011 | PAIJX vs DRESX | |
| abrdn Emerging Markets ex-China Fund | Emerging Markets Diversified | 94 | 48.13% | — | Aug 2000 | PAIJX vs GLLSX | |
| Parametric Emerging Markets Fund | Emerging Markets Diversified | 73 | 12.25% | — | Jun 2006 | PAIJX vs EAEMX | |
| PGIM Jennison Emerging Markets Equity Opportunitie... | Emerging Markets Diversified | 56 | 36.35% | — | Sep 2014 | PAIJX vs PDEZX | |
| TIAA-CREF Emerging Markets Equity Index Fund | Emerging Markets Diversified | 86 | 30.06% | — | Aug 2010 | PAIJX vs TEQLX |
Compare PAIJX with Any Fund or Stock
Compare PAIJX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair PAIJX with funds that move differently
T. Rowe Price Emerging Markets Discovery Stock Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to PAIJX.
Explore PAIJX Diversifiers