Manning & Napier Rainier International Discovery Series (RAIIX) belongs to the Foreign Small & Mid 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 RAIIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to RAIIX
RAIIX charges 1.12% annually. There are 49 mutual funds in the Foreign Small & Mid Cap Equities category with lower expense ratios, going as low as 0.03%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity Series International Small Cap Fund | 0.03% | — | Dec 2009 | RAIIX vs FSTSX | |
| Fidelity SAI International Small Cap Index Fund | 0.10% | — | Jun 2021 | RAIIX vs FSISX | |
| Vanguard FTSE All-World ex-US Small-Cap Index Fund... | 0.11% | — | Apr 2009 | RAIIX vs VFSNX | |
| Vanguard FTSE All-World ex-US Small-Cap Index Fund... | 0.16% | 14.30B | Feb 2019 | RAIIX vs VFSAX | |
| Avantis International Small Cap Value Fund | 0.36% | — | Dec 2019 | RAIIX vs AVDVX |
Best Risk-Adjusted Alternatives to RAIIX
RAIIX has a PortfoliosLab risk / return rank of 22. There are 53 mutual funds in the Foreign Small & Mid Cap Equities category with higher risk-adjusted ranks, going as high as 95.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Hood River International Opportunity Fund | 95 | — | Sep 2021 | RAIIX vs HRIOX | |
| Hood River International Opportunity Fund Investor... | 95 | — | Aug 2023 | RAIIX vs HRIIX | |
| Avantis International Small Cap Value Fund Class G | 82 | — | Jan 2021 | RAIIX vs AVANX | |
| Virtus International Small-Cap Fund | 81 | — | Dec 1997 | RAIIX vs ALOIX | |
| Avantis International Small Cap Value Fund | 81 | — | Dec 2019 | RAIIX vs AVDVX |
Top Performing RAIIX Alternatives (YTD)
RAIIX is at 9.95% YTD. There are 47 mutual funds in the Foreign Small & Mid Cap Equities category with higher YTD returns, going as high as 47.70%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Hood River International Opportunity Fund | 47.70% | — | Sep 2021 | RAIIX vs HRIOX | |
| Hood River International Opportunity Fund Investor... | 47.59% | — | Aug 2023 | RAIIX vs HRIIX | |
| Calamos International Small Cap Growth Fund | 32.95% | — | Mar 2022 | RAIIX vs CSGIX | |
| Lazard International Small Cap Equity Portfolio | 30.03% | — | Nov 1993 | RAIIX vs LZISX | |
| Artisan International Explorer Fund | 22.47% | — | May 2022 | RAIIX vs ARHBX |
Lowest Volatility Alternatives to RAIIX
RAIIX has 15.01% 1-year volatility. There are 59 mutual funds in the Foreign Small & Mid Cap Equities category with lower 1-year volatility, going as low as 11.18%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| AMG Yacktman Special Opportunities Fund | 11.18% | — | Jun 2014 | RAIIX vs YASLX | |
| MFS International New Discovery Fund Class R6 | 11.90% | — | Jun 2012 | RAIIX vs MIDLX | |
| MFS International New Discovery Fund | 11.93% | — | Oct 1997 | RAIIX vs MWNIX | |
| Harding Loevner International Small Companies Port... | 12.33% | — | Mar 2007 | RAIIX vs HLMSX | |
| Brandes International Small Cap Equity Fund | 12.51% | — | Jan 2012 | RAIIX vs BISAX |
Lowest Drawdown Alternatives to RAIIX
RAIIX has a 1-year max drawdown of -12.00%. There are 52 mutual funds in the Foreign Small & Mid Cap Equities category with shallower 1-year drawdowns, going as shallow as -9.51%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Artisan International Explorer Fund | -9.51% | — | May 2022 | RAIIX vs ARHBX | |
| WCM International Small Cap Growth Fund | -9.81% | — | Nov 2015 | RAIIX vs WCMSX | |
| Virtus International Small-Cap Fund | -10.07% | — | Dec 1997 | RAIIX vs ALOIX | |
| Invesco Global Opportunities Fund Class A | -10.08% | — | Oct 1990 | RAIIX vs OPGIX | |
| William Blair International Small Cap Growth Fund | -10.09% | — | Oct 2005 | RAIIX vs WISIX |
Other Mutual Funds from Manning & Napier
The 10 most viewed Manning & Napier mutual funds shown here include MNHYX, MNHAX, EXOSX and span 7 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Manning & Napier High Yield Bond Series | High Yield Bonds | 88 | 2.79% | — | Sep 2009 | RAIIX vs MNHYX | |
| Manning & Napier High Yield Bond I | High Yield Bonds | 78 | 2.27% | — | Aug 2012 | RAIIX vs MNHAX | |
| Manning & Napier Overseas Series | Foreign Large Cap Equities | 7 | 3.12% | — | Jul 2002 | RAIIX vs EXOSX | |
| Manning & Napier Pro-Blend Moderate Term Series | Diversified Portfolio | 15 | 1.38% | — | Sep 1993 | RAIIX vs EXBAX | |
| Manning & Napier Disciplined Value Series | Large Cap Value Equities | 80 | 11.68% | — | Nov 2008 | RAIIX vs MNDFX | |
| Manning & Napier Pro-Blend Maximum Term Series | Diversified Portfolio | 12 | 1.94% | — | Oct 1995 | RAIIX vs EXHAX | |
| Manning & Napier Divrs Tax Exempt Series Fund | Municipal Bonds | 66 | 0.81% | — | Feb 1994 | RAIIX vs EXDVX | |
| Manning & Napier Equity Series | Large Cap Growth Equities | 8 | 0.49% | — | May 1998 | RAIIX vs EXEYX | |
| Manning & Napier Pro-Blend Extended Term Series | Diversified Portfolio | 13 | 1.78% | — | Oct 1993 | RAIIX vs MNBAX | |
| Manning & Napier Core Bond Series | Intermediate Core Bond | 18 | 0.55% | — | Apr 2005 | RAIIX vs EXCRX |
Often Compared With RAIIX
Investors most often compare RAIIX with HSCZ, DISMX, OAKEX. These 14 comparison targets span 3 categories, based on PortfoliosLab usage data.
Compare RAIIX with Any Fund or Stock
Compare RAIIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair RAIIX with funds that move differently
Manning & Napier Rainier International Discovery Series alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to RAIIX.
Explore RAIIX Diversifiers