RWCEX Alternatives & Similar Mutual Funds

Redwheel Global Emerging Equity Fund (RWCEX) 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 RWCEX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to RWCEX

RWCEX charges 1.22% annually. There are 112 mutual funds in the Emerging Markets Diversified category with lower expense ratios, going as low as 0.08%.

Symbol	Name	Expense Ratio	AUM	Inception
FPADX	Fidelity Emerging Markets Index Fund	0.08%	—	Sep 2011	RWCEX vs FPADX
FERGX	Fidelity SAI Emerging Markets Index Fund	0.08%	—	Jan 2016	RWCEX vs FERGX
FCEEX	Franklin Emerging Market Core Equity (IU) Fund Adv...	0.17%	—	Jul 2019	RWCEX vs FCEEX
SSKEX	State Street Emerging Markets Equity Index Fund	0.17%	—	Dec 2015	RWCEX vs SSKEX
EMPTX	UBS Emerging Markets Equity Opportunity Fund	0.19%	—	May 2018	RWCEX vs EMPTX

Best Risk-Adjusted Alternatives to RWCEX

RWCEX has a PortfoliosLab risk / return rank of 58. There are 145 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
FQEMX	Franklin Templeton SMACS: Series EM	98	—	Nov 2021	RWCEX vs FQEMX
DEMIX	Delaware Emerging Markets Fund	98	—	Jun 1996	RWCEX vs DEMIX
LCSMX	Martin Currie SMA-Shares Series EM Fund	98	—	Jan 2018	RWCEX vs LCSMX
GMAQX	GMO Emerging Markets ex-China Fund	97	—	Oct 2021	RWCEX vs GMAQX
LVAZX	LSV Emerging Markets Equity Fund	97	—	Jan 2019	RWCEX vs LVAZX

Top Performing RWCEX Alternatives (YTD)

RWCEX is at 15.11% YTD. There are 151 mutual funds in the Emerging Markets Diversified category with higher YTD returns, going as high as 112.88%.

Symbol	Name	YTD Return	AUM	Inception
DEMIX	Delaware Emerging Markets Fund	112.88%	—	Jun 1996	RWCEX vs DEMIX
FQEMX	Franklin Templeton SMACS: Series EM	90.39%	—	Nov 2021	RWCEX vs FQEMX
LCSMX	Martin Currie SMA-Shares Series EM Fund	67.99%	—	Jan 2018	RWCEX vs LCSMX
GMAQX	GMO Emerging Markets ex-China Fund	57.96%	—	Oct 2021	RWCEX vs GMAQX
GTDDX	Invesco EQV Emerging Markets All Cap Fd	49.96%	—	Jan 1994	RWCEX vs GTDDX

Lowest Volatility Alternatives to RWCEX

RWCEX has 19.02% 1-year volatility. There are 126 mutual funds in the Emerging Markets Diversified category with lower 1-year volatility, going as low as 10.37%.

Symbol	Name	Volatility 1Y	AUM	Inception
BADEX	BlackRock Defensive Advantage Emerging Markets Fun...	10.37%	—	Dec 2020	RWCEX vs BADEX
VIESX	Virtus KAR Emerging Markets Small-Cap Fund	11.03%	—	Dec 2013	RWCEX vs VIESX
GQGPX	GQG Partners Emerging Markets Equity Fund	11.32%	—	Dec 2016	RWCEX vs GQGPX
ESCIX	Ashmore Emerging Markets Small Cap Equity Fund	11.53%	—	Oct 2011	RWCEX vs ESCIX
EAEMX	Parametric Emerging Markets Fund	11.57%	—	Jun 2006	RWCEX vs EAEMX

Lowest Drawdown Alternatives to RWCEX

RWCEX has a 1-year max drawdown of -14.62%. There are 146 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
ESCIX	Ashmore Emerging Markets Small Cap Equity Fund	-5.70%	—	Oct 2011	RWCEX vs ESCIX
WAEMX	Wasatch Emerging Markets Small Cap Fund	-7.89%	—	Sep 2007	RWCEX vs WAEMX
BADEX	BlackRock Defensive Advantage Emerging Markets Fun...	-8.89%	—	Dec 2020	RWCEX vs BADEX
COBYX	The Cook & Bynum Fund	-8.95%	—	Jun 2009	RWCEX vs COBYX
GQGPX	GQG Partners Emerging Markets Equity Fund	-9.12%	—	Dec 2016	RWCEX vs GQGPX

Often Compared With RWCEX

Investors most often compare RWCEX with EMIM.L, CEMFX, BEMIX. These 11 comparison targets span 2 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
EMIM.L	iShares Core MSCI Emerging Markets IMI UCITS ETF (...	Emerging Markets Equities	88	25.92%	32.04B	May 2014	RWCEX vs EMIM.L
CEMFX	Cullen Emerging Markets High Dividend Fund	Emerging Markets Diversified	92	28.98%	—	Aug 2012	RWCEX vs CEMFX
BEMIX	Brandes Emerging Markets Fund	Emerging Markets Diversified	94	25.80%	—	Jan 2011	RWCEX vs BEMIX
GLLSX	abrdn Emerging Markets ex-China Fund	Emerging Markets Diversified	96	46.58%	—	Aug 2000	RWCEX vs GLLSX
HLFMX	Harding Loevner Frontier Emerging Markets Fund	Emerging Markets Diversified	16	2.80%	—	May 2008	RWCEX vs HLFMX
EFEIX	Ashmore Emerging Markets Frontier Equity Fund	Emerging Markets Diversified	22	2.96%	—	Nov 2013	RWCEX vs EFEIX
TEQLX	TIAA-CREF Emerging Markets Equity Index Fund	Emerging Markets Diversified	90	30.13%	—	Aug 2010	RWCEX vs TEQLX
EITEX	Parametric Tax-Managed Emerging Markets Fund	Emerging Markets Diversified	78	13.22%	—	Jun 1998	RWCEX vs EITEX
LZEMX	Lazard Emerging Markets Equity Portfolio	Emerging Markets Diversified	96	26.96%	—	Jul 1994	RWCEX vs LZEMX
PDEZX	PGIM Jennison Emerging Markets Equity Opportunitie...	Emerging Markets Diversified	58	34.32%	—	Sep 2014	RWCEX vs PDEZX
IEMGX	Voya Multi-Manager Emerging Markets Equity Fund	Emerging Markets Diversified	95	38.71%	—	Oct 2011	RWCEX vs IEMGX

Compare RWCEX with Any Fund or Stock

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

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Pair RWCEX with funds that move differently

Redwheel Global Emerging Equity Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to RWCEX.

Explore RWCEX Diversifiers

Redwheel Global Emerging Equity Fund (RWCEX) Alternatives