RWCEX Alternatives & Similar Mutual Funds

Redwheel Global Emerging Equity Fund (RWCEX) belongs to the Emerging Markets Equities 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 140 mutual funds in the Emerging Markets Equities category with lower expense ratios, going as low as 0.01%.

Symbol	Name	Expense Ratio	AUM	Inception
FHKFX	Fidelity Series Emerging Markets Fund	0.01%	—	Aug 2018	RWCEX vs FHKFX
FEMSX	Fidelity Series Emerging Markets Opportunities Fun...	0.01%	—	Dec 2008	RWCEX vs FEMSX
FERGX	Fidelity SAI Emerging Markets Index Fund	0.08%	—	Jan 2016	RWCEX vs FERGX
FPADX	Fidelity Emerging Markets Index Fund	0.08%	—	Sep 2011	RWCEX vs FPADX
VEMRX	Vanguard Emerging Markets Index Fund Institutional...	0.08%	163.30B	Dec 2010	RWCEX vs VEMRX

Best Risk-Adjusted Alternatives to RWCEX

RWCEX has a PortfoliosLab risk / return rank of 22. There are 189 mutual funds in the Emerging Markets Equities category with higher risk-adjusted ranks, going as high as 93.

Symbol	Name	Risk / Return Rank	AUM	Inception
RLEMX	Lazard Emerging Markets Equity Portfolio Class R6	93	—	—	RWCEX vs RLEMX
LZEMX	Lazard Emerging Markets Equity Portfolio	92	—	Jul 1994	RWCEX vs LZEMX
ESCIX	Ashmore Emerging Markets Small Cap Equity Fund	92	—	Oct 2011	RWCEX vs ESCIX
DEMIX	Delaware Emerging Markets Fund	87	—	Jun 1996	RWCEX vs DEMIX
DEMAX	Nomura Emerging Markets Fund Class A	87	—	Jun 1996	RWCEX vs DEMAX

Top Performing RWCEX Alternatives (YTD)

RWCEX is at -0.28% YTD. There are 208 mutual funds in the Emerging Markets Equities category with higher YTD returns, going as high as 55.62%.

Symbol	Name	YTD Return	AUM	Inception
DEMIX	Delaware Emerging Markets Fund	55.62%	—	Jun 1996	RWCEX vs DEMIX
DEMAX	Nomura Emerging Markets Fund Class A	55.40%	—	Jun 1996	RWCEX vs DEMAX
DEMCX	Nomura Emerging Markets Fund Class C	54.73%	—	Jun 1996	RWCEX vs DEMCX
FQEMX	Franklin Templeton SMACS: Series EM	40.66%	—	Nov 2021	RWCEX vs FQEMX
GMAQX	GMO Emerging Markets ex-China Fund	32.26%	—	Oct 2021	RWCEX vs GMAQX

Lowest Volatility Alternatives to RWCEX

RWCEX has 21.33% 1-year volatility. There are 99 mutual funds in the Emerging Markets Equities category with lower 1-year volatility, going as low as 9.88%.

Symbol	Name	Volatility 1Y	AUM	Inception
GSIYX	Goldman Sachs GQG Partners International Opportuni...	9.88%	—	Dec 2016	RWCEX vs GSIYX
ESCIX	Ashmore Emerging Markets Small Cap Equity Fund	10.28%	—	Oct 2011	RWCEX vs ESCIX
GQGPX	GQG Partners Emerging Markets Equity Fund	11.36%	—	Dec 2016	RWCEX vs GQGPX
GQGIX	GQG Partners Emerging Markets Equity Fund Institut...	11.38%	—	—	RWCEX vs GQGIX
FGKPX	Fidelity SAI Emerging Markets Low Volatility Index...	11.63%	—	Jan 2019	RWCEX vs FGKPX

Lowest Drawdown Alternatives to RWCEX

RWCEX has a 1-year max drawdown of -14.62%. There are 140 mutual funds in the Emerging Markets Equities 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
FGKPX	Fidelity SAI Emerging Markets Low Volatility Index...	-6.93%	—	Jan 2019	RWCEX vs FGKPX
GSIYX	Goldman Sachs GQG Partners International Opportuni...	-7.81%	—	Dec 2016	RWCEX vs GSIYX
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

Other Mutual Funds from Redwheel

The 1 most viewed Redwheel mutual funds shown here include ECOIX and span 2 categories.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
ECOIX	Redwheel Next Generation Power Infrastructure Fund	Infrastructure Equities, Energy Equities	11	1.97%	—	Nov 2015	RWCEX vs ECOIX

Often Compared With RWCEX

Investors most often compare RWCEX with EMIM.L, CEMFX, BEMIX. These 20 comparison targets span 1 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	60	14.08%	30.94B	May 2014	RWCEX vs EMIM.L
CEMFX	Cullen Emerging Markets High Dividend Fund	Emerging Markets Equities	67	14.62%	—	Aug 2012	RWCEX vs CEMFX
BEMIX	Brandes Emerging Markets Fund	Emerging Markets Equities	85	17.66%	—	Jan 2011	RWCEX vs BEMIX
EAEMX	Parametric Emerging Markets Fund	Emerging Markets Equities	47	7.05%	—	Jun 2006	RWCEX vs EAEMX
EMPTX	UBS Emerging Markets Equity Opportunity Fund	Emerging Markets Equities	62	13.40%	—	May 2018	RWCEX vs EMPTX
GLLSX	abrdn Emerging Markets ex-China Fund	Emerging Markets Equities	69	21.83%	—	Aug 2000	RWCEX vs GLLSX
FCEEX	Franklin Emerging Market Core Equity (IU) Fund Adv...	Emerging Markets Equities	45	13.09%	—	Jul 2019	RWCEX vs FCEEX
HLFMX	Harding Loevner Frontier Emerging Markets Fund	Emerging Markets Equities	17	3.92%	—	May 2008	RWCEX vs HLFMX
TEQLX	TIAA-CREF Emerging Markets Equity Index Fund	Emerging Markets Equities	40	11.89%	—	Aug 2010	RWCEX vs TEQLX
EFEIX	Ashmore Emerging Markets Frontier Equity Fund	Emerging Markets Equities	15	2.07%	—	Nov 2013	RWCEX vs EFEIX
EITEX	Parametric Tax-Managed Emerging Markets Fund	Emerging Markets Equities	47	7.02%	—	Jun 1998	RWCEX vs EITEX
SSKEX	State Street Emerging Markets Equity Index Fund	Emerging Markets Equities	49	12.75%	—	Dec 2015	RWCEX vs SSKEX
LCSMX	Martin Currie SMA-Shares Series EM Fund	Emerging Markets Equities	74	26.89%	—	Jan 2018	RWCEX vs LCSMX
VIESX	Virtus KAR Emerging Markets Small-Cap Fund	Emerging Markets Equities	4	0.67%	—	Dec 2013	RWCEX vs VIESX
WAEMX	Wasatch Emerging Markets Small Cap Fund	Emerging Markets Equities	27	10.00%	—	Sep 2007	RWCEX vs WAEMX
PDEZX	PGIM Jennison Emerging Markets Equity Opportunitie...	Emerging Markets Equities	10	3.15%	—	Sep 2014	RWCEX vs PDEZX
LVAZX	LSV Emerging Markets Equity Fund	Emerging Markets Equities	82	20.71%	—	Jan 2019	RWCEX vs LVAZX
GTDDX	Invesco EQV Emerging Markets All Cap Fd	Emerging Markets Equities	78	25.51%	—	Jan 1994	RWCEX vs GTDDX
IEMGX	Voya Multi-Manager Emerging Markets Equity Fund	Emerging Markets Equities	72	17.83%	—	Oct 2011	RWCEX vs IEMGX
DODEX	Dodge & Cox Emerging Markets Stock Fund	Emerging Markets Equities	82	16.30%	—	May 2021	RWCEX vs DODEX

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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Diversifiers

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