SHMDX Alternatives & Similar Mutual Funds

Virtus Stone Harbor Emerging Mkts Debt (SHMDX) 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 SHMDX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to SHMDX

SHMDX charges 0.73% annually. There are 14 mutual funds in the Emerging Markets Bonds category with lower expense ratios, going as low as 0.09%.

Symbol	Name	Expense Ratio	AUM	Inception
PYELX	Payden Emerging Markets Local Bond Fund	0.09%	—	Nov 2011	SHMDX vs PYELX
IMCDX	Voya Emerging Markets Corporate Debt Fund	0.10%	—	Aug 2012	SHMDX vs IMCDX
VEGBX	Vanguard Emerging Markets Bond Fund Admiral Shares	0.40%	—	Dec 2017	SHMDX vs VEGBX
SEDAX	SEI Institutional Investments Trust Emerging Marke...	0.41%	—	Dec 2005	SHMDX vs SEDAX
GMOQX	GMO Emerging Country Debt Fund Class VI	0.51%	—	Apr 1994	SHMDX vs GMOQX

Best Risk-Adjusted Alternatives to SHMDX

SHMDX has a PortfoliosLab risk / return rank of 92. There are 19 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
AGEYX	American Beacon Developing World Income Fund Class...	98	—	Feb 2014	SHMDX vs AGEYX
GMOQX	GMO Emerging Country Debt Fund Class VI	98	—	Apr 1994	SHMDX vs GMOQX
AGEPX	American Beacon Frontier Markets Income Fund	98	—	Feb 2014	SHMDX vs AGEPX
GMCDX	GMO Emerging Country Debt Fund	98	—	Apr 1994	SHMDX vs GMCDX
FEMDX	Franklin Emerging Market Debt Opportunities Fund	98	—	May 2006	SHMDX vs FEMDX

Top Performing SHMDX Alternatives (YTD)

SHMDX is at 4.39% YTD. There are 14 mutual funds in the Emerging Markets Bonds category with higher YTD returns, going as high as 19.48%.

Symbol	Name	YTD Return	AUM	Inception
EDF	Virtus Stone Harbor Emerging Markets Income Fund	19.48%	—	Dec 2010	SHMDX vs EDF
GMOQX	GMO Emerging Country Debt Fund Class VI	9.35%	—	Apr 1994	SHMDX vs GMOQX
GMCDX	GMO Emerging Country Debt Fund	9.32%	—	Apr 1994	SHMDX vs GMCDX
FEMDX	Franklin Emerging Market Debt Opportunities Fund	8.24%	—	May 2006	SHMDX vs FEMDX
EDD	Morgan Stanley Emerging Markets Domestic Fund	7.76%	—	Apr 2007	SHMDX vs EDD

Lowest Volatility Alternatives to SHMDX

SHMDX has 4.70% 1-year volatility. There are 35 mutual funds in the Emerging Markets Bonds category with lower 1-year volatility, going as low as 1.16%.

Symbol	Name	Volatility 1Y	AUM	Inception
DBLLX	DoubleLine Low Duration Emerging Markets Fixed Inc...	1.16%	—	Apr 2014	SHMDX vs DBLLX
DLENX	DoubleLine Emerging Markets Fixed Income Fund Clas...	1.93%	—	Apr 2010	SHMDX vs DLENX
PYCEX	Payden Emerging Markets Corporate Bond Fund	2.04%	—	Nov 2013	SHMDX vs PYCEX
SHCDX	Virtus Stone Harbor Emerg Mkts Corp Dbt	2.05%	—	May 2011	SHMDX vs SHCDX
DBLEX	DoubleLine Emerging Markets Fixed Income Fund	2.09%	—	Apr 2010	SHMDX vs DBLEX

Lowest Drawdown Alternatives to SHMDX

SHMDX has a 1-year max drawdown of -4.33%. There are 37 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
DBLLX	DoubleLine Low Duration Emerging Markets Fixed Inc...	-0.92%	—	Apr 2014	SHMDX vs DBLLX
DBLEX	DoubleLine Emerging Markets Fixed Income Fund	-1.81%	—	Apr 2010	SHMDX vs DBLEX
DLENX	DoubleLine Emerging Markets Fixed Income Fund Clas...	-1.83%	—	Apr 2010	SHMDX vs DLENX
SHCDX	Virtus Stone Harbor Emerg Mkts Corp Dbt	-1.90%	—	May 2011	SHMDX vs SHCDX
PYCEX	Payden Emerging Markets Corporate Bond Fund	-2.37%	—	Nov 2013	SHMDX vs PYCEX

Other Mutual Funds from Stone Harbor

The 1 most viewed Stone Harbor mutual funds shown here include SHLMX and span 1 categories.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
SHLMX	Virtus Stone Harbor Local Markets	Emerging Markets Bonds	26	1.05%	—	Jun 2010	SHMDX vs SHLMX

Often Compared With SHMDX

Investors most often compare SHMDX with NUKZ, EIDOX, AMAPX. These 16 comparison targets span 7 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
NUKZ	Range Nuclear Renaissance ETF	Energy Equities	29	9.01%	832.38M	Jan 2024	SHMDX vs NUKZ
EIDOX	Eaton Vance Emerging Markets Debt Opportunities Fu...	Emerging Markets Bonds	98	7.74%	—	Sep 2015	SHMDX vs EIDOX
AMAPX	Amana Participation Fund	Emerging Markets Bonds	45	0.26%	—	Sep 2015	SHMDX vs AMAPX
EELDX	Eaton Vance Emerging Markets Debt Opportunities Fu...	Emerging Markets Bonds	98	7.65%	—	Feb 2013	SHMDX vs EELDX
APFOX	Artisan Emerging Markets Debt Opportunities Fund	Emerging Markets Bonds	97	5.93%	—	Apr 2022	SHMDX vs APFOX
META	Meta Platforms, Inc.		19	-14.67%	—	—	SHMDX vs META
DEDIX	Delaware Emerging Markets Debt Corporate Fund	Emerging Markets Bonds	85	1.00%	—	Sep 2013	SHMDX vs DEDIX
SCHD	Schwab U.S. Dividend Equity ETF	Dividend	77	17.72%	99.95B	Oct 2011	SHMDX vs SCHD
QQQM	Invesco NASDAQ 100 ETF	Nasdaq-100	60	16.48%	101.29B	Oct 2020	SHMDX vs QQQM
ETN	Eaton Corporation plc		62	27.99%	—	—	SHMDX vs ETN
NVDA	NVIDIA Corporation		72	7.39%	—	—	SHMDX vs NVDA
VOO	Vanguard S&P 500 ETF	S&P 500	59	8.19%	1.70T	Sep 2010	SHMDX vs VOO
VT	Vanguard Total World Stock ETF	Global Equities	59	10.06%	95.30B	Jun 2008	SHMDX vs VT
AIQ	Global X Artificial Intelligence & Technology ETF	Technology Equities	58	24.56%	11.08B	May 2018	SHMDX vs AIQ
LRCX	Lam Research Corporation		98	117.34%	—	—	SHMDX vs LRCX
TSM	Taiwan Semiconductor Manufacturing Company Limited		93	44.34%	—	—	SHMDX vs TSM

Compare SHMDX with Any Fund or Stock

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

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Diversifiers

Pair SHMDX with funds that move differently

Virtus Stone Harbor Emerging Mkts Debt alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to SHMDX.

Explore SHMDX Diversifiers

Virtus Stone Harbor Emerging Mkts Debt (SHMDX) Alternatives