USAA Emerging Markets Fund (USEMX) 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 USEMX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to USEMX
USEMX charges 1.47% annually. There are 148 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 | USEMX vs FPADX | |
| Fidelity SAI Emerging Markets Index Fund | 0.08% | — | Jan 2016 | USEMX vs FERGX | |
| Franklin Emerging Market Core Equity (IU) Fund Adv... | 0.17% | — | Jul 2019 | USEMX vs FCEEX | |
| State Street Emerging Markets Equity Index Fund | 0.17% | — | Dec 2015 | USEMX vs SSKEX | |
| UBS Emerging Markets Equity Opportunity Fund | 0.19% | — | May 2018 | USEMX vs EMPTX |
Best Risk-Adjusted Alternatives to USEMX
USEMX has a PortfoliosLab risk / return rank of 85. There are 41 mutual funds in the Emerging Markets Diversified category with higher risk-adjusted ranks, going as high as 97.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Delaware Emerging Markets Fund | 97 | — | Jun 1996 | USEMX vs DEMIX | |
| Franklin Templeton SMACS: Series EM | 96 | — | Nov 2021 | USEMX vs FQEMX | |
| Martin Currie SMA-Shares Series EM Fund | 95 | — | Jan 2018 | USEMX vs LCSMX | |
| GMO Emerging Markets ex-China Fund | 94 | — | Oct 2021 | USEMX vs GMAQX | |
| LSV Emerging Markets Equity Fund | 93 | — | Jan 2019 | USEMX vs LVAZX |
Top Performing USEMX Alternatives (YTD)
USEMX is at 28.32% YTD. There are 27 mutual funds in the Emerging Markets Diversified category with higher YTD returns, going as high as 125.98%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Delaware Emerging Markets Fund | 125.98% | — | Jun 1996 | USEMX vs DEMIX | |
| Franklin Templeton SMACS: Series EM | 75.65% | — | Nov 2021 | USEMX vs FQEMX | |
| Martin Currie SMA-Shares Series EM Fund | 57.98% | — | Jan 2018 | USEMX vs LCSMX | |
| GMO Emerging Markets ex-China Fund | 44.54% | — | Oct 2021 | USEMX vs GMAQX | |
| Invesco EQV Emerging Markets All Cap Fd | 40.89% | — | Jan 1994 | USEMX vs GTDDX |
Lowest Volatility Alternatives to USEMX
USEMX has 21.29% 1-year volatility. There are 111 mutual funds in the Emerging Markets Diversified category with lower 1-year volatility, going as low as 11.19%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Ashmore Emerging Markets Small Cap Equity Fund | 11.19% | — | Oct 2011 | USEMX vs ESCIX | |
| Virtus KAR Emerging Markets Small-Cap Fund | 11.54% | — | Dec 2013 | USEMX vs VIESX | |
| GQG Partners Emerging Markets Equity Fund | 11.57% | — | Dec 2016 | USEMX vs GQGPX | |
| The Cook & Bynum Fund | 11.91% | — | Jun 2009 | USEMX vs COBYX | |
| BlackRock Defensive Advantage Emerging Markets Fun... | 12.07% | — | Dec 2020 | USEMX vs BADEX |
Lowest Drawdown Alternatives to USEMX
USEMX has a 1-year max drawdown of -12.93%. There are 67 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 | USEMX vs ESCIX | |
| Wasatch Emerging Markets Small Cap Fund | -7.89% | — | Sep 2007 | USEMX vs WAEMX | |
| BlackRock Defensive Advantage Emerging Markets Fun... | -8.89% | — | Dec 2020 | USEMX vs BADEX | |
| The Cook & Bynum Fund | -8.95% | — | Jun 2009 | USEMX vs COBYX | |
| GQG Partners Emerging Markets Equity Fund | -9.12% | — | Dec 2016 | USEMX vs GQGPX |
Other Mutual Funds from Victory
The 10 most viewed Victory mutual funds shown here include USNQX, USSPX, CBYYX and span 8 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| USAA Nasdaq 100 Index Fund | Nasdaq-100, Large Cap Growth Equities | 52 | 16.40% | — | Oct 2000 | USEMX vs USNQX | |
| USAA 500 Index Fund | Large Cap Blend Equities | 51 | 8.37% | — | May 1996 | USEMX vs USSPX | |
| Victory Pioneer Cat Bond Fund Class Y | Nontraditional Bonds | 100 | 2.82% | — | Jan 2023 | USEMX vs CBYYX | |
| USAA Aggressive Growth Fund | Large Cap Growth Equities | 12 | 2.23% | — | Oct 1981 | USEMX vs USAUX | |
| USAA Precious Metals and Minerals Fund | Precious Metals | 16 | -9.42% | — | Aug 1984 | USEMX vs USAGX | |
| Victory Global Energy Transition Fund | Energy Equities | 96 | 31.43% | — | Nov 1995 | USEMX vs RSNRX | |
| USAA Growth Fund | Large Cap Growth Equities | 8 | -2.07% | — | Apr 1971 | USEMX vs USAAX | |
| USAA Cornerstone Moderately Aggressive Fund | Diversified Portfolio | 63 | 7.78% | — | Aug 1984 | USEMX vs USCRX | |
| USAA Growth and Tax Strategy Fund | Diversified Portfolio | 75 | 5.42% | — | Jan 1989 | USEMX vs USBLX | |
| USAA High Income Fund | High Yield Bonds | 71 | 1.40% | — | Aug 1999 | USEMX vs USHYX |
Often Compared With USEMX
Investors most often compare USEMX with MSTY, QQQ, HLFMX. These 14 comparison targets span 3 categories, based on PortfoliosLab usage data.
Compare USEMX with Any Fund or Stock
Compare USEMX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair USEMX with funds that move differently
USAA Emerging Markets Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to USEMX.
Explore USEMX Diversifiers