VELA International Fund (VEITX) belongs to the Foreign Large 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 VEITX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to VEITX
VEITX charges 1.20% annually. There are 351 mutual funds in the Foreign Large Cap Equities category with lower expense ratios, going as low as 0.01%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity Series Global ex U.S. Index Fund | 0.01% | — | Sep 2009 | VEITX vs FSGEX | |
| Fidelity Series Overseas Fund | 0.01% | — | Jun 2019 | VEITX vs FSOSX | |
| Fidelity Series International Value Fund | 0.01% | — | Dec 2009 | VEITX vs FINVX | |
| Fidelity Series International Index Fund | 0.01% | — | Aug 2018 | VEITX vs FHLFX | |
| Fidelity Series International Growth Fund | 0.01% | — | Dec 2009 | VEITX vs FIGSX |
Best Risk-Adjusted Alternatives to VEITX
VEITX has a PortfoliosLab risk / return rank of 23. There are 309 mutual funds in the Foreign Large Cap Equities category with higher risk-adjusted ranks, going as high as 93.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| American Beacon Tocqueville International Value Fu... | 93 | — | Aug 1994 | VEITX vs TIVFX | |
| Touchstone International Equity Fund | 93 | — | Mar 1993 | VEITX vs SWRLX | |
| GMO Tax-Managed International Equities Fund | 91 | — | Jul 1998 | VEITX vs GTMIX | |
| Thornburg Global Opportunities Fund | 91 | — | Jul 2006 | VEITX vs THOIX | |
| Dunham International Stock Fund | 90 | — | Dec 2004 | VEITX vs DCINX |
Top Performing VEITX Alternatives (YTD)
VEITX is at 3.81% YTD. There are 387 mutual funds in the Foreign Large Cap Equities category with higher YTD returns, going as high as 38.55%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| American Beacon Tocqueville International Value Fu... | 38.55% | — | Aug 1994 | VEITX vs TIVFX | |
| Calamos International Growth Fund | 35.71% | — | Mar 2005 | VEITX vs CIGIX | |
| Lord Abbett International Growth Fund | 31.62% | — | Jun 2021 | VEITX vs LIAGX | |
| Fidelity SAI International SMA Completion Fund | 31.45% | — | Apr 2019 | VEITX vs FISZX | |
| John Hancock International Dynamic Growth Fund | 30.75% | — | May 2019 | VEITX vs JIJIX |
Lowest Volatility Alternatives to VEITX
VEITX has 12.88% 1-year volatility. There are 31 mutual funds in the Foreign Large Cap Equities category with lower 1-year volatility, going as low as 8.76%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity Advisor Overseas Fund Class Z | 8.76% | — | Feb 2017 | VEITX vs FAOSX | |
| Fidelity Advisor Overseas Fund Class C | 8.76% | — | Nov 1997 | VEITX vs FAOCX | |
| Fidelity Advisor Overseas Fund Class A | 8.76% | — | Sep 1996 | VEITX vs FAOAX | |
| Fidelity Advisor Overseas Fund Class M | 8.78% | — | Apr 1990 | VEITX vs FAERX | |
| Fidelity Advisor Overseas Fund Class I | 8.78% | — | Jul 1995 | VEITX vs FAOIX |
Lowest Drawdown Alternatives to VEITX
VEITX has a 1-year max drawdown of -11.04%. There are 102 mutual funds in the Foreign Large Cap Equities category with shallower 1-year drawdowns, going as shallow as -6.94%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Redwood AlphaFactor Tactical International Fund | -6.94% | — | Nov 2017 | VEITX vs RWIIX | |
| Federated Hermes International Strategic Value Div... | -6.97% | — | Jun 2008 | VEITX vs IVFIX | |
| Fidelity Advisor Overseas Fund Class Z | -7.26% | — | Feb 2017 | VEITX vs FAOSX | |
| Fidelity Advisor Overseas Fund Class I | -7.28% | — | Jul 1995 | VEITX vs FAOIX | |
| Fidelity Advisor Overseas Fund Class M | -7.29% | — | Apr 1990 | VEITX vs FAERX |
Other Mutual Funds from VELA Funds
The 2 most viewed VELA Funds mutual funds shown here include VESMX, VELIX and span 2 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| VELA Small Cap Fund | Small Cap Value Equities | 22 | 4.89% | — | Sep 2020 | VEITX vs VESMX | |
| VELA Large Cap Plus Fund | Large Cap Blend Equities | 9 | -1.65% | — | Sep 2020 | VEITX vs VELIX |
Often Compared With VEITX
Investors most often compare VEITX with VTIAX, TBGVX, GSINX. These 20 comparison targets span 2 categories, based on PortfoliosLab usage data.
Compare VEITX with Any Fund or Stock
Compare VEITX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair VEITX with funds that move differently
VELA International Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to VEITX.
Explore VEITX Diversifiers