- ISIN
- US0448208191
- CUSIP
- 044820819
- Issuer
- Ashmore
- Inception Date
- Jun 20, 2011
- Category
- Emerging Markets Equities
- Min. Investment
- $1,000,000
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Growth
Share Price Chart
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Performance
EMFIX Performance Chart
Ashmore Emerging Markets Equity Fund (EMFIX) is up 19.8% since the beginning of the year. EMFIX is currently trading at $17 per share. Investors who bought $1,000 worth of EMFIX shares 5 years ago would now be looking at an investment worth $1,353.
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Returns By Period
Ashmore Emerging Markets Equity Fund (EMFIX) has returned 19.78% so far this year and 43.14% over the past 12 months. Over the last ten years, EMFIX has returned 12.23% per year, falling short of the S&P 500 Index benchmark, which averaged 13.26% annually.
Ashmore Emerging Markets Equity Fund
- 1D
- 3.15%
- 1M
- -5.13%
- 6M
- 8.86%
- YTD
- 19.78%
- 1Y
- 43.14%
- 3Y*
- 18.99%
- 5Y*
- 6.23%
- 10Y*
- 12.23%
- ALL TIME*
- 5.96%
Benchmark (S&P 500 Index)
- 1D
- 0.70%
- 1M
- 0.09%
- 6M
- 7.94%
- YTD
- 9.41%
- 1Y
- 20.07%
- 3Y*
- 17.84%
- 5Y*
- 11.25%
- 10Y*
- 13.26%
- ALL TIME*
- 8.09%
EMFIX Monthly Returns History
Based on dividend-adjusted daily data since Jun 23, 2011, EMFIX's average daily return is +0.03%, while the average monthly return is +0.65%. At this rate, an investment would double in approximately 8.9 years.
Historically, 59% of months were positive and 41% were negative. The best month was Nov 2022 with a return of +16.9%, while the worst month was Mar 2020 at -19.2%. The longest winning streak lasted 9 consecutive months, and the longest losing streak was 6 months.
On a daily basis, EMFIX closed higher 51% of trading days. The best single day was Mar 13, 2020 with a return of +7.7%, while the worst single day was Mar 16, 2020 at -12.5%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 10.04% | 5.04% | -10.63% | 15.35% | 8.78% | 0.71% | -8.24% | 19.78% | |||||
| 2025 | 1.58% | 1.19% | -1.27% | 1.10% | 5.63% | 6.85% | -0.57% | 4.31% | 6.40% | 4.40% | -1.54% | 2.89% | 35.16% |
| 2024 | -4.17% | 4.76% | 2.96% | 0.67% | 3.43% | 2.95% | -3.67% | 3.44% | 4.81% | -3.52% | -3.20% | -0.92% | 7.08% |
| 2023 | 9.67% | -7.64% | 3.03% | -2.68% | -1.17% | 7.69% | 4.41% | -7.30% | -3.92% | -3.46% | 10.64% | 2.15% | 9.68% |
| 2022 | -4.49% | -9.73% | -4.09% | -7.16% | 1.95% | -7.76% | 1.64% | 0.00% | -11.62% | -2.69% | 16.94% | 0.14% | -26.09% |
| 2021 | 3.75% | 1.81% | -1.84% | 2.52% | 3.02% | 3.42% | -4.55% | 1.92% | -4.13% | 2.92% | -4.00% | -0.29% | 4.05% |
Benchmark Metrics
Ashmore Emerging Markets Equity Fund has an annualized alpha of -3.19%, beta of 0.84, and R2 of 0.54 versus S&P 500 Index. Calculated based on daily prices since June 23, 2011.
- This fund participated in 110.68% of S&P 500 Index downside but only 82.28% of its upside - more exposed to losses than it benefited from rallies.
- This fund had an annualized alpha of -3.19% versus S&P 500 Index - delivering less than market exposure alone would predict.
- Alpha
- -3.19%
- Beta
- 0.84
- R²
- 0.54
- Upside Capture
- 82.28%
- Downside Capture
- 110.68%
Expense Ratio
EMFIX has a high expense ratio of 1.17%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
EMFIX ranks 72 for risk / return — above 72% of mutual funds peers on PortfoliosLab. Its historical combined result is above most peers.
Risk / Return Metrics
The table below present risk-adjusted performance metrics for Ashmore Emerging Markets Equity Fund (EMFIX) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| EMFIX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.36 | ||
| Sortino ratioReturn per unit of downside risk | +0.35 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 1.25 | +0.06 |
| Calmar ratioReturn relative to maximum drawdown | 2.96 | 2.00 | +0.96 |
| Martin ratioReturn relative to average drawdown | 9.09 | 8.49 | +0.60 |
Dividends
Dividend History
Ashmore Emerging Markets Equity Fund provided a 1.36% dividend yield over the last twelve months, with an annual payout of $0.23 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.23 | $0.23 | $0.07 | $0.13 | $0.08 | $2.83 | $0.35 | $0.25 | $0.08 | $0.24 | $0.08 |
Dividend yield | 1.36% | 1.65% | 0.61% | 1.25% | 0.82% | 22.32% | 2.32% | 2.16% | 0.82% | 2.12% | 1.00% |
Monthly Dividends
The table displays the monthly dividend distributions for Ashmore Emerging Markets Equity Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.04 | $0.00 | $0.04 | |||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.18 | $0.23 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.05 | $0.07 |
| 2023 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.01 | $0.13 |
| 2022 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.02 | $0.08 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.83 | $2.83 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Ashmore Emerging Markets Equity Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Ashmore Emerging Markets Equity Fund was 44.99%, occurring on Jan 21, 2016. Recovery took 386 trading sessions.
The current Ashmore Emerging Markets Equity Fund drawdown is 10.51%.
Drawdown | Fall | Recovery | Underwater | Related event |
|---|---|---|---|---|
-44.99%Jan 2016 | 4y 6mo | 1y 6mo | 6y 27dJul 2011 - Aug 2017 | — |
-43.54%Oct 2022 | 1y 8mo | 2y 10mo | 4y 7moFeb 2021 - Sep 2025 | Bear market2022 |
-35.81%Mar 2020 | 1mo 28d | 4mo 19d | 6mo 17dJan 2020 - Aug 2020 | COVID crash2020 |
-27.52%Oct 2018 | 9mo 3d | 1y 2mo | 1y 11moJan 2018 - Jan 2020 | Rate-hike selloffLate 2018 |
-13.24%Jul 2026 | 1mo 6d | — | 1mo 11dJun 2026 - now | — |
Drawdown Indicators
| EMFIX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -44.99% | -56.78% | +11.79% |
Max Drawdown (1Y)Largest decline over 1 year | -13.24% | -9.10% | -4.14% |
Max Drawdown (3Y)Largest decline over 3 years | -19.91% | -18.90% | -1.01% |
Max Drawdown (5Y)Largest decline over 5 years | -41.76% | -25.43% | -16.33% |
Max Drawdown (10Y)Largest decline over 10 years | -43.54% | -33.92% | -9.62% |
Current DrawdownCurrent decline from peak | -10.51% | -1.58% | -8.93% |
Average DrawdownAverage peak-to-trough decline | -16.82% | -10.70% | -6.12% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.30% | 2.14% | +2.16% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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