- ISIN
- US0030202529
- CUSIP
- 003020252
- Issuer
- Aberdeen
- Inception Date
- Aug 29, 2000
- Category
- Emerging Markets Diversified
- Min. Investment
- $1,000,000
- Distribution Policy
- Distributing
- Asset Class
- Multi-Asset
- Asset Class Size
- Large-Cap
- Asset Class Style
- Blend
Share Price Chart
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Performance
GLLSX Performance Chart
abrdn Emerging Markets ex-China Fund (GLLSX) is up 38.1% since the beginning of the year. GLLSX is currently trading at $22 per share. Investors who bought $1,000 worth of GLLSX shares 5 years ago would now be looking at an investment worth $2,114.
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Returns By Period
abrdn Emerging Markets ex-China Fund (GLLSX) has returned 38.06% so far this year and 65.08% over the past 12 months. Looking at the last ten years, GLLSX has achieved an annualized return of 13.97%, outperforming the S&P 500 Index benchmark, which averaged 13.27% per year.
abrdn Emerging Markets ex-China Fund
- 1D
- 0.68%
- 1M
- -1.46%
- 6M
- 30.05%
- YTD
- 38.06%
- 1Y
- 65.08%
- 3Y*
- 25.88%
- 5Y*
- 16.15%
- 10Y*
- 13.97%
Benchmark (S&P 500 Index)
- 1D
- -0.79%
- 1M
- 1.13%
- 6M
- 7.71%
- YTD
- 9.79%
- 1Y
- 20.06%
- 3Y*
- 18.60%
- 5Y*
- 11.43%
- 10Y*
- 13.27%
GLLSX Monthly Returns History
Based on dividend-adjusted daily data since Aug 3, 2012, GLLSX's average daily return is +0.05%, while the average monthly return is +0.97%. At this rate, an investment would double in approximately 6.0 years.
Historically, 57% of months were positive and 43% were negative. The best month was Dec 2021 with a return of +19.5%, while the worst month was Mar 2020 at -12.9%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 5 months.
On a daily basis, GLLSX closed higher 52% of trading days. The best single day was Dec 22, 2021 with a return of +14.8%, while the worst single day was Mar 16, 2020 at -11.6%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 11.19% | 9.45% | -10.58% | 18.46% | 10.18% | 1.14% | -3.90% | 38.06% | |||||
| 2025 | 1.07% | -4.72% | -0.43% | 3.69% | 4.80% | 8.05% | -0.15% | 1.98% | 7.10% | 8.44% | -2.47% | 3.82% | 34.81% |
| 2024 | -3.62% | 3.84% | 3.37% | -2.31% | 1.22% | 3.94% | 2.24% | -0.15% | -0.53% | -3.81% | -0.79% | -2.24% | 0.73% |
| 2023 | 7.92% | -5.05% | 4.06% | 1.49% | 0.91% | 4.44% | 2.95% | -4.05% | -3.25% | -4.09% | 9.47% | 6.03% | 21.35% |
| 2022 | -6.25% | -3.46% | -0.98% | -8.62% | 1.94% | -12.08% | 6.18% | -0.91% | -8.93% | 6.12% | 8.45% | -4.94% | -23.04% |
| 2021 | -1.21% | 2.38% | 1.45% | 5.77% | 1.76% | 1.04% | 3.25% | 1.93% | -5.63% | 6.14% | -2.87% | 19.47% | 36.50% |
Benchmark Metrics
abrdn Emerging Markets ex-China Fund has an annualized alpha of 0.29%, beta of 0.84, and R2 of 0.68 versus S&P 500 Index. Calculated based on daily prices since August 03, 2012.
- This fund participated in 96.98% of S&P 500 Index downside but only 88.59% of its upside - more exposed to losses than it benefited from rallies.
- Alpha
- 0.29%
- Beta
- 0.84
- R²
- 0.68
- Upside Capture
- 88.59%
- Downside Capture
- 96.98%
Expense Ratio
GLLSX has a high expense ratio of 1.23%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
GLLSX ranks 89 for risk / return — in the top 89% of mutual funds on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for abrdn Emerging Markets ex-China Fund (GLLSX) 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.
| GLLSX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.86 | ||
| Sortino ratioReturn per unit of downside risk | +0.71 | ||
| Omega ratioGain probability vs. loss probability | 1.46 | 1.29 | +0.17 |
| Calmar ratioReturn relative to maximum drawdown | 4.49 | 2.21 | +2.27 |
| Martin ratioReturn relative to average drawdown | 15.68 | 9.61 | +6.07 |
Dividends
Dividend History
abrdn Emerging Markets ex-China Fund provided a 1.36% dividend yield over the last twelve months, with an annual payout of $0.30 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.30 | $0.30 | $0.09 | $0.09 | $2.96 | $3.88 | $0.00 | $0.46 | $1.07 | $1.18 | $0.13 | $0.11 |
Dividend yield | 1.36% | 1.88% | 0.74% | 0.77% | 29.32% | 22.85% | 0.00% | 3.38% | 9.47% | 8.40% | 1.09% | 0.94% |
Monthly Dividends
The table displays the monthly dividend distributions for abrdn Emerging Markets ex-China 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 | $0.00 | $0.00 | $0.00 | |||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.30 | $0.30 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.09 | $0.09 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.09 | $0.09 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.96 | $2.96 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $3.88 | $3.88 |
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 abrdn Emerging Markets ex-China 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 abrdn Emerging Markets ex-China Fund was 32.59%, occurring on Mar 23, 2020. Recovery took 111 trading sessions.
The current abrdn Emerging Markets ex-China Fund drawdown is 7.46%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
COVID crash2020 | -32.59%Mar 2020 | 2mo 2d | 5mo 8d | 7mo 10dJan 2020 - Aug 2020 |
Bear market2022 | -30.02%Sep 2022 | 8mo 28d | 1y 9mo | 2y 6moJan 2022 - Jul 2024 |
2016 bear market2016 | -27.41%Jan 2016 | 1y 5mo | 1y 5mo | 2y 11moJul 2014 - Jul 2017 |
Rate-hike selloffLate 2018 | -21.00%Dec 2018 | 10mo 29d | 11mo 24d | 1y 10moJan 2018 - Dec 2019 |
2025 selloff2025 | -20.95%Apr 2025 | 8mo 25d | 2mo 19d | 11mo 14dJul 2024 - Jun 2025 |
Drawdown Indicators
| GLLSX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.59% | -56.78% | +24.19% |
Max Drawdown (1Y)Largest decline over 1 year | -14.39% | -9.10% | -5.29% |
Max Drawdown (3Y)Largest decline over 3 years | -20.95% | -18.90% | -2.05% |
Max Drawdown (5Y)Largest decline over 5 years | -30.02% | -25.43% | -4.59% |
Max Drawdown (10Y)Largest decline over 10 years | -32.59% | -33.92% | +1.33% |
Current DrawdownCurrent decline from peak | -7.46% | -1.24% | -6.22% |
Average DrawdownAverage peak-to-trough decline | -7.90% | -10.71% | +2.81% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.11% | 2.09% | +2.02% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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