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Matthews Emerging Markets Small Companies Fund (MS...
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Fund Info

ISIN

US5771252062

CUSIP

577125206

Issuer

Matthews Asia Funds

Inception Date

Sep 14, 2008

Min. Investment

$2,500

Asset Class

Multi-Asset

Asset Class Size

Mid-Cap

Asset Class Style

Growth

Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Popular comparisons:
MSMLX vs. MASGX MSMLX vs. OBEMX MSMLX vs. GSINX MSMLX vs. HSCZ MSMLX vs. FEDDX MSMLX vs. ^GSPC MSMLX vs. VEMAX MSMLX vs. EEMS MSMLX vs. HAWX MSMLX vs. FIVFX
Popular comparisons:
MSMLX vs. MASGX MSMLX vs. OBEMX MSMLX vs. GSINX MSMLX vs. HSCZ MSMLX vs. FEDDX MSMLX vs. ^GSPC MSMLX vs. VEMAX MSMLX vs. EEMS MSMLX vs. HAWX MSMLX vs. FIVFX

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Matthews Emerging Markets Small Companies Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


-5.00%0.00%5.00%10.00%JuneJulyAugustSeptemberOctoberNovember
-4.61%
12.53%
MSMLX (Matthews Emerging Markets Small Companies Fund)
Benchmark (^GSPC)

Returns By Period

Matthews Emerging Markets Small Companies Fund had a return of -3.53% year-to-date (YTD) and -7.12% in the last 12 months. Over the past 10 years, Matthews Emerging Markets Small Companies Fund had an annualized return of 1.64%, while the S&P 500 had an annualized return of 11.21%, indicating that Matthews Emerging Markets Small Companies Fund did not perform as well as the benchmark.


MSMLX

YTD

-3.53%

1M

-5.20%

6M

-4.61%

1Y

-7.12%

5Y (annualized)

7.55%

10Y (annualized)

1.64%

^GSPC (Benchmark)

YTD

25.15%

1M

2.97%

6M

12.53%

1Y

31.00%

5Y (annualized)

13.95%

10Y (annualized)

11.21%

Monthly Returns

The table below presents the monthly returns of MSMLX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024-2.23%5.09%-2.78%0.04%-1.10%1.39%1.10%2.17%3.41%-5.57%-3.53%
20238.45%-4.51%1.88%2.63%-0.80%6.13%8.06%-5.49%-2.31%-6.29%9.31%-3.65%12.25%
2022-5.75%-3.90%-1.88%-5.68%4.70%-6.93%1.19%1.54%-9.16%-0.61%12.31%-9.03%-22.59%
20213.55%1.12%-4.16%5.92%4.03%7.15%3.16%-1.48%-0.29%4.14%-0.15%-7.57%15.39%
2020-0.66%-1.67%-17.87%14.60%5.77%13.24%2.96%3.07%0.05%0.66%6.76%14.29%43.59%
20194.58%2.90%1.74%2.30%-4.38%5.18%-1.95%-1.05%3.19%2.75%-2.34%3.72%17.38%
20183.89%-3.53%1.70%-2.01%3.28%-4.07%-3.09%-1.50%-4.81%-10.40%5.15%-19.74%-32.01%
20172.73%3.63%3.75%1.47%1.17%0.97%3.03%2.98%-0.13%1.56%2.30%-4.26%20.66%
2016-6.44%-0.61%6.26%-0.10%-0.05%0.68%3.27%2.46%2.35%-2.16%-3.57%-2.89%-1.44%
20150.28%1.53%0.50%5.83%0.60%-2.74%-6.33%-11.83%-0.05%4.48%-2.04%1.18%-9.43%
2014-3.31%5.99%1.77%-0.50%3.69%3.65%0.65%2.76%-1.52%-1.37%1.20%-1.77%11.39%
20131.10%2.95%1.11%1.89%2.98%-6.34%0.21%-6.60%5.93%5.27%-0.66%-0.04%7.19%

Expense Ratio

MSMLX has a high expense ratio of 1.37%, indicating higher-than-average management fees.


Expense ratio chart for MSMLX: current value at 1.37% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.37%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of MSMLX is 1, indicating that it is in the bottom 1% of mutual funds on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.


The Risk-Adjusted Performance Rank of MSMLX is 11
Combined Rank
The Sharpe Ratio Rank of MSMLX is 11
Sharpe Ratio Rank
The Sortino Ratio Rank of MSMLX is 11
Sortino Ratio Rank
The Omega Ratio Rank of MSMLX is 11
Omega Ratio Rank
The Calmar Ratio Rank of MSMLX is 11
Calmar Ratio Rank
The Martin Ratio Rank of MSMLX is 00
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for Matthews Emerging Markets Small Companies Fund (MSMLX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


Sharpe ratio
The chart of Sharpe ratio for MSMLX, currently valued at -0.46, compared to the broader market-1.000.001.002.003.004.005.00-0.462.53
The chart of Sortino ratio for MSMLX, currently valued at -0.52, compared to the broader market0.005.0010.00-0.523.39
The chart of Omega ratio for MSMLX, currently valued at 0.94, compared to the broader market1.002.003.004.000.941.47
The chart of Calmar ratio for MSMLX, currently valued at -0.26, compared to the broader market0.005.0010.0015.0020.00-0.263.65
The chart of Martin ratio for MSMLX, currently valued at -1.56, compared to the broader market0.0020.0040.0060.0080.00100.00-1.5616.21
MSMLX
^GSPC

The current Matthews Emerging Markets Small Companies Fund Sharpe ratio is -0.46. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of Matthews Emerging Markets Small Companies Fund with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.

Rolling 12-month Sharpe Ratio-1.000.001.002.003.00JuneJulyAugustSeptemberOctoberNovember
-0.46
2.53
MSMLX (Matthews Emerging Markets Small Companies Fund)
Benchmark (^GSPC)

Dividends

Dividend History

Matthews Emerging Markets Small Companies Fund provided a 1.65% dividend yield over the last twelve months, with an annual payout of $0.41 per share.


0.00%0.50%1.00%1.50%$0.00$0.10$0.20$0.30$0.4020132014201520162017201820192020202120222023
Dividends
Dividend Yield
PeriodTTM20232022202120202019201820172016201520142013
Dividend$0.41$0.41$0.09$0.00$0.06$0.09$0.08$0.10$0.08$0.03$0.08$0.09

Dividend yield

1.65%1.59%0.39%0.00%0.21%0.51%0.49%0.43%0.43%0.13%0.39%0.48%

Monthly Dividends

The table displays the monthly dividend distributions for Matthews Emerging Markets Small Companies Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
2023$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.41$0.41
2022$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
2021$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
2020$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.06$0.06
2019$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
2018$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.08$0.08
2017$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.10$0.10
2016$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.08$0.08
2015$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.03$0.03
2014$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.08$0.08
2013$0.09$0.09

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.


-25.00%-20.00%-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-25.90%
-0.53%
MSMLX (Matthews Emerging Markets Small Companies Fund)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the Matthews Emerging Markets Small Companies 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 Matthews Emerging Markets Small Companies Fund was 45.68%, occurring on Mar 23, 2020. Recovery took 187 trading sessions.

The current Matthews Emerging Markets Small Companies Fund drawdown is 25.90%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-45.68%Jun 13, 2018447Mar 23, 2020187Dec 16, 2020634
-36.4%Sep 22, 200844Nov 20, 2008114May 7, 2009158
-35.74%Jul 27, 2011102Dec 19, 2011649Jul 23, 2014751
-34.27%Nov 17, 2021229Oct 14, 2022
-25.43%Jun 2, 2015162Jan 21, 2016416Sep 14, 2017578

Volatility

Volatility Chart

The current Matthews Emerging Markets Small Companies Fund volatility is 4.34%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%JuneJulyAugustSeptemberOctoberNovember
4.34%
3.97%
MSMLX (Matthews Emerging Markets Small Companies Fund)
Benchmark (^GSPC)