AACFX vs. FXI
Compare and contrast key facts about Invesco Greater China Fund (AACFX) and iShares China Large-Cap ETF (FXI).
AACFX is managed by Invesco. It was launched on Mar 30, 2006. FXI is a passively managed fund by iShares that tracks the performance of the FTSE China 25 Index. It was launched on Oct 5, 2004.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AACFX or FXI.
Key characteristics
| AACFX | FXI | |
|---|---|---|
| YTD Return | 9.23% | 11.61% |
| 1Y Return | -4.12% | -2.73% |
| 3Y Return (Ann) | -15.78% | -14.52% |
| 5Y Return (Ann) | -4.16% | -6.32% |
| 10Y Return (Ann) | 2.69% | -0.03% |
| Sharpe Ratio | -0.29 | -0.15 |
| Daily Std Dev | 18.83% | 28.06% |
| Max Drawdown | -71.35% | -72.68% |
| Current Drawdown | -48.04% | -47.17% |
Correlation
The correlation between AACFX and FXI is 0.86, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
AACFX vs. FXI - Performance Comparison
In the year-to-date period, AACFX achieves a 9.23% return, which is significantly lower than FXI's 11.61% return. Over the past 10 years, AACFX has outperformed FXI with an annualized return of 2.69%, while FXI has yielded a comparatively lower -0.03% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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AACFX vs. FXI - Expense Ratio Comparison
AACFX has a 1.55% expense ratio, which is higher than FXI's 0.74% expense ratio.
Risk-Adjusted Performance
AACFX vs. FXI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Greater China Fund (AACFX) and iShares China Large-Cap ETF (FXI). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
AACFX vs. FXI - Dividend Comparison
AACFX's dividend yield for the trailing twelve months is around 1.77%, less than FXI's 2.84% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AACFX Invesco Greater China Fund | 1.77% | 1.93% | 1.62% | 0.07% | 0.51% | 1.04% | 20.63% | 0.54% | 0.73% | 1.07% | 0.44% | 1.01% |
FXI iShares China Large-Cap ETF | 2.84% | 3.17% | 2.60% | 1.59% | 2.18% | 2.72% | 2.68% | 2.30% | 2.68% | 2.89% | 2.50% | 2.63% |
Drawdowns
AACFX vs. FXI - Drawdown Comparison
The maximum AACFX drawdown since its inception was -71.35%, roughly equal to the maximum FXI drawdown of -72.68%. Use the drawdown chart below to compare losses from any high point for AACFX and FXI. For additional features, visit the drawdowns tool.
Volatility
AACFX vs. FXI - Volatility Comparison
The current volatility for Invesco Greater China Fund (AACFX) is 5.10%, while iShares China Large-Cap ETF (FXI) has a volatility of 8.42%. This indicates that AACFX experiences smaller price fluctuations and is considered to be less risky than FXI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.