AAS.L vs. BISAX
AAS.L (Abrdn Asia Focus plc) is a stock, while BISAX (Brandes International Small Cap Equity Fund) is Foreign Small & Mid Cap Equities fund managed by Brandes. Over the past 10 years, AAS.L returned 16.32%/yr vs 11.27%/yr for BISAX. At a 0.29 correlation, their price movements are largely independent.
Performance
AAS.L vs. BISAX - Performance Comparison
Loading charts...
Different Trading Currencies
AAS.L is traded in GBp, while BISAX is traded in USD. To make them comparable, the BISAX values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, AAS.L achieves a 15.99% return, which is significantly higher than BISAX's -0.70% return. Over the past 10 years, AAS.L has outperformed BISAX with an annualized return of 16.32%, while BISAX has yielded a comparatively lower 11.27% annualized return.
AAS.L
- 1D
- 0.24%
- 1M
- -8.18%
- YTD
- 15.99%
- 6M
- 15.36%
- 1Y
- 37.00%
- 3Y*
- 20.94%
- 5Y*
- 13.50%
- 10Y*
- 16.32%
BISAX
- 1D
- -0.58%
- 1M
- -2.78%
- YTD
- -0.70%
- 6M
- 0.58%
- 1Y
- 11.79%
- 3Y*
- 25.10%
- 5Y*
- 17.74%
- 10Y*
- 11.27%
AAS.L vs. BISAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AAS.L Abrdn Asia Focus plc | 15.99% | 26.73% | 13.15% | 6.64% | -10.14% | 28.05% | 19.52% | 16.63% | 4.69% | 20.45% |
BISAX Brandes International Small Cap Equity Fund | -0.70% | 35.13% | 25.33% | 32.08% | 2.17% | 19.51% | 1.55% | 2.73% | -15.39% | 1.88% |
Correlation
The correlation between AAS.L and BISAX is 0.30, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.30 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.24 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.22 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.25 |
Correlation (All Time) Calculated using the full available price history since Feb 1, 2012 | 0.29 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
AAS.L vs. BISAX — Risk / Return Rank
AAS.L
BISAX
AAS.L vs. BISAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Abrdn Asia Focus plc (AAS.L) and Brandes International Small Cap Equity Fund (BISAX). 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.
| AAS.L | BISAX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.81 | ||
| Sortino ratioReturn per unit of downside risk | +1.04 | ||
| Omega ratioGain probability vs. loss probability | 1.37 | 1.21 | +0.16 |
| Calmar ratioReturn relative to maximum drawdown | 2.84 | 1.17 | +1.67 |
| Martin ratioReturn relative to average drawdown | 9.46 | 3.31 | +6.15 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| AAS.L | BISAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.99 | 1.19 | +0.81 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.70 | 1.61 | -0.91 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.85 | 0.90 | -0.06 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.00 | 1.01 | -1.01 |
Drawdowns
AAS.L vs. BISAX - Drawdown Comparison
The maximum AAS.L drawdown since its inception was -99.97%, which is greater than BISAX's maximum drawdown of -38.93%. Use the drawdown chart below to compare losses from any high point for AAS.L and BISAX.
Loading charts...
Drawdown Indicators
| AAS.L | BISAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.97% | -38.93% | -61.04% |
Max Drawdown (1Y)Largest decline over 1 year | -12.97% | -10.73% | -2.24% |
Max Drawdown (3Y)Largest decline over 3 years | -14.76% | -10.73% | -4.03% |
Max Drawdown (5Y)Largest decline over 5 years | -23.17% | -15.48% | -7.69% |
Max Drawdown (10Y)Largest decline over 10 years | -35.82% | -38.93% | +3.11% |
Current DrawdownCurrent decline from peak | -78.43% | -8.84% | -69.59% |
Average DrawdownAverage peak-to-trough decline | -80.82% | -6.20% | -74.62% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.90% | 3.78% | +0.12% |
Volatility
AAS.L vs. BISAX - Volatility Comparison
Abrdn Asia Focus plc (AAS.L) has a higher volatility of 6.52% compared to Brandes International Small Cap Equity Fund (BISAX) at 2.57%. This indicates that AAS.L's price experiences larger fluctuations and is considered to be riskier than BISAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| AAS.L | BISAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.52% | 2.57% | +3.95% |
Volatility (6M)Calculated over the trailing 6-month period | 16.04% | 8.61% | +7.43% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.53% | 10.61% | +7.92% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.19% | 11.06% | +8.13% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.27% | 12.53% | +6.74% |
Dividends
AAS.L vs. BISAX - Dividend Comparison
AAS.L's dividend yield for the trailing twelve months is around 1.53%, less than BISAX's 3.28% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AAS.L Abrdn Asia Focus plc | 1.53% | 1.77% | 2.53% | 3.26% | 4.11% | 0.00% | 8.14% | 8.84% | 8.40% | 7.58% | 5.54% | 10.18% |
BISAX Brandes International Small Cap Equity Fund | 3.28% | 3.23% | 3.06% | 2.81% | 3.87% | 3.46% | 0.81% | 0.66% | 3.88% | 8.33% | 4.00% | 3.44% |
Frequently Asked Questions
AAS.L and BISAX have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Find the right allocation for AAS.L and BISAX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer