ABEMX vs. FAX

Last updated Apr 1, 2026

Compare and contrast key facts about abrdn Emerging Markets Fund (ABEMX) and abrdn Asia-Pacific Income Fund Inc (FAX).

ABEMX is managed by Aberdeen. It was launched on May 10, 2007. FAX is managed by Aberdeen. It was launched on Jan 2, 1990.

Performance

ABEMX vs. FAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in abrdn Emerging Markets Fund (ABEMX) and abrdn Asia-Pacific Income Fund Inc (FAX). The values are adjusted to include any dividend payments, if applicable.

ABEMX vs. FAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ABEMX abrdn Emerging Markets Fund	0.00%	32.43%	3.98%	6.67%	-26.23%	7.15%	27.65%	20.42%	-14.65%	30.25%
FAX abrdn Asia-Pacific Income Fund Inc	-2.95%	18.23%	2.31%	16.53%	-22.83%	-7.20%	14.08%	19.48%	-12.72%	14.65%

Returns By Period

Over the past 10 years, ABEMX has outperformed FAX with an annualized return of 7.45%, while FAX has yielded a comparatively lower 2.82% annualized return.

ABEMX

• 1D: -1.12%
• 1M: -12.29%
• YTD: 0.00%
• 6M: 3.92%
• 1Y: 31.27%
• 3Y*: 11.71%
• 5Y*: 2.66%
• 10Y*: 7.45%

FAX

• 1D: 1.34%
• 1M: -9.09%
• YTD: -2.95%
• 6M: -5.62%
• 1Y: 4.25%
• 3Y*: 9.50%
• 5Y*: 0.61%
• 10Y*: 2.82%

*Multi-year figures are annualized to reflect compound growth (CAGR)

ABEMX vs. FAX - Expense Ratio Comparison

ABEMX has a 1.10% expense ratio, which is lower than FAX's 3.33% expense ratio.

FAX

abrdn Asia-Pacific Income Fund Inc

ABEMX

abrdn Emerging Markets Fund

Return for Risk

ABEMX vs. FAX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ABEMX

ABEMX Risk / Return Rank: 84
ABEMX Sharpe Ratio Rank: 86
ABEMX Sortino Ratio Rank: 85
ABEMX Omega Ratio Rank: 82
ABEMX Calmar Ratio Rank: 84
ABEMX Martin Ratio Rank: 84

FAX

FAX Risk / Return Rank: 12
FAX Sharpe Ratio Rank: 13
FAX Sortino Ratio Rank: 11
FAX Omega Ratio Rank: 11
FAX Calmar Ratio Rank: 14
FAX Martin Ratio Rank: 12

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ABEMX vs. FAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for abrdn Emerging Markets Fund (ABEMX) and abrdn Asia-Pacific Income Fund Inc (FAX). 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.

	ABEMX	FAX	Difference
Sharpe ratio Return per unit of total volatility	1.70	0.31	+1.39
Sortino ratio Return per unit of downside risk	2.26	0.48	+1.77
Omega ratio Gain probability vs. loss probability	1.33	1.07	+0.26
Calmar ratio Return relative to maximum drawdown	2.07	0.40	+1.67
Martin ratio Return relative to average drawdown	8.65	1.04	+7.61
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ABEMX vs. FAX - Sharpe Ratio Comparison

The current ABEMX Sharpe Ratio is 1.70, which is higher than the FAX Sharpe Ratio of 0.31. The chart below compares the historical Sharpe Ratios of ABEMX and FAX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	ABEMX	FAX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.70	0.31	+1.39
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.15	0.04	+0.11
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.41	0.17	+0.23
Sharpe Ratio (All Time) Calculated using the full available price history	0.30	0.16	+0.14

Correlation

The correlation between ABEMX and FAX is 0.38, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

ABEMX vs. FAX - Dividend Comparison

ABEMX's dividend yield for the trailing twelve months is around 6.11%, less than FAX's 13.73% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ABEMX abrdn Emerging Markets Fund	6.11%	6.11%	0.99%	1.42%	1.82%	22.95%	0.68%	1.85%	1.57%	1.32%	1.23%	2.47%
FAX abrdn Asia-Pacific Income Fund Inc	13.73%	12.91%	13.45%	12.18%	12.55%	8.64%	7.42%	8.29%	10.85%	8.61%	9.07%	9.19%

Drawdowns

ABEMX vs. FAX - Drawdown Comparison

The maximum ABEMX drawdown since its inception was -54.52%, smaller than the maximum FAX drawdown of -63.96%. Use the drawdown chart below to compare losses from any high point for ABEMX and FAX.

Drawdown Indicators

	ABEMX	FAX	Difference
Max Drawdown Largest peak-to-trough decline	-54.52%	-63.96%	+9.44%
Max Drawdown (1Y) Largest decline over 1 year	-13.68%	-11.14%	-2.54%
Max Drawdown (5Y) Largest decline over 5 years	-36.56%	-40.49%	+3.93%
Max Drawdown (10Y) Largest decline over 10 years	-38.44%	-40.57%	+2.13%
Current Drawdown Current decline from peak	-13.68%	-9.95%	-3.73%
Average Drawdown Average peak-to-trough decline	-13.20%	-17.90%	+4.70%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.28%	4.29%	-1.01%

Volatility

ABEMX vs. FAX - Volatility Comparison

abrdn Emerging Markets Fund (ABEMX) has a higher volatility of 9.17% compared to abrdn Asia-Pacific Income Fund Inc (FAX) at 5.89%. This indicates that ABEMX's price experiences larger fluctuations and is considered to be riskier than FAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ABEMX	FAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.17%	5.89%	+3.28%
Volatility (6M) Calculated over the trailing 6-month period	13.69%	9.06%	+4.63%
Volatility (1Y) Calculated over the trailing 1-year period	18.22%	13.80%	+4.42%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.13%	15.89%	+2.24%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.41%	16.45%	+1.96%