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APHEX vs. APHFX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

APHEX vs. APHFX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Artisan Sustainable Emerging Markets Fund (APHEX) and Artisan High Income Fund Class I (APHFX). The values are adjusted to include any dividend payments, if applicable.

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APHEX vs. APHFX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
APHEX
Artisan Sustainable Emerging Markets Fund
-1.02%42.86%7.10%18.50%-28.37%-0.46%20.97%19.96%-15.46%38.54%
APHFX
Artisan High Income Fund Class I
-1.94%8.43%8.60%13.77%-10.93%4.09%10.22%14.26%-1.32%8.85%

Returns By Period

In the year-to-date period, APHEX achieves a -1.02% return, which is significantly higher than APHFX's -1.94% return.


APHEX

1D
-0.90%
1M
-13.62%
YTD
-1.02%
6M
2.89%
1Y
35.84%
3Y*
17.68%
5Y*
4.85%
10Y*
9.17%

APHFX

1D
0.11%
1M
-2.09%
YTD
-1.94%
6M
-0.84%
1Y
5.13%
3Y*
7.78%
5Y*
3.53%
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

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APHEX vs. APHFX - Expense Ratio Comparison

APHEX has a 1.07% expense ratio, which is higher than APHFX's 0.71% expense ratio.


Return for Risk

APHEX vs. APHFX — Risk / Return Rank

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

APHEX
APHEX Risk / Return Rank: 8787
Overall Rank
APHEX Sharpe Ratio Rank: 9292
Sharpe Ratio Rank
APHEX Sortino Ratio Rank: 9090
Sortino Ratio Rank
APHEX Omega Ratio Rank: 8686
Omega Ratio Rank
APHEX Calmar Ratio Rank: 8585
Calmar Ratio Rank
APHEX Martin Ratio Rank: 8383
Martin Ratio Rank

APHFX
APHFX Risk / Return Rank: 8484
Overall Rank
APHFX Sharpe Ratio Rank: 8686
Sharpe Ratio Rank
APHFX Sortino Ratio Rank: 8989
Sortino Ratio Rank
APHFX Omega Ratio Rank: 9090
Omega Ratio Rank
APHFX Calmar Ratio Rank: 7979
Calmar Ratio Rank
APHFX Martin Ratio Rank: 7575
Martin Ratio Rank
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.

APHEX vs. APHFX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Artisan Sustainable Emerging Markets Fund (APHEX) and Artisan High Income Fund Class I (APHFX). 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.


APHEXAPHFXDifference

Sharpe ratio

Return per unit of total volatility

1.96

1.66

+0.31

Sortino ratio

Return per unit of downside risk

2.50

2.50

+0.01

Omega ratio

Gain probability vs. loss probability

1.36

1.40

-0.04

Calmar ratio

Return relative to maximum drawdown

2.16

1.86

+0.31

Martin ratio

Return relative to average drawdown

8.33

7.17

+1.16

APHEX vs. APHFX - Sharpe Ratio Comparison

The current APHEX Sharpe Ratio is 1.96, which is comparable to the APHFX Sharpe Ratio of 1.66. The chart below compares the historical Sharpe Ratios of APHEX and APHFX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


APHEXAPHFXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.96

1.66

+0.31

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.29

0.73

-0.44

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.51

Sharpe Ratio (All Time)

Calculated using the full available price history

0.24

1.05

-0.80

Correlation

The correlation between APHEX and APHFX is 0.41, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


Dividends

APHEX vs. APHFX - Dividend Comparison

APHEX's dividend yield for the trailing twelve months is around 1.64%, less than APHFX's 6.62% yield.


TTM2025202420232022202120202019201820172016
APHEX
Artisan Sustainable Emerging Markets Fund
1.64%1.62%1.23%0.49%1.05%0.87%1.23%1.04%0.57%0.47%0.75%
APHFX
Artisan High Income Fund Class I
6.62%6.96%7.39%5.56%5.83%5.50%6.01%6.44%7.25%7.96%0.00%

Drawdowns

APHEX vs. APHFX - Drawdown Comparison

The maximum APHEX drawdown since its inception was -66.36%, which is greater than APHFX's maximum drawdown of -21.51%. Use the drawdown chart below to compare losses from any high point for APHEX and APHFX.


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Drawdown Indicators


APHEXAPHFXDifference

Max Drawdown

Largest peak-to-trough decline

-66.36%

-21.51%

-44.85%

Max Drawdown (1Y)

Largest decline over 1 year

-14.48%

-2.76%

-11.72%

Max Drawdown (5Y)

Largest decline over 5 years

-41.76%

-14.80%

-26.96%

Max Drawdown (10Y)

Largest decline over 10 years

-43.20%

Current Drawdown

Current decline from peak

-14.48%

-2.63%

-11.85%

Average Drawdown

Average peak-to-trough decline

-22.00%

-2.54%

-19.46%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.86%

0.71%

+3.15%

Volatility

APHEX vs. APHFX - Volatility Comparison

Artisan Sustainable Emerging Markets Fund (APHEX) has a higher volatility of 7.49% compared to Artisan High Income Fund Class I (APHFX) at 1.07%. This indicates that APHEX's price experiences larger fluctuations and is considered to be riskier than APHFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


APHEXAPHFXDifference

Volatility (1M)

Calculated over the trailing 1-month period

7.49%

1.07%

+6.42%

Volatility (6M)

Calculated over the trailing 6-month period

12.60%

2.01%

+10.59%

Volatility (1Y)

Calculated over the trailing 1-year period

17.61%

3.40%

+14.21%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

16.97%

4.87%

+12.10%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

17.93%

5.33%

+12.60%