ASEA vs. FM
Compare and contrast key facts about Global X FTSE Southeast Asia ETF (ASEA) and iShares MSCI Frontier 100 ETF (FM).
ASEA and FM are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ASEA is a passively managed fund by Global X that tracks the performance of the FTSE/ASEAN 40 Index. It was launched on Feb 17, 2011. FM is a passively managed fund by iShares that tracks the performance of the MSCI Frontier Markets 100 Index. It was launched on Sep 12, 2012. Both ASEA and FM are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ASEA or FM.
Key characteristics
| ASEA | FM | |
|---|---|---|
| YTD Return | 16.72% | 7.18% |
| 1Y Return | 24.06% | 11.04% |
| 3Y Return (Ann) | 7.93% | -5.21% |
| 5Y Return (Ann) | 5.23% | 2.46% |
| 10Y Return (Ann) | 3.80% | 1.10% |
| Sharpe Ratio | 1.65 | 1.00 |
| Sortino Ratio | 2.38 | 1.40 |
| Omega Ratio | 1.29 | 1.20 |
| Calmar Ratio | 2.08 | 0.34 |
| Martin Ratio | 10.02 | 4.60 |
| Ulcer Index | 2.39% | 2.19% |
| Daily Std Dev | 14.47% | 10.11% |
| Max Drawdown | -44.13% | -41.63% |
| Current Drawdown | -4.31% | -17.13% |
Correlation
The correlation between ASEA and FM is 0.42, 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.
Performance
ASEA vs. FM - Performance Comparison
In the year-to-date period, ASEA achieves a 16.72% return, which is significantly higher than FM's 7.18% return. Over the past 10 years, ASEA has outperformed FM with an annualized return of 3.80%, while FM has yielded a comparatively lower 1.10% 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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ASEA vs. FM - Expense Ratio Comparison
ASEA has a 0.65% expense ratio, which is lower than FM's 0.79% expense ratio.
Risk-Adjusted Performance
ASEA vs. FM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X FTSE Southeast Asia ETF (ASEA) and iShares MSCI Frontier 100 ETF (FM). 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
ASEA vs. FM - Dividend Comparison
ASEA's dividend yield for the trailing twelve months is around 3.58%, less than FM's 4.16% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ASEA Global X FTSE Southeast Asia ETF | 3.58% | 3.76% | 2.23% | 4.19% | 2.27% | 2.51% | 3.08% | 1.59% | 2.78% | 3.64% | 2.65% | 3.83% |
FM iShares MSCI Frontier 100 ETF | 4.16% | 3.62% | 2.70% | 2.04% | 2.91% | 3.12% | 4.29% | 2.04% | 2.15% | 2.76% | 12.35% | 1.11% |
Drawdowns
ASEA vs. FM - Drawdown Comparison
The maximum ASEA drawdown since its inception was -44.13%, which is greater than FM's maximum drawdown of -41.63%. Use the drawdown chart below to compare losses from any high point for ASEA and FM. For additional features, visit the drawdowns tool.
Volatility
ASEA vs. FM - Volatility Comparison
Global X FTSE Southeast Asia ETF (ASEA) has a higher volatility of 4.30% compared to iShares MSCI Frontier 100 ETF (FM) at 0.83%. This indicates that ASEA's price experiences larger fluctuations and is considered to be riskier than FM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.