ASIA vs. VYMI

Last updated Jun 4, 2026

ASIA (Matthews Pacific Tiger Active ETF) and VYMI (Vanguard International High Dividend Yield ETF) are both exchange-traded funds - ASIA is a Asia Pacific Equities fund actively managed by Matthews, while VYMI is a Dividend fund tracking the FTSE All-World ex US High Dividend Yield Index. ASIA is actively managed, while VYMI is passively managed. Over the past year, ASIA returned 66.09% vs 30.23% for VYMI. A 0.66 correlation means they provide meaningful diversification when combined. ASIA charges 0.79%/yr vs 0.07%/yr for VYMI.

Performance

ASIA vs. VYMI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Matthews Pacific Tiger Active ETF (ASIA) and Vanguard International High Dividend Yield ETF (VYMI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ASIA achieves a 33.47% return, which is significantly higher than VYMI's 11.31% return.

ASIA

• 1D: -1.35%
• 1M: 11.70%
• YTD: 33.47%
• 6M: 38.00%
• 1Y: 66.09%
• 3Y*: —
• 5Y*: —
• 10Y*: —

VYMI

• 1D: -1.01%
• 1M: 2.05%
• YTD: 11.31%
• 6M: 14.77%
• 1Y: 30.23%
• 3Y*: 21.88%
• 5Y*: 11.95%
• 10Y*: 10.49%

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

ASIA vs. VYMI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
ASIA Matthews Pacific Tiger Active ETF	33.47%	32.06%	3.41%	0.01%
VYMI Vanguard International High Dividend Yield ETF	11.31%	38.05%	7.06%	7.16%

Correlation

The correlation between ASIA and VYMI is 0.64, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.64
Correlation (All Time) Calculated using the full available price history since Sep 25, 2023	0.66

The correlation between ASIA and VYMI has been stable across timeframes, ranging from 0.64 to 0.66 - a consistent structural relationship.

ASIA vs. VYMI - Sectors Allocation Comparison

Sectors	ASIA	VYMI
Technology	46.6%	4.3%
Financial Services	17.6%	41.9%
Industrials	11.6%	6.6%
Consumer Cyclical	7.5%	6.5%
Communication Services	5.1%	4.0%
Healthcare	4.0%	6.6%
Real Estate	2.9%	1.3%
Basic Materials	2.5%	6.8%
Energy	2.1%	9.5%
Consumer Defensive	1.1%	7.0%
Utilities	-	5.6%

Return for Risk

ASIA vs. VYMI — Risk / Return Rank

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

ASIA

ASIA Risk / Return Rank: 86
ASIA Sharpe Ratio Rank: 89
ASIA Sortino Ratio Rank: 83
ASIA Omega Ratio Rank: 88
ASIA Calmar Ratio Rank: 84
ASIA Martin Ratio Rank: 83

VYMI

VYMI Risk / Return Rank: 66
VYMI Sharpe Ratio Rank: 70
VYMI Sortino Ratio Rank: 68
VYMI Omega Ratio Rank: 69
VYMI Calmar Ratio Rank: 59
VYMI Martin Ratio Rank: 64

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.

ASIA vs. VYMI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Matthews Pacific Tiger Active ETF (ASIA) and Vanguard International High Dividend Yield ETF (VYMI). 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.

	ASIA	VYMI	Difference
Sharpe ratio: Return per unit of total volatility	3.08	2.35	+0.73
Sortino ratio: Return per unit of downside risk	3.78	3.20	+0.58
Omega ratio: Gain probability vs. loss probability	1.55	1.43	+0.13
Calmar ratio: Return relative to maximum drawdown	4.59	2.99	+1.60
Martin ratio: Return relative to average drawdown	17.09	11.80	+5.29
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ASIA vs. VYMI - Sharpe Ratio Comparison

The current ASIA Sharpe Ratio is 3.08, which is higher than the VYMI Sharpe Ratio of 2.35. The chart below compares the historical Sharpe Ratios of ASIA and VYMI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	ASIA	VYMI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.08	2.35	+0.73
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.81	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.62	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.24	0.65	+0.59

Drawdowns

ASIA vs. VYMI - Drawdown Comparison

The maximum ASIA drawdown since its inception was -23.95%, smaller than the maximum VYMI drawdown of -40.00%. Use the drawdown chart below to compare losses from any high point for ASIA and VYMI.

Drawdown Indicators

	ASIA	VYMI	Difference
Max Drawdown Largest peak-to-trough decline	-23.95%	-40.00%	+16.05%
Max Drawdown (1Y) Largest decline over 1 year	-14.47%	-10.14%	-4.33%
Max Drawdown (3Y) Largest decline over 3 years	—	-12.84%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-24.05%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-40.00%	—
Current Drawdown Current decline from peak	-1.35%	-1.40%	+0.05%
Average Drawdown Average peak-to-trough decline	-4.85%	-6.31%	+1.46%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.88%	2.57%	+1.31%

Volatility

ASIA vs. VYMI - Volatility Comparison

Matthews Pacific Tiger Active ETF (ASIA) has a higher volatility of 9.93% compared to Vanguard International High Dividend Yield ETF (VYMI) at 4.04%. This indicates that ASIA's price experiences larger fluctuations and is considered to be riskier than VYMI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ASIA	VYMI	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.93%	4.04%	+5.89%
Volatility (6M) Calculated over the trailing 6-month period	18.57%	10.73%	+7.84%
Volatility (1Y) Calculated over the trailing 1-year period	21.56%	12.94%	+8.62%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.24%	14.84%	+5.40%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.24%	16.87%	+3.37%

ASIA vs. VYMI - Expense Ratio Comparison

ASIA has a 0.79% expense ratio, which is higher than VYMI's 0.07% expense ratio.

Dividends

ASIA vs. VYMI - Dividend Comparison

ASIA's dividend yield for the trailing twelve months is around 0.78%, less than VYMI's 3.44% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
ASIA Matthews Pacific Tiger Active ETF	0.78%	1.05%	0.58%	0.12%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VYMI Vanguard International High Dividend Yield ETF	3.44%	3.68%	4.84%	4.58%	4.70%	4.30%	3.22%	4.20%	4.29%	3.21%	2.39%

Frequently Asked Questions

Can I hold both ASIA and VYMI in my portfolio?

ASIA and VYMI have a correlation of 0.64, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ASIA or VYMI?

ASIA has higher volatility (9.93%) compared to VYMI (4.04%). In terms of maximum drawdown, ASIA dropped -23.95% vs VYMI's -40.00%.

Which ETF is better, ASIA or VYMI?

On 1-year performance, ASIA leads with 66.09% vs 30.23% for VYMI. On fees, VYMI is cheaper at 0.07% per year. On volatility, VYMI has been the lower-risk option at 4.04%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, ASIA or VYMI?

Over the 1-year period, ASIA has performed better with a 66.09% return vs 30.23%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, ASIA or VYMI?

VYMI is cheaper with a 0.07% expense ratio, compared with 0.79% for ASIA.

Which ETF pays a higher dividend yield, ASIA or VYMI?

VYMI has the higher dividend yield at 3.44%, compared with 0.78% for ASIA.

What is the main difference between ASIA and VYMI?

ASIA is categorized as Asia Pacific Equities, while VYMI is Dividend. They also come from different issuers: Matthews and Vanguard. Their fees differ too: 0.79% for ASIA and 0.07% for VYMI.

Which has better risk-adjusted returns?

ASIA currently has the higher Sharpe Ratio (3.08 vs 2.35), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.