ASIAX vs. IASMX
Compare and contrast key facts about Invesco EQV Asia Pacific Equity Fund (ASIAX) and Guinness Atkinson Asia Focus Fund (IASMX).
ASIAX is managed by Invesco. It was launched on Nov 2, 1997. IASMX is managed by Guinness Atkinson. It was launched on Apr 28, 1996.
Performance
ASIAX vs. IASMX - Performance Comparison
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ASIAX vs. IASMX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ASIAX Invesco EQV Asia Pacific Equity Fund | 0.36% | 24.56% | 9.59% | 0.87% | -10.82% | -6.10% | 25.76% | 17.78% | -11.50% | 29.13% |
IASMX Guinness Atkinson Asia Focus Fund | -0.00% | 29.64% | 4.38% | 5.95% | -28.04% | -6.46% | 26.02% | 29.32% | -17.58% | 47.12% |
Returns By Period
Over the past 10 years, ASIAX has underperformed IASMX with an annualized return of 7.29%, while IASMX has yielded a comparatively higher 7.72% annualized return.
ASIAX
- 1D
- 2.45%
- 1M
- -8.56%
- YTD
- 0.36%
- 6M
- 5.66%
- 1Y
- 27.53%
- 3Y*
- 9.63%
- 5Y*
- 2.35%
- 10Y*
- 7.29%
IASMX
- 1D
- 1.20%
- 1M
- -6.00%
- YTD
- -0.00%
- 6M
- -1.74%
- 1Y
- 26.65%
- 3Y*
- 10.39%
- 5Y*
- -1.75%
- 10Y*
- 7.72%
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ASIAX vs. IASMX - Expense Ratio Comparison
ASIAX has a 1.45% expense ratio, which is lower than IASMX's 1.98% expense ratio.
Return for Risk
ASIAX vs. IASMX — Risk / Return Rank
ASIAX
IASMX
ASIAX vs. IASMX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco EQV Asia Pacific Equity Fund (ASIAX) and Guinness Atkinson Asia Focus Fund (IASMX). 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.
| ASIAX | IASMX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.71 | 1.38 | +0.33 |
Sortino ratioReturn per unit of downside risk | 2.32 | 1.94 | +0.38 |
Omega ratioGain probability vs. loss probability | 1.33 | 1.27 | +0.06 |
Calmar ratioReturn relative to maximum drawdown | 2.19 | 1.75 | +0.44 |
Martin ratioReturn relative to average drawdown | 8.81 | 7.40 | +1.41 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| ASIAX | IASMX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.71 | 1.38 | +0.33 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.16 | -0.08 | +0.24 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.49 | 0.38 | +0.11 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.46 | 0.16 | +0.31 |
Correlation
The correlation between ASIAX and IASMX is 0.82, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
ASIAX vs. IASMX - Dividend Comparison
ASIAX's dividend yield for the trailing twelve months is around 21.34%, more than IASMX's 6.92% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ASIAX Invesco EQV Asia Pacific Equity Fund | 21.34% | 21.41% | 8.68% | 2.84% | 7.25% | 7.71% | 7.37% | 5.67% | 7.17% | 7.91% | 1.09% | 3.15% |
IASMX Guinness Atkinson Asia Focus Fund | 6.92% | 6.92% | 1.51% | 1.16% | 3.40% | 9.14% | 5.78% | 6.61% | 12.82% | 0.90% | 1.44% | 1.18% |
Drawdowns
ASIAX vs. IASMX - Drawdown Comparison
The maximum ASIAX drawdown since its inception was -63.78%, smaller than the maximum IASMX drawdown of -76.53%. Use the drawdown chart below to compare losses from any high point for ASIAX and IASMX.
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Drawdown Indicators
| ASIAX | IASMX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -63.78% | -76.53% | +12.75% |
Max Drawdown (1Y)Largest decline over 1 year | -11.73% | -15.27% | +3.54% |
Max Drawdown (5Y)Largest decline over 5 years | -32.40% | -49.08% | +16.68% |
Max Drawdown (10Y)Largest decline over 10 years | -36.32% | -52.51% | +16.19% |
Current DrawdownCurrent decline from peak | -9.56% | -17.07% | +7.51% |
Average DrawdownAverage peak-to-trough decline | -15.17% | -33.36% | +18.19% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.92% | 3.61% | -0.69% |
Volatility
ASIAX vs. IASMX - Volatility Comparison
Invesco EQV Asia Pacific Equity Fund (ASIAX) has a higher volatility of 7.36% compared to Guinness Atkinson Asia Focus Fund (IASMX) at 6.91%. This indicates that ASIAX's price experiences larger fluctuations and is considered to be riskier than IASMX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ASIAX | IASMX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.36% | 6.91% | +0.45% |
Volatility (6M)Calculated over the trailing 6-month period | 11.90% | 12.36% | -0.46% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.67% | 20.09% | -3.42% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.69% | 21.23% | -6.54% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.04% | 20.61% | -5.57% |