BJBHX vs. ABEMX
BJBHX (abrdn Global High Income Fund) and ABEMX (abrdn Emerging Markets Fund) are both mutual funds - BJBHX is a High Yield Bonds fund managed by Aberdeen, while ABEMX is a Emerging Markets Equities fund managed by Aberdeen. Over the past 10 years, BJBHX returned 4.17%/yr vs 8.47%/yr for ABEMX. Their 0.47 correlation means their historical movements had little consistent relationship. BJBHX charges 1.03%/yr vs 1.10%/yr for ABEMX.
Performance
BJBHX vs. ABEMX - Performance Comparison
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Returns By Period
In the year-to-date period, BJBHX achieves a 1.55% return, which is significantly lower than ABEMX's 19.82% return. Over the past 10 years, BJBHX has underperformed ABEMX with an annualized return of 4.17%, while ABEMX has yielded a comparatively higher 8.47% annualized return.
BJBHX
- 1D
- 0.00%
- 1M
- -0.92%
- 6M
- 0.53%
- YTD
- 1.55%
- 1Y
- 4.19%
- 3Y*
- 7.47%
- 5Y*
- 2.78%
- 10Y*
- 4.17%
- ALL TIME*
- 6.08%
ABEMX
- 1D
- 4.45%
- 1M
- -3.58%
- 6M
- 10.63%
- YTD
- 19.82%
- 1Y
- 41.51%
- 3Y*
- 16.99%
- 5Y*
- 6.67%
- 10Y*
- 8.47%
- ALL TIME*
- 7.22%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
BJBHX vs. ABEMX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BJBHX abrdn Global High Income Fund | 1.55% | 6.99% | 7.69% | 12.32% | -12.63% | 2.98% | 5.32% | 14.32% | -5.59% | 8.68% |
ABEMX abrdn Emerging Markets Fund | 19.82% | 32.43% | 3.98% | 6.67% | -26.23% | 7.15% | 27.65% | 20.42% | -14.65% | 30.25% |
Correlation
The correlation between BJBHX and ABEMX is 0.50, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.50 |
Correlation (3Y) Balances recent behavior with more history. | 0.43 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.48 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.47 |
Correlation (All Time) Calculated using the full available price history since May 14, 2007 | 0.47 |
The correlation between BJBHX and ABEMX has been stable across timeframes, ranging from 0.43 to 0.50 - a consistent structural relationship.
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Return for Risk
BJBHX vs. ABEMX — Risk / Return Rank
BJBHX
ABEMX
BJBHX vs. ABEMX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for abrdn Global High Income Fund (BJBHX) and abrdn Emerging Markets Fund (ABEMX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| BJBHX | ABEMX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.16 | ||
| Sortino ratioReturn per unit of downside risk | +0.13 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.31 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 1.65 | 2.69 | -1.04 |
| Martin ratioReturn relative to average drawdown | 5.69 | 8.64 | -2.95 |
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Drawdowns
BJBHX vs. ABEMX - Drawdown Comparison
The maximum BJBHX drawdown since its inception was -28.45%, smaller than the maximum ABEMX drawdown of -54.52%. Use the drawdown chart below to compare losses from any high point for BJBHX and ABEMX.
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Drawdown Indicators
| BJBHX | ABEMX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -28.45% | -54.52% | +26.07% |
Max Drawdown (1Y)Largest decline over 1 year | -2.48% | -14.58% | +12.10% |
Max Drawdown (3Y)Largest decline over 3 years | -4.57% | -18.62% | +14.05% |
Max Drawdown (5Y)Largest decline over 5 years | -17.77% | -36.56% | +18.79% |
Max Drawdown (10Y)Largest decline over 10 years | -22.82% | -38.44% | +15.62% |
Current DrawdownCurrent decline from peak | -1.05% | -10.78% | +9.73% |
Average DrawdownAverage peak-to-trough decline | -3.24% | -13.04% | +9.80% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.72% | 4.53% | -3.81% |
Volatility
BJBHX vs. ABEMX - Volatility Comparison
The current volatility for abrdn Global High Income Fund (BJBHX) is 0.61%, while abrdn Emerging Markets Fund (ABEMX) has a volatility of 10.52%. This indicates that BJBHX experiences smaller price fluctuations and is considered to be less risky than ABEMX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BJBHX | ABEMX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.61% | 10.52% | -9.91% |
Volatility (6M)Calculated over the trailing 6-month period | 2.28% | 22.66% | -20.38% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.83% | 24.52% | -21.69% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.38% | 19.81% | -15.43% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.03% | 19.20% | -14.17% |
BJBHX vs. ABEMX - Expense Ratio Comparison
BJBHX has a 1.03% expense ratio, which is lower than ABEMX's 1.10% expense ratio.
Dividends
BJBHX vs. ABEMX - Dividend Comparison
BJBHX's dividend yield for the trailing twelve months is around 6.04%, more than ABEMX's 5.10% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ABEMX abrdn Emerging Markets Fund | 5.10% | 6.11% | 0.99% | 1.42% | 1.82% | 22.95% | 0.68% | 1.85% | 1.57% | 1.32% | 1.23% | 2.47% |
BJBHX abrdn Global High Income Fund | 6.04% | 6.36% | 6.08% | 5.02% | 7.45% | 4.60% | 4.35% | 5.37% | 5.62% | 3.69% | 4.97% | 6.16% |
Frequently Asked Questions
BJBHX and ABEMX have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ABEMX has higher volatility (10.52%) compared to BJBHX (0.61%). In terms of maximum drawdown, BJBHX dropped -28.45% vs ABEMX's -54.52%.
ABEMX currently has the higher Sharpe Ratio (1.60 vs 1.44), 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.
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