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DRESX vs. EMFIX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

DRESX vs. EMFIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Driehaus Emerging Markets Small Cap Growth Fund (DRESX) and Ashmore Emerging Markets Equity Fund (EMFIX). The values are adjusted to include any dividend payments, if applicable.

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DRESX vs. EMFIX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
DRESX
Driehaus Emerging Markets Small Cap Growth Fund
4.87%24.08%14.86%10.30%-21.17%15.93%33.56%33.70%-24.00%33.30%
EMFIX
Ashmore Emerging Markets Equity Fund
1.96%35.16%7.08%9.68%-26.09%4.05%30.00%30.47%-16.96%46.16%

Returns By Period

In the year-to-date period, DRESX achieves a 4.87% return, which is significantly higher than EMFIX's 1.96% return. Over the past 10 years, DRESX has underperformed EMFIX with an annualized return of 9.96%, while EMFIX has yielded a comparatively higher 11.12% annualized return.


DRESX

1D
-0.83%
1M
-9.63%
YTD
4.87%
6M
9.22%
1Y
36.60%
3Y*
16.63%
5Y*
8.16%
10Y*
9.96%

EMFIX

1D
-0.82%
1M
-11.78%
YTD
1.96%
6M
7.83%
1Y
35.79%
3Y*
15.75%
5Y*
3.72%
10Y*
11.12%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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DRESX vs. EMFIX - Expense Ratio Comparison

DRESX has a 1.24% expense ratio, which is higher than EMFIX's 1.17% expense ratio.


Return for Risk

DRESX vs. EMFIX — Risk / Return Rank

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

DRESX
DRESX Risk / Return Rank: 9595
Overall Rank
DRESX Sharpe Ratio Rank: 9696
Sharpe Ratio Rank
DRESX Sortino Ratio Rank: 9595
Sortino Ratio Rank
DRESX Omega Ratio Rank: 9292
Omega Ratio Rank
DRESX Calmar Ratio Rank: 9696
Calmar Ratio Rank
DRESX Martin Ratio Rank: 9494
Martin Ratio Rank

EMFIX
EMFIX Risk / Return Rank: 8787
Overall Rank
EMFIX Sharpe Ratio Rank: 8989
Sharpe Ratio Rank
EMFIX Sortino Ratio Rank: 8888
Sortino Ratio Rank
EMFIX Omega Ratio Rank: 8484
Omega Ratio Rank
EMFIX Calmar Ratio Rank: 8888
Calmar Ratio Rank
EMFIX Martin Ratio Rank: 8686
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.

DRESX vs. EMFIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Driehaus Emerging Markets Small Cap Growth Fund (DRESX) and Ashmore Emerging Markets Equity Fund (EMFIX). 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.


DRESXEMFIXDifference

Sharpe ratio

Return per unit of total volatility

2.39

1.84

+0.55

Sortino ratio

Return per unit of downside risk

3.15

2.43

+0.73

Omega ratio

Gain probability vs. loss probability

1.44

1.34

+0.10

Calmar ratio

Return relative to maximum drawdown

3.42

2.34

+1.08

Martin ratio

Return relative to average drawdown

12.23

9.00

+3.23

DRESX vs. EMFIX - Sharpe Ratio Comparison

The current DRESX Sharpe Ratio is 2.39, which is comparable to the EMFIX Sharpe Ratio of 1.84. The chart below compares the historical Sharpe Ratios of DRESX and EMFIX, 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


DRESXEMFIXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.39

1.84

+0.55

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.57

0.20

+0.37

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.64

0.57

+0.07

Sharpe Ratio (All Time)

Calculated using the full available price history

0.53

0.25

+0.28

Correlation

The correlation between DRESX and EMFIX is 0.74, 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

DRESX vs. EMFIX - Dividend Comparison

DRESX's dividend yield for the trailing twelve months is around 2.14%, more than EMFIX's 1.62% yield.


TTM2025202420232022202120202019201820172016
DRESX
Driehaus Emerging Markets Small Cap Growth Fund
2.14%2.25%0.68%1.09%0.00%0.04%0.65%0.41%0.00%0.00%0.00%
EMFIX
Ashmore Emerging Markets Equity Fund
1.62%1.65%0.61%1.25%0.82%22.32%2.32%2.16%0.82%2.12%1.00%

Drawdowns

DRESX vs. EMFIX - Drawdown Comparison

The maximum DRESX drawdown since its inception was -33.38%, smaller than the maximum EMFIX drawdown of -44.99%. Use the drawdown chart below to compare losses from any high point for DRESX and EMFIX.


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Drawdown Indicators


DRESXEMFIXDifference

Max Drawdown

Largest peak-to-trough decline

-33.38%

-44.99%

+11.61%

Max Drawdown (1Y)

Largest decline over 1 year

-10.16%

-13.50%

+3.34%

Max Drawdown (5Y)

Largest decline over 5 years

-25.88%

-42.41%

+16.53%

Max Drawdown (10Y)

Largest decline over 10 years

-33.38%

-43.54%

+10.16%

Current Drawdown

Current decline from peak

-10.16%

-13.20%

+3.04%

Average Drawdown

Average peak-to-trough decline

-9.99%

-17.11%

+7.12%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.84%

3.51%

-0.67%

Volatility

DRESX vs. EMFIX - Volatility Comparison

The current volatility for Driehaus Emerging Markets Small Cap Growth Fund (DRESX) is 6.63%, while Ashmore Emerging Markets Equity Fund (EMFIX) has a volatility of 7.69%. This indicates that DRESX experiences smaller price fluctuations and is considered to be less risky than EMFIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


DRESXEMFIXDifference

Volatility (1M)

Calculated over the trailing 1-month period

6.63%

7.69%

-1.06%

Volatility (6M)

Calculated over the trailing 6-month period

11.15%

12.91%

-1.76%

Volatility (1Y)

Calculated over the trailing 1-year period

15.26%

18.81%

-3.55%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

14.42%

18.51%

-4.09%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

15.67%

19.49%

-3.82%