EFEIX vs. HLFMX
Compare and contrast key facts about Ashmore Emerging Markets Frontier Equity Fund (EFEIX) and Harding Loevner Frontier Emerging Markets Fund (HLFMX).
EFEIX is managed by Ashmore. It was launched on Nov 3, 2013. HLFMX is managed by Harding Loevner. It was launched on May 26, 2008.
Performance
EFEIX vs. HLFMX - Performance Comparison
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EFEIX vs. HLFMX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EFEIX Ashmore Emerging Markets Frontier Equity Fund | -2.96% | 20.69% | 24.12% | 10.60% | -15.91% | 24.18% | -4.12% | 14.07% | -18.04% | 19.28% |
HLFMX Harding Loevner Frontier Emerging Markets Fund | -0.11% | 16.95% | 8.76% | 10.43% | -18.91% | 10.18% | 0.11% | 10.88% | -15.45% | 25.08% |
Returns By Period
In the year-to-date period, EFEIX achieves a -2.96% return, which is significantly lower than HLFMX's -0.11% return. Over the past 10 years, EFEIX has outperformed HLFMX with an annualized return of 6.92%, while HLFMX has yielded a comparatively lower 4.15% annualized return.
EFEIX
- 1D
- 1.94%
- 1M
- -7.22%
- YTD
- -2.96%
- 6M
- 0.21%
- 1Y
- 14.37%
- 3Y*
- 16.74%
- 5Y*
- 9.79%
- 10Y*
- 6.92%
HLFMX
- 1D
- 2.06%
- 1M
- -5.71%
- YTD
- -0.11%
- 6M
- 3.25%
- 1Y
- 15.51%
- 3Y*
- 11.57%
- 5Y*
- 4.87%
- 10Y*
- 4.15%
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EFEIX vs. HLFMX - Expense Ratio Comparison
EFEIX has a 1.52% expense ratio, which is lower than HLFMX's 1.60% expense ratio.
Return for Risk
EFEIX vs. HLFMX — Risk / Return Rank
EFEIX
HLFMX
EFEIX vs. HLFMX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Ashmore Emerging Markets Frontier Equity Fund (EFEIX) and Harding Loevner Frontier Emerging Markets Fund (HLFMX). 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.
| EFEIX | HLFMX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.20 | 1.36 | -0.15 |
Sortino ratioReturn per unit of downside risk | 1.62 | 1.85 | -0.23 |
Omega ratioGain probability vs. loss probability | 1.23 | 1.27 | -0.03 |
Calmar ratioReturn relative to maximum drawdown | 1.24 | 1.41 | -0.17 |
Martin ratioReturn relative to average drawdown | 4.25 | 5.03 | -0.78 |
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
| EFEIX | HLFMX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.20 | 1.36 | -0.15 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.01 | 0.48 | +0.54 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.63 | 0.35 | +0.28 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.37 | 0.07 | +0.30 |
Correlation
The correlation between EFEIX and HLFMX is 0.70, 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
EFEIX vs. HLFMX - Dividend Comparison
EFEIX's dividend yield for the trailing twelve months is around 11.73%, more than HLFMX's 3.57% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EFEIX Ashmore Emerging Markets Frontier Equity Fund | 11.73% | 11.69% | 2.15% | 2.26% | 0.17% | 1.61% | 0.96% | 1.63% | 1.44% | 0.88% | 0.38% | 0.00% |
HLFMX Harding Loevner Frontier Emerging Markets Fund | 3.57% | 3.56% | 1.88% | 1.77% | 2.28% | 0.83% | 1.61% | 1.97% | 1.34% | 1.90% | 1.01% | 1.13% |
Drawdowns
EFEIX vs. HLFMX - Drawdown Comparison
The maximum EFEIX drawdown since its inception was -40.50%, smaller than the maximum HLFMX drawdown of -63.95%. Use the drawdown chart below to compare losses from any high point for EFEIX and HLFMX.
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Drawdown Indicators
| EFEIX | HLFMX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.50% | -63.95% | +23.45% |
Max Drawdown (1Y)Largest decline over 1 year | -11.62% | -11.09% | -0.53% |
Max Drawdown (5Y)Largest decline over 5 years | -20.83% | -28.37% | +7.54% |
Max Drawdown (10Y)Largest decline over 10 years | -40.50% | -46.61% | +6.11% |
Current DrawdownCurrent decline from peak | -9.90% | -9.26% | -0.64% |
Average DrawdownAverage peak-to-trough decline | -12.38% | -19.38% | +7.00% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.38% | 3.11% | +0.27% |
Volatility
EFEIX vs. HLFMX - Volatility Comparison
Ashmore Emerging Markets Frontier Equity Fund (EFEIX) and Harding Loevner Frontier Emerging Markets Fund (HLFMX) have volatilities of 6.55% and 6.73%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EFEIX | HLFMX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.55% | 6.73% | -0.18% |
Volatility (6M)Calculated over the trailing 6-month period | 8.95% | 8.72% | +0.23% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.38% | 12.03% | +0.35% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 9.72% | 10.23% | -0.51% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.94% | 11.79% | -0.85% |