EFIX vs. MSD
Compare and contrast key facts about First Trust TCW Emerging Markets Debt ETF (EFIX) and Morgan Stanley Emerging Markets Debt Fund, Inc. (MSD).
EFIX is an actively managed fund by First Trust. It was launched on Feb 18, 2021.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: EFIX or MSD.
Correlation
The correlation between EFIX and MSD is 0.37, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
EFIX vs. MSD - Performance Comparison
Key characteristics
EFIX:
1.04
MSD:
2.53
EFIX:
1.51
MSD:
3.73
EFIX:
1.19
MSD:
1.48
EFIX:
1.20
MSD:
3.08
EFIX:
7.65
MSD:
13.98
EFIX:
1.48%
MSD:
2.07%
EFIX:
10.91%
MSD:
11.48%
EFIX:
-26.64%
MSD:
-52.67%
EFIX:
-0.83%
MSD:
-0.25%
Returns By Period
In the year-to-date period, EFIX achieves a 2.98% return, which is significantly lower than MSD's 5.45% return.
EFIX
2.98%
0.28%
2.92%
10.87%
N/A
N/A
MSD
5.45%
2.53%
12.84%
29.32%
4.05%
6.07%
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Risk-Adjusted Performance
EFIX vs. MSD — Risk-Adjusted Performance Rank
EFIX
MSD
EFIX vs. MSD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust TCW Emerging Markets Debt ETF (EFIX) and Morgan Stanley Emerging Markets Debt Fund, Inc. (MSD). 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.
Dividends
EFIX vs. MSD - Dividend Comparison
EFIX's dividend yield for the trailing twelve months is around 6.39%, less than MSD's 11.27% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EFIX First Trust TCW Emerging Markets Debt ETF | 6.39% | 6.52% | 6.28% | 5.06% | 3.70% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
MSD Morgan Stanley Emerging Markets Debt Fund, Inc. | 11.27% | 11.88% | 10.92% | 7.34% | 4.99% | 4.68% | 5.37% | 6.56% | 5.81% | 6.87% | 7.04% | 6.27% |
Drawdowns
EFIX vs. MSD - Drawdown Comparison
The maximum EFIX drawdown since its inception was -26.64%, smaller than the maximum MSD drawdown of -52.67%. Use the drawdown chart below to compare losses from any high point for EFIX and MSD. For additional features, visit the drawdowns tool.
Volatility
EFIX vs. MSD - Volatility Comparison
First Trust TCW Emerging Markets Debt ETF (EFIX) has a higher volatility of 5.26% compared to Morgan Stanley Emerging Markets Debt Fund, Inc. (MSD) at 3.04%. This indicates that EFIX's price experiences larger fluctuations and is considered to be riskier than MSD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.