ELBIX vs. EMKIX
Compare and contrast key facts about Ashmore Emerging Markets Local Currency Bond Fund (ELBIX) and Ashmore Emerging Markets Total Return Fund (EMKIX).
ELBIX is managed by Ashmore. It was launched on Dec 7, 2010. EMKIX is managed by Ashmore. It was launched on Dec 7, 2010.
Performance
ELBIX vs. EMKIX - Performance Comparison
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ELBIX vs. EMKIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ELBIX Ashmore Emerging Markets Local Currency Bond Fund | -2.70% | 19.17% | -4.30% | 14.03% | -10.00% | -9.55% | 2.65% | 12.11% | -7.02% | 13.54% |
EMKIX Ashmore Emerging Markets Total Return Fund | -1.50% | 18.51% | 1.06% | 11.08% | -22.93% | -11.27% | 2.19% | 9.73% | -5.31% | 10.29% |
Returns By Period
In the year-to-date period, ELBIX achieves a -2.70% return, which is significantly lower than EMKIX's -1.50% return. Over the past 10 years, ELBIX has outperformed EMKIX with an annualized return of 2.07%, while EMKIX has yielded a comparatively lower 0.80% annualized return.
ELBIX
- 1D
- 0.59%
- 1M
- -4.99%
- YTD
- -2.70%
- 6M
- 0.39%
- 1Y
- 11.13%
- 3Y*
- 6.37%
- 5Y*
- 2.44%
- 10Y*
- 2.07%
EMKIX
- 1D
- 0.39%
- 1M
- -3.39%
- YTD
- -1.50%
- 6M
- 2.45%
- 1Y
- 12.21%
- 3Y*
- 8.52%
- 5Y*
- -0.95%
- 10Y*
- 0.80%
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ELBIX vs. EMKIX - Expense Ratio Comparison
ELBIX has a 0.97% expense ratio, which is lower than EMKIX's 1.02% expense ratio.
Return for Risk
ELBIX vs. EMKIX — Risk / Return Rank
ELBIX
EMKIX
ELBIX vs. EMKIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Ashmore Emerging Markets Local Currency Bond Fund (ELBIX) and Ashmore Emerging Markets Total Return Fund (EMKIX). 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.
| ELBIX | EMKIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.78 | 2.02 | -0.24 |
Sortino ratioReturn per unit of downside risk | 2.42 | 3.04 | -0.61 |
Omega ratioGain probability vs. loss probability | 1.34 | 1.45 | -0.11 |
Calmar ratioReturn relative to maximum drawdown | 1.65 | 2.59 | -0.94 |
Martin ratioReturn relative to average drawdown | 7.16 | 10.34 | -3.18 |
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
| ELBIX | EMKIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.78 | 2.02 | -0.24 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.32 | -0.13 | +0.45 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.23 | 0.10 | +0.13 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.10 | -0.14 | +0.04 |
Correlation
The correlation between ELBIX and EMKIX is 0.80, 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
ELBIX vs. EMKIX - Dividend Comparison
ELBIX's dividend yield for the trailing twelve months is around 5.99%, less than EMKIX's 8.37% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ELBIX Ashmore Emerging Markets Local Currency Bond Fund | 5.99% | 8.01% | 4.10% | 4.23% | 1.39% | 0.00% | 1.20% | 0.65% | 2.54% | 1.96% |
EMKIX Ashmore Emerging Markets Total Return Fund | 8.37% | 6.42% | 5.17% | 5.18% | 3.78% | 3.99% | 4.23% | 5.45% | 4.89% | 4.58% |
Drawdowns
ELBIX vs. EMKIX - Drawdown Comparison
The maximum ELBIX drawdown since its inception was -42.77%, smaller than the maximum EMKIX drawdown of -47.14%. Use the drawdown chart below to compare losses from any high point for ELBIX and EMKIX.
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Drawdown Indicators
| ELBIX | EMKIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -42.77% | -47.14% | +4.37% |
Max Drawdown (1Y)Largest decline over 1 year | -6.96% | -5.01% | -1.95% |
Max Drawdown (5Y)Largest decline over 5 years | -24.81% | -40.22% | +15.41% |
Max Drawdown (10Y)Largest decline over 10 years | -26.97% | -40.22% | +13.25% |
Current DrawdownCurrent decline from peak | -19.67% | -21.12% | +1.45% |
Average DrawdownAverage peak-to-trough decline | -25.60% | -21.11% | -4.49% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.60% | 1.26% | +0.34% |
Volatility
ELBIX vs. EMKIX - Volatility Comparison
Ashmore Emerging Markets Local Currency Bond Fund (ELBIX) has a higher volatility of 3.38% compared to Ashmore Emerging Markets Total Return Fund (EMKIX) at 2.23%. This indicates that ELBIX's price experiences larger fluctuations and is considered to be riskier than EMKIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ELBIX | EMKIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.38% | 2.23% | +1.15% |
Volatility (6M)Calculated over the trailing 6-month period | 4.81% | 4.71% | +0.10% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.40% | 6.19% | +0.21% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.64% | 7.54% | +0.10% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 9.05% | 8.22% | +0.83% |