ELBIX vs. ESFIX
Compare and contrast key facts about Ashmore Emerging Markets Local Currency Bond Fund (ELBIX) and Ashmore Emerging Markets Short Duration Fund (ESFIX).
ELBIX is managed by Ashmore. It was launched on Dec 7, 2010. ESFIX is managed by Ashmore. It was launched on Jun 23, 2014.
Performance
ELBIX vs. ESFIX - Performance Comparison
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ELBIX vs. ESFIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ELBIX Ashmore Emerging Markets Local Currency Bond Fund | -3.26% | 19.17% | -4.30% | 14.03% | -10.00% | -9.55% | 2.65% | 12.11% | -7.02% | 13.54% |
ESFIX Ashmore Emerging Markets Short Duration Fund | 0.26% | 7.09% | 7.94% | 13.03% | -21.54% | -18.83% | -6.89% | 1.22% | -0.16% | 7.11% |
Returns By Period
In the year-to-date period, ELBIX achieves a -3.26% return, which is significantly lower than ESFIX's 0.26% return. Over the past 10 years, ELBIX has outperformed ESFIX with an annualized return of 2.01%, while ESFIX has yielded a comparatively lower -0.88% annualized return.
ELBIX
- 1D
- -0.29%
- 1M
- -6.70%
- YTD
- -3.26%
- 6M
- -0.06%
- 1Y
- 10.65%
- 3Y*
- 6.16%
- 5Y*
- 2.35%
- 10Y*
- 2.01%
ESFIX
- 1D
- -0.43%
- 1M
- -0.69%
- YTD
- 0.26%
- 6M
- 0.85%
- 1Y
- 2.15%
- 3Y*
- 8.16%
- 5Y*
- -3.42%
- 10Y*
- -0.88%
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ELBIX vs. ESFIX - Expense Ratio Comparison
ELBIX has a 0.97% expense ratio, which is higher than ESFIX's 0.65% expense ratio.
Return for Risk
ELBIX vs. ESFIX — Risk / Return Rank
ELBIX
ESFIX
ELBIX vs. ESFIX - 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 Short Duration Fund (ESFIX). 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 | ESFIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.74 | 0.22 | +1.52 |
Sortino ratioReturn per unit of downside risk | 2.36 | 0.40 | +1.96 |
Omega ratioGain probability vs. loss probability | 1.33 | 1.08 | +0.25 |
Calmar ratioReturn relative to maximum drawdown | 1.56 | 0.36 | +1.19 |
Martin ratioReturn relative to average drawdown | 6.98 | 1.03 | +5.95 |
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 | ESFIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.74 | 0.22 | +1.52 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.31 | -0.42 | +0.72 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.22 | -0.11 | +0.33 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.10 | -0.16 | +0.06 |
Correlation
The correlation between ELBIX and ESFIX is 0.29, 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.
Dividends
ELBIX vs. ESFIX - Dividend Comparison
ELBIX's dividend yield for the trailing twelve months is around 6.02%, less than ESFIX's 7.37% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
ELBIX Ashmore Emerging Markets Local Currency Bond Fund | 6.02% | 8.01% | 4.10% | 4.23% | 1.39% | 0.00% | 1.20% | 0.65% | 2.54% | 1.96% | 0.00% |
ESFIX Ashmore Emerging Markets Short Duration Fund | 7.37% | 3.70% | 4.37% | 7.75% | 6.83% | 7.62% | 5.38% | 8.15% | 6.58% | 5.63% | 1.37% |
Drawdowns
ELBIX vs. ESFIX - Drawdown Comparison
The maximum ELBIX drawdown since its inception was -42.77%, smaller than the maximum ESFIX drawdown of -48.22%. Use the drawdown chart below to compare losses from any high point for ELBIX and ESFIX.
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Drawdown Indicators
| ELBIX | ESFIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -42.77% | -48.22% | +5.45% |
Max Drawdown (1Y)Largest decline over 1 year | -6.96% | -4.86% | -2.10% |
Max Drawdown (5Y)Largest decline over 5 years | -24.81% | -43.24% | +18.43% |
Max Drawdown (10Y)Largest decline over 10 years | -26.97% | -48.22% | +21.25% |
Current DrawdownCurrent decline from peak | -20.14% | -25.96% | +5.82% |
Average DrawdownAverage peak-to-trough decline | -25.60% | -16.82% | -8.78% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.55% | 1.71% | -0.16% |
Volatility
ELBIX vs. ESFIX - Volatility Comparison
Ashmore Emerging Markets Local Currency Bond Fund (ELBIX) has a higher volatility of 3.40% compared to Ashmore Emerging Markets Short Duration Fund (ESFIX) at 1.02%. This indicates that ELBIX's price experiences larger fluctuations and is considered to be riskier than ESFIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ELBIX | ESFIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.40% | 1.02% | +2.38% |
Volatility (6M)Calculated over the trailing 6-month period | 4.78% | 8.22% | -3.44% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.39% | 9.12% | -2.73% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.64% | 8.26% | -0.62% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 9.05% | 8.33% | +0.72% |