EMCIX vs. ESDIX

Last updated Jun 23, 2026

EMCIX (Ashmore Emerging Markets Corporate Income Fund) and ESDIX (Ashmore Emerging Markets Short Duration Select Fund) are both Emerging Markets Bonds funds from Ashmore. A 0.57 correlation means they provide meaningful diversification when combined. EMCIX charges 1.01%/yr vs 0.67%/yr for ESDIX.

Performance

EMCIX vs. ESDIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Ashmore Emerging Markets Corporate Income Fund (EMCIX) and Ashmore Emerging Markets Short Duration Select Fund (ESDIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

EMCIX

• 1D: 0.34%
• 1M: 0.70%
• YTD: 3.77%
• 6M: 3.77%
• 1Y: 8.82%
• 3Y*: 8.88%
• 5Y*: -1.57%
• 10Y*: 2.65%

ESDIX

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

EMCIX vs. ESDIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
EMCIX Ashmore Emerging Markets Corporate Income Fund	3.77%	8.81%	8.28%	6.01%	-22.35%	-6.47%	14.87%
ESDIX Ashmore Emerging Markets Short Duration Select Fund	0.00%	1.54%	6.15%	5.31%	-9.66%	-4.21%	4.12%

Correlation

The correlation between EMCIX and ESDIX is 0.57, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (3Y) Calculated over the trailing 3-year period	0.37
Correlation (5Y) Calculated over the trailing 5-year period	0.58
Correlation (All Time) Calculated using the full available price history since Jun 15, 2020	0.57

The correlation between EMCIX and ESDIX shifts across timeframes, from 0.37 (3 years) to 0.58 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

EMCIX vs. ESDIX — Risk / Return Rank

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

EMCIX

EMCIX Risk / Return Rank: 68
EMCIX Sharpe Ratio Rank: 42
EMCIX Sortino Ratio Rank: 67
EMCIX Omega Ratio Rank: 89
EMCIX Calmar Ratio Rank: 73
EMCIX Martin Ratio Rank: 71

ESDIX

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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.

EMCIX vs. ESDIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Ashmore Emerging Markets Corporate Income Fund (EMCIX) and Ashmore Emerging Markets Short Duration Select Fund (ESDIX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	EMCIX	ESDIX	Difference
Sharpe ratio: Return per unit of total volatility	1.76	—	—
Sortino ratio: Return per unit of downside risk	3.11	—	—
Omega ratio: Gain probability vs. loss probability	1.61	—	—
Calmar ratio: Return relative to maximum drawdown	3.13	—	—
Martin ratio: Return relative to average drawdown	12.75	—	—

Drawdowns

Drawdown Indicators

	EMCIX	ESDIX	Difference
Max Drawdown Largest peak-to-trough decline	-36.20%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-3.10%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-4.02%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-36.13%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-36.20%	—	—
Current Drawdown Current decline from peak	-7.73%	—	—
Average Drawdown Average peak-to-trough decline	-13.56%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	0.76%	—	—

Volatility

Volatility by Period

	EMCIX	ESDIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.93%	—	—
Volatility (6M) Calculated over the trailing 6-month period	4.96%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	5.53%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.68%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	6.06%	—	—

EMCIX vs. ESDIX - Expense Ratio Comparison

EMCIX has a 1.01% expense ratio, which is higher than ESDIX's 0.67% expense ratio.

Dividends

EMCIX vs. ESDIX - Dividend Comparison

EMCIX's dividend yield for the trailing twelve months is around 9.32%, while ESDIX has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
EMCIX Ashmore Emerging Markets Corporate Income Fund	9.32%	7.69%	4.92%	5.23%	6.67%	4.28%	5.13%	6.62%	6.62%	4.89%
ESDIX Ashmore Emerging Markets Short Duration Select Fund	0.00%	0.39%	4.79%	3.39%	2.50%	2.60%	0.31%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both EMCIX and ESDIX in my portfolio?

EMCIX and ESDIX have a correlation of 0.57, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.