EMFIX vs. EEM
Compare and contrast key facts about Ashmore Emerging Markets Equity Fund (EMFIX) and iShares MSCI Emerging Markets ETF (EEM).
EMFIX is managed by Ashmore. It was launched on Jun 20, 2011. EEM is a passively managed fund by iShares that tracks the performance of the MSCI Emerging Markets Index. It was launched on Apr 11, 2003.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: EMFIX or EEM.
Key characteristics
| EMFIX | EEM | |
|---|---|---|
| YTD Return | 9.62% | 7.73% |
| 1Y Return | 16.49% | 12.94% |
| 3Y Return (Ann) | -4.83% | -3.47% |
| 5Y Return (Ann) | 6.45% | 3.01% |
| 10Y Return (Ann) | 5.34% | 2.10% |
| Sharpe Ratio | 0.98 | 0.89 |
| Daily Std Dev | 16.34% | 14.45% |
| Max Drawdown | -43.03% | -66.44% |
| Current Drawdown | -19.38% | -19.90% |
Correlation
The correlation between EMFIX and EEM is 0.88, 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.
Performance
EMFIX vs. EEM - Performance Comparison
In the year-to-date period, EMFIX achieves a 9.62% return, which is significantly higher than EEM's 7.73% return. Over the past 10 years, EMFIX has outperformed EEM with an annualized return of 5.34%, while EEM has yielded a comparatively lower 2.10% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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EMFIX vs. EEM - Expense Ratio Comparison
EMFIX has a 1.17% expense ratio, which is higher than EEM's 0.68% expense ratio.
Risk-Adjusted Performance
EMFIX vs. EEM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Ashmore Emerging Markets Equity Fund (EMFIX) and iShares MSCI Emerging Markets ETF (EEM). 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
EMFIX vs. EEM - Dividend Comparison
EMFIX's dividend yield for the trailing twelve months is around 0.40%, less than EEM's 2.41% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EMFIX Ashmore Emerging Markets Equity Fund | 0.40% | 1.25% | 1.70% | 22.32% | 2.32% | 2.16% | 0.82% | 2.17% | 1.92% | 0.55% | 1.14% | 2.29% |
EEM iShares MSCI Emerging Markets ETF | 2.41% | 2.63% | 2.50% | 1.99% | 1.45% | 2.76% | 2.22% | 1.87% | 1.88% | 2.48% | 2.22% | 2.04% |
Drawdowns
EMFIX vs. EEM - Drawdown Comparison
The maximum EMFIX drawdown since its inception was -43.03%, smaller than the maximum EEM drawdown of -66.44%. Use the drawdown chart below to compare losses from any high point for EMFIX and EEM. For additional features, visit the drawdowns tool.
Volatility
EMFIX vs. EEM - Volatility Comparison
Ashmore Emerging Markets Equity Fund (EMFIX) and iShares MSCI Emerging Markets ETF (EEM) have volatilities of 4.35% and 4.22%, 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.