EMFIX vs. MEMX
Compare and contrast key facts about Ashmore Emerging Markets Equity Fund (EMFIX) and Matthews Emerging Markets Ex China Active ETF (MEMX).
EMFIX is managed by Ashmore. It was launched on Jun 20, 2011. MEMX is an actively managed fund by Matthews Asia. It was launched on Jan 10, 2023.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: EMFIX or MEMX.
Key characteristics
| EMFIX | MEMX | |
|---|---|---|
| YTD Return | 9.02% | 10.35% |
| 1Y Return | 16.71% | 17.91% |
| Sharpe Ratio | 0.97 | 1.26 |
| Daily Std Dev | 16.34% | 13.85% |
| Max Drawdown | -43.03% | -12.20% |
| Current Drawdown | -19.82% | -2.35% |
Correlation
The correlation between EMFIX and MEMX is 0.78, 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. MEMX - Performance Comparison
In the year-to-date period, EMFIX achieves a 9.02% return, which is significantly lower than MEMX's 10.35% 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. MEMX - Expense Ratio Comparison
EMFIX has a 1.17% expense ratio, which is higher than MEMX's 0.79% expense ratio.
Risk-Adjusted Performance
EMFIX vs. MEMX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Ashmore Emerging Markets Equity Fund (EMFIX) and Matthews Emerging Markets Ex China Active ETF (MEMX). 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. MEMX - Dividend Comparison
EMFIX's dividend yield for the trailing twelve months is around 0.40%, less than MEMX's 1.02% 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% |
MEMX Matthews Emerging Markets Ex China Active ETF | 1.02% | 1.13% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
EMFIX vs. MEMX - Drawdown Comparison
The maximum EMFIX drawdown since its inception was -43.03%, which is greater than MEMX's maximum drawdown of -12.20%. Use the drawdown chart below to compare losses from any high point for EMFIX and MEMX. For additional features, visit the drawdowns tool.
Volatility
EMFIX vs. MEMX - Volatility Comparison
The current volatility for Ashmore Emerging Markets Equity Fund (EMFIX) is 3.73%, while Matthews Emerging Markets Ex China Active ETF (MEMX) has a volatility of 4.09%. This indicates that EMFIX experiences smaller price fluctuations and is considered to be less risky than MEMX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.