EMKIX vs. SEDAX
EMKIX (Ashmore Emerging Markets Total Return Fund) and SEDAX (SEI Institutional Investments Trust Emerging Markets Debt Fund) are both Emerging Markets Bonds funds. Over the past 10 years, EMKIX returned 0.56%/yr vs 3.94%/yr for SEDAX. Their correlation of 0.83 means they have usually moved in the same direction. EMKIX charges 1.02%/yr vs 0.41%/yr for SEDAX.
Performance
EMKIX vs. SEDAX - Performance Comparison
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Returns By Period
In the year-to-date period, EMKIX achieves a 1.79% return, which is significantly lower than SEDAX's 4.06% return. Over the past 10 years, EMKIX has underperformed SEDAX with an annualized return of 0.56%, while SEDAX has yielded a comparatively higher 3.94% annualized return.
EMKIX
- 1D
- -0.19%
- 1M
- -0.47%
- 6M
- 0.38%
- YTD
- 1.79%
- 1Y
- 9.77%
- 3Y*
- 9.10%
- 5Y*
- -0.89%
- 10Y*
- 0.56%
- ALL TIME*
- -0.79%
SEDAX
- 1D
- 0.11%
- 1M
- -0.40%
- 6M
- 1.43%
- YTD
- 4.06%
- 1Y
- 13.09%
- 3Y*
- 9.85%
- 5Y*
- 3.78%
- 10Y*
- 3.94%
- ALL TIME*
- 3.27%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
EMKIX vs. SEDAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EMKIX Ashmore Emerging Markets Total Return Fund | 1.79% | 18.51% | 1.06% | 11.08% | -22.93% | -11.27% | 2.19% | 9.73% | -5.31% | 10.29% |
SEDAX SEI Institutional Investments Trust Emerging Markets Debt Fund | 4.06% | 20.33% | 3.13% | 12.86% | -14.53% | -4.93% | 4.68% | 15.55% | -8.11% | 15.32% |
Correlation
The correlation between EMKIX and SEDAX is 0.76, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.76 |
Correlation (3Y) Balances recent behavior with more history. | 0.79 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.82 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.81 |
Correlation (All Time) Calculated using the full available price history since Oct 28, 2011 | 0.83 |
The correlation between EMKIX and SEDAX has been stable across timeframes, ranging from 0.76 to 0.83 - a consistent structural relationship.
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Return for Risk
EMKIX vs. SEDAX — Risk / Return Rank
EMKIX
SEDAX
EMKIX vs. SEDAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Ashmore Emerging Markets Total Return Fund (EMKIX) and SEI Institutional Investments Trust Emerging Markets Debt Fund (SEDAX). 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.
| EMKIX | SEDAX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.68 | ||
| Sortino ratioReturn per unit of downside risk | -1.02 | ||
| Omega ratioGain probability vs. loss probability | 1.34 | 1.48 | -0.14 |
| Calmar ratioReturn relative to maximum drawdown | 2.00 | 2.44 | -0.44 |
| Martin ratioReturn relative to average drawdown | 7.19 | 9.63 | -2.44 |
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Drawdowns
EMKIX vs. SEDAX - Drawdown Comparison
The maximum EMKIX drawdown since its inception was -47.14%, which is greater than SEDAX's maximum drawdown of -37.03%. Use the drawdown chart below to compare losses from any high point for EMKIX and SEDAX.
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Drawdown Indicators
| EMKIX | SEDAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -47.14% | -37.03% | -10.11% |
Max Drawdown (1Y)Largest decline over 1 year | -5.01% | -5.49% | +0.48% |
Max Drawdown (3Y)Largest decline over 3 years | -6.16% | -8.17% | +2.01% |
Max Drawdown (5Y)Largest decline over 5 years | -38.94% | -26.86% | -12.08% |
Max Drawdown (10Y)Largest decline over 10 years | -40.22% | -27.25% | -12.97% |
Current DrawdownCurrent decline from peak | -18.49% | -0.92% | -17.57% |
Average DrawdownAverage peak-to-trough decline | -21.04% | -6.74% | -14.30% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.39% | 1.39% | 0.00% |
Volatility
EMKIX vs. SEDAX - Volatility Comparison
Ashmore Emerging Markets Total Return Fund (EMKIX) has a higher volatility of 1.32% compared to SEI Institutional Investments Trust Emerging Markets Debt Fund (SEDAX) at 1.17%. This indicates that EMKIX's price experiences larger fluctuations and is considered to be riskier than SEDAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EMKIX | SEDAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.32% | 1.17% | +0.15% |
Volatility (6M)Calculated over the trailing 6-month period | 4.34% | 5.11% | -0.77% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.14% | 5.80% | +0.34% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.57% | 7.04% | +0.53% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8.15% | 8.38% | -0.23% |
EMKIX vs. SEDAX - Expense Ratio Comparison
EMKIX has a 1.02% expense ratio, which is higher than SEDAX's 0.41% expense ratio.
Dividends
EMKIX vs. SEDAX - Dividend Comparison
EMKIX's dividend yield for the trailing twelve months is around 7.24%, less than SEDAX's 8.61% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EMKIX Ashmore Emerging Markets Total Return Fund | 7.24% | 6.42% | 5.17% | 5.18% | 3.78% | 3.99% | 4.23% | 5.45% | 4.89% | 4.58% | 0.00% | 0.00% |
SEDAX SEI Institutional Investments Trust Emerging Markets Debt Fund | 8.61% | 7.30% | 7.24% | 4.65% | 2.08% | 4.69% | 1.52% | 3.75% | 3.17% | 4.70% | 3.59% | 1.00% |
Frequently Asked Questions
EMKIX and SEDAX have a correlation of 0.76, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
EMKIX has higher volatility (1.32%) compared to SEDAX (1.17%). In terms of maximum drawdown, EMKIX dropped -47.14% vs SEDAX's -37.03%.
SEDAX currently has the higher Sharpe Ratio (2.31 vs 1.63), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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