EMLIX vs. DBLEX
Compare and contrast key facts about MFS Emerging Markets Debt Local Currency Fund (EMLIX) and DoubleLine Emerging Markets Fixed Income Fund (DBLEX).
EMLIX is managed by MFS. It was launched on Sep 14, 2011. DBLEX is managed by DoubleLine. It was launched on Apr 5, 2010.
Performance
EMLIX vs. DBLEX - Performance Comparison
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EMLIX vs. DBLEX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EMLIX MFS Emerging Markets Debt Local Currency Fund | -3.34% | 19.53% | -4.66% | 12.67% | -10.19% | -7.97% | 2.68% | 15.91% | -5.99% | 14.59% |
DBLEX DoubleLine Emerging Markets Fixed Income Fund | -0.99% | 8.39% | 8.20% | 9.64% | -15.30% | 1.97% | 4.85% | 11.80% | -3.20% | 8.48% |
Returns By Period
In the year-to-date period, EMLIX achieves a -3.34% return, which is significantly lower than DBLEX's -0.99% return. Over the past 10 years, EMLIX has underperformed DBLEX with an annualized return of 2.75%, while DBLEX has yielded a comparatively higher 4.02% annualized return.
EMLIX
- 1D
- -0.35%
- 1M
- -6.80%
- YTD
- -3.34%
- 6M
- -0.21%
- 1Y
- 10.32%
- 3Y*
- 5.45%
- 5Y*
- 1.99%
- 10Y*
- 2.75%
DBLEX
- 1D
- 0.00%
- 1M
- -1.75%
- YTD
- -0.99%
- 6M
- -0.82%
- 1Y
- 4.59%
- 3Y*
- 7.81%
- 5Y*
- 1.88%
- 10Y*
- 4.02%
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EMLIX vs. DBLEX - Expense Ratio Comparison
EMLIX has a 0.85% expense ratio, which is lower than DBLEX's 0.90% expense ratio.
Return for Risk
EMLIX vs. DBLEX — Risk / Return Rank
EMLIX
DBLEX
EMLIX vs. DBLEX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for MFS Emerging Markets Debt Local Currency Fund (EMLIX) and DoubleLine Emerging Markets Fixed Income Fund (DBLEX). 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.
| EMLIX | DBLEX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.91 | 1.73 | +0.18 |
Sortino ratioReturn per unit of downside risk | 2.61 | 2.23 | +0.38 |
Omega ratioGain probability vs. loss probability | 1.38 | 1.40 | -0.02 |
Calmar ratioReturn relative to maximum drawdown | 1.62 | 1.62 | 0.00 |
Martin ratioReturn relative to average drawdown | 7.54 | 7.17 | +0.37 |
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
| EMLIX | DBLEX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.91 | 1.73 | +0.18 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.27 | 0.42 | -0.15 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.21 | 0.87 | -0.66 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.05 | 0.98 | -0.93 |
Correlation
The correlation between EMLIX and DBLEX is 0.44, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
EMLIX vs. DBLEX - Dividend Comparison
EMLIX's dividend yield for the trailing twelve months is around 3.06%, less than DBLEX's 5.12% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EMLIX MFS Emerging Markets Debt Local Currency Fund | 3.06% | 3.48% | 5.32% | 3.64% | 3.60% | 4.49% | 4.13% | 4.71% | 5.60% | 4.48% | 4.59% | 6.93% |
DBLEX DoubleLine Emerging Markets Fixed Income Fund | 5.12% | 5.59% | 5.97% | 5.54% | 4.77% | 4.00% | 4.37% | 4.57% | 3.83% | 4.33% | 4.54% | 5.21% |
Drawdowns
EMLIX vs. DBLEX - Drawdown Comparison
The maximum EMLIX drawdown since its inception was -34.15%, which is greater than DBLEX's maximum drawdown of -25.43%. Use the drawdown chart below to compare losses from any high point for EMLIX and DBLEX.
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Drawdown Indicators
| EMLIX | DBLEX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.15% | -25.43% | -8.72% |
Max Drawdown (1Y)Largest decline over 1 year | -6.80% | -2.77% | -4.03% |
Max Drawdown (5Y)Largest decline over 5 years | -24.72% | -25.43% | +0.71% |
Max Drawdown (10Y)Largest decline over 10 years | -33.42% | -25.43% | -7.99% |
Current DrawdownCurrent decline from peak | -7.71% | -1.81% | -5.90% |
Average DrawdownAverage peak-to-trough decline | -16.68% | -3.52% | -13.16% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.46% | 0.63% | +0.83% |
Volatility
EMLIX vs. DBLEX - Volatility Comparison
MFS Emerging Markets Debt Local Currency Fund (EMLIX) has a higher volatility of 3.24% compared to DoubleLine Emerging Markets Fixed Income Fund (DBLEX) at 0.66%. This indicates that EMLIX's price experiences larger fluctuations and is considered to be riskier than DBLEX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EMLIX | DBLEX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.24% | 0.66% | +2.58% |
Volatility (6M)Calculated over the trailing 6-month period | 4.44% | 1.42% | +3.02% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.91% | 2.61% | +3.30% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.51% | 4.52% | +2.99% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.35% | 4.65% | +8.70% |