ESDIX vs. DBLEX

Last updated Jun 4, 2026

ESDIX (Ashmore Emerging Markets Short Duration Select Fund) and DBLEX (DoubleLine Emerging Markets Fixed Income Fund) are both Emerging Markets Bonds funds. A 0.51 correlation means they provide meaningful diversification when combined. ESDIX charges 0.67%/yr vs 0.90%/yr for DBLEX.

Performance

ESDIX vs. DBLEX - Performance Comparison

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

Returns By Period

ESDIX

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

DBLEX

• 1D: 0.11%
• 1M: 0.36%
• YTD: 1.39%
• 6M: 1.64%
• 1Y: 6.51%
• 3Y*: 8.33%
• 5Y*: 2.18%
• 10Y*: 3.86%

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

ESDIX vs. DBLEX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
ESDIX Ashmore Emerging Markets Short Duration Select Fund	0.00%	1.54%	6.15%	5.31%	-9.66%	-4.21%	4.12%
DBLEX DoubleLine Emerging Markets Fixed Income Fund	1.39%	8.39%	8.20%	9.64%	-15.30%	1.97%	9.14%

Correlation

The correlation between ESDIX and DBLEX is 0.51, 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	0.44
Correlation (5Y) Calculated over the trailing 5-year period	0.53
Correlation (All Time) Calculated using the full available price history since Jun 16, 2020	0.51

The correlation between ESDIX and DBLEX has been stable across timeframes, ranging from 0.44 to 0.53 - a consistent structural relationship.

Return for Risk

ESDIX vs. DBLEX — Risk / Return Rank

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

DBLEX

DBLEX Risk / Return Rank: 89
DBLEX Sharpe Ratio Rank: 94
DBLEX Sortino Ratio Rank: 94
DBLEX Omega Ratio Rank: 95
DBLEX Calmar Ratio Rank: 80
DBLEX Martin Ratio Rank: 80

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.

ESDIX vs. DBLEX - Risk-Adjusted Trends Comparison

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

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

Sharpe Ratios by Period

	ESDIX	DBLEX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	3.23	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.49	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.83	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	1.01	—

Drawdowns

Drawdown Indicators

	ESDIX	DBLEX	Difference
Max Drawdown Largest peak-to-trough decline	—	-25.43%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-1.81%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-4.54%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-25.43%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-25.43%	—
Current Drawdown Current decline from peak	—	0.00%	—
Average Drawdown Average peak-to-trough decline	—	-3.49%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.44%	—

Volatility

Volatility by Period

	ESDIX	DBLEX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.74%	—
Volatility (6M) Calculated over the trailing 6-month period	—	1.54%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	2.06%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	4.52%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	4.65%	—

ESDIX vs. DBLEX - Expense Ratio Comparison

ESDIX has a 0.67% expense ratio, which is lower than DBLEX's 0.90% expense ratio.

Dividends

ESDIX vs. DBLEX - Dividend Comparison

ESDIX has not paid dividends to shareholders, while DBLEX's dividend yield for the trailing twelve months is around 5.58%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DBLEX DoubleLine Emerging Markets Fixed Income Fund	5.58%	5.59%	5.97%	5.54%	4.77%	4.00%	4.37%	4.57%	3.83%	4.33%	4.54%	5.21%
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%	0.00%	0.00%

Frequently Asked Questions

Can I hold both ESDIX and DBLEX in my portfolio?

ESDIX and DBLEX have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.