ESDIX vs. IMCDX

Last updated Jun 4, 2026

ESDIX (Ashmore Emerging Markets Short Duration Select Fund) and IMCDX (Voya Emerging Markets Corporate Debt Fund) are both Emerging Markets Bonds funds. A 0.58 correlation means they provide meaningful diversification when combined. ESDIX charges 0.67%/yr vs 0.10%/yr for IMCDX.

Performance

ESDIX vs. IMCDX - Performance Comparison

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

Returns By Period

ESDIX

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

IMCDX

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
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*Multi-year figures are annualized to reflect compound growth (CAGR)

ESDIX vs. IMCDX - Yearly Performance Comparison

	2025 (YTD)	2024	2023	2022	2021	2020
ESDIX Ashmore Emerging Markets Short Duration Select Fund	1.54%	6.15%	5.31%	-9.66%	-4.21%	4.12%
IMCDX Voya Emerging Markets Corporate Debt Fund	0.00%	6.44%	8.51%	-13.79%	0.08%	9.94%

Correlation

The correlation between ESDIX and IMCDX is 0.42, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.42
Correlation (3Y) Calculated over the trailing 3-year period	0.62
Correlation (All Time) Calculated using the full available price history since Jun 16, 2020	0.58

The correlation between ESDIX and IMCDX shifts across timeframes, from 0.42 (1 year) to 0.62 (3 years), reflecting how their relationship changes across market environments.

Return for Risk

ESDIX vs. IMCDX - Risk-Adjusted Trends Comparison

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

Drawdowns

Volatility

ESDIX vs. IMCDX - Expense Ratio Comparison

ESDIX has a 0.67% expense ratio, which is higher than IMCDX's 0.10% expense ratio.

Dividends

ESDIX vs. IMCDX - Dividend Comparison

Neither ESDIX nor IMCDX has paid dividends to shareholders.

Position	TTM	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ESDIX Ashmore Emerging Markets Short Duration Select Fund	0.00%	4.79%	3.39%	2.50%	2.60%	0.31%	0.00%	0.00%	0.00%	0.00%	0.00%
IMCDX Voya Emerging Markets Corporate Debt Fund	0.00%	4.08%	4.21%	3.80%	6.14%	4.64%	4.99%	5.30%	4.79%	5.22%	5.11%

Frequently Asked Questions

Can I hold both ESDIX and IMCDX in my portfolio?

ESDIX and IMCDX have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.