ESDIX vs. SHCDX

Last updated Jun 4, 2026

ESDIX (Ashmore Emerging Markets Short Duration Select Fund) and SHCDX (Virtus Stone Harbor Emerg Mkts Corp Dbt) are both Emerging Markets Bonds funds. A 0.53 correlation means they provide meaningful diversification when combined. ESDIX charges 0.67%/yr vs 1.02%/yr for SHCDX.

Performance

ESDIX vs. SHCDX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Ashmore Emerging Markets Short Duration Select Fund (ESDIX) and Virtus Stone Harbor Emerg Mkts Corp Dbt (SHCDX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

ESDIX

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

SHCDX

• 1D: 0.00%
• 1M: 0.51%
• YTD: 2.83%
• 6M: 3.47%
• 1Y: 9.55%
• 3Y*: 8.87%
• 5Y*: 3.19%
• 10Y*: 4.68%

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

ESDIX vs. SHCDX - 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%
SHCDX Virtus Stone Harbor Emerg Mkts Corp Dbt	2.83%	8.81%	7.58%	9.70%	-11.76%	1.95%	12.50%

Correlation

The correlation between ESDIX and SHCDX is 0.53, 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	0.42
Correlation (5Y) Calculated over the trailing 5-year period	0.55
Correlation (All Time) Calculated using the full available price history since Jun 16, 2020	0.53

The correlation between ESDIX and SHCDX shifts across timeframes, from 0.42 (3 years) to 0.55 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

ESDIX vs. SHCDX — Risk / Return Rank

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

SHCDX

SHCDX Risk / Return Rank: 96
SHCDX Sharpe Ratio Rank: 99
SHCDX Sortino Ratio Rank: 99
SHCDX Omega Ratio Rank: 98
SHCDX Calmar Ratio Rank: 92
SHCDX Martin Ratio Rank: 93

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. SHCDX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Ashmore Emerging Markets Short Duration Select Fund (ESDIX) and Virtus Stone Harbor Emerg Mkts Corp Dbt (SHCDX). 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	SHCDX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	4.69	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.83	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.95	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	1.09	—

Drawdowns

Drawdown Indicators

	ESDIX	SHCDX	Difference
Max Drawdown Largest peak-to-trough decline	—	-26.24%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-1.90%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-3.86%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-21.81%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-26.24%	—
Current Drawdown Current decline from peak	—	0.00%	—
Average Drawdown Average peak-to-trough decline	—	-3.12%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.47%	—

Volatility

Volatility by Period

	ESDIX	SHCDX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.72%	—
Volatility (6M) Calculated over the trailing 6-month period	—	1.68%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	2.04%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	3.86%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	4.95%	—

ESDIX vs. SHCDX - Expense Ratio Comparison

ESDIX has a 0.67% expense ratio, which is lower than SHCDX's 1.02% expense ratio.

Dividends

ESDIX vs. SHCDX - Dividend Comparison

ESDIX has not paid dividends to shareholders, while SHCDX's dividend yield for the trailing twelve months is around 6.09%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%
SHCDX Virtus Stone Harbor Emerg Mkts Corp Dbt	6.09%	6.00%	6.33%	5.72%	5.52%	4.65%	5.28%	4.72%	6.08%	4.10%	5.44%	5.04%

Frequently Asked Questions

Can I hold both ESDIX and SHCDX in my portfolio?

ESDIX and SHCDX have a correlation of 0.53, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.