ESIGX vs. IGIEX

Last updated Apr 1, 2026

Compare and contrast key facts about Ashmore Emerging Markets Equity ESG Fund (ESIGX) and Ashmore Emerging Markets Investment Grade Income Fund (IGIEX).

ESIGX is managed by Ashmore. It was launched on Feb 25, 2020. IGIEX is managed by Ashmore. It was launched on Sep 16, 2020.

Performance

ESIGX vs. IGIEX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Ashmore Emerging Markets Equity ESG Fund (ESIGX) and Ashmore Emerging Markets Investment Grade Income Fund (IGIEX). The values are adjusted to include any dividend payments, if applicable.

ESIGX vs. IGIEX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
ESIGX Ashmore Emerging Markets Equity ESG Fund	1.15%	34.35%	7.96%	10.61%	-27.17%	-1.02%	23.37%
IGIEX Ashmore Emerging Markets Investment Grade Income Fund	-0.62%	18.29%	6.74%	7.76%	-16.44%	-2.75%	6.18%

Returns By Period

In the year-to-date period, ESIGX achieves a 1.15% return, which is significantly higher than IGIEX's -0.62% return.

ESIGX

• 1D: -0.92%
• 1M: -11.93%
• YTD: 1.15%
• 6M: 6.52%
• 1Y: 36.15%
• 3Y*: 14.69%
• 5Y*: 2.85%
• 10Y*: —

IGIEX

• 1D: -0.23%
• 1M: -3.39%
• YTD: -0.62%
• 6M: 3.51%
• 1Y: 14.02%
• 3Y*: 9.98%
• 5Y*: 2.67%
• 10Y*: —

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

ESIGX vs. IGIEX - Expense Ratio Comparison

ESIGX has a 1.17% expense ratio, which is higher than IGIEX's 0.72% expense ratio.

ESIGX

Ashmore Emerging Markets Equity ESG Fund

IGIEX

Ashmore Emerging Markets Investment Grade Income Fund

Return for Risk

ESIGX vs. IGIEX — Risk / Return Rank

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

ESIGX

ESIGX Risk / Return Rank: 88
ESIGX Sharpe Ratio Rank: 90
ESIGX Sortino Ratio Rank: 89
ESIGX Omega Ratio Rank: 85
ESIGX Calmar Ratio Rank: 88
ESIGX Martin Ratio Rank: 87

IGIEX

IGIEX Risk / Return Rank: 95
IGIEX Sharpe Ratio Rank: 96
IGIEX Sortino Ratio Rank: 97
IGIEX Omega Ratio Rank: 95
IGIEX Calmar Ratio Rank: 93
IGIEX Martin Ratio Rank: 95

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.

ESIGX vs. IGIEX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Ashmore Emerging Markets Equity ESG Fund (ESIGX) and Ashmore Emerging Markets Investment Grade Income Fund (IGIEX). 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.

	ESIGX	IGIEX	Difference
Sharpe ratio Return per unit of total volatility	1.86	2.49	-0.63
Sortino ratio Return per unit of downside risk	2.46	3.68	-1.22
Omega ratio Gain probability vs. loss probability	1.35	1.53	-0.18
Calmar ratio Return relative to maximum drawdown	2.35	2.91	-0.56
Martin ratio Return relative to average drawdown	9.35	13.08	-3.73
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ESIGX vs. IGIEX - Sharpe Ratio Comparison

The current ESIGX Sharpe Ratio is 1.86, which is comparable to the IGIEX Sharpe Ratio of 2.49. The chart below compares the historical Sharpe Ratios of ESIGX and IGIEX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	ESIGX	IGIEX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.86	2.49	-0.63
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.15	0.49	-0.33
Sharpe Ratio (All Time) Calculated using the full available price history	0.43	0.53	-0.11

Correlation

The correlation between ESIGX and IGIEX is 0.30, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

ESIGX vs. IGIEX - Dividend Comparison

ESIGX's dividend yield for the trailing twelve months is around 2.02%, less than IGIEX's 7.12% yield.

	TTM	2025	2024	2023	2022	2021	2020
ESIGX Ashmore Emerging Markets Equity ESG Fund	2.02%	2.04%	0.51%	0.78%	0.00%	16.52%	0.61%
IGIEX Ashmore Emerging Markets Investment Grade Income Fund	7.12%	7.40%	6.42%	4.00%	3.19%	2.31%	0.82%

Drawdowns

ESIGX vs. IGIEX - Drawdown Comparison

The maximum ESIGX drawdown since its inception was -47.21%, which is greater than IGIEX's maximum drawdown of -25.61%. Use the drawdown chart below to compare losses from any high point for ESIGX and IGIEX.

Drawdown Indicators

	ESIGX	IGIEX	Difference
Max Drawdown Largest peak-to-trough decline	-47.21%	-25.61%	-21.60%
Max Drawdown (1Y) Largest decline over 1 year	-13.50%	-5.01%	-8.49%
Max Drawdown (5Y) Largest decline over 5 years	-44.76%	-25.61%	-19.15%
Current Drawdown Current decline from peak	-13.34%	-3.60%	-9.74%
Average Drawdown Average peak-to-trough decline	-20.32%	-8.86%	-11.46%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.39%	1.12%	+2.27%

Volatility

ESIGX vs. IGIEX - Volatility Comparison

Ashmore Emerging Markets Equity ESG Fund (ESIGX) has a higher volatility of 7.63% compared to Ashmore Emerging Markets Investment Grade Income Fund (IGIEX) at 1.95%. This indicates that ESIGX's price experiences larger fluctuations and is considered to be riskier than IGIEX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ESIGX	IGIEX	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.63%	1.95%	+5.68%
Volatility (6M) Calculated over the trailing 6-month period	12.59%	3.39%	+9.20%
Volatility (1Y) Calculated over the trailing 1-year period	18.64%	5.83%	+12.81%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.54%	5.52%	+13.02%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.62%	5.39%	+16.23%