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FAX vs. MSD
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FAX and MSD is 0.26, 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.


-0.50.00.51.00.3

Performance

FAX vs. MSD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in abrdn Asia-Pacific Income Fund Inc (FAX) and Morgan Stanley Emerging Markets Debt Fund, Inc. (MSD). The values are adjusted to include any dividend payments, if applicable.

-10.00%-5.00%0.00%5.00%10.00%SeptemberOctoberNovemberDecember2025February
-1.44%
12.76%
FAX
MSD

Key characteristics

Sharpe Ratio

FAX:

0.58

MSD:

2.56

Sortino Ratio

FAX:

0.89

MSD:

3.77

Omega Ratio

FAX:

1.11

MSD:

1.49

Calmar Ratio

FAX:

0.19

MSD:

3.14

Martin Ratio

FAX:

1.52

MSD:

14.23

Ulcer Index

FAX:

5.54%

MSD:

2.07%

Daily Std Dev

FAX:

14.52%

MSD:

11.52%

Max Drawdown

FAX:

-53.29%

MSD:

-52.67%

Current Drawdown

FAX:

-36.09%

MSD:

-0.12%

Returns By Period

In the year-to-date period, FAX achieves a 8.97% return, which is significantly higher than MSD's 5.58% return. Over the past 10 years, FAX has underperformed MSD with an annualized return of -1.67%, while MSD has yielded a comparatively higher 6.13% annualized return.


FAX

YTD

8.97%

1M

4.63%

6M

-1.45%

1Y

7.67%

5Y*

-3.50%

10Y*

-1.67%

MSD

YTD

5.58%

1M

1.37%

6M

12.76%

1Y

29.29%

5Y*

4.12%

10Y*

6.13%

*Annualized

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Risk-Adjusted Performance

FAX vs. MSD — Risk-Adjusted Performance Rank

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

FAX
The Risk-Adjusted Performance Rank of FAX is 2323
Overall Rank
The Sharpe Ratio Rank of FAX is 2626
Sharpe Ratio Rank
The Sortino Ratio Rank of FAX is 2727
Sortino Ratio Rank
The Omega Ratio Rank of FAX is 2525
Omega Ratio Rank
The Calmar Ratio Rank of FAX is 1616
Calmar Ratio Rank
The Martin Ratio Rank of FAX is 2222
Martin Ratio Rank

MSD
The Risk-Adjusted Performance Rank of MSD is 9595
Overall Rank
The Sharpe Ratio Rank of MSD is 9696
Sharpe Ratio Rank
The Sortino Ratio Rank of MSD is 9595
Sortino Ratio Rank
The Omega Ratio Rank of MSD is 9494
Omega Ratio Rank
The Calmar Ratio Rank of MSD is 9595
Calmar Ratio Rank
The Martin Ratio Rank of MSD is 9595
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

FAX vs. MSD - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for abrdn Asia-Pacific Income Fund Inc (FAX) and Morgan Stanley Emerging Markets Debt Fund, Inc. (MSD). 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.


Sharpe ratio
The chart of Sharpe ratio for FAX, currently valued at 0.58, compared to the broader market-1.000.001.002.003.004.000.582.56
The chart of Sortino ratio for FAX, currently valued at 0.89, compared to the broader market0.002.004.006.008.0010.0012.000.893.77
The chart of Omega ratio for FAX, currently valued at 1.11, compared to the broader market1.002.003.004.001.111.49
The chart of Calmar ratio for FAX, currently valued at 0.19, compared to the broader market0.005.0010.0015.0020.000.193.14
The chart of Martin ratio for FAX, currently valued at 1.52, compared to the broader market0.0020.0040.0060.0080.001.5214.23
FAX
MSD

The current FAX Sharpe Ratio is 0.58, which is lower than the MSD Sharpe Ratio of 2.56. The chart below compares the historical Sharpe Ratios of FAX and MSD, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.001.002.003.004.00SeptemberOctoberNovemberDecember2025February
0.58
2.56
FAX
MSD

Dividends

FAX vs. MSD - Dividend Comparison

FAX's dividend yield for the trailing twelve months is around 8.90%, less than MSD's 11.25% yield.


TTM20242023202220212020201920182017201620152014
FAX
abrdn Asia-Pacific Income Fund Inc
8.90%9.81%8.09%7.45%3.30%2.83%4.42%6.33%7.41%5.92%6.00%6.52%
MSD
Morgan Stanley Emerging Markets Debt Fund, Inc.
11.25%11.88%10.92%7.34%4.99%4.68%5.37%6.56%5.81%6.87%7.04%6.27%

Drawdowns

FAX vs. MSD - Drawdown Comparison

The maximum FAX drawdown since its inception was -53.29%, roughly equal to the maximum MSD drawdown of -52.67%. Use the drawdown chart below to compare losses from any high point for FAX and MSD. For additional features, visit the drawdowns tool.


-40.00%-30.00%-20.00%-10.00%0.00%SeptemberOctoberNovemberDecember2025February
-36.09%
-0.12%
FAX
MSD

Volatility

FAX vs. MSD - Volatility Comparison

The current volatility for abrdn Asia-Pacific Income Fund Inc (FAX) is 2.04%, while Morgan Stanley Emerging Markets Debt Fund, Inc. (MSD) has a volatility of 3.01%. This indicates that FAX experiences smaller price fluctuations and is considered to be less risky than MSD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%SeptemberOctoberNovemberDecember2025February
2.04%
3.01%
FAX
MSD
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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