GLLSX vs. NOEMX
Compare and contrast key facts about abrdn Emerging Markets ex-China Fund (GLLSX) and Northern Emerging Markets Equity Index Fund (NOEMX).
GLLSX is managed by Aberdeen. It was launched on Aug 29, 2000. NOEMX is managed by Northern Funds. It was launched on Apr 24, 2006.
Performance
GLLSX vs. NOEMX - Performance Comparison
Loading graphics...
GLLSX vs. NOEMX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GLLSX abrdn Emerging Markets ex-China Fund | 8.83% | 34.81% | 0.73% | 21.35% | -23.04% | 36.50% | 15.93% | 23.64% | -11.50% | 23.06% |
NOEMX Northern Emerging Markets Equity Index Fund | 2.41% | 33.67% | 7.10% | 9.20% | -20.53% | -3.36% | 17.63% | 18.32% | -15.04% | 37.34% |
Returns By Period
In the year-to-date period, GLLSX achieves a 8.83% return, which is significantly higher than NOEMX's 2.41% return. Over the past 10 years, GLLSX has outperformed NOEMX with an annualized return of 11.92%, while NOEMX has yielded a comparatively lower 7.71% annualized return.
GLLSX
- 1D
- 3.18%
- 1M
- -10.26%
- YTD
- 8.83%
- 6M
- 18.55%
- 1Y
- 52.10%
- 3Y*
- 18.93%
- 5Y*
- 12.59%
- 10Y*
- 11.92%
NOEMX
- 1D
- 1.43%
- 1M
- -10.05%
- YTD
- 2.41%
- 6M
- 5.83%
- 1Y
- 31.13%
- 3Y*
- 15.35%
- 5Y*
- 3.42%
- 10Y*
- 7.71%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
GLLSX vs. NOEMX - Expense Ratio Comparison
GLLSX has a 1.23% expense ratio, which is higher than NOEMX's 0.22% expense ratio.
Return for Risk
GLLSX vs. NOEMX — Risk / Return Rank
GLLSX
NOEMX
GLLSX vs. NOEMX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for abrdn Emerging Markets ex-China Fund (GLLSX) and Northern Emerging Markets Equity Index Fund (NOEMX). 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.
| GLLSX | NOEMX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.70 | 1.89 | +0.81 |
Sortino ratioReturn per unit of downside risk | 3.29 | 2.52 | +0.77 |
Omega ratioGain probability vs. loss probability | 1.50 | 1.37 | +0.13 |
Calmar ratioReturn relative to maximum drawdown | 3.64 | 2.09 | +1.55 |
Martin ratioReturn relative to average drawdown | 15.21 | 7.91 | +7.30 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| GLLSX | NOEMX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.70 | 1.89 | +0.81 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.73 | 0.21 | +0.52 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.69 | 0.45 | +0.24 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.57 | 0.21 | +0.35 |
Correlation
The correlation between GLLSX and NOEMX is 0.80, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
GLLSX vs. NOEMX - Dividend Comparison
GLLSX's dividend yield for the trailing twelve months is around 1.72%, less than NOEMX's 2.47% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GLLSX abrdn Emerging Markets ex-China Fund | 1.72% | 1.88% | 0.74% | 0.77% | 29.32% | 22.85% | 0.00% | 3.38% | 9.47% | 8.40% | 1.09% | 0.94% |
NOEMX Northern Emerging Markets Equity Index Fund | 2.47% | 2.53% | 2.98% | 3.86% | 2.42% | 2.87% | 2.36% | 3.24% | 2.76% | 1.74% | 1.92% | 2.54% |
Drawdowns
GLLSX vs. NOEMX - Drawdown Comparison
The maximum GLLSX drawdown since its inception was -32.59%, smaller than the maximum NOEMX drawdown of -66.67%. Use the drawdown chart below to compare losses from any high point for GLLSX and NOEMX.
Loading graphics...
Drawdown Indicators
| GLLSX | NOEMX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.59% | -66.67% | +34.08% |
Max Drawdown (1Y)Largest decline over 1 year | -14.39% | -13.06% | -1.33% |
Max Drawdown (5Y)Largest decline over 5 years | -30.02% | -37.28% | +7.26% |
Max Drawdown (10Y)Largest decline over 10 years | -32.59% | -39.49% | +6.90% |
Current DrawdownCurrent decline from peak | -11.66% | -11.81% | +0.15% |
Average DrawdownAverage peak-to-trough decline | -7.99% | -19.16% | +11.17% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.44% | 3.59% | -0.15% |
Volatility
GLLSX vs. NOEMX - Volatility Comparison
abrdn Emerging Markets ex-China Fund (GLLSX) has a higher volatility of 11.43% compared to Northern Emerging Markets Equity Index Fund (NOEMX) at 7.56%. This indicates that GLLSX's price experiences larger fluctuations and is considered to be riskier than NOEMX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| GLLSX | NOEMX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.43% | 7.56% | +3.87% |
Volatility (6M)Calculated over the trailing 6-month period | 15.86% | 12.09% | +3.77% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.71% | 17.35% | +2.36% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.27% | 16.10% | +1.17% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.37% | 17.41% | -0.04% |