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GMF vs. AIA
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between GMF and AIA is 0.69, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


-0.50.00.51.0
Correlation: 0.7

Performance

GMF vs. AIA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SPDR S&P Emerging Asia Pacific ETF (GMF) and iShares Asia 50 ETF (AIA). The values are adjusted to include any dividend payments, if applicable.

70.00%80.00%90.00%100.00%110.00%120.00%130.00%NovemberDecember2025FebruaryMarchApril
89.15%
103.23%
GMF
AIA

Key characteristics

Sharpe Ratio

GMF:

0.61

AIA:

0.71

Sortino Ratio

GMF:

0.98

AIA:

1.15

Omega Ratio

GMF:

1.13

AIA:

1.15

Calmar Ratio

GMF:

0.52

AIA:

0.53

Martin Ratio

GMF:

1.64

AIA:

2.68

Ulcer Index

GMF:

7.53%

AIA:

7.18%

Daily Std Dev

GMF:

20.15%

AIA:

27.21%

Max Drawdown

GMF:

-67.18%

AIA:

-60.89%

Current Drawdown

GMF:

-14.19%

AIA:

-25.28%

Returns By Period

In the year-to-date period, GMF achieves a -1.76% return, which is significantly lower than AIA's 2.58% return. Over the past 10 years, GMF has underperformed AIA with an annualized return of 4.37%, while AIA has yielded a comparatively higher 4.90% annualized return.


GMF

YTD

-1.76%

1M

-2.04%

6M

-5.65%

1Y

10.10%

5Y*

7.09%

10Y*

4.37%

AIA

YTD

2.58%

1M

-4.03%

6M

-2.88%

1Y

15.81%

5Y*

5.38%

10Y*

4.90%

*Annualized

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GMF vs. AIA - Expense Ratio Comparison

GMF has a 0.49% expense ratio, which is lower than AIA's 0.50% expense ratio.


Expense ratio chart for AIA: current value is 0.50%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
AIA: 0.50%
Expense ratio chart for GMF: current value is 0.49%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
GMF: 0.49%

Risk-Adjusted Performance

GMF vs. AIA — Risk-Adjusted Performance Rank

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

GMF
The Risk-Adjusted Performance Rank of GMF is 6363
Overall Rank
The Sharpe Ratio Rank of GMF is 6666
Sharpe Ratio Rank
The Sortino Ratio Rank of GMF is 6767
Sortino Ratio Rank
The Omega Ratio Rank of GMF is 6464
Omega Ratio Rank
The Calmar Ratio Rank of GMF is 6464
Calmar Ratio Rank
The Martin Ratio Rank of GMF is 5555
Martin Ratio Rank

AIA
The Risk-Adjusted Performance Rank of AIA is 7070
Overall Rank
The Sharpe Ratio Rank of AIA is 7171
Sharpe Ratio Rank
The Sortino Ratio Rank of AIA is 7373
Sortino Ratio Rank
The Omega Ratio Rank of AIA is 7070
Omega Ratio Rank
The Calmar Ratio Rank of AIA is 6565
Calmar Ratio Rank
The Martin Ratio Rank of AIA is 7070
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.

GMF vs. AIA - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR S&P Emerging Asia Pacific ETF (GMF) and iShares Asia 50 ETF (AIA). 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.


The chart of Sharpe ratio for GMF, currently valued at 0.61, compared to the broader market-1.000.001.002.003.004.00
GMF: 0.61
AIA: 0.71
The chart of Sortino ratio for GMF, currently valued at 0.98, compared to the broader market-2.000.002.004.006.008.00
GMF: 0.98
AIA: 1.15
The chart of Omega ratio for GMF, currently valued at 1.13, compared to the broader market0.501.001.502.002.50
GMF: 1.13
AIA: 1.15
The chart of Calmar ratio for GMF, currently valued at 0.52, compared to the broader market0.002.004.006.008.0010.0012.00
GMF: 0.52
AIA: 0.53
The chart of Martin ratio for GMF, currently valued at 1.64, compared to the broader market0.0020.0040.0060.00
GMF: 1.64
AIA: 2.68

The current GMF Sharpe Ratio is 0.61, which is comparable to the AIA Sharpe Ratio of 0.71. The chart below compares the historical Sharpe Ratios of GMF and AIA, 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 Ratio0.000.501.001.502.00NovemberDecember2025FebruaryMarchApril
0.61
0.71
GMF
AIA

Dividends

GMF vs. AIA - Dividend Comparison

GMF's dividend yield for the trailing twelve months is around 1.95%, less than AIA's 2.71% yield.


TTM20242023202220212020201920182017201620152014
GMF
SPDR S&P Emerging Asia Pacific ETF
1.95%1.92%2.75%2.54%2.71%1.32%1.75%2.26%1.70%2.49%3.76%1.55%
AIA
iShares Asia 50 ETF
2.71%2.78%2.62%2.59%1.53%1.11%2.24%2.50%1.45%2.29%2.88%2.24%

Drawdowns

GMF vs. AIA - Drawdown Comparison

The maximum GMF drawdown since its inception was -67.18%, which is greater than AIA's maximum drawdown of -60.89%. Use the drawdown chart below to compare losses from any high point for GMF and AIA. For additional features, visit the drawdowns tool.


-35.00%-30.00%-25.00%-20.00%-15.00%-10.00%NovemberDecember2025FebruaryMarchApril
-14.19%
-25.28%
GMF
AIA

Volatility

GMF vs. AIA - Volatility Comparison

The current volatility for SPDR S&P Emerging Asia Pacific ETF (GMF) is 11.40%, while iShares Asia 50 ETF (AIA) has a volatility of 14.70%. This indicates that GMF experiences smaller price fluctuations and is considered to be less risky than AIA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


4.00%6.00%8.00%10.00%12.00%14.00%NovemberDecember2025FebruaryMarchApril
11.40%
14.70%
GMF
AIA