GOPIX vs. GLLSX

Last updated Jun 4, 2026

GOPIX (abrdn China A Share Equity Fund) and GLLSX (abrdn Emerging Markets ex-China Fund) are both mutual funds - GOPIX is a China Equities fund managed by Aberdeen, while GLLSX is a Emerging Markets Diversified fund managed by Aberdeen. A 0.50 correlation means they provide meaningful diversification when combined. GOPIX charges 0.99%/yr vs 1.23%/yr for GLLSX.

Performance

GOPIX vs. GLLSX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in abrdn China A Share Equity Fund (GOPIX) and abrdn Emerging Markets ex-China Fund (GLLSX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

GOPIX

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

GLLSX

• 1D: 0.17%
• 1M: 11.34%
• YTD: 46.58%
• 6M: 50.65%
• 1Y: 88.61%
• 3Y*: 29.36%
• 5Y*: 18.30%
• 10Y*: 15.05%

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

GOPIX vs. GLLSX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
GOPIX abrdn China A Share Equity Fund	0.00%	25.89%	5.70%	-24.96%	-22.46%	-3.67%	56.93%	31.74%	-11.87%	35.06%
GLLSX abrdn Emerging Markets ex-China Fund	46.58%	34.81%	0.73%	21.35%	-23.04%	36.50%	15.93%	23.64%	-11.50%	23.06%

Correlation

The correlation between GOPIX and GLLSX is 0.07, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.07
Correlation (3Y) Calculated over the trailing 3-year period	0.22
Correlation (5Y) Calculated over the trailing 5-year period	0.33
Correlation (10Y) Calculated over the trailing 10-year period	0.47
Correlation (All Time) Calculated using the full available price history since Aug 6, 2012	0.50

Over the past year, the correlation between GOPIX and GLLSX has dropped to 0.07 - well below their long-term average of 0.50, suggesting their price drivers have been diverging.

Return for Risk

GOPIX vs. GLLSX — Risk / Return Rank

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

GLLSX

GLLSX Risk / Return Rank: 96
GLLSX Sharpe Ratio Rank: 99
GLLSX Sortino Ratio Rank: 94
GLLSX Omega Ratio Rank: 94
GLLSX Calmar Ratio Rank: 96
GLLSX Martin Ratio Rank: 96

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.

GOPIX vs. GLLSX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for abrdn China A Share Equity Fund (GOPIX) and abrdn Emerging Markets ex-China Fund (GLLSX). 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

	GOPIX	GLLSX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	4.14	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	1.02	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.85	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.69	—

Drawdowns

Drawdown Indicators

	GOPIX	GLLSX	Difference
Max Drawdown Largest peak-to-trough decline	—	-32.59%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-14.39%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-20.95%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-30.02%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-32.59%	—
Current Drawdown Current decline from peak	—	0.00%	—
Average Drawdown Average peak-to-trough decline	—	-7.92%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.61%	—

Volatility

Volatility by Period

	GOPIX	GLLSX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	9.95%	—
Volatility (6M) Calculated over the trailing 6-month period	—	19.05%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	21.43%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	18.09%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	17.80%	—

GOPIX vs. GLLSX - Expense Ratio Comparison

GOPIX has a 0.99% expense ratio, which is lower than GLLSX's 1.23% expense ratio.

Dividends

GOPIX vs. GLLSX - Dividend Comparison

GOPIX's dividend yield for the trailing twelve months is around 1.46%, more than GLLSX's 1.28% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GLLSX abrdn Emerging Markets ex-China Fund	1.28%	1.88%	0.74%	0.77%	29.32%	22.85%	0.00%	3.38%	9.47%	8.40%	1.09%	0.94%
GOPIX abrdn China A Share Equity Fund	1.46%	1.46%	1.29%	0.79%	0.00%	5.22%	1.42%	4.45%	0.41%	1.24%	1.40%	2.03%

Frequently Asked Questions

Can I hold both GOPIX and GLLSX in my portfolio?

GOPIX and GLLSX have a correlation of 0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.