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IASMX vs. GAAEX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

IASMX vs. GAAEX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Guinness Atkinson Asia Focus Fund (IASMX) and Guinness Atkinson Alternative Energy Fund (GAAEX). The values are adjusted to include any dividend payments, if applicable.

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IASMX vs. GAAEX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
IASMX
Guinness Atkinson Asia Focus Fund
-1.19%29.64%4.38%5.95%-28.04%-6.46%26.02%29.32%-17.58%47.12%
GAAEX
Guinness Atkinson Alternative Energy Fund
-3.94%26.64%-11.85%-2.39%-12.67%8.40%86.45%30.20%-15.49%20.68%

Returns By Period

In the year-to-date period, IASMX achieves a -1.19% return, which is significantly higher than GAAEX's -3.94% return. Over the past 10 years, IASMX has underperformed GAAEX with an annualized return of 7.59%, while GAAEX has yielded a comparatively higher 8.24% annualized return.


IASMX

1D
-0.27%
1M
-8.38%
YTD
-1.19%
6M
-2.18%
1Y
26.03%
3Y*
9.95%
5Y*
-1.62%
10Y*
7.59%

GAAEX

1D
-0.97%
1M
-12.61%
YTD
-3.94%
6M
-1.93%
1Y
28.02%
3Y*
-1.40%
5Y*
-0.44%
10Y*
8.24%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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IASMX vs. GAAEX - Expense Ratio Comparison

Both IASMX and GAAEX have an expense ratio of 1.98%.


Return for Risk

IASMX vs. GAAEX — Risk / Return Rank

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

IASMX
IASMX Risk / Return Rank: 6868
Overall Rank
IASMX Sharpe Ratio Rank: 7171
Sharpe Ratio Rank
IASMX Sortino Ratio Rank: 7272
Sortino Ratio Rank
IASMX Omega Ratio Rank: 6666
Omega Ratio Rank
IASMX Calmar Ratio Rank: 6464
Calmar Ratio Rank
IASMX Martin Ratio Rank: 6767
Martin Ratio Rank

GAAEX
GAAEX Risk / Return Rank: 6868
Overall Rank
GAAEX Sharpe Ratio Rank: 7070
Sharpe Ratio Rank
GAAEX Sortino Ratio Rank: 7373
Sortino Ratio Rank
GAAEX Omega Ratio Rank: 6161
Omega Ratio Rank
GAAEX Calmar Ratio Rank: 7373
Calmar Ratio Rank
GAAEX Martin Ratio Rank: 6666
Martin Ratio Rank
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.

IASMX vs. GAAEX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Guinness Atkinson Asia Focus Fund (IASMX) and Guinness Atkinson Alternative Energy Fund (GAAEX). 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.


IASMXGAAEXDifference

Sharpe ratio

Return per unit of total volatility

1.26

1.23

+0.03

Sortino ratio

Return per unit of downside risk

1.80

1.84

-0.04

Omega ratio

Gain probability vs. loss probability

1.25

1.23

+0.02

Calmar ratio

Return relative to maximum drawdown

1.49

1.69

-0.20

Martin ratio

Return relative to average drawdown

6.38

6.26

+0.12

IASMX vs. GAAEX - Sharpe Ratio Comparison

The current IASMX Sharpe Ratio is 1.26, which is comparable to the GAAEX Sharpe Ratio of 1.23. The chart below compares the historical Sharpe Ratios of IASMX and GAAEX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


IASMXGAAEXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.26

1.23

+0.03

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

-0.08

-0.02

-0.06

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.37

0.37

0.00

Sharpe Ratio (All Time)

Calculated using the full available price history

0.16

-0.10

+0.26

Correlation

The correlation between IASMX and GAAEX is 0.63, 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.


Dividends

IASMX vs. GAAEX - Dividend Comparison

IASMX's dividend yield for the trailing twelve months is around 7.01%, more than GAAEX's 0.34% yield.


TTM20252024202320222021202020192018201720162015
IASMX
Guinness Atkinson Asia Focus Fund
7.01%6.92%1.51%1.16%3.40%9.14%5.78%6.61%12.82%0.90%1.44%1.18%
GAAEX
Guinness Atkinson Alternative Energy Fund
0.34%0.33%0.26%0.00%0.00%0.00%0.00%0.00%0.09%0.28%0.00%0.00%

Drawdowns

IASMX vs. GAAEX - Drawdown Comparison

The maximum IASMX drawdown since its inception was -76.53%, smaller than the maximum GAAEX drawdown of -85.83%. Use the drawdown chart below to compare losses from any high point for IASMX and GAAEX.


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Drawdown Indicators


IASMXGAAEXDifference

Max Drawdown

Largest peak-to-trough decline

-76.53%

-85.83%

+9.30%

Max Drawdown (1Y)

Largest decline over 1 year

-15.27%

-14.57%

-0.70%

Max Drawdown (5Y)

Largest decline over 5 years

-49.08%

-40.64%

-8.44%

Max Drawdown (10Y)

Largest decline over 10 years

-52.51%

-40.64%

-11.87%

Current Drawdown

Current decline from peak

-18.06%

-59.02%

+40.96%

Average Drawdown

Average peak-to-trough decline

-33.36%

-63.74%

+30.38%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.57%

3.94%

-0.37%

Volatility

IASMX vs. GAAEX - Volatility Comparison

Guinness Atkinson Asia Focus Fund (IASMX) and Guinness Atkinson Alternative Energy Fund (GAAEX) have volatilities of 6.81% and 6.70%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


IASMXGAAEXDifference

Volatility (1M)

Calculated over the trailing 1-month period

6.81%

6.70%

+0.11%

Volatility (6M)

Calculated over the trailing 6-month period

12.32%

13.83%

-1.51%

Volatility (1Y)

Calculated over the trailing 1-year period

20.10%

21.99%

-1.89%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

21.22%

22.23%

-1.01%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

20.61%

22.23%

-1.62%