IGIEX vs. AGEYX
Compare and contrast key facts about Ashmore Emerging Markets Investment Grade Income Fund (IGIEX) and American Beacon Developing World Income Fund Class Y (AGEYX).
IGIEX is managed by Ashmore. It was launched on Sep 16, 2020. AGEYX is a passively managed fund by American Beacon that tracks the performance of the JPMorgan® EMBI Global Diversified Index. It was launched on Feb 25, 2014.
Performance
IGIEX vs. AGEYX - Performance Comparison
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IGIEX vs. AGEYX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
IGIEX Ashmore Emerging Markets Investment Grade Income Fund | -0.62% | 18.29% | 6.74% | 7.76% | -16.44% | -2.75% | 6.18% |
AGEYX American Beacon Developing World Income Fund Class Y | 1.59% | 19.15% | 15.85% | 13.10% | -12.62% | 6.91% | 5.73% |
Returns By Period
In the year-to-date period, IGIEX achieves a -0.62% return, which is significantly lower than AGEYX's 1.59% return.
IGIEX
- 1D
- -0.23%
- 1M
- -3.39%
- YTD
- -0.62%
- 6M
- 3.51%
- 1Y
- 14.02%
- 3Y*
- 9.98%
- 5Y*
- 2.67%
- 10Y*
- —
AGEYX
- 1D
- -0.53%
- 1M
- -3.02%
- YTD
- 1.59%
- 6M
- 7.64%
- 1Y
- 18.64%
- 3Y*
- 16.31%
- 5Y*
- 8.13%
- 10Y*
- 7.77%
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IGIEX vs. AGEYX - Expense Ratio Comparison
IGIEX has a 0.72% expense ratio, which is lower than AGEYX's 1.14% expense ratio.
Return for Risk
IGIEX vs. AGEYX — Risk / Return Rank
IGIEX
AGEYX
IGIEX vs. AGEYX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Ashmore Emerging Markets Investment Grade Income Fund (IGIEX) and American Beacon Developing World Income Fund Class Y (AGEYX). 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.
| IGIEX | AGEYX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.49 | 3.96 | -1.47 |
Sortino ratioReturn per unit of downside risk | 3.68 | 5.44 | -1.76 |
Omega ratioGain probability vs. loss probability | 1.53 | 2.04 | -0.50 |
Calmar ratioReturn relative to maximum drawdown | 2.91 | 4.15 | -1.24 |
Martin ratioReturn relative to average drawdown | 13.08 | 21.19 | -8.11 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| IGIEX | AGEYX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.49 | 3.96 | -1.47 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.49 | 1.60 | -1.11 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 1.56 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.53 | 1.31 | -0.77 |
Correlation
The correlation between IGIEX and AGEYX is 0.58, 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
IGIEX vs. AGEYX - Dividend Comparison
IGIEX's dividend yield for the trailing twelve months is around 7.12%, less than AGEYX's 9.85% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IGIEX Ashmore Emerging Markets Investment Grade Income Fund | 7.12% | 7.40% | 6.42% | 4.00% | 3.19% | 2.31% | 0.82% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
AGEYX American Beacon Developing World Income Fund Class Y | 9.85% | 9.99% | 12.16% | 9.64% | 7.50% | 7.90% | 7.34% | 8.61% | 9.88% | 7.30% | 8.43% | 7.03% |
Drawdowns
IGIEX vs. AGEYX - Drawdown Comparison
The maximum IGIEX drawdown since its inception was -25.61%, which is greater than AGEYX's maximum drawdown of -22.24%. Use the drawdown chart below to compare losses from any high point for IGIEX and AGEYX.
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Drawdown Indicators
| IGIEX | AGEYX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -25.61% | -22.24% | -3.37% |
Max Drawdown (1Y)Largest decline over 1 year | -5.01% | -4.14% | -0.87% |
Max Drawdown (5Y)Largest decline over 5 years | -25.61% | -22.24% | -3.37% |
Max Drawdown (10Y)Largest decline over 10 years | — | -22.24% | — |
Current DrawdownCurrent decline from peak | -3.60% | -3.15% | -0.45% |
Average DrawdownAverage peak-to-trough decline | -8.86% | -3.59% | -5.27% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.12% | 0.86% | +0.26% |
Volatility
IGIEX vs. AGEYX - Volatility Comparison
Ashmore Emerging Markets Investment Grade Income Fund (IGIEX) has a higher volatility of 1.95% compared to American Beacon Developing World Income Fund Class Y (AGEYX) at 1.74%. This indicates that IGIEX's price experiences larger fluctuations and is considered to be riskier than AGEYX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IGIEX | AGEYX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.95% | 1.74% | +0.21% |
Volatility (6M)Calculated over the trailing 6-month period | 3.39% | 2.84% | +0.55% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.83% | 4.65% | +1.18% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.52% | 5.12% | +0.40% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.39% | 5.00% | +0.39% |