IGIEX vs. ESIGX

Last updated Apr 1, 2026

Compare and contrast key facts about Ashmore Emerging Markets Investment Grade Income Fund (IGIEX) and Ashmore Emerging Markets Equity ESG Fund (ESIGX).

IGIEX is managed by Ashmore. It was launched on Sep 16, 2020. ESIGX is managed by Ashmore. It was launched on Feb 25, 2020.

Performance

IGIEX vs. ESIGX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Ashmore Emerging Markets Investment Grade Income Fund (IGIEX) and Ashmore Emerging Markets Equity ESG Fund (ESIGX). The values are adjusted to include any dividend payments, if applicable.

IGIEX vs. ESIGX - 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%
ESIGX Ashmore Emerging Markets Equity ESG Fund	1.15%	34.35%	7.96%	10.61%	-27.17%	-1.02%	23.37%

Returns By Period

In the year-to-date period, IGIEX achieves a -0.62% return, which is significantly lower than ESIGX's 1.15% return.

IGIEX

• 1D: -0.23%
• 1M: -3.39%
• YTD: -0.62%
• 6M: 3.51%
• 1Y: 14.02%
• 3Y*: 9.98%
• 5Y*: 2.67%
• 10Y*: —

ESIGX

• 1D: -0.92%
• 1M: -11.93%
• YTD: 1.15%
• 6M: 6.52%
• 1Y: 36.15%
• 3Y*: 14.69%
• 5Y*: 2.85%
• 10Y*: —

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

IGIEX vs. ESIGX - Expense Ratio Comparison

IGIEX has a 0.72% expense ratio, which is lower than ESIGX's 1.17% expense ratio.

ESIGX

Ashmore Emerging Markets Equity ESG Fund

IGIEX

Ashmore Emerging Markets Investment Grade Income Fund

Return for Risk

IGIEX vs. ESIGX — Risk / Return Rank

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

IGIEX

IGIEX Risk / Return Rank: 95
IGIEX Sharpe Ratio Rank: 96
IGIEX Sortino Ratio Rank: 97
IGIEX Omega Ratio Rank: 95
IGIEX Calmar Ratio Rank: 93
IGIEX Martin Ratio Rank: 95

ESIGX

ESIGX Risk / Return Rank: 88
ESIGX Sharpe Ratio Rank: 90
ESIGX Sortino Ratio Rank: 89
ESIGX Omega Ratio Rank: 85
ESIGX Calmar Ratio Rank: 88
ESIGX Martin Ratio Rank: 87

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.

IGIEX vs. ESIGX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Ashmore Emerging Markets Investment Grade Income Fund (IGIEX) and Ashmore Emerging Markets Equity ESG Fund (ESIGX). 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	ESIGX	Difference
Sharpe ratio Return per unit of total volatility	2.49	1.86	+0.63
Sortino ratio Return per unit of downside risk	3.68	2.46	+1.22
Omega ratio Gain probability vs. loss probability	1.53	1.35	+0.18
Calmar ratio Return relative to maximum drawdown	2.91	2.35	+0.56
Martin ratio Return relative to average drawdown	13.08	9.35	+3.73
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IGIEX vs. ESIGX - Sharpe Ratio Comparison

The current IGIEX Sharpe Ratio is 2.49, which is higher than the ESIGX Sharpe Ratio of 1.86. The chart below compares the historical Sharpe Ratios of IGIEX and ESIGX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	IGIEX	ESIGX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.49	1.86	+0.63
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.49	0.15	+0.33
Sharpe Ratio (All Time) Calculated using the full available price history	0.53	0.43	+0.11

Correlation

The correlation between IGIEX and ESIGX is 0.30, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

IGIEX vs. ESIGX - Dividend Comparison

IGIEX's dividend yield for the trailing twelve months is around 7.12%, more than ESIGX's 2.02% yield.

	TTM	2025	2024	2023	2022	2021	2020
IGIEX Ashmore Emerging Markets Investment Grade Income Fund	7.12%	7.40%	6.42%	4.00%	3.19%	2.31%	0.82%
ESIGX Ashmore Emerging Markets Equity ESG Fund	2.02%	2.04%	0.51%	0.78%	0.00%	16.52%	0.61%

Drawdowns

IGIEX vs. ESIGX - Drawdown Comparison

The maximum IGIEX drawdown since its inception was -25.61%, smaller than the maximum ESIGX drawdown of -47.21%. Use the drawdown chart below to compare losses from any high point for IGIEX and ESIGX.

Drawdown Indicators

	IGIEX	ESIGX	Difference
Max Drawdown Largest peak-to-trough decline	-25.61%	-47.21%	+21.60%
Max Drawdown (1Y) Largest decline over 1 year	-5.01%	-13.50%	+8.49%
Max Drawdown (5Y) Largest decline over 5 years	-25.61%	-44.76%	+19.15%
Current Drawdown Current decline from peak	-3.60%	-13.34%	+9.74%
Average Drawdown Average peak-to-trough decline	-8.86%	-20.32%	+11.46%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.12%	3.39%	-2.27%

Volatility

IGIEX vs. ESIGX - Volatility Comparison

The current volatility for Ashmore Emerging Markets Investment Grade Income Fund (IGIEX) is 1.95%, while Ashmore Emerging Markets Equity ESG Fund (ESIGX) has a volatility of 7.63%. This indicates that IGIEX experiences smaller price fluctuations and is considered to be less risky than ESIGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IGIEX	ESIGX	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.95%	7.63%	-5.68%
Volatility (6M) Calculated over the trailing 6-month period	3.39%	12.59%	-9.20%
Volatility (1Y) Calculated over the trailing 1-year period	5.83%	18.64%	-12.81%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.52%	18.54%	-13.02%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.39%	21.62%	-16.23%