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MADCX vs. EFEIX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

MADCX vs. EFEIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BlackRock Emerging Markets Fund, Inc. (MADCX) and Ashmore Emerging Markets Frontier Equity Fund (EFEIX). The values are adjusted to include any dividend payments, if applicable.

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MADCX vs. EFEIX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
MADCX
BlackRock Emerging Markets Fund, Inc.
-1.26%30.47%-1.09%10.77%-24.12%-1.14%24.53%26.47%-10.73%42.09%
EFEIX
Ashmore Emerging Markets Frontier Equity Fund
-4.81%20.69%24.12%10.60%-15.91%24.18%-4.12%14.07%-18.04%19.28%

Returns By Period

In the year-to-date period, MADCX achieves a -1.26% return, which is significantly higher than EFEIX's -4.81% return. Over the past 10 years, MADCX has outperformed EFEIX with an annualized return of 8.35%, while EFEIX has yielded a comparatively lower 6.72% annualized return.


MADCX

1D
-1.02%
1M
-14.25%
YTD
-1.26%
6M
4.27%
1Y
29.16%
3Y*
10.44%
5Y*
-0.01%
10Y*
8.35%

EFEIX

1D
-0.39%
1M
-10.76%
YTD
-4.81%
6M
-1.64%
1Y
12.63%
3Y*
15.99%
5Y*
9.66%
10Y*
6.72%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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MADCX vs. EFEIX - Expense Ratio Comparison

MADCX has a 0.86% expense ratio, which is lower than EFEIX's 1.52% expense ratio.


Return for Risk

MADCX vs. EFEIX — Risk / Return Rank

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

MADCX
MADCX Risk / Return Rank: 7575
Overall Rank
MADCX Sharpe Ratio Rank: 7878
Sharpe Ratio Rank
MADCX Sortino Ratio Rank: 7676
Sortino Ratio Rank
MADCX Omega Ratio Rank: 7575
Omega Ratio Rank
MADCX Calmar Ratio Rank: 7272
Calmar Ratio Rank
MADCX Martin Ratio Rank: 7474
Martin Ratio Rank

EFEIX
EFEIX Risk / Return Rank: 4444
Overall Rank
EFEIX Sharpe Ratio Rank: 5353
Sharpe Ratio Rank
EFEIX Sortino Ratio Rank: 4646
Sortino Ratio Rank
EFEIX Omega Ratio Rank: 4646
Omega Ratio Rank
EFEIX Calmar Ratio Rank: 3939
Calmar Ratio Rank
EFEIX Martin Ratio Rank: 3333
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.

MADCX vs. EFEIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BlackRock Emerging Markets Fund, Inc. (MADCX) and Ashmore Emerging Markets Frontier Equity Fund (EFEIX). 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.


MADCXEFEIXDifference

Sharpe ratio

Return per unit of total volatility

1.42

1.00

+0.42

Sortino ratio

Return per unit of downside risk

1.88

1.36

+0.53

Omega ratio

Gain probability vs. loss probability

1.28

1.19

+0.09

Calmar ratio

Return relative to maximum drawdown

1.65

1.03

+0.63

Martin ratio

Return relative to average drawdown

7.10

3.59

+3.51

MADCX vs. EFEIX - Sharpe Ratio Comparison

The current MADCX Sharpe Ratio is 1.42, which is higher than the EFEIX Sharpe Ratio of 1.00. The chart below compares the historical Sharpe Ratios of MADCX and EFEIX, 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


MADCXEFEIXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.42

1.00

+0.42

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

-0.00

1.00

-1.00

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.46

0.62

-0.16

Sharpe Ratio (All Time)

Calculated using the full available price history

0.34

0.36

-0.01

Correlation

The correlation between MADCX and EFEIX is 0.54, 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

MADCX vs. EFEIX - Dividend Comparison

MADCX's dividend yield for the trailing twelve months is around 4.31%, less than EFEIX's 11.96% yield.


TTM20252024202320222021202020192018201720162015
MADCX
BlackRock Emerging Markets Fund, Inc.
4.31%4.26%1.90%1.67%2.22%5.72%0.97%1.53%0.98%0.48%1.82%1.34%
EFEIX
Ashmore Emerging Markets Frontier Equity Fund
11.96%11.69%2.15%2.26%0.17%1.61%0.96%1.63%1.44%0.88%0.38%0.00%

Drawdowns

MADCX vs. EFEIX - Drawdown Comparison

The maximum MADCX drawdown since its inception was -66.58%, which is greater than EFEIX's maximum drawdown of -40.50%. Use the drawdown chart below to compare losses from any high point for MADCX and EFEIX.


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Drawdown Indicators


MADCXEFEIXDifference

Max Drawdown

Largest peak-to-trough decline

-66.58%

-40.50%

-26.08%

Max Drawdown (1Y)

Largest decline over 1 year

-15.57%

-11.62%

-3.95%

Max Drawdown (5Y)

Largest decline over 5 years

-40.70%

-20.83%

-19.87%

Max Drawdown (10Y)

Largest decline over 10 years

-43.82%

-40.50%

-3.32%

Current Drawdown

Current decline from peak

-15.57%

-11.62%

-3.95%

Average Drawdown

Average peak-to-trough decline

-18.45%

-12.38%

-6.07%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.62%

3.32%

+0.30%

Volatility

MADCX vs. EFEIX - Volatility Comparison

BlackRock Emerging Markets Fund, Inc. (MADCX) has a higher volatility of 10.43% compared to Ashmore Emerging Markets Frontier Equity Fund (EFEIX) at 6.28%. This indicates that MADCX's price experiences larger fluctuations and is considered to be riskier than EFEIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


MADCXEFEIXDifference

Volatility (1M)

Calculated over the trailing 1-month period

10.43%

6.28%

+4.15%

Volatility (6M)

Calculated over the trailing 6-month period

15.69%

8.74%

+6.95%

Volatility (1Y)

Calculated over the trailing 1-year period

20.03%

12.26%

+7.77%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

17.44%

9.69%

+7.75%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

18.25%

10.93%

+7.32%