MAPTX vs. MEGMX
MAPTX (Matthews Pacific Tiger Fund) and MEGMX (Matthews Emerging Markets Equity Fund) are both mutual funds - MAPTX is a Asia Pacific Equities fund managed by Matthews, while MEGMX is a Emerging Markets Equities fund managed by Matthews. Over the past 5 years, MAPTX returned -0.03%/yr vs 7.47%/yr for MEGMX. Their correlation of 0.91 means they have usually moved in the same direction. MAPTX charges 1.09%/yr vs 1.08%/yr for MEGMX.
Performance
MAPTX vs. MEGMX - Performance Comparison
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Returns By Period
In the year-to-date period, MAPTX achieves a 19.29% return, which is significantly lower than MEGMX's 21.66% return.
MAPTX
- 1D
- 4.12%
- 1M
- -5.17%
- 6M
- 11.07%
- YTD
- 19.29%
- 1Y
- 38.26%
- 3Y*
- 13.25%
- 5Y*
- -0.03%
- 10Y*
- 4.96%
- ALL TIME*
- 7.54%
MEGMX
- 1D
- 4.40%
- 1M
- -4.18%
- 6M
- 11.77%
- YTD
- 21.66%
- 1Y
- 38.98%
- 3Y*
- 19.70%
- 5Y*
- 7.47%
- 10Y*
- —
- ALL TIME*
- 14.83%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
MAPTX vs. MEGMX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
MAPTX Matthews Pacific Tiger Fund | 19.29% | 30.07% | 3.25% | -4.82% | -20.69% | -17.92% | 50.08% |
MEGMX Matthews Emerging Markets Equity Fund | 21.66% | 29.37% | 11.11% | 8.46% | -20.94% | -1.90% | 61.26% |
Correlation
The correlation between MAPTX and MEGMX is 0.96 - they have historically moved very closely together. At this level, their price movements offset little of one another.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.96 |
Correlation (3Y) Balances recent behavior with more history. | 0.94 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.91 |
Correlation (All Time) Calculated using the full available price history since Apr 30, 2020 | 0.91 |
The correlation between MAPTX and MEGMX has been stable across timeframes, ranging from 0.91 to 0.96 - a consistent structural relationship.
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Return for Risk
MAPTX vs. MEGMX — Risk / Return Rank
MAPTX
MEGMX
MAPTX vs. MEGMX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Matthews Pacific Tiger Fund (MAPTX) and Matthews Emerging Markets Equity Fund (MEGMX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| MAPTX | MEGMX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.04 | ||
| Sortino ratioReturn per unit of downside risk | -0.10 | ||
| Omega ratioGain probability vs. loss probability | 1.28 | 1.29 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 2.12 | 2.32 | -0.20 |
| Martin ratioReturn relative to average drawdown | 6.98 | 7.13 | -0.15 |
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Drawdowns
MAPTX vs. MEGMX - Drawdown Comparison
The maximum MAPTX drawdown since its inception was -69.79%, which is greater than MEGMX's maximum drawdown of -37.64%. Use the drawdown chart below to compare losses from any high point for MAPTX and MEGMX.
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Drawdown Indicators
| MAPTX | MEGMX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -69.79% | -37.64% | -32.15% |
Max Drawdown (1Y)Largest decline over 1 year | -17.30% | -16.26% | -1.04% |
Max Drawdown (3Y)Largest decline over 3 years | -22.23% | -18.39% | -3.84% |
Max Drawdown (5Y)Largest decline over 5 years | -46.28% | -34.81% | -11.47% |
Max Drawdown (10Y)Largest decline over 10 years | -52.31% | — | — |
Current DrawdownCurrent decline from peak | -13.89% | -12.58% | -1.31% |
Average DrawdownAverage peak-to-trough decline | -17.40% | -14.40% | -3.00% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.18% | 5.23% | -0.05% |
Volatility
MAPTX vs. MEGMX - Volatility Comparison
Matthews Pacific Tiger Fund (MAPTX) and Matthews Emerging Markets Equity Fund (MEGMX) have volatilities of 10.17% and 9.88%, 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
| MAPTX | MEGMX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.17% | 9.88% | +0.29% |
Volatility (6M)Calculated over the trailing 6-month period | 23.53% | 23.68% | -0.15% |
Volatility (1Y)Calculated over the trailing 1-year period | 25.40% | 25.41% | -0.01% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.18% | 18.91% | +2.27% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.89% | 18.73% | +0.16% |
MAPTX vs. MEGMX - Expense Ratio Comparison
MAPTX has a 1.09% expense ratio, which is higher than MEGMX's 1.08% expense ratio.
Dividends
MAPTX vs. MEGMX - Dividend Comparison
MAPTX's dividend yield for the trailing twelve months is around 1.95%, less than MEGMX's 2.44% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MAPTX Matthews Pacific Tiger Fund | 1.95% | 2.33% | 8.93% | 2.93% | 8.52% | 4.85% | 5.74% | 3.44% | 4.78% | 1.25% | 2.61% | 11.18% |
MEGMX Matthews Emerging Markets Equity Fund | 2.44% | 2.97% | 0.92% | 1.82% | 1.81% | 7.76% | 2.26% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
With a correlation of 0.96, MAPTX and MEGMX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
MAPTX has higher volatility (10.17%) compared to MEGMX (9.88%). In terms of maximum drawdown, MAPTX dropped -69.79% vs MEGMX's -37.64%.
MEGMX currently has the higher Sharpe Ratio (1.48 vs 1.44), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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