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MASGX vs. MEGMX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

MASGX vs. MEGMX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Matthews Asia ESG Fund (MASGX) and Matthews Emerging Markets Equity Fund (MEGMX). The values are adjusted to include any dividend payments, if applicable.

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MASGX vs. MEGMX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020
MASGX
Matthews Asia ESG Fund
4.69%22.83%-2.51%7.99%-14.37%5.33%67.72%
MEGMX
Matthews Emerging Markets Equity Fund
-0.31%29.37%11.11%8.46%-20.94%-1.90%61.26%

Returns By Period

In the year-to-date period, MASGX achieves a 4.69% return, which is significantly higher than MEGMX's -0.31% return.


MASGX

1D
-1.83%
1M
-13.33%
YTD
4.69%
6M
8.81%
1Y
29.25%
3Y*
10.16%
5Y*
3.06%
10Y*
9.21%

MEGMX

1D
-1.39%
1M
-13.91%
YTD
-0.31%
6M
2.52%
1Y
26.84%
3Y*
14.55%
5Y*
3.49%
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

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MASGX vs. MEGMX - Expense Ratio Comparison

MASGX has a 1.24% expense ratio, which is higher than MEGMX's 1.08% expense ratio.


Return for Risk

MASGX vs. MEGMX — Risk / Return Rank

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

MASGX
MASGX Risk / Return Rank: 6868
Overall Rank
MASGX Sharpe Ratio Rank: 7979
Sharpe Ratio Rank
MASGX Sortino Ratio Rank: 7777
Sortino Ratio Rank
MASGX Omega Ratio Rank: 7272
Omega Ratio Rank
MASGX Calmar Ratio Rank: 6262
Calmar Ratio Rank
MASGX Martin Ratio Rank: 5151
Martin Ratio Rank

MEGMX
MEGMX Risk / Return Rank: 7272
Overall Rank
MEGMX Sharpe Ratio Rank: 8282
Sharpe Ratio Rank
MEGMX Sortino Ratio Rank: 8181
Sortino Ratio Rank
MEGMX Omega Ratio Rank: 7777
Omega Ratio Rank
MEGMX Calmar Ratio Rank: 6161
Calmar Ratio Rank
MEGMX Martin Ratio Rank: 5757
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.

MASGX vs. MEGMX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Matthews Asia ESG Fund (MASGX) 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.


MASGXMEGMXDifference

Sharpe ratio

Return per unit of total volatility

1.45

1.53

-0.09

Sortino ratio

Return per unit of downside risk

1.94

2.10

-0.17

Omega ratio

Gain probability vs. loss probability

1.27

1.30

-0.03

Calmar ratio

Return relative to maximum drawdown

1.44

1.44

-0.01

Martin ratio

Return relative to average drawdown

5.06

5.52

-0.46

MASGX vs. MEGMX - Sharpe Ratio Comparison

The current MASGX Sharpe Ratio is 1.45, which is comparable to the MEGMX Sharpe Ratio of 1.53. The chart below compares the historical Sharpe Ratios of MASGX and MEGMX, 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


MASGXMEGMXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.45

1.53

-0.09

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.15

0.21

-0.06

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.51

Sharpe Ratio (All Time)

Calculated using the full available price history

0.50

0.70

-0.20

Correlation

The correlation between MASGX and MEGMX is 0.83, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


Dividends

MASGX vs. MEGMX - Dividend Comparison

MASGX's dividend yield for the trailing twelve months is around 5.33%, more than MEGMX's 2.98% yield.


TTM2025202420232022202120202019201820172016
MASGX
Matthews Asia ESG Fund
5.33%5.58%2.58%7.52%5.39%2.60%5.66%1.36%4.52%3.70%1.47%
MEGMX
Matthews Emerging Markets Equity Fund
2.98%2.97%0.92%1.82%1.81%7.76%2.26%0.00%0.00%0.00%0.00%

Drawdowns

MASGX vs. MEGMX - Drawdown Comparison

The maximum MASGX drawdown since its inception was -36.34%, roughly equal to the maximum MEGMX drawdown of -37.64%. Use the drawdown chart below to compare losses from any high point for MASGX and MEGMX.


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Drawdown Indicators


MASGXMEGMXDifference

Max Drawdown

Largest peak-to-trough decline

-36.34%

-37.64%

+1.30%

Max Drawdown (1Y)

Largest decline over 1 year

-14.20%

-15.34%

+1.14%

Max Drawdown (5Y)

Largest decline over 5 years

-36.34%

-37.03%

+0.69%

Max Drawdown (10Y)

Largest decline over 10 years

-36.34%

Current Drawdown

Current decline from peak

-14.20%

-15.34%

+1.14%

Average Drawdown

Average peak-to-trough decline

-11.38%

-14.93%

+3.55%

Ulcer Index

Depth and duration of drawdowns from previous peaks

4.36%

4.01%

+0.35%

Volatility

MASGX vs. MEGMX - Volatility Comparison

Matthews Asia ESG Fund (MASGX) has a higher volatility of 9.85% compared to Matthews Emerging Markets Equity Fund (MEGMX) at 8.36%. This indicates that MASGX's price experiences larger fluctuations and is considered to be riskier than MEGMX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


MASGXMEGMXDifference

Volatility (1M)

Calculated over the trailing 1-month period

9.85%

8.36%

+1.49%

Volatility (6M)

Calculated over the trailing 6-month period

15.17%

13.16%

+2.01%

Volatility (1Y)

Calculated over the trailing 1-year period

20.08%

17.81%

+2.27%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

20.13%

16.82%

+3.31%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

18.20%

17.23%

+0.97%