MATFX vs. EEMA
Compare and contrast key facts about Matthews Asia Innovators Fund (MATFX) and iShares MSCI Emerging Markets Asia ETF (EEMA).
MATFX is managed by Matthews Asia Funds. It was launched on Dec 26, 1999. EEMA is a passively managed fund by iShares that tracks the performance of the MSCI Emerging Markets Asia Index. It was launched on Feb 8, 2012.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MATFX or EEMA.
Key characteristics
| MATFX | EEMA | |
|---|---|---|
| YTD Return | 10.08% | 6.81% |
| 1Y Return | 10.98% | 10.36% |
| 3Y Return (Ann) | -10.88% | -6.54% |
| 5Y Return (Ann) | 8.61% | 3.44% |
| 10Y Return (Ann) | 7.49% | 4.18% |
| Sharpe Ratio | 0.65 | 0.64 |
| Daily Std Dev | 17.16% | 16.26% |
| Max Drawdown | -77.90% | -44.19% |
| Current Drawdown | -42.23% | -24.60% |
Correlation
The correlation between MATFX and EEMA is 0.79, 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.
Performance
MATFX vs. EEMA - Performance Comparison
In the year-to-date period, MATFX achieves a 10.08% return, which is significantly higher than EEMA's 6.81% return. Over the past 10 years, MATFX has outperformed EEMA with an annualized return of 7.49%, while EEMA has yielded a comparatively lower 4.18% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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MATFX vs. EEMA - Expense Ratio Comparison
MATFX has a 1.18% expense ratio, which is higher than EEMA's 0.50% expense ratio.
Risk-Adjusted Performance
MATFX vs. EEMA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Matthews Asia Innovators Fund (MATFX) and iShares MSCI Emerging Markets Asia ETF (EEMA). 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.
Dividends
MATFX vs. EEMA - Dividend Comparison
MATFX has not paid dividends to shareholders, while EEMA's dividend yield for the trailing twelve months is around 2.10%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MATFX Matthews Asia Innovators Fund | 0.00% | 0.00% | 26.55% | 22.99% | 1.67% | 0.29% | 2.63% | 8.44% | 0.00% | 15.24% | 1.06% | 0.06% |
EEMA iShares MSCI Emerging Markets Asia ETF | 2.10% | 2.25% | 1.78% | 2.18% | 1.15% | 1.85% | 2.16% | 1.73% | 1.74% | 2.43% | 1.33% | 2.41% |
Drawdowns
MATFX vs. EEMA - Drawdown Comparison
The maximum MATFX drawdown since its inception was -77.90%, which is greater than EEMA's maximum drawdown of -44.19%. Use the drawdown chart below to compare losses from any high point for MATFX and EEMA. For additional features, visit the drawdowns tool.
Volatility
MATFX vs. EEMA - Volatility Comparison
Matthews Asia Innovators Fund (MATFX) has a higher volatility of 6.77% compared to iShares MSCI Emerging Markets Asia ETF (EEMA) at 5.83%. This indicates that MATFX's price experiences larger fluctuations and is considered to be riskier than EEMA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.