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MATFX vs. EEMA
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

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.


-0.50.00.51.00.8

Performance

MATFX vs. EEMA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Matthews Asia Innovators Fund (MATFX) and iShares MSCI Emerging Markets Asia ETF (EEMA). The values are adjusted to include any dividend payments, if applicable.

-10.00%-5.00%0.00%5.00%10.00%JulyAugustSeptemberOctoberNovemberDecember
2.96%
0.76%
MATFX
EEMA

Key characteristics

Sharpe Ratio

MATFX:

1.11

EEMA:

0.79

Sortino Ratio

MATFX:

1.63

EEMA:

1.22

Omega Ratio

MATFX:

1.20

EEMA:

1.15

Calmar Ratio

MATFX:

0.30

EEMA:

0.42

Martin Ratio

MATFX:

4.88

EEMA:

3.08

Ulcer Index

MATFX:

4.07%

EEMA:

4.63%

Daily Std Dev

MATFX:

17.92%

EEMA:

18.00%

Max Drawdown

MATFX:

-77.90%

EEMA:

-44.18%

Current Drawdown

MATFX:

-59.47%

EEMA:

-21.33%

Returns By Period

In the year-to-date period, MATFX achieves a 18.99% return, which is significantly higher than EEMA's 11.42% return. Over the past 10 years, MATFX has underperformed EEMA with an annualized return of -0.18%, while EEMA has yielded a comparatively higher 4.20% annualized return.


MATFX

YTD

18.99%

1M

-0.68%

6M

2.08%

1Y

22.41%

5Y*

-1.75%

10Y*

-0.18%

EEMA

YTD

11.42%

1M

-1.27%

6M

0.14%

1Y

15.90%

5Y*

2.38%

10Y*

4.20%

Compare stocks, funds, or ETFs

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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.


MATFX
Matthews Asia Innovators Fund
Expense ratio chart for MATFX: current value at 1.18% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.18%
Expense ratio chart for EEMA: current value at 0.50% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.50%

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.


Sharpe ratio
The chart of Sharpe ratio for MATFX, currently valued at 1.11, compared to the broader market-1.000.001.002.003.004.001.110.79
The chart of Sortino ratio for MATFX, currently valued at 1.63, compared to the broader market-2.000.002.004.006.008.0010.001.631.22
The chart of Omega ratio for MATFX, currently valued at 1.20, compared to the broader market0.501.001.502.002.503.003.501.201.15
The chart of Calmar ratio for MATFX, currently valued at 0.30, compared to the broader market0.002.004.006.008.0010.0012.0014.000.300.42
The chart of Martin ratio for MATFX, currently valued at 4.88, compared to the broader market0.0020.0040.0060.004.883.08
MATFX
EEMA

The current MATFX Sharpe Ratio is 1.11, which is higher than the EEMA Sharpe Ratio of 0.79. The chart below compares the historical Sharpe Ratios of MATFX and EEMA, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.000.501.001.502.00JulyAugustSeptemberOctoberNovemberDecember
1.11
0.79
MATFX
EEMA

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 1.72%.


TTM20232022202120202019201820172016201520142013
MATFX
Matthews Asia Innovators Fund
0.00%0.00%0.00%0.00%0.00%0.00%0.36%1.68%0.00%0.00%0.44%0.06%
EEMA
iShares MSCI Emerging Markets Asia ETF
1.72%2.25%1.78%2.19%1.15%1.86%2.17%1.73%1.74%2.44%1.33%2.42%

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 -44.18%. Use the drawdown chart below to compare losses from any high point for MATFX and EEMA. For additional features, visit the drawdowns tool.


-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%JulyAugustSeptemberOctoberNovemberDecember
-59.47%
-21.33%
MATFX
EEMA

Volatility

MATFX vs. EEMA - Volatility Comparison

Matthews Asia Innovators Fund (MATFX) has a higher volatility of 4.34% compared to iShares MSCI Emerging Markets Asia ETF (EEMA) at 4.12%. 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.


2.00%3.00%4.00%5.00%6.00%7.00%8.00%9.00%JulyAugustSeptemberOctoberNovemberDecember
4.34%
4.12%
MATFX
EEMA
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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