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MEGMX vs. MASGX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

MEGMX vs. MASGX - Performance Comparison

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

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MEGMX vs. MASGX - Yearly Performance Comparison


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

Returns By Period

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


MEGMX

1D
-1.39%
1M
-13.91%
YTD
-0.31%
6M
2.52%
1Y
26.84%
3Y*
14.55%
5Y*
3.49%
10Y*

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%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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MEGMX vs. MASGX - Expense Ratio Comparison

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


Return for Risk

MEGMX vs. MASGX — Risk / Return Rank

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

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

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
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.

MEGMX vs. MASGX - Risk-Adjusted Trends Comparison

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


MEGMXMASGXDifference

Sharpe ratio

Return per unit of total volatility

1.53

1.45

+0.09

Sortino ratio

Return per unit of downside risk

2.10

1.94

+0.17

Omega ratio

Gain probability vs. loss probability

1.30

1.27

+0.03

Calmar ratio

Return relative to maximum drawdown

1.44

1.44

+0.01

Martin ratio

Return relative to average drawdown

5.52

5.06

+0.46

MEGMX vs. MASGX - Sharpe Ratio Comparison

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


MEGMXMASGXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.53

1.45

+0.09

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.21

0.15

+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

0.70

0.50

+0.20

Correlation

The correlation between MEGMX and MASGX 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

MEGMX vs. MASGX - Dividend Comparison

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


TTM2025202420232022202120202019201820172016
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%
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%

Drawdowns

MEGMX vs. MASGX - Drawdown Comparison

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


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Drawdown Indicators


MEGMXMASGXDifference

Max Drawdown

Largest peak-to-trough decline

-37.64%

-36.34%

-1.30%

Max Drawdown (1Y)

Largest decline over 1 year

-15.34%

-14.20%

-1.14%

Max Drawdown (5Y)

Largest decline over 5 years

-37.03%

-36.34%

-0.69%

Max Drawdown (10Y)

Largest decline over 10 years

-36.34%

Current Drawdown

Current decline from peak

-15.34%

-14.20%

-1.14%

Average Drawdown

Average peak-to-trough decline

-14.93%

-11.38%

-3.55%

Ulcer Index

Depth and duration of drawdowns from previous peaks

4.01%

4.36%

-0.35%

Volatility

MEGMX vs. MASGX - Volatility Comparison

The current volatility for Matthews Emerging Markets Equity Fund (MEGMX) is 8.36%, while Matthews Asia ESG Fund (MASGX) has a volatility of 9.85%. This indicates that MEGMX experiences smaller price fluctuations and is considered to be less risky than MASGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


MEGMXMASGXDifference

Volatility (1M)

Calculated over the trailing 1-month period

8.36%

9.85%

-1.49%

Volatility (6M)

Calculated over the trailing 6-month period

13.16%

15.17%

-2.01%

Volatility (1Y)

Calculated over the trailing 1-year period

17.81%

20.08%

-2.27%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

16.82%

20.13%

-3.31%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

17.23%

18.20%

-0.97%