MEGMX vs. MATFX
Compare and contrast key facts about Matthews Emerging Markets Equity Fund (MEGMX) and Matthews Asia Innovators Fund (MATFX).
MEGMX is managed by Matthews. It was launched on Apr 29, 2020. MATFX is managed by Matthews. It was launched on Dec 26, 1999.
Performance
MEGMX vs. MATFX - Performance Comparison
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MEGMX vs. MATFX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
MEGMX Matthews Emerging Markets Equity Fund | -0.31% | 29.37% | 11.11% | 8.46% | -20.94% | -1.90% | 61.26% |
MATFX Matthews Asia Innovators Fund | 6.71% | 30.22% | 16.47% | -1.77% | -24.66% | -5.90% | 83.10% |
Returns By Period
In the year-to-date period, MEGMX achieves a -0.31% return, which is significantly lower than MATFX's 6.71% return.
MEGMX
- 1D
- -1.39%
- 1M
- -13.91%
- YTD
- -0.31%
- 6M
- 2.52%
- 1Y
- 26.84%
- 3Y*
- 14.55%
- 5Y*
- 3.49%
- 10Y*
- —
MATFX
- 1D
- -1.05%
- 1M
- -9.74%
- YTD
- 6.71%
- 6M
- 3.63%
- 1Y
- 36.32%
- 3Y*
- 15.76%
- 5Y*
- 2.57%
- 10Y*
- 11.50%
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MEGMX vs. MATFX - Expense Ratio Comparison
MEGMX has a 1.08% expense ratio, which is lower than MATFX's 1.18% expense ratio.
Return for Risk
MEGMX vs. MATFX — Risk / Return Rank
MEGMX
MATFX
MEGMX vs. MATFX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Matthews Emerging Markets Equity Fund (MEGMX) and Matthews Asia Innovators Fund (MATFX). 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.
| MEGMX | MATFX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.53 | 1.72 | -0.18 |
Sortino ratioReturn per unit of downside risk | 2.10 | 2.28 | -0.18 |
Omega ratioGain probability vs. loss probability | 1.30 | 1.32 | -0.03 |
Calmar ratioReturn relative to maximum drawdown | 1.44 | 1.92 | -0.48 |
Martin ratioReturn relative to average drawdown | 5.52 | 6.58 | -1.06 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| MEGMX | MATFX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.53 | 1.72 | -0.18 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.21 | 0.11 | +0.10 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.52 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.70 | 0.25 | +0.44 |
Correlation
The correlation between MEGMX and MATFX is 0.86, 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. MATFX - Dividend Comparison
MEGMX's dividend yield for the trailing twelve months is around 2.98%, while MATFX has not paid dividends to shareholders.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% | 0.00% |
MATFX Matthews Asia Innovators Fund | 0.00% | 0.00% | 0.00% | 0.00% | 26.54% | 31.07% | 1.67% | 0.29% | 2.63% | 8.44% | 0.00% | 15.24% |
Drawdowns
MEGMX vs. MATFX - Drawdown Comparison
The maximum MEGMX drawdown since its inception was -37.64%, smaller than the maximum MATFX drawdown of -76.88%. Use the drawdown chart below to compare losses from any high point for MEGMX and MATFX.
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Drawdown Indicators
| MEGMX | MATFX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -37.64% | -76.88% | +39.24% |
Max Drawdown (1Y)Largest decline over 1 year | -15.34% | -13.52% | -1.82% |
Max Drawdown (5Y)Largest decline over 5 years | -37.03% | -45.33% | +8.30% |
Max Drawdown (10Y)Largest decline over 10 years | — | -52.42% | — |
Current DrawdownCurrent decline from peak | -15.34% | -10.64% | -4.70% |
Average DrawdownAverage peak-to-trough decline | -14.93% | -28.35% | +13.42% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.01% | 4.75% | -0.74% |
Volatility
MEGMX vs. MATFX - Volatility Comparison
The current volatility for Matthews Emerging Markets Equity Fund (MEGMX) is 8.36%, while Matthews Asia Innovators Fund (MATFX) has a volatility of 9.83%. This indicates that MEGMX experiences smaller price fluctuations and is considered to be less risky than MATFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MEGMX | MATFX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.36% | 9.83% | -1.47% |
Volatility (6M)Calculated over the trailing 6-month period | 13.16% | 15.52% | -2.36% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.81% | 21.52% | -3.71% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.82% | 23.97% | -7.15% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.23% | 22.22% | -4.99% |