MEGMX vs. MCSMX
Compare and contrast key facts about Matthews Emerging Markets Equity Fund (MEGMX) and Matthews China Small Companies Fund (MCSMX).
MEGMX is managed by Matthews. It was launched on Apr 29, 2020. MCSMX is managed by Matthews. It was launched on May 30, 2011.
Performance
MEGMX vs. MCSMX - Performance Comparison
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MEGMX vs. MCSMX - 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% |
MCSMX Matthews China Small Companies Fund | 10.66% | 28.85% | 2.82% | -17.50% | -31.25% | 6.71% | 46.73% |
Returns By Period
In the year-to-date period, MEGMX achieves a -0.31% return, which is significantly lower than MCSMX's 10.66% return.
MEGMX
- 1D
- -1.39%
- 1M
- -13.91%
- YTD
- -0.31%
- 6M
- 2.52%
- 1Y
- 26.84%
- 3Y*
- 14.55%
- 5Y*
- 3.49%
- 10Y*
- —
MCSMX
- 1D
- -0.63%
- 1M
- -10.72%
- YTD
- 10.66%
- 6M
- 6.47%
- 1Y
- 31.98%
- 3Y*
- 6.45%
- 5Y*
- -2.56%
- 10Y*
- 11.23%
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MEGMX vs. MCSMX - Expense Ratio Comparison
MEGMX has a 1.08% expense ratio, which is lower than MCSMX's 1.41% expense ratio.
Return for Risk
MEGMX vs. MCSMX — Risk / Return Rank
MEGMX
MCSMX
MEGMX vs. MCSMX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Matthews Emerging Markets Equity Fund (MEGMX) and Matthews China Small Companies Fund (MCSMX). 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 | MCSMX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.53 | 1.48 | +0.05 |
Sortino ratioReturn per unit of downside risk | 2.10 | 1.94 | +0.16 |
Omega ratioGain probability vs. loss probability | 1.30 | 1.29 | +0.01 |
Calmar ratioReturn relative to maximum drawdown | 1.44 | 1.32 | +0.13 |
Martin ratioReturn relative to average drawdown | 5.52 | 4.46 | +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 | MCSMX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.53 | 1.48 | +0.05 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.21 | -0.11 | +0.32 |
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 | 0.34 | +0.36 |
Correlation
The correlation between MEGMX and MCSMX is 0.68, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
MEGMX vs. MCSMX - Dividend Comparison
MEGMX's dividend yield for the trailing twelve months is around 2.98%, more than MCSMX's 2.01% yield.
| 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% |
MCSMX Matthews China Small Companies Fund | 2.01% | 2.23% | 1.35% | 2.36% | 1.78% | 26.38% | 16.98% | 1.03% | 2.25% | 5.66% | 4.79% | 8.88% |
Drawdowns
MEGMX vs. MCSMX - Drawdown Comparison
The maximum MEGMX drawdown since its inception was -37.64%, smaller than the maximum MCSMX drawdown of -55.77%. Use the drawdown chart below to compare losses from any high point for MEGMX and MCSMX.
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Drawdown Indicators
| MEGMX | MCSMX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -37.64% | -55.77% | +18.13% |
Max Drawdown (1Y)Largest decline over 1 year | -15.34% | -15.69% | +0.35% |
Max Drawdown (5Y)Largest decline over 5 years | -37.03% | -53.98% | +16.95% |
Max Drawdown (10Y)Largest decline over 10 years | — | -55.77% | — |
Current DrawdownCurrent decline from peak | -15.34% | -24.92% | +9.58% |
Average DrawdownAverage peak-to-trough decline | -14.93% | -20.31% | +5.38% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.01% | 5.63% | -1.62% |
Volatility
MEGMX vs. MCSMX - Volatility Comparison
Matthews Emerging Markets Equity Fund (MEGMX) and Matthews China Small Companies Fund (MCSMX) have volatilities of 8.36% and 8.13%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MEGMX | MCSMX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.36% | 8.13% | +0.23% |
Volatility (6M)Calculated over the trailing 6-month period | 13.16% | 14.70% | -1.54% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.81% | 22.12% | -4.31% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.82% | 24.01% | -7.19% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.23% | 21.99% | -4.76% |