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MINDX vs. ASIAX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

MINDX vs. ASIAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Matthews India Fund (MINDX) and Invesco EQV Asia Pacific Equity Fund (ASIAX). The values are adjusted to include any dividend payments, if applicable.

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MINDX vs. ASIAX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
MINDX
Matthews India Fund
-19.53%1.61%9.99%23.14%-9.87%17.87%16.46%-0.79%-9.80%33.76%
ASIAX
Invesco EQV Asia Pacific Equity Fund
-2.04%24.56%9.59%0.87%-10.82%-6.10%25.76%17.78%-11.50%29.13%

Returns By Period

In the year-to-date period, MINDX achieves a -19.53% return, which is significantly lower than ASIAX's -2.04% return. Over the past 10 years, MINDX has underperformed ASIAX with an annualized return of 5.11%, while ASIAX has yielded a comparatively higher 7.03% annualized return.


MINDX

1D
-1.97%
1M
-13.99%
YTD
-19.53%
6M
-16.55%
1Y
-12.76%
3Y*
3.95%
5Y*
2.71%
10Y*
5.11%

ASIAX

1D
-0.65%
1M
-11.53%
YTD
-2.04%
6M
3.87%
1Y
25.13%
3Y*
8.75%
5Y*
2.08%
10Y*
7.03%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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MINDX vs. ASIAX - Expense Ratio Comparison

MINDX has a 1.15% expense ratio, which is lower than ASIAX's 1.45% expense ratio.


Return for Risk

MINDX vs. ASIAX — Risk / Return Rank

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

MINDX
MINDX Risk / Return Rank: 11
Overall Rank
MINDX Sharpe Ratio Rank: 11
Sharpe Ratio Rank
MINDX Sortino Ratio Rank: 00
Sortino Ratio Rank
MINDX Omega Ratio Rank: 11
Omega Ratio Rank
MINDX Calmar Ratio Rank: 22
Calmar Ratio Rank
MINDX Martin Ratio Rank: 11
Martin Ratio Rank

ASIAX
ASIAX Risk / Return Rank: 8080
Overall Rank
ASIAX Sharpe Ratio Rank: 8181
Sharpe Ratio Rank
ASIAX Sortino Ratio Rank: 8181
Sortino Ratio Rank
ASIAX Omega Ratio Rank: 7878
Omega Ratio Rank
ASIAX Calmar Ratio Rank: 8181
Calmar Ratio Rank
ASIAX Martin Ratio Rank: 8080
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.

MINDX vs. ASIAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Matthews India Fund (MINDX) and Invesco EQV Asia Pacific Equity Fund (ASIAX). 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.


MINDXASIAXDifference

Sharpe ratio

Return per unit of total volatility

-0.83

1.51

-2.34

Sortino ratio

Return per unit of downside risk

-1.10

2.07

-3.16

Omega ratio

Gain probability vs. loss probability

0.87

1.30

-0.42

Calmar ratio

Return relative to maximum drawdown

-0.52

1.97

-2.49

Martin ratio

Return relative to average drawdown

-2.00

7.91

-9.91

MINDX vs. ASIAX - Sharpe Ratio Comparison

The current MINDX Sharpe Ratio is -0.83, which is lower than the ASIAX Sharpe Ratio of 1.51. The chart below compares the historical Sharpe Ratios of MINDX and ASIAX, 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


MINDXASIAXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

-0.83

1.51

-2.34

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.17

0.14

+0.03

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.30

0.47

-0.17

Sharpe Ratio (All Time)

Calculated using the full available price history

0.39

0.46

-0.07

Correlation

The correlation between MINDX and ASIAX is 0.54, 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

MINDX vs. ASIAX - Dividend Comparison

MINDX's dividend yield for the trailing twelve months is around 8.40%, less than ASIAX's 21.86% yield.


TTM20252024202320222021202020192018201720162015
MINDX
Matthews India Fund
8.40%6.76%15.03%3.07%15.30%9.87%3.03%12.04%16.50%0.00%0.00%0.99%
ASIAX
Invesco EQV Asia Pacific Equity Fund
21.86%21.41%8.68%2.84%7.25%7.71%7.37%5.67%7.17%7.91%1.09%3.15%

Drawdowns

MINDX vs. ASIAX - Drawdown Comparison

The maximum MINDX drawdown since its inception was -72.18%, which is greater than ASIAX's maximum drawdown of -63.78%. Use the drawdown chart below to compare losses from any high point for MINDX and ASIAX.


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Drawdown Indicators


MINDXASIAXDifference

Max Drawdown

Largest peak-to-trough decline

-72.18%

-63.78%

-8.40%

Max Drawdown (1Y)

Largest decline over 1 year

-21.96%

-11.73%

-10.23%

Max Drawdown (5Y)

Largest decline over 5 years

-26.51%

-32.40%

+5.89%

Max Drawdown (10Y)

Largest decline over 10 years

-48.46%

-36.32%

-12.14%

Current Drawdown

Current decline from peak

-26.51%

-11.73%

-14.78%

Average Drawdown

Average peak-to-trough decline

-14.90%

-15.17%

+0.27%

Ulcer Index

Depth and duration of drawdowns from previous peaks

5.75%

2.98%

+2.77%

Volatility

MINDX vs. ASIAX - Volatility Comparison

The current volatility for Matthews India Fund (MINDX) is 6.20%, while Invesco EQV Asia Pacific Equity Fund (ASIAX) has a volatility of 6.73%. This indicates that MINDX experiences smaller price fluctuations and is considered to be less risky than ASIAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


MINDXASIAXDifference

Volatility (1M)

Calculated over the trailing 1-month period

6.20%

6.73%

-0.53%

Volatility (6M)

Calculated over the trailing 6-month period

10.72%

11.68%

-0.96%

Volatility (1Y)

Calculated over the trailing 1-year period

15.66%

16.54%

-0.88%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

15.78%

14.65%

+1.13%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

17.28%

15.02%

+2.26%