MINDX vs. EELV
Compare and contrast key facts about Matthews India Fund (MINDX) and Invesco S&P Emerging Markets Low Volatility ETF (EELV).
MINDX is managed by Matthews Asia Funds. It was launched on Oct 30, 2005. EELV is a passively managed fund by Invesco that tracks the performance of the S&P BMI Emerging Markets Low Volatility Index. It was launched on Jan 13, 2012.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MINDX or EELV.
Key characteristics
| MINDX | EELV | |
|---|---|---|
| YTD Return | 11.83% | 6.94% |
| 1Y Return | 19.58% | 14.48% |
| 3Y Return (Ann) | -2.61% | 3.81% |
| 5Y Return (Ann) | 2.86% | 4.92% |
| 10Y Return (Ann) | 1.49% | 2.82% |
| Sharpe Ratio | 1.20 | 1.27 |
| Sortino Ratio | 1.59 | 1.86 |
| Omega Ratio | 1.25 | 1.23 |
| Calmar Ratio | 0.66 | 1.65 |
| Martin Ratio | 7.71 | 6.42 |
| Ulcer Index | 2.50% | 2.15% |
| Daily Std Dev | 16.06% | 10.83% |
| Max Drawdown | -74.48% | -36.35% |
| Current Drawdown | -15.17% | -5.21% |
Correlation
The correlation between MINDX and EELV is 0.45, 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.
Performance
MINDX vs. EELV - Performance Comparison
In the year-to-date period, MINDX achieves a 11.83% return, which is significantly higher than EELV's 6.94% return. Over the past 10 years, MINDX has underperformed EELV with an annualized return of 1.49%, while EELV has yielded a comparatively higher 2.82% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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MINDX vs. EELV - Expense Ratio Comparison
MINDX has a 1.15% expense ratio, which is higher than EELV's 0.30% expense ratio.
Risk-Adjusted Performance
MINDX vs. EELV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Matthews India Fund (MINDX) and Invesco S&P Emerging Markets Low Volatility ETF (EELV). 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.
Dividends
MINDX vs. EELV - Dividend Comparison
MINDX's dividend yield for the trailing twelve months is around 1.71%, less than EELV's 4.22% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MINDX Matthews India Fund | 1.71% | 1.92% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.10% | 0.17% | 1.11% |
EELV Invesco S&P Emerging Markets Low Volatility ETF | 4.22% | 4.00% | 3.46% | 4.34% | 2.82% | 3.14% | 5.50% | 2.91% | 2.30% | 2.53% | 3.25% | 2.10% |
Drawdowns
MINDX vs. EELV - Drawdown Comparison
The maximum MINDX drawdown since its inception was -74.48%, which is greater than EELV's maximum drawdown of -36.35%. Use the drawdown chart below to compare losses from any high point for MINDX and EELV. For additional features, visit the drawdowns tool.
Volatility
MINDX vs. EELV - Volatility Comparison
Matthews India Fund (MINDX) has a higher volatility of 4.42% compared to Invesco S&P Emerging Markets Low Volatility ETF (EELV) at 2.98%. This indicates that MINDX's price experiences larger fluctuations and is considered to be riskier than EELV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.