MSMLX vs. COBYX
Compare and contrast key facts about Matthews Emerging Markets Small Companies Fund (MSMLX) and The Cook & Bynum Fund (COBYX).
MSMLX is managed by Matthews. It was launched on Sep 14, 2008. COBYX is managed by Cook & Bynum. It was launched on Jun 30, 2009.
Performance
MSMLX vs. COBYX - Performance Comparison
Loading graphics...
MSMLX vs. COBYX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MSMLX Matthews Emerging Markets Small Companies Fund | -0.43% | 13.50% | -6.10% | 20.04% | -16.78% | 26.40% | 43.69% | 17.38% | -17.80% | 30.43% |
COBYX The Cook & Bynum Fund | 1.14% | 20.50% | -10.32% | 16.73% | 9.28% | 9.05% | -10.97% | 9.40% | -13.40% | 15.12% |
Returns By Period
In the year-to-date period, MSMLX achieves a -0.43% return, which is significantly lower than COBYX's 1.14% return. Over the past 10 years, MSMLX has outperformed COBYX with an annualized return of 9.25%, while COBYX has yielded a comparatively lower 3.74% annualized return.
MSMLX
- 1D
- -1.87%
- 1M
- -10.08%
- YTD
- -0.43%
- 6M
- -2.70%
- 1Y
- 15.06%
- 3Y*
- 6.49%
- 5Y*
- 5.95%
- 10Y*
- 9.25%
COBYX
- 1D
- 0.85%
- 1M
- -7.34%
- YTD
- 1.14%
- 6M
- 5.27%
- 1Y
- 6.45%
- 3Y*
- 6.41%
- 5Y*
- 7.53%
- 10Y*
- 3.74%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
MSMLX vs. COBYX - Expense Ratio Comparison
MSMLX has a 1.37% expense ratio, which is lower than COBYX's 1.49% expense ratio.
Return for Risk
MSMLX vs. COBYX — Risk / Return Rank
MSMLX
COBYX
MSMLX vs. COBYX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Matthews Emerging Markets Small Companies Fund (MSMLX) and The Cook & Bynum Fund (COBYX). 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.
| MSMLX | COBYX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.83 | 0.34 | +0.50 |
Sortino ratioReturn per unit of downside risk | 1.20 | 0.55 | +0.65 |
Omega ratioGain probability vs. loss probability | 1.16 | 1.08 | +0.08 |
Calmar ratioReturn relative to maximum drawdown | 0.87 | 0.83 | +0.04 |
Martin ratioReturn relative to average drawdown | 2.85 | 2.50 | +0.35 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| MSMLX | COBYX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.83 | 0.34 | +0.50 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.35 | 0.55 | -0.20 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.55 | 0.28 | +0.27 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.58 | 0.34 | +0.24 |
Correlation
The correlation between MSMLX and COBYX is 0.40, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
MSMLX vs. COBYX - Dividend Comparison
MSMLX's dividend yield for the trailing twelve months is around 1.50%, more than COBYX's 1.17% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MSMLX Matthews Emerging Markets Small Companies Fund | 1.50% | 1.50% | 3.95% | 8.36% | 8.04% | 9.18% | 0.28% | 0.51% | 21.31% | 8.12% | 0.43% | 0.13% |
COBYX The Cook & Bynum Fund | 1.17% | 1.18% | 0.00% | 1.01% | 1.16% | 2.18% | 0.32% | 0.69% | 12.60% | 1.88% | 5.09% | 0.00% |
Drawdowns
MSMLX vs. COBYX - Drawdown Comparison
The maximum MSMLX drawdown since its inception was -36.40%, which is greater than COBYX's maximum drawdown of -34.18%. Use the drawdown chart below to compare losses from any high point for MSMLX and COBYX.
Loading graphics...
Drawdown Indicators
| MSMLX | COBYX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.40% | -34.18% | -2.22% |
Max Drawdown (1Y)Largest decline over 1 year | -12.89% | -8.95% | -3.94% |
Max Drawdown (5Y)Largest decline over 5 years | -28.00% | -17.10% | -10.90% |
Max Drawdown (10Y)Largest decline over 10 years | -34.33% | -34.18% | -0.15% |
Current DrawdownCurrent decline from peak | -12.89% | -7.92% | -4.97% |
Average DrawdownAverage peak-to-trough decline | -9.30% | -6.86% | -2.44% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.93% | 2.96% | +0.97% |
Volatility
MSMLX vs. COBYX - Volatility Comparison
Matthews Emerging Markets Small Companies Fund (MSMLX) has a higher volatility of 8.16% compared to The Cook & Bynum Fund (COBYX) at 4.99%. This indicates that MSMLX's price experiences larger fluctuations and is considered to be riskier than COBYX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| MSMLX | COBYX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.16% | 4.99% | +3.17% |
Volatility (6M)Calculated over the trailing 6-month period | 12.87% | 8.27% | +4.60% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.61% | 14.50% | +3.11% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.24% | 13.96% | +3.28% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.83% | 13.54% | +3.29% |