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MSMLX vs. EEMS
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between MSMLX and EEMS is 0.57, 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.


-0.50.00.51.0
Correlation: 0.6

Performance

MSMLX vs. EEMS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Matthews Emerging Markets Small Companies Fund (MSMLX) and iShares MSCI Emerging Markets Small-Cap ETF (EEMS). The values are adjusted to include any dividend payments, if applicable.

40.00%60.00%80.00%100.00%120.00%140.00%160.00%NovemberDecember2025FebruaryMarchApril
129.55%
66.38%
MSMLX
EEMS

Key characteristics

Sharpe Ratio

MSMLX:

-0.26

EEMS:

-0.02

Sortino Ratio

MSMLX:

-0.23

EEMS:

0.08

Omega Ratio

MSMLX:

0.97

EEMS:

1.01

Calmar Ratio

MSMLX:

-0.19

EEMS:

-0.02

Martin Ratio

MSMLX:

-0.47

EEMS:

-0.05

Ulcer Index

MSMLX:

9.34%

EEMS:

6.65%

Daily Std Dev

MSMLX:

17.08%

EEMS:

16.62%

Max Drawdown

MSMLX:

-36.40%

EEMS:

-48.89%

Current Drawdown

MSMLX:

-13.42%

EEMS:

-9.51%

Returns By Period

In the year-to-date period, MSMLX achieves a -0.87% return, which is significantly higher than EEMS's -2.15% return. Over the past 10 years, MSMLX has outperformed EEMS with an annualized return of 5.42%, while EEMS has yielded a comparatively lower 3.64% annualized return.


MSMLX

YTD

-0.87%

1M

0.18%

6M

-7.63%

1Y

-6.84%

5Y*

12.24%

10Y*

5.42%

EEMS

YTD

-2.15%

1M

1.63%

6M

-4.80%

1Y

-1.54%

5Y*

13.23%

10Y*

3.64%

*Annualized

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MSMLX vs. EEMS - Expense Ratio Comparison

MSMLX has a 1.37% expense ratio, which is higher than EEMS's 0.69% expense ratio.


Expense ratio chart for MSMLX: current value is 1.37%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
MSMLX: 1.37%
Expense ratio chart for EEMS: current value is 0.69%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
EEMS: 0.69%

Risk-Adjusted Performance

MSMLX vs. EEMS — Risk-Adjusted Performance Rank

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

MSMLX
The Risk-Adjusted Performance Rank of MSMLX is 1212
Overall Rank
The Sharpe Ratio Rank of MSMLX is 1212
Sharpe Ratio Rank
The Sortino Ratio Rank of MSMLX is 1111
Sortino Ratio Rank
The Omega Ratio Rank of MSMLX is 1212
Omega Ratio Rank
The Calmar Ratio Rank of MSMLX is 1010
Calmar Ratio Rank
The Martin Ratio Rank of MSMLX is 1414
Martin Ratio Rank

EEMS
The Risk-Adjusted Performance Rank of EEMS is 2020
Overall Rank
The Sharpe Ratio Rank of EEMS is 2121
Sharpe Ratio Rank
The Sortino Ratio Rank of EEMS is 1919
Sortino Ratio Rank
The Omega Ratio Rank of EEMS is 1919
Omega Ratio Rank
The Calmar Ratio Rank of EEMS is 2020
Calmar Ratio Rank
The Martin Ratio Rank of EEMS is 2121
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

MSMLX vs. EEMS - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Matthews Emerging Markets Small Companies Fund (MSMLX) and iShares MSCI Emerging Markets Small-Cap ETF (EEMS). 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.


The chart of Sharpe ratio for MSMLX, currently valued at -0.26, compared to the broader market-1.000.001.002.003.00
MSMLX: -0.26
EEMS: -0.02
The chart of Sortino ratio for MSMLX, currently valued at -0.23, compared to the broader market-2.000.002.004.006.008.00
MSMLX: -0.23
EEMS: 0.08
The chart of Omega ratio for MSMLX, currently valued at 0.97, compared to the broader market0.501.001.502.002.503.00
MSMLX: 0.97
EEMS: 1.01
The chart of Calmar ratio for MSMLX, currently valued at -0.19, compared to the broader market0.002.004.006.008.0010.00
MSMLX: -0.19
EEMS: -0.02
The chart of Martin ratio for MSMLX, currently valued at -0.47, compared to the broader market0.0010.0020.0030.0040.0050.00
MSMLX: -0.47
EEMS: -0.05

The current MSMLX Sharpe Ratio is -0.26, which is lower than the EEMS Sharpe Ratio of -0.02. The chart below compares the historical Sharpe Ratios of MSMLX and EEMS, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.00-0.500.000.501.001.50NovemberDecember2025FebruaryMarchApril
-0.26
-0.02
MSMLX
EEMS

Dividends

MSMLX vs. EEMS - Dividend Comparison

MSMLX's dividend yield for the trailing twelve months is around 3.98%, more than EEMS's 2.66% yield.


TTM20242023202220212020201920182017201620152014
MSMLX
Matthews Emerging Markets Small Companies Fund
3.98%3.95%8.36%8.04%5.83%0.28%0.51%21.31%8.12%0.43%0.13%0.39%
EEMS
iShares MSCI Emerging Markets Small-Cap ETF
2.66%2.60%2.69%0.89%3.56%2.14%2.64%3.06%2.47%2.51%2.33%2.67%

Drawdowns

MSMLX vs. EEMS - Drawdown Comparison

The maximum MSMLX drawdown since its inception was -36.40%, smaller than the maximum EEMS drawdown of -48.89%. Use the drawdown chart below to compare losses from any high point for MSMLX and EEMS. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%NovemberDecember2025FebruaryMarchApril
-13.42%
-9.51%
MSMLX
EEMS

Volatility

MSMLX vs. EEMS - Volatility Comparison

The current volatility for Matthews Emerging Markets Small Companies Fund (MSMLX) is 8.61%, while iShares MSCI Emerging Markets Small-Cap ETF (EEMS) has a volatility of 10.30%. This indicates that MSMLX experiences smaller price fluctuations and is considered to be less risky than EEMS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%NovemberDecember2025FebruaryMarchApril
8.61%
10.30%
MSMLX
EEMS