MSMLX vs. EEMS
Compare and contrast key facts about Matthews Emerging Markets Small Companies Fund (MSMLX) and iShares MSCI Emerging Markets Small-Cap ETF (EEMS).
MSMLX is managed by Matthews Asia Funds. It was launched on Sep 14, 2008. EEMS is a passively managed fund by iShares that tracks the performance of the MSCI Emerging Markets Small Cap Index. It was launched on Aug 16, 2011.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MSMLX or EEMS.
Key characteristics
| MSMLX | EEMS | |
|---|---|---|
| YTD Return | -4.31% | 2.89% |
| 1Y Return | -6.80% | 8.86% |
| 3Y Return (Ann) | -9.45% | 0.23% |
| 5Y Return (Ann) | 7.08% | 8.87% |
| 10Y Return (Ann) | 1.64% | 4.77% |
| Sharpe Ratio | -0.31 | 0.87 |
| Sortino Ratio | -0.32 | 1.23 |
| Omega Ratio | 0.96 | 1.16 |
| Calmar Ratio | -0.18 | 1.21 |
| Martin Ratio | -1.09 | 4.58 |
| Ulcer Index | 4.48% | 2.47% |
| Daily Std Dev | 15.62% | 13.07% |
| Max Drawdown | -45.68% | -48.89% |
| Current Drawdown | -26.50% | -7.74% |
Correlation
The correlation between MSMLX and EEMS is 0.69, 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
MSMLX vs. EEMS - Performance Comparison
In the year-to-date period, MSMLX achieves a -4.31% return, which is significantly lower than EEMS's 2.89% return. Over the past 10 years, MSMLX has underperformed EEMS with an annualized return of 1.64%, while EEMS has yielded a comparatively higher 4.77% 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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MSMLX vs. EEMS - Expense Ratio Comparison
MSMLX has a 1.37% expense ratio, which is higher than EEMS's 0.69% expense ratio.
Risk-Adjusted Performance
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.
Dividends
MSMLX vs. EEMS - Dividend Comparison
MSMLX's dividend yield for the trailing twelve months is around 1.66%, less than EEMS's 2.50% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MSMLX Matthews Emerging Markets Small Companies Fund | 1.66% | 1.59% | 0.39% | 0.00% | 0.21% | 0.51% | 0.49% | 0.43% | 0.43% | 0.13% | 0.39% | 0.48% |
EEMS iShares MSCI Emerging Markets Small-Cap ETF | 2.50% | 2.69% | 0.89% | 3.56% | 2.14% | 2.64% | 3.06% | 2.47% | 2.51% | 2.33% | 2.67% | 2.15% |
Drawdowns
MSMLX vs. EEMS - Drawdown Comparison
The maximum MSMLX drawdown since its inception was -45.68%, 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.
Volatility
MSMLX vs. EEMS - Volatility Comparison
Matthews Emerging Markets Small Companies Fund (MSMLX) and iShares MSCI Emerging Markets Small-Cap ETF (EEMS) have volatilities of 4.06% and 3.94%, 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.