OBCHX vs. MASGX
OBCHX (Oberweis China Opportunities Fund) and MASGX (Matthews Asia ESG Fund) are both mutual funds - OBCHX is a China Equities fund managed by Oberweis, while MASGX is a Asia Pacific Equities fund managed by Matthews. Over the past 10 years, OBCHX returned 10.36%/yr vs 12.21%/yr for MASGX. A 0.72 correlation means they provide meaningful diversification when combined. OBCHX charges 2.03%/yr vs 1.24%/yr for MASGX.
Performance
OBCHX vs. MASGX - Performance Comparison
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Returns By Period
In the year-to-date period, OBCHX achieves a 30.70% return, which is significantly lower than MASGX's 42.67% return. Over the past 10 years, OBCHX has underperformed MASGX with an annualized return of 10.36%, while MASGX has yielded a comparatively higher 12.21% annualized return.
OBCHX
- 1D
- -1.88%
- 1M
- 1.62%
- 6M
- 20.65%
- YTD
- 30.70%
- 1Y
- 51.76%
- 3Y*
- 25.04%
- 5Y*
- 1.07%
- 10Y*
- 10.36%
MASGX
- 1D
- 1.28%
- 1M
- -1.50%
- 6M
- 32.89%
- YTD
- 42.67%
- 1Y
- 58.51%
- 3Y*
- 19.11%
- 5Y*
- 7.95%
- 10Y*
- 12.21%
OBCHX vs. MASGX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
OBCHX Oberweis China Opportunities Fund | 30.70% | 40.89% | 7.28% | -7.70% | -37.21% | -5.16% | 57.06% | 36.32% | -25.94% | 54.99% |
MASGX Matthews Asia ESG Fund | 42.67% | 22.83% | -2.51% | 7.99% | -14.37% | 5.33% | 42.90% | 12.56% | -9.70% | 33.75% |
Correlation
The correlation between OBCHX and MASGX is 0.64, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.64 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.69 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.71 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.72 |
Correlation (All Time) Calculated using the full available price history since Jan 4, 2016 | 0.72 |
The correlation between OBCHX and MASGX has been stable across timeframes, ranging from 0.64 to 0.72 - a consistent structural relationship.
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Return for Risk
OBCHX vs. MASGX — Risk / Return Rank
OBCHX
MASGX
OBCHX vs. MASGX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Oberweis China Opportunities Fund (OBCHX) and Matthews Asia ESG Fund (MASGX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| OBCHX | MASGX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.11 | ||
| Sortino ratioReturn per unit of downside risk | -0.09 | ||
| Omega ratioGain probability vs. loss probability | 1.37 | 1.42 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | 5.46 | 4.21 | +1.25 |
| Martin ratioReturn relative to average drawdown | 13.27 | 13.87 | -0.59 |
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Drawdowns
OBCHX vs. MASGX - Drawdown Comparison
The maximum OBCHX drawdown since its inception was -74.03%, which is greater than MASGX's maximum drawdown of -36.34%. Use the drawdown chart below to compare losses from any high point for OBCHX and MASGX.
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Drawdown Indicators
| OBCHX | MASGX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -74.03% | -36.34% | -37.69% |
Max Drawdown (1Y)Largest decline over 1 year | -9.59% | -14.20% | +4.61% |
Max Drawdown (3Y)Largest decline over 3 years | -23.88% | -24.94% | +1.06% |
Max Drawdown (5Y)Largest decline over 5 years | -51.78% | -36.34% | -15.44% |
Max Drawdown (10Y)Largest decline over 10 years | -59.47% | -36.34% | -23.13% |
Current DrawdownCurrent decline from peak | -12.88% | -7.49% | -5.39% |
Average DrawdownAverage peak-to-trough decline | -25.64% | -11.17% | -14.47% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.94% | 4.25% | -0.31% |
Volatility
OBCHX vs. MASGX - Volatility Comparison
The current volatility for Oberweis China Opportunities Fund (OBCHX) is 9.24%, while Matthews Asia ESG Fund (MASGX) has a volatility of 12.82%. This indicates that OBCHX experiences smaller price fluctuations and is considered to be less risky than MASGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| OBCHX | MASGX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.24% | 12.82% | -3.58% |
Volatility (6M)Calculated over the trailing 6-month period | 18.46% | 23.56% | -5.10% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.88% | 25.92% | -2.04% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.04% | 21.76% | +5.28% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.30% | 19.19% | +6.11% |
OBCHX vs. MASGX - Expense Ratio Comparison
OBCHX has a 2.03% expense ratio, which is higher than MASGX's 1.24% expense ratio.
Dividends
OBCHX vs. MASGX - Dividend Comparison
OBCHX's dividend yield for the trailing twelve months is around 0.77%, less than MASGX's 3.91% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MASGX Matthews Asia ESG Fund | 3.91% | 5.58% | 2.58% | 7.52% | 5.39% | 2.60% | 5.66% | 1.36% | 4.52% | 3.70% | 1.47% | 0.00% |
OBCHX Oberweis China Opportunities Fund | 0.77% | 1.01% | 2.16% | 0.46% | 1.22% | 41.65% | 11.50% | 3.37% | 26.11% | 6.26% | 0.81% | 11.05% |
Frequently Asked Questions
OBCHX and MASGX have a correlation of 0.64, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MASGX has higher volatility (12.82%) compared to OBCHX (9.24%). In terms of maximum drawdown, OBCHX dropped -74.03% vs MASGX's -36.34%.
MASGX currently has the higher Sharpe Ratio (2.31 vs 2.19), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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