WAINX vs. MINDX
Compare and contrast key facts about Wasatch Emerging India Fund (WAINX) and Matthews India Fund (MINDX).
WAINX is managed by Wasatch. It was launched on Apr 25, 2011. MINDX is managed by Matthews Asia Funds. It was launched on Oct 30, 2005.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: WAINX or MINDX.
Key characteristics
| WAINX | MINDX | |
|---|---|---|
| YTD Return | 1.29% | 6.94% |
| 1Y Return | 21.55% | 26.42% |
| 3Y Return (Ann) | 6.88% | 10.02% |
| 5Y Return (Ann) | 11.42% | 10.39% |
| 10Y Return (Ann) | 13.16% | 9.44% |
| Sharpe Ratio | 1.65 | 2.33 |
| Daily Std Dev | 12.62% | 11.22% |
| Max Drawdown | -41.34% | -72.18% |
| Current Drawdown | -7.79% | -0.98% |
Correlation
The correlation between WAINX and MINDX is 0.83, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
WAINX vs. MINDX - Performance Comparison
In the year-to-date period, WAINX achieves a 1.29% return, which is significantly lower than MINDX's 6.94% return. Over the past 10 years, WAINX has outperformed MINDX with an annualized return of 13.16%, while MINDX has yielded a comparatively lower 9.44% 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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WAINX vs. MINDX - Expense Ratio Comparison
WAINX has a 1.51% expense ratio, which is higher than MINDX's 1.15% expense ratio.
Risk-Adjusted Performance
WAINX vs. MINDX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Wasatch Emerging India Fund (WAINX) and Matthews India Fund (MINDX). 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
WAINX vs. MINDX - Dividend Comparison
WAINX's dividend yield for the trailing twelve months is around 4.18%, more than MINDX's 2.87% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
WAINX Wasatch Emerging India Fund | 4.18% | 4.24% | 1.16% | 4.29% | 0.00% | 0.32% | 6.95% | 2.91% | 1.06% | 1.40% | 0.05% | 0.00% |
MINDX Matthews India Fund | 2.87% | 3.07% | 15.30% | 10.02% | 3.03% | 12.04% | 16.50% | 0.00% | 0.00% | 0.99% | 0.72% | 1.20% |
Drawdowns
WAINX vs. MINDX - Drawdown Comparison
The maximum WAINX drawdown since its inception was -41.34%, smaller than the maximum MINDX drawdown of -72.18%. Use the drawdown chart below to compare losses from any high point for WAINX and MINDX. For additional features, visit the drawdowns tool.
Volatility
WAINX vs. MINDX - Volatility Comparison
The current volatility for Wasatch Emerging India Fund (WAINX) is 2.91%, while Matthews India Fund (MINDX) has a volatility of 3.26%. This indicates that WAINX experiences smaller price fluctuations and is considered to be less risky than MINDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.