CAF vs MXI

Comparison between Morgan Stanley China A Share Fund Inc (CAF, ETF) and ISHARES GLOBAL MATERIALS ETF (MXI, ETF).

5-Year PerformanceMXI has outperformed CAF, delivering a return of +6.4% compared to +0.2%

CAF vs MXI - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	CAF(ETF)	MXI(ETF)
Net Assets	$340M	$340M
Expense Ratio	N/A	0.39%
Max Drawdown	84.15%	68.65%
Sharpe Ratio	1.68	0.95
5Y Beta	0.42	0.82
5Y Dividends CAGR	-39.05%	9.33%

Net Assets

Winner

CAF

$340M

MXI

$340M

Expense Ratio

CAF

N/A

MXI

0.39%

Max Drawdown

CAF

84.15%

Winner

MXI

68.65%

Sharpe Ratio

Winner

CAF

1.68

MXI

0.95

5Y Beta

Winner

CAF

0.42

MXI

0.82

5Y Dividends CAGR

CAF

-39.05%

Winner

MXI

9.33%

CAF vs MXI - Historical Returns

Returns include dividend reinvestment.

Period	CAF	MXI
1 month	-1.03%	-4.42%
3 months	+12.65%	-4.50%
6 months	+12.15%	-0.10%
1 year	+43.16%	+22.31%
5 years(CAGR)	+0.25%	+6.42%
10 years(CAGR)	+5.56%	+10.48%
Max(CAGR)	+9.17%	+6.38%

Winner

CAF

-1.03%

MXI

-4.42%

Winner

CAF

+12.65%

MXI

-4.50%

Winner

CAF

+12.15%

MXI

-0.10%

Winner

CAF

+43.16%

MXI

+22.31%

5Y(CAGR)

CAF

+0.25%

Winner

MXI

+6.42%

10Y(CAGR)

CAF

+5.56%

Winner

MXI

+10.48%

Max(CAGR)

Winner

CAF

+9.17%

MXI

+6.38%

CAF vs MXI - Annual Returns (2006 - 2026)

Returns include dividend reinvestment.

Year	CAF	MXI
2026	+12.53%	+8.06%
2025	+42.50%	+27.65%
2024	+0.52%	-7.48%
2023	-9.64%	+14.37%
2022	-31.42%	-8.61%
2021	-2.55%	+13.65%
2020	+10.91%	+22.08%
2019	+24.02%	+22.32%
2018	-15.74%	-17.31%
2017	+41.08%	+29.31%
2016	-7.41%	+25.67%
2015	+12.06%	-16.71%
2014	+38.76%	-7.30%
2013	-4.11%	-0.41%
2012	+32.20%	+7.02%
2011	-29.66%	-20.83%
2010	-8.64%	+16.37%
2009	+59.50%	+56.48%
2008	-49.62%	-48.27%
2007	+89.68%	+39.00%
2006	+54.38%	+16.65%

CAF vs MXI Drawdown Comparison

The maximum drawdown for CAF was -66.21%, occurring on Nov 6, 2008. Recovery took 1892 trading sessions.

The maximum drawdown for MXI was -68.44%, occurring on Nov 20, 2008. Recovery took 2431 trading sessions.

The current CAF drawdown is -5.67%. The current MXI drawdown is -9.22%.

Rank	CAF	MXI
#1	-66.21% Sep 27, 2007 - Apr 6, 2015	-68.44% May 19, 2008 - Jan 12, 2018
#2	-49.04% Jun 1, 2021 - Jul 1, 2026	-39.50% Jan 26, 2018 - Aug 17, 2020
#3	-39.21% Jun 11, 2015 - May 16, 2017	-28.72% Apr 1, 2022 - Mar 20, 2024
#4	-33.95% Jan 26, 2018 - Dec 14, 2020	-22.25% Sep 26, 2024 - Sep 5, 2025
#5	-18.59% Jan 3, 2007 - Apr 3, 2007	-18.11% Oct 29, 2007 - Apr 16, 2008
#6	-13.35% Aug 13, 2007 - Aug 22, 2007	-17.47% Jul 23, 2007 - Sep 21, 2007
#7	-11.69% May 7, 2007 - Jun 14, 2007	-16.18% Feb 27, 2026 - Mar 20, 2026
#8	-10.34% Apr 27, 2015 - May 26, 2015	-11.52% May 7, 2021 - Mar 25, 2022
#9	-9.52% Jun 20, 2017 - Sep 7, 2017	-9.16% Feb 26, 2007 - Mar 21, 2007
#10	-8.39% Jul 1, 2026 - Jul 17, 2026	-8.99% May 20, 2024 - Sep 24, 2024
#11	-7.52% Jun 19, 2007 - Jul 11, 2007	-8.16% Sep 15, 2020 - Nov 6, 2020
#12	-7.09% Sep 6, 2007 - Sep 18, 2007	-7.95% Jan 7, 2021 - Mar 11, 2021
#13	-6.85% Aug 27, 2007 - Aug 31, 2007	-5.69% Oct 12, 2007 - Oct 29, 2007
#14	-6.61% Oct 5, 2006 - Nov 29, 2006	-5.56% Oct 20, 2025 - Nov 12, 2025
#15	-5.76% Jan 5, 2021 - Feb 16, 2021	-5.44% Nov 12, 2025 - Nov 28, 2025

Correlation

Correlation between CAF and MXI is 0.65 which considered as a moderate positive correlation - the stocks show some tendency to move together.

0.65

-101

Dividend Comparison (2006 - 2026)

CAF vs MXI dividend yield comparison.

Year	CAF	MXI
2026	0.00%	1.07%
2025	1.51%	2.22%
2024	2.63%	3.24%
2023	0.96%	2.92%
2022	0.02%	4.84%
2021	6.57%	3.51%
2020	10.40%	1.21%
2019	3.78%	3.64%
2018	9.48%	2.77%
2017	5.20%	1.76%
2016	4.69%	1.31%
2015	67.03%	3.64%
2014	5.66%	2.32%
2013	0.47%	2.14%
2012	8.48%	2.09%
2011	1.90%	2.21%
2010	6.30%	1.64%
2009	13.59%	0.73%
2008	28.65%	2.67%
2007	19.01%	0.62%
2006	0.00%	0.29%