CHW vs EMD

Comparison between Calamos Global Dynamic Income Fund (CHW, ETF) and Western Asset Emerging Markets Debt Fund Inc (EMD, ETF).

5-Year PerformanceCHW has outperformed EMD, delivering a return of +5.1% compared to +5.1%

CHW vs EMD - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	CHW(ETF)	EMD(ETF)
Net Assets	$650M	$649M
Max Drawdown	72.87%	66.58%
Sharpe Ratio	1.79	1.23
5Y Beta	0.88	0.42
5Y Dividends CAGR	-5.00%	1.80%

Net Assets

Winner

CHW

$650M

EMD

$649M

Max Drawdown

CHW

72.87%

Winner

EMD

66.58%

Sharpe Ratio

Winner

CHW

1.79

EMD

1.23

5Y Beta

CHW

0.88

Winner

EMD

0.42

5Y Dividends CAGR

CHW

-5.00%

Winner

EMD

1.80%

CHW vs EMD - Historical Returns

Returns include dividend reinvestment.

Period	CHW	EMD
1 month	+4.32%	+2.18%
3 months	+18.43%	+3.18%
6 months	+27.62%	+2.67%
1 year	+38.74%	+19.93%
5 years(CAGR)	+5.10%	+5.07%
10 years(CAGR)	+12.86%	+6.23%
Max(CAGR)	+7.26%	+6.61%

Winner

CHW

+4.32%

EMD

+2.18%

Winner

CHW

+18.43%

EMD

+3.18%

Winner

CHW

+27.62%

EMD

+2.67%

Winner

CHW

+38.74%

EMD

+19.93%

5Y(CAGR)

Winner

CHW

+5.10%

EMD

+5.07%

10Y(CAGR)

Winner

CHW

+12.86%

EMD

+6.23%

Max(CAGR)

Winner

CHW

+7.26%

EMD

+6.61%

CHW vs EMD - Annual Returns (2003 - 2026)

Returns include dividend reinvestment.

Year	CHW	EMD
2026	+21.17%	+2.53%
2025	+20.25%	+21.86%
2024	+29.15%	+16.94%
2023	+13.92%	+11.96%
2022	-37.66%	-20.86%
2021	+16.61%	+0.40%
2020	+22.85%	+7.41%
2019	+42.73%	+25.16%
2018	-20.91%	-14.95%
2017	+44.00%	+14.27%
2016	+9.71%	+17.52%
2015	-11.37%	-4.89%
2014	+13.84%	-1.33%
2013	+14.81%	-16.02%
2012	+22.73%	+22.51%
2011	-7.00%	+10.49%
2010	+13.76%	+12.77%
2009	+45.50%	+51.98%
2008	-47.92%	-21.64%
2007	-11.08%	+7.90%
2006	N/A	+11.12%
2005	N/A	+6.97%
2004	N/A	+6.28%
2003	N/A	+0.90%

CHW vs EMD Drawdown Comparison

The maximum drawdown for CHW was -66.81%, occurring on Nov 20, 2008. Recovery took 1371 trading sessions.

The maximum drawdown for EMD was -48.11%, occurring on Nov 20, 2008. Recovery took 297 trading sessions.

The current CHW drawdown is -3.49%. The current EMD drawdown is -3.22%.

Rank	CHW	EMD
#1	-66.81% Jul 26, 2007 - Jan 4, 2013	-48.11% Jun 3, 2008 - Aug 6, 2009
#2	-53.47% Feb 20, 2020 - Aug 31, 2020	-46.44% Feb 21, 2020 - Dec 17, 2020
#3	-46.07% Jul 29, 2021 - Sep 19, 2025	-40.44% Sep 2, 2021 - Oct 2, 2024
#4	-31.90% Sep 12, 2018 - Nov 4, 2019	-29.53% Mar 12, 2013 - Apr 20, 2017
#5	-29.24% Jul 24, 2014 - Feb 7, 2017	-26.07% Jan 27, 2004 - Sep 24, 2004
#6	-15.50% Feb 25, 2026 - Apr 27, 2026	-18.70% Jan 16, 2018 - Jun 21, 2019
#7	-11.96% Oct 13, 2020 - Nov 11, 2020	-13.52% May 29, 2007 - Oct 5, 2007
#8	-11.53% May 14, 2013 - Oct 22, 2013	-13.33% Feb 18, 2026 - Mar 30, 2026
#9	-10.79% Jan 26, 2018 - Sep 12, 2018	-12.48% Sep 2, 2011 - Dec 23, 2011
#10	-7.74% Oct 9, 2025 - Jan 9, 2026	-11.83% Mar 25, 2025 - Jun 4, 2025
#11	-7.11% Aug 31, 2020 - Oct 7, 2020	-11.04% Feb 8, 2005 - Sep 9, 2005
#12	-6.63% May 14, 2026 - May 27, 2026	-10.28% Apr 23, 2010 - Jul 21, 2010
#13	-6.56% Apr 12, 2021 - Jun 8, 2021	-9.97% Nov 5, 2010 - May 10, 2011
#14	-6.34% Jun 2, 2026 - Jun 10, 2026	-9.74% Aug 3, 2011 - Sep 2, 2011
#15	-6.30% Aug 7, 2017 - Sep 19, 2017	-9.13% Oct 8, 2009 - Dec 24, 2009

Correlation

Correlation between CHW and EMD is 0.92 which considered as a very strong positive correlation - the stocks move almost identically together.

0.92

-101

Dividend Comparison (2004 - 2026)

CHW vs EMD dividend yield comparison.

Year	CHW	EMD
2026	2.85%	4.50%
2025	8.10%	10.44%
2024	8.89%	10.57%
2023	10.40%	9.97%
2022	13.62%	11.09%
2021	8.43%	8.44%
2020	8.79%	8.45%
2019	9.67%	8.41%
2018	12.82%	9.76%
2017	9.25%	7.78%
2016	12.05%	9.99%
2015	11.73%	9.54%
2014	8.93%	9.01%
2013	8.29%	8.37%
2012	8.91%	6.49%
2011	8.22%	7.01%
2010	7.17%	7.48%
2009	10.05%	8.87%
2008	21.28%	13.34%
2007	5.21%	7.73%
2006	0.00%	9.19%
2005	0.00%	14.13%
2004	0.00%	8.88%