CHW vs TWN

Comparison between Calamos Global Dynamic Income Fund (CHW, ETF) and Taiwan Fund Inc (TWN, ETF).

5-Year PerformanceTWN has outperformed CHW, delivering a return of +32.6% compared to +5.4%

CHW vs TWN - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	CHW(ETF)	TWN(ETF)
Net Assets	$603M	$603M
Max Drawdown	72.87%	71.62%
Sharpe Ratio	1.82	3.54
5Y Beta	0.89	0.87
5Y Dividends CAGR	-6.51%	13.36%

Net Assets

CHW

$603M

Winner

TWN

$603M

Max Drawdown

CHW

72.87%

Winner

TWN

71.62%

Sharpe Ratio

CHW

1.82

Winner

TWN

3.54

5Y Beta

CHW

0.89

Winner

TWN

0.87

5Y Dividends CAGR

CHW

-6.51%

Winner

TWN

13.36%

CHW vs TWN - Historical Returns

Returns include dividend reinvestment.

Period	CHW	TWN
1 month	+3.29%	-4.60%
3 months	+14.77%	+51.83%
6 months	+22.93%	+83.52%
1 year	+37.20%	+164.04%
5 years(CAGR)	+5.42%	+32.60%
10 years(CAGR)	+12.38%	+28.85%
Max(CAGR)	+7.20%	+10.99%

Winner

CHW

+3.29%

TWN

-4.60%

CHW

+14.77%

Winner

TWN

+51.83%

CHW

+22.93%

Winner

TWN

+83.52%

CHW

+37.20%

Winner

TWN

+164.04%

5Y(CAGR)

CHW

+5.42%

Winner

TWN

+32.60%

10Y(CAGR)

CHW

+12.38%

Winner

TWN

+28.85%

Max(CAGR)

CHW

+7.20%

Winner

TWN

+10.99%

CHW vs TWN - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	CHW	TWN
2026	+19.65%	+68.84%
2025	+20.25%	+54.22%
2024	+29.15%	+35.45%
2023	+13.92%	+51.64%
2022	-37.66%	-40.37%
2021	+16.61%	+55.56%
2020	+22.85%	+36.34%
2019	+42.73%	+48.10%
2018	-20.91%	-19.52%
2017	+44.00%	+32.76%
2016	+9.71%	+11.50%
2015	-11.37%	-8.90%
2014	+13.84%	-0.30%
2013	+14.81%	+16.46%
2012	+22.73%	+12.23%
2011	-7.00%	-23.34%
2010	+13.76%	+31.46%
2009	+45.50%	+52.57%
2008	-47.92%	-45.73%
2007	-11.08%	+12.03%
2006	N/A	+19.43%
2005	N/A	+14.40%
2004	N/A	+7.28%
2003	N/A	+30.77%
2002	N/A	-26.97%
2001	N/A	+10.64%
2000	N/A	-49.79%
1999	N/A	+13.98%

CHW vs TWN Drawdown Comparison

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

The maximum drawdown for TWN was -71.07%, occurring on Sep 20, 2001. Recovery took 2057 trading sessions.

The current CHW drawdown is -4.70%. The current TWN drawdown is -9.29%.

Rank	CHW	TWN
#1	-66.81% Jul 26, 2007 - Jan 4, 2013	-71.07% Feb 8, 2000 - Apr 16, 2008
#2	-53.47% Feb 20, 2020 - Aug 31, 2020	-64.47% Apr 16, 2008 - May 8, 2014
#3	-46.07% Jul 29, 2021 - Sep 19, 2025	-51.72% Jan 3, 2022 - Feb 12, 2024
#4	-31.90% Sep 12, 2018 - Nov 4, 2019	-36.26% Jan 17, 2020 - Jul 2, 2020
#5	-29.24% Jul 24, 2014 - Feb 7, 2017	-29.83% Jan 6, 2025 - Jun 9, 2025
#6	-15.50% Feb 25, 2026 - Apr 27, 2026	-27.91% Jan 25, 2018 - Oct 17, 2019
#7	-11.96% Oct 13, 2020 - Nov 11, 2020	-27.43% May 11, 2015 - Mar 29, 2017
#8	-11.53% May 14, 2013 - Oct 22, 2013	-17.72% Jul 10, 2024 - Oct 22, 2024
#9	-10.79% Jan 26, 2018 - Sep 12, 2018	-15.08% Jul 3, 2014 - May 11, 2015
#10	-7.74% Oct 9, 2025 - Jan 9, 2026	-13.79% May 7, 2021 - Jun 1, 2021
#11	-7.11% Aug 31, 2020 - Oct 7, 2020	-12.57% Jul 14, 2021 - Nov 9, 2021
#12	-6.63% May 14, 2026 - May 27, 2026	-9.61% Mar 7, 2024 - Jun 12, 2024
#13	-6.56% Apr 12, 2021 - Jun 8, 2021	-9.29% Jun 1, 2026 - Jun 5, 2026
#14	-6.30% Aug 7, 2017 - Sep 19, 2017	-9.09% Oct 29, 2025 - Dec 9, 2025
#15	-5.93% Jan 23, 2014 - Feb 18, 2014	-9.07% May 6, 2026 - May 26, 2026

Correlation

Correlation between CHW and TWN is 0.84 which considered as a strong positive correlation - the stocks tend to move together.

0.84

-101

Dividend Comparison (2000 - 2026)

CHW vs TWN dividend yield comparison.

Year	CHW	TWN
2026	2.29%	0.00%
2025	8.10%	11.62%
2024	8.89%	19.14%
2023	10.40%	1.26%
2022	13.62%	0.00%
2021	8.43%	7.78%
2020	8.79%	12.91%
2019	9.67%	8.26%
2018	12.82%	11.27%
2017	9.25%	3.16%
2016	12.05%	0.00%
2015	11.73%	0.00%
2014	8.93%	16.11%
2013	8.29%	0.00%
2012	8.91%	0.00%
2011	8.22%	3.87%
2010	7.17%	0.42%
2009	10.05%	0.49%
2008	21.28%	1.86%
2007	5.21%	18.04%
2005	0.00%	0.35%
2004	0.00%	0.23%
2000	0.00%	1.96%