EDF vs MSD

Comparison between Virtus Stone Harbor Emerging Markets Income Fund (EDF, ETF) and Morgan Stanley Emerging Markets Debt Fund Inc (MSD, ETF).

5-Year PerformanceEDF has outperformed MSD, delivering a return of +5.5% compared to +4.6%

EDF vs MSD - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	EDF(ETF)	MSD(ETF)
Net Assets	$161M	$161M
Max Drawdown	86.83%	52.80%
Sharpe Ratio	1.05	0.25
5Y Beta	0.33	0.36
5Y Dividends CAGR	-5.19%	13.22%

Net Assets

Winner

EDF

$161M

MSD

$161M

Max Drawdown

EDF

86.83%

Winner

MSD

52.80%

Sharpe Ratio

Winner

EDF

1.05

MSD

0.25

5Y Beta

Winner

EDF

0.33

MSD

0.36

5Y Dividends CAGR

EDF

-5.19%

Winner

MSD

13.22%

EDF vs MSD - Historical Returns

Returns include dividend reinvestment.

Period	EDF	MSD
1 month	-5.55%	+2.33%
3 months	+5.77%	+1.09%
6 months	+15.40%	+1.33%
1 year	+21.53%	+6.35%
5 years(CAGR)	+5.46%	+4.59%
10 years(CAGR)	+4.25%	+5.01%
Max(CAGR)	+3.43%	+8.69%

EDF

-5.55%

Winner

MSD

+2.33%

Winner

EDF

+5.77%

MSD

+1.09%

Winner

EDF

+15.40%

MSD

+1.33%

Winner

EDF

+21.53%

MSD

+6.35%

5Y(CAGR)

Winner

EDF

+5.46%

MSD

+4.59%

10Y(CAGR)

EDF

+4.25%

Winner

MSD

+5.01%

Max(CAGR)

EDF

+3.43%

Winner

MSD

+8.69%

EDF vs MSD - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	EDF	MSD
2026	+14.25%	+3.74%
2025	+19.95%	+6.44%
2024	+25.32%	+24.34%
2023	+17.80%	+18.74%
2022	-28.32%	-21.74%
2021	-6.82%	+3.29%
2020	-31.22%	+1.05%
2019	+44.37%	+23.62%
2018	-19.34%	-12.82%
2017	+22.61%	+16.04%
2016	+41.18%	+14.03%
2015	-9.74%	+1.27%
2014	-6.26%	+0.55%
2013	-19.19%	-13.60%
2012	+25.22%	+21.07%
2011	-9.26%	+5.25%
2010	-0.04%	+13.98%
2009	N/A	+47.73%
2008	N/A	-19.39%
2007	N/A	-6.06%
2006	N/A	+11.32%
2005	N/A	+24.29%
2004	N/A	+10.62%
2003	N/A	+41.28%
2002	N/A	+10.80%
2001	N/A	+19.83%
2000	N/A	+6.89%
1999	N/A	-0.43%

EDF vs MSD Drawdown Comparison

The maximum drawdown for EDF was -64.13%, occurring on Oct 20, 2022. Recovery took 1614 trading sessions.

The maximum drawdown for MSD was -45.49%, occurring on Nov 20, 2008. Recovery took 677 trading sessions.

The current EDF drawdown is -6.22%. The current MSD drawdown is -3.65%.

Rank	EDF	MSD
#1	-64.13% Jan 15, 2020 - Jun 18, 2026	-45.49% Dec 14, 2006 - Aug 25, 2009
#2	-45.74% Feb 20, 2013 - Feb 7, 2017	-37.50% Feb 20, 2020 - Jun 1, 2021
#3	-28.36% Jan 26, 2018 - Jun 7, 2019	-33.90% Sep 9, 2021 - Jul 3, 2024
#4	-13.72% Sep 6, 2011 - Jan 26, 2012	-21.29% Jan 24, 2013 - Aug 10, 2016
#5	-12.48% Oct 11, 2017 - Jan 22, 2018	-21.27% Jan 12, 2004 - Nov 18, 2004
#6	-10.11% Aug 1, 2019 - Dec 24, 2019	-20.31% Jun 4, 2002 - Feb 24, 2003
#7	-8.84% May 8, 2012 - Jul 31, 2012	-18.63% Feb 23, 2006 - Oct 24, 2006
#8	-8.36% Jun 18, 2026 - Jul 17, 2026	-14.62% Jan 2, 2018 - Jun 20, 2019
#9	-7.79% Aug 1, 2011 - Sep 6, 2011	-14.23% Aug 31, 2000 - Jan 16, 2001
#10	-7.09% Jun 14, 2017 - Jul 28, 2017	-12.85% Jun 8, 2001 - Nov 13, 2001
#11	-6.25% Jan 13, 2011 - Apr 14, 2011	-12.84% Apr 1, 2025 - Jan 22, 2026
#12	-4.74% Mar 7, 2017 - Mar 15, 2017	-12.57% Apr 26, 2010 - Jul 26, 2010
#13	-4.66% Jul 31, 2017 - Aug 29, 2017	-12.21% Mar 8, 2005 - Aug 15, 2005
#14	-4.54% May 20, 2011 - Jul 26, 2011	-11.67% Nov 5, 2010 - Aug 1, 2011
#15	-4.45% Feb 17, 2012 - May 7, 2012	-11.32% Jan 29, 2001 - Jun 8, 2001

Correlation

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

0.65

-101

Dividend Comparison (1999 - 2026)

EDF vs MSD dividend yield comparison.

Year	EDF	MSD
2026	8.00%	3.95%
2025	14.49%	9.88%
2024	15.32%	11.88%
2023	16.71%	10.90%
2022	17.31%	7.34%
2021	12.91%	4.99%
2020	16.46%	4.67%
2019	15.67%	5.37%
2018	19.37%	6.56%
2017	13.58%	5.81%
2016	14.75%	6.87%
2015	17.93%	7.03%
2014	13.92%	6.27%
2013	11.79%	10.17%
2012	8.72%	5.27%
2011	9.48%	6.31%
2010	0.00%	10.02%
2009	0.00%	6.33%
2008	0.00%	12.20%
2007	0.00%	6.82%
2006	0.00%	7.11%
2005	0.00%	8.68%
2004	0.00%	10.57%
2003	0.00%	7.70%
2002	0.00%	8.74%
2001	0.00%	11.49%
2000	0.00%	12.65%
1999	0.00%	4.26%