EMD vs FAX

Comparison between Western Asset Emerging Markets Debt Fund Inc (EMD, ETF) and abrdn Asia-Pacific Income Fund Inc (FAX, ETF).

5-Year PerformanceEMD has outperformed FAX, delivering a return of +4.3% compared to -0.2%

EMD vs FAX - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	EMD(ETF)	FAX(ETF)
Net Assets	$648M	$648M
Max Drawdown	66.58%	71.05%
Sharpe Ratio	1.11	-0.00
5Y Beta	0.42	0.36
5Y Dividends CAGR	1.80%	1.61%

Net Assets

EMD

$648M

Winner

FAX

$648M

Max Drawdown

Winner

EMD

66.58%

FAX

71.05%

Sharpe Ratio

Winner

EMD

1.11

FAX

-0.00

5Y Beta

EMD

0.42

Winner

FAX

0.36

5Y Dividends CAGR

Winner

EMD

1.80%

FAX

1.61%

EMD vs FAX - Historical Returns

Returns include dividend reinvestment.

Period	EMD	FAX
1 month	-2.19%	-2.42%
3 months	+1.13%	-3.76%
6 months	+3.00%	+0.17%
1 year	+18.25%	+3.42%
5 years(CAGR)	+4.28%	-0.19%
10 years(CAGR)	+6.07%	+2.73%
Max(CAGR)	+6.54%	+5.48%

Winner

EMD

-2.19%

FAX

-2.42%

Winner

EMD

+1.13%

FAX

-3.76%

Winner

EMD

+3.00%

FAX

+0.17%

Winner

EMD

+18.25%

FAX

+3.42%

5Y(CAGR)

Winner

EMD

+4.28%

FAX

-0.19%

10Y(CAGR)

Winner

EMD

+6.07%

FAX

+2.73%

Max(CAGR)

Winner

EMD

+6.54%

FAX

+5.48%

EMD vs FAX - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	EMD	FAX
2026	+0.68%	-1.16%
2025	+21.86%	+17.25%
2024	+16.94%	+1.93%
2023	+11.96%	+16.11%
2022	-20.86%	-23.27%
2021	+0.40%	-6.14%
2020	+7.41%	+13.45%
2019	+25.16%	+18.26%
2018	-14.95%	-12.70%
2017	+14.27%	+15.91%
2016	+17.52%	+9.73%
2015	-4.89%	-10.44%
2014	-1.33%	+2.83%
2013	-16.02%	-22.05%
2012	+22.51%	+10.86%
2011	+10.49%	+14.52%
2010	+12.77%	+14.04%
2009	+51.98%	+49.19%
2008	-21.64%	-20.04%
2007	+7.90%	-0.27%
2006	+11.12%	+12.18%
2005	+6.97%	-2.55%
2004	+6.28%	+12.80%
2003	+0.90%	+50.01%
2002	N/A	+31.16%
2001	N/A	+4.90%
2000	N/A	-10.94%
1999	N/A	-13.62%

EMD vs FAX Drawdown Comparison

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

The maximum drawdown for FAX was -48.36%, occurring on Nov 21, 2008. Recovery took 291 trading sessions.

The current EMD drawdown is -4.96%. The current FAX drawdown is -8.71%.

Rank	EMD	FAX
#1	-48.11% Jun 3, 2008 - Aug 6, 2009	-48.36% May 29, 2008 - Jul 24, 2009
#2	-46.44% Feb 21, 2020 - Dec 17, 2020	-40.59% Feb 1, 2021 - Sep 5, 2025
#3	-40.44% Sep 2, 2021 - Oct 2, 2024	-34.74% Jan 28, 2013 - Nov 20, 2020
#4	-29.53% Mar 12, 2013 - Apr 20, 2017	-30.08% Nov 3, 1999 - Apr 26, 2002
#5	-26.07% Jan 27, 2004 - Sep 24, 2004	-25.03% Feb 17, 2004 - Nov 22, 2004
#6	-18.70% Jan 16, 2018 - Jun 21, 2019	-18.23% Jul 22, 2011 - Jan 26, 2012
#7	-13.52% May 29, 2007 - Oct 5, 2007	-15.79% Apr 29, 2010 - Aug 10, 2010
#8	-13.33% Feb 18, 2026 - Mar 30, 2026	-15.34% Jun 4, 2002 - Dec 27, 2002
#9	-12.48% Sep 2, 2011 - Dec 23, 2011	-11.99% May 11, 2007 - Feb 28, 2008
#10	-11.83% Mar 25, 2025 - Jun 4, 2025	-11.85% Nov 23, 2004 - May 15, 2006
#11	-11.04% Feb 8, 2005 - Sep 9, 2005	-11.15% Feb 18, 2026 - Mar 30, 2026
#12	-10.28% Apr 23, 2010 - Jul 21, 2010	-9.06% Oct 22, 2009 - Nov 23, 2009
#13	-9.97% Nov 5, 2010 - May 10, 2011	-8.96% Jun 12, 2003 - Sep 22, 2003
#14	-9.74% Aug 3, 2011 - Sep 2, 2011	-8.74% Sep 16, 2025 - Feb 12, 2026
#15	-9.13% Oct 8, 2009 - Dec 24, 2009	-8.73% Jan 19, 2010 - Mar 9, 2010

Correlation

Correlation between EMD and FAX is 0.95 which considered as a very strong positive correlation - the stocks move almost identically together.

0.95

-101

Dividend Comparison (1999 - 2026)

EMD vs FAX dividend yield comparison.

Year	EMD	FAX
2026	4.58%	5.77%
2025	10.44%	12.91%
2024	10.57%	13.45%
2023	9.97%	12.18%
2022	11.09%	12.55%
2021	8.44%	8.64%
2020	8.45%	7.42%
2019	8.41%	8.29%
2018	9.76%	10.85%
2017	7.78%	8.61%
2016	9.99%	9.07%
2015	9.54%	9.19%
2014	9.01%	7.57%
2013	8.37%	7.29%
2012	6.49%	4.97%
2011	7.01%	5.73%
2010	7.48%	6.22%
2009	8.87%	6.76%
2008	13.34%	10.93%
2007	7.73%	7.24%
2006	9.19%	6.75%
2005	14.13%	7.24%
2004	8.88%	6.48%
2003	0.00%	6.61%
2002	0.00%	9.07%
2001	0.00%	14.06%
2000	0.00%	14.63%
1999	0.00%	2.49%