IAF vs MSSS

Comparison between abrdn Australia Equity Fund Inc (IAF, ETF) and MONARCH SELECT SUBSECTOR INDEX ETF (MSSS, ETF).

IAF vs MSSS - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	IAF(ETF)	MSSS(ETF)
Net Assets	$135M	$135M
Expense Ratio	N/A	1.43%
Max Drawdown	83.73%	19.35%
Sharpe Ratio	0.02	1.24
5Y Beta	0.74	0.82
5Y Dividends CAGR	1.98%	N/A

Net Assets

IAF

$135M

MSSS

$135M

Expense Ratio

IAF

N/A

MSSS

1.43%

Max Drawdown

IAF

83.73%

Winner

MSSS

19.35%

Sharpe Ratio

IAF

0.02

Winner

MSSS

1.24

5Y Beta

Winner

IAF

0.74

MSSS

0.82

5Y Dividends CAGR

IAF

1.98%

MSSS

N/A

IAF vs MSSS - Historical Returns

Returns include dividend reinvestment.

Period	IAF	MSSS
1 month	-1.29%	+4.41%
3 months	+0.34%	+14.04%
6 months	+2.19%	+14.37%
1 year	+2.28%	+21.47%
5 years(CAGR)	+1.51%	N/A
10 years(CAGR)	+8.24%	N/A
Max(CAGR)	+8.00%	+15.60%

IAF

-1.29%

Winner

MSSS

+4.41%

IAF

+0.34%

Winner

MSSS

+14.04%

IAF

+2.19%

Winner

MSSS

+14.37%

IAF

+2.28%

Winner

MSSS

+21.47%

5Y(CAGR)

IAF

+1.51%

MSSS

N/A

10Y(CAGR)

IAF

+8.24%

MSSS

N/A

Max(CAGR)

IAF

+8.00%

Winner

MSSS

+15.60%

IAF vs MSSS - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	IAF	MSSS
2026	+1.09%	+14.79%
2025	+14.07%	+10.07%
2024	+8.06%	+9.26%
2023	+11.95%	N/A
2022	-19.23%	N/A
2021	+26.30%	N/A
2020	+11.14%	N/A
2019	+27.76%	N/A
2018	-16.70%	N/A
2017	+28.33%	N/A
2016	+14.33%	N/A
2015	-9.42%	N/A
2014	-9.81%	N/A
2013	-12.07%	N/A
2012	+23.34%	N/A
2011	-15.81%	N/A
2010	+4.62%	N/A
2009	+72.62%	N/A
2008	-53.84%	N/A
2007	+40.72%	N/A
2006	+21.65%	N/A
2005	+27.45%	N/A
2004	+41.09%	N/A
2003	+57.37%	N/A
2002	+10.82%	N/A
2001	+1.54%	N/A
2000	-15.88%	N/A
1999	-3.17%	N/A

IAF vs MSSS Drawdown Comparison

The maximum drawdown for IAF was -67.63%, occurring on Nov 20, 2008. Recovery took 717 trading sessions.

The maximum drawdown for MSSS was -19.14%, occurring on Apr 8, 2025. Recovery took 174 trading sessions.

The current IAF drawdown is -9.59%.

Rank	IAF	MSSS
#1	-67.63% Jan 2, 2008 - Nov 4, 2010	-19.14% Nov 29, 2024 - Aug 13, 2025
#2	-45.13% Mar 15, 2013 - Jan 15, 2020	-10.18% Feb 26, 2026 - Apr 17, 2026
#3	-43.97% Jan 23, 2020 - Nov 16, 2020	-7.72% Mar 28, 2024 - Jul 11, 2024
#4	-33.95% Mar 30, 2022 - Jun 5, 2025	-5.84% Oct 3, 2025 - Jan 9, 2026
#5	-31.78% Jul 23, 2007 - Oct 12, 2007	-5.08% Oct 18, 2024 - Nov 25, 2024
#6	-28.94% Nov 22, 1999 - May 30, 2002	-4.13% Jul 30, 2024 - Aug 19, 2024
#7	-28.46% Nov 8, 2010 - Jan 14, 2013	-3.43% Jan 15, 2026 - Feb 17, 2026
#8	-21.64% Mar 21, 2005 - Aug 31, 2005	-2.67% Sep 11, 2025 - Oct 3, 2025
#9	-20.52% Feb 19, 2004 - Sep 27, 2004	-2.40% Sep 30, 2024 - Oct 16, 2024
#10	-17.53% Jun 3, 2002 - Apr 23, 2003	-2.04% Aug 30, 2024 - Sep 13, 2024
#11	-17.36% May 11, 2006 - Oct 25, 2006	-1.83% Apr 20, 2026 - May 1, 2026
#12	-16.20% Feb 11, 2026 - Mar 24, 2026	-1.65% Mar 7, 2024 - Mar 21, 2024
#13	-14.82% Jun 11, 2021 - Mar 24, 2022	-1.49% Jun 4, 2026 - Jun 11, 2026
#14	-14.21% Sep 20, 2005 - Dec 27, 2005	-1.41% Jul 16, 2024 - Jul 26, 2024
#15	-11.12% Oct 31, 2007 - Dec 24, 2007	-1.40% Feb 20, 2026 - Feb 26, 2026

Correlation

Correlation between IAF and MSSS is 0.88 which considered as a strong positive correlation - the stocks tend to move together.

0.88

-101

Dividend Comparison (2000 - 2026)

IAF vs MSSS dividend yield comparison.

Year	IAF	MSSS
2026	5.80%	0.15%
2025	11.30%	0.21%
2024	11.69%	0.42%
2023	11.32%	0.00%
2022	12.53%	0.00%
2021	10.25%	0.00%
2020	9.68%	0.00%
2019	10.54%	0.00%
2018	13.26%	0.00%
2017	10.05%	0.00%
2016	11.99%	0.00%
2015	14.31%	0.00%
2014	12.97%	0.00%
2013	11.97%	0.00%
2012	9.96%	0.00%
2011	12.71%	0.00%
2010	8.93%	0.00%
2009	7.64%	0.00%
2008	21.41%	0.00%
2007	9.32%	0.00%
2006	10.10%	0.00%
2005	9.62%	0.00%
2004	8.07%	0.00%
2003	1.81%	0.00%
2002	2.88%	0.00%
2001	11.52%	0.00%
2000	13.59%	0.00%