MGF vs IAE

Comparison between MFS Government Markets Income Trust (MGF, ETF) and Voya Asia Pacific High Dividend Equity Income Fund (IAE, ETF).

5-Year PerformanceIAE has outperformed MGF, delivering a return of +10.6% compared to -1.1%

MGF vs IAE - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	MGF(ETF)	IAE(ETF)
Net Assets	$99M	$100M
Max Drawdown	64.96%	78.94%
Sharpe Ratio	-0.24	1.26
5Y Beta	0.06	0.67
5Y Dividends CAGR	-7.73%	-4.70%

Net Assets

MGF

$99M

Winner

IAE

$100M

Max Drawdown

Winner

MGF

64.96%

IAE

78.94%

Sharpe Ratio

MGF

-0.24

Winner

IAE

1.26

5Y Beta

Winner

MGF

0.06

IAE

0.67

5Y Dividends CAGR

MGF

-7.73%

Winner

IAE

-4.70%

MGF vs IAE - Historical Returns

Returns include dividend reinvestment.

Period	MGF	IAE
1 month	+0.35%	-6.40%
3 months	-0.77%	+10.73%
6 months	-2.53%	+12.10%
1 year	-0.14%	+33.78%
5 years(CAGR)	-1.14%	+10.58%
10 years(CAGR)	+1.33%	+10.32%
Max(CAGR)	+4.18%	+5.09%

Winner

MGF

+0.35%

IAE

-6.40%

MGF

-0.77%

Winner

IAE

+10.73%

MGF

-2.53%

Winner

IAE

+12.10%

MGF

-0.14%

Winner

IAE

+33.78%

5Y(CAGR)

MGF

-1.14%

Winner

IAE

+10.58%

10Y(CAGR)

MGF

+1.33%

Winner

IAE

+10.32%

Max(CAGR)

MGF

+4.18%

Winner

IAE

+5.09%

MGF vs IAE - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	MGF	IAE
2026	-1.59%	+20.24%
2025	+5.18%	+35.76%
2024	+4.18%	+13.83%
2023	+3.78%	+7.73%
2022	-15.17%	-15.30%
2021	+0.65%	+2.48%
2020	+7.32%	+12.74%
2019	+9.81%	+12.46%
2018	-0.14%	-12.66%
2017	+3.45%	+28.08%
2016	+2.52%	+11.40%
2015	-0.31%	-11.45%
2014	+6.04%	-0.25%
2013	-10.52%	-14.36%
2012	+5.17%	+19.51%
2011	+10.17%	-20.57%
2010	-0.19%	+12.93%
2009	+0.72%	+85.84%
2008	+26.75%	-41.18%
2007	+9.08%	-7.11%
2006	+6.49%	N/A
2005	+2.69%	N/A
2004	+3.30%	N/A
2003	+2.74%	N/A
2002	+15.23%	N/A
2001	+6.43%	N/A
2000	+17.98%	N/A
1999	-4.21%	N/A

MGF vs IAE Drawdown Comparison

The maximum drawdown for MGF was -22.85%, occurring on Oct 24, 2022. This drawdown has not yet recovered.

The maximum drawdown for IAE was -60.83%, occurring on Nov 20, 2008. Recovery took 494 trading sessions.

The current MGF drawdown is -6.49%. The current IAE drawdown is -7.31%.

Rank	MGF	IAE
#1	-22.85% Sep 17, 2021 - Oct 24, 2022	-60.83% Oct 29, 2007 - Oct 14, 2009
#2	-21.63% Sep 8, 2008 - Nov 28, 2008	-42.36% Jan 26, 2018 - Dec 1, 2020
#3	-19.20% Sep 5, 2012 - Aug 18, 2016	-39.05% Jan 22, 2013 - Oct 3, 2017
#4	-15.76% Dec 23, 2008 - Aug 21, 2009	-33.79% Apr 21, 2011 - Jan 14, 2013
#5	-15.30% Aug 23, 2010 - Jan 13, 2012	-32.91% Jun 29, 2021 - Sep 26, 2024
#6	-9.35% Mar 9, 2020 - Apr 13, 2020	-21.67% Apr 15, 2010 - Sep 27, 2010
#7	-9.12% Sep 23, 2009 - Mar 10, 2010	-18.44% Apr 17, 2007 - Oct 26, 2007
#8	-8.88% Mar 19, 2004 - Jan 18, 2005	-16.75% Jan 6, 2010 - Apr 14, 2010
#9	-8.02% May 27, 2008 - Sep 8, 2008	-16.18% Oct 7, 2024 - May 12, 2025
#10	-7.46% Mar 16, 2010 - Jun 7, 2010	-13.66% Nov 5, 2010 - Apr 21, 2011
#11	-7.25% May 23, 2003 - Feb 12, 2004	-12.85% Feb 10, 2026 - Apr 27, 2026
#12	-6.95% Aug 18, 2016 - Jan 31, 2019	-11.92% Oct 15, 2009 - Dec 4, 2009
#13	-6.19% Nov 14, 2007 - Jan 15, 2008	-9.39% Oct 29, 2025 - Jan 12, 2026
#14	-6.19% Nov 3, 1999 - Apr 10, 2000	-7.53% Jun 30, 2026 - Jul 16, 2026
#15	-6.15% Nov 2, 2001 - Feb 11, 2002	-6.98% Oct 16, 2017 - Jan 5, 2018

Correlation

Correlation between MGF and IAE is 0.69 which considered as a moderate positive correlation - the stocks show some tendency to move together.

0.69

-101

Dividend Comparison (2000 - 2026)

MGF vs IAE dividend yield comparison.

Year	MGF	IAE
2026	3.96%	4.57%
2025	7.65%	10.71%
2024	7.80%	12.29%
2023	7.82%	10.65%
2022	8.44%	14.03%
2021	7.71%	10.60%
2020	7.58%	9.97%
2019	7.50%	9.88%
2018	7.81%	9.61%
2017	7.92%	7.82%
2016	8.10%	11.14%
2015	8.05%	12.74%
2014	7.85%	11.20%
2013	8.24%	10.60%
2012	7.37%	9.55%
2011	7.33%	11.80%
2010	7.69%	8.78%
2009	6.96%	10.22%
2008	6.57%	17.55%
2007	5.92%	7.80%
2006	5.43%	0.00%
2005	5.00%	0.00%
2004	4.86%	0.00%
2003	5.25%	0.00%
2002	6.10%	0.00%
2001	6.50%	0.00%
2000	3.05%	0.00%