MXE vs RWEM

Comparison between Mexico Equity And Income Fund Inc (MXE, ETF) and RAYLIANT NXTGEN MULTIFACTOR EMERGING MARKETS EQUITY ETF (RWEM, ETF).

5-Year PerformanceRWEM has outperformed MXE, delivering a return of +9.7% compared to +3.1%

MXE vs RWEM - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	MXE(ETF)	RWEM(ETF)
Net Assets	$71M	$71M
Expense Ratio	N/A	0.52%
Max Drawdown	93.12%	28.41%
Sharpe Ratio	1.01	0.81
5Y Beta	0.52	0.68
5Y Dividends CAGR	34.66%	N/A

Net Assets

MXE

$71M

RWEM

$71M

Expense Ratio

MXE

N/A

RWEM

0.52%

Max Drawdown

MXE

93.12%

Winner

RWEM

28.41%

Sharpe Ratio

Winner

MXE

1.01

RWEM

0.81

5Y Beta

Winner

MXE

0.52

RWEM

0.68

5Y Dividends CAGR

MXE

34.66%

RWEM

N/A

MXE vs RWEM - Historical Returns

Returns include dividend reinvestment.

Period	MXE	RWEM
1 month	-4.04%	-10.61%
3 months	-5.05%	+2.79%
6 months	-1.89%	+9.04%
1 year	+25.45%	+29.06%
5 years(CAGR)	+3.12%	+9.71%
10 years(CAGR)	+2.70%	N/A
Max(CAGR)	+8.76%	+9.71%

Winner

MXE

-4.04%

RWEM

-10.61%

MXE

-5.05%

Winner

RWEM

+2.79%

MXE

-1.89%

Winner

RWEM

+9.04%

MXE

+25.45%

Winner

RWEM

+29.06%

5Y(CAGR)

MXE

+3.12%

Winner

RWEM

+9.71%

10Y(CAGR)

MXE

+2.70%

RWEM

N/A

Max(CAGR)

MXE

+8.76%

Winner

RWEM

+9.71%

MXE vs RWEM - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	MXE	RWEM
2026	+4.00%	+13.78%
2025	+54.22%	+28.45%
2024	-26.01%	+8.36%
2023	+30.53%	+22.05%
2022	-1.90%	-20.50%
2021	-9.07%	+0.43%
2020	-18.08%	N/A
2019	+13.88%	N/A
2018	-2.88%	N/A
2017	+12.33%	N/A
2016	-12.33%	N/A
2015	-8.41%	N/A
2014	-2.60%	N/A
2013	+14.89%	N/A
2012	+42.27%	N/A
2011	-13.48%	N/A
2010	+45.00%	N/A
2009	+15.91%	N/A
2008	-46.64%	N/A
2007	+19.96%	N/A
2006	+58.18%	N/A
2005	-2.40%	N/A
2004	+64.98%	N/A
2003	+35.38%	N/A
2002	-18.94%	N/A
2001	+19.72%	N/A
2000	-5.78%	N/A
1999	+34.27%	N/A

MXE vs RWEM Drawdown Comparison

The maximum drawdown for MXE was -81.73%, occurring on Mar 9, 2009. Recovery took 1741 trading sessions.

The maximum drawdown for RWEM was -26.92%, occurring on Oct 31, 2022. Recovery took 529 trading sessions.

The current MXE drawdown is -8.52%. The current RWEM drawdown is -11.87%.

Rank	MXE	RWEM
#1	-81.73% Jul 24, 2007 - Jun 23, 2014	-26.92% Jan 12, 2022 - Feb 22, 2024
#2	-59.01% Sep 5, 2014 - Jan 26, 2026	-22.56% Sep 26, 2024 - Jun 26, 2025
#3	-41.00% Mar 9, 2000 - Jan 21, 2004	-15.39% Feb 25, 2026 - Apr 17, 2026
#4	-25.98% Dec 15, 2005 - Sep 15, 2006	-14.82% Jun 18, 2026 - Jul 17, 2026
#5	-25.07% Mar 8, 2005 - Sep 6, 2005	-10.54% Jun 4, 2026 - Jun 15, 2026
#6	-23.19% Apr 13, 2004 - Nov 4, 2004	-10.03% Jul 11, 2024 - Sep 24, 2024
#7	-18.50% Feb 26, 2007 - Mar 26, 2007	-9.41% Dec 1, 2025 - Jan 6, 2026
#8	-14.14% Feb 20, 2026 - Mar 20, 2026	-7.49% Apr 17, 2026 - May 6, 2026
#9	-13.07% May 1, 2007 - Jun 20, 2007	-6.99% May 8, 2026 - May 26, 2026
#10	-10.54% Jan 3, 2005 - Feb 4, 2005	-5.66% Feb 5, 2026 - Feb 20, 2026
#11	-10.48% Dec 27, 2006 - Feb 5, 2007	-5.57% Nov 3, 2025 - Dec 1, 2025
#12	-8.59% Oct 3, 2005 - Nov 14, 2005	-5.15% Apr 11, 2024 - May 15, 2024
#13	-7.79% Apr 10, 2007 - Apr 25, 2007	-5.05% Jan 29, 2026 - Feb 5, 2026
#14	-6.54% Oct 26, 2006 - Nov 20, 2006	-3.93% May 21, 2024 - Jun 17, 2024
#15	-6.40% Dec 1, 2004 - Dec 23, 2004	-3.02% Jun 15, 2026 - Jun 18, 2026

Correlation

Correlation between MXE and RWEM is 0.85 which considered as a strong positive correlation - the stocks tend to move together.

0.85

-101

Dividend Comparison (1999 - 2025)

MXE vs RWEM dividend yield comparison.

Year	MXE	RWEM
2025	1.89%	2.15%
2024	3.71%	3.59%
2023	2.69%	1.60%
2022	0.00%	5.59%
2021	0.00%	0.39%
2019	1.04%	0.00%
2018	0.01%	0.00%
2017	0.47%	0.00%
2015	5.20%	0.00%
2014	12.83%	0.00%
2013	14.29%	0.00%
2012	1.33%	0.00%
2010	0.20%	0.00%
2008	108.23%	0.00%
2007	30.17%	0.00%
2006	11.91%	0.00%
2005	0.94%	0.00%
2003	0.19%	0.00%
2000	7.87%	0.00%
1999	1.34%	0.00%