MXF vs EWM

Comparison between Mexico Fund Inc (MXF, ETF) and ISHARES MSCI MALAYSIA ETF (EWM, ETF).

5-Year PerformanceMXF has outperformed EWM, delivering a return of +13.9% compared to +4.6%

MXF vs EWM - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	MXF(ETF)	EWM(ETF)
Net Assets	$365M	$366M
Expense Ratio	N/A	0.50%
Max Drawdown	84.70%	71.46%
Sharpe Ratio	1.58	1.18
5Y Beta	0.61	0.47
5Y Dividends CAGR	51.15%	1.67%

Net Assets

MXF

$365M

Winner

EWM

$366M

Expense Ratio

MXF

N/A

EWM

0.50%

Max Drawdown

MXF

84.70%

Winner

EWM

71.46%

Sharpe Ratio

Winner

MXF

1.58

EWM

1.18

5Y Beta

MXF

0.61

Winner

EWM

0.47

5Y Dividends CAGR

Winner

MXF

51.15%

EWM

1.67%

MXF vs EWM - Historical Returns

Returns include dividend reinvestment.

Period	MXF	EWM
1 month	+0.51%	-5.55%
3 months	+11.31%	-6.19%
6 months	+10.76%	+0.76%
1 year	+40.13%	+19.23%
5 years(CAGR)	+13.88%	+4.57%
10 years(CAGR)	+7.84%	+2.28%
Max(CAGR)	+9.51%	+5.26%

Winner

MXF

+0.51%

EWM

-5.55%

Winner

MXF

+11.31%

EWM

-6.19%

Winner

MXF

+10.76%

EWM

+0.76%

Winner

MXF

+40.13%

EWM

+19.23%

5Y(CAGR)

Winner

MXF

+13.88%

EWM

+4.57%

10Y(CAGR)

Winner

MXF

+7.84%

EWM

+2.28%

Max(CAGR)

Winner

MXF

+9.51%

EWM

+5.26%

MXF vs EWM - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	MXF	EWM
2026	+11.30%	+0.72%
2025	+58.74%	+16.66%
2024	-26.66%	+20.51%
2023	+33.75%	-2.49%
2022	-1.64%	-5.72%
2021	+16.95%	-6.13%
2020	+0.98%	+1.74%
2019	+9.27%	-1.18%
2018	-13.61%	-7.09%
2017	+15.48%	+24.23%
2016	-9.76%	-0.83%
2015	-11.91%	-18.80%
2014	-20.72%	-9.26%
2013	+7.89%	+7.09%
2012	+42.43%	+13.35%
2011	-13.18%	-3.80%
2010	+39.80%	+34.92%
2009	+56.67%	+44.85%
2008	-45.06%	-39.09%
2007	-10.43%	+41.48%
2006	+48.31%	+36.15%
2005	+44.97%	+0.85%
2004	+33.87%	+14.35%
2003	+39.75%	+29.61%
2002	-18.37%	+1.25%
2001	+32.91%	+6.98%
2000	-14.07%	-31.70%
1999	+20.86%	+29.88%

MXF vs EWM Drawdown Comparison

The maximum drawdown for MXF was -71.79%, occurring on Mar 2, 2009. Recovery took 1188 trading sessions.

The maximum drawdown for EWM was -52.14%, occurring on Oct 27, 2008. Recovery took 661 trading sessions.

The current MXF drawdown is -2.84%. The current EWM drawdown is -10.82%.

Rank	MXF	EWM
#1	-71.79% Oct 26, 2007 - Jul 16, 2012	-52.14% Jan 14, 2008 - Aug 27, 2010
#2	-69.74% Apr 2, 2013 - Aug 8, 2025	-51.81% Jan 18, 2000 - Jul 21, 2005
#3	-40.98% Apr 10, 2002 - Jan 5, 2004	-50.35% Aug 27, 2014 - Mar 19, 2020
#4	-34.42% Mar 8, 2000 - May 22, 2001	-22.25% Jul 7, 2011 - Sep 14, 2012
#5	-28.66% Jul 5, 2001 - Jan 3, 2002	-18.11% Feb 23, 2007 - Apr 3, 2007
#6	-23.35% May 10, 2006 - Oct 5, 2006	-16.67% Jan 3, 2000 - Jan 13, 2000
#7	-16.67% Apr 2, 2004 - Dec 1, 2004	-16.57% May 18, 2007 - Oct 5, 2007
#8	-16.64% Jul 13, 2007 - Oct 26, 2007	-16.13% May 14, 2013 - Jul 2, 2014
#9	-16.15% Mar 7, 2005 - Jun 15, 2005	-13.60% May 10, 2006 - Nov 2, 2006
#10	-14.03% Feb 27, 2026 - Mar 20, 2026	-8.42% Aug 9, 2005 - Feb 3, 2006
#11	-11.90% Feb 23, 2007 - May 18, 2007	-7.80% Jan 17, 2013 - Apr 9, 2013
#12	-11.19% Jan 14, 2000 - Feb 4, 2000	-7.63% Oct 31, 2007 - Dec 6, 2007
#13	-10.85% Oct 5, 2012 - Dec 20, 2012	-7.04% Jan 13, 2011 - Apr 1, 2011
#14	-9.19% Feb 10, 2000 - Mar 2, 2000	-6.00% Dec 6, 2007 - Jan 3, 2008
#15	-8.94% Oct 3, 2005 - Nov 10, 2005	-5.42% Nov 4, 2010 - Dec 29, 2010

Correlation

Correlation between MXF and EWM is 0.86 which considered as a strong positive correlation - the stocks tend to move together.

0.86

-101

Dividend Comparison (2000 - 2026)

MXF vs EWM dividend yield comparison.

Year	MXF	EWM
2026	3.21%	2.11%
2025	4.67%	3.41%
2024	6.67%	3.32%
2023	4.19%	3.47%
2022	4.88%	3.00%
2021	2.29%	6.48%
2020	3.15%	1.89%
2019	7.28%	2.91%
2018	5.13%	3.84%
2017	3.37%	5.58%
2016	5.03%	5.97%
2015	10.90%	37.54%
2014	13.83%	4.03%
2013	10.84%	3.03%
2012	8.32%	1.58%
2011	14.63%	4.46%
2010	9.02%	2.40%
2009	8.25%	2.30%
2008	23.02%	5.21%
2007	2.56%	3.19%
2006	10.06%	2.15%
2005	10.25%	4.23%
2004	3.29%	2.20%
2003	1.86%	1.61%
2002	15.17%	1.86%
2001	17.69%	1.48%
2000	0.86%	1.35%