RWEM vs MXE

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

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

RWEM vs MXE - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

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

Net Assets

RWEM

$71M

MXE

$71M

Expense Ratio

RWEM

0.52%

MXE

N/A

Max Drawdown

Winner

RWEM

28.41%

MXE

93.12%

Sharpe Ratio

RWEM

0.81

Winner

MXE

1.01

5Y Beta

RWEM

0.68

Winner

MXE

0.52

5Y Dividends CAGR

RWEM

N/A

MXE

34.66%

RWEM vs MXE - Historical Returns

Returns include dividend reinvestment.

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

RWEM

-10.61%

Winner

MXE

-4.04%

Winner

RWEM

+2.79%

MXE

-5.05%

Winner

RWEM

+9.04%

MXE

-1.89%

Winner

RWEM

+29.06%

MXE

+25.45%

5Y(CAGR)

Winner

RWEM

+9.71%

MXE

+3.12%

10Y(CAGR)

RWEM

N/A

MXE

+2.70%

Max(CAGR)

Winner

RWEM

+9.71%

MXE

+8.76%

RWEM vs MXE - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

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

RWEM vs MXE Drawdown Comparison

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

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

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

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

Correlation

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

0.85

-101

Dividend Comparison (1999 - 2025)

RWEM vs MXE dividend yield comparison.

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