TWN vs CHW

Comparison between Taiwan Fund Inc (TWN, ETF) and Calamos Global Dynamic Income Fund (CHW, ETF).

5-Year PerformanceTWN has outperformed CHW, delivering a return of +32.6% compared to +5.4%

TWN vs CHW - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	TWN(ETF)	CHW(ETF)
Net Assets	$603M	$603M
Max Drawdown	71.62%	72.87%
Sharpe Ratio	3.54	1.82
5Y Beta	0.87	0.89
5Y Dividends CAGR	13.36%	-6.51%

Net Assets

Winner

TWN

$603M

CHW

$603M

Max Drawdown

Winner

TWN

71.62%

CHW

72.87%

Sharpe Ratio

Winner

TWN

3.54

CHW

1.82

5Y Beta

Winner

TWN

0.87

CHW

0.89

5Y Dividends CAGR

Winner

TWN

13.36%

CHW

-6.51%

TWN vs CHW - Historical Returns

Returns include dividend reinvestment.

Period	TWN	CHW
1 month	-4.60%	+3.29%
3 months	+51.83%	+14.77%
6 months	+83.52%	+22.93%
1 year	+164.04%	+37.20%
5 years(CAGR)	+32.60%	+5.42%
10 years(CAGR)	+28.85%	+12.38%
Max(CAGR)	+10.99%	+7.20%

TWN

-4.60%

Winner

CHW

+3.29%

Winner

TWN

+51.83%

CHW

+14.77%

Winner

TWN

+83.52%

CHW

+22.93%

Winner

TWN

+164.04%

CHW

+37.20%

5Y(CAGR)

Winner

TWN

+32.60%

CHW

+5.42%

10Y(CAGR)

Winner

TWN

+28.85%

CHW

+12.38%

Max(CAGR)

Winner

TWN

+10.99%

CHW

+7.20%

TWN vs CHW - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	TWN	CHW
2026	+68.84%	+19.65%
2025	+54.22%	+20.25%
2024	+35.45%	+29.15%
2023	+51.64%	+13.92%
2022	-40.37%	-37.66%
2021	+55.56%	+16.61%
2020	+36.34%	+22.85%
2019	+48.10%	+42.73%
2018	-19.52%	-20.91%
2017	+32.76%	+44.00%
2016	+11.50%	+9.71%
2015	-8.90%	-11.37%
2014	-0.30%	+13.84%
2013	+16.46%	+14.81%
2012	+12.23%	+22.73%
2011	-23.34%	-7.00%
2010	+31.46%	+13.76%
2009	+52.57%	+45.50%
2008	-45.73%	-47.92%
2007	+12.03%	-11.08%
2006	+19.43%	N/A
2005	+14.40%	N/A
2004	+7.28%	N/A
2003	+30.77%	N/A
2002	-26.97%	N/A
2001	+10.64%	N/A
2000	-49.79%	N/A
1999	+13.98%	N/A

TWN vs CHW Drawdown Comparison

The maximum drawdown for TWN was -71.07%, occurring on Sep 20, 2001. Recovery took 2057 trading sessions.

The maximum drawdown for CHW was -66.81%, occurring on Nov 20, 2008. Recovery took 1371 trading sessions.

The current TWN drawdown is -9.29%. The current CHW drawdown is -4.70%.

Rank	TWN	CHW
#1	-71.07% Feb 8, 2000 - Apr 16, 2008	-66.81% Jul 26, 2007 - Jan 4, 2013
#2	-64.47% Apr 16, 2008 - May 8, 2014	-53.47% Feb 20, 2020 - Aug 31, 2020
#3	-51.72% Jan 3, 2022 - Feb 12, 2024	-46.07% Jul 29, 2021 - Sep 19, 2025
#4	-36.26% Jan 17, 2020 - Jul 2, 2020	-31.90% Sep 12, 2018 - Nov 4, 2019
#5	-29.83% Jan 6, 2025 - Jun 9, 2025	-29.24% Jul 24, 2014 - Feb 7, 2017
#6	-27.91% Jan 25, 2018 - Oct 17, 2019	-15.50% Feb 25, 2026 - Apr 27, 2026
#7	-27.43% May 11, 2015 - Mar 29, 2017	-11.96% Oct 13, 2020 - Nov 11, 2020
#8	-17.72% Jul 10, 2024 - Oct 22, 2024	-11.53% May 14, 2013 - Oct 22, 2013
#9	-15.08% Jul 3, 2014 - May 11, 2015	-10.79% Jan 26, 2018 - Sep 12, 2018
#10	-13.79% May 7, 2021 - Jun 1, 2021	-7.74% Oct 9, 2025 - Jan 9, 2026
#11	-12.57% Jul 14, 2021 - Nov 9, 2021	-7.11% Aug 31, 2020 - Oct 7, 2020
#12	-9.61% Mar 7, 2024 - Jun 12, 2024	-6.63% May 14, 2026 - May 27, 2026
#13	-9.29% Jun 1, 2026 - Jun 5, 2026	-6.56% Apr 12, 2021 - Jun 8, 2021
#14	-9.09% Oct 29, 2025 - Dec 9, 2025	-6.30% Aug 7, 2017 - Sep 19, 2017
#15	-9.07% May 6, 2026 - May 26, 2026	-5.93% Jan 23, 2014 - Feb 18, 2014

Correlation

Correlation between TWN and CHW is 0.84 which considered as a strong positive correlation - the stocks tend to move together.

0.84

-101

Dividend Comparison (2000 - 2026)

TWN vs CHW dividend yield comparison.

Year	TWN	CHW
2026	0.00%	2.29%
2025	11.62%	8.10%
2024	19.14%	8.89%
2023	1.26%	10.40%
2022	0.00%	13.62%
2021	7.78%	8.43%
2020	12.91%	8.79%
2019	8.26%	9.67%
2018	11.27%	12.82%
2017	3.16%	9.25%
2016	0.00%	12.05%
2015	0.00%	11.73%
2014	16.11%	8.93%
2013	0.00%	8.29%
2012	0.00%	8.91%
2011	3.87%	8.22%
2010	0.42%	7.17%
2009	0.49%	10.05%
2008	1.86%	21.28%
2007	18.04%	5.21%
2005	0.35%	0.00%
2004	0.23%	0.00%
2000	1.96%	0.00%