abrdn Emerging Markets ex-China Fund (AEF) vs CION Investment (CION)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
abrdn Emerging Markets ex-China Fund (AEF) has outperformed CION Investment (CION) over the past year, gaining 45.5% versus a loss of 26.1%. Over five years, AEF leads with a +12.1% price change compared with -42.7% for CION. abrdn Emerging Markets ex-China Fund is the larger company by market cap ($384.5 million vs $339.0 million), about 1.1 times the size.
On valuation, abrdn Emerging Markets ex-China Fund trades at a lower trailing P/E (2.0x vs 98.4x for CION Investment). CION Investment offers the higher dividend yield (19.16% vs 8.34%).
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | AEF | CION |
|---|---|---|
| Share price | $9.47 | $6.89 |
| Market cap | $384.50M | $339.01M |
| 1-day change | -1.87% | -0.86% |
| YTD return | +35.29% | -28.75% |
| 1-year return | +45.47% | -26.07% |
| 5-year return | +12.07% | -42.68% |
| P/E ratio (TTM) | 2.00 | 98.43 |
| Forward P/E | — | 6.02 |
| EPS (TTM) | $4.74 | $0.07 |
| Dividend yield | 8.34% | 19.16% |
| Annual dividend | $0.79 | $1.32 |
| 52-week high | $10.14 | $10.40 |
| 52-week low | $6.26 | $5.83 |
| Distance from 52-week high | -6.61% | -33.75% |
| Analyst consensus | — | none |
| Avg. price target upside | — | +27.00% |
| Average volume | 101.15K | 451.34K |
| Shares outstanding | 40.60M | 49.20M |
| Sector | Finance | Finance |
| Industry | Finance/Investors Services | Finance/Investors Services |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- AEF has outperformed CION by 71.5 percentage points over the past year.
- CION Investment trades at a higher earnings multiple (98.4x vs 2.0x trailing P/E).
- CION Investment offers a meaningfully higher dividend yield (19.16% vs 8.34%).
About abrdn Emerging Markets ex-China Fund
AEF stock →abrdn Emerging Markets ex-China Fund, Inc. is a closed ended equity mutual fund and managed by Aberdeen Asset Managers Limited.
Finance · Finance/Investors Services
About CION Investment
CION stock →CION Investment Corporation is a business development company. It specializes in investments in senior secured loans, including unitranche loans, First Lien, second lien loans, long-term subordinated loans, and mezzanine loans; equity interests such as warrants or options; and corporate bonds; and other debt securities in middle-market companies.
Finance · Finance/Investors Services
AEF vs CION FAQ
Which is bigger, abrdn Emerging Markets ex-China Fund or CION Investment?
abrdn Emerging Markets ex-China Fund (AEF) is larger, with a market capitalization of $384.50M compared with $339.01M for CION Investment (CION).
Which stock has performed better over the past year, AEF or CION?
AEF returned +45.47% over the past 12 months, compared with -26.07% for CION (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, AEF or CION?
AEF has the lower trailing P/E at 2.0, versus 98.4 for CION. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, abrdn Emerging Markets ex-China Fund or CION Investment?
CION Investment has the higher yield at 19.16%, compared with 8.34% for abrdn Emerging Markets ex-China Fund.
Are abrdn Emerging Markets ex-China Fund and CION Investment in the same industry?
Yes. Both are classified in the Finance/Investors Services industry within the Finance sector.