VanEck Vectors J.P. Morgan EM Local Currency Bond ETF (EMLC)
EMLC is a passive ETF by VanEck tracking the investment results of the J.P. Morgan Government Bond Index Emerging Markets Global Core Index. EMLC launched on Jul 22, 2010 and has a 0.30% expense ratio.
ETF Info
| ISIN | US92189H3003 |
|---|---|
| CUSIP | 92189H300 |
| Issuer | VanEck |
| Inception Date | Jul 22, 2010 |
| Region | Emerging Markets (Broad) |
| Category | Emerging Markets Bonds |
| Leveraged | 1x |
| Index Tracked | J.P. Morgan Government Bond Index Emerging Markets Global Core Index |
| Home Page | www.vaneck.com |
| Asset Class | Bond |
Expense Ratio
EMLC features an expense ratio of 0.30%, falling within the medium range.
Share Price Chart
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Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: EMLC vs. EBND, EMLC vs. EMB, EMLC vs. CMF, EMLC vs. HYEM, EMLC vs. VWOB, EMLC vs. EMHY, EMLC vs. EMCB, EMLC vs. VOO, EMLC vs. HYG, EMLC vs. VTIP
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in VanEck Vectors J.P. Morgan EM Local Currency Bond ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
VanEck Vectors J.P. Morgan EM Local Currency Bond ETF had a return of -1.77% year-to-date (YTD) and 1.59% in the last 12 months. Over the past 10 years, VanEck Vectors J.P. Morgan EM Local Currency Bond ETF had an annualized return of -0.76%, while the S&P 500 had an annualized return of 11.39%, indicating that VanEck Vectors J.P. Morgan EM Local Currency Bond ETF did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | -1.77% | 25.48% |
| 1 month | -3.53% | 2.14% |
| 6 months | -0.64% | 12.76% |
| 1 year | 1.59% | 33.14% |
| 5 years (annualized) | -1.30% | 13.96% |
| 10 years (annualized) | -0.76% | 11.39% |
Monthly Returns
The table below presents the monthly returns of EMLC, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -1.50% | -0.22% | -0.66% | -2.24% | 2.28% | -1.43% | 2.32% | 2.87% | 3.10% | -4.46% | -1.77% | ||
| 2023 | 4.29% | -2.86% | 3.82% | 0.55% | -0.56% | 2.77% | 1.84% | -2.46% | -4.49% | -0.19% | 5.58% | 2.88% | 11.18% |
| 2022 | 0.35% | -4.88% | -0.30% | -5.55% | 1.38% | -4.16% | -0.08% | -0.53% | -4.88% | -0.10% | 7.53% | 0.93% | -10.46% |
| 2021 | -1.86% | -2.47% | -2.92% | 2.25% | 2.44% | -1.13% | -0.46% | 0.60% | -3.46% | -1.36% | -2.78% | 1.21% | -9.71% |
| 2020 | -1.26% | -3.00% | -11.76% | 2.43% | 6.72% | 0.14% | 3.23% | 0.23% | -1.71% | 0.03% | 5.69% | 3.63% | 3.08% |
| 2019 | 5.36% | -1.32% | -1.80% | 0.37% | -0.36% | 5.76% | 0.20% | -4.21% | 0.68% | 3.43% | -2.40% | 4.22% | 9.79% |
| 2018 | 3.74% | -0.73% | 1.17% | -3.52% | -5.39% | -3.43% | 2.89% | -6.74% | 2.41% | -1.50% | 2.70% | 1.25% | -7.55% |
| 2017 | 2.16% | 1.56% | 2.24% | 1.30% | 1.57% | 0.53% | 2.25% | 1.39% | -0.65% | -2.78% | 1.58% | 1.98% | 13.83% |
| 2016 | -0.12% | 1.69% | 8.67% | 2.33% | -5.25% | 6.11% | 0.70% | -0.60% | 2.20% | -1.25% | -7.32% | 2.54% | 9.00% |
| 2015 | 0.05% | -1.77% | -2.43% | 2.55% | -2.36% | -1.67% | -2.57% | -4.68% | -3.13% | 4.03% | -1.65% | -2.26% | -15.07% |
| 2014 | -4.37% | 2.99% | 2.51% | 1.35% | 2.16% | 1.04% | -0.74% | 0.36% | -4.52% | 0.93% | -1.36% | -5.06% | -5.05% |
| 2013 | 0.29% | -0.33% | -0.77% | 2.75% | -6.05% | -6.00% | 1.20% | -3.95% | 4.33% | 2.33% | -3.29% | -0.30% | -9.94% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of EMLC is 12, indicating that it is in the bottom 12% of ETFs on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for VanEck Vectors J.P. Morgan EM Local Currency Bond ETF (EMLC) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
VanEck Vectors J.P. Morgan EM Local Currency Bond ETF provided a 6.38% dividend yield over the last twelve months, with an annual payout of $1.51 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.51 | $1.51 | $1.38 | $1.50 | $1.63 | $2.13 | $2.15 | $2.03 | $1.87 | $2.13 | $2.53 | $2.44 |
Dividend yield | 6.38% | 5.96% | 5.68% | 5.25% | 4.90% | 6.26% | 6.50% | 5.34% | 5.31% | 6.26% | 5.98% | 5.18% |
Monthly Dividends
The table displays the monthly dividend distributions for VanEck Vectors J.P. Morgan EM Local Currency Bond ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.13 | $0.12 | $0.25 | $0.00 | $0.13 | $0.12 | $0.13 | $0.13 | $0.12 | $0.13 | $1.26 | |
| 2023 | $0.00 | $0.12 | $0.11 | $0.25 | $0.00 | $0.13 | $0.13 | $0.14 | $0.14 | $0.13 | $0.13 | $0.25 | $1.51 |
| 2022 | $0.00 | $0.13 | $0.11 | $0.20 | $0.00 | $0.11 | $0.12 | $0.12 | $0.12 | $0.12 | $0.12 | $0.23 | $1.38 |
| 2021 | $0.00 | $0.13 | $0.12 | $0.26 | $0.00 | $0.13 | $0.13 | $0.13 | $0.13 | $0.12 | $0.13 | $0.24 | $1.50 |
| 2020 | $0.00 | $0.17 | $0.15 | $0.27 | $0.00 | $0.13 | $0.15 | $0.15 | $0.13 | $0.11 | $0.13 | $0.25 | $1.63 |
| 2019 | $0.00 | $0.18 | $0.16 | $0.37 | $0.00 | $0.19 | $0.17 | $0.18 | $0.19 | $0.19 | $0.18 | $0.32 | $2.13 |
| 2018 | $0.00 | $0.17 | $0.17 | $0.37 | $0.00 | $0.19 | $0.18 | $0.19 | $0.17 | $0.17 | $0.18 | $0.36 | $2.15 |
| 2017 | $0.00 | $0.16 | $0.15 | $0.16 | $0.16 | $0.18 | $0.17 | $0.17 | $0.17 | $0.18 | $0.18 | $0.34 | $2.03 |
| 2016 | $0.00 | $0.17 | $0.15 | $0.14 | $0.18 | $0.17 | $0.14 | $0.13 | $0.16 | $0.14 | $0.16 | $0.31 | $1.87 |
| 2015 | $0.00 | $0.17 | $0.20 | $0.18 | $0.19 | $0.18 | $0.18 | $0.17 | $0.18 | $0.17 | $0.17 | $0.33 | $2.13 |
| 2014 | $0.00 | $0.22 | $0.20 | $0.45 | $0.00 | $0.22 | $0.22 | $0.21 | $0.22 | $0.20 | $0.20 | $0.39 | $2.53 |
| 2013 | $0.18 | $0.19 | $0.38 | $0.00 | $0.22 | $0.20 | $0.19 | $0.19 | $0.21 | $0.22 | $0.44 | $2.44 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the VanEck Vectors J.P. Morgan EM Local Currency Bond ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the VanEck Vectors J.P. Morgan EM Local Currency Bond ETF was 32.31%, occurring on Oct 24, 2022. The portfolio has not yet recovered.
The current VanEck Vectors J.P. Morgan EM Local Currency Bond ETF drawdown is 19.06%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -32.31% | May 9, 2013 | 2383 | Oct 24, 2022 | — | — | — |
| -13.75% | Sep 1, 2011 | 23 | Oct 4, 2011 | 236 | Sep 11, 2012 | 259 |
| -6.74% | Nov 5, 2010 | 16 | Nov 29, 2010 | 99 | Apr 20, 2011 | 115 |
| -3.86% | Aug 4, 2011 | 4 | Aug 9, 2011 | 16 | Aug 31, 2011 | 20 |
| -3.06% | May 3, 2011 | 10 | May 16, 2011 | 33 | Jul 1, 2011 | 43 |
Volatility
Volatility Chart
The current VanEck Vectors J.P. Morgan EM Local Currency Bond ETF volatility is 2.90%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.