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VanEck Vectors Emerging Markets High Yield Bond ET...
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

ISIN

US92189F3534

CUSIP

92189F353

Issuer

VanEck

Inception Date

May 8, 2012

Region

Global (Broad)

Leveraged

1x

Index Tracked

BofA Merrill Lynch Diversified High Yield US Emerging Markets Corporate Plus Index

Asset Class

Bond

Expense Ratio

HYEM has an expense ratio of 0.40%, placing it in 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.


Performance

Performance Chart


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Returns By Period

VanEck Vectors Emerging Markets High Yield Bond ETF (HYEM) returned 2.86% year-to-date (YTD) and 9.06% over the past 12 months. Over the past 10 years, HYEM returned 3.91% annually, underperforming the S&P 500 benchmark at 10.89%.


HYEM

YTD

2.86%

1M

2.89%

6M

3.55%

1Y

9.06%

5Y*

4.80%

10Y*

3.91%

^GSPC (Benchmark)

YTD

1.30%

1M

12.79%

6M

1.49%

1Y

12.35%

5Y*

15.12%

10Y*

10.89%

*Annualized

Monthly Returns

The table below presents the monthly returns of HYEM, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20251.64%1.12%-0.77%-0.86%1.72%2.86%
20241.73%0.85%1.52%-1.06%2.65%0.34%2.17%1.58%1.74%-1.11%1.39%-0.19%12.16%
20234.45%-2.87%0.69%-0.20%-1.93%3.23%0.44%-0.92%-0.51%-1.41%4.47%2.93%8.35%
2022-2.63%-5.90%-0.96%-3.51%-1.23%-5.94%0.61%0.28%-4.34%-2.36%10.51%2.27%-13.39%
2021-0.88%1.30%-0.81%1.06%0.91%0.46%-0.91%1.04%-1.81%-1.12%-2.18%1.72%-1.30%
20201.43%-1.33%-15.17%2.93%7.98%2.21%3.46%1.49%-1.52%-0.10%3.94%3.18%6.87%
20193.93%0.50%1.02%0.76%0.24%2.80%0.46%-3.07%1.24%1.78%0.47%2.17%12.86%
20180.53%-0.92%-0.74%-0.97%-1.65%-0.72%1.36%-3.21%3.29%-0.05%-0.65%0.43%-3.37%
20171.91%1.36%0.20%1.49%0.11%-0.67%0.80%1.27%0.67%0.72%-1.09%0.93%7.94%
2016-0.81%0.90%4.86%2.15%0.78%2.31%2.39%0.95%2.06%-0.62%-1.70%1.75%15.86%
2015-1.52%3.30%1.47%4.32%2.12%-1.68%-0.73%-2.75%-1.40%2.89%0.70%-2.88%3.57%
2014-0.52%2.70%1.67%0.70%2.55%0.76%-0.70%0.27%-1.47%0.07%-2.00%-6.17%-2.42%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

With an overall rank of 90, HYEM is among the top 10% of ETFs on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.


The Risk-Adjusted Performance Rank of HYEM is 9090
Overall Rank
The Sharpe Ratio Rank of HYEM is 8787
Sharpe Ratio Rank
The Sortino Ratio Rank of HYEM is 8888
Sortino Ratio Rank
The Omega Ratio Rank of HYEM is 8989
Omega Ratio Rank
The Calmar Ratio Rank of HYEM is 9292
Calmar Ratio Rank
The Martin Ratio Rank of HYEM is 9393
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for VanEck Vectors Emerging Markets High Yield Bond ETF (HYEM) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.

VanEck Vectors Emerging Markets High Yield Bond ETF Sharpe ratios as of May 18, 2025 (values are recalculated daily):

  • 1-Year: 1.22
  • 5-Year: 0.65
  • 10-Year: 0.42
  • All Time: 0.48

These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns (including price changes and dividends).

The chart below shows the rolling Sharpe ratio of VanEck Vectors Emerging Markets High Yield Bond ETF compared to the selected benchmark. This view highlights how the investment's risk-adjusted performance has changed over time. For deeper analysis or to customize the calculation, use the Sharpe ratio tool.


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Dividends

Dividend History

VanEck Vectors Emerging Markets High Yield Bond ETF provided a 6.59% dividend yield over the last twelve months, with an annual payout of $1.29 per share.


5.50%6.00%6.50%7.00%7.50%$0.00$0.50$1.00$1.5020142015201620172018201920202021202220232024
Dividends
Dividend Yield
PeriodTTM20242023202220212020201920182017201620152014
Dividend$1.29$1.23$1.16$1.18$1.19$1.33$1.46$1.28$1.44$1.50$1.69$1.56

Dividend yield

6.59%6.34%6.27%6.47%5.33%5.56%6.14%5.71%5.86%6.25%7.64%6.77%

Monthly Dividends

The table displays the monthly dividend distributions for VanEck Vectors Emerging Markets High Yield Bond ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2025$0.00$0.11$0.10$0.12$0.11$0.44
2024$0.00$0.10$0.10$0.11$0.08$0.11$0.10$0.11$0.10$0.10$0.11$0.22$1.23
2023$0.00$0.10$0.09$0.10$0.09$0.11$0.10$0.10$0.10$0.10$0.08$0.19$1.16
2022$0.00$0.09$0.09$0.11$0.10$0.11$0.12$0.12$0.07$0.08$0.10$0.19$1.18
2021$0.00$0.08$0.10$0.11$0.11$0.11$0.07$0.10$0.10$0.10$0.10$0.21$1.19
2020$0.00$0.11$0.11$0.13$0.11$0.12$0.08$0.11$0.11$0.11$0.12$0.22$1.33
2019$0.00$0.13$0.12$0.12$0.12$0.14$0.12$0.12$0.12$0.12$0.12$0.24$1.46
2018$0.00$0.12$0.05$0.11$0.10$0.11$0.11$0.12$0.12$0.11$0.11$0.23$1.28
2017$0.00$0.11$0.11$0.13$0.12$0.12$0.13$0.12$0.12$0.12$0.12$0.24$1.44
2016$0.00$0.14$0.11$0.14$0.13$0.11$0.13$0.13$0.13$0.12$0.13$0.24$1.50
2015$0.00$0.14$0.13$0.16$0.14$0.14$0.13$0.14$0.14$0.13$0.15$0.28$1.69
2014$0.13$0.12$0.10$0.13$0.14$0.13$0.14$0.14$0.13$0.14$0.27$1.56

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.


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Worst Drawdowns

The table below displays the maximum drawdowns of the VanEck Vectors Emerging Markets High Yield 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 Emerging Markets High Yield Bond ETF was 30.96%, occurring on Mar 19, 2020. Recovery took 167 trading sessions.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-30.96%Feb 13, 202025Mar 19, 2020167Nov 13, 2020192
-26.31%Jun 25, 2021343Nov 2, 2022468Sep 16, 2024811
-14%Jul 14, 2014110Dec 16, 2014354May 13, 2016464
-9.87%May 10, 201331Jun 24, 2013194Apr 1, 2014225
-7.3%Feb 2, 2018149Sep 5, 2018104Feb 5, 2019253

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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