- Issuer
- VanEck
- Inception Date
- Mar 20, 2018
- Category
- High Yield Bonds
- Leveraged
- 1x (No leverage)
- Index Tracked
- VanEck Emerging Markets High Yield Bond UCITS ETF
- Distribution Policy
- Accumulating
- Asset Class
- Bond
Share Price Chart
Loading charts...
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
HYGB.L Performance Chart
VanEck Emerging Markets High Yield Bond UCITS ETF (HYGB.L) is up 3.4% since the beginning of the year. HYGB.L is currently trading at £103 per share. Investors who bought £1,000 worth of HYGB.L shares 5 years ago would now be looking at an investment worth £1,172.
Loading charts...
Returns By Period
VanEck Emerging Markets High Yield Bond UCITS ETF (HYGB.L) has returned 3.41% so far this year and 7.65% over the past 12 months.
VanEck Emerging Markets High Yield Bond UCITS ETF
- 1D
- -0.56%
- 1M
- -0.50%
- 6M
- 2.88%
- YTD
- 3.41%
- 1Y
- 7.65%
- 3Y*
- 8.57%
- 5Y*
- 3.23%
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- -0.66%
- 1M
- -0.64%
- 6M
- 8.66%
- YTD
- 10.17%
- 1Y
- 19.99%
- 3Y*
- 17.60%
- 5Y*
- 12.23%
- 10Y*
- 13.06%
HYGB.L Monthly Returns History
Based on dividend-adjusted daily data since Mar 20, 2018, HYGB.L's average daily return is +0.01%, while the average monthly return is +0.10%. At this rate, an investment would double in approximately 57.8 years.
Historically, 53% of months were positive and 47% were negative. The best month was May 2020 with a return of +8.0%, while the worst month was May 2018 at -25.2%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 5 months.
On a daily basis, HYGB.L closed higher 50% of trading days. The best single day was Jun 22, 2023 with a return of +27.9%, while the worst single day was May 29, 2018 at -24.3%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -0.65% | 2.86% | -0.24% | -0.39% | 1.34% | 1.83% | -1.31% | 3.41% | |||||
| 2025 | 2.04% | -0.01% | -2.94% | -3.88% | 0.32% | -0.15% | 4.82% | -0.87% | 1.02% | 3.25% | -1.03% | -0.70% | 1.56% |
| 2024 | 0.96% | 1.73% | 1.31% | 0.34% | 0.50% | 1.90% | -0.01% | -0.72% | -0.52% | 4.36% | 1.99% | 1.20% | 13.72% |
| 2023 | 1.59% | -0.48% | -1.73% | -1.79% | -0.36% | -0.89% | 0.45% | 1.09% | 3.04% | -0.99% | -0.29% | 2.14% | 1.66% |
| 2022 | -1.76% | -5.12% | -0.33% | 2.37% | -1.95% | -1.96% | 0.75% | 4.82% | -0.97% | -4.81% | 4.98% | 2.03% | -2.52% |
| 2021 | -0.36% | -0.96% | 0.52% | 0.77% | -2.02% | 3.55% | -2.50% | 2.35% | 0.77% | -2.23% | 1.51% | -0.64% | 0.59% |
Benchmark Metrics
VanEck Emerging Markets High Yield Bond UCITS ETF has an annualized alpha of 0.99%, beta of 0.13, and R2 of 0.02 versus S&P 500 Index. Calculated based on daily prices since March 20, 2018.
- This ETF participated in 25.20% of S&P 500 Index downside but only 13.92% of its upside - more exposed to losses than it benefited from rallies.
- Beta of 0.13 may look defensive, but with R2 of 0.02 this ETF is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
- R2 of 0.02 means this ETF moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- 0.99%
- Beta
- 0.13
- R²
- 0.02
- Upside Capture
- 13.92%
- Downside Capture
- 25.20%
Expense Ratio
HYGB.L has an expense ratio of 0.40%, placing it in the medium range.
Return for Risk
Risk / Return Rank
HYGB.L ranks 43 for risk / return — on par with similar ETFs. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for VanEck Emerging Markets High Yield Bond UCITS ETF (HYGB.L) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| HYGB.L | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.50 | ||
| Sortino ratioReturn per unit of downside risk | -0.52 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 1.31 | -0.10 |
| Calmar ratioReturn relative to maximum drawdown | 2.30 | 2.50 | -0.20 |
| Martin ratioReturn relative to average drawdown | 5.91 | 9.11 | -3.20 |
Dividends
Dividend History
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.
Loading charts...
Worst Drawdowns
The table below displays the maximum drawdowns of the VanEck Emerging Markets High Yield Bond UCITS 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 Emerging Markets High Yield Bond UCITS ETF was 26.72%, occurring on Jun 18, 2018. Recovery took 1258 trading sessions.
The current VanEck Emerging Markets High Yield Bond UCITS ETF drawdown is 2.23%.
Drawdown | Fall | Recovery | Underwater | Related event |
|---|---|---|---|---|
-26.72%Jun 2018 | 2mo 10d | 5y 5d | 5y 2moApr 2018 - Jun 2023 | — |
-23.02%Jul 2023 | 14d | 2y 11mo | 2y 12moJun 2023 - Jun 2026 | — |
-2.23%Jul 2026 | 20d | — | 21dJun 2026 - now | — |
-0.45%Jun 2026 | 0s | 2d | 2dJun 2026 - Jun 2026 | — |
-0.28%Mar 2018 | 2d | 5d | 7dMar 2018 - Mar 2018 | — |
Drawdown Indicators
| HYGB.L | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -26.72% | -37.07% | +10.35% |
Max Drawdown (1Y)Largest decline over 1 year | -3.31% | -8.03% | +4.72% |
Max Drawdown (3Y)Largest decline over 3 years | -8.96% | -22.15% | +13.19% |
Max Drawdown (5Y)Largest decline over 5 years | -23.02% | -22.15% | -0.87% |
Max Drawdown (10Y)Largest decline over 10 years | — | -26.01% | — |
Current DrawdownCurrent decline from peak | -2.23% | -1.42% | -0.81% |
Average DrawdownAverage peak-to-trough decline | -14.29% | -5.29% | -9.00% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.29% | 2.20% | -0.91% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading charts...
Build a portfolio with HYGB.L
Add VanEck Emerging Markets High Yield Bond UCITS ETF to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Analyzer with HYGB.L