BREM vs. CBON
BREM (iShares Emerging Markets Bond Active ETF) and CBON (VanEck Vectors ChinaAMC China Bond ETF) are both Emerging Markets Bonds funds. BREM is actively managed, while CBON is passively managed. At a 0.33 correlation, their price movements are largely independent. Both charge a 0.50% expense ratio.
Performance
BREM vs. CBON - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, BREM achieves a 3.77% return, which is significantly lower than CBON's 4.99% return.
BREM
- 1D
- -0.20%
- 1M
- 1.52%
- YTD
- 3.77%
- 6M
- 3.87%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
CBON
- 1D
- -0.03%
- 1M
- 0.28%
- YTD
- 4.99%
- 6M
- 5.50%
- 1Y
- 8.46%
- 3Y*
- 5.19%
- 5Y*
- 2.17%
- 10Y*
- 2.99%
BREM vs. CBON - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
BREM iShares Emerging Markets Bond Active ETF | 3.77% | 2.80% |
CBON VanEck Vectors ChinaAMC China Bond ETF | 4.99% | 2.54% |
Correlation
The correlation between BREM and CBON is 0.33, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Oct 16, 2025 | 0.33 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
BREM vs. CBON — Risk / Return Rank
BREM
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
CBON
BREM vs. CBON - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Emerging Markets Bond Active ETF (BREM) and VanEck Vectors ChinaAMC China Bond ETF (CBON). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
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.
| BREM | CBON | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.49 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 6.34 | — |
| Martin ratioReturn relative to average drawdown | — | 23.59 | — |
Loading charts...
Drawdowns
BREM vs. CBON - Drawdown Comparison
The maximum BREM drawdown since its inception was -4.54%, smaller than the maximum CBON drawdown of -14.13%. Use the drawdown chart below to compare losses from any high point for BREM and CBON.
Loading charts...
Drawdown Indicators
| BREM | CBON | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -4.54% | -14.13% | +9.59% |
Max Drawdown (1Y)Largest decline over 1 year | — | -1.34% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -4.56% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -14.13% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -14.13% | — |
Current DrawdownCurrent decline from peak | -0.58% | -0.46% | -0.12% |
Average DrawdownAverage peak-to-trough decline | -0.63% | -3.97% | +3.34% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 0.36% | — |
Volatility
BREM vs. CBON - Volatility Comparison
Loading charts...
Volatility by Period
| BREM | CBON | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 0.64% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 2.61% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 5.61% | 3.44% | +2.17% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.61% | 4.92% | +0.69% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.61% | 5.56% | +0.05% |
BREM vs. CBON - Expense Ratio Comparison
Both BREM and CBON have an expense ratio of 0.50%.
Dividends
BREM vs. CBON - Dividend Comparison
BREM's dividend yield for the trailing twelve months is around 3.89%, more than CBON's 1.53% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BREM iShares Emerging Markets Bond Active ETF | 3.89% | 1.19% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
CBON VanEck Vectors ChinaAMC China Bond ETF | 1.53% | 1.66% | 2.15% | 3.01% | 2.70% | 3.05% | 2.87% | 3.87% | 3.39% | 3.33% | 3.25% | 2.78% |
Frequently Asked Questions
BREM and CBON have a correlation of 0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.50% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
BREM and CBON have the same expense ratio: 0.50% per year.
BREM has the higher dividend yield at 3.89%, compared with 1.53% for CBON.
They also come from different issuers: BlackRock and VanEck.
Find the right allocation for BREM and CBON
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer