CBON vs. BREM
CBON (VanEck Vectors ChinaAMC China Bond ETF) and BREM (iShares Emerging Markets Bond Active ETF) are both Emerging Markets Bonds funds. CBON is passively managed, while BREM is actively managed. At a 0.33 correlation, their price movements are largely independent. Both charge a 0.50% expense ratio.
Performance
CBON vs. BREM - Performance Comparison
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Returns By Period
In the year-to-date period, CBON achieves a 4.99% return, which is significantly higher than BREM's 3.77% return.
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
- 1D
- -0.20%
- 1M
- 1.52%
- YTD
- 3.77%
- 6M
- 3.87%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
CBON vs. BREM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
CBON VanEck Vectors ChinaAMC China Bond ETF | 4.99% | 2.54% |
BREM iShares Emerging Markets Bond Active ETF | 3.77% | 2.80% |
Correlation
The correlation between CBON and BREM 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 |
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Return for Risk
CBON vs. BREM — Risk / Return Rank
CBON
BREM
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
CBON vs. BREM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Vectors ChinaAMC China Bond ETF (CBON) and iShares Emerging Markets Bond Active ETF (BREM). 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.
| CBON | BREM | 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 | — | — |
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Drawdowns
CBON vs. BREM - Drawdown Comparison
The maximum CBON drawdown since its inception was -14.13%, which is greater than BREM's maximum drawdown of -4.54%. Use the drawdown chart below to compare losses from any high point for CBON and BREM.
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Drawdown Indicators
| CBON | BREM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -14.13% | -4.54% | -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 | -0.46% | -0.58% | +0.12% |
Average DrawdownAverage peak-to-trough decline | -3.97% | -0.63% | -3.34% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.36% | — | — |
Volatility
CBON vs. BREM - Volatility Comparison
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Volatility by Period
| CBON | BREM | 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 | 3.44% | 5.61% | -2.17% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.92% | 5.61% | -0.69% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.56% | 5.61% | -0.05% |
CBON vs. BREM - Expense Ratio Comparison
Both CBON and BREM have an expense ratio of 0.50%.
Dividends
CBON vs. BREM - Dividend Comparison
CBON's dividend yield for the trailing twelve months is around 1.53%, less than BREM's 3.89% 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
CBON and BREM 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.
CBON and BREM 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: VanEck and BlackRock.
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