CEMB vs. CLTL
Compare and contrast key facts about iShares J.P. Morgan EM Corporate Bond ETF (CEMB) and Invesco Treasury Collateral ETF (CLTL).
CEMB and CLTL are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. CEMB is a passively managed fund by iShares that tracks the performance of the JP Morgan CEMBI Broad Diversified. It was launched on Apr 17, 2012. CLTL is a passively managed fund by Invesco that tracks the performance of the U.S. Treasury Short Term Index. It was launched on Jan 12, 2017. Both CEMB and CLTL are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CEMB or CLTL.
Key characteristics
| CEMB | CLTL |
|---|
Correlation
The correlation between CEMB and CLTL is 0.07, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
CEMB vs. CLTL - Performance Comparison
The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
CEMB vs. CLTL - Expense Ratio Comparison
CEMB has a 0.50% expense ratio, which is higher than CLTL's 0.08% expense ratio.
Risk-Adjusted Performance
CEMB vs. CLTL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares J.P. Morgan EM Corporate Bond ETF (CEMB) and Invesco Treasury Collateral ETF (CLTL). 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.
Dividends
CEMB vs. CLTL - Dividend Comparison
CEMB's dividend yield for the trailing twelve months is around 5.03%, while CLTL has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CEMB iShares J.P. Morgan EM Corporate Bond ETF | 5.03% | 4.77% | 4.29% | 3.51% | 3.86% | 4.19% | 4.66% | 4.06% | 4.26% | 4.76% | 4.23% | 3.93% |
CLTL Invesco Treasury Collateral ETF | 3.75% | 4.63% | 1.37% | 0.03% | 0.80% | 2.24% | 1.69% | 0.71% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
CEMB vs. CLTL - Drawdown Comparison
Volatility
CEMB vs. CLTL - Volatility Comparison
iShares J.P. Morgan EM Corporate Bond ETF (CEMB) has a higher volatility of 1.40% compared to Invesco Treasury Collateral ETF (CLTL) at 0.00%. This indicates that CEMB's price experiences larger fluctuations and is considered to be riskier than CLTL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.