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CEMB vs. HYEM
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between CEMB and HYEM is 0.36, 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.


-0.50.00.51.00.4

Performance

CEMB vs. HYEM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares J.P. Morgan EM Corporate Bond ETF (CEMB) and VanEck Vectors Emerging Markets High Yield Bond ETF (HYEM). The values are adjusted to include any dividend payments, if applicable.

-1.00%0.00%1.00%2.00%3.00%4.00%5.00%6.00%JulyAugustSeptemberOctoberNovemberDecember
3.00%
5.39%
CEMB
HYEM

Key characteristics

Sharpe Ratio

CEMB:

1.68

HYEM:

2.35

Sortino Ratio

CEMB:

2.41

HYEM:

3.45

Omega Ratio

CEMB:

1.31

HYEM:

1.47

Calmar Ratio

CEMB:

0.83

HYEM:

1.34

Martin Ratio

CEMB:

8.53

HYEM:

26.00

Ulcer Index

CEMB:

0.76%

HYEM:

0.50%

Daily Std Dev

CEMB:

3.86%

HYEM:

5.55%

Max Drawdown

CEMB:

-20.84%

HYEM:

-30.96%

Current Drawdown

CEMB:

-1.61%

HYEM:

-0.25%

Returns By Period

In the year-to-date period, CEMB achieves a 6.13% return, which is significantly lower than HYEM's 12.79% return. Over the past 10 years, CEMB has underperformed HYEM with an annualized return of 3.50%, while HYEM has yielded a comparatively higher 4.74% annualized return.


CEMB

YTD

6.13%

1M

-0.11%

6M

3.00%

1Y

6.49%

5Y*

1.29%

10Y*

3.50%

HYEM

YTD

12.79%

1M

1.19%

6M

5.39%

1Y

13.07%

5Y*

2.23%

10Y*

4.74%

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. HYEM - Expense Ratio Comparison

CEMB has a 0.50% expense ratio, which is higher than HYEM's 0.40% expense ratio.


CEMB
iShares J.P. Morgan EM Corporate Bond ETF
Expense ratio chart for CEMB: current value at 0.50% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.50%
Expense ratio chart for HYEM: current value at 0.40% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.40%

Risk-Adjusted Performance

CEMB vs. HYEM - 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 VanEck Vectors Emerging Markets High Yield Bond ETF (HYEM). 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.


Sharpe ratio
The chart of Sharpe ratio for CEMB, currently valued at 1.68, compared to the broader market0.002.004.001.682.35
The chart of Sortino ratio for CEMB, currently valued at 2.41, compared to the broader market-2.000.002.004.006.008.0010.002.413.45
The chart of Omega ratio for CEMB, currently valued at 1.31, compared to the broader market0.501.001.502.002.503.001.311.47
The chart of Calmar ratio for CEMB, currently valued at 0.83, compared to the broader market0.005.0010.0015.000.831.34
The chart of Martin ratio for CEMB, currently valued at 8.53, compared to the broader market0.0020.0040.0060.0080.00100.008.5326.00
CEMB
HYEM

The current CEMB Sharpe Ratio is 1.68, which is comparable to the HYEM Sharpe Ratio of 2.35. The chart below compares the historical Sharpe Ratios of CEMB and HYEM, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio1.502.002.503.003.50JulyAugustSeptemberOctoberNovemberDecember
1.68
2.35
CEMB
HYEM

Dividends

CEMB vs. HYEM - Dividend Comparison

CEMB's dividend yield for the trailing twelve months is around 5.10%, less than HYEM's 6.20% yield.


TTM20232022202120202019201820172016201520142013
CEMB
iShares J.P. Morgan EM Corporate Bond ETF
5.10%4.77%4.28%3.51%3.86%4.19%4.66%4.06%4.25%4.76%4.23%3.93%
HYEM
VanEck Vectors Emerging Markets High Yield Bond ETF
6.20%6.28%6.47%5.34%5.56%6.15%5.71%5.87%6.25%7.64%6.77%6.14%

Drawdowns

CEMB vs. HYEM - Drawdown Comparison

The maximum CEMB drawdown since its inception was -20.84%, smaller than the maximum HYEM drawdown of -30.96%. Use the drawdown chart below to compare losses from any high point for CEMB and HYEM. For additional features, visit the drawdowns tool.


-5.00%-4.00%-3.00%-2.00%-1.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-1.61%
-0.25%
CEMB
HYEM

Volatility

CEMB vs. HYEM - Volatility Comparison

The current volatility for iShares J.P. Morgan EM Corporate Bond ETF (CEMB) is 1.27%, while VanEck Vectors Emerging Markets High Yield Bond ETF (HYEM) has a volatility of 2.00%. This indicates that CEMB experiences smaller price fluctuations and is considered to be less risky than HYEM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


1.00%1.50%2.00%JulyAugustSeptemberOctoberNovemberDecember
1.27%
2.00%
CEMB
HYEM
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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