EDGH vs. NEMD

Last updated Jun 26, 2026

EDGH (3EDGE Dynamic Hard Assets ETF) and NEMD (Neuberger Berman Emerging Markets Debt Hard Currency ETF) are both exchange-traded funds - EDGH is a Commodities fund actively managed by 3EDGE Asset Management, while NEMD is a Emerging Markets Bonds fund actively managed by Neuberger Berman. Both are actively managed. At a 0.11 correlation, their price movements are largely independent. EDGH charges 1.01%/yr vs 0.60%/yr for NEMD.

Performance

EDGH vs. NEMD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in 3EDGE Dynamic Hard Assets ETF (EDGH) and Neuberger Berman Emerging Markets Debt Hard Currency ETF (NEMD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, EDGH achieves a 4.74% return, which is significantly higher than NEMD's 4.30% return.

EDGH

• 1D: 1.27%
• 1M: -7.50%
• YTD: 4.74%
• 6M: 2.75%
• 1Y: 22.42%
• 3Y*: —
• 5Y*: —
• 10Y*: —

NEMD

• 1D: 0.11%
• 1M: 1.33%
• YTD: 4.30%
• 6M: 4.06%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

EDGH vs. NEMD - Yearly Performance Comparison

	2026 (YTD)	2025
EDGH 3EDGE Dynamic Hard Assets ETF	4.74%	15.44%
NEMD Neuberger Berman Emerging Markets Debt Hard Currency ETF	4.30%	7.10%

Correlation

The correlation between EDGH and NEMD is 0.11, 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 Aug 11, 2025	0.11

Return for Risk

EDGH vs. NEMD — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

EDGH

EDGH Risk / Return Rank: 39
EDGH Sharpe Ratio Rank: 38
EDGH Sortino Ratio Rank: 32
EDGH Omega Ratio Rank: 43
EDGH Calmar Ratio Rank: 40
EDGH Martin Ratio Rank: 40

NEMD

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

EDGH vs. NEMD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for 3EDGE Dynamic Hard Assets ETF (EDGH) and Neuberger Berman Emerging Markets Debt Hard Currency ETF (NEMD). 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.

	EDGH	NEMD	Difference
Sharpe ratio: Return per unit of total volatility	1.24	—	—
Sortino ratio: Return per unit of downside risk	1.59	—	—
Omega ratio: Gain probability vs. loss probability	1.26	—	—
Calmar ratio: Return relative to maximum drawdown	1.81	—	—
Martin ratio: Return relative to average drawdown	5.80	—	—

Drawdowns

EDGH vs. NEMD - Drawdown Comparison

The maximum EDGH drawdown since its inception was -12.47%, which is greater than NEMD's maximum drawdown of -4.43%. Use the drawdown chart below to compare losses from any high point for EDGH and NEMD.

Drawdown Indicators

	EDGH	NEMD	Difference
Max Drawdown Largest peak-to-trough decline	-12.47%	-4.43%	-8.04%
Max Drawdown (1Y) Largest decline over 1 year	-12.47%	—	—
Current Drawdown Current decline from peak	-11.36%	-0.56%	-10.80%
Average Drawdown Average peak-to-trough decline	-2.28%	-0.56%	-1.72%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.88%	—	—

Volatility

Volatility by Period

	EDGH	NEMD	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.09%	—	—
Volatility (6M) Calculated over the trailing 6-month period	15.20%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	18.11%	6.62%	+11.49%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.65%	6.62%	+9.03%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.65%	6.62%	+9.03%

EDGH vs. NEMD - Expense Ratio Comparison

EDGH has a 1.01% expense ratio, which is higher than NEMD's 0.60% expense ratio.

Dividends

EDGH vs. NEMD - Dividend Comparison

EDGH's dividend yield for the trailing twelve months is around 1.12%, less than NEMD's 5.22% yield.

Position	TTM	2025	2024
EDGH 3EDGE Dynamic Hard Assets ETF	1.12%	1.18%	3.19%
NEMD Neuberger Berman Emerging Markets Debt Hard Currency ETF	5.22%	2.39%	0.00%

Frequently Asked Questions

Can I hold both EDGH and NEMD in my portfolio?

EDGH and NEMD have a correlation of 0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, EDGH or NEMD?

On fees, NEMD is cheaper at 0.60% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, EDGH or NEMD?

NEMD is cheaper with a 0.60% expense ratio, compared with 1.01% for EDGH.

Which ETF pays a higher dividend yield, EDGH or NEMD?

NEMD has the higher dividend yield at 5.22%, compared with 1.12% for EDGH.

What is the main difference between EDGH and NEMD?

EDGH is categorized as Commodities, while NEMD is Emerging Markets Bonds. They also come from different issuers: 3EDGE Asset Management and Neuberger Berman. Their fees differ too: 1.01% for EDGH and 0.60% for NEMD.