EMCB vs. DXJ
Compare and contrast key facts about WisdomTree Emerging Markets Corporate Bond Fund (EMCB) and WisdomTree Japan Hedged Equity Fund (DXJ).
EMCB and DXJ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EMCB is an actively managed fund by WisdomTree. It was launched on Mar 8, 2012. DXJ is a passively managed fund by WisdomTree that tracks the performance of the WisdomTree Japan Hedged Equity Index. It was launched on Jun 16, 2006.
Performance
EMCB vs. DXJ - Performance Comparison
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EMCB vs. DXJ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EMCB WisdomTree Emerging Markets Corporate Bond Fund | -0.18% | 8.19% | 7.11% | 8.76% | -12.98% | -0.62% | 8.60% | 13.43% | -3.07% | 9.47% |
DXJ WisdomTree Japan Hedged Equity Fund | 10.00% | 32.78% | 29.83% | 42.04% | 5.96% | 17.99% | 3.94% | 18.94% | -19.78% | 22.81% |
Returns By Period
In the year-to-date period, EMCB achieves a -0.18% return, which is significantly lower than DXJ's 10.00% return. Over the past 10 years, EMCB has underperformed DXJ with an annualized return of 4.24%, while DXJ has yielded a comparatively higher 17.25% annualized return.
EMCB
- 1D
- 0.28%
- 1M
- -2.79%
- YTD
- -0.18%
- 6M
- 0.49%
- 1Y
- 5.71%
- 3Y*
- 7.32%
- 5Y*
- 2.02%
- 10Y*
- 4.24%
DXJ
- 1D
- 2.59%
- 1M
- -6.49%
- YTD
- 10.00%
- 6M
- 24.19%
- 1Y
- 46.21%
- 3Y*
- 34.37%
- 5Y*
- 24.33%
- 10Y*
- 17.25%
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EMCB vs. DXJ - Expense Ratio Comparison
EMCB has a 0.60% expense ratio, which is higher than DXJ's 0.48% expense ratio.
Return for Risk
EMCB vs. DXJ — Risk / Return Rank
EMCB
DXJ
EMCB vs. DXJ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Emerging Markets Corporate Bond Fund (EMCB) and WisdomTree Japan Hedged Equity Fund (DXJ). 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.
| EMCB | DXJ | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.77 | 2.04 | -1.27 |
Sortino ratioReturn per unit of downside risk | 1.14 | 2.67 | -1.53 |
Omega ratioGain probability vs. loss probability | 1.19 | 1.41 | -0.22 |
Calmar ratioReturn relative to maximum drawdown | 1.97 | 3.46 | -1.48 |
Martin ratioReturn relative to average drawdown | 8.13 | 13.69 | -5.56 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| EMCB | DXJ | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.77 | 2.04 | -1.27 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.29 | 1.29 | -1.01 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.50 | 0.84 | -0.34 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.45 | 0.41 | +0.04 |
Correlation
The correlation between EMCB and DXJ is 0.13, 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.
Dividends
EMCB vs. DXJ - Dividend Comparison
EMCB's dividend yield for the trailing twelve months is around 5.46%, more than DXJ's 1.18% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EMCB WisdomTree Emerging Markets Corporate Bond Fund | 5.46% | 5.47% | 5.29% | 5.09% | 4.04% | 3.43% | 3.85% | 4.17% | 4.20% | 4.04% | 4.08% | 5.09% |
DXJ WisdomTree Japan Hedged Equity Fund | 1.18% | 1.29% | 3.48% | 3.44% | 3.02% | 2.64% | 2.53% | 2.47% | 2.92% | 2.30% | 1.98% | 5.95% |
Drawdowns
EMCB vs. DXJ - Drawdown Comparison
The maximum EMCB drawdown since its inception was -22.81%, smaller than the maximum DXJ drawdown of -49.63%. Use the drawdown chart below to compare losses from any high point for EMCB and DXJ.
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Drawdown Indicators
| EMCB | DXJ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.81% | -49.63% | +26.82% |
Max Drawdown (1Y)Largest decline over 1 year | -3.43% | -12.65% | +9.22% |
Max Drawdown (5Y)Largest decline over 5 years | -21.50% | -22.19% | +0.69% |
Max Drawdown (10Y)Largest decline over 10 years | -22.81% | -39.14% | +16.33% |
Current DrawdownCurrent decline from peak | -2.79% | -6.79% | +4.00% |
Average DrawdownAverage peak-to-trough decline | -4.27% | -14.44% | +10.17% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.83% | 3.31% | -2.48% |
Volatility
EMCB vs. DXJ - Volatility Comparison
The current volatility for WisdomTree Emerging Markets Corporate Bond Fund (EMCB) is 1.20%, while WisdomTree Japan Hedged Equity Fund (DXJ) has a volatility of 7.80%. This indicates that EMCB experiences smaller price fluctuations and is considered to be less risky than DXJ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EMCB | DXJ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.20% | 7.80% | -6.60% |
Volatility (6M)Calculated over the trailing 6-month period | 2.49% | 13.70% | -11.21% |
Volatility (1Y)Calculated over the trailing 1-year period | 7.54% | 22.77% | -15.23% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.02% | 18.91% | -11.89% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8.52% | 20.50% | -11.98% |