EMCB vs. ENFR
EMCB (WisdomTree Emerging Markets Corporate Bond Fund) and ENFR (Alerian Energy Infrastructure ETF) are both exchange-traded funds - EMCB is a Emerging Markets Bonds fund actively managed by WisdomTree, while ENFR is a Energy Equities fund tracking the Alerian Midstream Energy Select Index. EMCB is actively managed, while ENFR is passively managed. Over the past 10 years, EMCB returned 4.26%/yr vs 11.81%/yr for ENFR. At a 0.13 correlation, their price movements are largely independent. EMCB charges 0.60%/yr vs 0.35%/yr for ENFR.
Performance
EMCB vs. ENFR - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, EMCB achieves a 2.29% return, which is significantly lower than ENFR's 23.07% return. Over the past 10 years, EMCB has underperformed ENFR with an annualized return of 4.26%, while ENFR has yielded a comparatively higher 11.81% annualized return.
EMCB
- 1D
- -0.13%
- 1M
- 1.18%
- YTD
- 2.29%
- 6M
- 2.12%
- 1Y
- 6.91%
- 3Y*
- 7.78%
- 5Y*
- 2.18%
- 10Y*
- 4.26%
ENFR
- 1D
- 1.01%
- 1M
- -5.94%
- YTD
- 23.07%
- 6M
- 24.76%
- 1Y
- 24.84%
- 3Y*
- 28.26%
- 5Y*
- 19.69%
- 10Y*
- 11.81%
EMCB vs. ENFR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EMCB WisdomTree Emerging Markets Corporate Bond Fund | 2.29% | 8.19% | 7.11% | 8.76% | -12.98% | -0.62% | 8.60% | 13.43% | -3.07% | 9.47% |
ENFR Alerian Energy Infrastructure ETF | 23.07% | 5.88% | 42.17% | 15.63% | 17.48% | 39.97% | -24.14% | 21.60% | -18.67% | -0.19% |
Correlation
The correlation between EMCB and ENFR is -0.12, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.12 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.07 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.13 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.13 |
Correlation (All Time) Calculated using the full available price history since Nov 1, 2013 | 0.13 |
The correlation between EMCB and ENFR shifts across timeframes, from -0.12 (1 year) to 0.13 (all time), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
EMCB vs. ENFR — Risk / Return Rank
EMCB
ENFR
EMCB vs. ENFR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Emerging Markets Corporate Bond Fund (EMCB) and Alerian Energy Infrastructure ETF (ENFR). 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.
| EMCB | ENFR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.15 | ||
| Sortino ratioReturn per unit of downside risk | +0.43 | ||
| Omega ratioGain probability vs. loss probability | 1.35 | 1.29 | +0.06 |
| Calmar ratioReturn relative to maximum drawdown | 2.26 | 2.89 | -0.62 |
| Martin ratioReturn relative to average drawdown | 7.98 | 7.40 | +0.58 |
Loading charts...
Drawdowns
EMCB vs. ENFR - Drawdown Comparison
The maximum EMCB drawdown since its inception was -22.81%, smaller than the maximum ENFR drawdown of -68.28%. Use the drawdown chart below to compare losses from any high point for EMCB and ENFR.
Loading charts...
Drawdown Indicators
| EMCB | ENFR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.81% | -68.28% | +45.47% |
Max Drawdown (1Y)Largest decline over 1 year | -3.07% | -8.64% | +5.57% |
Max Drawdown (3Y)Largest decline over 3 years | -4.20% | -15.58% | +11.38% |
Max Drawdown (5Y)Largest decline over 5 years | -21.50% | -20.29% | -1.21% |
Max Drawdown (10Y)Largest decline over 10 years | -22.81% | -62.64% | +39.83% |
Current DrawdownCurrent decline from peak | -0.39% | -6.12% | +5.73% |
Average DrawdownAverage peak-to-trough decline | -4.22% | -15.94% | +11.72% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.87% | 3.36% | -2.49% |
Volatility
EMCB vs. ENFR - Volatility Comparison
The current volatility for WisdomTree Emerging Markets Corporate Bond Fund (EMCB) is 1.47%, while Alerian Energy Infrastructure ETF (ENFR) has a volatility of 5.42%. This indicates that EMCB experiences smaller price fluctuations and is considered to be less risky than ENFR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| EMCB | ENFR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.47% | 5.42% | -3.95% |
Volatility (6M)Calculated over the trailing 6-month period | 3.05% | 11.57% | -8.52% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.79% | 14.82% | -11.03% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.93% | 19.24% | -12.31% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8.48% | 24.68% | -16.20% |
EMCB vs. ENFR - Expense Ratio Comparison
EMCB has a 0.60% expense ratio, which is higher than ENFR's 0.35% expense ratio.
Dividends
EMCB vs. ENFR - Dividend Comparison
EMCB's dividend yield for the trailing twelve months is around 5.34%, more than ENFR's 4.08% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EMCB WisdomTree Emerging Markets Corporate Bond Fund | 5.34% | 5.47% | 5.29% | 5.09% | 4.04% | 3.43% | 3.85% | 4.17% | 4.20% | 4.04% | 4.08% | 5.09% |
ENFR Alerian Energy Infrastructure ETF | 4.08% | 4.77% | 4.41% | 5.48% | 5.23% | 7.86% | 7.57% | 5.81% | 3.98% | 2.98% | 3.31% | 3.34% |
Frequently Asked Questions
EMCB and ENFR have a correlation of -0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ENFR has higher volatility (5.42%) compared to EMCB (1.47%). In terms of maximum drawdown, EMCB dropped -22.81% vs ENFR's -68.28%.
On 10-year performance, ENFR leads with 11.81% vs 4.26% for EMCB. On fees, ENFR is cheaper at 0.35% per year. On volatility, EMCB has been the lower-risk option at 1.47%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 10-year period, ENFR has performed better with a 11.81% return vs 4.26%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
ENFR is cheaper with a 0.35% expense ratio, compared with 0.60% for EMCB.
EMCB has the higher dividend yield at 5.34%, compared with 4.08% for ENFR.
EMCB is categorized as Emerging Markets Bonds, while ENFR is Energy Equities. They also come from different issuers: WisdomTree and SS&C. Their fees differ too: 0.60% for EMCB and 0.35% for ENFR.
EMCB currently has the higher Sharpe Ratio (1.83 vs 1.69), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for EMCB and ENFR
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer