EMCB vs. NEMD

Last updated Apr 1, 2026

Compare and contrast key facts about WisdomTree Emerging Markets Corporate Bond Fund (EMCB) and Neuberger Berman Emerging Markets Debt Hard Currency ETF (NEMD).

EMCB and NEMD 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. NEMD is an actively managed fund by Neuberger Berman. It was launched on Sep 27, 2013.

Performance

EMCB vs. NEMD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree Emerging Markets Corporate Bond Fund (EMCB) and Neuberger Berman Emerging Markets Debt Hard Currency ETF (NEMD). The values are adjusted to include any dividend payments, if applicable.

EMCB vs. NEMD - Yearly Performance Comparison

	2026 (YTD)	2025
EMCB WisdomTree Emerging Markets Corporate Bond Fund	-0.18%	2.17%
NEMD Neuberger Berman Emerging Markets Debt Hard Currency ETF	-0.36%	7.07%

Returns By Period

In the year-to-date period, EMCB achieves a -0.18% return, which is significantly higher than NEMD's -0.36% 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%

NEMD

• 1D: 1.13%
• 1M: -3.18%
• YTD: -0.36%
• 6M: 3.76%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

EMCB vs. NEMD - Expense Ratio Comparison

Both EMCB and NEMD have an expense ratio of 0.60%.

EMCB

WisdomTree Emerging Markets Corporate Bond Fund

NEMD

Neuberger Berman Emerging Markets Debt Hard Currency ETF

Return for Risk

EMCB vs. NEMD — Risk / Return Rank

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

EMCB

EMCB Risk / Return Rank: 58
EMCB Sharpe Ratio Rank: 43
EMCB Sortino Ratio Rank: 42
EMCB Omega Ratio Rank: 53
EMCB Calmar Ratio Rank: 76
EMCB Martin Ratio Rank: 77

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.

EMCB vs. NEMD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree Emerging Markets Corporate Bond Fund (EMCB) 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.

	EMCB	NEMD	Difference
Sharpe ratio Return per unit of total volatility	0.77	—	—
Sortino ratio Return per unit of downside risk	1.14	—	—
Omega ratio Gain probability vs. loss probability	1.19	—	—
Calmar ratio Return relative to maximum drawdown	1.97	—	—
Martin ratio Return relative to average drawdown	8.13	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	EMCB	NEMD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.77	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.29	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.50	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.45	1.71	-1.26

Correlation

The correlation between EMCB and NEMD is 0.41, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

EMCB vs. NEMD - Dividend Comparison

EMCB's dividend yield for the trailing twelve months is around 5.46%, more than NEMD's 3.88% 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%
NEMD Neuberger Berman Emerging Markets Debt Hard Currency ETF	3.88%	2.39%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

EMCB vs. NEMD - Drawdown Comparison

The maximum EMCB drawdown since its inception was -22.81%, which is greater than NEMD's maximum drawdown of -4.43%. Use the drawdown chart below to compare losses from any high point for EMCB and NEMD.

Drawdown Indicators

	EMCB	NEMD	Difference
Max Drawdown Largest peak-to-trough decline	-22.81%	-4.43%	-18.38%
Max Drawdown (1Y) Largest decline over 1 year	-3.43%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-21.50%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-22.81%	—	—
Current Drawdown Current decline from peak	-2.79%	-3.35%	+0.56%
Average Drawdown Average peak-to-trough decline	-4.27%	-0.49%	-3.78%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.83%	—	—

Volatility

Volatility by Period

	EMCB	NEMD	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.20%	—	—
Volatility (6M) Calculated over the trailing 6-month period	2.49%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	7.54%	6.30%	+1.24%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	7.02%	6.30%	+0.72%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	8.52%	6.30%	+2.22%