EMCB vs. NEMD
EMCB (WisdomTree Emerging Markets Corporate Bond Fund) and NEMD (Neuberger Berman Emerging Markets Debt Hard Currency ETF) are both Emerging Markets Bonds funds. Both are actively managed. At a 0.46 correlation, their price movements are largely independent. Both charge a 0.60% expense ratio.
Performance
EMCB vs. NEMD - Performance Comparison
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Returns By Period
In the year-to-date period, EMCB achieves a 2.12% return, which is significantly lower than NEMD's 3.64% return.
EMCB
- 1D
- -0.17%
- 1M
- 1.01%
- YTD
- 2.12%
- 6M
- 1.71%
- 1Y
- 6.40%
- 3Y*
- 7.72%
- 5Y*
- 2.13%
- 10Y*
- 4.25%
NEMD
- 1D
- 0.13%
- 1M
- 1.16%
- YTD
- 3.64%
- 6M
- 3.74%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
EMCB vs. NEMD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
EMCB WisdomTree Emerging Markets Corporate Bond Fund | 2.12% | 2.24% |
NEMD Neuberger Berman Emerging Markets Debt Hard Currency ETF | 3.64% | 7.10% |
Correlation
The correlation between EMCB and NEMD is 0.46, 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 | 0.46 |
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Return for Risk
EMCB vs. NEMD — Risk / Return Rank
EMCB
NEMD
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
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.
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 | NEMD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.33 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 2.10 | — | — |
| Martin ratioReturn relative to average drawdown | 7.40 | — | — |
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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.
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Drawdown Indicators
| EMCB | NEMD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.81% | -4.43% | -18.38% |
Max Drawdown (1Y)Largest decline over 1 year | -3.07% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -4.20% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -21.50% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -22.81% | — | — |
Current DrawdownCurrent decline from peak | -0.55% | -1.18% | +0.63% |
Average DrawdownAverage peak-to-trough decline | -4.22% | -0.56% | -3.66% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.87% | — | — |
Volatility
EMCB vs. NEMD - Volatility Comparison
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Volatility by Period
| EMCB | NEMD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.47% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 3.06% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 3.79% | 6.63% | -2.84% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.93% | 6.63% | +0.30% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8.46% | 6.63% | +1.83% |
EMCB vs. NEMD - Expense Ratio Comparison
Both EMCB and NEMD have an expense ratio of 0.60%.
Dividends
EMCB vs. NEMD - Dividend Comparison
EMCB's dividend yield for the trailing twelve months is around 5.35%, more than NEMD's 4.73% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EMCB WisdomTree Emerging Markets Corporate Bond Fund | 5.35% | 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 | 4.73% | 2.39% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
EMCB and NEMD have a correlation of 0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.60% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
EMCB and NEMD have the same expense ratio: 0.60% per year.
EMCB has the higher dividend yield at 5.35%, compared with 4.73% for NEMD.
They also come from different issuers: WisdomTree and Neuberger Berman.
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