EMCB vs. VEMBX
EMCB (WisdomTree Emerging Markets Corporate Bond Fund) and VEMBX (Vanguard Emerging Markets Bond Fund Investor Shares) are both Emerging Markets Bonds funds. Over the past 5 years, EMCB returned 2.13%/yr vs 4.30%/yr for VEMBX. At a 0.37 correlation, their price movements are largely independent. EMCB charges 0.60%/yr vs 0.55%/yr for VEMBX.
Performance
EMCB vs. VEMBX - 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 VEMBX's 3.26% 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%
VEMBX
- 1D
- -0.19%
- 1M
- 1.73%
- YTD
- 3.26%
- 6M
- 3.46%
- 1Y
- 12.76%
- 3Y*
- 11.19%
- 5Y*
- 4.30%
- 10Y*
- —
EMCB vs. VEMBX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EMCB WisdomTree Emerging Markets Corporate Bond Fund | 2.12% | 8.19% | 7.11% | 8.76% | -12.98% | -0.62% | 8.60% | 13.43% | -3.07% | 9.47% |
VEMBX Vanguard Emerging Markets Bond Fund Investor Shares | 3.26% | 14.32% | 7.38% | 13.66% | -13.18% | -1.53% | 14.99% | 17.72% | -0.89% | 13.12% |
Correlation
The correlation between EMCB and VEMBX is 0.36, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.36 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.35 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.46 |
Correlation (All Time) Calculated using the full available price history since Jan 3, 2017 | 0.37 |
The correlation between EMCB and VEMBX shifts across timeframes, from 0.35 (3 years) to 0.46 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
EMCB vs. VEMBX — Risk / Return Rank
EMCB
VEMBX
EMCB vs. VEMBX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Emerging Markets Corporate Bond Fund (EMCB) and Vanguard Emerging Markets Bond Fund Investor Shares (VEMBX). 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 | VEMBX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.29 | ||
| Sortino ratioReturn per unit of downside risk | -2.30 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 1.61 | -0.29 |
| Calmar ratioReturn relative to maximum drawdown | 2.10 | 3.46 | -1.37 |
| Martin ratioReturn relative to average drawdown | 7.40 | 15.27 | -7.87 |
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Drawdowns
EMCB vs. VEMBX - Drawdown Comparison
The maximum EMCB drawdown since its inception was -22.81%, smaller than the maximum VEMBX drawdown of -24.36%. Use the drawdown chart below to compare losses from any high point for EMCB and VEMBX.
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Drawdown Indicators
| EMCB | VEMBX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.81% | -24.36% | +1.55% |
Max Drawdown (1Y)Largest decline over 1 year | -3.07% | -3.77% | +0.70% |
Max Drawdown (3Y)Largest decline over 3 years | -4.20% | -5.56% | +1.36% |
Max Drawdown (5Y)Largest decline over 5 years | -21.50% | -24.36% | +2.86% |
Max Drawdown (10Y)Largest decline over 10 years | -22.81% | — | — |
Current DrawdownCurrent decline from peak | -0.55% | -0.28% | -0.27% |
Average DrawdownAverage peak-to-trough decline | -4.22% | -3.85% | -0.37% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.87% | 0.85% | +0.02% |
Volatility
EMCB vs. VEMBX - Volatility Comparison
WisdomTree Emerging Markets Corporate Bond Fund (EMCB) has a higher volatility of 1.47% compared to Vanguard Emerging Markets Bond Fund Investor Shares (VEMBX) at 1.11%. This indicates that EMCB's price experiences larger fluctuations and is considered to be riskier than VEMBX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EMCB | VEMBX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.47% | 1.11% | +0.36% |
Volatility (6M)Calculated over the trailing 6-month period | 3.06% | 3.64% | -0.58% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.79% | 4.37% | -0.58% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.93% | 6.36% | +0.57% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8.46% | 6.35% | +2.11% |
EMCB vs. VEMBX - Expense Ratio Comparison
EMCB has a 0.60% expense ratio, which is higher than VEMBX's 0.55% expense ratio.
Dividends
EMCB vs. VEMBX - Dividend Comparison
EMCB's dividend yield for the trailing twelve months is around 5.35%, less than VEMBX's 5.98% 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% |
VEMBX Vanguard Emerging Markets Bond Fund Investor Shares | 5.98% | 6.20% | 6.86% | 7.06% | 5.43% | 5.00% | 4.50% | 6.27% | 4.81% | 6.50% | 0.00% | 0.00% |
Frequently Asked Questions
EMCB and VEMBX have a correlation of 0.36, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
EMCB has higher volatility (1.47%) compared to VEMBX (1.11%). In terms of maximum drawdown, EMCB dropped -22.81% vs VEMBX's -24.36%.
VEMBX currently has the higher Sharpe Ratio (2.99 vs 1.70), 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.
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