EMCL.NEO vs. HYLD

Last updated Jun 4, 2026

EMCL.NEO (Global X Enhanced MSCI Emerging Markets Covered Call ETF) and HYLD (High Yield ETF) are both exchange-traded funds - EMCL.NEO is a Derivative Income fund actively managed by Global X, while HYLD is a High Yield Bonds fund actively managed by Eve Capital. Both are actively managed.

Performance

EMCL.NEO vs. HYLD - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Global X Enhanced MSCI Emerging Markets Covered Call ETF (EMCL.NEO) and High Yield ETF (HYLD). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

EMCL.NEO is traded in CAD, while HYLD is traded in USD. To make them comparable, the HYLD values have been converted to CAD using the latest available exchange rates.

Returns By Period

EMCL.NEO

• 1D: -0.68%
• 1M: 11.93%
• YTD: 27.22%
• 6M: 27.94%
• 1Y: 56.02%
• 3Y*: —
• 5Y*: —
• 10Y*: —

HYLD

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

EMCL.NEO vs. HYLD - Yearly Performance Comparison

	2026 (YTD)	2025	2024
EMCL.NEO Global X Enhanced MSCI Emerging Markets Covered Call ETF	27.22%	23.04%	7.65%
HYLD High Yield ETF	0.00%	0.00%	0.00%

EMCL.NEO vs. HYLD - Sectors Allocation Comparison

Sectors	EMCL.NEO	HYLD
Technology	36.1%	34.8%
Financial Services	20.8%	0.5%
Basic Materials	8.0%	0.0%
Industrials	7.6%	3.4%
Consumer Cyclical	7.4%	9.6%
Communication Services	7.3%	10.8%
Energy	4.0%	29.9%
Consumer Defensive	3.0%	4.7%
Healthcare	2.6%	5.0%
Utilities	2.0%	1.1%
Real Estate	1.2%	0.2%

Return for Risk

EMCL.NEO vs. HYLD — Risk / Return Rank

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

EMCL.NEO

EMCL.NEO Risk / Return Rank: 86
EMCL.NEO Sharpe Ratio Rank: 90
EMCL.NEO Sortino Ratio Rank: 84
EMCL.NEO Omega Ratio Rank: 93
EMCL.NEO Calmar Ratio Rank: 82
EMCL.NEO Martin Ratio Rank: 81

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.

EMCL.NEO vs. HYLD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Enhanced MSCI Emerging Markets Covered Call ETF (EMCL.NEO) and High Yield ETF (HYLD). 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.

	EMCL.NEO	HYLD	Difference
Sharpe ratio: Return per unit of total volatility	3.04	—	—
Sortino ratio: Return per unit of downside risk	3.77	—	—
Omega ratio: Gain probability vs. loss probability	1.65	—	—
Calmar ratio: Return relative to maximum drawdown	4.29	—	—
Martin ratio: Return relative to average drawdown	15.90	—	—
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

	EMCL.NEO	HYLD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.04	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.57	—	—

Drawdowns

Drawdown Indicators

	EMCL.NEO	HYLD	Difference
Max Drawdown Largest peak-to-trough decline	-19.19%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-13.12%	—	—
Current Drawdown Current decline from peak	-0.68%	—	—
Average Drawdown Average peak-to-trough decline	-2.47%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	3.53%	—	—

Volatility

Volatility by Period

	EMCL.NEO	HYLD	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.86%	—	—
Volatility (6M) Calculated over the trailing 6-month period	16.41%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	18.54%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.00%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.00%	—	—

Dividends

EMCL.NEO vs. HYLD - Dividend Comparison

EMCL.NEO's dividend yield for the trailing twelve months is around 10.17%, while HYLD has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EMCL.NEO Global X Enhanced MSCI Emerging Markets Covered Call ETF	10.17%	11.76%	7.24%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
HYLD High Yield ETF	0.00%	0.00%	0.00%	4.67%	7.86%	6.45%	7.52%	7.46%	7.97%	7.18%	6.59%	10.87%

Frequently Asked Questions

What is the main difference between EMCL.NEO and HYLD?

EMCL.NEO is categorized as Derivative Income, while HYLD is High Yield Bonds. They also come from different issuers: Global X and Eve Capital.