EMHC vs. VEGBX
Compare and contrast key facts about SPDR Bloomberg Emerging Markets USD Bond ETF (EMHC) and Vanguard Emerging Markets Bond Fund Admiral Shares (VEGBX).
EMHC is a passively managed fund by SPDR that tracks the performance of the Bloomberg Emerging USD Bond Core Index - Benchmark TR Net. It was launched on Apr 6, 2021. VEGBX is managed by Vanguard. It was launched on Dec 6, 2017.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: EMHC or VEGBX.
Key characteristics
| EMHC | VEGBX | |
|---|---|---|
| YTD Return | 4.25% | 7.64% |
| 1Y Return | 11.85% | 15.56% |
| 3Y Return (Ann) | -1.90% | 1.37% |
| Sharpe Ratio | 1.84 | 3.13 |
| Sortino Ratio | 2.74 | 4.92 |
| Omega Ratio | 1.33 | 1.63 |
| Calmar Ratio | 0.76 | 1.42 |
| Martin Ratio | 9.37 | 18.57 |
| Ulcer Index | 1.48% | 0.91% |
| Daily Std Dev | 7.54% | 5.41% |
| Max Drawdown | -28.03% | -25.52% |
| Current Drawdown | -8.14% | -1.60% |
Correlation
The correlation between EMHC and VEGBX is 0.80, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
EMHC vs. VEGBX - Performance Comparison
In the year-to-date period, EMHC achieves a 4.25% return, which is significantly lower than VEGBX's 7.64% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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EMHC vs. VEGBX - Expense Ratio Comparison
EMHC has a 0.23% expense ratio, which is lower than VEGBX's 0.40% expense ratio.
Risk-Adjusted Performance
EMHC vs. VEGBX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR Bloomberg Emerging Markets USD Bond ETF (EMHC) and Vanguard Emerging Markets Bond Fund Admiral Shares (VEGBX). 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.
Dividends
EMHC vs. VEGBX - Dividend Comparison
EMHC's dividend yield for the trailing twelve months is around 5.66%, less than VEGBX's 7.02% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|
EMHC SPDR Bloomberg Emerging Markets USD Bond ETF | 5.66% | 5.12% | 5.10% | 2.97% | 0.00% | 0.00% | 0.00% | 0.00% |
VEGBX Vanguard Emerging Markets Bond Fund Admiral Shares | 7.02% | 7.21% | 5.62% | 3.67% | 3.40% | 4.55% | 5.01% | 0.39% |
Drawdowns
EMHC vs. VEGBX - Drawdown Comparison
The maximum EMHC drawdown since its inception was -28.03%, which is greater than VEGBX's maximum drawdown of -25.52%. Use the drawdown chart below to compare losses from any high point for EMHC and VEGBX. For additional features, visit the drawdowns tool.
Volatility
EMHC vs. VEGBX - Volatility Comparison
SPDR Bloomberg Emerging Markets USD Bond ETF (EMHC) has a higher volatility of 1.99% compared to Vanguard Emerging Markets Bond Fund Admiral Shares (VEGBX) at 1.65%. This indicates that EMHC's price experiences larger fluctuations and is considered to be riskier than VEGBX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.