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EMLC vs. EBND
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between EMLC and EBND is 0.43, 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.


-0.50.00.51.0
Correlation: 0.4

Performance

EMLC vs. EBND - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VanEck Vectors J.P. Morgan EM Local Currency Bond ETF (EMLC) and SPDR Bloomberg Barclays Emerging Markets Local Bond ETF (EBND). The values are adjusted to include any dividend payments, if applicable.

-5.00%0.00%5.00%NovemberDecember2025FebruaryMarchApril
0.98%
7.11%
EMLC
EBND

Key characteristics

Sharpe Ratio

EMLC:

1.03

EBND:

1.09

Sortino Ratio

EMLC:

1.56

EBND:

1.69

Omega Ratio

EMLC:

1.19

EBND:

1.21

Calmar Ratio

EMLC:

0.38

EBND:

0.49

Martin Ratio

EMLC:

2.18

EBND:

2.49

Ulcer Index

EMLC:

3.74%

EBND:

3.53%

Daily Std Dev

EMLC:

7.91%

EBND:

8.07%

Max Drawdown

EMLC:

-32.32%

EBND:

-29.51%

Current Drawdown

EMLC:

-14.31%

EBND:

-10.06%

Returns By Period

The year-to-date returns for both stocks are quite close, with EMLC having a 7.17% return and EBND slightly lower at 6.87%. Over the past 10 years, EMLC has underperformed EBND with an annualized return of 0.41%, while EBND has yielded a comparatively higher 0.44% annualized return.


EMLC

YTD

7.17%

1M

2.81%

6M

3.92%

1Y

8.65%

5Y*

2.75%

10Y*

0.41%

EBND

YTD

6.87%

1M

3.26%

6M

4.37%

1Y

9.55%

5Y*

1.18%

10Y*

0.44%

*Annualized

Compare stocks, funds, or ETFs

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EMLC vs. EBND - Expense Ratio Comparison

Both EMLC and EBND have an expense ratio of 0.30%.


Expense ratio chart for EMLC: current value is 0.30%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
EMLC: 0.30%
Expense ratio chart for EBND: current value is 0.30%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
EBND: 0.30%

Risk-Adjusted Performance

EMLC vs. EBND — Risk-Adjusted Performance Rank

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

EMLC
The Risk-Adjusted Performance Rank of EMLC is 7171
Overall Rank
The Sharpe Ratio Rank of EMLC is 8080
Sharpe Ratio Rank
The Sortino Ratio Rank of EMLC is 8181
Sortino Ratio Rank
The Omega Ratio Rank of EMLC is 7878
Omega Ratio Rank
The Calmar Ratio Rank of EMLC is 5252
Calmar Ratio Rank
The Martin Ratio Rank of EMLC is 6262
Martin Ratio Rank

EBND
The Risk-Adjusted Performance Rank of EBND is 7474
Overall Rank
The Sharpe Ratio Rank of EBND is 8282
Sharpe Ratio Rank
The Sortino Ratio Rank of EBND is 8484
Sortino Ratio Rank
The Omega Ratio Rank of EBND is 8080
Omega Ratio Rank
The Calmar Ratio Rank of EBND is 6060
Calmar Ratio Rank
The Martin Ratio Rank of EBND is 6666
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

EMLC vs. EBND - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck Vectors J.P. Morgan EM Local Currency Bond ETF (EMLC) and SPDR Bloomberg Barclays Emerging Markets Local Bond ETF (EBND). 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.


The chart of Sharpe ratio for EMLC, currently valued at 1.03, compared to the broader market-1.000.001.002.003.004.00
EMLC: 1.03
EBND: 1.09
The chart of Sortino ratio for EMLC, currently valued at 1.56, compared to the broader market-2.000.002.004.006.008.00
EMLC: 1.56
EBND: 1.69
The chart of Omega ratio for EMLC, currently valued at 1.19, compared to the broader market0.501.001.502.002.50
EMLC: 1.19
EBND: 1.21
The chart of Calmar ratio for EMLC, currently valued at 0.38, compared to the broader market0.002.004.006.008.0010.0012.00
EMLC: 0.38
EBND: 0.49
The chart of Martin ratio for EMLC, currently valued at 2.18, compared to the broader market0.0020.0040.0060.00
EMLC: 2.18
EBND: 2.49

The current EMLC Sharpe Ratio is 1.03, which is comparable to the EBND Sharpe Ratio of 1.09. The chart below compares the historical Sharpe Ratios of EMLC and EBND, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.000.501.00NovemberDecember2025FebruaryMarchApril
1.03
1.09
EMLC
EBND

Dividends

EMLC vs. EBND - Dividend Comparison

EMLC's dividend yield for the trailing twelve months is around 5.67%, more than EBND's 5.54% yield.


TTM20242023202220212020201920182017201620152014
EMLC
VanEck Vectors J.P. Morgan EM Local Currency Bond ETF
5.67%6.55%5.97%5.68%5.25%4.90%6.26%6.50%5.34%5.32%6.25%5.98%
EBND
SPDR Bloomberg Barclays Emerging Markets Local Bond ETF
5.54%5.89%5.26%4.75%3.83%3.67%4.68%4.70%2.00%0.00%0.00%0.24%

Drawdowns

EMLC vs. EBND - Drawdown Comparison

The maximum EMLC drawdown since its inception was -32.32%, which is greater than EBND's maximum drawdown of -29.51%. Use the drawdown chart below to compare losses from any high point for EMLC and EBND. For additional features, visit the drawdowns tool.


-20.00%-18.00%-16.00%-14.00%-12.00%-10.00%NovemberDecember2025FebruaryMarchApril
-14.31%
-10.06%
EMLC
EBND

Volatility

EMLC vs. EBND - Volatility Comparison

The current volatility for VanEck Vectors J.P. Morgan EM Local Currency Bond ETF (EMLC) is 3.45%, while SPDR Bloomberg Barclays Emerging Markets Local Bond ETF (EBND) has a volatility of 3.82%. This indicates that EMLC experiences smaller price fluctuations and is considered to be less risky than EBND based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


1.50%2.00%2.50%3.00%3.50%4.00%NovemberDecember2025FebruaryMarchApril
3.45%
3.82%
EMLC
EBND