EMLC vs. EMBD
Compare and contrast key facts about VanEck Vectors J.P. Morgan EM Local Currency Bond ETF (EMLC) and Global X Emerging Markets Bond ETF (EMBD).
EMLC and EMBD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EMLC is a passively managed fund by VanEck that tracks the performance of the J.P. Morgan Government Bond Index Emerging Markets Global Core Index. It was launched on Jul 22, 2010. EMBD is an actively managed fund by Global X. It was launched on Jun 1, 2020.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: EMLC or EMBD.
Correlation
The correlation between EMLC and EMBD is 0.42, 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.
Performance
EMLC vs. EMBD - Performance Comparison
Key characteristics
EMLC:
1.03
EMBD:
1.18
EMLC:
1.56
EMBD:
1.68
EMLC:
1.19
EMBD:
1.21
EMLC:
0.38
EMBD:
1.20
EMLC:
2.18
EMBD:
6.32
EMLC:
3.74%
EMBD:
1.33%
EMLC:
7.91%
EMBD:
7.06%
EMLC:
-32.32%
EMBD:
-24.27%
EMLC:
-14.31%
EMBD:
-0.54%
Returns By Period
In the year-to-date period, EMLC achieves a 7.17% return, which is significantly higher than EMBD's 2.64% return.
EMLC
7.17%
2.86%
3.92%
8.42%
2.62%
0.39%
EMBD
2.64%
0.81%
2.66%
8.73%
N/A
N/A
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EMLC vs. EMBD - Expense Ratio Comparison
EMLC has a 0.30% expense ratio, which is lower than EMBD's 0.39% expense ratio.
Risk-Adjusted Performance
EMLC vs. EMBD — Risk-Adjusted Performance Rank
EMLC
EMBD
EMLC vs. EMBD - 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 Global X Emerging Markets Bond ETF (EMBD). 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
EMLC vs. EMBD - Dividend Comparison
EMLC's dividend yield for the trailing twelve months is around 5.67%, less than EMBD's 5.89% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
EMBD Global X Emerging Markets Bond ETF | 5.89% | 5.83% | 5.29% | 4.53% | 4.99% | 3.33% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
EMLC vs. EMBD - Drawdown Comparison
The maximum EMLC drawdown since its inception was -32.32%, which is greater than EMBD's maximum drawdown of -24.27%. Use the drawdown chart below to compare losses from any high point for EMLC and EMBD. For additional features, visit the drawdowns tool.
Volatility
EMLC vs. EMBD - Volatility Comparison
VanEck Vectors J.P. Morgan EM Local Currency Bond ETF (EMLC) has a higher volatility of 3.45% compared to Global X Emerging Markets Bond ETF (EMBD) at 3.25%. This indicates that EMLC's price experiences larger fluctuations and is considered to be riskier than EMBD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.