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

Correlation

The correlation between EMLC and EMCB is 0.22, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


Performance

EMLC vs. EMCB - 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 WisdomTree Emerging Markets Corporate Bond Fund (EMCB). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

EMLC:

0.73

EMCB:

0.74

Sortino Ratio

EMLC:

1.27

EMCB:

1.16

Omega Ratio

EMLC:

1.15

EMCB:

1.15

Calmar Ratio

EMLC:

0.31

EMCB:

1.24

Martin Ratio

EMLC:

1.73

EMCB:

6.08

Ulcer Index

EMLC:

3.74%

EMCB:

1.16%

Daily Std Dev

EMLC:

7.79%

EMCB:

9.35%

Max Drawdown

EMLC:

-32.32%

EMCB:

-22.81%

Current Drawdown

EMLC:

-13.90%

EMCB:

-0.64%

Returns By Period

In the year-to-date period, EMLC achieves a 7.69% return, which is significantly higher than EMCB's 2.37% return. Over the past 10 years, EMLC has underperformed EMCB with an annualized return of 0.53%, while EMCB has yielded a comparatively higher 3.26% annualized return.


EMLC

YTD

7.69%

1M

1.52%

6M

6.30%

1Y

5.45%

5Y*

1.81%

10Y*

0.53%

EMCB

YTD

2.37%

1M

1.78%

6M

2.30%

1Y

6.58%

5Y*

3.63%

10Y*

3.26%

*Annualized

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EMLC vs. EMCB - Expense Ratio Comparison

EMLC has a 0.30% expense ratio, which is lower than EMCB's 0.60% expense ratio.


Risk-Adjusted Performance

EMLC vs. EMCB — 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 5858
Overall Rank
The Sharpe Ratio Rank of EMLC is 6969
Sharpe Ratio Rank
The Sortino Ratio Rank of EMLC is 7373
Sortino Ratio Rank
The Omega Ratio Rank of EMLC is 6464
Omega Ratio Rank
The Calmar Ratio Rank of EMLC is 3636
Calmar Ratio Rank
The Martin Ratio Rank of EMLC is 4949
Martin Ratio Rank

EMCB
The Risk-Adjusted Performance Rank of EMCB is 7575
Overall Rank
The Sharpe Ratio Rank of EMCB is 7070
Sharpe Ratio Rank
The Sortino Ratio Rank of EMCB is 6767
Sortino Ratio Rank
The Omega Ratio Rank of EMCB is 6464
Omega Ratio Rank
The Calmar Ratio Rank of EMCB is 8585
Calmar Ratio Rank
The Martin Ratio Rank of EMCB is 8787
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. EMCB - 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 WisdomTree Emerging Markets Corporate Bond Fund (EMCB). 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 current EMLC Sharpe Ratio is 0.73, which is comparable to the EMCB Sharpe Ratio of 0.74. The chart below compares the historical Sharpe Ratios of EMLC and EMCB, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

EMLC vs. EMCB - Dividend Comparison

EMLC's dividend yield for the trailing twelve months is around 6.19%, more than EMCB's 5.58% yield.


TTM20242023202220212020201920182017201620152014
EMLC
VanEck Vectors J.P. Morgan EM Local Currency Bond ETF
6.19%6.55%5.97%5.68%5.25%4.90%6.26%6.50%5.34%5.32%6.25%5.98%
EMCB
WisdomTree Emerging Markets Corporate Bond Fund
5.58%5.29%5.09%4.04%3.43%3.85%4.17%4.20%4.04%4.08%5.09%5.26%

Drawdowns

EMLC vs. EMCB - Drawdown Comparison

The maximum EMLC drawdown since its inception was -32.32%, which is greater than EMCB's maximum drawdown of -22.81%. Use the drawdown chart below to compare losses from any high point for EMLC and EMCB. For additional features, visit the drawdowns tool.


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Volatility

EMLC vs. EMCB - Volatility Comparison

The current volatility for VanEck Vectors J.P. Morgan EM Local Currency Bond ETF (EMLC) is 1.67%, while WisdomTree Emerging Markets Corporate Bond Fund (EMCB) has a volatility of 5.67%. This indicates that EMLC experiences smaller price fluctuations and is considered to be less risky than EMCB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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