EMLC vs. LEMB
Compare and contrast key facts about VanEck Vectors J.P. Morgan EM Local Currency Bond ETF (EMLC) and iShares J.P. Morgan EM Local Currency Bond ETF (LEMB).
EMLC and LEMB 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. LEMB is a passively managed fund by iShares that tracks the performance of the J.P. Morgan GBI-EM Global 15 cap 4.5 floor. It was launched on Oct 18, 2011. Both EMLC and LEMB are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: EMLC or LEMB.
Correlation
The correlation between EMLC and LEMB 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. LEMB - Performance Comparison
Key characteristics
EMLC:
1.03
LEMB:
1.14
EMLC:
1.56
LEMB:
1.71
EMLC:
1.19
LEMB:
1.21
EMLC:
0.38
LEMB:
0.44
EMLC:
2.18
LEMB:
2.48
EMLC:
3.74%
LEMB:
3.37%
EMLC:
7.91%
LEMB:
7.32%
EMLC:
-32.32%
LEMB:
-28.42%
EMLC:
-14.31%
LEMB:
-11.92%
Returns By Period
The year-to-date returns for both stocks are quite close, with EMLC having a 7.17% return and LEMB slightly lower at 6.84%. Over the past 10 years, EMLC has outperformed LEMB with an annualized return of 0.41%, while LEMB has yielded a comparatively lower 0.03% annualized return.
EMLC
7.17%
2.81%
3.92%
8.65%
2.75%
0.41%
LEMB
6.84%
3.07%
4.24%
8.83%
2.09%
0.03%
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EMLC vs. LEMB - Expense Ratio Comparison
Both EMLC and LEMB have an expense ratio of 0.30%.
Risk-Adjusted Performance
EMLC vs. LEMB — Risk-Adjusted Performance Rank
EMLC
LEMB
EMLC vs. LEMB - 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 iShares J.P. Morgan EM Local Currency Bond ETF (LEMB). 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. LEMB - Dividend Comparison
EMLC's dividend yield for the trailing twelve months is around 5.67%, while LEMB has not paid dividends to shareholders.
| 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% |
LEMB iShares J.P. Morgan EM Local Currency Bond ETF | 0.00% | 0.00% | 1.34% | 0.86% | 3.89% | 0.00% | 4.39% | 6.91% | 0.00% | 0.00% | 0.64% | 2.85% |
Drawdowns
EMLC vs. LEMB - Drawdown Comparison
The maximum EMLC drawdown since its inception was -32.32%, which is greater than LEMB's maximum drawdown of -28.42%. Use the drawdown chart below to compare losses from any high point for EMLC and LEMB. For additional features, visit the drawdowns tool.
Volatility
EMLC vs. LEMB - Volatility Comparison
VanEck Vectors J.P. Morgan EM Local Currency Bond ETF (EMLC) and iShares J.P. Morgan EM Local Currency Bond ETF (LEMB) have volatilities of 3.45% and 3.37%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.