EMLI.L vs. STYC.L
EMLI.L (PIMCO Emerging Markets Advantage Local Bond Index UCITS ETF Dist) and STYC.L (PIMCO US Short-Term High Yield Corporate Bond Index UCITS ETF Acc) are both exchange-traded funds - EMLI.L is a Emerging Markets Bonds fund tracking the JPM GBI-EM Global Diversified TR USD, while STYC.L is a High Yield Bonds fund tracking the Bloomberg US Corporate High Yield TR USD. Both are passively managed. Over the past 10 years, EMLI.L returned 3.23%/yr vs 5.50%/yr for STYC.L. At a 0.47 correlation, their price movements are largely independent. EMLI.L charges 0.61%/yr vs 0.55%/yr for STYC.L.
Performance
EMLI.L vs. STYC.L - Performance Comparison
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Returns By Period
In the year-to-date period, EMLI.L achieves a 1.64% return, which is significantly higher than STYC.L's 1.41% return. Over the past 10 years, EMLI.L has underperformed STYC.L with an annualized return of 3.23%, while STYC.L has yielded a comparatively higher 5.50% annualized return.
EMLI.L
- 1D
- -0.27%
- 1M
- -0.41%
- YTD
- 1.64%
- 6M
- 1.64%
- 1Y
- 8.36%
- 3Y*
- 6.38%
- 5Y*
- 3.30%
- 10Y*
- 3.23%
STYC.L
- 1D
- -0.02%
- 1M
- 0.42%
- YTD
- 1.41%
- 6M
- 1.99%
- 1Y
- 7.22%
- 3Y*
- 8.74%
- 5Y*
- 5.21%
- 10Y*
- 5.50%
EMLI.L vs. STYC.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EMLI.L PIMCO Emerging Markets Advantage Local Bond Index UCITS ETF Dist | 1.64% | 16.62% | -3.24% | 13.68% | -5.61% | -5.52% | 1.92% | 13.04% | -6.89% | 12.58% |
STYC.L PIMCO US Short-Term High Yield Corporate Bond Index UCITS ETF Acc | 1.41% | 9.13% | 8.08% | 11.66% | -4.84% | 4.37% | 3.84% | 10.02% | -0.61% | 5.45% |
Correlation
The correlation between EMLI.L and STYC.L is 0.48, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.48 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.50 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.50 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.47 |
Correlation (All Time) Calculated using the full available price history since May 19, 2015 | 0.47 |
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Return for Risk
EMLI.L vs. STYC.L — Risk / Return Rank
EMLI.L
STYC.L
EMLI.L vs. STYC.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for PIMCO Emerging Markets Advantage Local Bond Index UCITS ETF Dist (EMLI.L) and PIMCO US Short-Term High Yield Corporate Bond Index UCITS ETF Acc (STYC.L). 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.
| EMLI.L | STYC.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.84 | ||
| Sortino ratioReturn per unit of downside risk | -1.32 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 1.42 | -0.18 |
| Calmar ratioReturn relative to maximum drawdown | 1.47 | 4.27 | -2.80 |
| Martin ratioReturn relative to average drawdown | 5.23 | 16.96 | -11.73 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| EMLI.L | STYC.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.29 | 2.13 | -0.84 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.33 | 0.91 | -0.58 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.34 | 0.85 | -0.51 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.23 | 0.76 | -0.53 |
Drawdowns
EMLI.L vs. STYC.L - Drawdown Comparison
The maximum EMLI.L drawdown since its inception was -25.62%, which is greater than STYC.L's maximum drawdown of -21.57%. Use the drawdown chart below to compare losses from any high point for EMLI.L and STYC.L.
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Drawdown Indicators
| EMLI.L | STYC.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -25.62% | -21.57% | -4.05% |
Max Drawdown (1Y)Largest decline over 1 year | -5.67% | -1.68% | -3.99% |
Max Drawdown (3Y)Largest decline over 3 years | -7.82% | -5.94% | -1.88% |
Max Drawdown (5Y)Largest decline over 5 years | -19.52% | -9.62% | -9.90% |
Max Drawdown (10Y)Largest decline over 10 years | -21.08% | -21.57% | +0.49% |
Current DrawdownCurrent decline from peak | -2.80% | -0.02% | -2.78% |
Average DrawdownAverage peak-to-trough decline | -7.31% | -1.67% | -5.64% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.59% | 0.42% | +1.17% |
Volatility
EMLI.L vs. STYC.L - Volatility Comparison
PIMCO Emerging Markets Advantage Local Bond Index UCITS ETF Dist (EMLI.L) has a higher volatility of 2.02% compared to PIMCO US Short-Term High Yield Corporate Bond Index UCITS ETF Acc (STYC.L) at 1.41%. This indicates that EMLI.L's price experiences larger fluctuations and is considered to be riskier than STYC.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EMLI.L | STYC.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.02% | 1.41% | +0.61% |
Volatility (6M)Calculated over the trailing 6-month period | 5.40% | 2.69% | +2.71% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.49% | 3.39% | +3.10% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 9.89% | 5.70% | +4.19% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 9.59% | 6.49% | +3.10% |
EMLI.L vs. STYC.L - Expense Ratio Comparison
EMLI.L has a 0.61% expense ratio, which is higher than STYC.L's 0.55% expense ratio.
Dividends
EMLI.L vs. STYC.L - Dividend Comparison
EMLI.L's dividend yield for the trailing twelve months is around 6.55%, while STYC.L has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EMLI.L PIMCO Emerging Markets Advantage Local Bond Index UCITS ETF Dist | 6.55% | 5.81% | 6.33% | 5.70% | 5.21% | 4.50% | 3.68% | 5.24% | 5.83% | 5.76% | 6.69% | 7.09% |
STYC.L PIMCO US Short-Term High Yield Corporate Bond Index UCITS ETF Acc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
EMLI.L and STYC.L have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, STYC.L is cheaper at 0.55% per year. The better choice depends on whether you care most about return, fees, risk, or income.
STYC.L is cheaper with a 0.55% expense ratio, compared with 0.61% for EMLI.L.
EMLI.L is categorized as Emerging Markets Bonds, while STYC.L is High Yield Bonds. EMLI.L tracks JPM GBI-EM Global Diversified TR USD, while STYC.L tracks Bloomberg US Corporate High Yield TR USD. Their fees differ too: 0.61% for EMLI.L and 0.55% for STYC.L.
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