Correlation
The correlation between EMLIX and EMLC is 0.40, 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.
EMLIX vs. EMLC
Compare and contrast key facts about MFS Emerging Markets Debt Local Currency Fund (EMLIX) and VanEck Vectors J.P. Morgan EM Local Currency Bond ETF (EMLC).
EMLIX is managed by MFS. It was launched on Sep 14, 2011. 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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: EMLIX or EMLC.
Performance
EMLIX vs. EMLC - Performance Comparison
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Key characteristics
EMLIX:
1.43
EMLC:
1.09
EMLIX:
1.94
EMLC:
1.43
EMLIX:
1.22
EMLC:
1.17
EMLIX:
0.68
EMLC:
0.35
EMLIX:
2.23
EMLC:
2.02
EMLIX:
3.80%
EMLC:
3.67%
EMLIX:
6.68%
EMLC:
7.79%
EMLIX:
-33.42%
EMLC:
-32.32%
EMLIX:
-2.67%
EMLC:
-12.84%
Returns By Period
The year-to-date returns for both stocks are quite close, with EMLIX having a 9.23% return and EMLC slightly lower at 9.01%. Over the past 10 years, EMLIX has outperformed EMLC with an annualized return of 1.86%, while EMLC has yielded a comparatively lower 0.86% annualized return.
EMLIX
9.23%
1.08%
6.69%
9.47%
5.60%
2.53%
1.86%
EMLC
9.01%
1.38%
6.57%
8.46%
4.94%
1.19%
0.86%
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EMLIX vs. EMLC - Expense Ratio Comparison
EMLIX has a 0.85% expense ratio, which is higher than EMLC's 0.30% expense ratio.
Risk-Adjusted Performance
EMLIX vs. EMLC — Risk-Adjusted Performance Rank
EMLIX
EMLC
EMLIX vs. EMLC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for MFS Emerging Markets Debt Local Currency Fund (EMLIX) and VanEck Vectors J.P. Morgan EM Local Currency Bond ETF (EMLC). 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.
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Dividends
EMLIX vs. EMLC - Dividend Comparison
EMLIX's dividend yield for the trailing twelve months is around 5.38%, less than EMLC's 6.12% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EMLIX MFS Emerging Markets Debt Local Currency Fund | 5.38% | 5.82% | 4.57% | 4.77% | 4.47% | 4.11% | 4.67% | 5.59% | 4.47% | 4.59% | 6.32% | 6.32% |
EMLC VanEck Vectors J.P. Morgan EM Local Currency Bond ETF | 6.12% | 6.55% | 5.97% | 5.68% | 5.25% | 4.90% | 6.26% | 6.50% | 5.34% | 5.32% | 6.25% | 5.98% |
Drawdowns
EMLIX vs. EMLC - Drawdown Comparison
The maximum EMLIX drawdown since its inception was -33.42%, roughly equal to the maximum EMLC drawdown of -32.32%. Use the drawdown chart below to compare losses from any high point for EMLIX and EMLC.
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Volatility
EMLIX vs. EMLC - Volatility Comparison
The current volatility for MFS Emerging Markets Debt Local Currency Fund (EMLIX) is 1.38%, while VanEck Vectors J.P. Morgan EM Local Currency Bond ETF (EMLC) has a volatility of 1.91%. This indicates that EMLIX experiences smaller price fluctuations and is considered to be less risky than EMLC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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