EMQQ vs. HYLD

Last updated Jun 24, 2026

EMQQ (EMQQ The Emerging Markets Internet ETF) and HYLD (High Yield ETF) are both exchange-traded funds - EMQQ is a Emerging Markets Equities fund tracking the EMQQ The Emerging Markets Internet Index, while HYLD is a High Yield Bonds fund actively managed by Exchange Traded Concepts. EMQQ is passively managed, while HYLD is actively managed. At a 0.24 correlation, their price movements are largely independent. EMQQ charges 0.86%/yr vs 1.29%/yr for HYLD.

Performance

EMQQ vs. HYLD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in EMQQ The Emerging Markets Internet ETF (EMQQ) and High Yield ETF (HYLD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

EMQQ

• 1D: -2.14%
• 1M: -5.28%
• YTD: -24.03%
• 6M: -23.90%
• 1Y: -21.65%
• 3Y*: 3.56%
• 5Y*: -12.41%
• 10Y*: 4.32%

HYLD

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

EMQQ vs. HYLD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
EMQQ EMQQ The Emerging Markets Internet ETF	-24.03%	20.66%	13.79%	4.48%	-30.70%	-32.53%	80.45%	33.86%	-29.82%	68.20%
HYLD High Yield ETF	0.00%	0.00%	0.00%	2.80%	-11.48%	5.41%	3.11%	7.16%	0.25%	8.97%

Correlation

The correlation between EMQQ and HYLD is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (3Y) Calculated over the trailing 3-year period	0.08
Correlation (5Y) Calculated over the trailing 5-year period	0.23
Correlation (10Y) Calculated over the trailing 10-year period	0.22
Correlation (All Time) Calculated using the full available price history since Nov 13, 2014	0.24

The correlation between EMQQ and HYLD shifts across timeframes, from 0.08 (3 years) to 0.24 (all time), reflecting how their relationship changes across market environments.

Return for Risk

EMQQ vs. HYLD — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

EMQQ

EMQQ Risk / Return Rank: 2
EMQQ Sharpe Ratio Rank: 1
EMQQ Sortino Ratio Rank: 1
EMQQ Omega Ratio Rank: 2
EMQQ Calmar Ratio Rank: 3
EMQQ Martin Ratio Rank: 2

HYLD

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

EMQQ vs. HYLD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for EMQQ The Emerging Markets Internet ETF (EMQQ) and High Yield ETF (HYLD). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	EMQQ	HYLD	Difference
Sharpe ratio: Return per unit of total volatility	-1.05	—	—
Sortino ratio: Return per unit of downside risk	-1.47	—	—
Omega ratio: Gain probability vs. loss probability	0.84	—	—
Calmar ratio: Return relative to maximum drawdown	-0.67	—	—
Martin ratio: Return relative to average drawdown	-1.31	—	—

Drawdowns

Drawdown Indicators

	EMQQ	HYLD	Difference
Max Drawdown Largest peak-to-trough decline	-73.24%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-32.55%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-32.55%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-66.31%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-73.24%	—	—
Current Drawdown Current decline from peak	-59.98%	—	—
Average Drawdown Average peak-to-trough decline	-31.47%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	16.56%	—	—

Volatility

Volatility by Period

	EMQQ	HYLD	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.99%	—	—
Volatility (6M) Calculated over the trailing 6-month period	16.76%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	20.77%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	33.14%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	30.61%	—	—

EMQQ vs. HYLD - Expense Ratio Comparison

EMQQ has a 0.86% expense ratio, which is lower than HYLD's 1.29% expense ratio.

Dividends

EMQQ vs. HYLD - Dividend Comparison

EMQQ's dividend yield for the trailing twelve months is around 4.07%, while HYLD has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EMQQ EMQQ The Emerging Markets Internet ETF	4.07%	3.09%	1.70%	0.79%	0.00%	0.00%	0.18%	1.29%	0.00%	0.94%	0.75%	0.08%
HYLD High Yield ETF	0.00%	0.00%	0.00%	4.67%	7.86%	6.45%	7.52%	7.46%	7.97%	7.18%	6.59%	10.87%

Frequently Asked Questions

Can I hold both EMQQ and HYLD in my portfolio?

EMQQ and HYLD have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, EMQQ or HYLD?

On fees, EMQQ is cheaper at 0.86% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, EMQQ or HYLD?

EMQQ is cheaper with a 0.86% expense ratio, compared with 1.29% for HYLD.

Which ETF pays a higher dividend yield, EMQQ or HYLD?

EMQQ has the higher dividend yield at 4.07%, compared with 0.00% for HYLD.

What is the main difference between EMQQ and HYLD?

EMQQ is categorized as Emerging Markets Equities, while HYLD is High Yield Bonds. Their fees differ too: 0.86% for EMQQ and 1.29% for HYLD.