EMTIX vs. EMLC
EMTIX (Transamerica Emerging Markets Debt Fund) and EMLC (VanEck J.P. Morgan EM Local Currency Bond ETF) are both Emerging Markets Bonds funds. Over the past 10 years, EMTIX returned 4.21%/yr vs 1.85%/yr for EMLC. Their 0.68 correlation means they have sometimes moved together and sometimes differently. EMTIX charges 0.85%/yr vs 0.30%/yr for EMLC.
Performance
EMTIX vs. EMLC - Performance Comparison
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Returns By Period
In the year-to-date period, EMTIX achieves a 4.59% return, which is significantly higher than EMLC's 1.78% return. Over the past 10 years, EMTIX has outperformed EMLC with an annualized return of 4.21%, while EMLC has yielded a comparatively lower 1.85% annualized return.
EMTIX
- 1D
- 0.10%
- 1M
- -0.60%
- 6M
- 2.28%
- YTD
- 4.59%
- 1Y
- 11.91%
- 3Y*
- 9.11%
- 5Y*
- 3.60%
- 10Y*
- 4.21%
- ALL TIME*
- 4.80%
EMLC
- 1D
- -0.16%
- 1M
- 0.04%
- 6M
- -0.08%
- YTD
- 1.78%
- 1Y
- 7.98%
- 3Y*
- 6.20%
- 5Y*
- 1.92%
- 10Y*
- 1.85%
- ALL TIME*
- 1.20%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $39.99M | $39.21M | $56.97M | |
| $0.00 | $0.00 | $0.00 |
EMTIX vs. EMLC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EMTIX Transamerica Emerging Markets Debt Fund | 4.59% | 14.58% | 4.69% | 13.05% | -13.33% | -4.00% | 7.14% | 13.48% | -6.71% | 12.68% |
EMLC VanEck J.P. Morgan EM Local Currency Bond ETF | 1.78% | 18.81% | -2.97% | 11.18% | -10.58% | -9.72% | 3.08% | 9.79% | -7.57% | 13.84% |
Correlation
The correlation between EMTIX and EMLC is 0.78, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.78 |
Correlation (3Y) Balances recent behavior with more history. | 0.69 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.68 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.69 |
Correlation (All Time) Calculated using the full available price history since Sep 2, 2011 | 0.68 |
The correlation between EMTIX and EMLC has been stable across timeframes, ranging from 0.68 to 0.78 - a consistent structural relationship.
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Return for Risk
EMTIX vs. EMLC — Risk / Return Rank
EMTIX
EMLC
EMTIX vs. EMLC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Transamerica Emerging Markets Debt Fund (EMTIX) and VanEck 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.
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.
| EMTIX | EMLC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.14 | ||
| Sortino ratioReturn per unit of downside risk | +1.91 | ||
| Omega ratioGain probability vs. loss probability | 1.49 | 1.24 | +0.25 |
| Calmar ratioReturn relative to maximum drawdown | 2.57 | 1.46 | +1.12 |
| Martin ratioReturn relative to average drawdown | 10.59 | 4.60 | +5.99 |
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Drawdowns
EMTIX vs. EMLC - Drawdown Comparison
The maximum EMTIX drawdown since its inception was -25.28%, smaller than the maximum EMLC drawdown of -32.43%. Use the drawdown chart below to compare losses from any high point for EMTIX and EMLC.
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Drawdown Indicators
| EMTIX | EMLC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -25.28% | -32.43% | +7.15% |
Max Drawdown (1Y)Largest decline over 1 year | -4.69% | -6.19% | +1.50% |
Max Drawdown (3Y)Largest decline over 3 years | -5.30% | -7.94% | +2.64% |
Max Drawdown (5Y)Largest decline over 5 years | -25.28% | -23.60% | -1.68% |
Max Drawdown (10Y)Largest decline over 10 years | -25.28% | -26.47% | +1.19% |
Current DrawdownCurrent decline from peak | -1.27% | -3.48% | +2.21% |
Average DrawdownAverage peak-to-trough decline | -4.85% | -14.26% | +9.41% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.14% | 1.96% | -0.82% |
Volatility
EMTIX vs. EMLC - Volatility Comparison
The current volatility for Transamerica Emerging Markets Debt Fund (EMTIX) is 1.21%, while VanEck J.P. Morgan EM Local Currency Bond ETF (EMLC) has a volatility of 1.88%. This indicates that EMTIX 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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Volatility by Period
| EMTIX | EMLC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.21% | 1.88% | -0.67% |
Volatility (6M)Calculated over the trailing 6-month period | 4.40% | 6.42% | -2.02% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.04% | 7.17% | -2.13% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.80% | 9.12% | -3.32% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.52% | 9.92% | -3.40% |
EMTIX vs. EMLC - Expense Ratio Comparison
EMTIX has a 0.85% expense ratio, which is higher than EMLC's 0.30% expense ratio.
Dividends
EMTIX vs. EMLC - Dividend Comparison
EMTIX's dividend yield for the trailing twelve months is around 5.90%, less than EMLC's 6.25% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EMLC VanEck J.P. Morgan EM Local Currency Bond ETF | 5.73% | 5.91% | 6.55% | 5.97% | 5.54% | 5.25% | 4.90% | 6.25% | 6.50% | 5.34% | 5.32% | 6.25% |
EMTIX Transamerica Emerging Markets Debt Fund | 5.90% | 5.77% | 6.98% | 5.11% | 4.16% | 4.03% | 2.02% | 4.80% | 3.27% | 5.10% | 3.48% | 4.30% |
Frequently Asked Questions
EMTIX and EMLC have a correlation of 0.78, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
EMLC has higher volatility (1.88%) compared to EMTIX (1.21%). In terms of maximum drawdown, EMTIX dropped -25.28% vs EMLC's -32.43%.
EMTIX currently has the higher Sharpe Ratio (2.40 vs 1.26), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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