HY3M.DE vs. IUS7.DE
HY3M.DE (VanEck Emerging Markets High Yield Bond UCITS ETF) and IUS7.DE (iShares J.P. Morgan USD Emerging Markets Bond UCITS ETF (Dist)) are both Emerging Markets Bonds funds - HY3M.DE tracks the ICE BofAML Diversified High Yield US Emerging Markets Corporate Plus Index while IUS7.DE tracks the JP Morgan EMBI Global Core. Both are passively managed. Over the past 5 years, HY3M.DE returned 3.45%/yr vs 2.40%/yr for IUS7.DE. A 0.56 correlation means they provide meaningful diversification when combined. HY3M.DE charges 0.40%/yr vs 0.45%/yr for IUS7.DE.
Performance
HY3M.DE vs. IUS7.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, HY3M.DE achieves a 6.76% return, which is significantly higher than IUS7.DE's 4.57% return.
HY3M.DE
- 1D
- 0.18%
- 1M
- 0.99%
- 6M
- 4.21%
- YTD
- 6.76%
- 1Y
- 9.61%
- 3Y*
- 9.20%
- 5Y*
- 3.45%
- 10Y*
- —
IUS7.DE
- 1D
- 0.04%
- 1M
- 0.71%
- 6M
- 2.88%
- YTD
- 4.57%
- 1Y
- 11.20%
- 3Y*
- 7.95%
- 5Y*
- 2.40%
- 10Y*
- 2.54%
HY3M.DE vs. IUS7.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
HY3M.DE VanEck Emerging Markets High Yield Bond UCITS ETF | 6.76% | -3.30% | 18.25% | 4.13% | -7.66% | 7.35% | -3.67% | 17.71% | -14.66% |
IUS7.DE iShares J.P. Morgan USD Emerging Markets Bond UCITS ETF (Dist) | 4.57% | 1.15% | 11.75% | 6.76% | -13.15% | 5.75% | -4.03% | 18.80% | 4.64% |
Correlation
The correlation between HY3M.DE and IUS7.DE is 0.53, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.53 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.54 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.52 |
Correlation (All Time) Calculated using the full available price history since Mar 20, 2018 | 0.56 |
The correlation between HY3M.DE and IUS7.DE has been stable across timeframes, ranging from 0.52 to 0.56 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
HY3M.DE vs. IUS7.DE — Risk / Return Rank
HY3M.DE
IUS7.DE
HY3M.DE vs. IUS7.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Emerging Markets High Yield Bond UCITS ETF (HY3M.DE) and iShares J.P. Morgan USD Emerging Markets Bond UCITS ETF (Dist) (IUS7.DE). 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.
| HY3M.DE | IUS7.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.44 | ||
| Sortino ratioReturn per unit of downside risk | -0.60 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.35 | -0.09 |
| Calmar ratioReturn relative to maximum drawdown | 3.11 | 3.60 | -0.49 |
| Martin ratioReturn relative to average drawdown | 9.17 | 10.55 | -1.38 |
Loading charts...
Drawdowns
HY3M.DE vs. IUS7.DE - Drawdown Comparison
The maximum HY3M.DE drawdown since its inception was -21.08%, smaller than the maximum IUS7.DE drawdown of -27.13%. Use the drawdown chart below to compare losses from any high point for HY3M.DE and IUS7.DE.
Loading charts...
Drawdown Indicators
| HY3M.DE | IUS7.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -21.08% | -27.13% | +6.05% |
Max Drawdown (1Y)Largest decline over 1 year | -3.08% | -3.09% | +0.01% |
Max Drawdown (3Y)Largest decline over 3 years | -12.09% | -12.95% | +0.86% |
Max Drawdown (5Y)Largest decline over 5 years | -13.58% | -15.91% | +2.33% |
Max Drawdown (10Y)Largest decline over 10 years | — | -27.13% | — |
Current DrawdownCurrent decline from peak | -0.77% | -1.29% | +0.52% |
Average DrawdownAverage peak-to-trough decline | -7.04% | -6.39% | -0.65% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.04% | 1.06% | -0.02% |
Volatility
HY3M.DE vs. IUS7.DE - Volatility Comparison
VanEck Emerging Markets High Yield Bond UCITS ETF (HY3M.DE) has a higher volatility of 1.80% compared to iShares J.P. Morgan USD Emerging Markets Bond UCITS ETF (Dist) (IUS7.DE) at 1.20%. This indicates that HY3M.DE's price experiences larger fluctuations and is considered to be riskier than IUS7.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| HY3M.DE | IUS7.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.80% | 1.20% | +0.60% |
Volatility (6M)Calculated over the trailing 6-month period | 5.09% | 4.04% | +1.05% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.74% | 6.08% | +0.66% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 8.60% | 8.56% | +0.04% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.19% | 11.00% | +2.19% |
HY3M.DE vs. IUS7.DE - Expense Ratio Comparison
HY3M.DE has a 0.40% expense ratio, which is lower than IUS7.DE's 0.45% expense ratio.
Dividends
HY3M.DE vs. IUS7.DE - Dividend Comparison
HY3M.DE has not paid dividends to shareholders, while IUS7.DE's dividend yield for the trailing twelve months is around 5.70%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HY3M.DE VanEck Emerging Markets High Yield Bond UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IUS7.DE iShares J.P. Morgan USD Emerging Markets Bond UCITS ETF (Dist) | 5.70% | 6.10% | 5.62% | 5.77% | 5.63% | 3.81% | 4.18% | 4.73% | 4.70% | 5.11% | 5.30% | 4.71% |
Frequently Asked Questions
HY3M.DE and IUS7.DE have a correlation of 0.53, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, HY3M.DE is cheaper at 0.40% per year. The better choice depends on whether you care most about return, fees, risk, or income.
HY3M.DE is cheaper with a 0.40% expense ratio, compared with 0.45% for IUS7.DE.
HY3M.DE tracks ICE BofAML Diversified High Yield US Emerging Markets Corporate Plus Index, while IUS7.DE tracks JP Morgan EMBI Global Core. They also come from different issuers: VanEck and iShares. Their fees differ too: 0.40% for HY3M.DE and 0.45% for IUS7.DE.
Find the right allocation for HY3M.DE and IUS7.DE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer