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HYEM vs. BSJR
Performance
Return for Risk
Dividends
Drawdowns
Volatility

HYEM vs. BSJR

Last updated Apr 2, 2026

Compare and contrast key facts about VanEck Vectors Emerging Markets High Yield Bond ETF (HYEM) and Invesco BulletShares 2027 High Yield Corporate Bond ETF (BSJR).

HYEM and BSJR are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. HYEM is a passively managed fund by VanEck that tracks the performance of the BofA Merrill Lynch Diversified High Yield US Emerging Markets Corporate Plus Index. It was launched on May 8, 2012. BSJR is a passively managed fund by Invesco that tracks the performance of the NASDAQ BulletShares USD High Yield Corporate Bond 2027 Index. It was launched on Sep 12, 2019. Both HYEM and BSJR are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

HYEM vs. BSJR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VanEck Vectors Emerging Markets High Yield Bond ETF (HYEM) and Invesco BulletShares 2027 High Yield Corporate Bond ETF (BSJR). The values are adjusted to include any dividend payments, if applicable.

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HYEM vs. BSJR - Yearly Performance Comparison

2026 (YTD)2025202420232022202120202019
HYEM
VanEck Vectors Emerging Markets High Yield Bond ETF		0.36%9.24%12.14%8.35%-13.39%-1.31%6.87%4.62%
BSJR
Invesco BulletShares 2027 High Yield Corporate Bond ETF		0.35%7.41%7.15%11.91%-11.35%3.60%5.69%3.00%

Returns By Period

The year-to-date returns for both stocks are quite close, with HYEM having a 0.36% return and BSJR slightly lower at 0.35%.

HYEM

1D
0.10%
1M
-1.79%
YTD
0.36%
6M
1.52%
1Y
7.53%
3Y*
9.25%
5Y*
2.64%
10Y*
4.66%

BSJR

1D
0.14%
1M
-0.15%
YTD
0.35%
6M
1.21%
1Y
5.96%
3Y*
7.58%
5Y*
3.45%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

Compare stocks, funds, or ETFs

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VanEck Vectors Emerging Markets High Yield Bond ETF

Invesco BulletShares 2027 High Yield Corporate Bond ETF

Often compared with HYEM:
HYEM vs. EMHYHYEM vs. EMLCHYEM vs. CEMBHYEM vs. EMBHYEM vs. IHYHYEM vs. HYZDHYEM vs. PGHY
Often compared with BSJR:
BSJR vs. EICBSJR vs. IBHFBSJR vs. JSIBSJR vs. IBHGBSJR vs. EIFAXBSJR vs. BSJSBSJR vs. BSJP

HYEM vs. BSJR - Expense Ratio Comparison

HYEM has a 0.40% expense ratio, which is lower than BSJR's 0.42% expense ratio.

BSJR
Invesco BulletShares 2027 High Yield Corporate Bond ETF
HYEM
VanEck Vectors Emerging Markets High Yield Bond ETF

Return for Risk

HYEM vs. BSJR — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
HYEM
HYEM Risk / Return Rank: 6363
Overall Rank
HYEM Sharpe Ratio Rank: 6262
Sharpe Ratio Rank
HYEM Sortino Ratio Rank: 6060
Sortino Ratio Rank
HYEM Omega Ratio Rank: 6767
Omega Ratio Rank
HYEM Calmar Ratio Rank: 5757
Calmar Ratio Rank
HYEM Martin Ratio Rank: 7070
Martin Ratio Rank
BSJR
BSJR Risk / Return Rank: 8585
Overall Rank
BSJR Sharpe Ratio Rank: 8181
Sharpe Ratio Rank
BSJR Sortino Ratio Rank: 8888
Sortino Ratio Rank
BSJR Omega Ratio Rank: 9191
Omega Ratio Rank
BSJR Calmar Ratio Rank: 7474
Calmar Ratio Rank
BSJR Martin Ratio Rank: 9393
Martin Ratio Rank
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.

HYEM vs. BSJR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck Vectors Emerging Markets High Yield Bond ETF (HYEM) and Invesco BulletShares 2027 High Yield Corporate Bond ETF (BSJR). 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.

HYEMBSJRDifference

Sharpe ratio

Return per unit of total volatility

1.14

1.60

-0.46

Sortino ratio

Return per unit of downside risk

1.61

2.50

-0.89

Omega ratio

Gain probability vs. loss probability

1.26

1.41

-0.16

Calmar ratio

Return relative to maximum drawdown

1.54

2.08

-0.53

Martin ratio

Return relative to average drawdown

7.62

14.18

-6.56

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

HYEM vs. BSJR - Sharpe Ratio Comparison

The current HYEM Sharpe Ratio is 1.14, which is comparable to the BSJR Sharpe Ratio of 1.60. The chart below compares the historical Sharpe Ratios of HYEM and BSJR, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

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Sharpe Ratios by Period

HYEMBSJRDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.14

1.60

-0.46

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.35

0.51

-0.16

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.50

—

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.52

0.42

+0.09

Correlation

The correlation between HYEM and BSJR is 0.51, 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.

Dividends

HYEM vs. BSJR - Dividend Comparison

HYEM's dividend yield for the trailing twelve months is around 6.77%, more than BSJR's 5.97% yield.

TTM20252024202320222021202020192018201720162015
HYEM
VanEck Vectors Emerging Markets High Yield Bond ETF		6.77%6.67%6.34%6.27%6.47%5.33%5.56%6.14%5.71%5.86%6.25%7.64%
BSJR
Invesco BulletShares 2027 High Yield Corporate Bond ETF		5.97%6.19%6.75%6.48%5.37%4.49%4.53%1.20%0.00%0.00%0.00%0.00%

Drawdowns

HYEM vs. BSJR - Drawdown Comparison

The maximum HYEM drawdown since its inception was -30.96%, which is greater than BSJR's maximum drawdown of -22.58%. Use the drawdown chart below to compare losses from any high point for HYEM and BSJR.

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Drawdown Indicators

HYEMBSJRDifference

Max Drawdown

Largest peak-to-trough decline

-30.96%

-22.58%

-8.38%

Max Drawdown (1Y)

Largest decline over 1 year

-4.85%

-2.92%

-1.93%

Max Drawdown (5Y)

Largest decline over 5 years

-26.30%

-16.37%

-9.93%

Max Drawdown (10Y)

Largest decline over 10 years

-30.96%

—

—

Current Drawdown

Current decline from peak

-2.13%

-0.29%

-1.84%

Average Drawdown

Average peak-to-trough decline

-4.45%

-3.33%

-1.12%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.98%

0.43%

+0.55%

Volatility

HYEM vs. BSJR - Volatility Comparison

VanEck Vectors Emerging Markets High Yield Bond ETF (HYEM) has a higher volatility of 2.06% compared to Invesco BulletShares 2027 High Yield Corporate Bond ETF (BSJR) at 1.05%. This indicates that HYEM's price experiences larger fluctuations and is considered to be riskier than BSJR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

HYEMBSJRDifference

Volatility (1M)

Calculated over the trailing 1-month period

2.06%

1.05%

+1.01%

Volatility (6M)

Calculated over the trailing 6-month period

3.41%

1.48%

+1.93%

Volatility (1Y)

Calculated over the trailing 1-year period

6.64%

3.75%

+2.89%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

7.47%

6.74%

+0.73%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

9.27%

9.48%

-0.21%