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HYEM vs. CEMB
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between HYEM and CEMB is 0.36, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


-0.50.00.51.00.4

Performance

HYEM vs. CEMB - 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 iShares J.P. Morgan EM Corporate Bond ETF (CEMB). The values are adjusted to include any dividend payments, if applicable.

0.00%2.00%4.00%6.00%JulyAugustSeptemberOctoberNovemberDecember
4.76%
2.93%
HYEM
CEMB

Key characteristics

Sharpe Ratio

HYEM:

2.13

CEMB:

1.62

Sortino Ratio

HYEM:

3.09

CEMB:

2.32

Omega Ratio

HYEM:

1.41

CEMB:

1.30

Calmar Ratio

HYEM:

1.19

CEMB:

0.80

Martin Ratio

HYEM:

23.13

CEMB:

8.25

Ulcer Index

HYEM:

0.50%

CEMB:

0.75%

Daily Std Dev

HYEM:

5.47%

CEMB:

3.85%

Max Drawdown

HYEM:

-30.96%

CEMB:

-20.84%

Current Drawdown

HYEM:

-1.32%

CEMB:

-1.92%

Returns By Period

In the year-to-date period, HYEM achieves a 11.59% return, which is significantly higher than CEMB's 5.79% return. Over the past 10 years, HYEM has outperformed CEMB with an annualized return of 4.63%, while CEMB has yielded a comparatively lower 3.47% annualized return.


HYEM

YTD

11.59%

1M

0.12%

6M

4.76%

1Y

11.87%

5Y*

2.10%

10Y*

4.63%

CEMB

YTD

5.79%

1M

-0.42%

6M

2.94%

1Y

6.15%

5Y*

1.24%

10Y*

3.47%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


HYEM vs. CEMB - Expense Ratio Comparison

HYEM has a 0.40% expense ratio, which is lower than CEMB's 0.50% expense ratio.


CEMB
iShares J.P. Morgan EM Corporate Bond ETF
Expense ratio chart for CEMB: current value at 0.50% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.50%
Expense ratio chart for HYEM: current value at 0.40% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.40%

Risk-Adjusted Performance

HYEM vs. CEMB - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck Vectors Emerging Markets High Yield Bond ETF (HYEM) and iShares J.P. Morgan EM Corporate Bond ETF (CEMB). 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.


Sharpe ratio
The chart of Sharpe ratio for HYEM, currently valued at 2.13, compared to the broader market0.002.004.002.131.62
The chart of Sortino ratio for HYEM, currently valued at 3.09, compared to the broader market-2.000.002.004.006.008.0010.003.092.32
The chart of Omega ratio for HYEM, currently valued at 1.41, compared to the broader market0.501.001.502.002.503.001.411.30
The chart of Calmar ratio for HYEM, currently valued at 1.19, compared to the broader market0.005.0010.0015.001.190.80
The chart of Martin ratio for HYEM, currently valued at 23.13, compared to the broader market0.0020.0040.0060.0080.00100.0023.138.25
HYEM
CEMB

The current HYEM Sharpe Ratio is 2.13, which is higher than the CEMB Sharpe Ratio of 1.62. The chart below compares the historical Sharpe Ratios of HYEM and CEMB, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio1.502.002.503.003.50JulyAugustSeptemberOctoberNovemberDecember
2.13
1.62
HYEM
CEMB

Dividends

HYEM vs. CEMB - Dividend Comparison

HYEM's dividend yield for the trailing twelve months is around 6.26%, more than CEMB's 5.12% yield.


TTM20232022202120202019201820172016201520142013
HYEM
VanEck Vectors Emerging Markets High Yield Bond ETF
6.26%6.28%6.47%5.34%5.56%6.15%5.71%5.87%6.25%7.64%6.77%6.14%
CEMB
iShares J.P. Morgan EM Corporate Bond ETF
5.12%4.77%4.28%3.51%3.86%4.19%4.66%4.06%4.25%4.76%4.23%3.93%

Drawdowns

HYEM vs. CEMB - Drawdown Comparison

The maximum HYEM drawdown since its inception was -30.96%, which is greater than CEMB's maximum drawdown of -20.84%. Use the drawdown chart below to compare losses from any high point for HYEM and CEMB. For additional features, visit the drawdowns tool.


-5.00%-4.00%-3.00%-2.00%-1.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-1.32%
-1.92%
HYEM
CEMB

Volatility

HYEM vs. CEMB - Volatility Comparison

VanEck Vectors Emerging Markets High Yield Bond ETF (HYEM) has a higher volatility of 1.71% compared to iShares J.P. Morgan EM Corporate Bond ETF (CEMB) at 1.22%. This indicates that HYEM's price experiences larger fluctuations and is considered to be riskier than CEMB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


1.00%1.50%2.00%JulyAugustSeptemberOctoberNovemberDecember
1.71%
1.22%
HYEM
CEMB
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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