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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.


-0.50.00.51.0
Correlation: 0.4

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.

50.00%55.00%60.00%65.00%70.00%NovemberDecember2025FebruaryMarchApril
71.45%
53.22%
HYEM
CEMB

Key characteristics

Sharpe Ratio

HYEM:

1.80

CEMB:

2.01

Sortino Ratio

HYEM:

2.63

CEMB:

2.90

Omega Ratio

HYEM:

1.34

CEMB:

1.39

Calmar Ratio

HYEM:

1.32

CEMB:

1.02

Martin Ratio

HYEM:

18.63

CEMB:

8.17

Ulcer Index

HYEM:

0.53%

CEMB:

0.87%

Daily Std Dev

HYEM:

5.46%

CEMB:

3.52%

Max Drawdown

HYEM:

-30.96%

CEMB:

-20.84%

Current Drawdown

HYEM:

-1.36%

CEMB:

-0.31%

Returns By Period

In the year-to-date period, HYEM achieves a 1.38% return, which is significantly lower than CEMB's 2.51% return. Over the past 10 years, HYEM has outperformed CEMB with an annualized return of 4.34%, while CEMB has yielded a comparatively lower 3.36% annualized return.


HYEM

YTD

1.38%

1M

-0.65%

6M

1.66%

1Y

9.76%

5Y*

6.97%

10Y*

4.34%

CEMB

YTD

2.51%

1M

-0.19%

6M

0.91%

1Y

7.03%

5Y*

4.43%

10Y*

3.36%

*Annualized

Compare stocks, funds, or ETFs

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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 is 0.50%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
CEMB: 0.50%
Expense ratio chart for HYEM: current value is 0.40%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
HYEM: 0.40%

Risk-Adjusted Performance

HYEM vs. CEMB — Risk-Adjusted Performance Rank

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

HYEM
The Risk-Adjusted Performance Rank of HYEM is 9292
Overall Rank
The Sharpe Ratio Rank of HYEM is 9393
Sharpe Ratio Rank
The Sortino Ratio Rank of HYEM is 9393
Sortino Ratio Rank
The Omega Ratio Rank of HYEM is 9393
Omega Ratio Rank
The Calmar Ratio Rank of HYEM is 8484
Calmar Ratio Rank
The Martin Ratio Rank of HYEM is 9696
Martin Ratio Rank

CEMB
The Risk-Adjusted Performance Rank of CEMB is 8989
Overall Rank
The Sharpe Ratio Rank of CEMB is 9393
Sharpe Ratio Rank
The Sortino Ratio Rank of CEMB is 9393
Sortino Ratio Rank
The Omega Ratio Rank of CEMB is 9393
Omega Ratio Rank
The Calmar Ratio Rank of CEMB is 7474
Calmar Ratio Rank
The Martin Ratio Rank of CEMB is 8989
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

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 1.80, compared to the broader market0.002.004.00
HYEM: 1.80
CEMB: 2.01
The chart of Sortino ratio for HYEM, currently valued at 2.63, compared to the broader market-2.000.002.004.006.008.0010.0012.00
HYEM: 2.63
CEMB: 2.90
The chart of Omega ratio for HYEM, currently valued at 1.34, compared to the broader market0.501.001.502.002.503.00
HYEM: 1.34
CEMB: 1.39
The chart of Calmar ratio for HYEM, currently valued at 1.32, compared to the broader market0.005.0010.0015.00
HYEM: 1.32
CEMB: 1.02
The chart of Martin ratio for HYEM, currently valued at 18.63, compared to the broader market0.0020.0040.0060.0080.00100.00
HYEM: 18.63
CEMB: 8.17

The current HYEM Sharpe Ratio is 1.80, which is comparable to the CEMB Sharpe Ratio of 2.01. 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 Ratio1.502.002.503.003.50NovemberDecember2025FebruaryMarchApril
1.80
2.01
HYEM
CEMB

Dividends

HYEM vs. CEMB - Dividend Comparison

HYEM's dividend yield for the trailing twelve months is around 6.51%, more than CEMB's 5.17% yield.


TTM20242023202220212020201920182017201620152014
HYEM
VanEck Vectors Emerging Markets High Yield Bond ETF
6.51%6.34%6.27%6.47%5.33%5.56%6.14%5.71%5.86%6.25%7.64%6.77%
CEMB
iShares J.P. Morgan EM Corporate Bond ETF
5.17%5.11%4.77%4.29%3.51%3.86%4.19%4.66%4.06%4.26%4.76%4.23%

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.


-2.00%-1.50%-1.00%-0.50%0.00%NovemberDecember2025FebruaryMarchApril
-1.36%
-0.31%
HYEM
CEMB

Volatility

HYEM vs. CEMB - Volatility Comparison

VanEck Vectors Emerging Markets High Yield Bond ETF (HYEM) has a higher volatility of 1.63% compared to iShares J.P. Morgan EM Corporate Bond ETF (CEMB) at 0.63%. 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.


0.50%1.00%1.50%2.00%NovemberDecember2025FebruaryMarchApril
1.63%
0.63%
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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