HYEM vs. HYXU
Compare and contrast key facts about VanEck Vectors Emerging Markets High Yield Bond ETF (HYEM) and iShares International High Yield Bond ETF (HYXU).
HYEM and HYXU 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. HYXU is a passively managed fund by iShares that tracks the performance of the Markit iBoxx Global Developed Markets ex-US High Yield Index. It was launched on Apr 3, 2012. Both HYEM and HYXU are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HYEM or HYXU.
Correlation
The correlation between HYEM and HYXU is 0.39, 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.
Performance
HYEM vs. HYXU - Performance Comparison
Key characteristics
HYEM:
1.42
HYXU:
1.59
HYEM:
2.04
HYXU:
2.40
HYEM:
1.30
HYXU:
1.28
HYEM:
1.53
HYXU:
1.20
HYEM:
10.93
HYXU:
4.22
HYEM:
0.94%
HYXU:
3.13%
HYEM:
7.25%
HYXU:
8.34%
HYEM:
-30.96%
HYXU:
-32.45%
HYEM:
-1.36%
HYXU:
0.00%
Returns By Period
In the year-to-date period, HYEM achieves a 1.38% return, which is significantly lower than HYXU's 10.76% return. Over the past 10 years, HYEM has outperformed HYXU with an annualized return of 3.96%, while HYXU has yielded a comparatively lower 3.22% annualized return.
HYEM
1.38%
-0.75%
1.92%
10.05%
5.16%
3.96%
HYXU
10.76%
6.05%
7.28%
13.33%
5.81%
3.22%
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HYEM vs. HYXU - Expense Ratio Comparison
Both HYEM and HYXU have an expense ratio of 0.40%.
Risk-Adjusted Performance
HYEM vs. HYXU — Risk-Adjusted Performance Rank
HYEM
HYXU
HYEM vs. HYXU - 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 International High Yield Bond ETF (HYXU). 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.
Dividends
HYEM vs. HYXU - Dividend Comparison
HYEM's dividend yield for the trailing twelve months is around 6.51%, more than HYXU's 4.61% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
HYXU iShares International High Yield Bond ETF | 4.61% | 5.11% | 3.38% | 0.61% | 3.07% | 1.45% | 1.19% | 4.01% | 0.69% | 1.50% | 3.25% | 4.55% |
Drawdowns
HYEM vs. HYXU - Drawdown Comparison
The maximum HYEM drawdown since its inception was -30.96%, roughly equal to the maximum HYXU drawdown of -32.45%. Use the drawdown chart below to compare losses from any high point for HYEM and HYXU. For additional features, visit the drawdowns tool.
Volatility
HYEM vs. HYXU - Volatility Comparison
VanEck Vectors Emerging Markets High Yield Bond ETF (HYEM) has a higher volatility of 5.19% compared to iShares International High Yield Bond ETF (HYXU) at 3.91%. This indicates that HYEM's price experiences larger fluctuations and is considered to be riskier than HYXU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.