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

Correlation

The correlation between HYEM and HYZD is 0.40, 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.


-0.50.00.51.0
Correlation: 0.4

Performance

HYEM vs. HYZD - 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 WisdomTree Interest Rate Hedged High Yield Bond Fund (HYZD). The values are adjusted to include any dividend payments, if applicable.

48.00%50.00%52.00%54.00%56.00%58.00%NovemberDecember2025FebruaryMarchApril
54.29%
55.26%
HYEM
HYZD

Key characteristics

Sharpe Ratio

HYEM:

1.42

HYZD:

0.96

Sortino Ratio

HYEM:

2.04

HYZD:

1.46

Omega Ratio

HYEM:

1.30

HYZD:

1.21

Calmar Ratio

HYEM:

1.53

HYZD:

1.02

Martin Ratio

HYEM:

10.93

HYZD:

5.26

Ulcer Index

HYEM:

0.94%

HYZD:

1.13%

Daily Std Dev

HYEM:

7.25%

HYZD:

6.20%

Max Drawdown

HYEM:

-30.96%

HYZD:

-25.66%

Current Drawdown

HYEM:

-1.36%

HYZD:

-1.85%

Returns By Period

In the year-to-date period, HYEM achieves a 1.38% return, which is significantly higher than HYZD's 0.14% return. Over the past 10 years, HYEM has underperformed HYZD with an annualized return of 4.00%, while HYZD has yielded a comparatively higher 4.48% annualized return.


HYEM

YTD

1.38%

1M

-0.60%

6M

1.92%

1Y

10.17%

5Y*

5.27%

10Y*

4.00%

HYZD

YTD

0.14%

1M

-0.41%

6M

1.61%

1Y

5.61%

5Y*

7.74%

10Y*

4.48%

*Annualized

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HYEM vs. HYZD - Expense Ratio Comparison

HYEM has a 0.40% expense ratio, which is lower than HYZD's 0.43% expense ratio.


Expense ratio chart for HYZD: current value is 0.43%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
HYZD: 0.43%
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. HYZD — 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 9090
Overall Rank
The Sharpe Ratio Rank of HYEM is 8989
Sharpe Ratio Rank
The Sortino Ratio Rank of HYEM is 8989
Sortino Ratio Rank
The Omega Ratio Rank of HYEM is 9090
Omega Ratio Rank
The Calmar Ratio Rank of HYEM is 9090
Calmar Ratio Rank
The Martin Ratio Rank of HYEM is 9494
Martin Ratio Rank

HYZD
The Risk-Adjusted Performance Rank of HYZD is 8282
Overall Rank
The Sharpe Ratio Rank of HYZD is 7979
Sharpe Ratio Rank
The Sortino Ratio Rank of HYZD is 8080
Sortino Ratio Rank
The Omega Ratio Rank of HYZD is 8181
Omega Ratio Rank
The Calmar Ratio Rank of HYZD is 8383
Calmar Ratio Rank
The Martin Ratio Rank of HYZD is 8585
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. HYZD - 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 WisdomTree Interest Rate Hedged High Yield Bond Fund (HYZD). 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.


The chart of Sharpe ratio for HYEM, currently valued at 1.42, compared to the broader market-1.000.001.002.003.004.00
HYEM: 1.42
HYZD: 0.96
The chart of Sortino ratio for HYEM, currently valued at 2.04, compared to the broader market-2.000.002.004.006.008.00
HYEM: 2.04
HYZD: 1.46
The chart of Omega ratio for HYEM, currently valued at 1.30, compared to the broader market0.501.001.502.002.50
HYEM: 1.30
HYZD: 1.21
The chart of Calmar ratio for HYEM, currently valued at 1.53, compared to the broader market0.002.004.006.008.0010.0012.00
HYEM: 1.53
HYZD: 1.02
The chart of Martin ratio for HYEM, currently valued at 10.93, compared to the broader market0.0020.0040.0060.00
HYEM: 10.93
HYZD: 5.26

The current HYEM Sharpe Ratio is 1.42, which is higher than the HYZD Sharpe Ratio of 0.96. The chart below compares the historical Sharpe Ratios of HYEM and HYZD, 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 Ratio0.001.002.003.004.00NovemberDecember2025FebruaryMarchApril
1.42
0.96
HYEM
HYZD

Dividends

HYEM vs. HYZD - Dividend Comparison

HYEM's dividend yield for the trailing twelve months is around 6.51%, more than HYZD's 6.34% 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%
HYZD
WisdomTree Interest Rate Hedged High Yield Bond Fund
6.34%6.08%5.94%5.14%4.02%5.13%5.50%5.58%4.94%5.07%4.38%3.82%

Drawdowns

HYEM vs. HYZD - Drawdown Comparison

The maximum HYEM drawdown since its inception was -30.96%, which is greater than HYZD's maximum drawdown of -25.66%. Use the drawdown chart below to compare losses from any high point for HYEM and HYZD. For additional features, visit the drawdowns tool.


-6.00%-5.00%-4.00%-3.00%-2.00%-1.00%0.00%NovemberDecember2025FebruaryMarchApril
-1.36%
-1.85%
HYEM
HYZD

Volatility

HYEM vs. HYZD - Volatility Comparison

VanEck Vectors Emerging Markets High Yield Bond ETF (HYEM) has a higher volatility of 5.19% compared to WisdomTree Interest Rate Hedged High Yield Bond Fund (HYZD) at 4.48%. This indicates that HYEM's price experiences larger fluctuations and is considered to be riskier than HYZD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


1.00%2.00%3.00%4.00%5.00%NovemberDecember2025FebruaryMarchApril
5.19%
4.48%
HYEM
HYZD