HYEM vs. IHY
Compare and contrast key facts about VanEck Vectors Emerging Markets High Yield Bond ETF (HYEM) and VanEck Vectors International High Yield Bond ETF (IHY).
HYEM and IHY 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. IHY is a passively managed fund by VanEck that tracks the performance of the Bank of America Merrill Lynch Global Ex-‐US Issuers High Yield Constrained Index. It was launched on Apr 2, 2012. Both HYEM and IHY 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 IHY.
Correlation
The correlation between HYEM and IHY 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. IHY - Performance Comparison
Key characteristics
HYEM:
1.18
IHY:
1.43
HYEM:
1.74
IHY:
2.07
HYEM:
1.26
IHY:
1.28
HYEM:
1.66
IHY:
0.99
HYEM:
8.87
IHY:
5.57
HYEM:
0.98%
IHY:
1.60%
HYEM:
7.19%
IHY:
6.32%
HYEM:
-30.96%
IHY:
-27.63%
HYEM:
-1.16%
IHY:
-1.27%
Returns By Period
In the year-to-date period, HYEM achieves a 1.60% return, which is significantly lower than IHY's 5.11% return. Over the past 10 years, HYEM has outperformed IHY with an annualized return of 3.86%, while IHY has yielded a comparatively lower 3.34% annualized return.
HYEM
1.60%
1.84%
1.40%
8.46%
4.91%
3.86%
IHY
5.11%
2.60%
3.02%
8.98%
4.50%
3.34%
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HYEM vs. IHY - Expense Ratio Comparison
Both HYEM and IHY have an expense ratio of 0.40%.
Risk-Adjusted Performance
HYEM vs. IHY — Risk-Adjusted Performance Rank
HYEM
IHY
HYEM vs. IHY - 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 VanEck Vectors International High Yield Bond ETF (IHY). 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. IHY - Dividend Comparison
HYEM's dividend yield for the trailing twelve months is around 6.67%, more than IHY's 5.41% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HYEM VanEck Vectors Emerging Markets High Yield Bond ETF | 6.67% | 6.34% | 6.27% | 6.47% | 5.33% | 5.56% | 6.14% | 5.71% | 5.86% | 6.25% | 7.64% | 6.77% |
IHY VanEck Vectors International High Yield Bond ETF | 5.41% | 5.60% | 5.26% | 4.97% | 4.55% | 4.65% | 4.86% | 4.70% | 4.37% | 5.11% | 5.79% | 5.74% |
Drawdowns
HYEM vs. IHY - Drawdown Comparison
The maximum HYEM drawdown since its inception was -30.96%, which is greater than IHY's maximum drawdown of -27.63%. Use the drawdown chart below to compare losses from any high point for HYEM and IHY. For additional features, visit the drawdowns tool.
Volatility
HYEM vs. IHY - Volatility Comparison
VanEck Vectors Emerging Markets High Yield Bond ETF (HYEM) has a higher volatility of 3.57% compared to VanEck Vectors International High Yield Bond ETF (IHY) at 1.68%. This indicates that HYEM's price experiences larger fluctuations and is considered to be riskier than IHY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.