HYEM vs. MYHA
HYEM (VanEck Vectors Emerging Markets High Yield Bond ETF) and MYHA (State Street My2027 High Yield Corporate Bond ETF) are both High Yield Bonds funds. HYEM is passively managed, while MYHA is actively managed. A 0.55 correlation means they provide meaningful diversification when combined. HYEM charges 0.40%/yr vs 0.39%/yr for MYHA.
Performance
HYEM vs. MYHA - Performance Comparison
Loading charts...
Returns By Period
HYEM
- 1D
- -0.15%
- 1M
- 0.20%
- 6M
- 3.61%
- YTD
- 4.07%
- 1Y
- 8.40%
- 3Y*
- 10.12%
- 5Y*
- 2.95%
- 10Y*
- 4.38%
MYHA
- 1D
- -0.07%
- 1M
- 0.21%
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
HYEM vs. MYHA - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
HYEM VanEck Vectors Emerging Markets High Yield Bond ETF | 1.49% |
MYHA State Street My2027 High Yield Corporate Bond ETF | 1.50% |
Correlation
The correlation between HYEM and MYHA is 0.55, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Feb 26, 2026 | 0.55 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
HYEM vs. MYHA — Risk / Return Rank
HYEM
MYHA
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
HYEM vs. MYHA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Vectors Emerging Markets High Yield Bond ETF (HYEM) and State Street My2027 High Yield Corporate Bond ETF (MYHA). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| HYEM | MYHA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.36 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 3.09 | — | — |
| Martin ratioReturn relative to average drawdown | 12.46 | — | — |
Loading charts...
Drawdowns
HYEM vs. MYHA - Drawdown Comparison
The maximum HYEM drawdown since its inception was -30.96%, which is greater than MYHA's maximum drawdown of -0.69%. Use the drawdown chart below to compare losses from any high point for HYEM and MYHA.
Loading charts...
Drawdown Indicators
| HYEM | MYHA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -30.96% | -0.69% | -30.27% |
Max Drawdown (1Y)Largest decline over 1 year | -2.73% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -5.23% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -26.29% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -30.96% | — | — |
Current DrawdownCurrent decline from peak | -0.39% | -0.07% | -0.32% |
Average DrawdownAverage peak-to-trough decline | -4.37% | -0.11% | -4.26% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.68% | — | — |
Volatility
HYEM vs. MYHA - Volatility Comparison
Loading charts...
Volatility by Period
| HYEM | MYHA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.01% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 3.16% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 4.41% | 1.84% | +2.57% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.50% | 1.84% | +5.66% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 9.27% | 1.84% | +7.43% |
HYEM vs. MYHA - Expense Ratio Comparison
HYEM has a 0.40% expense ratio, which is higher than MYHA's 0.39% expense ratio.
Dividends
HYEM vs. MYHA - Dividend Comparison
HYEM's dividend yield for the trailing twelve months is around 6.75%, more than MYHA's 2.06% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HYEM VanEck Vectors Emerging Markets High Yield Bond ETF | 6.75% | 6.67% | 6.34% | 6.27% | 6.47% | 5.33% | 5.56% | 6.14% | 5.71% | 5.86% | 6.25% | 7.64% |
MYHA State Street My2027 High Yield Corporate Bond ETF | 2.06% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
HYEM and MYHA have a correlation of 0.55, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, MYHA is cheaper at 0.39% per year. The better choice depends on whether you care most about return, fees, risk, or income.
MYHA is cheaper with a 0.39% expense ratio, compared with 0.40% for HYEM.
HYEM has the higher dividend yield at 6.75%, compared with 2.06% for MYHA.
They also come from different issuers: VanEck and State Street. Their fees differ too: 0.40% for HYEM and 0.39% for MYHA.
Find the right allocation for HYEM and MYHA
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer