HYEM vs. REMX
HYEM (VanEck Vectors Emerging Markets High Yield Bond ETF) and REMX (VanEck Rare Earth and Strategic Metals ETF) are both exchange-traded funds - HYEM is a High Yield Bonds fund tracking the BofA Merrill Lynch Diversified High Yield US Emerging Markets Corporate Plus Index, while REMX is a Rare Earth & Strategic Metals fund tracking the MarketVector Global Rare Earth/Strategic Metals Index. Both are passively managed. Over the past 10 years, HYEM returned 4.64%/yr vs 10.09%/yr for REMX. At a 0.29 correlation, their price movements are largely independent. HYEM charges 0.40%/yr vs 0.59%/yr for REMX.
Performance
HYEM vs. REMX - Performance Comparison
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Returns By Period
In the year-to-date period, HYEM achieves a 4.28% return, which is significantly lower than REMX's 24.22% return. Over the past 10 years, HYEM has underperformed REMX with an annualized return of 4.64%, while REMX has yielded a comparatively higher 10.09% annualized return.
HYEM
- 1D
- -0.15%
- 1M
- 1.26%
- YTD
- 4.28%
- 6M
- 4.29%
- 1Y
- 9.50%
- 3Y*
- 10.35%
- 5Y*
- 2.95%
- 10Y*
- 4.64%
REMX
- 1D
- -5.62%
- 1M
- -5.16%
- YTD
- 24.22%
- 6M
- 22.61%
- 1Y
- 139.49%
- 3Y*
- 5.61%
- 5Y*
- 4.37%
- 10Y*
- 10.09%
HYEM vs. REMX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HYEM VanEck Vectors Emerging Markets High Yield Bond ETF | 4.28% | 9.24% | 12.14% | 8.35% | -13.39% | -1.31% | 6.87% | 12.85% | -3.38% | 7.94% |
REMX VanEck Rare Earth and Strategic Metals ETF | 24.22% | 92.95% | -35.02% | -19.18% | -31.13% | 79.81% | 64.82% | 0.74% | -49.63% | 82.60% |
Correlation
The correlation between HYEM and REMX is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.25 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.27 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.34 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.30 |
Correlation (All Time) Calculated using the full available price history since May 14, 2012 | 0.29 |
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Return for Risk
HYEM vs. REMX — Risk / Return Rank
HYEM
REMX
HYEM vs. REMX - 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 VanEck Rare Earth and Strategic Metals ETF (REMX). 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 | REMX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.64 | ||
| Sortino ratioReturn per unit of downside risk | +0.05 | ||
| Omega ratioGain probability vs. loss probability | 1.42 | 1.38 | +0.04 |
| Calmar ratioReturn relative to maximum drawdown | 3.50 | 6.01 | -2.51 |
| Martin ratioReturn relative to average drawdown | 14.23 | 15.83 | -1.60 |
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Drawdowns
HYEM vs. REMX - Drawdown Comparison
The maximum HYEM drawdown since its inception was -30.96%, smaller than the maximum REMX drawdown of -90.20%. Use the drawdown chart below to compare losses from any high point for HYEM and REMX.
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Drawdown Indicators
| HYEM | REMX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -30.96% | -90.20% | +59.24% |
Max Drawdown (1Y)Largest decline over 1 year | -2.73% | -23.35% | +20.62% |
Max Drawdown (3Y)Largest decline over 3 years | -5.23% | -62.11% | +56.88% |
Max Drawdown (5Y)Largest decline over 5 years | -26.29% | -73.34% | +47.05% |
Max Drawdown (10Y)Largest decline over 10 years | -30.96% | -73.34% | +42.38% |
Current DrawdownCurrent decline from peak | -0.20% | -57.95% | +57.75% |
Average DrawdownAverage peak-to-trough decline | -4.38% | -66.82% | +62.44% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.67% | 8.85% | -8.18% |
Volatility
HYEM vs. REMX - Volatility Comparison
The current volatility for VanEck Vectors Emerging Markets High Yield Bond ETF (HYEM) is 1.14%, while VanEck Rare Earth and Strategic Metals ETF (REMX) has a volatility of 16.71%. This indicates that HYEM experiences smaller price fluctuations and is considered to be less risky than REMX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HYEM | REMX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.14% | 16.71% | -15.57% |
Volatility (6M)Calculated over the trailing 6-month period | 3.25% | 37.35% | -34.10% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.40% | 49.97% | -45.57% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.51% | 40.71% | -33.20% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 9.27% | 37.16% | -27.89% |
HYEM vs. REMX - Expense Ratio Comparison
HYEM has a 0.40% expense ratio, which is lower than REMX's 0.59% expense ratio.
Dividends
HYEM vs. REMX - Dividend Comparison
HYEM's dividend yield for the trailing twelve months is around 6.50%, more than REMX's 1.42% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HYEM VanEck Vectors Emerging Markets High Yield Bond ETF | 6.50% | 6.67% | 6.34% | 6.27% | 6.47% | 5.33% | 5.56% | 6.14% | 5.71% | 5.86% | 6.25% | 7.64% |
REMX VanEck Rare Earth and Strategic Metals ETF | 1.42% | 1.76% | 2.56% | 0.00% | 1.56% | 5.25% | 0.81% | 1.64% | 12.43% | 2.89% | 2.23% | 4.77% |
Frequently Asked Questions
HYEM and REMX have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
REMX has higher volatility (16.71%) compared to HYEM (1.14%). In terms of maximum drawdown, HYEM dropped -30.96% vs REMX's -90.20%.
On 10-year performance, REMX leads with 10.09% vs 4.64% for HYEM. On fees, HYEM is cheaper at 0.40% per year. On volatility, HYEM has been the lower-risk option at 1.14%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 10-year period, REMX has performed better with a 10.09% return vs 4.64%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
HYEM is cheaper with a 0.40% expense ratio, compared with 0.59% for REMX.
HYEM has the higher dividend yield at 6.50%, compared with 1.42% for REMX.
HYEM is categorized as High Yield Bonds, while REMX is Rare Earth & Strategic Metals. HYEM tracks BofA Merrill Lynch Diversified High Yield US Emerging Markets Corporate Plus Index, while REMX tracks MarketVector Global Rare Earth/Strategic Metals Index. Their fees differ too: 0.40% for HYEM and 0.59% for REMX.
REMX currently has the higher Sharpe Ratio (2.81 vs 2.17), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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