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

Correlation

The correlation between HYEM and VOO is 0.38, 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.


-0.50.00.51.00.4

Performance

HYEM vs. VOO - 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 Vanguard S&P 500 ETF (VOO). The values are adjusted to include any dividend payments, if applicable.

100.00%200.00%300.00%400.00%500.00%JulyAugustSeptemberOctoberNovemberDecember
68.46%
447.54%
HYEM
VOO

Key characteristics

Sharpe Ratio

HYEM:

2.30

VOO:

2.04

Sortino Ratio

HYEM:

3.34

VOO:

2.72

Omega Ratio

HYEM:

1.45

VOO:

1.38

Calmar Ratio

HYEM:

1.24

VOO:

3.02

Martin Ratio

HYEM:

25.73

VOO:

13.60

Ulcer Index

HYEM:

0.49%

VOO:

1.88%

Daily Std Dev

HYEM:

5.44%

VOO:

12.52%

Max Drawdown

HYEM:

-30.96%

VOO:

-33.99%

Current Drawdown

HYEM:

-1.22%

VOO:

-3.52%

Returns By Period

In the year-to-date period, HYEM achieves a 11.70% return, which is significantly lower than VOO's 24.65% return. Over the past 10 years, HYEM has underperformed VOO with an annualized return of 4.62%, while VOO has yielded a comparatively higher 13.02% annualized return.


HYEM

YTD

11.70%

1M

-0.24%

6M

5.19%

1Y

12.47%

5Y*

2.13%

10Y*

4.62%

VOO

YTD

24.65%

1M

-0.29%

6M

7.63%

1Y

24.77%

5Y*

14.57%

10Y*

13.02%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


HYEM vs. VOO - Expense Ratio Comparison

HYEM has a 0.40% expense ratio, which is higher than VOO's 0.03% expense ratio.


HYEM
VanEck Vectors Emerging Markets High Yield Bond ETF
Expense ratio chart for HYEM: current value at 0.40% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.40%
Expense ratio chart for VOO: current value at 0.03% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.03%

Risk-Adjusted Performance

HYEM vs. VOO - 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 Vanguard S&P 500 ETF (VOO). 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.


Sharpe ratio
The chart of Sharpe ratio for HYEM, currently valued at 2.30, compared to the broader market0.002.004.002.302.04
The chart of Sortino ratio for HYEM, currently valued at 3.34, compared to the broader market-2.000.002.004.006.008.0010.003.342.72
The chart of Omega ratio for HYEM, currently valued at 1.45, compared to the broader market0.501.001.502.002.503.001.451.38
The chart of Calmar ratio for HYEM, currently valued at 1.24, compared to the broader market0.005.0010.0015.001.243.02
The chart of Martin ratio for HYEM, currently valued at 25.73, compared to the broader market0.0020.0040.0060.0080.00100.0025.7313.60
HYEM
VOO

The current HYEM Sharpe Ratio is 2.30, which is comparable to the VOO Sharpe Ratio of 2.04. The chart below compares the historical Sharpe Ratios of HYEM and VOO, 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 Ratio1.502.002.503.003.50JulyAugustSeptemberOctoberNovemberDecember
2.30
2.04
HYEM
VOO

Dividends

HYEM vs. VOO - Dividend Comparison

HYEM's dividend yield for the trailing twelve months is around 6.26%, more than VOO's 1.26% yield.


TTM20232022202120202019201820172016201520142013
HYEM
VanEck Vectors Emerging Markets High Yield Bond ETF
6.26%6.28%6.47%5.34%5.56%6.15%5.71%5.87%6.25%7.64%6.77%6.14%
VOO
Vanguard S&P 500 ETF
0.92%1.46%1.69%1.25%1.54%1.88%2.06%1.78%2.02%2.10%1.85%1.84%

Drawdowns

HYEM vs. VOO - Drawdown Comparison

The maximum HYEM drawdown since its inception was -30.96%, smaller than the maximum VOO drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for HYEM and VOO. For additional features, visit the drawdowns tool.


-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-1.22%
-3.52%
HYEM
VOO

Volatility

HYEM vs. VOO - Volatility Comparison

The current volatility for VanEck Vectors Emerging Markets High Yield Bond ETF (HYEM) is 1.99%, while Vanguard S&P 500 ETF (VOO) has a volatility of 3.58%. This indicates that HYEM experiences smaller price fluctuations and is considered to be less risky than VOO 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%6.00%JulyAugustSeptemberOctoberNovemberDecember
1.99%
3.58%
HYEM
VOO
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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