HYGB.L vs. REGB.L
HYGB.L (VanEck Emerging Markets High Yield Bond UCITS ETF) and REGB.L (VanEck Rare Earth and Strategic Metals UCITS ETF A) are both exchange-traded funds - HYGB.L is a High Yield Bonds fund tracking the VanEck Emerging Markets High Yield Bond UCITS ETF, while REGB.L is a Rare Earth & Strategic Metals fund tracking the EMIX Global Mining Global Gold TR USD. Both are passively managed. Over the past 3 years, HYGB.L returned 8.57%/yr vs -3.16%/yr for REGB.L. At a correlation of -0.03, they often move in opposite directions. HYGB.L charges 0.40%/yr vs 0.59%/yr for REGB.L.
Performance
HYGB.L vs. REGB.L - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, HYGB.L achieves a 3.41% return, which is significantly lower than REGB.L's 7.20% return.
HYGB.L
- 1D
- -0.56%
- 1M
- -0.50%
- 6M
- 2.88%
- YTD
- 3.41%
- 1Y
- 7.65%
- 3Y*
- 8.57%
- 5Y*
- 3.23%
- 10Y*
- —
REGB.L
- 1D
- 0.00%
- 1M
- -18.93%
- 6M
- -12.75%
- YTD
- 7.20%
- 1Y
- 68.04%
- 3Y*
- -3.16%
- 5Y*
- —
- 10Y*
- —
HYGB.L vs. REGB.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
HYGB.L VanEck Emerging Markets High Yield Bond UCITS ETF | 3.41% | 1.56% | 13.72% | 1.66% | -2.52% | -0.37% |
REGB.L VanEck Rare Earth and Strategic Metals UCITS ETF A | 7.20% | 75.67% | -34.55% | -22.78% | -22.89% | -20.32% |
Correlation
The correlation between HYGB.L and REGB.L is -0.10, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.10 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.07 |
Correlation (All Time) Calculated using the full available price history since Sep 24, 2021 | -0.03 |
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
HYGB.L vs. REGB.L — Risk / Return Rank
HYGB.L
REGB.L
HYGB.L vs. REGB.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Emerging Markets High Yield Bond UCITS ETF (HYGB.L) and VanEck Rare Earth and Strategic Metals UCITS ETF A (REGB.L). 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.
| HYGB.L | REGB.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.32 | ||
| Sortino ratioReturn per unit of downside risk | -0.36 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 1.24 | -0.03 |
| Calmar ratioReturn relative to maximum drawdown | 2.30 | 2.38 | -0.08 |
| Martin ratioReturn relative to average drawdown | 5.91 | 6.72 | -0.81 |
Loading charts...
Drawdowns
HYGB.L vs. REGB.L - Drawdown Comparison
The maximum HYGB.L drawdown since its inception was -26.72%, smaller than the maximum REGB.L drawdown of -74.24%. Use the drawdown chart below to compare losses from any high point for HYGB.L and REGB.L.
Loading charts...
Drawdown Indicators
| HYGB.L | REGB.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -26.72% | -74.24% | +47.52% |
Max Drawdown (1Y)Largest decline over 1 year | -3.31% | -28.69% | +25.38% |
Max Drawdown (3Y)Largest decline over 3 years | -8.96% | -59.98% | +51.02% |
Max Drawdown (5Y)Largest decline over 5 years | -23.02% | — | — |
Current DrawdownCurrent decline from peak | -2.23% | -41.52% | +39.29% |
Average DrawdownAverage peak-to-trough decline | -14.29% | -44.79% | +30.50% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.29% | 10.16% | -8.87% |
Volatility
HYGB.L vs. REGB.L - Volatility Comparison
The current volatility for VanEck Emerging Markets High Yield Bond UCITS ETF (HYGB.L) is 1.95%, while VanEck Rare Earth and Strategic Metals UCITS ETF A (REGB.L) has a volatility of 10.93%. This indicates that HYGB.L experiences smaller price fluctuations and is considered to be less risky than REGB.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| HYGB.L | REGB.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.95% | 10.93% | -8.98% |
Volatility (6M)Calculated over the trailing 6-month period | 4.98% | 32.91% | -27.93% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.52% | 45.93% | -39.41% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.19% | 46.32% | -28.13% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.41% | 46.32% | -28.91% |
HYGB.L vs. REGB.L - Expense Ratio Comparison
HYGB.L has a 0.40% expense ratio, which is lower than REGB.L's 0.59% expense ratio.
Dividends
HYGB.L vs. REGB.L - Dividend Comparison
Neither HYGB.L nor REGB.L has paid dividends to shareholders.
Frequently Asked Questions
HYGB.L and REGB.L have a correlation of -0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, HYGB.L is cheaper at 0.40% per year. The better choice depends on whether you care most about return, fees, risk, or income.
HYGB.L is cheaper with a 0.40% expense ratio, compared with 0.59% for REGB.L.
HYGB.L is categorized as High Yield Bonds, while REGB.L is Rare Earth & Strategic Metals. HYGB.L tracks VanEck Emerging Markets High Yield Bond UCITS ETF, while REGB.L tracks EMIX Global Mining Global Gold TR USD. Their fees differ too: 0.40% for HYGB.L and 0.59% for REGB.L.
Find the right allocation for HYGB.L and REGB.L
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