LEMB.L vs. TAHY.L
LEMB.L (Lyxor iBoxx USD Liquid Emerging Markets Sovereigns UCITS ETF - Dist) and TAHY.L (Janus Henderson Haitong Asia ex-Japan High Yield Corporate USD Bond Screened Core UCITS ETF USD (Acc)) are both exchange-traded funds - LEMB.L is a Emerging Markets Bonds fund tracking the JPM EMBI Global Diversified TR USD, while TAHY.L is a High Yield Bonds fund tracking the iBoxx MSCI Scored & Screened Tilted USD Asia ex-Japan High Yield Capped TCA Index. Both are passively managed. Over the past 3 years, LEMB.L returned 6.46%/yr vs 8.17%/yr for TAHY.L. At a 0.21 correlation, their price movements are largely independent. LEMB.L charges 0.30%/yr vs 0.60%/yr for TAHY.L.
Performance
LEMB.L vs. TAHY.L - Performance Comparison
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Returns By Period
In the year-to-date period, LEMB.L achieves a 1.56% return, which is significantly lower than TAHY.L's 3.88% return.
LEMB.L
- 1D
- -0.01%
- 1M
- -0.77%
- 6M
- 1.81%
- YTD
- 1.56%
- 1Y
- 9.31%
- 3Y*
- 6.46%
- 5Y*
- 0.77%
- 10Y*
- 1.76%
TAHY.L
- 1D
- 0.00%
- 1M
- 0.24%
- 6M
- 2.85%
- YTD
- 3.88%
- 1Y
- 6.69%
- 3Y*
- 8.17%
- 5Y*
- —
- 10Y*
- —
LEMB.L vs. TAHY.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
LEMB.L Lyxor iBoxx USD Liquid Emerging Markets Sovereigns UCITS ETF - Dist | 1.56% | 12.47% | 0.66% | 9.26% | -16.61% | -1.78% |
TAHY.L Janus Henderson Haitong Asia ex-Japan High Yield Corporate USD Bond Screened Core UCITS ETF USD (Acc) | 3.88% | 7.26% | 17.54% | -10.74% | -18.39% | -13.10% |
Correlation
The correlation between LEMB.L and TAHY.L is 0.17, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.17 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.16 |
Correlation (All Time) Calculated using the full available price history since Sep 2, 2021 | 0.21 |
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Return for Risk
LEMB.L vs. TAHY.L — Risk / Return Rank
LEMB.L
TAHY.L
LEMB.L vs. TAHY.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Lyxor iBoxx USD Liquid Emerging Markets Sovereigns UCITS ETF - Dist (LEMB.L) and Janus Henderson Haitong Asia ex-Japan High Yield Corporate USD Bond Screened Core UCITS ETF USD (Acc) (TAHY.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.
| LEMB.L | TAHY.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.04 | ||
| Sortino ratioReturn per unit of downside risk | +0.15 | ||
| Omega ratioGain probability vs. loss probability | 1.35 | 1.38 | -0.03 |
| Calmar ratioReturn relative to maximum drawdown | 2.48 | 2.59 | -0.11 |
| Martin ratioReturn relative to average drawdown | 9.99 | 7.38 | +2.61 |
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Drawdowns
LEMB.L vs. TAHY.L - Drawdown Comparison
The maximum LEMB.L drawdown since its inception was -27.40%, smaller than the maximum TAHY.L drawdown of -51.61%. Use the drawdown chart below to compare losses from any high point for LEMB.L and TAHY.L.
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Drawdown Indicators
| LEMB.L | TAHY.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -27.40% | -51.61% | +24.21% |
Max Drawdown (1Y)Largest decline over 1 year | -3.74% | -2.57% | -1.17% |
Max Drawdown (3Y)Largest decline over 3 years | -8.59% | -9.81% | +1.22% |
Max Drawdown (5Y)Largest decline over 5 years | -26.85% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -27.40% | — | — |
Current DrawdownCurrent decline from peak | -0.93% | -17.10% | +16.17% |
Average DrawdownAverage peak-to-trough decline | -5.84% | -26.81% | +20.97% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.93% | 0.91% | +0.02% |
Volatility
LEMB.L vs. TAHY.L - Volatility Comparison
The current volatility for Lyxor iBoxx USD Liquid Emerging Markets Sovereigns UCITS ETF - Dist (LEMB.L) is 0.97%, while Janus Henderson Haitong Asia ex-Japan High Yield Corporate USD Bond Screened Core UCITS ETF USD (Acc) (TAHY.L) has a volatility of 1.07%. This indicates that LEMB.L experiences smaller price fluctuations and is considered to be less risky than TAHY.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| LEMB.L | TAHY.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.97% | 1.07% | -0.10% |
Volatility (6M)Calculated over the trailing 6-month period | 4.26% | 2.83% | +1.43% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.17% | 3.64% | +1.53% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 8.87% | 13.09% | -4.22% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.13% | 13.09% | -2.96% |
LEMB.L vs. TAHY.L - Expense Ratio Comparison
LEMB.L has a 0.30% expense ratio, which is lower than TAHY.L's 0.60% expense ratio.
Dividends
LEMB.L vs. TAHY.L - Dividend Comparison
LEMB.L's dividend yield for the trailing twelve months is around 5.21%, while TAHY.L has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LEMB.L Lyxor iBoxx USD Liquid Emerging Markets Sovereigns UCITS ETF - Dist | 5.21% | 5.29% | 3.59% | 5.91% | 5.72% | 4.49% | 4.12% | 5.12% | 5.18% | 5.14% | 5.41% | 6.69% |
TAHY.L Janus Henderson Haitong Asia ex-Japan High Yield Corporate USD Bond Screened Core UCITS ETF USD (Acc) | 0.00% | 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
LEMB.L and TAHY.L have a correlation of 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, LEMB.L is cheaper at 0.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.
LEMB.L is cheaper with a 0.30% expense ratio, compared with 0.60% for TAHY.L.
LEMB.L is categorized as Emerging Markets Bonds, while TAHY.L is High Yield Bonds. LEMB.L tracks JPM EMBI Global Diversified TR USD, while TAHY.L tracks iBoxx MSCI Scored & Screened Tilted USD Asia ex-Japan High Yield Capped TCA Index. They also come from different issuers: Amundi and Janus Henderson. Their fees differ too: 0.30% for LEMB.L and 0.60% for TAHY.L.
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