LEMB vs. VEU
Compare and contrast key facts about iShares J.P. Morgan EM Local Currency Bond ETF (LEMB) and Vanguard FTSE All-World ex-US ETF (VEU).
LEMB and VEU are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. LEMB is a passively managed fund by iShares that tracks the performance of the J.P. Morgan GBI-EM Global 15 cap 4.5 floor. It was launched on Oct 18, 2011. VEU is a passively managed fund by Vanguard that tracks the performance of the FTSE All-World ex US Index. It was launched on Mar 2, 2007. Both LEMB and VEU are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: LEMB or VEU.
Correlation
The correlation between LEMB and VEU is 0.60, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
LEMB vs. VEU - Performance Comparison
Key characteristics
LEMB:
0.40
VEU:
-0.08
LEMB:
0.64
VEU:
-0.00
LEMB:
1.08
VEU:
1.00
LEMB:
0.14
VEU:
-0.11
LEMB:
0.85
VEU:
-0.27
LEMB:
3.35%
VEU:
4.10%
LEMB:
7.05%
VEU:
14.77%
LEMB:
-28.42%
VEU:
-61.52%
LEMB:
-15.08%
VEU:
-10.65%
Returns By Period
In the year-to-date period, LEMB achieves a 3.02% return, which is significantly higher than VEU's -1.98% return. Over the past 10 years, LEMB has underperformed VEU with an annualized return of -0.17%, while VEU has yielded a comparatively higher 4.23% annualized return.
LEMB
3.02%
-1.98%
-1.80%
2.59%
1.87%
-0.17%
VEU
-1.98%
-9.83%
-9.11%
-0.46%
10.65%
4.23%
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LEMB vs. VEU - Expense Ratio Comparison
LEMB has a 0.30% expense ratio, which is higher than VEU's 0.07% expense ratio.
Risk-Adjusted Performance
LEMB vs. VEU — Risk-Adjusted Performance Rank
LEMB
VEU
LEMB vs. VEU - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares J.P. Morgan EM Local Currency Bond ETF (LEMB) and Vanguard FTSE All-World ex-US ETF (VEU). 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.
Dividends
LEMB vs. VEU - Dividend Comparison
LEMB has not paid dividends to shareholders, while VEU's dividend yield for the trailing twelve months is around 3.27%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LEMB iShares J.P. Morgan EM Local Currency Bond ETF | 0.00% | 0.00% | 1.34% | 0.86% | 3.89% | 0.00% | 4.39% | 6.91% | 0.00% | 0.00% | 0.64% | 2.85% |
VEU Vanguard FTSE All-World ex-US ETF | 3.27% | 3.24% | 3.32% | 3.12% | 3.07% | 2.00% | 3.10% | 3.27% | 2.66% | 2.96% | 2.95% | 3.52% |
Drawdowns
LEMB vs. VEU - Drawdown Comparison
The maximum LEMB drawdown since its inception was -28.42%, smaller than the maximum VEU drawdown of -61.52%. Use the drawdown chart below to compare losses from any high point for LEMB and VEU. For additional features, visit the drawdowns tool.
Volatility
LEMB vs. VEU - Volatility Comparison
The current volatility for iShares J.P. Morgan EM Local Currency Bond ETF (LEMB) is 2.33%, while Vanguard FTSE All-World ex-US ETF (VEU) has a volatility of 7.65%. This indicates that LEMB experiences smaller price fluctuations and is considered to be less risky than VEU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.