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MLN vs. ESEB
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between MLN and ESEB is 0.19, 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.


-0.50.00.51.00.2

Performance

MLN vs. ESEB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VanEck Long Muni ETF (MLN) and Xtrackers J.P. Morgan ESG Emerging Markets Sovereign ETF (ESEB). The values are adjusted to include any dividend payments, if applicable.

-1.00%0.00%1.00%2.00%3.00%4.00%JulyAugustSeptemberOctoberNovemberDecember
0.77%
0
MLN
ESEB

Key characteristics

Returns By Period


MLN

YTD

0.78%

1M

-0.88%

6M

0.78%

1Y

1.26%

5Y*

-0.48%

10Y*

1.99%

ESEB

YTD

N/A

1M

N/A

6M

N/A

1Y

N/A

5Y*

N/A

10Y*

N/A

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MLN vs. ESEB - Expense Ratio Comparison

MLN has a 0.24% expense ratio, which is lower than ESEB's 0.35% expense ratio.


ESEB
Xtrackers J.P. Morgan ESG Emerging Markets Sovereign ETF
Expense ratio chart for ESEB: current value at 0.35% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.35%
Expense ratio chart for MLN: current value at 0.24% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.24%

Risk-Adjusted Performance

MLN vs. ESEB - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck Long Muni ETF (MLN) and Xtrackers J.P. Morgan ESG Emerging Markets Sovereign ETF (ESEB). 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 MLN, currently valued at 0.21, compared to the broader market0.002.004.000.21-0.35
The chart of Sortino ratio for MLN, currently valued at 0.32, compared to the broader market-2.000.002.004.006.008.0010.000.32-0.45
The chart of Omega ratio for MLN, currently valued at 1.04, compared to the broader market0.501.001.502.002.503.001.040.89
The chart of Calmar ratio for MLN, currently valued at 0.09, compared to the broader market0.005.0010.0015.000.09-0.07
The chart of Martin ratio for MLN, currently valued at 0.96, compared to the broader market0.0020.0040.0060.0080.00100.000.96-0.79
MLN
ESEB


Rolling 12-month Sharpe Ratio0.000.501.001.502.00JulyAugustSeptemberOctoberNovemberDecember
0.21
-0.35
MLN
ESEB

Dividends

MLN vs. ESEB - Dividend Comparison

MLN's dividend yield for the trailing twelve months is around 3.60%, while ESEB has not paid dividends to shareholders.


TTM20232022202120202019201820172016201520142013
MLN
VanEck Long Muni ETF
3.60%3.19%2.67%2.52%2.69%2.87%3.09%2.91%3.16%3.39%3.78%4.43%
ESEB
Xtrackers J.P. Morgan ESG Emerging Markets Sovereign ETF
0.85%6.07%5.06%4.00%3.53%4.46%4.62%4.53%4.99%4.59%0.00%0.00%

Drawdowns

MLN vs. ESEB - Drawdown Comparison


-16.00%-14.00%-12.00%-10.00%-8.00%JulyAugustSeptemberOctoberNovemberDecember
-10.65%
-15.97%
MLN
ESEB

Volatility

MLN vs. ESEB - Volatility Comparison

VanEck Long Muni ETF (MLN) has a higher volatility of 2.17% compared to Xtrackers J.P. Morgan ESG Emerging Markets Sovereign ETF (ESEB) at 0.00%. This indicates that MLN's price experiences larger fluctuations and is considered to be riskier than ESEB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%0.50%1.00%1.50%2.00%2.50%3.00%3.50%JulyAugustSeptemberOctoberNovemberDecember
2.17%
0
MLN
ESEB
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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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