MLN vs. ESEB
Compare and contrast key facts about VanEck Long Muni ETF (MLN) and Xtrackers J.P. Morgan ESG Emerging Markets Sovereign ETF (ESEB).
MLN and ESEB are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. MLN is a passively managed fund by VanEck that tracks the performance of the Bloomberg AMT-Free Long Continuous. It was launched on Jan 2, 2008. ESEB is a passively managed fund by Deutsche Bank that tracks the performance of the J.P. Morgan ESG EMBI Global Diversified Sovereign Index. It was launched on Mar 3, 2015. Both MLN and ESEB 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: MLN or ESEB.
Key characteristics
| MLN | ESEB |
|---|
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.
Performance
MLN vs. ESEB - Performance Comparison
The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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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.
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.
Dividends
MLN vs. ESEB - Dividend Comparison
MLN's dividend yield for the trailing twelve months is around 3.54%, while ESEB has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MLN VanEck Long Muni ETF | 3.54% | 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 | 2.16% | 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
Volatility
MLN vs. ESEB - Volatility Comparison
VanEck Long Muni ETF (MLN) has a higher volatility of 3.18% 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.