MMEMX vs. HYEM
Compare and contrast key facts about MassMutual Select T. Rowe Price Emerging Markets Bond Fund (MMEMX) and VanEck Vectors Emerging Markets High Yield Bond ETF (HYEM).
MMEMX is managed by MassMutual. It was launched on Feb 8, 2018. HYEM is a passively managed fund by VanEck that tracks the performance of the BofA Merrill Lynch Diversified High Yield US Emerging Markets Corporate Plus Index. It was launched on May 8, 2012.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MMEMX or HYEM.
Correlation
The correlation between MMEMX and HYEM is 0.42, 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
MMEMX vs. HYEM - Performance Comparison
Key characteristics
Returns By Period
MMEMX
N/A
N/A
N/A
N/A
N/A
N/A
HYEM
2.37%
1.49%
4.55%
12.51%
2.13%
4.68%
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MMEMX vs. HYEM - Expense Ratio Comparison
MMEMX has a 0.00% expense ratio, which is lower than HYEM's 0.40% expense ratio.
Risk-Adjusted Performance
MMEMX vs. HYEM — Risk-Adjusted Performance Rank
MMEMX
HYEM
MMEMX vs. HYEM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for MassMutual Select T. Rowe Price Emerging Markets Bond Fund (MMEMX) and VanEck Vectors Emerging Markets High Yield Bond ETF (HYEM). 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
MMEMX vs. HYEM - Dividend Comparison
MMEMX has not paid dividends to shareholders, while HYEM's dividend yield for the trailing twelve months is around 6.29%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MMEMX MassMutual Select T. Rowe Price Emerging Markets Bond Fund | 102.36% | 102.36% | 6.13% | 6.37% | 5.94% | 6.11% | 5.19% | 3.46% | 0.00% | 0.00% | 0.00% | 0.00% |
HYEM VanEck Vectors Emerging Markets High Yield Bond ETF | 6.29% | 6.34% | 6.28% | 6.47% | 5.34% | 5.56% | 6.15% | 5.71% | 5.87% | 6.25% | 7.64% | 6.77% |
Drawdowns
MMEMX vs. HYEM - Drawdown Comparison
Volatility
MMEMX vs. HYEM - Volatility Comparison
The current volatility for MassMutual Select T. Rowe Price Emerging Markets Bond Fund (MMEMX) is 0.00%, while VanEck Vectors Emerging Markets High Yield Bond ETF (HYEM) has a volatility of 0.93%. This indicates that MMEMX experiences smaller price fluctuations and is considered to be less risky than HYEM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.