NEMD vs. EDGH

Last updated Aug 1, 2026

NEMD (Neuberger Berman Emerging Markets Debt Hard Currency ETF) and EDGH (3EDGE Dynamic Hard Assets ETF) are both exchange-traded funds - NEMD is a Emerging Markets Bonds fund actively managed by Neuberger Berman, while EDGH is a Commodities fund actively managed by 3EDGE Asset Management. Both are actively managed. Their 0.10 correlation means their historical movements had little consistent relationship. NEMD charges 0.60%/yr vs 1.01%/yr for EDGH.

Performance

NEMD vs. EDGH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Neuberger Berman Emerging Markets Debt Hard Currency ETF (NEMD) and 3EDGE Dynamic Hard Assets ETF (EDGH). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, NEMD achieves a 3.47% return, which is significantly lower than EDGH's 8.52% return.

NEMD

• 1D: 0.08%
• 1M: -1.04%
• 6M: 1.88%
• YTD: 3.47%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

EDGH

• 1D: -0.74%
• 1M: 2.76%
• 6M: 1.30%
• YTD: 8.52%
• 1Y: 26.55%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 18.95%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
EDGH 3EDGE Dynamic Hard Assets ETF	$468.96K	$2.12M	$1.70M
NEMD Neuberger Berman Emerging Markets Debt Hard Currency ETF	$328.32K	$489.11K	$564.01K

NEMD vs. EDGH - Yearly Performance Comparison

	2026 (YTD)	2025
NEMD Neuberger Berman Emerging Markets Debt Hard Currency ETF	3.47%	7.10%
EDGH 3EDGE Dynamic Hard Assets ETF	8.52%	15.44%

Correlation

The correlation between NEMD and EDGH is 0.10, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (All Time) Calculated using the full available price history since Aug 11, 2025	0.10

Return for Risk

NEMD vs. EDGH — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

NEMD

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

EDGH

EDGH Risk / Return Rank: 60
EDGH Sharpe Ratio Rank: 64
EDGH Sortino Ratio Rank: 53
EDGH Omega Ratio Rank: 72
EDGH Calmar Ratio Rank: 62
EDGH Martin Ratio Rank: 49

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

NEMD vs. EDGH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Neuberger Berman Emerging Markets Debt Hard Currency ETF (NEMD) and 3EDGE Dynamic Hard Assets ETF (EDGH). 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.

	NEMD	EDGH	Difference
Sharpe ratio: Return per unit of total volatility	—	1.50	—
Sortino ratio: Return per unit of downside risk	—	1.87	—
Omega ratio: Gain probability vs. loss probability	—	1.30	—
Calmar ratio: Return relative to maximum drawdown	—	2.19	—
Martin ratio: Return relative to average drawdown	—	5.69	—

Drawdowns

NEMD vs. EDGH - Drawdown Comparison

The maximum NEMD drawdown since its inception was -4.43%, smaller than the maximum EDGH drawdown of -12.47%. Use the drawdown chart below to compare losses from any high point for NEMD and EDGH.

Drawdown Indicators

	NEMD	EDGH	Difference
Max Drawdown Largest peak-to-trough decline	-4.43%	-12.47%	+8.04%
Max Drawdown (1Y) Largest decline over 1 year	—	-12.47%	—
Current Drawdown Current decline from peak	-1.35%	-8.15%	+6.80%
Average Drawdown Average peak-to-trough decline	-0.59%	-2.65%	+2.06%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	4.79%	—

Volatility

Volatility by Period

	NEMD	EDGH	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	3.61%	—
Volatility (6M) Calculated over the trailing 6-month period	—	14.56%	—
Volatility (1Y) Calculated over the trailing 1-year period	6.44%	18.27%	-11.83%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	6.44%	15.46%	-9.02%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	6.44%	15.46%	-9.02%

NEMD vs. EDGH - Expense Ratio Comparison

NEMD has a 0.60% expense ratio, which is lower than EDGH's 1.01% expense ratio.

Dividends

NEMD vs. EDGH - Dividend Comparison

NEMD's dividend yield for the trailing twelve months is around 5.81%, more than EDGH's 1.08% yield.

Position	TTM	2025	2024
EDGH 3EDGE Dynamic Hard Assets ETF	1.08%	1.18%	3.19%
NEMD Neuberger Berman Emerging Markets Debt Hard Currency ETF	5.81%	2.39%	0.00%

Frequently Asked Questions

Can I hold both NEMD and EDGH in my portfolio?

NEMD and EDGH have a correlation of 0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, NEMD or EDGH?

On fees, NEMD is cheaper at 0.60% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, NEMD or EDGH?

NEMD is cheaper with a 0.60% expense ratio, compared with 1.01% for EDGH.

Which ETF pays a higher dividend yield, NEMD or EDGH?

NEMD has the higher dividend yield at 5.81%, compared with 1.08% for EDGH.

What is the main difference between NEMD and EDGH?

NEMD is categorized as Emerging Markets Bonds, while EDGH is Commodities. They also come from different issuers: Neuberger Berman and 3EDGE Asset Management. Their fees differ too: 0.60% for NEMD and 1.01% for EDGH.