NEMD vs. VEMY

Last updated Jun 5, 2026

NEMD (Neuberger Berman Emerging Markets Debt Hard Currency ETF) and VEMY (Virtus Stone Harbor Emerging Markets High Yield Bond ETF) are both Emerging Markets Bonds funds. Both are actively managed. Their correlation of 0.87 suggests significant overlap in exposure. NEMD charges 0.60%/yr vs 0.58%/yr for VEMY.

Performance

NEMD vs. VEMY - 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 Virtus Stone Harbor Emerging Markets High Yield Bond ETF (VEMY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, NEMD achieves a 4.12% return, which is significantly lower than VEMY's 5.93% return.

NEMD

• 1D: 0.35%
• 1M: 1.38%
• YTD: 4.12%
• 6M: 4.49%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

VEMY

• 1D: 0.03%
• 1M: 1.22%
• YTD: 5.93%
• 6M: 6.67%
• 1Y: 18.43%
• 3Y*: 15.52%
• 5Y*: —
• 10Y*: —

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

NEMD vs. VEMY - Yearly Performance Comparison

	2026 (YTD)	2025
NEMD Neuberger Berman Emerging Markets Debt Hard Currency ETF	4.12%	7.07%
VEMY Virtus Stone Harbor Emerging Markets High Yield Bond ETF	5.93%	5.30%

Correlation

The correlation between NEMD and VEMY is 0.87, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Aug 12, 2025	0.87

Return for Risk

NEMD vs. VEMY — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

VEMY

VEMY Risk / Return Rank: 90
VEMY Sharpe Ratio Rank: 90
VEMY Sortino Ratio Rank: 93
VEMY Omega Ratio Rank: 93
VEMY Calmar Ratio Rank: 85
VEMY Martin Ratio Rank: 91

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

NEMD vs. VEMY - 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 Virtus Stone Harbor Emerging Markets High Yield Bond ETF (VEMY). 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.

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

Sharpe Ratios by Period

	NEMD	VEMY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	3.06	—
Sharpe Ratio (All Time) Calculated using the full available price history	2.20	1.83	+0.38

Drawdowns

NEMD vs. VEMY - Drawdown Comparison

The maximum NEMD drawdown since its inception was -4.43%, smaller than the maximum VEMY drawdown of -8.77%. Use the drawdown chart below to compare losses from any high point for NEMD and VEMY.

Drawdown Indicators

	NEMD	VEMY	Difference
Max Drawdown Largest peak-to-trough decline	-4.43%	-8.77%	+4.34%
Max Drawdown (1Y) Largest decline over 1 year	—	-4.00%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-6.57%	—
Current Drawdown Current decline from peak	-0.04%	-0.14%	+0.10%
Average Drawdown Average peak-to-trough decline	-0.57%	-1.30%	+0.73%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.84%	—

Volatility

Volatility by Period

	NEMD	VEMY	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	1.54%	—
Volatility (6M) Calculated over the trailing 6-month period	—	4.63%	—
Volatility (1Y) Calculated over the trailing 1-year period	6.51%	6.05%	+0.46%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	6.51%	7.63%	-1.12%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	6.51%	7.63%	-1.12%

NEMD vs. VEMY - Expense Ratio Comparison

NEMD has a 0.60% expense ratio, which is higher than VEMY's 0.58% expense ratio.

Dividends

NEMD vs. VEMY - Dividend Comparison

NEMD's dividend yield for the trailing twelve months is around 4.71%, less than VEMY's 8.37% yield.

Position	TTM	2025	2024	2023
NEMD Neuberger Berman Emerging Markets Debt Hard Currency ETF	4.71%	2.39%	0.00%	0.00%
VEMY Virtus Stone Harbor Emerging Markets High Yield Bond ETF	8.37%	8.89%	10.28%	9.55%

Frequently Asked Questions

Can I hold both NEMD and VEMY in my portfolio?

NEMD and VEMY have a correlation of 0.87, 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 VEMY?

On fees, VEMY is cheaper at 0.58% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, NEMD or VEMY?

VEMY is cheaper with a 0.58% expense ratio, compared with 0.60% for NEMD.

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

VEMY has the higher dividend yield at 8.37%, compared with 4.71% for NEMD.

What is the main difference between NEMD and VEMY?

They also come from different issuers: Neuberger Berman and Virtus. Their fees differ too: 0.60% for NEMD and 0.58% for VEMY.