NEMD vs. VEMY

Last updated Apr 2, 2026

Compare and contrast key facts about Neuberger Berman Emerging Markets Debt Hard Currency ETF (NEMD) and Virtus Stone Harbor Emerging Markets High Yield Bond ETF (VEMY).

NEMD and VEMY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. NEMD is an actively managed fund by Neuberger Berman. It was launched on Sep 27, 2013. VEMY is an actively managed fund by Virtus. It was launched on Dec 12, 2022.

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.

NEMD vs. VEMY - Yearly Performance Comparison

	2026 (YTD)	2025
NEMD Neuberger Berman Emerging Markets Debt Hard Currency ETF	-0.02%	7.07%
VEMY Virtus Stone Harbor Emerging Markets High Yield Bond ETF	1.17%	5.30%

Returns By Period

In the year-to-date period, NEMD achieves a -0.02% return, which is significantly lower than VEMY's 1.17% return.

NEMD

• 1D: 0.34%
• 1M: -2.63%
• YTD: -0.02%
• 6M: 3.71%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

VEMY

• 1D: 0.41%
• 1M: -2.01%
• YTD: 1.17%
• 6M: 5.69%
• 1Y: 13.36%
• 3Y*: 14.22%
• 5Y*: —
• 10Y*: —

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

NEMD vs. VEMY - Expense Ratio Comparison

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

NEMD

Neuberger Berman Emerging Markets Debt Hard Currency ETF

VEMY

Virtus Stone Harbor Emerging Markets High Yield Bond ETF

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: 84
VEMY Sharpe Ratio Rank: 83
VEMY Sortino Ratio Rank: 85
VEMY Omega Ratio Rank: 87
VEMY Calmar Ratio Rank: 81
VEMY Martin Ratio Rank: 85

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	—	1.69	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.79	1.71	+0.08

Correlation

The correlation between NEMD and VEMY is 0.84, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

NEMD vs. VEMY - Dividend Comparison

NEMD's dividend yield for the trailing twelve months is around 3.87%, less than VEMY's 8.92% yield.

	TTM	2025	2024	2023
NEMD Neuberger Berman Emerging Markets Debt Hard Currency ETF	3.87%	2.39%	0.00%	0.00%
VEMY Virtus Stone Harbor Emerging Markets High Yield Bond ETF	8.92%	8.89%	10.28%	9.55%

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	—	-5.33%	—
Current Drawdown Current decline from peak	-3.03%	-2.53%	-0.50%
Average Drawdown Average peak-to-trough decline	-0.51%	-1.34%	+0.83%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.30%	—

Volatility

Volatility by Period

	NEMD	VEMY	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	3.10%	—
Volatility (6M) Calculated over the trailing 6-month period	—	4.66%	—
Volatility (1Y) Calculated over the trailing 1-year period	6.30%	7.95%	-1.65%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	6.30%	7.69%	-1.39%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	6.30%	7.69%	-1.39%