QCON vs. EMHY
Compare and contrast key facts about American Century Quality Convertible Securities ETF (QCON) and iShares J.P. Morgan EM High Yield Bond ETF (EMHY).
QCON and EMHY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. QCON is an actively managed fund by American Century Investments. It was launched on Feb 16, 2021. EMHY is a passively managed fund by iShares that tracks the performance of the J.P. Morgan USD Emerging Markets High Yield Bond Index. It was launched on Apr 3, 2012.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: QCON or EMHY.
Correlation
The correlation between QCON and EMHY is 0.57, 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
QCON vs. EMHY - Performance Comparison
Key characteristics
QCON:
0.93
EMHY:
1.38
QCON:
1.34
EMHY:
1.98
QCON:
1.19
EMHY:
1.29
QCON:
0.69
EMHY:
1.74
QCON:
3.37
EMHY:
9.24
QCON:
2.57%
EMHY:
1.12%
QCON:
9.33%
EMHY:
7.52%
QCON:
-22.46%
EMHY:
-30.11%
QCON:
-6.91%
EMHY:
-2.79%
Returns By Period
In the year-to-date period, QCON achieves a -3.30% return, which is significantly lower than EMHY's 0.34% return.
QCON
-3.30%
-2.76%
-2.30%
8.84%
N/A
N/A
EMHY
0.34%
-2.49%
0.07%
9.48%
5.67%
3.76%
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QCON vs. EMHY - Expense Ratio Comparison
QCON has a 0.32% expense ratio, which is lower than EMHY's 0.50% expense ratio.
Risk-Adjusted Performance
QCON vs. EMHY — Risk-Adjusted Performance Rank
QCON
EMHY
QCON vs. EMHY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for American Century Quality Convertible Securities ETF (QCON) and iShares J.P. Morgan EM High Yield Bond ETF (EMHY). 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
QCON vs. EMHY - Dividend Comparison
QCON's dividend yield for the trailing twelve months is around 2.79%, less than EMHY's 7.24% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
QCON American Century Quality Convertible Securities ETF | 2.79% | 2.58% | 2.24% | 3.08% | 1.47% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
EMHY iShares J.P. Morgan EM High Yield Bond ETF | 7.24% | 6.86% | 6.73% | 7.08% | 5.58% | 5.44% | 5.72% | 6.79% | 5.59% | 6.43% | 6.99% | 6.36% |
Drawdowns
QCON vs. EMHY - Drawdown Comparison
The maximum QCON drawdown since its inception was -22.46%, smaller than the maximum EMHY drawdown of -30.11%. Use the drawdown chart below to compare losses from any high point for QCON and EMHY. For additional features, visit the drawdowns tool.
Volatility
QCON vs. EMHY - Volatility Comparison
American Century Quality Convertible Securities ETF (QCON) has a higher volatility of 5.81% compared to iShares J.P. Morgan EM High Yield Bond ETF (EMHY) at 4.99%. This indicates that QCON's price experiences larger fluctuations and is considered to be riskier than EMHY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.