RIET vs. VEMY

Last updated Jun 20, 2026

RIET (Hoya Capital High Dividend Yield ETF) and VEMY (Virtus Stone Harbor Emerging Markets High Yield Bond ETF) are both exchange-traded funds - RIET is a REIT fund tracking the Hoya Capital High Dividend Yield Index, while VEMY is a Emerging Markets Bonds fund actively managed by Virtus. RIET is passively managed, while VEMY is actively managed. Over the past 3 years, RIET returned 7.55%/yr vs 15.11%/yr for VEMY. At a 0.49 correlation, their price movements are largely independent. RIET charges 0.50%/yr vs 0.58%/yr for VEMY.

Performance

RIET vs. VEMY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Hoya Capital High Dividend Yield ETF (RIET) 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, RIET achieves a 7.58% return, which is significantly higher than VEMY's 6.70% return.

RIET

• 1D: 0.45%
• 1M: 0.82%
• YTD: 7.58%
• 6M: 7.08%
• 1Y: 11.87%
• 3Y*: 7.55%
• 5Y*: —
• 10Y*: —

VEMY

• 1D: 0.28%
• 1M: 2.19%
• YTD: 6.70%
• 6M: 6.88%
• 1Y: 18.55%
• 3Y*: 15.11%
• 5Y*: —
• 10Y*: —

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

RIET vs. VEMY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
RIET Hoya Capital High Dividend Yield ETF	7.58%	2.43%	1.18%	13.04%	-4.71%
VEMY Virtus Stone Harbor Emerging Markets High Yield Bond ETF	6.70%	15.27%	13.48%	14.45%	-1.43%

Correlation

The correlation between RIET and VEMY is 0.40, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.40
Correlation (3Y) Calculated over the trailing 3-year period	0.50
Correlation (All Time) Calculated using the full available price history since Dec 13, 2022	0.49

The correlation between RIET and VEMY shifts across timeframes, from 0.40 (1 year) to 0.50 (3 years), reflecting how their relationship changes across market environments.

Return for Risk

RIET vs. VEMY — Risk / Return Rank

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

RIET

RIET Risk / Return Rank: 26
RIET Sharpe Ratio Rank: 26
RIET Sortino Ratio Rank: 25
RIET Omega Ratio Rank: 23
RIET Calmar Ratio Rank: 28
RIET Martin Ratio Rank: 27

VEMY

VEMY Risk / Return Rank: 92
VEMY Sharpe Ratio Rank: 92
VEMY Sortino Ratio Rank: 95
VEMY Omega Ratio Rank: 94
VEMY Calmar Ratio Rank: 87
VEMY Martin Ratio Rank: 92

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.

RIET vs. VEMY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Hoya Capital High Dividend Yield ETF (RIET) 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.

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.

	RIET	VEMY	Difference
Sharpe ratio: Return per unit of total volatility	0.90	3.07	-2.17
Sortino ratio: Return per unit of downside risk	1.32	4.72	-3.41
Omega ratio: Gain probability vs. loss probability	1.15	1.63	-0.48
Calmar ratio: Return relative to maximum drawdown	1.36	4.65	-3.29
Martin ratio: Return relative to average drawdown	3.54	22.07	-18.53

RIET vs. VEMY - Sharpe Ratio Comparison

The current RIET Sharpe Ratio is 0.90, which is lower than the VEMY Sharpe Ratio of 3.07. The chart below compares the historical Sharpe Ratios of RIET and VEMY, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

RIET vs. VEMY - Drawdown Comparison

The maximum RIET drawdown since its inception was -34.61%, which is greater than VEMY's maximum drawdown of -8.77%. Use the drawdown chart below to compare losses from any high point for RIET and VEMY.

Drawdown Indicators

	RIET	VEMY	Difference
Max Drawdown Largest peak-to-trough decline	-34.61%	-8.77%	-25.84%
Max Drawdown (1Y) Largest decline over 1 year	-8.76%	-4.00%	-4.76%
Max Drawdown (3Y) Largest decline over 3 years	-18.38%	-6.57%	-11.81%
Current Drawdown Current decline from peak	-7.27%	-0.09%	-7.18%
Average Drawdown Average peak-to-trough decline	-16.32%	-1.30%	-15.02%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.36%	0.84%	+2.52%

Volatility

RIET vs. VEMY - Volatility Comparison

Hoya Capital High Dividend Yield ETF (RIET) has a higher volatility of 3.98% compared to Virtus Stone Harbor Emerging Markets High Yield Bond ETF (VEMY) at 1.45%. This indicates that RIET's price experiences larger fluctuations and is considered to be riskier than VEMY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RIET	VEMY	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.98%	1.45%	+2.53%
Volatility (6M) Calculated over the trailing 6-month period	9.46%	4.73%	+4.73%
Volatility (1Y) Calculated over the trailing 1-year period	13.30%	6.08%	+7.22%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.96%	7.61%	+11.35%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.96%	7.61%	+11.35%

RIET vs. VEMY - Expense Ratio Comparison

RIET has a 0.50% expense ratio, which is lower than VEMY's 0.58% expense ratio.

Dividends

RIET vs. VEMY - Dividend Comparison

RIET's dividend yield for the trailing twelve months is around 10.83%, more than VEMY's 8.31% yield.

Position	TTM	2025	2024	2023	2022	2021
RIET Hoya Capital High Dividend Yield ETF	10.83%	11.04%	10.17%	9.33%	9.33%	1.99%
VEMY Virtus Stone Harbor Emerging Markets High Yield Bond ETF	8.31%	8.89%	10.28%	9.55%	0.00%	0.00%

Frequently Asked Questions

Can I hold both RIET and VEMY in my portfolio?

RIET and VEMY have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, RIET or VEMY?

RIET has higher volatility (3.98%) compared to VEMY (1.45%). In terms of maximum drawdown, RIET dropped -34.61% vs VEMY's -8.77%.

Which ETF is better, RIET or VEMY?

On 3-year performance, VEMY leads with 15.11% vs 7.55% for RIET. On fees, RIET is cheaper at 0.50% per year. On volatility, VEMY has been the lower-risk option at 1.45%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, RIET or VEMY?

Over the 3-year period, VEMY has performed better with a 15.11% return vs 7.55%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, RIET or VEMY?

RIET is cheaper with a 0.50% expense ratio, compared with 0.58% for VEMY.

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

RIET has the higher dividend yield at 10.83%, compared with 8.31% for VEMY.

What is the main difference between RIET and VEMY?

RIET is categorized as REIT, while VEMY is Emerging Markets Bonds. They also come from different issuers: Pettee Investors and Virtus. Their fees differ too: 0.50% for RIET and 0.58% for VEMY.

Which has better risk-adjusted returns?

VEMY currently has the higher Sharpe Ratio (3.07 vs 0.90), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.