VCLN vs. VEMY

Last updated Aug 2, 2026

VCLN (Virtus Duff & Phelps Clean Energy ETF) and VEMY (Virtus Stone Harbor Emerging Markets High Yield Bond ETF) are both exchange-traded funds - VCLN is a Sustainable fund actively managed by Virtus, while VEMY is a Emerging Markets Bonds fund actively managed by Virtus. Both are actively managed. Over the past 3 years, VCLN returned 11.69%/yr vs 13.84%/yr for VEMY. Their 0.46 correlation means their historical movements had little consistent relationship. VCLN charges 0.59%/yr vs 0.58%/yr for VEMY.

Performance

VCLN vs. VEMY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Virtus Duff & Phelps Clean Energy ETF (VCLN) 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, VCLN achieves a 8.22% return, which is significantly higher than VEMY's 5.65% return.

VCLN

• 1D: 1.03%
• 1M: -7.57%
• 6M: -2.03%
• YTD: 8.22%
• 1Y: 36.06%
• 3Y*: 11.69%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 2.52%

VEMY

• 1D: 0.04%
• 1M: -0.85%
• 6M: 3.07%
• YTD: 5.65%
• 1Y: 12.83%
• 3Y*: 13.84%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 13.01%

*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)
VCLN Virtus Duff & Phelps Clean Energy ETF	$17.58K	$17.76K	$37.65K
VEMY Virtus Stone Harbor Emerging Markets High Yield Bond ETF	$966.52K	$884.39K	$876.68K

VCLN vs. VEMY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
VCLN Virtus Duff & Phelps Clean Energy ETF	8.22%	55.75%	-6.69%	-17.54%	-4.89%
VEMY Virtus Stone Harbor Emerging Markets High Yield Bond ETF	5.65%	15.27%	13.48%	14.45%	-1.43%

Correlation

The correlation between VCLN and VEMY is 0.33, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.33
Correlation (3Y) Balances recent behavior with more history.	0.45
Correlation (All Time) Calculated using the full available price history since Dec 13, 2022	0.46

The correlation between VCLN and VEMY shifts across timeframes, from 0.33 (1 year) to 0.46 (all time), reflecting how their relationship changes across market environments.

Return for Risk

VCLN vs. VEMY — Risk / Return Rank

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

VCLN

VCLN Risk / Return Rank: 45
VCLN Sharpe Ratio Rank: 47
VCLN Sortino Ratio Rank: 48
VCLN Omega Ratio Rank: 45
VCLN Calmar Ratio Rank: 40
VCLN Martin Ratio Rank: 44

VEMY

VEMY Risk / Return Rank: 89
VEMY Sharpe Ratio Rank: 88
VEMY Sortino Ratio Rank: 92
VEMY Omega Ratio Rank: 91
VEMY Calmar Ratio Rank: 85
VEMY Martin Ratio Rank: 91

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.

VCLN vs. VEMY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Virtus Duff & Phelps Clean Energy ETF (VCLN) 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.

	VCLN	VEMY	Difference
Sharpe ratio: Return per unit of total volatility	1.16	2.15	-0.99
Sortino ratio: Return per unit of downside risk	1.74	3.32	-1.57
Omega ratio: Gain probability vs. loss probability	1.21	1.43	-0.22
Calmar ratio: Return relative to maximum drawdown	1.39	3.23	-1.85
Martin ratio: Return relative to average drawdown	4.92	14.88	-9.96

VCLN vs. VEMY - Sharpe Ratio Comparison

The current VCLN Sharpe Ratio is 1.16, which is lower than the VEMY Sharpe Ratio of 2.15. The chart below compares the historical Sharpe Ratios of VCLN 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

VCLN vs. VEMY - Drawdown Comparison

The maximum VCLN drawdown since its inception was -45.66%, which is greater than VEMY's maximum drawdown of -8.77%. Use the drawdown chart below to compare losses from any high point for VCLN and VEMY.

Drawdown Indicators

	VCLN	VEMY	Difference
Max Drawdown Largest peak-to-trough decline	-45.66%	-8.77%	-36.89%
Max Drawdown (1Y) Largest decline over 1 year	-26.50%	-4.00%	-22.50%
Max Drawdown (3Y) Largest decline over 3 years	-26.50%	-6.57%	-19.93%
Max Drawdown (5Y) Largest decline over 5 years	-45.66%	—	—
Current Drawdown Current decline from peak	-23.13%	-1.07%	-22.06%
Average Drawdown Average peak-to-trough decline	-23.80%	-1.27%	-22.53%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.46%	0.87%	+6.59%

Volatility

VCLN vs. VEMY - Volatility Comparison

Virtus Duff & Phelps Clean Energy ETF (VCLN) has a higher volatility of 9.98% compared to Virtus Stone Harbor Emerging Markets High Yield Bond ETF (VEMY) at 1.13%. This indicates that VCLN'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

	VCLN	VEMY	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.98%	1.13%	+8.85%
Volatility (6M) Calculated over the trailing 6-month period	23.12%	4.52%	+18.60%
Volatility (1Y) Calculated over the trailing 1-year period	31.71%	6.02%	+25.69%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	27.79%	7.52%	+20.27%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.79%	7.52%	+20.27%

VCLN vs. VEMY - Expense Ratio Comparison

VCLN has a 0.59% expense ratio, which is higher than VEMY's 0.58% expense ratio.

Dividends

VCLN vs. VEMY - Dividend Comparison

VCLN's dividend yield for the trailing twelve months is around 1.93%, less than VEMY's 8.12% yield.

Position	TTM	2025	2024	2023	2022
VCLN Virtus Duff & Phelps Clean Energy ETF	1.93%	2.01%	1.16%	1.14%	0.65%
VEMY Virtus Stone Harbor Emerging Markets High Yield Bond ETF	8.12%	8.89%	10.28%	9.55%	0.00%

Frequently Asked Questions

Can I hold both VCLN and VEMY in my portfolio?

VCLN and VEMY have a correlation of 0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, VCLN or VEMY?

VCLN has higher volatility (9.98%) compared to VEMY (1.13%). In terms of maximum drawdown, VCLN dropped -45.66% vs VEMY's -8.77%.

Which ETF is better, VCLN or VEMY?

On 3-year performance, VEMY leads with 13.84% vs 11.69% for VCLN. On fees, VEMY is cheaper at 0.58% per year. On volatility, VEMY has been the lower-risk option at 1.13%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, VCLN or VEMY?

Over the 3-year period, VEMY has performed better with a 13.84% return vs 11.69%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, VCLN or VEMY?

VEMY is cheaper with a 0.58% expense ratio, compared with 0.59% for VCLN.

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

VEMY has the higher dividend yield at 8.12%, compared with 1.93% for VCLN.

What is the main difference between VCLN and VEMY?

VCLN is categorized as Sustainable, while VEMY is Emerging Markets Bonds. Their fees differ too: 0.59% for VCLN and 0.58% for VEMY.

Which has better risk-adjusted returns?

VEMY currently has the higher Sharpe Ratio (2.15 vs 1.16), 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.