VEMBX vs. EMBUX

Last updated Apr 2, 2026

Compare and contrast key facts about Vanguard Emerging Markets Bond Fund Investor Shares (VEMBX) and VanEck Emerging Markets Bond Fund (EMBUX).

VEMBX is managed by Vanguard. It was launched on Mar 10, 2016. EMBUX is managed by VanEck. It was launched on Jul 8, 2012.

Performance

VEMBX vs. EMBUX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Emerging Markets Bond Fund Investor Shares (VEMBX) and VanEck Emerging Markets Bond Fund (EMBUX). The values are adjusted to include any dividend payments, if applicable.

VEMBX vs. EMBUX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
VEMBX Vanguard Emerging Markets Bond Fund Investor Shares	-1.40%	14.32%	7.38%	13.66%	-13.18%	-1.53%	14.99%	17.72%	-0.89%	13.12%
EMBUX VanEck Emerging Markets Bond Fund	0.00%	15.82%	3.09%	9.34%	-7.21%	-4.30%	11.57%	13.10%	-6.21%	11.80%

Returns By Period

VEMBX

• 1D: 0.48%
• 1M: -2.88%
• YTD: -1.40%
• 6M: 1.85%
• 1Y: 9.48%
• 3Y*: 10.29%
• 5Y*: 4.09%
• 10Y*: —

EMBUX

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

VEMBX vs. EMBUX - Expense Ratio Comparison

VEMBX has a 0.55% expense ratio, which is lower than EMBUX's 0.95% expense ratio.

EMBUX

VanEck Emerging Markets Bond Fund

VEMBX

Vanguard Emerging Markets Bond Fund Investor Shares

Return for Risk

VEMBX vs. EMBUX — Risk / Return Rank

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

VEMBX

VEMBX Risk / Return Rank: 90
VEMBX Sharpe Ratio Rank: 91
VEMBX Sortino Ratio Rank: 92
VEMBX Omega Ratio Rank: 90
VEMBX Calmar Ratio Rank: 87
VEMBX 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.

VEMBX vs. EMBUX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Emerging Markets Bond Fund Investor Shares (VEMBX) and VanEck Emerging Markets Bond Fund (EMBUX). 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.

	VEMBX	EMBUX	Difference
Sharpe ratio Return per unit of total volatility	1.96	—	—
Sortino ratio Return per unit of downside risk	2.83	—	—
Omega ratio Gain probability vs. loss probability	1.41	—	—
Calmar ratio Return relative to maximum drawdown	2.33	—	—
Martin ratio Return relative to average drawdown	10.49	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	VEMBX	EMBUX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.96	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.65	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.02	—	—

Correlation

The correlation between VEMBX and EMBUX is 0.67, 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.

Dividends

VEMBX vs. EMBUX - Dividend Comparison

VEMBX's dividend yield for the trailing twelve months is around 5.66%, more than EMBUX's 3.58% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
VEMBX Vanguard Emerging Markets Bond Fund Investor Shares	5.66%	6.20%	6.86%	7.06%	5.43%	5.00%	4.50%	6.27%	4.81%	6.50%	0.00%	0.00%
EMBUX VanEck Emerging Markets Bond Fund	3.58%	5.54%	8.20%	5.49%	8.21%	5.50%	6.56%	7.89%	7.25%	7.66%	3.94%	6.84%

Drawdowns

Drawdown Indicators

	VEMBX	EMBUX	Difference
Max Drawdown Largest peak-to-trough decline	-24.36%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-4.16%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-24.36%	—	—
Current Drawdown Current decline from peak	-3.30%	—	—
Average Drawdown Average peak-to-trough decline	-3.93%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	0.95%	—	—

Volatility

Volatility by Period

	VEMBX	EMBUX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.13%	—	—
Volatility (6M) Calculated over the trailing 6-month period	2.90%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	5.07%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	6.29%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	6.37%	—	—