VEMY vs. LSYIX

Last updated Jun 20, 2026

VEMY (Virtus Stone Harbor Emerging Markets High Yield Bond ETF) and LSYIX (Lord Abbett Short Duration High Yield Fund) are both funds - VEMY is a Emerging Markets Bonds fund actively managed by Virtus, while LSYIX is a High Yield Bonds fund managed by Lord Abbett. Over the past 3 years, VEMY returned 15.11%/yr vs 8.65%/yr for LSYIX. A 0.58 correlation means they provide meaningful diversification when combined. VEMY charges 0.58%/yr vs 0.45%/yr for LSYIX.

Performance

VEMY vs. LSYIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Virtus Stone Harbor Emerging Markets High Yield Bond ETF (VEMY) and Lord Abbett Short Duration High Yield Fund (LSYIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, VEMY achieves a 6.70% return, which is significantly higher than LSYIX's 2.45% return.

VEMY

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

LSYIX

• 1D: 0.10%
• 1M: 1.08%
• YTD: 2.45%
• 6M: 3.31%
• 1Y: 8.26%
• 3Y*: 8.65%
• 5Y*: 4.68%
• 10Y*: —

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

VEMY vs. LSYIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
VEMY Virtus Stone Harbor Emerging Markets High Yield Bond ETF	6.70%	15.27%	13.48%	14.45%	-1.43%
LSYIX Lord Abbett Short Duration High Yield Fund	2.45%	7.71%	8.65%	10.63%	-0.31%

Correlation

The correlation between VEMY and LSYIX is 0.63, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.63
Correlation (3Y) Calculated over the trailing 3-year period	0.56
Correlation (All Time) Calculated using the full available price history since Dec 13, 2022	0.58

The correlation between VEMY and LSYIX has been stable across timeframes, ranging from 0.56 to 0.63 - a consistent structural relationship.

Return for Risk

VEMY vs. LSYIX — Risk / Return Rank

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

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

LSYIX

LSYIX Risk / Return Rank: 82
LSYIX Sharpe Ratio Rank: 78
LSYIX Sortino Ratio Rank: 93
LSYIX Omega Ratio Rank: 88
LSYIX Calmar Ratio Rank: 67
LSYIX Martin Ratio Rank: 84

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.

VEMY vs. LSYIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Virtus Stone Harbor Emerging Markets High Yield Bond ETF (VEMY) and Lord Abbett Short Duration High Yield Fund (LSYIX). 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.

	VEMY	LSYIX	Difference
Sharpe ratio: Return per unit of total volatility	3.07	2.33	+0.74
Sortino ratio: Return per unit of downside risk	4.72	4.32	+0.40
Omega ratio: Gain probability vs. loss probability	1.63	1.56	+0.07
Calmar ratio: Return relative to maximum drawdown	4.65	2.93	+1.72
Martin ratio: Return relative to average drawdown	22.07	14.28	+7.79

VEMY vs. LSYIX - Sharpe Ratio Comparison

The current VEMY Sharpe Ratio is 3.07, which is higher than the LSYIX Sharpe Ratio of 2.33. The chart below compares the historical Sharpe Ratios of VEMY and LSYIX, 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

VEMY vs. LSYIX - Drawdown Comparison

The maximum VEMY drawdown since its inception was -8.77%, smaller than the maximum LSYIX drawdown of -10.79%. Use the drawdown chart below to compare losses from any high point for VEMY and LSYIX.

Drawdown Indicators

	VEMY	LSYIX	Difference
Max Drawdown Largest peak-to-trough decline	-8.77%	-10.79%	+2.02%
Max Drawdown (1Y) Largest decline over 1 year	-4.00%	-2.83%	-1.17%
Max Drawdown (3Y) Largest decline over 3 years	-6.57%	-5.29%	-1.28%
Max Drawdown (5Y) Largest decline over 5 years	—	-10.79%	—
Current Drawdown Current decline from peak	-0.09%	-0.10%	+0.01%
Average Drawdown Average peak-to-trough decline	-1.30%	-1.84%	+0.54%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.84%	0.58%	+0.26%

Volatility

VEMY vs. LSYIX - Volatility Comparison

Virtus Stone Harbor Emerging Markets High Yield Bond ETF (VEMY) has a higher volatility of 1.45% compared to Lord Abbett Short Duration High Yield Fund (LSYIX) at 1.00%. This indicates that VEMY's price experiences larger fluctuations and is considered to be riskier than LSYIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VEMY	LSYIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.45%	1.00%	+0.45%
Volatility (6M) Calculated over the trailing 6-month period	4.73%	2.81%	+1.92%
Volatility (1Y) Calculated over the trailing 1-year period	6.08%	3.56%	+2.52%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	7.61%	4.33%	+3.28%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	7.61%	4.22%	+3.39%

VEMY vs. LSYIX - Expense Ratio Comparison

VEMY has a 0.58% expense ratio, which is higher than LSYIX's 0.45% expense ratio.

Dividends

VEMY vs. LSYIX - Dividend Comparison

VEMY's dividend yield for the trailing twelve months is around 8.31%, more than LSYIX's 8.06% yield.

Position	TTM	2025	2024	2023	2022	2021	2020
LSYIX Lord Abbett Short Duration High Yield Fund	8.06%	8.11%	8.18%	6.51%	5.01%	5.96%	4.75%
VEMY Virtus Stone Harbor Emerging Markets High Yield Bond ETF	8.31%	8.89%	10.28%	9.55%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both VEMY and LSYIX in my portfolio?

VEMY and LSYIX have a correlation of 0.63, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, VEMY or LSYIX?

VEMY has higher volatility (1.45%) compared to LSYIX (1.00%). In terms of maximum drawdown, VEMY dropped -8.77% vs LSYIX's -10.79%.

Which has better risk-adjusted returns?

VEMY currently has the higher Sharpe Ratio (3.07 vs 2.33), 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.