XEM-USD vs. EMHY
Compare and contrast key facts about NEM (XEM-USD) and iShares J.P. Morgan EM High Yield Bond ETF (EMHY).
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: XEM-USD or EMHY.
Key characteristics
| XEM-USD | EMHY | |
|---|---|---|
| YTD Return | -51.41% | 12.79% |
| 1Y Return | -47.51% | 21.80% |
| 3Y Return (Ann) | -53.56% | 2.93% |
| 5Y Return (Ann) | -14.06% | 2.80% |
| Sharpe Ratio | -0.77 | 3.29 |
| Sortino Ratio | -1.22 | 4.90 |
| Omega Ratio | 0.87 | 1.63 |
| Calmar Ratio | 0.23 | 1.56 |
| Martin Ratio | -1.27 | 26.78 |
| Ulcer Index | 59.59% | 0.83% |
| Daily Std Dev | 78.16% | 6.77% |
| Max Drawdown | -99.32% | -30.11% |
| Current Drawdown | -98.97% | -0.18% |
Correlation
The correlation between XEM-USD and EMHY is 0.14, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
XEM-USD vs. EMHY - Performance Comparison
In the year-to-date period, XEM-USD achieves a -51.41% return, which is significantly lower than EMHY's 12.79% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
XEM-USD vs. EMHY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for NEM (XEM-USD) 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.
Drawdowns
XEM-USD vs. EMHY - Drawdown Comparison
The maximum XEM-USD drawdown since its inception was -99.32%, which is greater than EMHY's maximum drawdown of -30.11%. Use the drawdown chart below to compare losses from any high point for XEM-USD and EMHY. For additional features, visit the drawdowns tool.
Volatility
XEM-USD vs. EMHY - Volatility Comparison
NEM (XEM-USD) has a higher volatility of 18.32% compared to iShares J.P. Morgan EM High Yield Bond ETF (EMHY) at 2.01%. This indicates that XEM-USD'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.