XEM.TO vs. EMHY
Compare and contrast key facts about iShares MSCI Emerging Markets Index ETF (XEM.TO) and iShares J.P. Morgan EM High Yield Bond ETF (EMHY).
XEM.TO and EMHY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XEM.TO is a passively managed fund by iShares that tracks the performance of the Morningstar EM GR CAD. It was launched on Jun 18, 2009. 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. Both XEM.TO and EMHY are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: XEM.TO or EMHY.
Correlation
The correlation between XEM.TO and EMHY is 0.48, 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.
Performance
XEM.TO vs. EMHY - Performance Comparison
Key characteristics
XEM.TO:
1.53
EMHY:
2.43
XEM.TO:
2.22
EMHY:
3.46
XEM.TO:
1.28
EMHY:
1.47
XEM.TO:
0.91
EMHY:
2.25
XEM.TO:
6.29
EMHY:
17.29
XEM.TO:
3.21%
EMHY:
0.86%
XEM.TO:
13.21%
EMHY:
6.07%
XEM.TO:
-35.27%
EMHY:
-30.11%
XEM.TO:
-6.97%
EMHY:
-0.26%
Returns By Period
In the year-to-date period, XEM.TO achieves a 5.36% return, which is significantly higher than EMHY's 2.42% return. Over the past 10 years, XEM.TO has underperformed EMHY with an annualized return of 4.08%, while EMHY has yielded a comparatively higher 4.33% annualized return.
XEM.TO
5.36%
4.02%
8.53%
19.64%
3.74%
4.08%
EMHY
2.42%
1.40%
5.07%
14.29%
2.16%
4.33%
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XEM.TO vs. EMHY - Expense Ratio Comparison
XEM.TO has a 0.81% expense ratio, which is higher than EMHY's 0.50% expense ratio.
Risk-Adjusted Performance
XEM.TO vs. EMHY — Risk-Adjusted Performance Rank
XEM.TO
EMHY
XEM.TO vs. EMHY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Emerging Markets Index ETF (XEM.TO) 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.
Dividends
XEM.TO vs. EMHY - Dividend Comparison
XEM.TO's dividend yield for the trailing twelve months is around 1.98%, less than EMHY's 6.94% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
XEM.TO iShares MSCI Emerging Markets Index ETF | 1.98% | 2.08% | 2.39% | 2.10% | 1.91% | 1.28% | 2.57% | 1.96% | 1.78% | 1.96% | 2.22% | 2.15% |
EMHY iShares J.P. Morgan EM High Yield Bond ETF | 6.94% | 6.87% | 6.73% | 7.08% | 5.59% | 5.44% | 5.72% | 6.80% | 5.59% | 6.43% | 6.99% | 6.37% |
Drawdowns
XEM.TO vs. EMHY - Drawdown Comparison
The maximum XEM.TO drawdown since its inception was -35.27%, 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.TO and EMHY. For additional features, visit the drawdowns tool.
Volatility
XEM.TO vs. EMHY - Volatility Comparison
iShares MSCI Emerging Markets Index ETF (XEM.TO) has a higher volatility of 3.71% compared to iShares J.P. Morgan EM High Yield Bond ETF (EMHY) at 1.24%. This indicates that XEM.TO'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.