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ETFs

VanEck Emerging Markets High Yield Bond ETF

HYEM
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
May 08 2012
Expense Ratio
0.40%
Type
Global Bonds
Fund Owner
Van Eck Associates Corporation
Volume (1m avg. daily)
$1,904,262
AUM
$383,613,000
Associated Index
ICE BofA Diversified High Yield US Emerging Markets Corporate Plus Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

n/a
Industrial & Commercial Bank of China Ltd. - FXDFR BD UNDATED USD 200000 - 238342171
2.23%
n/a
Bank of Communications Co., Ltd. - FXDFR BD PERPETUAL USD 1000 - REG S
1.11%
n/a
CASH
1.10%
TFAB
Teva Pharma Fin 3.15 % Notes 2016-01.10.26 Gtd Global
0.94%
SOUG4345545
Southern Gas Corridor Cjsc
0.80%
n/a
Dp World Salaam
0.62%
FQVLF5047995
First Quantum Minerals Ltd
0.60%
AVNC5317626
Avianca Midco 2 Plc
0.59%
TUWLF5180969
Tullow Oil Plc
0.59%
FQVLF5589453
First Quantum Minerals Ltd
0.55%
Invest with HYEM

What is HYEM?

VanEck Emerging Markets High Yield Bond ETF (HYEM) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of ICE BofA Diversified High Yield US Emerging Markets Corporate Plus Index (EMHY). The Index is comprised of U.S. dollar denominated bonds issued by non-sovereign emerging market (EM) issuers that are rated below investment grade.

ETFs related toHYEM

ETFs correlated to HYEM include EMHY, PCY, EMB

HYEM
VanEck ETF Trust - VanEck Emerging Markets High Yield Bond ETF
EMHY
BlackRock Institutional Trust Company N.A. - iShares J.P. Morgan EM High Yield Bond ETF
PCY
Invesco Capital Management LLC - Invesco Emerging Markets Sovereign Debt ETF
EMB
BlackRock Institutional Trust Company N.A. - iShares J.P. Morgan USD Emerging Markets Bond ETF
VWOB
Vanguard Group, Inc. - Vanguard Emerging Markets Government Bond ETF
CEMB
BlackRock Institutional Trust Company N.A. - iShares J.P. Morgan EM Corporate Bond ETF
JPMB
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan USD Emerging Markets Sovereign Bond ETF
AOK
BlackRock Institutional Trust Company N.A. - iShares Core Conservative Allocation ETF
AOM
BlackRock Institutional Trust Company N.A. - iShares Core Moderate Allocation ETF
DIAL
Columbia ETF Trust I - Columbia Diversified Fixed Income Allocation ETF
CGMS
Capital Group Fixed Income ETF Trust - Capital Group U.S. Multi-Sector Income

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toHYEM

#RB

Rotating Bonds

Category

Getting Defensive, Diversification

Risk Rating

Moderate

#SD

Smarter Dividends

Category

Composer's Picks, Investing for the Long-Term

Risk Rating

Moderate

Create your own algorithmic trading strategy with HYEM using Composer

FAQ

HYEM is a Global Bonds ETF. VanEck Emerging Markets High Yield Bond ETF (HYEM) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of ICE BofA Diversified High Yield US Emerging Markets Corporate Plus Index (EMHY). The Index is comprised of U.S. dollar denominated bonds issued by non-sovereign emerging market (EM) issuers that are rated below investment grade.

HYEM tracks the ICE BofA Diversified High Yield US Emerging Markets Corporate Plus Index.

No, HYEM is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, HYEM is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on HYEM is 0.0056%. This is the percent change in the value of HYEM over the most recent 1-month period. The 3-month return on HYEM is -0.0032%. This is the percent change in the value of HYEM over the most recent 3-month period.

The standard deviation of HYEM for the past year is 0.0823%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to HYEM include IGSB, VCIT, and LQD.

ETFs correlated to HYEM include EMHY, PCY, and EMB.

ETFs that are inversely correlated to HYEM include SJB, EFZ, and EDZ.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.