|Day Lo||-||Day Hi||-|
This ETF offers access to junk bonds from emerging markets issuers, an asset class that is generally excluded from long-term portfolios, but that has the potential to deliver impressive risk-adjusted returns. Most bond portfolios are dominated by holding in high quality debt of U.S. issuers. As such, HYEM offers unique exposure in two regards; it focuses on junk bonds of companies headquartered in emerging markets. As such, this ETF has the potential to bring geographic and currency diversification to a fixed income portfolio while also delivering returns materially higher than those on investment grade debt. HYEM focuses on U.S. dollar-denominated debt, which removes the foreign exchange rate risk from the equation. There are a number of other emerging markets bond ETFs that include currency exposure (such as ELD), though they generally include exposure to corporate as well as sovereign debt. HYEM offers similar exposure as EMHY for a fraction of the cost, increasing its appeal among cost-conscious investors.
The adjacent table gives investors an individual Realtime Rating for HYEM on several different metrics, including liquidity, expenses, performance, volatility, dividend, concentration of holdings in addition to an overall rating. The "A+ Metric Rated ETF" field, available to ETFdb Pro members, shows the ETF in the High Yield Bonds with the highest Metric Realtime Rating for each individual field. To view all of this data, sign up for a free 14-day trial for ETFdb Pro. To view information on how the ETFdb Realtime Ratings work, click here.View the Category Report
The following tables and charts contain in-depth metrics for this ETF and compare it to similar peer ETFs within its ETFdb Category.
|Cash And Equivalents||1.37%|
|Agency Mortgage Backed||0.0%|
|Non Agency Residential Mortgage Backed||0.0%|
|Commercial Mortgage Backed||0.0%|
|US Municipal Tax Advantaged||0.0%|
|0% to 1%||3.47%|
|1% to 2%||0.95%|
|2% to 3%||0.0%|
|3% to 4%||1.57%|
|4% to 5%||11.01%|
|5% to 6%||24.0%|
|6% to 7%||18.14%|
|7% to 8%||15.01%|
|8% to 9%||12.23%|
|9% to 10%||7.5%|
|Greater Than 10%||1.91%|
|Less Than 1 Year||0.0%|
This ETF is not currently available for commission free trading on any platforms.
There are 18 other ETFs in the High Yield Bonds ETFdb Category that are also eligible for commission free trading:
This section shows how this ETF has performed relative to its peer group ETFdb Category.
The following charts can be customized to display historical performance in a number of different formats, including line charts, bar charts, and candlesticks. Time periods can be adjusted to increase or decrease the period shown, ranging from five minutes to several months.
The following chart also includes the option to compare the performance of HYEM relative to other ETFs and benchmarks or to include indicators such as Bollinger Bands, relative strength, and moving averages.
This section shows how the volatility of this ETF compares to the peer group ETFdb Category.
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