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HYEM vs VWO

VanEck Emerging Markets High Yield Bond ETF vs Vanguard Emerging Markets Stock Index Fund

HYEM

VanEck Emerging Markets High Yield Bond ETF

Annual cost

0.40%

Fund size

$511M

VWO

Vanguard Emerging Markets Stock Index Fund

Annual cost

0.06%

Fund size

$162.8B

Key differences

HYEM is a fixed income ETF, while VWO is an equity ETF. HYEM charges 0.40% a year and VWO 0.06%.

  • HYEM is a fixed income fund, while VWO is an equity fund. They carry different risk/return profiles.
  • VWO costs 0.34% less per year.
  • VWO is much larger than HYEM. Larger funds are usually more liquid and less likely to close.
  • Over the last three years, VWO has delivered higher annualized returns.
  • VWO has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

HYEMVWO
Annual cost (TER)0.40%0.06%
Fund size (AUM)$511M$162.8B
Since20122005
Dividend yield6.62%2.43%
Asset classfixed incomeequity
Regionemerging marketsemerging markets
Strategyindex trackingindex tracking
CAGR 1Y+9.9%+24.5%
CAGR 3Y+11.2%+17.8%
CAGR 5Y+3.0%+4.8%
Sharpe 3Y1.240.87
Volatility 1Y4.35%16.33%
Max drawdown-30.97%-36.39%

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