HYEM: VanEck Emerging Markets High Yield Bond ETF
About
HYEM was created on 2012-05-09 by VanEck. The fund's investment portfolio concentrates primarily on high yield fixed income. The ETF currently has 406.9m in AUM and 515 holdings. HYEM tracks an index that measures the performance of sub-investment-grade corporate debt from emerging markets.
Current Value
$19.561 Year Return
Current Value
$19.561 Year Return
Key Details
Assets Under Management
$408.28M
Div Yield %
6.15%
P/E Ratio
-
Net Asset Value
$19.64
Expense Ratio
0.40%
1Y ETF Return
0.15%
Strategies that include HYEM
Stock's related to HYEM
Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| MSCI | 31.54% | $46.80B | +13.76% | 1.07% |
| UPLD | 28.12% | $87.26M | -26.39% | 0.00% |
| LPX | 26.59% | $7.84B | +85.45% | 0.70% |
| CE | 26.58% | $7.89B | -44.64% | 3.89% |
| VIAV | 26.57% | $2.16B | +23.26% | 0.00% |
| OCFC | 26.56% | $1.18B | +47.18% | 4.00% |
| ODD | 26.56% | $2.30B | +12.19% | 0.00% |
| TFIN | 26.55% | $2.34B | +43.04% | 0.00% |
| VLRS | 26.55% | $950.73M | +23.84% | 0.00% |
| AZTA | 26.55% | $2.00B | -28.24% | 0.00% |
| ETN | 26.54% | $143.73B | +60.21% | 1.02% |
| TCBI | 26.53% | $3.97B | +60.71% | 0.00% |
| HOUS | 26.52% | $459.51M | -15.54% | 0.00% |
| PTCT | 26.52% | $3.04B | +80.14% | 0.00% |
| ASH | 26.52% | $3.73B | -1.96% | 2.08% |
| PGC | 26.52% | $646.96M | +45.76% | 0.55% |
| TCBK | 26.51% | $1.55B | +31.56% | 2.74% |
| ESE | 26.51% | $3.77B | +40.05% | 0.22% |
| BWB | 26.50% | $406.17M | +41.99% | 0.00% |
| REFI | 26.50% | $311.99M | +6.37% | 11.85% |
Uncorrelated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| WHLM | 0.03% | $17.64M | -29.34% | 0.00% |
| OPRT | 0.03% | $112.95M | +40.81% | 0.00% |
| VIRT | -0.11% | $3.17B | +110.38% | 2.60% |
| SAVA | 0.12% | $1.35B | +25.50% | 0.00% |
| POAI | -0.14% | $4.29M | -78.60% | 0.00% |
| IRBT | -0.19% | $220.33M | -75.58% | 0.00% |
| UUU | 0.21% | $4.97M | -41.89% | 0.00% |
| REX | -0.22% | $772.08M | +19.14% | 0.00% |
| NHTC | 0.24% | $61.83M | +0.19% | 14.81% |
| LFWD | 0.29% | $16.21M | -63.99% | 0.00% |
| COR | -0.29% | $47.48B | +21.20% | 0.86% |
| LPTH | 0.31% | $62.27M | +33.05% | 0.00% |
| AMBC | 0.35% | $584.50M | -17.09% | 0.00% |
| LPLA | 0.37% | $23.55B | +38.13% | 0.38% |
| MLCO | 0.41% | $2.51B | -16.48% | 0.00% |
| ALAR | 0.52% | $89.09M | +158.08% | 0.00% |
| FTNT | 0.55% | $69.59B | +72.67% | 0.00% |
| HDSN | -0.57% | $260.34M | -54.39% | 0.00% |
| RILY | 0.59% | $145.72M | -79.86% | 20.75% |
| ADTN | -0.59% | $627.65M | +47.76% | 0.00% |
Inversely Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| HUSA | -18.10% | $16.69M | -11.56% | 0.00% |
| PRPO | -13.34% | $9.10M | -13.65% | 0.00% |
| GAN | -12.17% | $83.39M | +21.19% | 0.00% |
| HIHO | -11.19% | $8.63M | 0.00% | 6.12% |
| CBOE | -10.20% | $21.46B | +15.84% | 1.11% |
| CPRI | -10.08% | $2.36B | -58.95% | 0.00% |
| MNOV | -8.49% | $93.19M | +2.15% | 0.00% |
| RLMD | -8.36% | $89.92M | +1.36% | 0.00% |
| BNED | -7.82% | $277.22M | -91.94% | 0.00% |
| QTTB | -7.43% | $354.34M | +188.64% | 0.00% |
| MCK | -7.18% | $78.15B | +35.51% | 0.42% |
| HUM | -6.79% | $33.45B | -45.22% | 1.25% |
| CPB | -6.56% | $12.96B | +7.08% | 3.40% |
| CNC | -6.09% | $29.19B | -21.56% | 0.00% |
| SCWX | -5.80% | $743.12M | +40.27% | 0.00% |
| MOH | -5.79% | $16.16B | -21.56% | 0.00% |
| TEM | -5.69% | $8.50B | 0.00% | 0.00% |
| APRE | -5.67% | $16.41M | -19.47% | 0.00% |
| PGR | -5.36% | $149.10B | +57.29% | 0.45% |
| K | -5.12% | $27.77B | +52.50% | 2.79% |
ETF's related to HYEM
News
SeekingAlpha
Despite widespread concerns about whether the Federal Reserve could hike rates enough to lower inflation without sparking a recession, the economy has remained resilient.
SeekingAlpha
Over the past decade, EM corporate bonds have allowed for participation in rising markets, while exposing investors to less downside during market downdrafts. Read more here...
SeekingAlpha
Dark clouds hanging over the market due to the threat of sizable tariffs that could be at odds with the current global, rules-based cooperation model. Click to read.
SeekingAlpha
The U.S. Federal Reserve (Fed) has joined the rest of the major central banks with its first rate cut.
SeekingAlpha
The journey to economic normalization is winding down, with the Fed suggesting eight policy-rate cuts on the way that will extend through 2025.
SeekingAlpha
Emerging market debtâs composition, risk, return, and correlation characteristics have transformed over the years. Click to read.
Disclaimer
Information on this page is obtained from our data provider, Xignite, an unaffiliated third party. Double believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate. We also show information based on calculations performed by Double using data from our provider. Double believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.