EMLC vs VYM
VanEck JP Morgan EM Local Currency Bond ETF vs Vanguard High Dividend Yield ETF
Which is better, EMLC or VYM?
VYM has been ahead.
VYM has a lower expense ratio. VYM led over 1Y, 3Y, 5Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | EMLC | VYM |
|---|---|---|
| Expense Ratio | 0.30% | 0.04%Best |
| AUM | $4.8B | $81.6B |
| Dividend Yield | 6.16% | 2.22% |
| Holdings | 498 | 613 |
| YTD Return | +2.02% | +10.96%Best |
| 1Y Return | +5.09% | +15.42%Best |
| 3Y Return (annualized) | +7.90% | +17.78%Best |
| 5Y Return (annualized) | +2.09% | +12.05%Best |
| Volatility (annualized) | 11.1%Best | 12.9% |
| Max Drawdown | -56.3% | -35.7%Best |
| $10,000 over 5 years | $11,090 | $17,663Best |
| Fund Family | VanEck | Vanguard (US) |
| Category | Fixed Income | Equity |
| Style | - | Large Cap Value |
| Inception | Jul 22, 2010 | Nov 10, 2006 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Jul 23, 2010 to Sep 22, 2026 (16.2 years).
EMLC vs VYM growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 16.2 years both funds cover.
EMLC vs VYM Performance
VanEck JP Morgan EM Local Currency Bond ETF (EMLC) is an ETF from VanEck and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year EMLC returned +5.09% while VYM returned +15.42%. Year to date, EMLC is up 2.02% versus a gain of 10.96% for VYM.
Over three years, EMLC compounded at +7.90% per year against +17.78% for VYM; over five years the annualized figures are +2.09% and +12.05% respectively. Across the full 16-year window we track, VYM has the edge at +10.38% annualized vs -2.33%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VYM has been the more volatile fund, with annualized monthly volatility of 12.9% compared with 11.1% for EMLC. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -56.3% for EMLC and -35.7% for VYM. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.55. They move together some of the time, and apart the rest.
Fees and Cost Over Time
EMLC charges 0.30% per year while VYM charges 0.04%. On a $10,000 position that is $30 vs $4 annually, a gap of $26 per year that compounds over a long holding period. On income, EMLC currently yields 6.16% against 2.22% for VYM.
Holdings Overlap
We hold position weights for 10 holdings in EMLC and 557 in VYM, totalling 2.1% and 99.2% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 10 positions we hold weights for in EMLC and 557 in VYM, against full books of 498 and 613.
You are not choosing between two funds in isolation.
Whichever of EMLC and VYM you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, EMLC or VYM?
EMLC has an expense ratio of 0.30% while VYM charges 0.04%. VYM is the cheaper option, by $26 a year on a $10,000 investment.
Which performed better, EMLC or VYM?
Over the past year EMLC returned +5.09% vs +15.42% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (16 years), EMLC annualized -2.33% vs +10.38% for VYM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, EMLC or VYM?
VYM has been the more volatile fund at 12.9% annualized versus 11.1% for EMLC. Worst drawdown: EMLC -56.3% vs VYM -35.7%.
Should I hold both EMLC and VYM?
EMLC and VYM have a monthly-return correlation of 0.55, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, EMLC or VYM?
EMLC yields 6.16% while VYM yields 2.22%, so EMLC currently pays the higher dividend yield.
Is VYM better than EMLC?
VYM has a lower expense ratio. VYM led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.