NEMD vs VYM
Neuberger Berman Emerging Markets Debt Hard Currency ETF vs Vanguard High Dividend Yield ETF
Quick Verdict
VYM has a lower expense ratio. VYM delivered stronger 1-year returns. VYM offers more diversification with 558 holdings.
Side-by-Side Comparison
| Metric | NEMD | VYM | Winner |
|---|---|---|---|
| Expense Ratio | 0.60% | 0.04% | |
| AUM | - | $79.0B | |
| Dividend Yield | - | 2.86% | |
| Holdings | 244 | 568 | |
| YTD Return | +3.99% | +16.10% | |
| 1Y Return | +11.45% | +25.99% | |
| 3Y Return (annualized) | - | +18.29% | |
| 5Y Return (annualized) | - | +12.35% | |
| Volatility (annualized) | 5.5% | 14.6% | |
| Max Drawdown | -4.4% | -58.8% | |
| Fund Family | Neuberger Berman | Vanguard (US) | |
| Category | Fixed Income | Equity | |
| Inception | Aug 11, 2025 | Nov 10, 2006 |
NEMD vs VYM Performance
Neuberger Berman Emerging Markets Debt Hard Currency ETF (NEMD) is a ETF from Neuberger Berman and Vanguard High Dividend Yield ETF (VYM) is a ETF from Vanguard (US). Over the past year NEMD returned +11.45% while VYM returned +25.99%. Year to date, NEMD is up 3.99% versus a gain of 16.10% for VYM.
Risk: Volatility and Drawdowns
VYM has been the more volatile fund, with annualized monthly volatility of 14.6% compared with 5.5% for NEMD. 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 -4.4% for NEMD and -58.8% for VYM. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.65. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
NEMD charges 0.60% per year while VYM charges 0.04%. On a $10,000 position that is $60 vs $4 annually, a gap of $56 per year that compounds over a long holding period.
Holdings Overlap
NEMD and VYM share 0 holdings out of 610 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, NEMD or VYM?
NEMD has an expense ratio of 0.60% while VYM charges 0.04%. VYM is the cheaper option. On a $10,000 investment, that is $56 per year of difference.
Which performed better, NEMD or VYM?
Over the past year NEMD returned +11.45% vs +25.99% for VYM, so VYM leads on 1-year performance. Past performance does not guarantee future results.
Which is riskier, NEMD or VYM?
VYM has been the more volatile fund at 14.6% annualized versus 5.5% for NEMD. Worst drawdown: NEMD -4.4% vs VYM -58.8%.
Should I hold both NEMD and VYM?
NEMD and VYM have a monthly-return correlation of 0.65, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between NEMD and VYM?
NEMD and VYM share 0 common holdings with a 0.0% weight overlap. Combined, they hold 610 unique securities.
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