VanEck Emerging Markets High Yield Bond ETF
$19.41−0.01 (−0.03%)
- 0.40%
- $511M
- +5.0%
- 7.04%
- 0.2M sh
- $19.41
- low $19.20high $20.36
The ETF.net HYEM Grade
B
Score 65 out of 100
- 3 of 13
Score 65 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.A70 out of 100Rank 3 of 13Mission
Whether the fund did what it promised, tested against its stated mandate.C49 out of 100Rank 10 of 11Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.B55 out of 100Rank 6 of 13Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.A86 out of 100Rank 2 of 13Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A79 out of 100Rank 2 of 13Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A76 out of 100Rank 3 of 13
Our read on HYEM
BMost funds in the high yield aisle buy American junk. HYEM leaves the country: a passive index of emerging markets corporate high yield, roughly 500 bonds deep, trading since 2012 and paying monthly.
HYEM seeks to track, before fees and expenses, the price and yield performance of the ICE BofA Diversified High Yield US Emerging Markets Corporate Plus Index.
Why people hold it
- A specialist, not a core holding. It passively tracks an ICE BofA index of emerging markets high yield corporate bonds, a corner most funds in this cohort never touch.
- Spread thin on purpose: roughly 500 bonds, so no single issuer or borrower carries the fund.
- Running since 2012 and paying monthly, with a 0.40% fee that lands right at the median for high yield bond ETFs.
- Lands in the upper half of a crowded high yield field, helped by its broad bond lineup and how smoothly it trades.
Worth knowing
- That 0.40% is median for the category but many times what plain US junk funds charge (SCYB at 0.03%, SPHY at 0.05%). The fee buys the emerging markets mandate, not broad high yield beta.
- Emerging markets credit stacks country and political risk on top of ordinary default risk, so it can behave quite differently from US high yield.
- Moderately traded rather than a giant of the aisle, so limit orders and size discipline matter more here than in the mega-funds.
HYEM Holdings
- Other
- 545
- 7%
- Provincia De Buenos Aires/Government Bo
Sectors
- Industrials100.0%
Geography
- Argentina10.47%
- Turkey9.11%
- Cayman Islands7.86%
- Mexico7.68%
- United Kingdom6.83%
- Colombia6.26%
- Luxembourg5.33%
- India3.53%
- 42.93%
Developed 24% · Emerging 76%
HYEM Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
HYEM$10,503
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | HYEM |
|---|---|
| Year to date | +2.7% |
| 1 month | −1.7% |
| 3 months | −1.5% |
| 1 year | +5.0% |
| 3 years | +10.4% |
| 5 years | +3.5% |
| 10 years | +3.9% |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | HYEM |
|---|---|---|
| 2026 YTD | +2.7% | |
| 2025 | +9.2% | |
| 2024 | +12.1% | |
| 2023 | +8.3% | |
| 2022 | −13.4% | |
| 2021 | −1.3% | |
| 2020 | +6.9% |
HYEM in the news
HYEM Dividends
- 7.04%
- $1.37
- $0.11 per share
- Monthly
Distribution history
HYEM Risk
- 5.0%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 1.02
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −24.7%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.51
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
HYEM Cost
0.40%
HYEM0.40%
- The middle half of International High Yield Bond funds
- Median 0.46%
2 of the 13 International High Yield Bond funds charge less.
Other funds in International High Yield Bond
- AHYDBiShares High Yield Systematic Bond ETFExpense ratio 0.35%1 year return +2.6%
- ASYFIAlliance Bernstein - AB Short Duration High Yield ETFExpense ratio 0.40%1 year return +4.0%
- BGHYGiShares US & Intl High Yield Corp Bond ETFExpense ratio 0.40%1 year return +1.1%
- BPGHYInvesco Global ex-US High Yield Corporate Bond ETFExpense ratio 0.35%1 year return +3.3%
- BEMHYiShares J.P. Morgan EM High Yield Bond ETFExpense ratio 0.50%1 year return +5.4%