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EMCB vs VWOB

WisdomTree Emerging Markets Corporate Bond Fund

EMCBDNasdaq

Vanguard Emerging Markets Government Bond ETF

VWOBANasdaq

Overlap

No data

Expense ratio

VWOB −0.46pt a year

EMCB0.61%VWOB0.15%

Avg volume · 30D

VWOB 124.9×the volume

EMCB4.59KVWOB573K

10Y return · a year

EMCB +0.7pt

EMCB+3.5%VWOB+2.8%

EMCB vs VWOB Performance

Oct 29, 2021 – Oct 30, 2026

+9.6%EMCB+8.4%VWOB

Oct 29, 2021 to Oct 30, 2026. EMCB +9.6%. VWOB +8.4%. Use the arrow keys to read each point.−20%−10%0%Oct 2021Apr 2024Oct 2026
Expense ratio
EMCB 0.61%
VWOB 0.15%, better
Fund size
EMCB $99M
VWOB $6.6B
1Y total return
EMCB +0.7%, better
VWOB −0.3%
Yield (12M)
EMCB 5.58%
VWOB 6.07%, better
Holdings
EMCB 216
VWOB 941
Avg volume (30D)
EMCB 4.59K sh
VWOB 573K sh, better
NAV per share
EMCB $64.10
VWOB $63.97
52W range

ETF.net Grade

EMCB: Cost 6, Risk 52, Mission 37, Tradability 38, Holdings 57, Durability 63. VWOB: Cost 97, Risk 46, Mission 100, Tradability 81, Holdings 82, Durability 95.
Pillar letters and Scores for EMCB, VWOB, with each pillar’s weight
PillarEMCBVWOB
Cost30% weightF6A97Higher
Mission25% weightD37A100Higher
Risk15% weightC52HigherC46
Tradability15% weightD38A81Higher
Holdings10% weightB57A82Higher
Durability5% weightB63A95Higher

Rank among Emerging Markets Bonds (US Dollar) funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. EMCB and VWOB are both graded against the same 17 Emerging Markets Bonds (US Dollar) funds, so their Grades compare head to head.

Emerging Markets Bonds (US Dollar)⁠

Category · 17 funds
See all 17 ›

VWOB ranks 1st and EMCB 14th of 17 funds in the Emerging Markets Bonds (US Dollar) Category.

  1. Rank 1AVWOBVanguard Emerging Markets Government Bond ETFScore 85
  2. Rank 2AXEMDBondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETFScore 83
  3. Rank 13CNEMDNeuberger Berman Emerging Markets Debt Hard Currency ETFScore 46
  4. Rank 14DEMCBWisdomTree Emerging Markets Corporate Bond FundScore 33
  5. Rank 14DJEMBJanus Henderson Emerging Markets Debt Hard Currency ETFScore 33

Our read on each fund

ETF.net Research

EMCBDWisdomTree Emerging Markets Corporate Bond Fund

VWOBAVanguard Emerging Markets Government Bond ETF

In short

EMCB One of the original emerging-market corporate bond ETFs (2012): dollar-denominated company debt instead of government paper, picked by an active manager rather than tracked. Fee is 0.61%, above the category norm.

VWOB Emerging-market government debt, Vanguard-style: about 200 dollar bonds from sovereigns and state-backed borrowers, indexed and capped so no one issuer dominates, for 0.15% a year. Income lands monthly.

Stated mandate

EMCB The Fund seeks a high level of total return from income and capital appreciation by investing in corporate debt issued by entities domiciled in or economically tied to emerging-market countries.

VWOB The Fund seeks to track an index of U.S. dollar-denominated bonds issued by governments and government-related issuers in emerging-market countries.

Why people hold it

  • EMCB Corporate credit, not sovereigns. Index giants like EMB and BEMB lean on government debt; EMCB's mandate is debt from companies domiciled in or tied to emerging markets.wisdomtree.com
  • Actively run, sub-advised by Voya, with portfolio duration kept between two and ten years. Bonds are USD-denominated, so no local-currency exchange-rate exposure.wisdomtree.com
  • Pays monthly, and has been trading since March 2012, through multiple emerging-market credit cycles.
  • VWOB 0.15% a year, versus 0.39% on the category's flagship, EMB. In emerging-market debt, where fees run rich, that gap is the whole pitch.ishares.com
  • Dollar-denominated only. Local-law bonds are excluded, so a slide in the peso or the lira doesn't hit these prices directly. Credit risk, not currency risk.bbhub.io
  • About 200 bonds spread across sovereign and government-related issuers, with index caps that keep any one borrower from swallowing the fund.bbhub.io
  • A multi-billion-dollar fund that trades actively, with monthly distributions.

Worth knowing

  • EMCB At 0.61% with no waiver, it costs more than the category median and more than index peers BEMB (0.15%), EMHC (0.23%) and EMB (0.39%). Active selection is what the extra buys.
  • One of the smaller, more lightly traded funds in the category, which can mean wider bid/ask spreads than the category's heavyweights.
  • Roughly 170 bonds, mostly intermediate maturities, carrying emerging-market corporate credit and country risk. The JP Morgan CEMBI index is a yardstick here, not a target.wisdomtree.com
  • VWOB Cheap for emerging-market debt, rich next to the plain Treasury funds it sits beside: VGIT and VCSH charge 0.03%.
  • The risk is sovereign credit. Downgrades, defaults and restructurings are live possibilities here in a way they aren't with US Treasuries.vanguard.com
  • Vanguard samples the index rather than buying every bond, so day-to-day results can drift from the benchmark more than in a Treasury fund.vanguard.com

Full EMCB profile⁠

Full VWOB profile⁠

EMCB vs VWOB Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

EMCB vs VWOB Cost

Overpaying EMCB vs VWOB

$8,861

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • EMCB 0.61%

    $11,998

  • VWOB 0.15%

    $3,137

$10,000
30 years

Cost over time

  • EMCB 0.61%
  • VWOB 0.15%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2.5K$5K$7.5K$10K$12.5K051015202530EMCB $11,998VWOB $3,137

Year by year

YearEMCBVWOBOverpaying
10$1,093$274$819
20$4,181$1,071$3,110
30$11,998$3,137$8,861

Expense ratio

  • 0.61%EMCB
  • 0.15%VWOB, cheaper
  • Middle half of Emerging Markets Bonds (US Dollar) funds
  • Median 0.40%

VWOB cheapest of 17 funds

EMCB 16th cheapest of 17 funds

EMCB vs VWOB Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
EMCB 5.58%
VWOB 6.07%, better
Payout (12M)
EMCB $3.57
VWOB $3.88
Last payment
EMCB $0.31
VWOB $0.33
Ex-dividend
EMCB Oct 27, 2026
VWOB Oct 1, 2026
Paid on
EMCB Oct 29, 2026
VWOB Oct 5, 2026
Frequency
EMCB Monthly
VWOB Monthly

Distribution history

Per share, 2023 to 2026, same scale for both

EMCBMonthly · 46 paymentsAll EMCB payments⁠
One bar per payment. 46 payments from 2023 to 2026 YTD. Jan 25, 2023 $0.23; Feb 22, 2023 $0.23; Mar 27, 2023 $0.25; Apr 24, 2023 $0.25; May 24, 2023 $0.25; Jun 26, 2023 $0.24; Jul 25, 2023 $0.24; Aug 25, 2023 $0.24; Sep 25, 2023 $0.25; Oct 25, 2023 $0.26; Nov 24, 2023 $0.27; Dec 22, 2023 $0.57; Jan 25, 2024 $0.22; Feb 23, 2024 $0.25; Mar 22, 2024 $0.26; Apr 24, 2024 $0.27; May 24, 2024 $0.28; Jun 25, 2024 $0.28; Jul 26, 2024 $0.28; Aug 27, 2024 $0.29; Sep 25, 2024 $0.30; Oct 28, 2024 $0.30; Nov 25, 2024 $0.33; Dec 26, 2024 $0.39; Jan 28, 2025 $0.30; Feb 25, 2025 $0.27; Mar 26, 2025 $0.34; Apr 25, 2025 $0.30; May 27, 2025 $0.32; Jun 25, 2025 $0.30; Jul 28, 2025 $0.31; Aug 26, 2025 $0.31; Sep 25, 2025 $0.28; Oct 28, 2025 $0.30; Nov 24, 2025 $0.31; Dec 26, 2025 $0.32; Jan 27, 2026 $0.27; Feb 24, 2026 $0.26; Mar 26, 2026 $0.32; Apr 27, 2026 $0.28; May 26, 2026 $0.31; Jun 25, 2026 $0.29; Jul 28, 2026 $0.31; Aug 26, 2026 $0.30; Sep 25, 2026 $0.30; Oct 27, 2026 $0.31. Use the arrow keys to read each point.$0$0.5020232026YTD
VWOBMonthly · 45 paymentsAll VWOB payments⁠
One bar per payment. 45 payments from 2023 to 2026 YTD. Feb 1, 2023 $0.28; Mar 1, 2023 $0.28; Apr 3, 2023 $0.29; May 1, 2023 $0.29; Jun 1, 2023 $0.29; Jul 3, 2023 $0.29; Aug 1, 2023 $0.30; Sep 1, 2023 $0.30; Oct 2, 2023 $0.30; Nov 1, 2023 $0.30; Dec 1, 2023 $0.28; Dec 22, 2023 $0.30; Feb 1, 2024 $0.28; Mar 1, 2024 $0.32; Apr 1, 2024 $0.32; May 1, 2024 $0.31; Jun 3, 2024 $0.32; Jul 1, 2024 $0.32; Aug 1, 2024 $0.34; Sep 3, 2024 $0.32; Oct 1, 2024 $0.32; Nov 1, 2024 $0.35; Dec 2, 2024 $0.33; Dec 24, 2024 $0.33; Feb 3, 2025 $0.38; Mar 3, 2025 $0.35; Apr 1, 2025 $0.34; May 1, 2025 $0.32; Jun 2, 2025 $0.32; Jul 1, 2025 $0.32; Aug 1, 2025 $0.39; Sep 2, 2025 $0.31; Oct 1, 2025 $0.31; Nov 3, 2025 $0.32; Dec 1, 2025 $0.32; Dec 18, 2025 $0.32; Feb 2, 2026 $0.34; Mar 2, 2026 $0.32; Apr 1, 2026 $0.33; May 1, 2026 $0.32; Jun 1, 2026 $0.32; Jul 1, 2026 $0.31; Aug 3, 2026 $0.35; Sep 1, 2026 $0.32; Oct 1, 2026 $0.33. Use the arrow keys to read each point.$0$0.5020232026YTD

EMCB vs VWOB Risk

Fall from peak · 5 years

  • EMCB
  • VWOB
Oct 29, 2021 to Oct 30, 2026. Worst fall: VWOB −26.2% · Oct 2022. Use the arrow keys to read each point.−25%−20%−15%−10%−5%0%Oct 2021Apr 2024Oct 2026

Risk facts

VolatilityStd dev, 3 years
EMCB 4.8%, betterVWOB 7.3%
Return per unit of riskSharpe ratio, 3 years
EMCB 0.63VWOB 0.70, better
Worst fallMax drawdown, 5 years
EMCB −20.5%, betterVWOB −26.2%
Market sensitivityBeta, 5 years
EMCB 0.62VWOB 1.11

EMCB and VWOB in the news

All news⁠

Popular comparisons

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