HYDB vs VEMY: Grades, Fees and Holdings Compared

iShares High Yield Systematic Bond ETF

HYDBACboe

Virtus Stone Harbor Emerging Markets High Yield Bond ETF

VEMYCNYSE Arca

Overlap

No data

Expense ratio

HYDB −0.20pt a year

HYDB0.35%VEMY0.55%

Avg volume · 30D

HYDB 4.9×the volume

HYDB175KVEMY35.4K

3Y return · a year

VEMY +5.2pt

HYDB+8.4%VEMY+13.6%

HYDB vs VEMY Performance

Oct 31, 2025 – Oct 30, 2026

+1.1%HYDB+5.0%VEMY

Expense ratio: HYDB 0.35%, better; VEMY 0.55%
Fund size: HYDB $1.53B; VEMY $36M
1Y total return: HYDB +1.1%; VEMY +5.0%, better
Yield (12M): HYDB 7.16%; VEMY 8.45%, better
Holdings: HYDB 253; VEMY 172
Avg volume (30D): HYDB 175K sh, better; VEMY 35.4K sh
NAV per share: HYDB $44.72; VEMY $27.38
52W range

ETF.net Grade

Pillar letters and Scores for HYDB, VEMY, with each pillar’s weight
Pillar	HYDB	VEMY
Cost30% weight	A93Higher	F10
Mission25% weight	A95Higher	A78
Risk15% weight	C42	C44Higher
Tradability15% weight	A85Higher	B60
Holdings10% weight	B66Higher	D33
Durability5% weight	A84Higher	D36

Rank among International High Yield Bond funds

How we build Categories ›

Same Category. HYDB and VEMY are both graded against the same 13 International High Yield Bond funds, so their Grades compare head to head.

International High Yield Bond⁠

Category · 13 funds

See all 13 ›

HYDB ranks 1st and VEMY 10th of 13 funds in the International High Yield Bond Category.

Rank 1AHYDBiShares High Yield Systematic Bond ETFScore 81
Rank 2ASYFIAB Short Duration High Yield ETFScore 73
Rank 8CNJNKColumbia U.S. High Yield ETFScore 51
Rank 10CVEMYVirtus Stone Harbor Emerging Markets High Yield Bond ETFScore 43
Rank 11DPBSCPacer Barings Secured Credit Flex ETFScore 36

Our read on each fund

ETF.net Research

HYDBAiShares High Yield Systematic Bond ETF

VEMYCVirtus Stone Harbor Emerging Markets High Yield Bond ETF

In short

HYDB No data

VEMY Its high-yield cohort is mostly cheap US junk-bond index funds. VEMY goes the other way: an actively run book of emerging-market sovereign and corporate debt, roughly 190 bonds, paying monthly.

Stated mandate

HYDB No data

VEMY The Fund invests at least 80% of its assets, under normal circumstances, in high-yield bonds economically tied to emerging-market countries.

Why people hold it

HYDB No data

VEMY A real outlier in the high-yield aisle: at least 80% of assets in bonds tied to emerging-market countries, not the US corporate credit the top-ranked funds beside it hold.
Stone Harbor is a dedicated emerging-market debt shop, now a Virtus affiliate. VEMY was its first ETF, launched in 2022.stockanalysis.com
No index to hug. Managers choose the issuers across sovereign and corporate emerging-market debt, roughly 190 bonds, and cash lands monthly.stockanalysis.com

Worth knowing

HYDB No data

VEMY At 0.55% a year it runs above the 0.40% cohort median and several times index peers like SCYB (0.03%) and SPHY (0.05%). Specialist credit work costs more than tracking.
Thinly traded. Spreads can widen, so limit orders matter more here than in the giant broad high-yield funds.
Small fund, launched in 2022, so the record is short. Emerging-market credit also carries sovereign and political risk that US-only high-yield funds don't take on.

Full HYDB profile⁠

Full VEMY profile⁠

HYDB vs VEMY Holdings

How HYDB and VEMY differ

No overlap figure

Two bond funds rarely hold the same issues.

Level by level

Countryby domicile6.6%
Asset classFixed Income100%

Sector

No Sector split for VEMY.

Country, concentration and asset class

Country by domicile

Country weights in HYDB and VEMY, widest gap first
Country	More in HYDBMore in VEMY	HYDB	VEMY
United States	HYDB +85.3 points	86.9%	1.6%
Turkey	VEMY +48.8 points	0.0%	48.8%
Argentina	VEMY +10.3 points	0.0%	10.3%
Mexico	VEMY +6.1 points	0.0%	6.1%
Luxembourg	VEMY +6.1 points	0.8%	6.9%
Colombia	VEMY +5.8 points	0.0%	5.8%
Netherlands	VEMY +4.0 points	0.0%	4.0%
Brazil	VEMY +3.9 points	0.0%	3.9%
Other countries (17)	VEMY +0.4 points	12.2%	12.6%

Outside the US: VEMY 19% developed, 81% emerging.

Concentration

Weight in the 10 largest Holdings

HYDB7.5%
VEMY19.2%

Securities held

HYDB249
VEMY171

Asset class

HYDB: Fixed Income
VEMY: Fixed Income

Holdings

Two bond funds rarely hold the same issues, so this page lists no shared Holdings. HYDB holds 249 securities, VEMY 171.

All 256 HYDB holdings⁠All 189 VEMY 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.

HYDB vs VEMY Cost

Overpaying VEMY vs HYDB

$3,778

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

HYDB 0.35%
$7,126
VEMY 0.55%
$10,904

Amount$10,000

Years30 years

Cost over time

HYDB 0.35%
VEMY 0.55%
Overpaying

Year by year

Year	HYDB	VEMY	Overpaying
10	$634	$988	$354
20	$2,454	$3,790	$1,336
30	$7,126	$10,904	$3,778

Expense ratio

0.35%HYDB, cheaper
0.55%VEMY

HYDB0.35%VEMY0.55%

0.35%0.69%

Middle half of International High Yield Bond funds
Median 0.46%

HYDB cheapest of 13 funds

VEMY 12th cheapest of 13 funds

HYDB vs VEMY Dividends

Last 12 months to Oct 30, 2026

Yield (12M): HYDB 7.16%; VEMY 8.45%, better
Payout (12M): HYDB $3.21; VEMY $2.30
Last payment: HYDB $0.27; VEMY $0.19
Ex-dividend: HYDB Oct 1, 2026; VEMY Oct 20, 2026
Paid on: HYDB Oct 6, 2026; VEMY Oct 27, 2026
Frequency: HYDB Monthly; VEMY Monthly

Distribution history

Per share, 2023 to 2026, same scale for both

HYDBMonthly · 45 paymentsAll HYDB payments⁠

VEMYMonthly · 46 paymentsAll VEMY payments⁠

HYDB vs VEMY Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: HYDB 4.9%, betterVEMY 6.5%
Return per unit of riskSharpe ratio, 3 years: HYDB 0.77VEMY 1.33, better
Worst fallMax drawdown, 5 years: HYDB −14.3%VEMY −8.8%since Dec 2022
Market sensitivityBeta, 5 years: HYDB 0.65VEMY 0.65; Market = 1

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