VanEck Emerging Markets High Yield Bond ETF

HYEM

Market cap $417M

Overview Fund Activity

20.16 USD

+0.04

0.2%

At close Updated Sep 15, 12:23 PM EDT

1 day

0.2%

5 days

0.7%

1 month

0.85%

3 months

2.54%

6 months

2.23%

Year to date

3.33%

1 year

2.8%

5 years

-12.31%

10 years

-12.04%

0

Funds holding %

of 7,463 funds

–

Analysts bullish %

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

54% more call options, than puts

Call options by funds: $472K | Put options by funds: $307K

14% more first-time investments, than exits

New positions opened: 16 | Existing positions closed: 14

7% more repeat investments, than reductions

Existing positions increased: 31 | Existing positions reduced: 29

0% more funds holding

Funds holding: 85 [Q1] → 85 (+0) [Q2]

0% more funds holding in top 10

Funds holding in top 10: 1 [Q1] → 1 (+0) [Q2]

2.54% less ownership

Funds ownership: 49.47% [Q1] → 46.93% (-2.54%) [Q2]

7% less capital invested

Capital invested by funds: $201M [Q1] → $188M (-$13.4M) [Q2]

See Fund Rankings

Financial journalist opinion

HYEM: Challenged By Volatility, Erosion And Tariffs

HYEM offers a 7% yield based on dollar-denominated sub investment grade bonds from emerging markets. HYEM is diversified in countries and sectors, with a focus on Latin America and financials. The fund's value and distributions have steadily declined, resulting in significant inflation-adjusted losses over the past decade.

HYEM: Challenged By Volatility, Erosion And Tariffs

HYEM: Tightening Spreads, Rising Risks

HYEM has a 0.40% expense ratio, 405 bonds, strong exposure to China, and BBB-CCC rated debt with a duration under 5 years. The spread between emerging market high-yield and investment-grade bond yields has narrowed to concerning lows. The threat of tariffs could lead to rising yields, which would push prices down.

HYEM: Tightening Spreads, Rising Risks

High Yield Corporate Bonds In Emerging Markets Are Red Hot

Below-investment-grade bonds issued by companies in emerging markets are outperforming by a wide margin in 2024, based on a set of ETFs. HYEM's rally is also adding to leading the rally in US-based junk bonds.

High Yield Corporate Bonds In Emerging Markets Are Red Hot

Encouraging Signs for This High-Yield Bond ETF

Risk-tolerant investors searching for income and the potential for added upside with bonds have long turned to high-yield corporate debt and related ETFs. However, that focus has largely been limited to domestic offerings.

Encouraging Signs for This High-Yield Bond ETF

HYEM: Is It Time To Accumulate Emerging Market High Yield Bonds?

High-yield and high dividend investments through ETFs are preferred for preserving value. The increasing recession risks in the U.S. could favor a DCA strategy on emerging market high-yield bonds, unlike in the past. Fed rate cuts and dollar weakness could increase the demand for emerging market high yield bonds, and some data is already supporting this thesis.

HYEM: Is It Time To Accumulate Emerging Market High Yield Bonds?

HYEM: Emerging Market High-Yield ETF, Above-Average 6.0% Dividend Yield, Strong Momentum

Emerging market high-yield bonds offer the highest fixed-income yields in the market right now. HYEM is an index bond ETF focusing on these securities. Its dividend yield is a bit low at 6.0%, but it has a higher SEC yield and YTM. The fund is a solid investment choice, and has outperformed since my last coverage.

HYEM: Emerging Market High-Yield ETF, Above-Average 6.0% Dividend Yield, Strong Momentum

Best-Performing Bond ETFs For 2024

2024 has been a tough year for most bond funds, as delayed rate hikes led to lower bond prices. Some bond ETFs have managed to outperform in spite of these tough conditions. These tend to focus on investments with low, sometimes negative, duration.

Best-Performing Bond ETFs For 2024

Hone in on HYEM for Strong Income

At a time of weakness for broad domestic fixed income strategies, many investors may be pensive about international bonds, let alone high-yield emerging markets corporates. That's understandable, but a deeper examination is merited because there is potential for pleasant surprises.

Hone in on HYEM for Strong Income

HYEM: Frothy Markets Warrant Caution

HYEM, a high-yield emerging market bond ETF, has rallied alongside U.S. junk bonds due to tightening credit spreads. The rapid issuance of EM bonds in 2024 suggests a frothy market, cautioning investors. EM credit spreads are near decade-long lows, limiting further upside potential.

HYEM: Frothy Markets Warrant Caution

HYEM: A Good Emerging Market Bond Fund For After A Credit Dislocation

Concerns about a potential debt crisis caused by foreign entities borrowing in dollars and causing financial distress and global contagion. The VanEck Emerging Markets High Yield Bond ETF (HYEM) is worth considering after a bout of global volatility and dislocation in credit markets. HYEM holds a diverse portfolio of high-yield bonds from various emerging markets, with a focus on sectors like finance, energy, and basic materials.

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