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HYEM
VanEck Vectors Emerging Markets High Yield Bond UCITS ETF

Fund Description

The VanEck Vectors Emerging Markets High Yield Bond UCITS ETF invests in USD-denominated high-yield corporate bonds from emerging markets.

  • Historically lower default rate compared to US high-yield bonds
  • Potential for higher returns than with US high-yield bonds



Underlying Index

ICE BofAML Diversified High Yield US Emerging Markets Corporate Plus Index

Fund Details
 

  • Fund Ticker

    HYEM
  • Management Company

    VanEck Asset Management B.V.
  • Custodian

    State Street Custodial Services (Ireland) Limited
  • Domicile

    Ireland
  • UCITS Compliant

    YES
  • Index Ticker

    EMLH
  • Index Provider

    ICE Data Indices, LLC
  • Rebalance Frequency

    Monthly
1The "Net Asset Value" (NAV) of all ETFs is determined at the close of each business day, and represents the value of one share of the fund; it is calculated by taking the total assets of the fund, subtracting total liabilities, and dividing by the total number of shares outstanding. The NAV is not necessarily the same as the ETF 's intraday trading value. Investors should not expect to buy or sell ETF shares at NAV.

2The date the fund was launched prior to quotation on the stock exchange.

 
as of 20 Oct 2021

  • NAV1

    118.89
  • Shares Outstanding

    288,000
  • Number of Holdings

    353
  • Base Currency

    USD
  • Net Assets

    $34.2M
  • Product Structure

    Physical (Optimized)
  • Income Treatment

    Reinvestment
  • Distribution Frequency

    None
  • Total Expense Ratio

    0.40%
  • SFDR Classification

    Article 6
  • Fact Sheet
  • ETF Product List
  • Fund Holiday Calendar

Fundamentals3
as of 20 Oct 2021

  • Yield to Worst

    5.16%
  • Yield to Maturity

    5.39%
  • Effective Duration (yrs)

    3.66
  • Years to Maturity

    5.53
  • Modified Duration (yrs)

    3.91
  • Coupon

    5.82%
3These figures represent averages. Yield to Worst measures the lowest of either yield-to-maturity or yield-to-call date on every possible call date. Yield to Maturity is the annualized return on a bond held to maturity. Effective Duration measures a bond's sensitivity to interest rate changes that reflects the change in a bond's price given a change in yield. This duration measure is appropriate for bonds with embedded options. Modified Duration measures a bond's sensitivity to interest rate changes that reflects the change in a bond's price given a change in yield. Spread Duration measures a bond's price sensitivity to a 100 basis point change to its option-adjusted spread. As the rate of the Treasury security in the option-adjusted spread increases, the rate of the option-adjusted spread also increases. Years to Maturity is the period of time for which a financial instrument remains outstanding. Maturity refers to a finite time period at the end of which the financial instrument will cease to exist and the principal is repaid. Coupon is measured by weighting the coupon of each bond by its relative size in the portfolio. Coupons are fixed percentages paid on a fixed-income security on an annual basis. Averages are market weighted. The Coupon and Yield to Worst do not represent the performance of the Fund. These statistics do not take into account fees and expenses associated with investments of the Fund.

Trading Information as of 20 Oct 2021

London
Stock Exchange
USD
Exchange Ticker HYEM
ISIN IE00BF541080
SEDOL BF3W0R4
Bloomberg HYEM LN
Reuters (RIC) HYEM.L
Telekurs 40992308
Bloomberg iNAV HYEMUSIV
Reuters iNAV HYEMINAV=SOLA
WKN A2JEMH
Trading Currency USD
Last Traded Price 119.40
Day's Move 0.09
Volume 0
30 Day Volume 358
VWAP Volume 6
London
Stock Exchange
GBP
Exchange Ticker HYGB
ISIN IE00BF541080
SEDOL BF3W0S5
Bloomberg HYGB LN
Reuters (RIC) HYGB.L
Telekurs 40992308
Bloomberg iNAV HYEMUSIV
Reuters iNAV HYEMINAV=SOLA
WKN A2JEMH
Trading Currency GBP
Last Traded Price 86.37
Day's Move -0.04
Volume 85
30 Day Volume 43
VWAP Volume 85
Deutsche
Börse
EUR
Exchange Ticker HY3M
ISIN IE00BF541080
SEDOL --
Bloomberg HY3M GY
Reuters (RIC) HY3M.DE
Telekurs 40992308
Bloomberg iNAV HYEMEUIV
Reuters iNAV HYEMEURINAV=SOLA
WKN A2JEMH
Trading Currency EUR
Last Traded Price 102.59
Day's Move -0.18
Volume 0
30 Day Volume 77
VWAP Volume 95
SIX
Swiss Exchange
CHF
Exchange Ticker HYEM
ISIN IE00BF541080
SEDOL --
Bloomberg HYEM SE
Reuters (RIC) HYEM.S
Telekurs 40992308
Bloomberg iNAV HYEMUSIV
Reuters iNAV HYEMINAV=SOLA
WKN A2JEMH
Trading Currency CHF
Last Traded Price 110.38
Day's Move 0.00
Volume 0
30 Day Volume 60
VWAP Volume 0
Borsa
Italiana
EUR
Exchange Ticker HYEM
ISIN IE00BF541080
SEDOL --
Bloomberg HYEM IM
Reuters (RIC) HYEM.MI
Telekurs 40992308
Bloomberg iNAV HYEMEUIV
Reuters iNAV HYEMEURINAV=SOLA
WKN A2JEMH
Trading Currency EUR
Last Traded Price 102.54
Day's Move 0.06
Volume 10
30 Day Volume 559
VWAP Volume 10

NAVs as of 20 Oct 2021

Base
Currency
NAV Daily
Change
NAV
YTD
Change
NAV
NAV Price
History
Total
Expense
Ratio
HYEM USD $118.89 $0.08 / +0.07% -0.13%
0.40

Performance History* (%)

Month End as of 30 Sep 2021 1 MO* 3 MO* YTD* 1 YR 3 YR 5 YR 10 YR ETF INCEPTION
ETF (NAV) -1.18 -0.84 0.67 7.14 6.59 -- -- 5.26
EMLH (Index) -1.43 -1.08 1.36 8.59 6.76 5.16 -- 5.09
Performance Differential (NAV - Index) 0.25 0.24 -0.69 -1.45 -0.17 -- -- 0.17
Quarter End as of 30 Sep 2021 1 MO* 3 MO* YTD* 1 YR 3 YR 5 YR 10 YR ETF INCEPTION
ETF (NAV) -1.18 -0.84 0.67 7.14 6.59 -- -- 5.26
EMLH (Index) -1.43 -1.08 1.36 8.59 6.76 5.16 -- 5.09
Performance Differential (NAV - Index) 0.25 0.24 -0.69 -1.45 -0.17 -- -- 0.17

Top 10 Holdings (%) as of 30 Sep 2021 View All Holdings »

Total Holdings: 347
Holding Name
Coupon
Maturity
Composite
Rating
Country
Currency
% of Net
Assets
SOUTHERN GAS CORRIDOR CJSC
6.875
24 Mar 2026
BB
Azerbaijan
USD
0.8811
ECOPETROL SA
6.875
29 Apr 2030
BB+
Colombia
USD
0.7160
TEVA PHARMACEUTICAL FINANCE NETHERLANDS
3.150
01 Oct 2026
BB-
Israel
USD
0.7145
TEVA PHARMACEUTICAL FINANCE NETHERLANDS
2.800
21 Jul 2023
BB-
Israel
USD
0.6712
DP WORLD SALAAM
6.000
01 Jul 2169
BB
Uae
USD
0.6634
MAF GLOBAL SECURITIES LTD
6.375
20 Mar 2068
BB+
Uae
USD
0.6588
ABJA INVESTMENT CO PTE LTD
5.950
31 Jul 2024
NR
India
USD
0.6529
JSW STEEL LTD
5.950
18 Apr 2024
BB-
India
USD
0.6496
TULLOW OIL PLC
10.250
15 May 2026
B-
United Kingdom
USD
0.6464
INDIKA ENERGY CAPITAL IV PTE LTD
8.250
22 Oct 2025
BB-
Indonesia
USD
0.6428
Top 10 Total (%) 6.89
These are not recommendations to buy or to sell any security. Securities and holdings may vary.

Country Weightings (%) as of 30 Sep 2021

  • Country

    % of Net Assets
  • Brazil

    10.50
  • China

    9.71
  • Turkey

    7.52
  • Mexico

    6.53
  • India

    6.41
  • Colombia

    6.26
  • Russia

    4.55
  • Israel

    3.91
  • Argentina

    3.68
  • South Africa

    3.59
  • Uae

    2.64
  • Indonesia

    2.49
  • United States

    2.31
  • United Kingdom

    2.03
  • Zambia

    1.87
  • Azerbaijan

    1.74
  • Singapore

    1.68
  • Oman

    1.58
  • Ukraine

    1.45
  • Spain

    1.35
  • Bahrain

    1.31
  • Chile

    1.24
  • Bermuda

    1.18
  • Peru

    1.16
  • Luxembourg

    1.00
  • Morocco

    0.98
  • Nigeria

    0.81
  • Netherlands

    0.79
  • Panama

    0.78
  • Canada

    0.64
  • Saudi Arabia

    0.63
  • Thailand

    0.61
  • Vietnam

    0.61
  • Virgin Islands

    0.60
  • Kuwait

    0.60
  • Trinidad And Tobago

    0.48
  • Kazakhstan

    0.35
  • Qatar

    0.32
  • Croatia

    0.32
  • Ireland

    0.32
  • Poland

    0.31
  • Ghana

    0.30
  • Costa Rica

    0.30
  • Guatemala

    0.19
  • Greece

    0.17
  • Barbados

    0.16
  • South Korea

    0.16
  • Switzerland

    0.16
  • Cyprus

    0.16
  • Mauritius

    0.15
  • Other/Cash

    1.42

Currency Exposure (%)
as of 30 Sep 2021

  • U.S. Dollar

    98.58
  • Other/Cash

    1.42

Sector Weightings (%) as of 30 Sep 2021

  • Sector

    % of Net Assets
  • Financials

    36.7
  • Energy

    16.3
  • Basic Materials

    11.8
  • Utilities

    7.5
  • Industrials

    6.6
  • Consumer Non-Cyclicals

    4.5
  • Technology

    3.6
  • Real Estate

    3.6
  • Healthcare

    3.4
  • Consumer Cyclicals

    2.7
  • Government Activity

    1.0
  • Other/Cash

    2.2

Credit Quality (%) as of 30 Sep 2021

Composite % of Net Assets
Investment Grade BBB 1.14
Non-Investment Grade BB 64.22
B 24.87
CCC 9.21
CC 0.27
Total Investment Grade -- 1.14
Total Non-Investment Grade -- 98.57
Not Rated -- 0.22
Source: Bloomberg. Rating is a proprietary composite of various rating agencies. A bond must be rated by two or more rating agencies to receive a composite rating; otherwise it is classified as Not Rated.

Maturity (%) as of 30 Sep 2021

 Average Maturity: 5.55 Years