EMCB vs ARB

Comparison between WISDOMTREE EMERGING MARKETS CORPORATE BOND FUND (EMCB, ETF) and ALTSHARES MERGER ARBITRAGE ETF (ARB, ETF).

5-Year PerformanceARB has outperformed EMCB, delivering a return of +4.0% compared to +2.0%

EMCB vs ARB - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	EMCB(ETF)	ARB(ETF)
Net Assets	$100M	$100M
Expense Ratio	0.61%	0.76%
Max Drawdown	29.48%	9.39%
Sharpe Ratio	0.72	0.65
5Y Beta	0.11	0.05
5Y Dividends CAGR	5.27%	-9.74%

Net Assets

EMCB

$100M

Winner

ARB

$100M

Expense Ratio

Winner

EMCB

0.61%

ARB

0.76%

Max Drawdown

EMCB

29.48%

Winner

ARB

9.39%

Sharpe Ratio

Winner

EMCB

0.72

ARB

0.65

5Y Beta

EMCB

0.11

Winner

ARB

0.05

5Y Dividends CAGR

Winner

EMCB

5.27%

ARB

-9.74%

EMCB vs ARB - Historical Returns

Returns include dividend reinvestment.

Period	EMCB	ARB
1 month	-0.26%	+1.26%
3 months	-0.08%	+1.87%
6 months	+1.42%	+3.03%
1 year	+6.60%	+5.80%
5 years(CAGR)	+2.03%	+4.04%
10 years(CAGR)	+4.13%	N/A
Max(CAGR)	+3.68%	+4.30%

EMCB

-0.26%

Winner

ARB

+1.26%

EMCB

-0.08%

Winner

ARB

+1.87%

EMCB

+1.42%

Winner

ARB

+3.03%

Winner

EMCB

+6.60%

ARB

+5.80%

5Y(CAGR)

EMCB

+2.03%

Winner

ARB

+4.04%

10Y(CAGR)

EMCB

+4.13%

ARB

N/A

Max(CAGR)

EMCB

+3.68%

Winner

ARB

+4.30%

EMCB vs ARB - Annual Returns (2012 - 2026)

Returns include dividend reinvestment.

Year	EMCB	ARB
2026	+0.87%	+2.83%
2025	+7.96%	+5.80%
2024	+7.01%	+4.07%
2023	+8.83%	+3.94%
2022	-12.81%	+2.81%
2021	+0.25%	+3.29%
2020	+8.59%	+3.79%
2019	+13.06%	N/A
2018	-2.61%	N/A
2017	+9.10%	N/A
2016	+10.90%	N/A
2015	-3.66%	N/A
2014	+2.11%	N/A
2013	-3.48%	N/A
2012	+11.51%	N/A

EMCB vs ARB Drawdown Comparison

The maximum drawdown for EMCB was -22.81%, occurring on Mar 19, 2020. Recovery took 112 trading sessions.

The maximum drawdown for ARB was -5.59%, occurring on May 22, 2023. Recovery took 215 trading sessions.

The current EMCB drawdown is -1.31%.

Rank	EMCB	ARB
#1	-22.81% Feb 21, 2020 - Jul 31, 2020	-5.59% Nov 1, 2022 - Sep 12, 2023
#2	-21.50% Sep 14, 2021 - Sep 16, 2024	-5.11% Dec 17, 2021 - Aug 9, 2022
#3	-13.30% Aug 27, 2014 - Aug 12, 2016	-3.61% May 8, 2020 - Jul 15, 2020
#4	-10.62% Jan 22, 2013 - May 20, 2014	-3.16% Jan 8, 2021 - Apr 15, 2021
#5	-5.41% Jan 17, 2018 - Feb 19, 2019	-2.13% Apr 3, 2024 - Jul 16, 2024
#6	-4.55% Oct 25, 2016 - Feb 3, 2017	-1.99% Nov 7, 2024 - Jan 15, 2025
#7	-4.20% Feb 28, 2025 - May 23, 2025	-1.89% Jun 16, 2021 - Oct 7, 2021
#8	-3.57% May 4, 2012 - Jun 29, 2012	-1.67% Aug 15, 2022 - Oct 25, 2022
#9	-3.38% Jan 8, 2021 - Sep 1, 2021	-1.27% Mar 31, 2025 - May 16, 2025
#10	-3.07% Feb 27, 2026 - Mar 30, 2026	-0.95% Dec 27, 2023 - Feb 26, 2024
#11	-2.87% Oct 1, 2024 - Feb 18, 2025	-0.92% Nov 3, 2021 - Dec 17, 2021
#12	-2.56% Sep 14, 2020 - Oct 16, 2020	-0.92% Aug 19, 2020 - Oct 9, 2020
#13	-2.41% Jul 11, 2014 - Aug 27, 2014	-0.69% May 12, 2026 - Jun 5, 2026
#14	-2.33% Jul 31, 2020 - Aug 5, 2020	-0.67% Mar 4, 2026 - Mar 31, 2026
#15	-2.24% Oct 16, 2020 - Nov 5, 2020	-0.65% Sep 19, 2024 - Oct 16, 2024

Correlation

Correlation between EMCB and ARB is 0.66 which considered as a moderate positive correlation - the stocks show some tendency to move together.

0.66

-101

Dividend Comparison (2012 - 2026)

EMCB vs ARB dividend yield comparison.

Year	EMCB	ARB
2026	2.17%	0.00%
2025	5.47%	0.43%
2024	5.29%	1.12%
2023	5.09%	0.00%
2022	4.04%	4.18%
2021	3.43%	0.00%
2020	3.85%	2.87%
2019	4.17%	0.00%
2018	4.20%	0.00%
2017	4.04%	0.00%
2016	4.08%	0.00%
2015	5.09%	0.00%
2014	5.26%	0.00%
2013	5.14%	0.00%
2012	3.33%	0.00%