EMD vs CCD

Comparison between Western Asset Emerging Markets Debt Fund Inc (EMD, ETF) and Calamos Dynamic Convertible and Income Fund (CCD, ETF).

5-Year PerformanceCCD has outperformed EMD, delivering a return of +5.5% compared to +4.3%

EMD vs CCD - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	EMD(ETF)	CCD(ETF)
Net Assets	$648M	$648M
Max Drawdown	66.58%	60.86%
Sharpe Ratio	1.11	1.72
5Y Beta	0.42	0.75
5Y Dividends CAGR	1.80%	2.03%

Net Assets

EMD

$648M

Winner

CCD

$648M

Max Drawdown

EMD

66.58%

Winner

CCD

60.86%

Sharpe Ratio

EMD

1.11

Winner

CCD

1.72

5Y Beta

Winner

EMD

0.42

CCD

0.75

5Y Dividends CAGR

EMD

1.80%

Winner

CCD

2.03%

EMD vs CCD - Historical Returns

Returns include dividend reinvestment.

Period	EMD	CCD
1 month	-2.19%	+1.51%
3 months	+1.13%	+14.95%
6 months	+3.00%	+22.46%
1 year	+18.25%	+38.63%
5 years(CAGR)	+4.28%	+5.49%
10 years(CAGR)	+6.07%	+14.11%
Max(CAGR)	+6.54%	+10.31%

EMD

-2.19%

Winner

CCD

+1.51%

EMD

+1.13%

Winner

CCD

+14.95%

EMD

+3.00%

Winner

CCD

+22.46%

EMD

+18.25%

Winner

CCD

+38.63%

5Y(CAGR)

EMD

+4.28%

Winner

CCD

+5.49%

10Y(CAGR)

EMD

+6.07%

Winner

CCD

+14.11%

Max(CAGR)

EMD

+6.54%

Winner

CCD

+10.31%

EMD vs CCD - Annual Returns (2003 - 2026)

Returns include dividend reinvestment.

Year	EMD	CCD
2026	+0.68%	+22.52%
2025	+21.86%	-4.09%
2024	+16.94%	+37.39%
2023	+11.96%	+7.41%
2022	-20.86%	-27.83%
2021	+0.40%	+22.43%
2020	+7.41%	+44.67%
2019	+25.16%	+37.30%
2018	-14.95%	-9.57%
2017	+14.27%	+25.52%
2016	+17.52%	+8.14%
2015	-4.89%	-22.81%
2014	-1.33%	N/A
2013	-16.02%	N/A
2012	+22.51%	N/A
2011	+10.49%	N/A
2010	+12.77%	N/A
2009	+51.98%	N/A
2008	-21.64%	N/A
2007	+7.90%	N/A
2006	+11.12%	N/A
2005	+6.97%	N/A
2004	+6.28%	N/A
2003	+0.90%	N/A

EMD vs CCD Drawdown Comparison

The maximum drawdown for EMD was -48.11%, occurring on Nov 20, 2008. Recovery took 297 trading sessions.

The maximum drawdown for CCD was -55.32%, occurring on Mar 18, 2020. Recovery took 94 trading sessions.

The current EMD drawdown is -4.96%. The current CCD drawdown is -3.51%.

Rank	EMD	CCD
#1	-48.11% Jun 3, 2008 - Aug 6, 2009	-55.32% Feb 20, 2020 - Jul 6, 2020
#2	-46.44% Feb 21, 2020 - Dec 17, 2020	-37.54% Nov 9, 2021 - Sep 19, 2024
#3	-40.44% Sep 2, 2021 - Oct 2, 2024	-36.95% Apr 24, 2015 - Jul 12, 2017
#4	-29.53% Mar 12, 2013 - Apr 20, 2017	-26.91% Sep 12, 2018 - Jul 19, 2019
#5	-26.07% Jan 27, 2004 - Sep 24, 2004	-22.28% Oct 10, 2024 - Jan 15, 2026
#6	-18.70% Jan 16, 2018 - Jun 21, 2019	-11.42% Jan 24, 2018 - Apr 20, 2018
#7	-13.52% May 29, 2007 - Oct 5, 2007	-11.34% Mar 2, 2021 - Oct 19, 2021
#8	-13.33% Feb 18, 2026 - Mar 30, 2026	-11.08% Feb 20, 2026 - Apr 8, 2026
#9	-12.48% Sep 2, 2011 - Dec 23, 2011	-9.88% Oct 12, 2020 - Nov 6, 2020
#10	-11.83% Mar 25, 2025 - Jun 4, 2025	-8.30% Sep 1, 2020 - Oct 7, 2020
#11	-11.04% Feb 8, 2005 - Sep 9, 2005	-7.38% May 6, 2026 - May 26, 2026
#12	-10.28% Apr 23, 2010 - Jul 21, 2010	-5.92% Feb 12, 2021 - Mar 2, 2021
#13	-9.97% Nov 5, 2010 - May 10, 2011	-5.65% Jul 24, 2019 - Oct 17, 2019
#14	-9.74% Aug 3, 2011 - Sep 2, 2011	-5.56% Jul 20, 2017 - Sep 19, 2017
#15	-9.13% Oct 8, 2009 - Dec 24, 2009	-5.00% Jan 22, 2021 - Feb 2, 2021

Correlation

Correlation between EMD and CCD is 0.82 which considered as a strong positive correlation - the stocks tend to move together.

0.82

-101

Dividend Comparison (2004 - 2026)

EMD vs CCD dividend yield comparison.

Year	EMD	CCD
2026	4.58%	3.12%
2025	10.44%	11.22%
2024	10.57%	9.63%
2023	9.97%	11.83%
2022	11.09%	11.42%
2021	8.44%	7.43%
2020	8.45%	7.11%
2019	8.41%	8.93%
2018	9.76%	12.21%
2017	7.78%	9.99%
2016	9.99%	11.43%
2015	9.54%	7.40%
2014	9.01%	0.00%
2013	8.37%	0.00%
2012	6.49%	0.00%
2011	7.01%	0.00%
2010	7.48%	0.00%
2009	8.87%	0.00%
2008	13.34%	0.00%
2007	7.73%	0.00%
2006	9.19%	0.00%
2005	14.13%	0.00%
2004	8.88%	0.00%