EMLC vs SRLN

Comparison between VANECK J.P. MORGAN EM LOCAL CURRENCY BOND ETF (EMLC, ETF) and SPDR BLACKSTONE SENIOR LOAN ETF (SRLN, ETF).

5-Year PerformanceSRLN has outperformed EMLC, delivering a return of +4.8% compared to +1.6%

EMLC vs SRLN - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	EMLC(ETF)	SRLN(ETF)
Net Assets	$4.70B	$4.70B
Expense Ratio	0.30%	0.70%
Max Drawdown	59.84%	28.37%
Sharpe Ratio	1.16	1.16
5Y Beta	0.17	0.15
5Y Dividends CAGR	1.67%	8.86%

Net Assets

EMLC

$4.70B

SRLN

$4.70B

Expense Ratio

Winner

EMLC

0.30%

SRLN

0.70%

Max Drawdown

EMLC

59.84%

Winner

SRLN

28.37%

Sharpe Ratio

EMLC

1.16

Winner

SRLN

1.16

5Y Beta

EMLC

0.17

Winner

SRLN

0.15

5Y Dividends CAGR

EMLC

1.67%

Winner

SRLN

8.86%

EMLC vs SRLN - Historical Returns

Returns include dividend reinvestment.

Period	EMLC	SRLN
1 month	+0.62%	+1.30%
3 months	-1.35%	+1.43%
6 months	+4.07%	+1.93%
1 year	+12.47%	+7.05%
5 years(CAGR)	+1.60%	+4.79%
10 years(CAGR)	+2.24%	+4.59%
Max(CAGR)	+1.15%	+3.81%

EMLC

+0.62%

Winner

SRLN

+1.30%

EMLC

-1.35%

Winner

SRLN

+1.43%

Winner

EMLC

+4.07%

SRLN

+1.93%

Winner

EMLC

+12.47%

SRLN

+7.05%

5Y(CAGR)

EMLC

+1.60%

Winner

SRLN

+4.79%

10Y(CAGR)

EMLC

+2.24%

Winner

SRLN

+4.59%

Max(CAGR)

EMLC

+1.15%

Winner

SRLN

+3.81%

EMLC vs SRLN - Annual Returns (2010 - 2026)

Returns include dividend reinvestment.

Year	EMLC	SRLN
2026	+1.37%	+0.59%
2025	+18.60%	+6.72%
2024	-2.19%	+8.43%
2023	+11.57%	+10.96%
2022	-10.37%	-5.37%
2021	-9.72%	+4.66%
2020	+2.89%	+2.94%
2019	+9.62%	+9.95%
2018	-8.53%	-0.82%
2017	+14.68%	+3.37%
2016	+9.97%	+7.14%
2015	-14.46%	-1.15%
2014	-4.52%	+1.01%
2013	-9.87%	+1.80%
2012	+15.63%	N/A
2011	-2.73%	N/A
2010	+6.68%	N/A

EMLC vs SRLN Drawdown Comparison

The maximum drawdown for EMLC was -32.43%, occurring on Oct 24, 2022. This drawdown has not yet recovered.

The maximum drawdown for SRLN was -22.29%, occurring on Mar 23, 2020. Recovery took 184 trading sessions.

The current EMLC drawdown is -3.66%.

Rank	EMLC	SRLN
#1	-32.43% May 8, 2013 - Oct 24, 2022	-22.29% Feb 19, 2020 - Nov 9, 2020
#2	-13.74% Aug 31, 2011 - Sep 11, 2012	-7.93% Jan 14, 2022 - Jul 12, 2023
#3	-6.74% Nov 4, 2010 - Apr 20, 2011	-5.58% Jul 16, 2015 - Aug 10, 2016
#4	-3.86% Aug 3, 2011 - Aug 31, 2011	-4.61% Oct 16, 2018 - Feb 25, 2019
#5	-3.06% May 2, 2011 - Jul 1, 2011	-4.26% Feb 18, 2025 - May 12, 2025
#6	-2.35% Feb 1, 2013 - Apr 11, 2013	-3.26% Jan 9, 2026 - May 1, 2026
#7	-2.23% Oct 14, 2010 - Nov 4, 2010	-2.71% Nov 28, 2014 - Feb 12, 2015
#8	-2.13% Jul 1, 2011 - Jul 22, 2011	-1.87% Sep 5, 2014 - Nov 25, 2014
#9	-2.03% Aug 9, 2010 - Sep 3, 2010	-1.36% Jul 22, 2024 - Aug 16, 2024
#10	-1.41% Oct 17, 2012 - Nov 28, 2012	-1.31% Nov 11, 2021 - Dec 23, 2021
#11	-0.98% Oct 4, 2012 - Oct 16, 2012	-1.21% Aug 1, 2019 - Sep 10, 2019
#12	-0.92% Sep 3, 2010 - Sep 10, 2010	-1.19% May 9, 2013 - Jul 23, 2013
#13	-0.82% Sep 14, 2012 - Oct 4, 2012	-1.16% May 3, 2019 - Jul 17, 2019
#14	-0.65% Apr 11, 2013 - Apr 29, 2013	-1.14% Feb 27, 2019 - Apr 5, 2019
#15	-0.65% Jan 17, 2013 - Feb 1, 2013	-1.10% Sep 20, 2019 - Nov 15, 2019

Correlation

Correlation between EMLC and SRLN is 0.20 which considered as a very weak or no correlation - the stocks move independently of each other.

0.20

-101

Dividend Comparison (2010 - 2026)

EMLC vs SRLN dividend yield comparison.

Year	EMLC	SRLN
2026	2.02%	2.33%
2025	5.91%	7.67%
2024	6.55%	8.58%
2023	5.97%	8.44%
2022	5.54%	5.72%
2021	5.25%	4.45%
2020	4.90%	4.91%
2019	6.25%	5.39%
2018	6.50%	4.98%
2017	5.34%	4.01%
2016	5.32%	3.94%
2015	6.25%	4.43%
2014	5.98%	3.66%
2013	5.18%	1.91%
2012	4.07%	0.00%
2011	5.71%	0.00%
2010	1.83%	0.00%