HYEM vs IQI

Comparison between VANECK EMERGING MARKETS HIGH YIELD BOND ETF (HYEM, ETF) and Invesco Quality Municipal Income Trust (IQI, ETF).

5-Year PerformanceHYEM has outperformed IQI, delivering a return of +3.2% compared to +0.1%

HYEM vs IQI - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	HYEM(ETF)	IQI(ETF)
Net Assets	$522M	$521M
Expense Ratio	0.40%	N/A
Max Drawdown	40.87%	55.16%
Sharpe Ratio	0.72	1.14
5Y Beta	0.23	0.25
5Y Dividends CAGR	0.22%	5.73%

Net Assets

Winner

HYEM

$522M

IQI

$521M

Expense Ratio

HYEM

0.40%

IQI

N/A

Max Drawdown

Winner

HYEM

40.87%

IQI

55.16%

Sharpe Ratio

HYEM

0.72

Winner

IQI

1.14

5Y Beta

Winner

HYEM

0.23

IQI

0.25

5Y Dividends CAGR

HYEM

0.22%

Winner

IQI

5.73%

HYEM vs IQI - Historical Returns

Returns include dividend reinvestment.

Period	HYEM	IQI
1 month	+1.20%	+2.04%
3 months	+1.92%	+5.32%
6 months	+2.65%	+3.12%
1 year	+7.27%	+15.48%
5 years(CAGR)	+3.25%	+0.11%
10 years(CAGR)	+4.26%	+2.47%
Max(CAGR)	+4.75%	+5.38%

HYEM

+1.20%

Winner

IQI

+2.04%

HYEM

+1.92%

Winner

IQI

+5.32%

HYEM

+2.65%

Winner

IQI

+3.12%

HYEM

+7.27%

Winner

IQI

+15.48%

5Y(CAGR)

Winner

HYEM

+3.25%

IQI

+0.11%

10Y(CAGR)

Winner

HYEM

+4.26%

IQI

+2.47%

Max(CAGR)

HYEM

+4.75%

Winner

IQI

+5.38%

HYEM vs IQI - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	HYEM	IQI
2026	+5.11%	+6.71%
2025	+9.01%	+8.56%
2024	+12.45%	+9.98%
2023	+7.86%	+4.31%
2022	-12.90%	-27.10%
2021	-0.98%	+9.25%
2020	+6.12%	+8.86%
2019	+13.10%	+15.59%
2018	-3.50%	-4.47%
2017	+8.03%	+6.13%
2016	+15.76%	+2.85%
2015	+3.55%	+8.13%
2014	-2.46%	+19.39%
2013	-1.69%	-14.68%
2012	+12.10%	+7.81%
2011	N/A	+19.74%
2010	N/A	+8.35%
2009	N/A	+33.00%
2008	N/A	-20.84%
2007	N/A	-8.00%
2006	N/A	+10.77%
2005	N/A	+10.91%
2004	N/A	+1.23%
2003	N/A	+11.68%
2002	N/A	+7.07%
2001	N/A	+9.01%
2000	N/A	+16.17%
1999	N/A	-6.11%

HYEM vs IQI Drawdown Comparison

The maximum drawdown for HYEM was -30.96%, occurring on Mar 19, 2020. Recovery took 192 trading sessions.

The maximum drawdown for IQI was -50.21%, occurring on Oct 10, 2008. Recovery took 692 trading sessions.

The current IQI drawdown is -1.24%.

Rank	HYEM	IQI
#1	-30.96% Feb 12, 2020 - Nov 13, 2020	-50.21% May 7, 2007 - Feb 3, 2010
#2	-26.31% Jun 24, 2021 - Sep 17, 2024	-35.34% Jul 29, 2021 - Jul 14, 2026
#3	-14.00% Jul 11, 2014 - May 13, 2016	-26.28% Mar 4, 2020 - Nov 24, 2020
#4	-9.87% May 9, 2013 - Apr 1, 2014	-22.85% Jul 25, 2012 - Jan 13, 2015
#5	-7.30% Feb 1, 2018 - Feb 5, 2019	-18.18% Sep 30, 2010 - Oct 28, 2011
#6	-5.22% Feb 28, 2025 - May 16, 2025	-13.33% Aug 18, 2016 - Apr 10, 2019
#7	-4.81% Sep 30, 2016 - Jan 5, 2017	-11.24% Mar 23, 2004 - Feb 4, 2005
#8	-4.52% Aug 1, 2019 - Nov 25, 2019	-10.07% Jun 17, 2003 - Jan 15, 2004
#9	-3.51% May 14, 2012 - Jun 25, 2012	-9.68% Nov 5, 1999 - Feb 3, 2000
#10	-2.73% Feb 25, 2026 - Apr 16, 2026	-9.35% Feb 2, 2015 - Dec 1, 2015
#11	-2.50% Jun 25, 2012 - Jul 13, 2012	-8.54% Sep 12, 2000 - Jan 2, 2001
#12	-2.02% Feb 19, 2021 - May 6, 2021	-7.40% Mar 1, 2012 - Jun 11, 2012
#13	-1.78% Sep 11, 2012 - Oct 16, 2012	-7.23% Oct 2, 2002 - Feb 27, 2003
#14	-1.77% Jan 23, 2013 - Apr 4, 2013	-7.19% Feb 4, 2002 - Jul 10, 2002
#15	-1.60% Jan 17, 2020 - Feb 12, 2020	-7.14% Feb 8, 2000 - Jul 18, 2000

Correlation

Correlation between HYEM and IQI is 0.90 which considered as a very strong positive correlation - the stocks move almost identically together.

0.90

-101

Dividend Comparison (2000 - 2026)

HYEM vs IQI dividend yield comparison.

Year	HYEM	IQI
2026	3.97%	5.00%
2025	6.67%	7.60%
2024	6.34%	6.48%
2023	6.27%	4.70%
2022	6.47%	5.82%
2021	5.33%	4.53%
2020	5.56%	4.61%
2019	6.14%	4.88%
2018	5.71%	6.04%
2017	5.86%	5.33%
2016	6.25%	6.15%
2015	7.64%	6.08%
2014	6.77%	6.24%
2013	6.14%	7.39%
2012	3.91%	6.43%
2011	0.00%	6.46%
2010	0.00%	6.96%
2009	0.00%	6.59%
2008	0.00%	7.30%
2007	0.00%	5.66%
2006	0.00%	6.73%
2005	0.00%	7.70%
2004	0.00%	6.33%
2003	0.00%	8.51%
2002	0.00%	8.43%
2001	0.00%	8.85%
2000	0.00%	2.65%