WIW vs EMHY

Comparison between Western Asset Inflation-Linked Opportunities & Income Fund (WIW, ETF) and ISHARES J.P. MORGAN EM HIGH YIELD BOND ETF (EMHY, ETF).

5-Year PerformanceEMHY has outperformed WIW, delivering a return of +4.2% compared to +0.7%

WIW vs EMHY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	WIW(ETF)	EMHY(ETF)
Net Assets	$586M	$584M
Expense Ratio	N/A	0.50%
Max Drawdown	47.87%	43.77%
Sharpe Ratio	0.56	1.46
5Y Beta	0.17	0.30
5Y Dividends CAGR	16.54%	0.80%

Net Assets

Winner

WIW

$586M

EMHY

$584M

Expense Ratio

WIW

N/A

EMHY

0.50%

Max Drawdown

WIW

47.87%

Winner

EMHY

43.77%

Sharpe Ratio

WIW

0.56

Winner

EMHY

1.46

5Y Beta

Winner

WIW

0.17

EMHY

0.30

5Y Dividends CAGR

Winner

WIW

16.54%

EMHY

0.80%

WIW vs EMHY - Historical Returns

Returns include dividend reinvestment.

Period	WIW	EMHY
1 month	+0.03%	+0.50%
3 months	-0.12%	+1.34%
6 months	+0.79%	+3.33%
1 year	+7.99%	+12.77%
5 years(CAGR)	+0.73%	+4.17%
10 years(CAGR)	+4.05%	+4.65%
Max(CAGR)	+3.20%	+4.94%

WIW

+0.03%

Winner

EMHY

+0.50%

WIW

-0.12%

Winner

EMHY

+1.34%

WIW

+0.79%

Winner

EMHY

+3.33%

WIW

+7.99%

Winner

EMHY

+12.77%

5Y(CAGR)

WIW

+0.73%

Winner

EMHY

+4.17%

10Y(CAGR)

WIW

+4.05%

Winner

EMHY

+4.65%

Max(CAGR)

WIW

+3.20%

Winner

EMHY

+4.94%

WIW vs EMHY - Annual Returns (2004 - 2026)

Returns include dividend reinvestment.

Year	WIW	EMHY
2026	+2.27%	+2.50%
2025	+12.87%	+13.16%
2024	+3.83%	+12.94%
2023	+5.18%	+10.68%
2022	-24.22%	-12.40%
2021	+17.98%	-1.83%
2020	+11.08%	+3.40%
2019	+17.46%	+12.72%
2018	-8.61%	-5.59%
2017	+6.79%	+8.51%
2016	+11.57%	+15.66%
2015	-6.44%	+1.72%
2014	+3.15%	+1.66%
2013	-12.26%	-6.95%
2012	+6.82%	+18.07%
2011	+5.55%	N/A
2010	+8.36%	N/A
2009	+16.80%	N/A
2008	-4.76%	N/A
2007	+8.12%	N/A
2006	+1.29%	N/A
2005	-1.60%	N/A
2004	-8.66%	N/A

WIW vs EMHY Drawdown Comparison

The maximum drawdown for WIW was -29.45%, occurring on Sep 29, 2022. This drawdown has not yet recovered.

The maximum drawdown for EMHY was -30.11%, occurring on Mar 18, 2020. Recovery took 204 trading sessions.

The current WIW drawdown is -5.79%. The current EMHY drawdown is -0.69%.

Rank	WIW	EMHY
#1	-29.45% Dec 31, 2021 - Sep 29, 2022	-30.11% Feb 14, 2020 - Dec 4, 2020
#2	-29.11% Jul 10, 2008 - Aug 19, 2009	-25.84% Sep 14, 2021 - Jul 31, 2024
#3	-24.98% Feb 21, 2020 - Nov 16, 2020	-14.90% Jul 24, 2014 - Apr 19, 2016
#4	-20.83% Mar 10, 2004 - Jan 2, 2008	-14.03% May 9, 2013 - May 23, 2014
#5	-16.93% Apr 8, 2013 - Sep 20, 2017	-9.70% Jan 5, 2018 - Mar 15, 2019
#6	-10.95% Jan 12, 2018 - Jun 20, 2019	-6.31% May 7, 2012 - Jul 6, 2012
#7	-7.15% Nov 10, 2010 - Jul 29, 2011	-5.96% Feb 28, 2025 - May 16, 2025
#8	-4.73% Dec 1, 2009 - Apr 26, 2010	-5.88% Oct 25, 2016 - Feb 3, 2017
#9	-4.67% Nov 11, 2021 - Dec 31, 2021	-4.47% Dec 30, 2020 - May 25, 2021
#10	-4.46% Feb 9, 2021 - Apr 19, 2021	-4.34% Feb 18, 2026 - Apr 17, 2026
#11	-4.13% May 6, 2010 - Aug 9, 2010	-3.99% Jul 26, 2019 - Dec 16, 2019
#12	-4.11% Aug 18, 2011 - Jan 4, 2012	-2.95% Jan 3, 2013 - May 2, 2013
#13	-3.95% Feb 6, 2008 - Apr 14, 2008	-2.73% Oct 19, 2017 - Jan 4, 2018
#14	-2.91% Jun 15, 2021 - Jul 6, 2021	-2.34% Dec 6, 2024 - Jan 30, 2025
#15	-2.82% Dec 31, 2020 - Jan 19, 2021	-2.20% Sep 7, 2016 - Oct 24, 2016

Correlation

Correlation between WIW and EMHY is 0.86 which considered as a strong positive correlation - the stocks tend to move together.

0.86

-101

Dividend Comparison (2004 - 2026)

WIW vs EMHY dividend yield comparison.

Year	WIW	EMHY
2026	3.69%	2.71%
2025	8.68%	6.52%
2024	8.78%	6.86%
2023	10.38%	6.73%
2022	11.81%	7.08%
2021	6.93%	5.58%
2020	3.20%	5.44%
2019	3.74%	5.72%
2018	4.26%	6.79%
2017	3.70%	5.59%
2016	3.61%	6.43%
2015	3.91%	6.99%
2014	3.85%	6.36%
2013	3.36%	6.03%
2012	2.79%	3.54%
2011	4.20%	0.00%
2010	3.81%	0.00%
2009	4.15%	0.00%
2008	8.65%	0.00%
2007	6.31%	0.00%
2006	5.45%	0.00%
2005	7.92%	0.00%
2004	6.78%	0.00%