ATLASVanEck Emerging Markets High Yield Bond ETF (HYEM): outlook, holdings and fees
VanEck Emerging Markets High Yield Bond ETF (HYEM) is an exchange-traded fund and is managed by VanEck. The expense ratio is 0.39% and the yield is 6.96%. The ten largest holdings are 5% of the fund.
Fund data as of Oct 14, 2026 · Price Nov 2, 2026
ATLAS view on HYEM
| Last price | $19.21 (-0.4%) |
|---|---|
| ATLAS chance of a higher price in 1 month | 67% |
| Likely 1-month range (50%) | $19.15 – $19.49 |
| Normal 1-day range (±1σ) | ±0.3% |
| Distribution yield | 6.96% |
ATLAS probabilities use the same calibrated model as every stock page. A fair value is shown for companies, not funds; the holdings below link to the fair value of each company.
HYEM fund facts
| Issuer | VanEck |
|---|---|
| Theme | High-yield bonds |
| Assets under management | $511M |
| Expense ratio | 0.39% |
| Number of holdings | 10 |
| Portfolio turnover | 21% |
| Inception | May 8, 2012 |
| Exchange | NYSE |
The fund normally invests at least 80% of its total assets in securities that comprise the fund's benchmark index. The index is comprised of U.S. dollar denominated bonds issued by non-sovereign emerging market issuers that have a below investment grade rating and that are issued in the major domestic and Eurobond markets.
HYEM top holdings
| Holding | Sector | Weight |
|---|---|---|
| Teva Pharmaceutical Finance Netherlands III B.V. 3.15% | – | 0.67% |
| Teva Pharmaceutical Finance Netherlands III B.V. 2.8% | – | 0.61% |
| SB Capital SA 5.12% | – | 0.52% |
| Southern Gas Corridor 6.88% | – | 0.50% |
| Tullow Oil 10.25% | – | 0.49% |
| CEMEX S.A.B. de C.V. 3.88% | – | 0.41% |
| DP World Salaam 6% | – | 0.42% |
| First Quantum Minerals Ltd. 6.88% | – | 0.42% |
| Sasol Financing USA LLC 5.88% | – | 0.41% |
| BBVA Bancomer SA Institucion de Banca Multiple Grupo Financiero BBVA Bancom | – | 0.38% |
Holdings with an ATLAS page link to their probability range, fair value and earnings calendar.
HYEM returns and risk
| Year to date | +2.7% |
|---|---|
| 1 year | +5.1% |
| 3 years (annualised) | +10.7% |
| 5 years (annualised) | +3.7% |
| 10 years (annualised) | +4.1% |
| Volatility (3 years) | 4.0% |
| Sharpe ratio (3 years) | 1.23 |
Past returns do not guarantee future results.
HYEM: frequently asked questions
What does HYEM invest in?
VanEck Emerging Markets High Yield Bond ETF invests in a portfolio of securities. Its largest holdings are Teva Pharmaceutical Finance Netherlands III B.V. 3.15% (0.7%), Teva Pharmaceutical Finance Netherlands III B.V. 2.8% (0.6%), SB Capital SA 5.12% (0.5%), Southern Gas Corridor 6.88% (0.5%), Tullow Oil 10.25% (0.5%).
What is the HYEM expense ratio?
0.39% a year: about $39.00 for every $10,000 invested.
What is the HYEM dividend yield?
6.96%. ATLAS does not hold the exact distribution dates for ETFs.
Will HYEM go up?
Nobody can know. The ATLAS model puts the chance of a higher price in one month at 67%, with a likely range (50%) of $19.15 to $19.49 from $19.21 today. It is a probability, not a prediction.
How has HYEM performed?
Year to date +2.7%, one year +5.1%, three years +10.7% a year, five years +3.7% a year. Past returns do not guarantee future results.
Similar ETFs: High-yield bonds
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- Invesco High Yield Equity Dividend Achievers ETF (PEY)
- FlexShares High Yield Value-Scored Bond Index Fund (HYGV)
- Fidelity Enhanced High Yield ETF (FDHY)
- Simplify High Yield ETF (CDX)
- ProShares High Yield—Interest Rate Hedged ETF (HYHG)
- Xtrackers Short Duration High Yield Bond ETF (SHYL)
- iShares € High Yield Corp Bond UCITS ETF (HYXU)
Educational information, not investment advice. Disclaimer