Advance Auto Parts, Inc. vs VanEck JP Morgan EM Local Currency Bond ETF — how do they compare? Advance Auto Parts, Inc. trades at $53.31 (market cap $3.19B), while VanEck JP Morgan EM Local Currency Bond ETF trades at $25.6. The key difference: Advance Auto Parts, Inc. pays a 1.89% dividend while VanEck JP Morgan EM Local Currency Bond ETF pays none, and Advance Auto Parts, Inc. is trading nearer its 52-week high, VanEck JP Morgan EM Local Currency Bond ETF nearer its low. Which is the better fit depends on your goals.
| AAP | EMLC | |
|---|---|---|
Market Cap | $3.19B | — |
Sector | Consumer Cyclical | Fixed Income |
52-Week High | $64.17 | $26.59 |
52-Week Low | $38.75 | $24.83 |
Enterprise Value | $5.47B | — |
Dividend Yield | 1.89% | — |
Trailing returns across standard periods
Advance Auto Parts is one of the industry's largest retailers of aftermarket automotive parts, tools, and accessories to do-it-yourself customers in North America. Advance operated 4,972 stores as of the end of 2021, in addition to servicing 1,317 independently owned Carquest stores. The company's Worldpac unit is a premier distributor of imported original-equipment parts. Advance derived 58% of its 2021 sales from commercial clients, up from 30%-40% before the General Parts deal.
Read more on AAP →EMLC invests in local currency-denominated government bonds from emerging market countries. It provides exposure to sovereign debt in nations like Brazil, Mexico, and South Africa, allowing investors to gain from high yields and potential local currency appreciation.
Read more on EMLC →