Albemarle Corp. vs VanEck JP Morgan EM Local Currency Bond ETF — how do they compare? Albemarle Corp. trades at $131.2 (market cap $15.27B), while VanEck JP Morgan EM Local Currency Bond ETF trades at $25.6. The key difference: Albemarle Corp. pays a 1.27% dividend while VanEck JP Morgan EM Local Currency Bond ETF pays none. Which is the better fit depends on your goals.
| ALB | EMLC | |
|---|---|---|
Market Cap | $15.27B | — |
Sector | Basic Materials | Fixed Income |
52-Week High | $215.62 | $26.59 |
52-Week Low | $72.58 | $24.83 |
Enterprise Value | $17.75B | — |
Dividend Yield | 1.27% | — |
Trailing returns across standard periods
Albemarle is the world's largest lithium producer. Our outlook for robust lithium demand is predicated upon increased demand for electric vehicle batteries. Albemarle produces lithium from its salt brine deposits in Chile and the U.S. and its hard rock joint venture mines in Australia. Albemarle is also a global leader in the production of bromine, used in flame retardants. The company is also a major producer of oil refining catalysts.
Read more on ALB →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 →