CubeSmart vs VanEck JP Morgan EM Local Currency Bond ETF — how do they compare? CubeSmart trades at $40.56 (market cap $9.19B), while VanEck JP Morgan EM Local Currency Bond ETF trades at $25.48. The key difference: CubeSmart pays a 5.22% dividend while VanEck JP Morgan EM Local Currency Bond ETF pays none, and CubeSmart 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.
| CUBE | EMLC | |
|---|---|---|
Market Cap | $9.19B | — |
Sector | Real Estate | Fixed Income |
52-Week High | $42.34 | $26.59 |
52-Week Low | $35.36 | $24.83 |
Enterprise Value | $12.69B | — |
Dividend Yield | 5.22% | — |
Trailing returns across standard periods
CubeSmart is a real estate investment trust that acquires, owns, and manages self-storage facilities throughout the United States. The company's real estate portfolio is composed of buildings with numerous enclosed storage areas for both residential and commercial customers to rent mainly on a month-by-month basis. Most of CubeSmart's facilities are located in Florida, Texas, California, New York, and Illinois. Cumulatively, these states account for both the majority of the square footage in the company's real estate portfolio and the majority of its revenue. CubeSmart derives nearly all of its revenue from rental income from tenants utilizing its storage facilities.
Read more on CUBE →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 →