VanEck JP Morgan EM Local Currency Bond ETF vs McKesson Corporation — how do they compare? VanEck JP Morgan EM Local Currency Bond ETF trades at $25.6, while McKesson Corporation trades at $899.7 (market cap $105.14B). The key difference: McKesson Corporation pays a 0.42% dividend while VanEck JP Morgan EM Local Currency Bond ETF pays none, and McKesson Corporation 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.
| EMLC | MCK | |
|---|---|---|
Sector | Fixed Income | Health |
52-Week High | $26.59 | $995.69 |
52-Week Low | $24.83 | $659.01 |
Market Cap | — | $105.14B |
Enterprise Value | — | $111.67B |
Dividend Yield | — | 0.42% |
Trailing returns across standard periods
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 →McKesson is a leading wholesaler of branded, generic, and specialty pharmaceutical products to pharmacies (retail chains, independent, and mail order), hospitals networks, and healthcare providers. Along with AmerisourceBergen and Cardinal Health, the three account for well over 90% of the U.S. pharmaceutical wholesale industry. McKesson is currently divesting from its pharmaceutical wholesale and distribution in Europe and Canada in order to redeploy capital to strategic growth areas in the U.S. (oncology network and ecosystem, and biopharma services). Additionally, the company supplies medical-surgical products and equipment to healthcare facilities and provides a variety of technology solutions for pharmacies.
Read more on MCK →