VanEck JP Morgan EM Local Currency Bond ETF vs Consumer Staples Select Sector SPDR Fund — how do they compare? VanEck JP Morgan EM Local Currency Bond ETF trades at $25.67, while Consumer Staples Select Sector SPDR Fund trades at $84.58. The key difference: Consumer Staples Select Sector SPDR Fund 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 | XLP | |
|---|---|---|
Sector | Fixed Income | — |
52-Week High | $26.59 | $90.00 |
52-Week Low | $24.83 | $75.61 |
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 →In seeking to track the performance of the index, the fund employs a replication strategy. It generally invests substantially all, but at least 95%, of its total assets in the securities comprising the index. The index includes companies that have been identified as Consumer Staples companies by the GICS®. It is non-diversified.
Read more on XLP →