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EMD correlations (Western Asset Emerging Markets Debt Fund Inc)

EMD measured against 4756 US stocks and ETFs: closest co-movers on one side, the best offsets on the other, all from weekly returns.

Data as of 2026-08-27 · refreshed every trading day · US Listed

Volatility (ann.)

14.1%

3y weekly

Beta vs S&P 500

0.51

3y weekly

1-year return

+15.0%

price, adjusted

5-year return

+28.3%

price, adjusted

P/E ratio

6.7

trailing

Max drawdown

-13.3%

3y, daily closes

EMD over the last 12 months, weekly closes indexed to 100 at the start.

Stocks and ETFs most correlated with EMD

Asset		Correlation (3Y)
TEI	Templeton Emerging Markets Income Fund, Inc.	0.76
GHY	PGIM Global High Yield Fund, Inc.	0.76
VGI	Virtus Global Multi-Sector Income Fund	0.75
MSD	Morgan Stanley Emerging Markets Debt Fund, Inc.	0.75
AWF	Alliancebernstein Global High Income Fund	0.73

These are the assets whose returns had the least to do with EMD's, historically the most independent picks in our universe.

Asset		Correlation (3Y)
VXX	iPath Series B S&P 500 VIX Short-Term Futures ETN	-0.53
VXZ	iPath Series B S&P 500 VIX Mid-Term Futures ETN	-0.52
FNGD	MicroSectors FANG Index -3X Inverse Leveraged ETNs due	-0.33

Free API · no key required

$ curl https://www.pairbook.io/api/v1/symbols/emd.json

Correlations, diversifiers, beta and volatility for EMD, plus one endpoint per pair. API documentation.