Overview Performance Dividends Correlations

2 Stock and 98 ETF MSD (Morgan Stanley Emerging Markets Debt Fund) alternatives

The most close MSD (Morgan Stanley Emerging Markets Debt Fund) alternative is ETF CEFZ (RIVERNORTH ACTIVE INCOME ETF). The correlation is 0.9191.

Stocks that highly correlated with MSD

Symbol	Name	Market cap	Sector	Industry	Correlation
WDI	Western Asset Diversified Income Fund	$708M	Financial Services	Asset Management	0.81
NMAI	Nuveen Multi-Asset Income Fund	$475M	Financial Services	Asset Management	0.81

ETFs that highly correlated with MSD

Symbol	Name	AUM	Expense Ratio	Inception Date	Correlation
CEFZ	RIVERNORTH ACTIVE INCOME ETF	$40M	3.36%	Dec 27, 2006	0.92
EMD	Western Asset Emerging Markets Debt Fund Inc	$648M	N/A	N/A	0.90
CEMB	ISHARES J.P. MORGAN EM CORPORATE BOND ETF	$397M	0.50%	Apr 17, 2012	0.90
EMHY	ISHARES J.P. MORGAN EM HIGH YIELD BOND ETF	$607M	0.50%	Apr 3, 2012	0.90
EMCB	WISDOMTREE EMERGING MARKETS CORPORATE BOND FUND	$99M	0.61%	Mar 8, 2012	0.89
GHY	PGIM Global High Yield Fund Inc	$531M	N/A	N/A	0.88
DVIN	WEBs Defined Volatility XLI ETF	$313K	0.89%	Jul 22, 2025	0.88
EMB	ISHARES J.P. MORGAN USD EMERGING MARKETS BOND ETF	$15B	0.39%	Dec 17, 2007	0.88
JPMB	JPMORGAN USD EMERGING MARKETS SOVEREIGN BOND ETF	$64M	0.39%	Jan 29, 2018	0.88
HYEM	VANECK EMERGING MARKETS HIGH YIELD BOND ETF	$534M	0.40%	May 8, 2012	0.88
IYLD	ISHARES MORNINGSTAR MULTI-ASSET INCOME ETF	$126M	0.50%	Apr 3, 2012	0.88
IHY	VANECK INTERNATIONAL HIGH YIELD BOND ETF	$43M	0.40%	Apr 2, 2012	0.87
NFLT	VIRTUS NEWFLEET MULTI-SECTOR BOND ETF	$439M	0.50%	Aug 10, 2015	0.87
PCY	INVESCO EMERGING MARKETS SOVEREIGN DEBT ETF	$1.40B	0.50%	Oct 11, 2007	0.87
VWOB	VANGUARD EMERGING MARKETS GOVERNMENT BOND INDEX FUND ETF SHARES	$6.80B	0.15%	May 31, 2013	0.87
TIIV	AAM TODD INTERNATIONAL INTRINSIC VALUE ETF	$31M	0.54%	Jul 24, 2025	0.87
PHYL	PGIM ACTIVE HIGH YIELD BOND ETF	$1.30B	0.39%	Sep 24, 2018	0.85
SPHY	STATE STREET(R) SPDR(R) PORTFOLIO HIGH YIELD BOND ETF	$11B	0.05%	Jun 18, 2012	0.85
FLHY	FRANKLIN HIGH YIELD CORPORATE ETF	$1.20B	0.40%	May 30, 2018	0.85
HYDB	ISHARES HIGH YIELD SYSTEMATIC BOND ETF	$1.60B	0.35%	Jul 11, 2017	0.84
HYGV	FLEXSHARES HIGH YIELD VALUE-SCORED BOND INDEX FUND	$1.10B	0.37%	Jul 17, 2018	0.84
YYY	AMPLIFY CEF HIGH INCOME ETF	$721M	3.23%	Jun 12, 2012	0.84
FAX	abrdn Asia-Pacific Income Fund Inc	$648M	N/A	N/A	0.84
EMTL	STATE STREET(R) DOUBLELINE(R) EMERGING MARKETS FIXED INCOME ETF	$77M	0.65%	Apr 13, 2016	0.84
FPEI	FIRST TRUST INSTITUTIONAL PREFERRED SECURITIES AND INCOME ETF	$1.90B	0.85%	Aug 22, 2017	0.84
BSJR	INVESCO BULLETSHARES 2027 HIGH YIELD CORPORATE BOND ETF	$854M	0.42%	Sep 12, 2019	0.84
ERC	Allspring Multi-Sector Income Fund	$276M	N/A	N/A	0.84
NUHY	NUVEEN ESG HIGH YIELD CORPORATE BOND ETF	$108M	0.30%	Sep 25, 2019	0.84
USHY	ISHARES BROAD USD HIGH YIELD CORPORATE BOND ETF	$29B	0.08%	Oct 25, 2017	0.84
ISD	PGIM High Yield Bond Fund Inc	$457M	N/A	N/A	0.84
INKM	STATE STREET(R)INCOME ALLOCATION ETF	$72M	0.50%	Apr 25, 2012	0.84
HYUP	XTRACKERS HIGH BETA HIGH YIELD BOND ETF	$46M	0.20%	Jan 11, 2018	0.84
JGH	Nuveen Global High Income Fund	$386M	N/A	N/A	0.83
PCEF	INVESCO CEF INCOME COMPOSITE ETF	$831M	2.71%	Feb 19, 2010	0.83
SPXD	XTRACKERS S&P 500 DIVERSIFIED SECTOR WEIGHT ETF	$6.90M	0.09%	Jul 23, 2025	0.83
JNK	STATE STREET(R) SPDR(R) BLOOMBERG HIGH YIELD BOND ETF	$7.30B	0.40%	Nov 28, 2007	0.83
HYI	Western Asset High Yield Defined Opportunity Fund Inc	$148M	N/A	N/A	0.83
FCEF	FIRST TRUST INCOME OPPORTUNITIES ETF	$79M	3.69%	Sep 27, 2016	0.83
GHYG	ISHARES US & INTL HIGH YIELD CORP BOND ETF	$199M	0.40%	Apr 3, 2012	0.83
PREF	PRINCIPAL SPECTRUM PREFERRED SECURITIES ACTIVE ETF	$1.80B	0.55%	Jul 10, 2017	0.83
EAD	Allspring Income Opportunities Fund	$426M	N/A	N/A	0.83
BBIN	JPMORGAN BETABUILDERS INTERNATIONAL EQUITY ETF	$6.50B	0.07%	Dec 3, 2019	0.83
PGHY	INVESCO GLOBAL EX-US HIGH YIELD CORPORATE BOND ETF	$220M	0.35%	Jun 20, 2013	0.83
HYLB	XTRACKERS USD HIGH YIELD CORPORATE BOND ETF	$3.50B	0.05%	Dec 6, 2016	0.82
JPIB	JPMORGAN INTERNATIONAL BOND OPPORTUNITIES ETF	$2.10B	0.50%	Apr 3, 2017	0.82
AVDE	AVANTIS INTERNATIONAL EQUITY ETF	$17B	0.23%	Sep 24, 2019	0.82
GDO	Western Asset Global Corporate Defined Opportunity Fund Inc	$86M	N/A	N/A	0.82
TPIF	TIMOTHY PLAN INTERNATIONAL ETF	$245M	0.62%	Dec 2, 2019	0.82
HIO	Western Asset High Income Opportunity Fund Inc	$371M	N/A	N/A	0.82
IQSI	NYLI CANDRIAM INTERNATIONAL EQUITY ETF	$261M	0.15%	Dec 17, 2019	0.82
HYG	ISHARES IBOXX $ HIGH YIELD CORPORATE BOND ETF	$18B	0.49%	Apr 4, 2007	0.82
SHYL	XTRACKERS SHORT DURATION HIGH YIELD BOND ETF	$266M	0.20%	Jan 9, 2018	0.82
VLT	Invesco High Income Trust II	$71M	N/A	N/A	0.82
FPF	First Trust Intermediate Duration Preferred & Income Fund	$1.20B	N/A	N/A	0.82
BLW	BlackRock Ltd Duration Income Trust	$518M	N/A	N/A	0.82
FDHY	FIDELITY ENHANCED HIGH YIELD ETF	$536M	0.35%	Jun 12, 2018	0.82
EDD	Morgan Stanley Emerging Markets Domestic Debt Fund Inc	$380M	N/A	N/A	0.82
SJNK	STATE STREET(R) SPDR BLOOMBERG SHORT TERM HIGH YIELD BOND ETF	$4.90B	0.40%	Mar 14, 2012	0.82
EMHC	STATE STREET(R) SPDR(R) BLOOMBERG EMERGING MARKETS USD BOND ETF	$272M	0.23%	Apr 6, 2021	0.82
FDEV	FIDELITY INTERNATIONAL MULTIFACTOR ETF	$273M	0.18%	Feb 26, 2019	0.82
BSJQ	INVESCO BULLETSHARES 2026 HIGH YIELD CORPORATE BOND ETF	$942M	0.43%	Aug 9, 2018	0.81
BBHY	JPMORGAN BETABUILDERS USD HIGH YIELD CORPORATE BOND ETF	$611M	0.07%	Sep 15, 2016	0.81
CEFS	SABA CLOSED-END FUNDS ETF	$427M	2.61%	Mar 20, 2017	0.81
BWG	BrandywineGLOBAL - Global Income Opportunities Fund Inc	$146M	N/A	N/A	0.81
IFLN	Invesco Fundamental High Yield Corporate Bond ETF	$320M	0.23%	Nov 15, 2007	0.81
FPE	FIRST TRUST PREFERRED SECURITIES AND INCOME ETF	$6.30B	0.83%	Feb 11, 2013	0.81
YLD	PRINCIPAL ACTIVE HIGH YIELD ETF (FORMERLY PRINCIPAL ACTIVE INCOME ETF)	$573M	0.39%	Jul 8, 2015	0.81
UCON	FIRST TRUST TCW UNCONSTRAINED PLUS BOND ETF	$3.30B	0.86%	Jun 4, 2018	0.81
HYXF	ISHARES ESG ADVANCED HIGH YIELD CORPORATE BOND ETF	$205M	0.35%	Jun 14, 2016	0.81
SHYG	ISHARES 0-5 YEAR HIGH YIELD CORPORATE BOND ETF	$7.60B	0.30%	Oct 15, 2013	0.81
HYS	PIMCO 0-5 YEAR HIGH YIELD CORPORATE BOND INDEX EXCHANGE-TRADED FUND	$1.70B	0.56%	Jun 16, 2011	0.81
DHF	BNY Mellon High Yield Strategies Fund	$197M	N/A	N/A	0.81
FALN	ISHARES FALLEN ANGELS USD BOND ETF	$1.60B	0.25%	Jun 14, 2016	0.81
GEOA	WISDOMTREE GEOALPHA OPPORTUNITIES FUND	$893K	0.58%	Jul 3, 2025	0.81
VGI	Virtus Global Multi-Sector Income Fund	$91M	N/A	N/A	0.81
QEFA	STATE STREET(R) SPDR(R) MSCI EAFE STRATEGICFACTORS(SM) ETF	$1B	0.30%	Jun 4, 2014	0.81
AWF	AllianceBernstein Global High Income Fund Inc	$980M	N/A	N/A	0.81
GHYB	GOLDMAN SACHS ACCESS HIGH YIELD CORPORATE BOND ETF	$132M	0.15%	Sep 5, 2017	0.81
GAA	CAMBRIA GLOBAL ASSET ALLOCATION ETF	$71M	0.40%	Dec 9, 2014	0.81
EFAX	STATE STREET(R) SPDR(R) MSCI EAFE FOSSIL FUEL RESERVES FREE ETF	$503M	0.20%	Oct 24, 2016	0.81
AOM	ISHARES CORE 40/60 MODERATE ALLOCATION ETF	$1.80B	0.15%	Nov 4, 2008	0.80
GSIE	GOLDMAN SACHS ACTIVEBETA(R) INTERNATIONAL EQUITY ETF	$5.80B	0.25%	Nov 6, 2015	0.80
WWJD	INSPIRE INTERNATIONAL ETF	$550M	0.61%	Sep 30, 2019	0.80
JPC	Nuveen Preferred & Income Opportunities Fund	$2.90B	N/A	N/A	0.80
GAL	STATE STREET(R) GLOBAL ALLOCATION ETF	$303M	0.35%	Apr 25, 2012	0.80
EHI	Western Asset Global High Income Fund Inc	$197M	N/A	N/A	0.80
ESGD	ISHARES ESG AWARE MSCI EAFE ETF	$12B	0.20%	Jun 28, 2016	0.80
EASG	XTRACKERS MSCI EAFE SELECTION EQUITY ETF	$67M	0.14%	Sep 5, 2018	0.80
VSGX	VANGUARD ESG INTERNATIONAL STOCK ETF ETF SHARES	$6.70B	0.10%	Sep 18, 2018	0.80
EFO	PROSHARES ULTRA MSCI EAFE	$29M	N/A	Jun 4, 2009	0.80
ANGL	VANECK FALLEN ANGEL HIGH YIELD BOND ETF	$3.10B	0.25%	Apr 10, 2012	0.80
RDFI	RAREVIEW DYNAMIC FIXED INCOME ETF	$83M	4.23%	Oct 20, 2020	0.80
IEFA	ISHARES CORE MSCI EAFE ETF	$187B	0.07%	Oct 18, 2012	0.80
HYT	BlackRock Corporate High Yield Fund Inc	$1.80B	N/A	N/A	0.80
GEMD	GOLDMAN SACHS ACCESS EMERGING MARKETS USD BOND ETF	$34M	0.30%	Feb 15, 2022	0.80
DEEF	XTRACKERS FTSE DEVELOPED EX US MULTIFACTOR ETF	$54M	0.24%	Nov 24, 2015	0.80
OBND	STATE STREET(R) LOOMIS SAYLES OPPORTUNISTIC BOND ETF	$58M	0.55%	Sep 27, 2021	0.80
IDEQ	LAZARD INTERNATIONAL DYNAMIC EQUITY ETF	$1.50B	0.40%	May 29, 2015	0.80