Global X Emerging Markets Bond ETF (EMBD) Sharpe Ratio: 1.62

EMBD's Sharpe Ratio of 1.62 indicates that for each unit of volatility, it generates 1.62 units of excess return above the risk-free rate. The ratio is calculated using historical daily returns over the past 12 months (as of Jun 24, 2026).

Sharpe uses total volatility (standard deviation) which includes both upside and downside price movements, making it useful for comparing risk-adjusted returns across different assets. For how to read this number and when it can mislead, see Sharpe Ratio Explained.

EMBD Sharpe Ratio Rank

Average

EMBD ranks above 50.0% of all investments in our database based on Sharpe Ratio over the past 12 months, showing balanced returns relative to total risk taken. Securities are ranked from 0 (worst) to 100 (best).

What moves the rank

Strong returns with low total volatility → Higher rank
High volatility (both upside and downside) → Lower rank
Consistent returns → Higher rank than volatile returns of same magnitude
Sharp drawdowns increase volatility → Lower rank

What you can do with this information

Returns are proportional to volatility—neither strong nor weak
Evaluate whether the volatility profile aligns with your risk tolerance
Review higher-ranked alternatives in the same category
Monitor rank direction to identify improving or deteriorating trends

EMBD Sharpe Ratio Market Positioning

The chart shows EMBD's Sharpe Ratio relative to all ETFs on our platform, with color zones indicating percentile rankings. Higher ratios indicate better risk-adjusted returns.

Red zone (bottom 25%): 0.83 or lower
Yellow zone (middle 50%): 0.83 to 2.16
Green zone (top 25%): 2.16 or higher
Top 1%: 7.05+
Median: 1.57 — half of all investments score higher

How it compares to other similar ETFs

The table compares Global X Emerging Markets Bond ETF's Sharpe Ratio with other ETFs in the Emerging Markets Bonds category across multiple time periods, showing how EMBD's risk-adjusted performance compares to similar funds.

Data shows 1-, 5-, and 10-year periods, plus each fund's all-time average, as of Jun 24, 2026.

Symbol	Name	1Y Sharpe Ratio
VEMY	Virtus Stone Harbor Emerging Markets High Yield Bond ETF	2.94
KHYB	KraneShares Asia Pacific High Income Bond ETF	2.77
GAEM	Simplify Gamma Emerging Market Bond ETF	2.69
CBON	VanEck Vectors ChinaAMC China Bond ETF	2.47
XEMD	BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF	2.39
EMBX	VanEck Emerging Markets Bond ETF	2.21
EMHY	iShares J.P. Morgan EM High Yield Bond ETF	2.20
BEMB	Ishares J.P. Morgan Broad USD Emerging Markets Bond ETF	2.06
EMHC	SPDR Bloomberg Emerging Markets USD Bond ETF	1.99
JPMB	JPMorgan USD Emerging Markets Sovereign Bond ETF	1.96
EMBD	Global X Emerging Markets Bond ETF	1.62

Benchmark Against

Benchmark

S&P 500 Index

Lookback Period

How to choose period

Historical Sharpe Ratio

The chart shows EMBD's rolling Sharpe ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to total volatility, while declining trends may signal deteriorating risk-adjusted performance or increased volatility. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.

Identify market cycles by observing when EMBD consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

Loading charts...

Sharpe Ratio Calculator

How does EMBD fit in your portfolio?

Add your other holdings to see your portfolio's Sharpe Ratio and find out.

Analyze Your Portfolio