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SPDR Bloomberg Emerging Markets USD Bond ETF (EMHC) Sortino Ratio: 2.01

EMHC's Sortino Ratio of 2.01 indicates that for each unit of downside volatility, it generates 2.01 units of excess return. The ratio is calculated using historical daily returns over the past 12 months (as of Apr 1, 2026).

Unlike other measures, Sortino only focuses on downside volatility (losses), making it particularly useful for investors more concerned about protecting against drawdowns than overall price swings.

EMHC Sortino Ratio Rank


EMHC Sortino Ratio Rank: 78.679
Above Average

EMHC ranks above 78.6% of all investments in our database based on Sortino Ratio over the past 12 months, indicating above-average returns relative to downside risk taken. Securities are ranked from 0 (worst) to 100 (best).

What moves the rank

  • Strong returns with minimal downside volatility → Higher rank
  • Severe or frequent drawdowns → Lower rank
  • Upside volatility → No impact (Sortino doesn't penalize upside swings)

What you can do with this information

  • Above-average downside protection with room for improvement
  • Compare against category peers to gauge relative positioning
  • Monitor for movement toward top tier or decline toward median
  • Consider pairing with top-tier holdings to improve portfolio risk profile

EMHC Sortino Ratio Market Positioning

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


  • Red zone (bottom 25%): 0.77 or lower
  • Yellow zone (middle 50%): 0.77 to 1.96
  • Green zone (top 25%): 1.96 or higher
  • Top 1%: 9.70+
  • Median: 1.39 — half of all investments score higher

How it compares to other similar ETFs

The table compares SPDR Bloomberg Emerging Markets USD Bond ETF's Sortino Ratio with other ETFs in the Emerging Markets Bonds category across multiple time periods, showing how EMHC'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 Apr 1, 2026.


SymbolName1Y Sortino Ratio5Y Sortino Ratio10Y Sortino RatioAll Time Sortino Ratio
CBONVanEck Vectors ChinaAMC China Bond ETF2.79
GAEMSimplify Gamma Emerging Market Bond ETF2.67
XEMDBondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF2.64
LEMBiShares J.P. Morgan EM Local Currency Bond ETF2.29
EMLCVanEck Vectors J.P. Morgan EM Local Currency Bond ETF2.28
VEMYVirtus Stone Harbor Emerging Markets High Yield Bond ETF2.27
FEMBFirst Trust Emerging Markets Local Currency Bond ETF2.07
EMHCSPDR Bloomberg Emerging Markets USD Bond ETF2.01
BEMBIshares J.P. Morgan Broad USD Emerging Markets Bond ETF2.01
GEMDGoldman Sachs Access Emerging Markets USD Bond ETF1.96

S&P 500 Index

How to choose period

Historical Sortino Ratio

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

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


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Explore EMHC risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.