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SPDR DoubleLine Emerging Markets Fixed Income ETF (EMTL) Sharpe Ratio: 2.60

ETF · Currency in USD · Last updated Jun 3, 2026

EMTL is an actively managed ETF by State Street. EMTL launched on Apr 13, 2016 and has a 0.65% expense ratio.

EMTL's Sharpe Ratio of 2.60 indicates that for each unit of volatility, it generates 2.60 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 3, 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.

EMTL Sharpe Ratio Rank

EMTL Sharpe Ratio Rank: 78.679
Above Average

EMTL ranks above 78.6% of all investments in our database based on Sharpe Ratio over the past 12 months, indicating above-average returns relative to volatility. 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

  • Above-average risk-adjusted returns 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 efficiency

EMTL Sharpe Ratio Market Positioning

The chart shows EMTL'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%): 0.91 or lower
  • Yellow zone (middle 50%): 0.91 to 2.51
  • Green zone (top 25%): 2.51 or higher
  • Top 1%: 7.78+
  • Median: 1.77 — half of all investments score higher

How it compares to other similar ETFs

The table compares SPDR DoubleLine Emerging Markets Fixed Income ETF's Sharpe Ratio with other ETFs in the Emerging Markets Bonds category across multiple time periods, showing how EMTL'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 3, 2026.

SymbolName1Y Sharpe Ratio5Y Sharpe Ratio10Y Sharpe RatioAll Time Sharpe Ratio
VEMYVirtus Stone Harbor Emerging Markets High Yield Bond ETF3.18
KHYBKraneShares Asia Pacific High Income Bond ETF3.09
GAEMSimplify Gamma Emerging Market Bond ETF2.92
EMBXVanEck Emerging Markets Bond ETF2.79
XEMDBondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF2.73
CBONVanEck Vectors ChinaAMC China Bond ETF2.70
EMTLSPDR DoubleLine Emerging Markets Fixed Income ETF2.60
EMHYiShares J.P. Morgan EM High Yield Bond ETF2.45
BEMBIshares J.P. Morgan Broad USD Emerging Markets Bond ETF2.44
JPMBJPMorgan USD Emerging Markets Sovereign Bond ETF2.32

S&P 500 Index

How to choose period

Historical Sharpe Ratio

The chart shows EMTL'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 EMTL consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

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Sharpe Ratio Calculator

How does EMTL fit in your portfolio?

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