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SPDR DoubleLine Emerging Markets Fixed Income ETF (EMTL) Sharpe Ratio: 1.55
Delisted

ETF · Currency in USD · Last updated Aug 2, 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 1.55 indicates that for each unit of volatility, it generates 1.55 units of excess return above the risk-free rate. The ratio is calculated using historical daily returns over the past 12 months (as of Aug 2, 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.

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%): 0.56 or lower
  • Yellow zone (middle 50%): 0.56 to 1.74
  • Green zone (top 25%): 1.74 or higher
  • Top 1%: 6.37+
  • Median: 1.25 — 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 Aug 2, 2026.

SymbolName1Y Sharpe Ratio5Y Sharpe Ratio10Y Sharpe RatioAll Time Sharpe Ratio
CBONVanEck Vectors ChinaAMC China Bond ETF2.68
KHYBKraneShares Asia Pacific High Income Bond ETF2.41
VEMYVirtus Stone Harbor Emerging Markets High Yield Bond ETF2.15
GAEMSimplify Gamma Emerging Market Bond ETF2.11
EMBXVanEck Emerging Markets Bond ETF1.98
XEMDBondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF1.88
EMHYiShares J.P. Morgan EM High Yield Bond ETF1.68
BEMBIshares J.P. Morgan Broad USD Emerging Markets Bond ETF1.43
LEMBiShares J.P. Morgan EM Local Currency Bond ETF1.43
EMHCSPDR Bloomberg Emerging Markets USD Bond ETF1.32
EMTLSPDR DoubleLine Emerging Markets Fixed Income ETF—
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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

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