BND vs. EMBUX

Last updated Apr 4, 2026

Compare and contrast key facts about Vanguard Total Bond Market ETF (BND) and VanEck Emerging Markets Bond Fund (EMBUX).

BND is a passively managed fund by Vanguard that tracks the performance of the Bloomberg U.S. Aggregate Float Adjusted Index. It was launched on Apr 3, 2007. EMBUX is managed by VanEck. It was launched on Jul 8, 2012.

Performance

BND vs. EMBUX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Total Bond Market ETF (BND) and VanEck Emerging Markets Bond Fund (EMBUX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

BND

• 1D: 0.22%
• 1M: -0.91%
• YTD: 0.31%
• 6M: 0.97%
• 1Y: 3.73%
• 3Y*: 3.53%
• 5Y*: 0.30%
• 10Y*: 1.70%

EMBUX

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

BND vs. EMBUX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
BND Vanguard Total Bond Market ETF	0.31%	7.08%	1.38%	5.65%	-13.11%	-1.86%	7.71%	8.84%	-0.12%	3.57%
EMBUX VanEck Emerging Markets Bond Fund	0.00%	15.82%	3.09%	9.34%	-7.21%	-4.30%	11.57%	13.10%	-6.21%	11.97%

Correlation

The correlation between BND and EMBUX is 0.21, which is low. Their price movements are largely independent, making them effective diversification partners. Combining low-correlation assets is one of the most reliable ways to reduce portfolio risk without sacrificing expected returns.

BND vs. EMBUX - Expense Ratio Comparison

BND has a 0.03% expense ratio, which is lower than EMBUX's 0.95% expense ratio.

EMBUX

VanEck Emerging Markets Bond Fund

BND

Vanguard Total Bond Market ETF

Return for Risk

BND vs. EMBUX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BND

BND Risk / Return Rank: 47
BND Sharpe Ratio Rank: 52
BND Sortino Ratio Rank: 50
BND Omega Ratio Rank: 41
BND Calmar Ratio Rank: 53
BND Martin Ratio Rank: 37

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BND vs. EMBUX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Total Bond Market ETF (BND) and VanEck Emerging Markets Bond Fund (EMBUX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	BND	EMBUX	Difference
Sharpe ratio Return per unit of total volatility	1.00	—	—
Sortino ratio Return per unit of downside risk	1.42	—	—
Omega ratio Gain probability vs. loss probability	1.18	—	—
Calmar ratio Return relative to maximum drawdown	1.71	—	—
Martin ratio Return relative to average drawdown	4.64	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	BND	EMBUX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.00	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.05	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.31	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.59	—	—

Drawdowns

Drawdown Indicators

	BND	EMBUX	Difference
Max Drawdown Largest peak-to-trough decline	-18.58%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-2.44%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-17.91%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-18.58%	—	—
Current Drawdown Current decline from peak	-2.32%	—	—
Average Drawdown Average peak-to-trough decline	-3.07%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	0.90%	—	—

Volatility

Volatility by Period

	BND	EMBUX	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.65%	—	—
Volatility (6M) Calculated over the trailing 6-month period	2.51%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	4.29%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	6.00%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.52%	—	—

Dividends

BND vs. EMBUX - Dividend Comparison

BND's dividend yield for the trailing twelve months is around 3.92%, more than EMBUX's 3.58% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BND Vanguard Total Bond Market ETF	3.92%	3.86%	3.67%	3.09%	2.60%	2.12%	2.38%	2.72%	2.81%	2.54%	2.51%	2.57%
EMBUX VanEck Emerging Markets Bond Fund	3.58%	5.54%	8.20%	5.49%	8.21%	5.50%	6.56%	7.89%	7.25%	7.66%	3.94%	6.84%