BREM vs. EBND
BREM (iShares Emerging Markets Bond Active ETF) and EBND (SPDR Bloomberg Barclays Emerging Markets Local Bond ETF) are both Emerging Markets Bonds funds. BREM is actively managed, while EBND is passively managed. A 0.70 correlation means they provide meaningful diversification when combined. BREM charges 0.50%/yr vs 0.30%/yr for EBND.
Performance
BREM vs. EBND - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, BREM achieves a 3.26% return, which is significantly higher than EBND's -0.09% return.
BREM
- 1D
- -0.21%
- 1M
- 1.16%
- YTD
- 3.26%
- 6M
- 3.89%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
EBND
- 1D
- 0.14%
- 1M
- 0.26%
- YTD
- -0.09%
- 6M
- 0.99%
- 1Y
- 5.43%
- 3Y*
- 5.57%
- 5Y*
- 0.06%
- 10Y*
- 1.65%
BREM vs. EBND - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
BREM iShares Emerging Markets Bond Active ETF | 3.26% | 2.74% |
EBND SPDR Bloomberg Barclays Emerging Markets Local Bond ETF | -0.09% | 1.38% |
Correlation
The correlation between BREM and EBND is 0.70, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Oct 17, 2025 | 0.70 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
BREM vs. EBND — Risk / Return Rank
BREM
EBND
BREM vs. EBND - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Emerging Markets Bond Active ETF (BREM) and SPDR Bloomberg Barclays Emerging Markets Local Bond ETF (EBND). 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.
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
Loading charts...
Sharpe Ratios by Period
| BREM | EBND | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | — | 0.79 | — |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.01 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.18 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.75 | 0.10 | +1.65 |
Drawdowns
BREM vs. EBND - Drawdown Comparison
The maximum BREM drawdown since its inception was -4.54%, smaller than the maximum EBND drawdown of -29.51%. Use the drawdown chart below to compare losses from any high point for BREM and EBND.
Loading charts...
Drawdown Indicators
| BREM | EBND | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -4.54% | -29.51% | +24.97% |
Max Drawdown (1Y)Largest decline over 1 year | — | -6.63% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -9.25% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -27.57% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -29.50% | — |
Current DrawdownCurrent decline from peak | -0.21% | -3.10% | +2.89% |
Average DrawdownAverage peak-to-trough decline | -0.67% | -10.86% | +10.19% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 1.99% | — |
Volatility
BREM vs. EBND - Volatility Comparison
Loading charts...
Volatility by Period
| BREM | EBND | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 2.30% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 5.94% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 5.70% | 6.91% | -1.21% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.70% | 8.97% | -3.27% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.70% | 9.19% | -3.49% |
BREM vs. EBND - Expense Ratio Comparison
BREM has a 0.50% expense ratio, which is higher than EBND's 0.30% expense ratio.
Dividends
BREM vs. EBND - Dividend Comparison
BREM's dividend yield for the trailing twelve months is around 3.91%, less than EBND's 5.82% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
BREM iShares Emerging Markets Bond Active ETF | 3.91% | 1.19% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
EBND SPDR Bloomberg Barclays Emerging Markets Local Bond ETF | 5.82% | 5.54% | 5.89% | 5.26% | 4.75% | 3.83% | 3.67% | 4.68% | 4.70% | 2.00% |
Frequently Asked Questions
BREM and EBND have a correlation of 0.70, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, EBND is cheaper at 0.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EBND is cheaper with a 0.30% expense ratio, compared with 0.50% for BREM.
EBND has the higher dividend yield at 5.82%, compared with 3.91% for BREM.
They also come from different issuers: BlackRock and State Street. Their fees differ too: 0.50% for BREM and 0.30% for EBND.
Find the right allocation for BREM and EBND
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer