EBND vs. BND
Compare and contrast key facts about SPDR Bloomberg Barclays Emerging Markets Local Bond ETF (EBND) and Vanguard Total Bond Market ETF (BND).
EBND and BND are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EBND is a passively managed fund by State Street that tracks the performance of the Bloomberg Emerging Market Local Currency Government Diversified. It was launched on Feb 23, 2011. BND is a passively managed fund by Vanguard that tracks the performance of the Barclays Capital U.S. Aggregate Bond Index. It was launched on Apr 3, 2007. Both EBND and BND are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: EBND or BND.
Key characteristics
| EBND | BND | |
|---|---|---|
| YTD Return | -2.04% | 1.55% |
| 1Y Return | 2.84% | 6.53% |
| 3Y Return (Ann) | -2.35% | -2.38% |
| 5Y Return (Ann) | -1.82% | -0.27% |
| 10Y Return (Ann) | -0.59% | 1.40% |
| Sharpe Ratio | 0.62 | 1.34 |
| Sortino Ratio | 0.98 | 1.98 |
| Omega Ratio | 1.11 | 1.24 |
| Calmar Ratio | 0.27 | 0.51 |
| Martin Ratio | 1.68 | 4.70 |
| Ulcer Index | 2.91% | 1.67% |
| Daily Std Dev | 7.89% | 5.84% |
| Max Drawdown | -29.50% | -18.84% |
| Current Drawdown | -15.27% | -9.21% |
Correlation
The correlation between EBND and BND is 0.22, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
EBND vs. BND - Performance Comparison
In the year-to-date period, EBND achieves a -2.04% return, which is significantly lower than BND's 1.55% return. Over the past 10 years, EBND has underperformed BND with an annualized return of -0.59%, while BND has yielded a comparatively higher 1.40% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
EBND vs. BND - Expense Ratio Comparison
EBND has a 0.30% expense ratio, which is higher than BND's 0.03% expense ratio.
Risk-Adjusted Performance
EBND vs. BND - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR Bloomberg Barclays Emerging Markets Local Bond ETF (EBND) and Vanguard Total Bond Market ETF (BND). 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.
Dividends
EBND vs. BND - Dividend Comparison
EBND's dividend yield for the trailing twelve months is around 5.86%, more than BND's 3.58% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EBND SPDR Bloomberg Barclays Emerging Markets Local Bond ETF | 5.86% | 5.27% | 4.74% | 3.83% | 3.67% | 4.68% | 4.70% | 2.00% | 0.00% | 0.00% | 0.24% | 2.31% |
BND Vanguard Total Bond Market ETF | 3.58% | 3.09% | 2.60% | 1.97% | 2.22% | 2.72% | 2.81% | 2.54% | 2.51% | 2.57% | 2.79% | 2.78% |
Drawdowns
EBND vs. BND - Drawdown Comparison
The maximum EBND drawdown since its inception was -29.50%, which is greater than BND's maximum drawdown of -18.84%. Use the drawdown chart below to compare losses from any high point for EBND and BND. For additional features, visit the drawdowns tool.
Volatility
EBND vs. BND - Volatility Comparison
SPDR Bloomberg Barclays Emerging Markets Local Bond ETF (EBND) has a higher volatility of 3.02% compared to Vanguard Total Bond Market ETF (BND) at 1.70%. This indicates that EBND's price experiences larger fluctuations and is considered to be riskier than BND based on this measure. The chart below showcases a comparison of their rolling one-month volatility.