EBND vs. PHIYX
Compare and contrast key facts about SPDR Bloomberg Barclays Emerging Markets Local Bond ETF (EBND) and PIMCO High Yield Fund (PHIYX).
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. PHIYX is managed by PIMCO. It was launched on Dec 15, 1992.
Performance
EBND vs. PHIYX - Performance Comparison
Loading graphics...
EBND vs. PHIYX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EBND SPDR Bloomberg Barclays Emerging Markets Local Bond ETF | -2.06% | 15.83% | -2.70% | 9.02% | -11.84% | -9.66% | 4.49% | 10.40% | -6.52% | 13.93% |
PHIYX PIMCO High Yield Fund | -1.31% | 8.60% | 6.81% | 12.83% | -11.96% | 4.07% | 5.37% | 14.96% | -2.47% | 7.03% |
Returns By Period
In the year-to-date period, EBND achieves a -2.06% return, which is significantly lower than PHIYX's -1.31% return. Over the past 10 years, EBND has underperformed PHIYX with an annualized return of 1.47%, while PHIYX has yielded a comparatively higher 5.08% annualized return.
EBND
- 1D
- 0.50%
- 1M
- -3.83%
- YTD
- -2.06%
- 6M
- -0.33%
- 1Y
- 9.34%
- 3Y*
- 4.96%
- 5Y*
- 0.45%
- 10Y*
- 1.47%
PHIYX
- 1D
- 0.63%
- 1M
- -1.60%
- YTD
- -1.31%
- 6M
- 0.52%
- 1Y
- 5.80%
- 3Y*
- 7.49%
- 5Y*
- 3.36%
- 10Y*
- 5.08%
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. PHIYX - Expense Ratio Comparison
EBND has a 0.30% expense ratio, which is lower than PHIYX's 0.56% expense ratio.
Return for Risk
EBND vs. PHIYX — Risk / Return Rank
EBND
PHIYX
EBND vs. PHIYX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR Bloomberg Barclays Emerging Markets Local Bond ETF (EBND) and PIMCO High Yield Fund (PHIYX). 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.
| EBND | PHIYX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.31 | 1.63 | -0.32 |
Sortino ratioReturn per unit of downside risk | 1.87 | 2.35 | -0.48 |
Omega ratioGain probability vs. loss probability | 1.26 | 1.36 | -0.10 |
Calmar ratioReturn relative to maximum drawdown | 1.42 | 2.07 | -0.65 |
Martin ratioReturn relative to average drawdown | 6.17 | 8.46 | -2.29 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| EBND | PHIYX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.31 | 1.63 | -0.32 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.05 | 0.64 | -0.59 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.16 | 0.91 | -0.75 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.09 | 1.30 | -1.21 |
Correlation
The correlation between EBND and PHIYX is 0.40, 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.
Dividends
EBND vs. PHIYX - Dividend Comparison
EBND's dividend yield for the trailing twelve months is around 5.82%, which matches PHIYX's 5.84% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% | 0.00% | 0.00% |
PHIYX PIMCO High Yield Fund | 5.84% | 6.19% | 6.18% | 5.62% | 6.01% | 4.53% | 4.55% | 5.04% | 5.63% | 5.11% | 5.37% | 8.79% |
Drawdowns
EBND vs. PHIYX - Drawdown Comparison
The maximum EBND drawdown since its inception was -29.51%, smaller than the maximum PHIYX drawdown of -32.73%. Use the drawdown chart below to compare losses from any high point for EBND and PHIYX.
Loading graphics...
Drawdown Indicators
| EBND | PHIYX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -29.51% | -32.73% | +3.22% |
Max Drawdown (1Y)Largest decline over 1 year | -6.63% | -3.00% | -3.63% |
Max Drawdown (5Y)Largest decline over 5 years | -27.57% | -15.74% | -11.83% |
Max Drawdown (10Y)Largest decline over 10 years | -29.50% | -20.30% | -9.20% |
Current DrawdownCurrent decline from peak | -5.02% | -1.84% | -3.18% |
Average DrawdownAverage peak-to-trough decline | -10.95% | -2.18% | -8.77% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.52% | 0.73% | +0.79% |
Volatility
EBND vs. PHIYX - Volatility Comparison
SPDR Bloomberg Barclays Emerging Markets Local Bond ETF (EBND) has a higher volatility of 3.65% compared to PIMCO High Yield Fund (PHIYX) at 1.46%. This indicates that EBND's price experiences larger fluctuations and is considered to be riskier than PHIYX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| EBND | PHIYX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.65% | 1.46% | +2.19% |
Volatility (6M)Calculated over the trailing 6-month period | 4.84% | 2.40% | +2.44% |
Volatility (1Y)Calculated over the trailing 1-year period | 7.17% | 3.77% | +3.40% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 8.90% | 5.25% | +3.65% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 9.18% | 5.62% | +3.56% |