EMBD vs. BREM
EMBD (Global X Emerging Markets Bond ETF) and BREM (iShares Emerging Markets Bond Active ETF) are both Emerging Markets Bonds funds. Both are actively managed. A 0.73 correlation means they provide meaningful diversification when combined. EMBD charges 0.39%/yr vs 0.50%/yr for BREM.
Performance
EMBD vs. BREM - Performance Comparison
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Returns By Period
In the year-to-date period, EMBD achieves a 1.70% return, which is significantly lower than BREM's 3.77% return.
EMBD
- 1D
- -0.13%
- 1M
- 0.90%
- YTD
- 1.70%
- 6M
- 1.88%
- 1Y
- 9.76%
- 3Y*
- 9.16%
- 5Y*
- 2.97%
- 10Y*
- —
BREM
- 1D
- -0.20%
- 1M
- 1.52%
- YTD
- 3.77%
- 6M
- 3.87%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
EMBD vs. BREM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
EMBD Global X Emerging Markets Bond ETF | 1.70% | 2.08% |
BREM iShares Emerging Markets Bond Active ETF | 3.77% | 2.80% |
Correlation
The correlation between EMBD and BREM is 0.73, 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 16, 2025 | 0.73 |
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Return for Risk
EMBD vs. BREM — Risk / Return Rank
EMBD
BREM
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
EMBD vs. BREM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Emerging Markets Bond ETF (EMBD) and iShares Emerging Markets Bond Active ETF (BREM). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| EMBD | BREM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.30 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 2.32 | — | — |
| Martin ratioReturn relative to average drawdown | 8.97 | — | — |
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Drawdowns
EMBD vs. BREM - Drawdown Comparison
The maximum EMBD drawdown since its inception was -24.27%, which is greater than BREM's maximum drawdown of -4.54%. Use the drawdown chart below to compare losses from any high point for EMBD and BREM.
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Drawdown Indicators
| EMBD | BREM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -24.27% | -4.54% | -19.73% |
Max Drawdown (1Y)Largest decline over 1 year | -4.23% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -7.03% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -24.27% | — | — |
Current DrawdownCurrent decline from peak | -0.69% | -0.58% | -0.11% |
Average DrawdownAverage peak-to-trough decline | -5.83% | -0.63% | -5.20% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.09% | — | — |
Volatility
EMBD vs. BREM - Volatility Comparison
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Volatility by Period
| EMBD | BREM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.58% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 4.18% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 6.05% | 5.61% | +0.44% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 9.18% | 5.61% | +3.57% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8.86% | 5.61% | +3.25% |
EMBD vs. BREM - Expense Ratio Comparison
EMBD has a 0.39% expense ratio, which is lower than BREM's 0.50% expense ratio.
Dividends
EMBD vs. BREM - Dividend Comparison
EMBD's dividend yield for the trailing twelve months is around 5.67%, more than BREM's 3.89% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
BREM iShares Emerging Markets Bond Active ETF | 3.89% | 1.19% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
EMBD Global X Emerging Markets Bond ETF | 5.67% | 5.48% | 5.83% | 5.29% | 4.53% | 4.99% | 3.34% |
Frequently Asked Questions
EMBD and BREM have a correlation of 0.73, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, EMBD is cheaper at 0.39% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EMBD is cheaper with a 0.39% expense ratio, compared with 0.50% for BREM.
EMBD has the higher dividend yield at 5.67%, compared with 3.89% for BREM.
They also come from different issuers: Global X and BlackRock. Their fees differ too: 0.39% for EMBD and 0.50% for BREM.
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