EMBD vs. EBND
Compare and contrast key facts about Global X Emerging Markets Bond ETF (EMBD) and SPDR Bloomberg Barclays Emerging Markets Local Bond ETF (EBND).
EMBD and EBND are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EMBD is an actively managed fund by Global X. It was launched on Jun 1, 2020. 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.
Performance
EMBD vs. EBND - Performance Comparison
Loading graphics...
EMBD vs. EBND - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
EMBD Global X Emerging Markets Bond ETF | -1.48% | 12.55% | 6.76% | 10.60% | -13.84% | -1.84% | 11.53% |
EBND SPDR Bloomberg Barclays Emerging Markets Local Bond ETF | -2.55% | 15.83% | -2.70% | 9.02% | -11.84% | -9.66% | 7.38% |
Returns By Period
In the year-to-date period, EMBD achieves a -1.48% return, which is significantly higher than EBND's -2.55% return.
EMBD
- 1D
- 1.08%
- 1M
- -3.00%
- YTD
- -1.48%
- 6M
- 1.30%
- 1Y
- 8.59%
- 3Y*
- 8.39%
- 5Y*
- 2.83%
- 10Y*
- —
EBND
- 1D
- 1.23%
- 1M
- -5.27%
- YTD
- -2.55%
- 6M
- -0.61%
- 1Y
- 8.84%
- 3Y*
- 4.78%
- 5Y*
- 0.35%
- 10Y*
- 1.42%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
EMBD vs. EBND - Expense Ratio Comparison
EMBD has a 0.39% expense ratio, which is higher than EBND's 0.30% expense ratio.
Return for Risk
EMBD vs. EBND — Risk / Return Rank
EMBD
EBND
EMBD vs. EBND - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Emerging Markets Bond ETF (EMBD) 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.
| EMBD | EBND | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.33 | 1.24 | +0.08 |
Sortino ratioReturn per unit of downside risk | 1.85 | 1.78 | +0.07 |
Omega ratioGain probability vs. loss probability | 1.24 | 1.25 | -0.01 |
Calmar ratioReturn relative to maximum drawdown | 2.03 | 1.38 | +0.65 |
Martin ratioReturn relative to average drawdown | 8.31 | 6.16 | +2.15 |
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
| EMBD | EBND | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.33 | 1.24 | +0.08 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.31 | 0.04 | +0.27 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.16 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.41 | 0.09 | +0.33 |
Correlation
The correlation between EMBD and EBND is 0.55, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
EMBD vs. EBND - Dividend Comparison
EMBD's dividend yield for the trailing twelve months is around 5.74%, less than EBND's 5.80% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EMBD Global X Emerging Markets Bond ETF | 5.74% | 5.48% | 5.83% | 5.29% | 4.53% | 4.99% | 3.34% | 0.00% | 0.00% | 0.00% |
EBND SPDR Bloomberg Barclays Emerging Markets Local Bond ETF | 5.80% | 5.54% | 5.89% | 5.26% | 4.75% | 3.83% | 3.67% | 4.68% | 4.70% | 2.00% |
Drawdowns
EMBD vs. EBND - Drawdown Comparison
The maximum EMBD drawdown since its inception was -24.27%, smaller than the maximum EBND drawdown of -29.51%. Use the drawdown chart below to compare losses from any high point for EMBD and EBND.
Loading graphics...
Drawdown Indicators
| EMBD | EBND | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -24.27% | -29.51% | +5.24% |
Max Drawdown (1Y)Largest decline over 1 year | -4.23% | -6.63% | +2.40% |
Max Drawdown (5Y)Largest decline over 5 years | -24.27% | -27.57% | +3.30% |
Max Drawdown (10Y)Largest decline over 10 years | — | -29.50% | — |
Current DrawdownCurrent decline from peak | -3.20% | -5.49% | +2.29% |
Average DrawdownAverage peak-to-trough decline | -6.02% | -10.96% | +4.94% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.03% | 1.49% | -0.46% |
Volatility
EMBD vs. EBND - Volatility Comparison
The current volatility for Global X Emerging Markets Bond ETF (EMBD) is 2.56%, while SPDR Bloomberg Barclays Emerging Markets Local Bond ETF (EBND) has a volatility of 3.89%. This indicates that EMBD experiences smaller price fluctuations and is considered to be less risky than EBND based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| EMBD | EBND | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.56% | 3.89% | -1.33% |
Volatility (6M)Calculated over the trailing 6-month period | 4.28% | 4.82% | -0.54% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.51% | 7.16% | -0.65% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 9.14% | 8.90% | +0.24% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8.96% | 9.18% | -0.22% |