EMBD vs. STIP
EMBD (Global X Emerging Markets Bond ETF) and STIP (iShares 0-5 Year TIPS Bond ETF) are both exchange-traded funds - EMBD is a Emerging Markets Bonds fund actively managed by Global X, while STIP is a Inflation-Protected Bonds fund tracking the Barclays Capital U.S. Treasury Inflation-Protected Securities (TIPS) 0-5 Years Index (Series-L). EMBD is actively managed, while STIP is passively managed. Over the past 5 years, EMBD returned 2.87%/yr vs 3.36%/yr for STIP. At a 0.37 correlation, their price movements are largely independent. EMBD charges 0.39%/yr vs 0.06%/yr for STIP.
Performance
EMBD vs. STIP - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, EMBD achieves a 1.27% return, which is significantly lower than STIP's 2.01% return.
EMBD
- 1D
- -0.38%
- 1M
- 0.94%
- YTD
- 1.27%
- 6M
- 2.05%
- 1Y
- 10.34%
- 3Y*
- 9.44%
- 5Y*
- 2.87%
- 10Y*
- —
STIP
- 1D
- -0.03%
- 1M
- 0.12%
- YTD
- 2.01%
- 6M
- 2.01%
- 1Y
- 4.53%
- 3Y*
- 5.18%
- 5Y*
- 3.36%
- 10Y*
- 3.17%
EMBD vs. STIP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
EMBD Global X Emerging Markets Bond ETF | 1.27% | 12.55% | 6.76% | 10.60% | -13.84% | -1.84% | 11.53% |
STIP iShares 0-5 Year TIPS Bond ETF | 2.01% | 6.03% | 4.77% | 4.63% | -3.02% | 5.68% | 3.62% |
Correlation
The correlation between EMBD and STIP is 0.11, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.11 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.36 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.38 |
Correlation (All Time) Calculated using the full available price history since Jun 4, 2020 | 0.37 |
Over the past year, the correlation between EMBD and STIP has dropped to 0.11 - well below their long-term average of 0.37, suggesting their price drivers have been diverging.
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
EMBD vs. STIP — Risk / Return Rank
EMBD
STIP
EMBD vs. STIP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Emerging Markets Bond ETF (EMBD) and iShares 0-5 Year TIPS Bond ETF (STIP). 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 | STIP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.40 | ||
| Sortino ratioReturn per unit of downside risk | -2.83 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 1.67 | -0.35 |
| Calmar ratioReturn relative to maximum drawdown | 2.45 | 6.56 | -4.11 |
| Martin ratioReturn relative to average drawdown | 9.52 | 26.11 | -16.59 |
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 charts...
Sharpe Ratios by Period
| EMBD | STIP | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.73 | 3.13 | -1.40 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.31 | 1.23 | -0.91 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 1.30 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.46 | 1.07 | -0.61 |
Drawdowns
EMBD vs. STIP - Drawdown Comparison
The maximum EMBD drawdown since its inception was -24.27%, which is greater than STIP's maximum drawdown of -5.50%. Use the drawdown chart below to compare losses from any high point for EMBD and STIP.
Loading charts...
Drawdown Indicators
| EMBD | STIP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -24.27% | -5.50% | -18.77% |
Max Drawdown (1Y)Largest decline over 1 year | -4.23% | -0.69% | -3.54% |
Max Drawdown (3Y)Largest decline over 3 years | -7.03% | -0.95% | -6.08% |
Max Drawdown (5Y)Largest decline over 5 years | -24.27% | -5.50% | -18.77% |
Max Drawdown (10Y)Largest decline over 10 years | — | -5.50% | — |
Current DrawdownCurrent decline from peak | -0.50% | -0.06% | -0.44% |
Average DrawdownAverage peak-to-trough decline | -5.88% | -0.99% | -4.89% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.09% | 0.18% | +0.91% |
Volatility
EMBD vs. STIP - Volatility Comparison
Global X Emerging Markets Bond ETF (EMBD) has a higher volatility of 1.62% compared to iShares 0-5 Year TIPS Bond ETF (STIP) at 0.38%. This indicates that EMBD's price experiences larger fluctuations and is considered to be riskier than STIP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| EMBD | STIP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.62% | 0.38% | +1.24% |
Volatility (6M)Calculated over the trailing 6-month period | 4.16% | 0.99% | +3.17% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.00% | 1.46% | +4.54% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 9.17% | 2.75% | +6.42% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8.89% | 2.45% | +6.44% |
EMBD vs. STIP - Expense Ratio Comparison
EMBD has a 0.39% expense ratio, which is higher than STIP's 0.06% expense ratio.
Dividends
EMBD vs. STIP - Dividend Comparison
EMBD's dividend yield for the trailing twelve months is around 5.69%, more than STIP's 4.30% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
EMBD Global X Emerging Markets Bond ETF | 5.69% | 5.48% | 5.83% | 5.29% | 4.53% | 4.99% | 3.34% | 0.00% | 0.00% | 0.00% | 0.00% |
STIP iShares 0-5 Year TIPS Bond ETF | 4.30% | 4.11% | 2.62% | 2.84% | 6.04% | 4.15% | 1.40% | 2.06% | 2.44% | 1.59% | 0.89% |
Frequently Asked Questions
EMBD and STIP have a correlation of 0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
EMBD has higher volatility (1.62%) compared to STIP (0.38%). In terms of maximum drawdown, EMBD dropped -24.27% vs STIP's -5.50%.
On 5-year performance, STIP leads with 3.36% vs 2.87% for EMBD. On fees, STIP is cheaper at 0.06% per year. On volatility, STIP has been the lower-risk option at 0.38%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, STIP has performed better with a 3.36% return vs 2.87%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
STIP is cheaper with a 0.06% expense ratio, compared with 0.39% for EMBD.
EMBD has the higher dividend yield at 5.69%, compared with 4.30% for STIP.
EMBD is categorized as Emerging Markets Bonds, while STIP is Inflation-Protected Bonds. They also come from different issuers: Global X and iShares. Their fees differ too: 0.39% for EMBD and 0.06% for STIP.
STIP currently has the higher Sharpe Ratio (3.13 vs 1.73), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for EMBD and STIP
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