EMTL vs. EMB
Compare and contrast key facts about SPDR DoubleLine Emerging Markets Fixed Income ETF (EMTL) and iShares J.P. Morgan USD Emerging Markets Bond ETF (EMB).
EMTL and EMB are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EMTL is an actively managed fund by State Street. It was launched on Apr 13, 2016. EMB is a passively managed fund by iShares that tracks the performance of the JPMorgan EMBI Global Core Index. It was launched on Dec 17, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: EMTL or EMB.
Key characteristics
| EMTL | EMB | |
|---|---|---|
| YTD Return | 0.74% | -0.80% |
| 1Y Return | 6.94% | 7.44% |
| 3Y Return (Ann) | -1.38% | -3.33% |
| 5Y Return (Ann) | 0.88% | -0.08% |
| Sharpe Ratio | 1.76 | 0.79 |
| Daily Std Dev | 3.89% | 9.00% |
| Max Drawdown | -22.91% | -34.70% |
| Current Drawdown | -6.82% | -13.11% |
Correlation
The correlation between EMTL and EMB is 0.56, 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.
Performance
EMTL vs. EMB - Performance Comparison
In the year-to-date period, EMTL achieves a 0.74% return, which is significantly higher than EMB's -0.80% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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EMTL vs. EMB - Expense Ratio Comparison
EMTL has a 0.65% expense ratio, which is higher than EMB's 0.39% expense ratio.
Risk-Adjusted Performance
EMTL vs. EMB - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR DoubleLine Emerging Markets Fixed Income ETF (EMTL) and iShares J.P. Morgan USD Emerging Markets Bond ETF (EMB). 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
EMTL vs. EMB - Dividend Comparison
EMTL's dividend yield for the trailing twelve months is around 5.01%, more than EMB's 4.91% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EMTL SPDR DoubleLine Emerging Markets Fixed Income ETF | 5.01% | 4.78% | 4.19% | 5.43% | 3.28% | 3.96% | 3.35% | 4.16% | 8.87% | 0.00% | 0.00% | 0.00% |
EMB iShares J.P. Morgan USD Emerging Markets Bond ETF | 4.91% | 4.74% | 5.04% | 3.89% | 3.88% | 4.51% | 5.64% | 4.54% | 4.83% | 4.84% | 4.56% | 4.75% |
Drawdowns
EMTL vs. EMB - Drawdown Comparison
The maximum EMTL drawdown since its inception was -22.91%, smaller than the maximum EMB drawdown of -34.70%. Use the drawdown chart below to compare losses from any high point for EMTL and EMB. For additional features, visit the drawdowns tool.
Volatility
EMTL vs. EMB - Volatility Comparison
The current volatility for SPDR DoubleLine Emerging Markets Fixed Income ETF (EMTL) is 1.20%, while iShares J.P. Morgan USD Emerging Markets Bond ETF (EMB) has a volatility of 2.63%. This indicates that EMTL experiences smaller price fluctuations and is considered to be less risky than EMB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.