GXIG vs. CEMB
GXIG (Global X Investment Grade Corporate Bond ETF) and CEMB (iShares J.P. Morgan EM Corporate Bond ETF) are both Corporate Bonds funds. GXIG is actively managed, while CEMB is passively managed. A 0.74 correlation means they provide meaningful diversification when combined. GXIG charges 0.14%/yr vs 0.50%/yr for CEMB.
Performance
GXIG vs. CEMB - Performance Comparison
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Returns By Period
In the year-to-date period, GXIG achieves a 0.33% return, which is significantly lower than CEMB's 1.49% return.
GXIG
- 1D
- -0.19%
- 1M
- 0.60%
- YTD
- 0.33%
- 6M
- 0.02%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
CEMB
- 1D
- -0.20%
- 1M
- 0.46%
- YTD
- 1.49%
- 6M
- 1.83%
- 1Y
- 7.31%
- 3Y*
- 7.31%
- 5Y*
- 1.97%
- 10Y*
- 3.49%
GXIG vs. CEMB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
GXIG Global X Investment Grade Corporate Bond ETF | 0.33% | 4.43% |
CEMB iShares J.P. Morgan EM Corporate Bond ETF | 1.49% | 5.25% |
Correlation
The correlation between GXIG and CEMB is 0.74, 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 Jun 18, 2025 | 0.74 |
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Return for Risk
GXIG vs. CEMB — Risk / Return Rank
GXIG
CEMB
GXIG vs. CEMB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Investment Grade Corporate Bond ETF (GXIG) and iShares J.P. Morgan EM Corporate Bond ETF (CEMB). 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.
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
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Sharpe Ratios by Period
| GXIG | CEMB | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | — | 2.40 | — |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.35 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.56 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.87 | 0.49 | +0.37 |
Drawdowns
GXIG vs. CEMB - Drawdown Comparison
The maximum GXIG drawdown since its inception was -3.18%, smaller than the maximum CEMB drawdown of -20.84%. Use the drawdown chart below to compare losses from any high point for GXIG and CEMB.
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Drawdown Indicators
| GXIG | CEMB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -3.18% | -20.84% | +17.66% |
Max Drawdown (1Y)Largest decline over 1 year | — | -2.88% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -3.85% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -20.48% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -20.84% | — |
Current DrawdownCurrent decline from peak | -1.46% | -0.24% | -1.22% |
Average DrawdownAverage peak-to-trough decline | -1.05% | -3.66% | +2.61% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 0.66% | — |
Volatility
GXIG vs. CEMB - Volatility Comparison
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Volatility by Period
| GXIG | CEMB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 1.08% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 2.43% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 5.78% | 3.06% | +2.72% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.78% | 5.63% | +0.15% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.78% | 6.30% | -0.52% |
GXIG vs. CEMB - Expense Ratio Comparison
GXIG has a 0.14% expense ratio, which is lower than CEMB's 0.50% expense ratio.
Dividends
GXIG vs. CEMB - Dividend Comparison
GXIG's dividend yield for the trailing twelve months is around 5.91%, more than CEMB's 5.13% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CEMB iShares J.P. Morgan EM Corporate Bond ETF | 5.13% | 5.14% | 5.11% | 4.77% | 4.29% | 3.51% | 3.86% | 4.19% | 4.66% | 4.06% | 4.26% | 4.76% |
GXIG Global X Investment Grade Corporate Bond ETF | 5.91% | 3.83% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
GXIG and CEMB have a correlation of 0.74, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, GXIG is cheaper at 0.14% per year. The better choice depends on whether you care most about return, fees, risk, or income.
GXIG is cheaper with a 0.14% expense ratio, compared with 0.50% for CEMB.
GXIG has the higher dividend yield at 5.91%, compared with 5.13% for CEMB.
They also come from different issuers: Global X and iShares. Their fees differ too: 0.14% for GXIG and 0.50% for CEMB.
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