NEMD vs. EMBD
NEMD (Neuberger Berman Emerging Markets Debt Hard Currency ETF) and EMBD (Global X Emerging Markets Bond ETF) are both Emerging Markets Bonds funds. Both are actively managed. Their 0.70 correlation means they have sometimes moved together and sometimes differently. NEMD charges 0.60%/yr vs 0.39%/yr for EMBD.
Performance
NEMD vs. EMBD - Performance Comparison
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Returns By Period
In the year-to-date period, NEMD achieves a 3.47% return, which is significantly higher than EMBD's 1.04% return.
NEMD
- 1D
- 0.08%
- 1M
- -1.04%
- 6M
- 1.88%
- YTD
- 3.47%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
EMBD
- 1D
- -0.08%
- 1M
- -1.19%
- 6M
- 0.46%
- YTD
- 1.04%
- 1Y
- 6.44%
- 3Y*
- 8.44%
- 5Y*
- 2.72%
- 10Y*
- —
- ALL TIME*
- 3.90%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $320.84K | $346.54K | $393.80K | |
| $328.32K | $489.11K | $564.01K |
NEMD vs. EMBD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
NEMD Neuberger Berman Emerging Markets Debt Hard Currency ETF | 3.47% | 7.10% |
EMBD Global X Emerging Markets Bond ETF | 1.04% | 5.07% |
Correlation
The correlation between NEMD and EMBD is 0.70, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Aug 11, 2025 | 0.70 |
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Return for Risk
NEMD vs. EMBD — Risk / Return Rank
NEMD
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
EMBD
NEMD vs. EMBD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Neuberger Berman Emerging Markets Debt Hard Currency ETF (NEMD) and Global X Emerging Markets Bond ETF (EMBD). 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.
| NEMD | EMBD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.22 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 1.69 | — |
| Martin ratioReturn relative to average drawdown | — | 6.50 | — |
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Drawdowns
NEMD vs. EMBD - Drawdown Comparison
The maximum NEMD drawdown since its inception was -4.43%, smaller than the maximum EMBD drawdown of -24.27%. Use the drawdown chart below to compare losses from any high point for NEMD and EMBD.
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Drawdown Indicators
| NEMD | EMBD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -4.43% | -24.27% | +19.84% |
Max Drawdown (1Y)Largest decline over 1 year | — | -4.23% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -6.15% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -24.27% | — |
Current DrawdownCurrent decline from peak | -1.35% | -1.33% | -0.02% |
Average DrawdownAverage peak-to-trough decline | -0.59% | -5.74% | +5.15% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 1.10% | — |
Volatility
NEMD vs. EMBD - Volatility Comparison
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Volatility by Period
| NEMD | EMBD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 1.11% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 4.20% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 6.44% | 5.88% | +0.56% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.44% | 9.18% | -2.74% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.44% | 8.80% | -2.36% |
NEMD vs. EMBD - Expense Ratio Comparison
NEMD has a 0.60% expense ratio, which is higher than EMBD's 0.39% expense ratio.
Dividends
NEMD vs. EMBD - Dividend Comparison
NEMD's dividend yield for the trailing twelve months is around 5.81%, more than EMBD's 5.74% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
EMBD Global X Emerging Markets Bond ETF | 5.26% | 5.48% | 5.83% | 5.29% | 4.53% | 4.99% | 3.34% |
NEMD Neuberger Berman Emerging Markets Debt Hard Currency ETF | 5.81% | 2.39% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
NEMD and EMBD have a correlation of 0.70, 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 0.60% for NEMD.
NEMD has the higher dividend yield at 5.81%, compared with 5.26% for EMBD.
They also come from different issuers: Neuberger Berman and Global X. Their fees differ too: 0.60% for NEMD and 0.39% for EMBD.
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