TEMR vs. BDBT

Last updated Jul 10, 2026

TEMR (T. Rowe Price Emerging Markets Equity Research ETF) and BDBT (Bluemonte Core Bond ETF) are both exchange-traded funds - TEMR is a Actively Managed fund actively managed by T. Rowe Price, while BDBT is a Intermediate Core Bond fund managed by Bluemonte. A 0.58 correlation means they provide meaningful diversification when combined. TEMR charges 0.40%/yr vs 0.23%/yr for BDBT.

Performance

TEMR vs. BDBT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in T. Rowe Price Emerging Markets Equity Research ETF (TEMR) and Bluemonte Core Bond ETF (BDBT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

TEMR

• 1D: 0.85%
• 1M: 1.80%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BDBT

• 1D: 0.12%
• 1M: 0.13%
• 6M: 0.06%
• YTD: 0.10%
• 1Y: 3.44%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

TEMR vs. BDBT - Yearly Performance Comparison

	2026 (YTD)
TEMR T. Rowe Price Emerging Markets Equity Research ETF	15.02%
BDBT Bluemonte Core Bond ETF	-0.23%

Correlation

The correlation between TEMR and BDBT is 0.58, 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 Mar 12, 2026	0.58

Return for Risk

TEMR vs. BDBT — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

TEMR

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

BDBT

BDBT Risk / Return Rank: 29
BDBT Sharpe Ratio Rank: 30
BDBT Sortino Ratio Rank: 29
BDBT Omega Ratio Rank: 27
BDBT Calmar Ratio Rank: 29
BDBT Martin Ratio Rank: 29

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

TEMR vs. BDBT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Emerging Markets Equity Research ETF (TEMR) and Bluemonte Core Bond ETF (BDBT). 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.

	TEMR	BDBT	Difference
Sharpe ratio: Return per unit of total volatility	—	0.90	—
Sortino ratio: Return per unit of downside risk	—	1.32	—
Omega ratio: Gain probability vs. loss probability	—	1.16	—
Calmar ratio: Return relative to maximum drawdown	—	1.20	—
Martin ratio: Return relative to average drawdown	—	3.32	—

Drawdowns

TEMR vs. BDBT - Drawdown Comparison

The maximum TEMR drawdown since its inception was -8.74%, which is greater than BDBT's maximum drawdown of -2.88%. Use the drawdown chart below to compare losses from any high point for TEMR and BDBT.

Drawdown Indicators

	TEMR	BDBT	Difference
Max Drawdown Largest peak-to-trough decline	-8.74%	-2.88%	-5.86%
Max Drawdown (1Y) Largest decline over 1 year	—	-2.88%	—
Current Drawdown Current decline from peak	-6.13%	-1.70%	-4.43%
Average Drawdown Average peak-to-trough decline	-2.61%	-0.77%	-1.84%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.04%	—

Volatility

Volatility by Period

	TEMR	BDBT	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	1.27%	—
Volatility (6M) Calculated over the trailing 6-month period	—	2.96%	—
Volatility (1Y) Calculated over the trailing 1-year period	33.63%	3.87%	+29.76%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	33.63%	3.87%	+29.76%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	33.63%	3.87%	+29.76%

TEMR vs. BDBT - Expense Ratio Comparison

TEMR has a 0.40% expense ratio, which is higher than BDBT's 0.23% expense ratio.

Dividends

TEMR vs. BDBT - Dividend Comparison

TEMR has not paid dividends to shareholders, while BDBT's dividend yield for the trailing twelve months is around 3.87%.

Position	TTM	2025
BDBT Bluemonte Core Bond ETF	3.87%	2.21%
TEMR T. Rowe Price Emerging Markets Equity Research ETF	0.00%	0.00%

Frequently Asked Questions

Can I hold both TEMR and BDBT in my portfolio?

TEMR and BDBT have a correlation of 0.58, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, TEMR or BDBT?

On fees, BDBT is cheaper at 0.23% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, TEMR or BDBT?

BDBT is cheaper with a 0.23% expense ratio, compared with 0.40% for TEMR.

Which ETF pays a higher dividend yield, TEMR or BDBT?

BDBT has the higher dividend yield at 3.87%, compared with 0.00% for TEMR.

What is the main difference between TEMR and BDBT?

TEMR is categorized as Actively Managed, while BDBT is Intermediate Core Bond. They also come from different issuers: T. Rowe Price and Bluemonte. Their fees differ too: 0.40% for TEMR and 0.23% for BDBT.