XEMD vs. EMHY
Compare and contrast key facts about BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF (XEMD) and iShares J.P. Morgan EM High Yield Bond ETF (EMHY).
XEMD and EMHY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XEMD is a passively managed fund by BondBloxx that tracks the performance of the JP Morgan EMBI Global Diversified Liquid 1-10 Y Maturity Index - Benchmark TR Gross. It was launched on Jun 28, 2022. EMHY is a passively managed fund by iShares that tracks the performance of the J.P. Morgan USD Emerging Markets High Yield Bond Index. It was launched on Apr 3, 2012. Both XEMD and EMHY are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
XEMD vs. EMHY - Performance Comparison
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XEMD vs. EMHY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
XEMD BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF | -0.24% | 13.98% | 8.77% | 10.26% | 1.82% |
EMHY iShares J.P. Morgan EM High Yield Bond ETF | -1.07% | 13.70% | 11.97% | 11.47% | 6.06% |
Returns By Period
In the year-to-date period, XEMD achieves a -0.24% return, which is significantly higher than EMHY's -1.07% return.
XEMD
- 1D
- 0.27%
- 1M
- -2.11%
- YTD
- -0.24%
- 6M
- 3.46%
- 1Y
- 10.90%
- 3Y*
- 10.20%
- 5Y*
- —
- 10Y*
- —
EMHY
- 1D
- 0.35%
- 1M
- -2.59%
- YTD
- -1.07%
- 6M
- 2.66%
- 1Y
- 10.13%
- 3Y*
- 11.28%
- 5Y*
- 4.20%
- 10Y*
- 4.63%
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XEMD vs. EMHY - Expense Ratio Comparison
XEMD has a 0.29% expense ratio, which is lower than EMHY's 0.50% expense ratio.
Return for Risk
XEMD vs. EMHY — Risk / Return Rank
XEMD
EMHY
XEMD vs. EMHY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF (XEMD) and iShares J.P. Morgan EM High Yield Bond ETF (EMHY). 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.
| XEMD | EMHY | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.88 | 1.36 | +0.53 |
Sortino ratioReturn per unit of downside risk | 2.65 | 1.94 | +0.71 |
Omega ratioGain probability vs. loss probability | 1.40 | 1.30 | +0.11 |
Calmar ratioReturn relative to maximum drawdown | 3.17 | 2.09 | +1.08 |
Martin ratioReturn relative to average drawdown | 13.31 | 9.21 | +4.10 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| XEMD | EMHY | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.88 | 1.36 | +0.53 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.47 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.44 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.32 | 0.48 | +0.85 |
Correlation
The correlation between XEMD and EMHY is 0.90, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
XEMD vs. EMHY - Dividend Comparison
XEMD's dividend yield for the trailing twelve months is around 6.06%, less than EMHY's 6.56% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
XEMD BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF | 6.06% | 6.15% | 6.30% | 6.19% | 3.08% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
EMHY iShares J.P. Morgan EM High Yield Bond ETF | 6.56% | 6.52% | 6.86% | 6.73% | 7.08% | 5.58% | 5.44% | 5.72% | 6.79% | 5.59% | 6.43% | 6.99% |
Drawdowns
XEMD vs. EMHY - Drawdown Comparison
The maximum XEMD drawdown since its inception was -10.01%, smaller than the maximum EMHY drawdown of -30.11%. Use the drawdown chart below to compare losses from any high point for XEMD and EMHY.
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Drawdown Indicators
| XEMD | EMHY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -10.01% | -30.11% | +20.10% |
Max Drawdown (1Y)Largest decline over 1 year | -3.52% | -4.92% | +1.40% |
Max Drawdown (5Y)Largest decline over 5 years | — | -25.83% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -30.11% | — |
Current DrawdownCurrent decline from peak | -2.46% | -3.00% | +0.54% |
Average DrawdownAverage peak-to-trough decline | -1.29% | -4.95% | +3.66% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.84% | 1.13% | -0.29% |
Volatility
XEMD vs. EMHY - Volatility Comparison
The current volatility for BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF (XEMD) is 2.45%, while iShares J.P. Morgan EM High Yield Bond ETF (EMHY) has a volatility of 3.10%. This indicates that XEMD experiences smaller price fluctuations and is considered to be less risky than EMHY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XEMD | EMHY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.45% | 3.10% | -0.65% |
Volatility (6M)Calculated over the trailing 6-month period | 3.39% | 4.20% | -0.81% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.81% | 7.51% | -1.70% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.94% | 9.07% | -2.13% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.94% | 10.65% | -3.71% |