XEMD vs. XEM-USD
XEMD (BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF) is Emerging Markets Bonds fund tracking the JP Morgan EMBI Global Diversified Liquid 1-10 Y Maturity Index - Benchmark TR Gross, while XEM-USD (NEM) is a cryptocurrency. Over the past 3 years, XEMD returned 10.23%/yr vs -74.11%/yr for XEM-USD. At a 0.11 correlation, their price movements are largely independent.
Performance
XEMD vs. XEM-USD - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, XEMD achieves a 2.75% return, which is significantly higher than XEM-USD's -56.97% return.
XEMD
- 1D
- -0.32%
- 1M
- -0.43%
- 6M
- 2.13%
- YTD
- 2.75%
- 1Y
- 10.22%
- 3Y*
- 10.23%
- 5Y*
- —
- 10Y*
- —
XEM-USD
- 1D
- 0.80%
- 1M
- -7.06%
- 6M
- -51.96%
- YTD
- -56.97%
- 1Y
- -75.18%
- 3Y*
- -74.11%
- 5Y*
- -66.14%
- 10Y*
- —
XEMD vs. XEM-USD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
XEMD BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF | 2.75% | 13.98% | 8.77% | 10.26% | 2.40% |
XEM-USD NEM | -56.97% | -95.00% | -39.05% | 36.89% | -27.38% |
Correlation
The correlation between XEMD and XEM-USD is 0.07, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.07 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.07 |
Correlation (All Time) Calculated using the full available price history since Jun 30, 2022 | 0.11 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
XEMD vs. XEM-USD — Risk / Return Rank
XEMD
XEM-USD
XEMD vs. XEM-USD - 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 NEM (XEM-USD). 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.
| XEMD | XEM-USD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.71 | ||
| Sortino ratioReturn per unit of downside risk | +4.09 | ||
| Omega ratioGain probability vs. loss probability | 1.42 | 0.91 | +0.51 |
| Calmar ratioReturn relative to maximum drawdown | 2.91 | -0.85 | +3.77 |
| Martin ratioReturn relative to average drawdown | 13.03 | -1.13 | +14.16 |
Loading charts...
Drawdowns
XEMD vs. XEM-USD - Drawdown Comparison
The maximum XEMD drawdown since its inception was -10.01%, smaller than the maximum XEM-USD drawdown of -99.98%. Use the drawdown chart below to compare losses from any high point for XEMD and XEM-USD.
Loading charts...
Drawdown Indicators
| XEMD | XEM-USD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -10.01% | -99.98% | +89.97% |
Max Drawdown (1Y)Largest decline over 1 year | -3.52% | -88.28% | +84.76% |
Max Drawdown (3Y)Largest decline over 3 years | -4.31% | -99.34% | +95.03% |
Max Drawdown (5Y)Largest decline over 5 years | — | -99.83% | — |
Current DrawdownCurrent decline from peak | -0.70% | -99.97% | +99.27% |
Average DrawdownAverage peak-to-trough decline | -1.24% | -90.17% | +88.93% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.79% | 48.16% | -47.37% |
Volatility
XEMD vs. XEM-USD - Volatility Comparison
The current volatility for BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF (XEMD) is 1.27%, while NEM (XEM-USD) has a volatility of 83.74%. This indicates that XEMD experiences smaller price fluctuations and is considered to be less risky than XEM-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| XEMD | XEM-USD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.27% | 83.74% | -82.47% |
Volatility (6M)Calculated over the trailing 6-month period | 3.79% | 94.96% | -91.17% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.72% | 116.80% | -112.08% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.83% | 96.17% | -89.34% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.83% | 107.27% | -100.44% |
Frequently Asked Questions
XEMD and XEM-USD have a correlation of 0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
XEM-USD has higher volatility (83.74%) compared to XEMD (1.27%). In terms of maximum drawdown, XEMD dropped -10.01% vs XEM-USD's -99.98%.
XEMD currently has the higher Sharpe Ratio (2.18 vs -0.53), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for XEMD and XEM-USD
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer