XHYD vs. XEMD

Last updated Apr 2, 2026

Compare and contrast key facts about BondBloxx US High Yield Consumer Non-Cyclicals Sector ETF (XHYD) and BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF (XEMD).

XHYD and XEMD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XHYD is a passively managed fund by BondBloxx that tracks the performance of the ICE Diversified US Cash Pay High Yield Consumer Non-Cyclical. It was launched on Feb 15, 2022. 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. Both XHYD and XEMD 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

XHYD vs. XEMD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BondBloxx US High Yield Consumer Non-Cyclicals Sector ETF (XHYD) and BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF (XEMD). The values are adjusted to include any dividend payments, if applicable.

XHYD vs. XEMD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
XHYD BondBloxx US High Yield Consumer Non-Cyclicals Sector ETF	0.14%	8.33%	6.29%	11.75%	3.83%
XEMD BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF	-0.24%	13.98%	8.77%	10.26%	1.82%

Returns By Period

In the year-to-date period, XHYD achieves a 0.14% return, which is significantly higher than XEMD's -0.24% return.

XHYD

• 1D: 0.59%
• 1M: -0.93%
• YTD: 0.14%
• 6M: 1.63%
• 1Y: 6.71%
• 3Y*: 7.08%
• 5Y*: —
• 10Y*: —

XEMD

• 1D: 0.27%
• 1M: -2.11%
• YTD: -0.24%
• 6M: 3.46%
• 1Y: 10.90%
• 3Y*: 10.20%
• 5Y*: —
• 10Y*: —

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

XHYD vs. XEMD - Expense Ratio Comparison

XHYD has a 0.35% expense ratio, which is higher than XEMD's 0.29% expense ratio.

XHYD

BondBloxx US High Yield Consumer Non-Cyclicals Sector ETF

XEMD

BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF

Return for Risk

XHYD vs. XEMD — Risk / Return Rank

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

XHYD

XHYD Risk / Return Rank: 79
XHYD Sharpe Ratio Rank: 78
XHYD Sortino Ratio Rank: 80
XHYD Omega Ratio Rank: 82
XHYD Calmar Ratio Rank: 72
XHYD Martin Ratio Rank: 85

XEMD

XEMD Risk / Return Rank: 90
XEMD Sharpe Ratio Rank: 87
XEMD Sortino Ratio Rank: 90
XEMD Omega Ratio Rank: 91
XEMD Calmar Ratio Rank: 90
XEMD Martin Ratio Rank: 91

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.

XHYD vs. XEMD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BondBloxx US High Yield Consumer Non-Cyclicals Sector ETF (XHYD) and BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF (XEMD). 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.

	XHYD	XEMD	Difference
Sharpe ratio Return per unit of total volatility	1.52	1.88	-0.36
Sortino ratio Return per unit of downside risk	2.17	2.65	-0.48
Omega ratio Gain probability vs. loss probability	1.34	1.40	-0.07
Calmar ratio Return relative to maximum drawdown	2.09	3.17	-1.08
Martin ratio Return relative to average drawdown	10.79	13.31	-2.52
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

XHYD vs. XEMD - Sharpe Ratio Comparison

The current XHYD Sharpe Ratio is 1.52, which is comparable to the XEMD Sharpe Ratio of 1.88. The chart below compares the historical Sharpe Ratios of XHYD and XEMD, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	XHYD	XEMD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.52	1.88	-0.36
Sharpe Ratio (All Time) Calculated using the full available price history	0.67	1.32	-0.65

Correlation

The correlation between XHYD and XEMD is 0.66, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

XHYD vs. XEMD - Dividend Comparison

XHYD's dividend yield for the trailing twelve months is around 5.85%, less than XEMD's 6.06% yield.

	TTM	2025	2024	2023	2022
XHYD BondBloxx US High Yield Consumer Non-Cyclicals Sector ETF	5.85%	5.83%	6.32%	5.80%	5.01%
XEMD BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF	6.06%	6.15%	6.30%	6.19%	3.08%

Drawdowns

XHYD vs. XEMD - Drawdown Comparison

The maximum XHYD drawdown since its inception was -11.02%, which is greater than XEMD's maximum drawdown of -10.01%. Use the drawdown chart below to compare losses from any high point for XHYD and XEMD.

Drawdown Indicators

	XHYD	XEMD	Difference
Max Drawdown Largest peak-to-trough decline	-11.02%	-10.01%	-1.01%
Max Drawdown (1Y) Largest decline over 1 year	-3.38%	-3.52%	+0.14%
Current Drawdown Current decline from peak	-1.31%	-2.46%	+1.15%
Average Drawdown Average peak-to-trough decline	-2.08%	-1.29%	-0.79%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.65%	0.84%	-0.19%

Volatility

XHYD vs. XEMD - Volatility Comparison

The current volatility for BondBloxx US High Yield Consumer Non-Cyclicals Sector ETF (XHYD) is 2.05%, while BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF (XEMD) has a volatility of 2.45%. This indicates that XHYD experiences smaller price fluctuations and is considered to be less risky than XEMD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XHYD	XEMD	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.05%	2.45%	-0.40%
Volatility (6M) Calculated over the trailing 6-month period	2.80%	3.39%	-0.59%
Volatility (1Y) Calculated over the trailing 1-year period	4.43%	5.81%	-1.38%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	7.19%	6.94%	+0.25%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	7.19%	6.94%	+0.25%