SPDR® Bloomberg Emerging Markets Local Bond ETF

10-Year Study

EBND.US · · US · ETF

Executive Summary: SPDR® Bloomberg Emerging Markets Local Bond ETF has compounded at 2.0% annually over the last 10 years, with a maximum drawdown of 28.0% and an annualized volatility of 10.7%.

1Y CAGR
+7.0%
3Y CAGR
+6.0%
5Y CAGR
+0.2%
10Y CAGR
+2.0%

History & Riski10-year historical performance analysis including CAGR, Max Drawdown, Sharpe & Sortino ratios, annual returns, and rolling volatility — all computed from daily market data.

10-Year Growth of $10,000

Max DrawdownMax DrawdownThe largest peak-to-trough decline in the asset's value over the measurement period.Click for full definition →
28.0%
Sharpe RatioSharpe RatioRisk-adjusted return: how much excess return you earn per unit of total risk (volatility).Click for full definition →
-0.23
Sortino RatioSortino RatioLike Sharpe, but only penalizes downside volatility — a more accurate risk measure for asymmetric return distributions.Click for full definition →
-0.33
Ann. VolatilityAnnualized VolatilityThe annualized standard deviation of an asset's returns — a measure of how much prices fluctuate.Click for full definition →
9.9%
Best YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2025 · +15.8%
Worst YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2022 · -11.8%
% Positive Years% Positive YearsThe percentage of calendar years in the measurement period where the asset delivered a positive return.Click for full definition →
60%

Annual Returns

Rolling 12-Month Returns

Rolling 12-Month Annualised Volatility

Historical Drawdowns

Monthly Returns

Monthly Returns Heatmap

YearJanFebMarAprMayJunJulAugSepOctNovDecAnn.
20261.41.1-5.73.7————————0.1%
20252.01.10.53.31.72.9-1.72.40.60.00.91.115.8%
2024-1.7-0.3-0.6-2.52.1-1.02.42.83.0-4.2-0.1-2.3-2.7%
20234.7-4.13.60.2-0.51.51.8-2.8-4.1-0.85.93.89.0%
2022-0.5-4.0-2.0-5.50.9-4.91.2-1.1-6.1-0.29.11.4-11.8%
2021-1.3-2.8-2.72.11.7-1.3-0.40.5-3.5-1.3-1.70.8-9.7%
2020-1.1-1.7-9.13.44.20.42.70.0-1.50.44.52.94.5%
20194.7-1.1-1.20.1-0.05.10.5-2.10.72.4-1.83.410.9%
20183.0-1.41.4-3.1-4.9-2.62.1-5.01.9-0.82.50.8-6.5%
20172.61.61.70.71.70.52.11.7-0.5-2.31.61.613.9%
2016———2.3-4.15.20.9-0.31.1-1.3-6.71.9-1.4%

Risk X-RayiA 19-factor macroeconomic risk decomposition showing exactly which market forces (equity beta, rates, inflation, credit, commodity, crypto) drive this asset's volatility. Powered by multivariate regression against daily factor returns.

Risk Profile Insight: This asset has an estimated annualized volatility of 10.7%. The dominant macroeconomic risk driver is UUP.US, accounting for 30.4% of variance. Idiosyncratic stock-specific factors contribute 6.9%.

10-Year Historical Price Series (Growth of $10,000)
DateSimulated Value
2016-03-0110000
2016-04-0110229.881198202584
2016-05-019814.55056211213
2016-06-0110327.026709419644
2016-07-0110415.274676694591
2016-08-0110385.616196887539
2016-09-0110504.250116115745
2016-10-0110363.34435733432
2016-11-019673.700762726565
2016-12-019855.400921091656
2017-01-0110111.247278974375
2017-02-0110274.368917913162
2017-03-0110452.375756151336
2017-04-0110526.521955668966
2017-05-0110710.292611680963
2017-06-0110767.539073648162
2017-07-0110989.97767220105
2017-08-0111179.064470819972
2017-09-0111128.421217564535
2017-10-0110875.876464037694
2017-11-0111054.051180463453
2017-12-0111228.308739178852
2018-01-0111568.821663001325
2018-02-0111405.196389499779
2018-03-0111568.597825417877
2018-04-0111209.898097940135
2018-05-0110657.970576549656
2018-06-0110375.935221403348
2018-07-0110591.826570640344
2018-08-0110057.694137134094
2018-09-0110246.445179377843
2018-10-0110163.233557730511
2018-11-0110412.532666297333
2018-12-0110497.367110424675
2019-01-0110992.160088639683
2019-02-0110868.881539554897
2019-03-0110736.705446527998
2019-04-0110750.079742139102
2019-05-0110747.225812950122
2019-06-0111293.501435358505
2019-07-0111348.509521491205
2019-08-0111112.4168303479
2019-09-0111189.976553013135
2019-10-0111453.0416729621
2019-11-0111251.028253898969
2019-12-0111637.931516891344
2020-01-0111504.524317155474
2020-02-0111312.583589347569
2020-03-0110278.453953811113
2020-04-0110624.338979636377
2020-05-0111072.685659285622
2020-06-0111117.061460204473
2020-07-0111420.697142153653
2020-08-0111425.509650197815
2020-09-0111258.63873173625
2020-10-0111303.238370238556
2020-11-0111813.755938690887
2020-12-0112160.760152433395
2021-01-0112000.324564496
2021-02-0111660.37123463215
2021-03-0111342.46590673807
2021-04-0111580.796973715873
2021-05-0111772.345985752736
2021-06-0111622.990358196092
2021-07-0111576.935775401367
2021-08-0111630.712754825097
2021-09-0111228.19682038713
2021-10-0111080.296137122903
2021-11-0110893.559633130199
2021-12-0110985.72475811551
2022-01-0110931.779900504192
2022-02-0110494.457221839832
2022-03-0110282.762827292516
2022-04-019718.58019820818
2022-05-019808.61886615072
2022-06-019330.55774729856
2022-07-019444.938752441227
2022-08-019343.092651971729
2022-09-018774.489230614265
2022-10-018755.295157833476
2022-11-019549.135147536947
2022-12-019685.508195253524
2023-01-0110142.472621865574
2023-02-019728.037336108919
2023-03-0110080.357692458352
2023-04-0110098.096820946721
2023-05-0110045.159232460928
2023-06-0110195.41021035137
2023-07-0110379.684500926127
2023-08-0110090.934018276339
2023-09-019677.506001645206
2023-10-019601.34526387653
2023-11-0110171.459588922278
2023-12-0110559.034364664998
2024-01-0110380.076216697164
2024-02-0110345.549269450088
2024-03-0110285.840594064946
2024-04-0110023.726783845641
2024-05-0110229.433523035685
2024-06-0110128.314894712395
2024-07-0110371.626347921947
2024-08-0110664.293988282103
2024-09-0110988.914443679665
2024-10-0110531.446382504855
2024-11-0110516.617142601328
2024-12-0110275.096390059372
2025-01-0110485.559677897718
2025-02-0110599.3251296859
2025-03-0110655.340484944125
2025-04-0111007.381044314247
2025-05-0111197.754909038002
2025-06-0111525.676968791442
2025-07-0111334.967347692515
2025-08-0111601.557909580806
2025-09-0111669.996250720476
2025-10-0111673.353814472219
2025-11-0111772.681742127912
2025-12-0111901.78006838238
2026-01-0112063.27888484116
2026-02-0112192.992764450115
2026-03-0111492.381128253337
2026-04-0111916.553348890047
Annual Return Matrix
YearAnnual Return
20170.13930512102749892
2018-0.065098105666057
20190.10865242631497574
20200.044924532747354196
2021-0.09662515990686293
2022-0.11835510095967727
20230.09018898665942543
2024-0.02689052472030995
20250.15831322807801018
20260.001241266467938873
Total Factor Risk
0.1068360324478042
VTI.US Exposure
0.04108471093413598
VEA.US Exposure
-0.000030322418779862532
VWO.US Exposure
0.19062940992665672
QQQ.US Exposure
-0.011459502428988551
VTV.US Exposure
-0.014501143110567638
IJR.US Exposure
0.010750877412392262
QUAL.US Exposure
-0.03013286193043225
SHV.US Exposure
0.267303585790508
TLT.US Exposure
0.07354938938785954
LQD.US Exposure
-0.009116365163205832
HYG.US Exposure
0.09980890308198234
GLD.US Exposure
0.024575244183723043
USO.US Exposure
0.007775840148426668
VNQ.US Exposure
-0.0008945085139096238
BTC-USD.CC Exposure
0.0026117440852189574
CPER.US Exposure
-0.007435839326792887
VIX.INDX Exposure
-0.002701921035850297
UUP.US Exposure
0.3043382340159131
TIP.US Exposure
-0.015330107348122369
Idiosyncratic Exposure
0.06917463230983255
Value Score
50
Growth Score
50
Profit Score
37.5
Health Score
23.6
Yield Score
65.5
Moat Score
40

Factor Risk Decomposition

Share of annualised volatility attributable to each macro factor.

Total Est. Vol
10.7%

FundamentalsiCompany financial health metrics: P/E valuation, dividend yield, Piotroski F-Score (9-point profitability signal), Altman Z-Score (bankruptcy risk proxy), and a radar chart across 6 fundamental dimensions. Note: ETFs may show N/A for some metrics.

Fundamental Dimensions

Core Valuation

P/E Ratio (TTM)P/E RatioPrice-to-Earnings ratio — the market price of a stock divided by its earnings per share, a key valuation measure.Click for full definition →N/A
Dividend YieldDividend YieldAnnual dividend paid per share divided by the current share price — expressed as a percentage income return.Click for full definition →5.46%
Market Cap$0
Piotroski F-ScorePiotroski F-ScoreA 9-point scoring system evaluating a company's financial strength across profitability, leverage, and operating efficiency.Click for full definition →
9-point profitability signal
0.0/ 9
Weak
Altman Z-ScoreAltman Z-ScoreA bankruptcy prediction model that combines 5 financial ratios into a single score indicating financial distress risk.Click for full definition →
Bankruptcy risk proxy
1.18
Distress Zone
Income Simulation

Based on $10,000 initial investment.

Total Income Generated
$109
Avg Yield on Cost
1.09%
Annual Income Simulation Table
Historical Realised Yields
YearAnnual PayoutYield on CostQuality
2026$108.551.09%Solid

Momentum & MacroiPrice momentum indicators relative to key technical levels: distance from 50-Day SMA (intermediate trend), 200-Day SMA (long-term trend), 52-Week High (bullish proximity), and Beta (market sensitivity coefficient).

vs 50-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
+0.4%
Above/below 50-day moving average
vs 200-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
+1.5%
Above/below 200-day moving average
vs 52-Week High52-Week HighThe highest price an asset reached in the past 52 weeks — a key reference for momentum and valuation context.Click for full definition →
2.5% from high
Distance from 52-week high
BetaBetaA measure of an asset's sensitivity to broad market movements relative to a benchmark (e.g. S&P 500).Click for full definition →
1.14
Market sensitivity coefficient

Frequently Asked Questions & Methodology

Is SPDR® Bloomberg Emerging Markets Local Bond ETF a high-risk investment?

SPDR® Bloomberg Emerging Markets Local Bond ETF (EBND.US) has an annualized volatility of 10.7% and experienced a maximum drawdown of 28.0% over the last 10 years. Its primary macro risk driver is UUP.US.

What is the 10-year return of EBND.US?

Over the past 10 years, EBND.US has generated a Compound Annual Growth Rate (CAGR) of 2.0%. It has had a positive return in 60% of the years measured.

Data Methodology & Trust

The risk and return information on this page is pre-calculated mathematically using daily market data spanning a 10-year period. Fundamentals (such as P/E Ratio, Market Cap, and Dividend Yield) represent trailing averages and may not immediately reflect real-time live market fluctuations. Advanced scoring models like the Piotroski F-Score and Altman Z-Score are proxies applied to publicly available trailing-twelve-month financial statements and may not account for recent off-balance-sheet events, qualitative company shifts, or sector-specific capital structures. Macroeconomic factor exposures are estimated via multivariate regression against standard market indices. This data is provided for quantitative insight and backtesting research, and should not be misconstrued as tailored financial advice.

Run a Full Backtest on SPDR® Bloomberg Emerging Markets Local Bond ETF

stresstest.pro lets you simulate DCA vs Lump Sum, Monte Carlo projections, portfolio optimisation, and more — all in seconds.

Start a Free Backtest