Global X Emerging Markets Bond ETF

10-Year Study

EMBD.US · · US · ETF

Executive Summary: Global X Emerging Markets Bond ETF has compounded at 3.6% annually over the last 10 years, with a maximum drawdown of 22.7% and an annualized volatility of 12.3%.

1Y CAGR
+8.7%
3Y CAGR
+9.1%
5Y CAGR
+2.6%
10Y CAGR
+3.6%

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 →
22.7%
Sharpe RatioSharpe RatioRisk-adjusted return: how much excess return you earn per unit of total risk (volatility).Click for full definition →
-0.05
Sortino RatioSortino RatioLike Sharpe, but only penalizes downside volatility — a more accurate risk measure for asymmetric return distributions.Click for full definition →
-0.08
Ann. VolatilityAnnualized VolatilityThe annualized standard deviation of an asset's returns — a measure of how much prices fluctuate.Click for full definition →
9.1%
Best YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2025 · +12.5%
Worst YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2022 · -13.8%
% Positive Years% Positive YearsThe percentage of calendar years in the measurement period where the asset delivered a positive return.Click for full definition →
50%

Annual Returns

Rolling 12-Month Returns

Rolling 12-Month Annualised Volatility

Historical Drawdowns

Monthly Returns

Monthly Returns Heatmap

YearJanFebMarAprMayJunJulAugSepOctNovDecAnn.
20260.60.5-3.51.7————————-0.8%
20251.41.6-0.90.50.72.30.42.01.11.80.50.512.5%
2024-1.41.02.2-1.82.30.02.22.31.6-1.61.2-1.26.8%
20234.3-3.31.90.5-1.01.91.5-1.9-3.4-0.15.54.610.6%
2022-3.1-3.6-0.3-4.4-0.8-5.84.7-3.0-6.80.89.7-1.1-13.8%
2021-1.3-2.3-0.51.51.10.40.50.7-1.90.1-2.12.1-1.8%
2020——————3.00.5-0.80.74.42.210.3%

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 12.3%. The dominant macroeconomic risk driver is SHV.US, accounting for 60.3% of variance. Idiosyncratic stock-specific factors contribute 2.4%.

10-Year Historical Price Series (Growth of $10,000)
DateSimulated Value
2020-06-0110000
2020-07-0110301.046762769412
2020-08-0110353.930399562178
2020-09-0110267.03875394323
2020-10-0110339.840504606738
2020-11-0110792.181375519065
2020-12-0111033.641109228762
2021-01-0110886.47140400774
2021-02-0110635.639197311595
2021-03-0110582.16452150194
2021-04-0110745.16060817024
2021-05-0110860.902283925245
2021-06-0110906.94689638185
2021-07-0110958.040585867177
2021-08-0111039.429727539922
2021-09-0110826.050782230734
2021-10-0110833.608557532152
2021-11-0110610.792788254777
2021-12-0110831.487945180092
2022-01-0110499.464599831936
2022-02-0110121.248139761621
2022-03-0110087.935121538214
2022-04-019643.728214717645
2022-05-019570.122571789956
2022-06-019019.589032850285
2022-07-019447.320108315573
2022-08-019163.443177489116
2022-09-018538.295170231117
2022-10-018603.876740743557
2022-11-019436.445782416857
2022-12-019332.445685791383
2023-01-019729.481342967369
2023-02-019411.36473978047
2023-03-019594.09974758575
2023-04-019645.08651543988
2023-05-019547.799711232394
2023-06-019732.790963458938
2023-07-019880.388355204746
2023-08-019693.372522091197
2023-09-019365.681482836702
2023-10-019355.814002298419
2023-11-019868.441842948756
2023-12-0110321.781639100687
2024-01-0110178.937309867599
2024-02-0110277.868529162282
2024-03-0110503.362289295086
2024-04-0110318.206694561331
2024-05-0110550.731541960404
2024-06-0110550.984985826943
2024-07-0110781.299129499519
2024-08-0111027.880211340504
2024-09-0111199.561700513303
2024-10-0111022.156934026187
2024-11-0111155.553549124947
2024-12-0111020.097702610552
2025-01-0111176.34287628692
2025-02-0111357.790864457429
2025-03-0111252.385936399845
2025-04-0111310.7968275164
2025-05-0111394.85207986333
2025-06-0111656.267548017713
2025-07-0111697.454156360609
2025-08-0111925.567496457725
2025-09-0112062.46876502348
2025-10-0112277.451534800613
2025-11-0112339.893767419317
2025-12-0112403.118111969916
2026-01-0112475.439705308145
2026-02-0112537.726149150132
2026-03-0112101.202543626006
2026-04-0112301.557016553843
Annual Return Matrix
YearAnnual Return
2021-0.01832152795685782
2022-0.13839670661829695
20230.10601036283721044
20240.06765460537011592
20250.12549983191453395
2026-0.00818835187242617
Total Factor Risk
0.12289856217075809
VTI.US Exposure
0.2697889110802462
VEA.US Exposure
0.059939391396370584
VWO.US Exposure
0.014756453093888445
QQQ.US Exposure
-0.08613831101345372
VTV.US Exposure
-0.024079602258137697
IJR.US Exposure
-0.017727310268779627
QUAL.US Exposure
-0.005173095461560121
SHV.US Exposure
0.6034900073527906
TLT.US Exposure
0.018944044491492344
LQD.US Exposure
0.1442765230547388
HYG.US Exposure
0.012477179687709913
GLD.US Exposure
-0.00360251651182237
USO.US Exposure
0.0023992447717689686
VNQ.US Exposure
-0.010260232572090446
BTC-USD.CC Exposure
-0.004781042224386701
CPER.US Exposure
0.005056649245662902
VIX.INDX Exposure
-0.013521974605893211
UUP.US Exposure
0.014332631676603553
TIP.US Exposure
-0.0041051020564555375
Idiosyncratic Exposure
0.02392815112130717
Value Score
50
Growth Score
50
Profit Score
37.5
Health Score
23.6
Yield Score
0
Moat Score
40

Factor Risk Decomposition

Share of annualised volatility attributable to each macro factor.

Total Est. Vol
12.3%

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 →0.00%
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
$120
Avg Yield on Cost
1.20%
Annual Income Simulation Table
Historical Realised Yields
YearAnnual PayoutYield on CostQuality
2026$119.91.20%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 →
+1.2%
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 →
0.85
Market sensitivity coefficient

Frequently Asked Questions & Methodology

Is Global X Emerging Markets Bond ETF a high-risk investment?

Global X Emerging Markets Bond ETF (EMBD.US) has an annualized volatility of 12.3% and experienced a maximum drawdown of 22.7% over the last 10 years. Its primary macro risk driver is SHV.US.

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

Over the past 10 years, EMBD.US has generated a Compound Annual Growth Rate (CAGR) of 3.6%. It has had a positive return in 50% 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.

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