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Global X Emerging Markets Bond ETF

EMBD
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Jun 01 2020
Expense Ratio
0.39%
Type
Global Ex. US Bonds
Fund Owner
Global X
Volume (1m avg. daily)
$548,492
AUM
$122,731,127
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No
Prospectus

Top 10 Holdings

n/a
CASH
3.47%
n/a
T 0 1/4 11/15/23
2.43%
71915
Peru 8.75 % Bonds 2003-21.11.33
1.71%
n/a
BRAZIL 6 10/20/33
1.43%
n/a
Eskom Holdings SOC Ltd - 6.35% NT REDEEM 10/08/2028 USD 200000 - Reg S
1.37%
BNDC5231858
BNCE 2.72 08/11/31
1.36%
n/a
T 3 07/31/24
1.28%
ZV92
Saudi Arabian Oil Company - 1.25% NT REDEEM 24/11/2023 USD 200000 - Reg S
1.22%
n/a
Hungary - 6.25% NT REDEEM 22/09/2032 USD 200000 - Reg S
1.21%
n/a
SOAF 4.85 09/30/29
1.16%
Invest with EMBD

What is EMBD?

The Global X Emerging Markets Bond ETF (EMBD) is an actively managed fund sub-advised by Mirae Asset Global Investments that seeks a high level of total return, consisting of both income and capital appreciation, by investing in emerging market debt. EMBD primarily invests in emerging market debt securities denominated in U.S. dollars, however, the Fund may also invest in those denominated in applicable local foreign currencies. Securities may include fixed-rate and floating-rate debt instruments issued by sovereign, quasi-sovereign, and corporate entities from emerging market countries.

ETFs related toEMBD

ETFs correlated to EMBD include EMB, VWOB, PCY

EMBD
Global X Funds - Global X Emerging Markets Bond ETF
EMB
BlackRock Institutional Trust Company N.A. - iShares J.P. Morgan USD Emerging Markets Bond ETF
VWOB
Vanguard Group, Inc. - Vanguard Emerging Markets Government Bond ETF
PCY
Invesco Capital Management LLC - Invesco Emerging Markets Sovereign Debt ETF
JPMB
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan USD Emerging Markets Sovereign Bond ETF
EMHY
BlackRock Institutional Trust Company N.A. - iShares J.P. Morgan EM High Yield Bond ETF
DIAL
Columbia ETF Trust I - Columbia Diversified Fixed Income Allocation ETF
PYLD
Pimco Exchange Traded Fund - PIMCO Multisector Bond Active Exchange-Traded Fund
VCEB
Vanguard Group, Inc. - Vanguard ESG U.S. Corporate Bond ETF
IGIB
BlackRock Institutional Trust Company N.A. - iShares Trust iShares 5-10 Year Investment Grade Corporate Bond ETF
FBND
Fidelity Covington Trust - Fidelity Total Bond ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toEMBD

#RB

Rotating Bonds

Category

Getting Defensive, Diversification

Risk Rating

Moderate

#BTD

Buy the Dips: Nasdaq 100

Category

Featured, Technology Focus

Risk Rating

Aggressive

Create your own algorithmic trading strategy with EMBD using Composer

FAQ

EMBD is a Global Ex. US Bonds ETF. The Global X Emerging Markets Bond ETF (EMBD) is an actively managed fund sub-advised by Mirae Asset Global Investments that seeks a high level of total return, consisting of both income and capital appreciation, by investing in emerging market debt. EMBD primarily invests in emerging market debt securities denominated in U.S. dollars, however, the Fund may also invest in those denominated in applicable local foreign currencies. Securities may include fixed-rate and floating-rate debt instruments issued by sovereign, quasi-sovereign, and corporate entities from emerging market countries.

Yes, EMBD is actively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

No, EMBD is not passively managed. It is actively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on EMBD is -0.0116%. This is the percent change in the value of EMBD over the most recent 1-month period. The 3-month return on EMBD is -0.0208%. This is the percent change in the value of EMBD over the most recent 3-month period.

The standard deviation of EMBD for the past year is 0.1286%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to EMBD include GVI, BLV, and BSV.

ETFs correlated to EMBD include EMB, VWOB, and PCY.

ETFs that are inversely correlated to EMBD include TBX, SJB, and PST.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.