SPDR Bloomberg Emerging Markets Local Bond ETF
$20.670.00 (−0.02%)
- 0.30%
- $2.2B
- +3.6%
- 6.01%
- 0.3M sh
- $20.60
- low $20.36high $21.94
The ETF.net EBND Grade
B
Score 69 out of 100
- 1 of 6
Score 69 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.A75 out of 100Rank 1 of 6Mission
Whether the fund did what it promised, tested against its stated mandate.A89 out of 100Rank 3 of 6Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.B63 out of 100Rank 2 of 6Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.D36 out of 100Rank 5 of 6Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A71 out of 100Rank 3 of 6Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.B62 out of 100Rank 1 of 6
Our read on EBND
BMost international bond funds pay you in dollars. EBND owns emerging-market government debt in the local currency (rupiah, real, peso), so the exchange rate is part of the trade, not hedged away. And it costs less than its group's median.
The fund seeks to track the Bloomberg EM Local Currency Government Diversified Index and provide exposure to fixed-rate, local-currency sovereign debt issued by emerging-market countries.
Why people hold it
- At 0.30% a year it undercuts the 0.35% median for international government bond funds, where IGOV, BWX and ISHG each charge 0.35% and WIP asks 0.50%.
- Roughly 700 bonds across emerging-market sovereign issuers, so no single government's budget drama sets the tone for the whole portfolio.ssga.com
- Running since 2011 and now a multibillion-dollar fund: a long-tenured version of the local-currency trade, not a launch-and-see experiment.
- Pays monthly, and the holdings match the label: fixed-rate local-currency sovereign debt tracking the Bloomberg EM Local Currency Government Diversified Index.ssga.com
Worth knowing
- Unhedged by design. Moves in emerging-market currencies against the dollar land in your return before a single bond does anything.ssga.com
- Emerging-market sovereign debt carries credit and policy risk, and local interest rates can shift quickly.
- Moderately traded rather than a volume heavyweight, so spreads can run wider than on the busiest bond ETFs.
EBND Holdings
- Bonds
- 647
- 6%
- Nota Do Tesouro Nacional Notes 01/31 10
Geography
- China12.70%
- South Korea10.68%
- India7.55%
- Malaysia5.89%
- Mexico5.68%
- Indonesia5.45%
- Brazil5.03%
- Thailand4.66%
- 42.36%
Developed 1% · Emerging 99%
EBND Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
EBND$10,357
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | EBND |
|---|---|
| Year to date | +1.1% |
| 1 month | −1.0% |
| 3 months | +0.2% |
| 1 year | +3.6% |
| 3 years | +7.9% |
| 5 years | +1.5% |
| 10 years | +1.4% |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | EBND |
|---|---|---|
| 2026 YTD | +1.1% | |
| 2025 | +15.8% | |
| 2024 | −2.7% | |
| 2023 | +9.0% | |
| 2022 | −11.8% | |
| 2021 | −9.7% | |
| 2020 | +4.5% |
EBND in the news
EBND Dividends
- 6.01%
- $1.24
- $0.10 per share
- Monthly
Distribution history
EBND Risk
- 7.9%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.36
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −23.3%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 1.23
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
EBND Cost
0.30%
EBND0.30%
- The middle half of International Sovereign funds
- Median 0.35%
No International Sovereign fund charges less.
Other funds in International Sovereign
- BIGOViShares International Treasury Bond ETFExpense ratio 0.35%1 year return −5.0%
- BBWXSPDR Bloomberg International Treasury Bond ETFExpense ratio 0.35%1 year return −4.8%
- BISHGiShares 1-3 Year International Treasury Bond ETFExpense ratio 0.35%1 year return −1.1%
- CWIPSPDR FTSE International Government Inflation-Protected Bond ETFExpense ratio 0.50%1 year return +4.8%
- DGGOViShares Global Government Bond USD Hedged Active ETFExpense ratio 0.39%1 year return +2.7%