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EMBD

GradeBNew York Stock Exchange Arca

Global X - Emerging Markets Bond ETF

Specialty Bonds · Global X · Inception 2020-06-01 · SEC filings

$23.06−0.20 (−0.86%)

As of Sep 23, 2026, 3:08 PM EDT

Intraday session: down, 45 prints from 23.26 to 23.06. Range 23.02 to 23.22. Use the arrow keys to read each point.$23.00$23.10$23.15$23.2010 AM12 PM2 PM4 PM
Expense ratio
0.39%
Fund size
$246M
1Y return
+3.3%
Yield · Last 12 months
5.82%
Holdings
223
Volume · 30D
0M sh
NAV per share
$23.23
52W range
low $23.14high $25.12

The ETF.net EMBD Grade

B

61/ 100

Rank 8 of 17 in Emerging Markets Bonds (US Dollar)⁠

Confidence High

Six-pillar profile for EMBD. Scores out of 100: Cost 59, Risk 55, Mission 72, Tradability 48, Holdings 69, Durability 57. Strongest: Mission (72). Weakest: Tradability (48). Leans toward Mission and Holdings.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 61 of 100 sits in the B band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    BScore 59
    Category rank8/17 · top 47%

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    AScore 72
    Category rank12/14 · bottom quartile

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    BScore 55
    Category rank6/16 · top 38%

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    CScore 48
    Category rank10/17 · mid-pack

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    BScore 69
    Category rank7/17 · top 41%

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    BScore 57
    Category rank8/17 · top 47%

Graded as of Sep 22, 2026

Our read on EMBD

ETF.net Research

BMost emerging-market bond ETFs track an index of government debt. EMBD is run by an active team that can also buy corporate issuers and local-currency paper, and it charges less than the group's typical fund.

Stated mandate

The fund is actively managed and seeks total return from income and capital appreciation by investing in emerging-market debt.

Why people hold it

  1. 01Active management at index-fund pricing: 0.39% a year, below the 0.50% typical for the group and level with its cheapest rival, JPMB.
  2. 02Roams wider than the sovereign-only crowd (PCY, JPMB): both government and corporate EM debt, mostly in US dollars, with local currency allowed.globalxetfs.com
  3. 03A couple hundred bonds, sub-advised by Mirae Asset Global Investments (USA), with income paid out monthly.globalxetfs.com

Worth knowing

  1. 01Thinly traded next to the category's giants, so spreads can be wider and big orders can move the price.
  2. 02No index to check the managers against. Results ride on their country and credit calls.globalxetfs.com
  3. 03EM debt carries default risk, and any local-currency bonds add a currency swing on top.globalxetfs.com

EMBD Holdings

As of Sep 21, 2026, 6:06 PM
Asset class
Bonds
Holdings
223
Top-10 weight
14%
Largest holding
ESKOM 6.35 08/10/28 (BF2F610)1.8%

Sectors

  • Financials100.0%

Geography

  • Mexico12.37%
  • Chile6.91%
  • Brazil6.08%
  • United States5.31%
  • South Africa4.86%
  • Argentina4.48%
  • Dominican Republic4.40%
  • Colombia3.92%
  • Other countries (43)51.67%

Developed 2% · Emerging 98% of the foreign sleeve

The fund’s holdings, weight-ordered — page 1 of 15.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—ESKOM 6.35 08/10/28 (BF2F610)1.78%4,300,000$4M1
002—ARGENT 4 1/8 07/09/35 (BNC1788)1.65%5,400,000$4M1
003—BRAZIL 6 10/20/33 (BN6QD25)1.56%3,800,000$4M1
004—CDEL 5.95 01/08/34 (BNT9DH6)1.52%3,700,000$4M1
005—MEX 5 3/8 03/22/33 (BQT3JK4)1.40%3,500,000$3M1
006—T 3 5/8 08/31/27 (BVDCXT9)1.30%3,200,000$3M2
007—ARGENT 5 01/09/38 (BNC1841)1.28%4,000,000$3M1
008—EGYPT 5.8 09/30/27 (BMGCCJ6)1.21%2,900,000$3M1
009—TURKEY 6 1/8 10/24/28 (BFZYKC3)1.16%2,800,000$3M1
010—BRAZIL 6 5/8 03/15/35 (BQYJVK1)1.14%2,800,000$3M1
011—ARGENT 3 1/2 07/09/41 (BNC1852)1.11%3,900,000$3M1
012—CASH1.10%2,700,597$3M414
013—CDEL 6.78 01/13/55 (BTFKB04)1.09%2,600,000$3M1
014—MEX 5 5/8 09/22/35 (BQT3JL5)1.07%2,700,000$3M1
015—COSTAR 6 1/8 02/19/31 (BJLPZ01)1.03%2,500,000$3M1

Showing 1–15 of 223 holdings

EMBD Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

EMBD$10,329
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,723
Sep 22, 2025 to Sep 22, 2026. EMBD $10,329. SPY $11,723. Use the arrow keys to read each point.$9,353$10,646$11,940Sep 2025Mar 2026Sep 2026

Sep 22, 2025 – Sep 22, 2026

Returns run to the Sep 22, 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.

Trailing total return for EMBD. Periods over one year show the average yearly return.
PeriodEMBD
Year to date+0.8%
1 month−0.7%
3 months−1.0%
1 year+3.3%
3 years+9.3%per year
5 years+2.6%per year
10 yearsFund is under 10 years old—per year

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for EMBD
YearReturn barEMBD
2026 YTD+0.8%
2025+12.6%
2024+6.8%
2023+10.6%
2022−13.8%
2021−1.9%
2020+11.5%

History from Jun 3, 2020

EMBD in the news

EMBD Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 22, 2026.
5.82%Last 12 months
Payout per share
$1.36Last 12 months
Last payment
$0.11 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Monthly

Distribution history

2023–2026

One bar per payment. 44 payments from 2023 to 2026 YTD. Feb 3, 2023 $0.09; Mar 3, 2023 $0.09; Apr 5, 2023 $0.09; May 3, 2023 $0.09; Jun 5, 2023 $0.09; Jul 6, 2023 $0.09; Aug 3, 2023 $0.09; Sep 6, 2023 $0.09; Oct 4, 2023 $0.09; Nov 3, 2023 $0.09; Dec 5, 2023 $0.09; Dec 28, 2023 $0.20; Feb 5, 2024 $0.09; Mar 5, 2024 $0.09; Apr 3, 2024 $0.10; May 3, 2024 $0.10; Jun 5, 2024 $0.10; Jul 3, 2024 $0.10; Aug 5, 2024 $0.10; Sep 5, 2024 $0.10; Oct 3, 2024 $0.10; Nov 5, 2024 $0.10; Dec 4, 2024 $0.10; Dec 30, 2024 $0.25; Feb 3, 2025 $0.10; Mar 3, 2025 $0.10; Apr 1, 2025 $0.11; May 1, 2025 $0.11; Jun 2, 2025 $0.11; Jul 1, 2025 $0.11; Aug 1, 2025 $0.11; Sep 2, 2025 $0.11; Oct 1, 2025 $0.11; Nov 3, 2025 $0.11; Dec 1, 2025 $0.11; Dec 30, 2025 $0.11; Feb 2, 2026 $0.12; Mar 2, 2026 $0.12; Apr 1, 2026 $0.12; May 1, 2026 $0.11; Jun 1, 2026 $0.11; Jul 1, 2026 $0.11; Aug 3, 2026 $0.11; Sep 1, 2026 $0.11. Use the arrow keys to read each point.2023202420252026YTD
Ex-datePay dateAmount per share
Sep 1, 2026Sep 4, 2026$0.11
Aug 3, 2026Aug 6, 2026$0.11
Jul 1, 2026Jul 7, 2026$0.11
Jun 1, 2026Jun 4, 2026$0.11
May 1, 2026May 6, 2026$0.11
Apr 1, 2026Apr 7, 2026$0.12
Mar 2, 2026Mar 5, 2026$0.12
Feb 2, 2026Feb 5, 2026$0.12
Dec 30, 2025Jan 7, 2026$0.11
Dec 1, 2025Dec 8, 2025$0.11
Nov 3, 2025Nov 10, 2025$0.11
Oct 1, 2025Oct 8, 2025$0.11

EMBD Risk

How much the fund’s monthly returns vary, scaled to a year.
6.3%
Annualised · 36 months to Aug 2026
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.

Return above 3-month US Treasury bills per unit of volatility.
0.70
vs 3-month T-bills · to Aug 2026
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.

The largest fall from a peak to the low that followed.
−23.6%
Trough Oct 2022
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.

How strongly the fund’s returns move with its asset-class index.
0.94
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

EMBD Cost

Expense ratio0.39%
  • The middle half of Emerging Markets Bonds (US Dollar) funds
  • Median 0.40%

5 of the 17 Emerging Markets Bonds (US Dollar) funds charge less.

EMBD costs $39.00 a year on $10,000. The median Emerging Markets Bonds (US Dollar) fund costs $40.00.