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EMBD vs VWOB

Global X Emerging Markets Bond ETF

EMBDBNYSE Arca

Vanguard Emerging Markets Government Bond ETF

VWOBANasdaq

Overlap

No data

Expense ratio

VWOB −0.24pt a year

EMBD0.39%VWOB0.15%

Avg volume · 30D

VWOB 19.6×the volume

EMBD29.3KVWOB573K

5Y return · a year

EMBD +1.1pt

EMBD+2.7%VWOB+1.6%

EMBD vs VWOB Performance

Oct 29, 2021 – Oct 30, 2026

+14.0%EMBD+8.4%VWOB

Oct 29, 2021 to Oct 30, 2026. EMBD +14.0%. VWOB +8.4%. Use the arrow keys to read each point.−20%−10%0%Oct 2021Apr 2024Oct 2026
Expense ratio
EMBD 0.39%
VWOB 0.15%, better
Fund size
EMBD $250M
VWOB $6.6B
1Y total return
EMBD +0.6%, better
VWOB −0.3%
Yield (12M)
EMBD 5.92%
VWOB 6.07%, better
Holdings
EMBD 223
VWOB 941
Avg volume (30D)
EMBD 29.3K sh
VWOB 573K sh, better
NAV per share
EMBD $22.86
VWOB $63.97
52W range

ETF.net Grade

EMBD: Cost 59, Risk 64, Mission 82, Tradability 54, Holdings 65, Durability 56. VWOB: Cost 97, Risk 46, Mission 100, Tradability 81, Holdings 82, Durability 95.
Pillar letters and Scores for EMBD, VWOB, with each pillar’s weight
PillarEMBDVWOB
Cost30% weightB59A97Higher
Mission25% weightA82A100Higher
Risk15% weightB64HigherC46
Tradability15% weightC54A81Higher
Holdings10% weightB65A82Higher
Durability5% weightB56A95Higher

Rank among Emerging Markets Bonds (US Dollar) funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. EMBD and VWOB are both graded against the same 17 Emerging Markets Bonds (US Dollar) funds, so their Grades compare head to head.

Emerging Markets Bonds (US Dollar)⁠

Category · 17 funds
See all 17 ›

VWOB ranks 1st and EMBD 6th of 17 funds in the Emerging Markets Bonds (US Dollar) Category.

  1. Rank 1AVWOBVanguard Emerging Markets Government Bond ETFScore 85
  2. Rank 2AXEMDBondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETFScore 83
  3. Rank 5ABEMBiShares J.P. Morgan Broad USD Emerging Markets Bond ETFScore 75
  4. Rank 6BEMBDGlobal X Emerging Markets Bond ETFScore 65
  5. Rank 7BGEMDGoldman Sachs Access Emerging Markets USD Bond ETFScore 64

Our read on each fund

ETF.net Research

EMBDBGlobal X Emerging Markets Bond ETF

VWOBAVanguard Emerging Markets Government Bond ETF

In short

EMBD Most 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.

VWOB Emerging-market government debt, Vanguard-style: about 200 dollar bonds from sovereigns and state-backed borrowers, indexed and capped so no one issuer dominates, for 0.15% a year. Income lands monthly.

Stated mandate

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

VWOB The Fund seeks to track an index of U.S. dollar-denominated bonds issued by governments and government-related issuers in emerging-market countries.

Why people hold it

  • EMBD Active management at index-fund pricing: 0.39% a year, below the 0.50% typical for the group and level with its cheapest rival, JPMB.
  • Roams wider than the sovereign-only crowd (PCY, JPMB): both government and corporate EM debt, mostly in US dollars, with local currency allowed.globalxetfs.com
  • A couple hundred bonds, sub-advised by Mirae Asset Global Investments (USA), with income paid out monthly.globalxetfs.com
  • VWOB 0.15% a year, versus 0.39% on the category's flagship, EMB. In emerging-market debt, where fees run rich, that gap is the whole pitch.ishares.com
  • Dollar-denominated only. Local-law bonds are excluded, so a slide in the peso or the lira doesn't hit these prices directly. Credit risk, not currency risk.bbhub.io
  • About 200 bonds spread across sovereign and government-related issuers, with index caps that keep any one borrower from swallowing the fund.bbhub.io
  • A multi-billion-dollar fund that trades actively, with monthly distributions.

Worth knowing

  • EMBD Thinly traded next to the category's giants, so spreads can be wider and big orders can move the price.
  • No index to check the managers against. Results ride on their country and credit calls.globalxetfs.com
  • EM debt carries default risk, and any local-currency bonds add a currency swing on top.globalxetfs.com
  • VWOB Cheap for emerging-market debt, rich next to the plain Treasury funds it sits beside: VGIT and VCSH charge 0.03%.
  • The risk is sovereign credit. Downgrades, defaults and restructurings are live possibilities here in a way they aren't with US Treasuries.vanguard.com
  • Vanguard samples the index rather than buying every bond, so day-to-day results can drift from the benchmark more than in a Treasury fund.vanguard.com

Full EMBD profile⁠

Full VWOB profile⁠

EMBD vs VWOB Holdings

As of
How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

EMBD vs VWOB Cost

Overpaying EMBD vs VWOB

$4,761

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • EMBD 0.39%

    $7,898

  • VWOB 0.15%

    $3,137

$10,000
30 years

Cost over time

  • EMBD 0.39%
  • VWOB 0.15%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K$8K051015202530EMBD $7,898VWOB $3,137

Year by year

YearEMBDVWOBOverpaying
10$705$274$431
20$2,725$1,071$1,654
30$7,898$3,137$4,761

Expense ratio

  • 0.39%EMBD
  • 0.15%VWOB, cheaper
  • Middle half of Emerging Markets Bonds (US Dollar) funds
  • Median 0.40%

VWOB cheapest of 17 funds

EMBD 6th cheapest of 17 funds

EMBD vs VWOB Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
EMBD 5.92%
VWOB 6.07%, better
Payout (12M)
EMBD $1.36
VWOB $3.88
Last payment
EMBD $0.11
VWOB $0.33
Ex-dividend
EMBD Oct 1, 2026
VWOB Oct 1, 2026
Paid on
EMBD Oct 6, 2026
VWOB Oct 5, 2026
Frequency
EMBD Monthly
VWOB Monthly

Distribution history

Per share, 2023 to 2026, same scale for both

EMBDMonthly · 45 paymentsAll EMBD payments⁠
One bar per payment. 45 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; Oct 1, 2026 $0.11. Use the arrow keys to read each point.$0$0.2520232026YTD
VWOBMonthly · 45 paymentsAll VWOB payments⁠
One bar per payment. 45 payments from 2023 to 2026 YTD. Feb 1, 2023 $0.28; Mar 1, 2023 $0.28; Apr 3, 2023 $0.29; May 1, 2023 $0.29; Jun 1, 2023 $0.29; Jul 3, 2023 $0.29; Aug 1, 2023 $0.30; Sep 1, 2023 $0.30; Oct 2, 2023 $0.30; Nov 1, 2023 $0.30; Dec 1, 2023 $0.28; Dec 22, 2023 $0.30; Feb 1, 2024 $0.28; Mar 1, 2024 $0.32; Apr 1, 2024 $0.32; May 1, 2024 $0.31; Jun 3, 2024 $0.32; Jul 1, 2024 $0.32; Aug 1, 2024 $0.34; Sep 3, 2024 $0.32; Oct 1, 2024 $0.32; Nov 1, 2024 $0.35; Dec 2, 2024 $0.33; Dec 24, 2024 $0.33; Feb 3, 2025 $0.38; Mar 3, 2025 $0.35; Apr 1, 2025 $0.34; May 1, 2025 $0.32; Jun 2, 2025 $0.32; Jul 1, 2025 $0.32; Aug 1, 2025 $0.39; Sep 2, 2025 $0.31; Oct 1, 2025 $0.31; Nov 3, 2025 $0.32; Dec 1, 2025 $0.32; Dec 18, 2025 $0.32; Feb 2, 2026 $0.34; Mar 2, 2026 $0.32; Apr 1, 2026 $0.33; May 1, 2026 $0.32; Jun 1, 2026 $0.32; Jul 1, 2026 $0.31; Aug 3, 2026 $0.35; Sep 1, 2026 $0.32; Oct 1, 2026 $0.33. Use the arrow keys to read each point.$0$0.2520232026YTD

EMBD vs VWOB Risk

Fall from peak · 5 years

  • EMBD
  • VWOB
Oct 29, 2021 to Oct 30, 2026. Worst fall: VWOB −26.2% · Oct 2022. Use the arrow keys to read each point.−25%−20%−15%−10%−5%0%Oct 2021Apr 2024Oct 2026

Risk facts

VolatilityStd dev, 3 years
EMBD 6.4%, betterVWOB 7.3%
Return per unit of riskSharpe ratio, 3 years
EMBD 0.80, betterVWOB 0.70
Worst fallMax drawdown, 5 years
EMBD −23.2%, betterVWOB −26.2%
Market sensitivityBeta, 5 years
EMBD 0.94VWOB 1.11

EMBD and VWOB in the news

All news⁠

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