CEMB vs SDS

Comparison between ISHARES J.P. MORGAN EM CORPORATE BOND ETF (CEMB, ETF) and ProShares UltraShort S&P500 -2x Shares (SDS, ETF).

5-Year PerformanceCEMB has outperformed SDS, delivering a return of +1.9% compared to -20.7%

CEMB vs SDS - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	CEMB(ETF)	SDS(ETF)
Net Assets	$397M	$398M
Expense Ratio	0.50%	N/A
Max Drawdown	25.91%	99.89%
Sharpe Ratio	0.51	-1.27
5Y Beta	0.13	-1.92
5Y Dividends CAGR	4.82%	22.27%

Net Assets

CEMB

$397M

Winner

SDS

$398M

Expense Ratio

CEMB

0.50%

SDS

N/A

Max Drawdown

Winner

CEMB

25.91%

SDS

99.89%

Sharpe Ratio

Winner

CEMB

0.51

SDS

-1.27

5Y Beta

CEMB

0.13

Winner

SDS

-1.92

5Y Dividends CAGR

CEMB

4.82%

Winner

SDS

22.27%

CEMB vs SDS - Historical Returns

Returns include dividend reinvestment.

Period	CEMB	SDS
1 month	-0.17%	-0.50%
3 months	+0.32%	-10.66%
6 months	+1.04%	-15.07%
1 year	+5.26%	-26.57%
5 years(CAGR)	+1.87%	-20.67%
10 years(CAGR)	+3.35%	-27.05%
Max(CAGR)	+3.64%	-25.06%

Winner

CEMB

-0.17%

SDS

-0.50%

Winner

CEMB

+0.32%

SDS

-10.66%

Winner

CEMB

+1.04%

SDS

-15.07%

Winner

CEMB

+5.26%

SDS

-26.57%

5Y(CAGR)

Winner

CEMB

+1.87%

SDS

-20.67%

10Y(CAGR)

Winner

CEMB

+3.35%

SDS

-27.05%

Max(CAGR)

Winner

CEMB

+3.64%

SDS

-25.06%

CEMB vs SDS - Annual Returns (2006 - 2026)

Returns include dividend reinvestment.

Year	CEMB	SDS
2026	+1.55%	-15.42%
2025	+8.77%	-27.18%
2024	+6.15%	-30.24%
2023	+8.26%	-32.17%
2022	-12.21%	+32.17%
2021	-0.61%	-44.54%
2020	+6.46%	-48.99%
2019	+13.74%	-41.12%
2018	-3.04%	+7.54%
2017	+6.77%	-30.97%
2016	+10.83%	-26.29%
2015	-1.70%	-9.61%
2014	+0.11%	-27.06%
2013	-5.29%	-42.30%
2012	+9.22%	-27.66%
2011	N/A	-17.21%
2010	N/A	-29.93%
2009	N/A	-47.35%
2008	N/A	+57.43%
2007	N/A	-4.12%
2006	N/A	-19.87%

CEMB vs SDS Drawdown Comparison

The maximum drawdown for CEMB was -20.84%, occurring on Mar 19, 2020. Recovery took 114 trading sessions.

The maximum drawdown for SDS was -99.85%, occurring on Jun 2, 2026. This drawdown has not yet recovered.

The current CEMB drawdown is -0.39%. The current SDS drawdown is -99.85%.

Rank	CEMB	SDS
#1	-20.84% Feb 21, 2020 - Aug 4, 2020	-99.85% Mar 9, 2009 - Jun 2, 2026
#2	-20.49% Sep 13, 2021 - Sep 27, 2024	-41.04% Nov 20, 2008 - Mar 5, 2009
#3	-11.84% May 2, 2013 - Jun 2, 2014	-33.06% Jul 17, 2006 - Jul 11, 2008
#4	-9.58% May 11, 2015 - Apr 4, 2016	-31.02% Oct 27, 2008 - Nov 20, 2008
#5	-7.73% Jul 10, 2014 - Apr 24, 2015	-22.44% Oct 10, 2008 - Oct 27, 2008
#6	-5.60% Jan 11, 2018 - Feb 4, 2019	-14.92% Jul 15, 2008 - Sep 17, 2008
#7	-4.05% Oct 25, 2016 - Jan 9, 2017	-13.57% Sep 17, 2008 - Sep 29, 2008
#8	-3.10% Feb 28, 2025 - May 29, 2025	-8.50% Sep 29, 2008 - Oct 3, 2008
#9	-2.88% Feb 27, 2026 - Jun 1, 2026	-0.43% Mar 5, 2009 - Mar 9, 2009
#10	-2.75% May 7, 2012 - Jun 21, 2012	N/A
#11	-2.49% Feb 10, 2021 - Jun 15, 2021	N/A
#12	-2.49% May 12, 2016 - Jul 8, 2016	N/A
#13	-2.29% Jan 24, 2013 - Apr 5, 2013	N/A
#14	-2.11% Sep 27, 2024 - Feb 24, 2025	N/A
#15	-2.11% Sep 11, 2012 - Oct 16, 2012	N/A

Correlation

Correlation between CEMB and SDS is -0.80 which considered as a strong negative correlation - the stocks tend to move in opposite directions.

-0.80

-101

Dividend Comparison (2006 - 2026)

CEMB vs SDS dividend yield comparison.

Year	CEMB	SDS
2026	2.61%	1.81%
2025	5.14%	5.88%
2024	5.11%	7.89%
2023	4.77%	5.77%
2022	4.29%	0.35%
2021	3.51%	0.00%
2020	3.86%	0.92%
2019	4.19%	1.84%
2018	4.66%	1.28%
2017	4.06%	0.09%
2016	4.26%	0.00%
2015	4.76%	0.00%
2014	4.23%	0.00%
2013	3.93%	0.00%
2012	2.50%	0.00%
2008	0.00%	22.43%
2007	0.00%	3.30%
2006	0.00%	1.24%