EBND vs SPY

Comparison between SPDR(R) BLOOMBERG EMERGING MARKETS LOCAL BOND ETF (EBND, ETF) and SPDR S&P 500 ETF Trust (SPY, ETF).

5-Year PerformanceSPY has outperformed EBND, delivering a return of +13.3% compared to +0.5%

EBND vs SPY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	EBND(ETF)	SPY(ETF)
Net Assets	$2.30B	$652B
Expense Ratio	0.30%	0.09%
Max Drawdown	44.78%	56.47%
Sharpe Ratio	0.69	2.07
5Y Beta	0.19	1.00
P/E Ratio	N/A	28.24
Forward P/E	N/A	21.85
5Y Dividends CAGR	5.97%	5.43%
5Y EPS CAGR	N/A	25.79%
Debt to Equity	N/A	22.35%
P/S Ratio	N/A	3.55
P/B Ratio	N/A	5.29

Net Assets

EBND

$2.30B

Winner

SPY

$652B

Expense Ratio

EBND

0.30%

Winner

SPY

0.09%

Max Drawdown

Winner

EBND

44.78%

SPY

56.47%

Sharpe Ratio

EBND

0.69

Winner

SPY

2.07

5Y Beta

Winner

EBND

0.19

SPY

1.00

P/E Ratio

EBND

N/A

SPY

28.24

Forward P/E

EBND

N/A

SPY

21.85

5Y Dividends CAGR

Winner

EBND

5.97%

SPY

5.43%

5Y EPS CAGR

EBND

N/A

SPY

25.79%

Debt to Equity

EBND

N/A

SPY

22.35%

P/S Ratio

EBND

N/A

SPY

3.55

P/B Ratio

EBND

N/A

SPY

5.29

EBND vs SPY - Historical Returns

Returns include dividend reinvestment.

Period	EBND	SPY
1 month	+0.58%	+9.11%
3 months	-1.20%	+6.59%
6 months	+2.92%	+10.56%
1 year	+8.84%	+32.04%
5 years(CAGR)	+0.49%	+13.35%
10 years(CAGR)	+1.82%	+15.49%
Max(CAGR)	+1.05%	+8.50%

EBND

+0.58%

Winner

SPY

+9.11%

EBND

-1.20%

Winner

SPY

+6.59%

EBND

+2.92%

Winner

SPY

+10.56%

EBND

+8.84%

Winner

SPY

+32.04%

5Y(CAGR)

EBND

+0.49%

Winner

SPY

+13.35%

10Y(CAGR)

EBND

+1.82%

Winner

SPY

+15.49%

Max(CAGR)

EBND

+1.05%

Winner

SPY

+8.50%

EBND vs SPY - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	EBND	SPY
2026	+0.90%	+8.27%
2025	+15.52%	+18.00%
2024	-1.77%	+25.59%
2023	+9.43%	+26.72%
2022	-11.26%	-18.64%
2021	-9.86%	+30.52%
2020	+4.38%	+17.28%
2019	+10.07%	+31.09%
2018	-7.36%	-5.24%
2017	+15.23%	+20.78%
2016	+8.46%	+13.59%
2015	-12.96%	+1.31%
2014	-3.10%	+14.56%
2013	-5.97%	+29.00%
2012	+13.66%	+14.17%
2011	+0.07%	+0.85%
2010	N/A	+13.14%
2009	N/A	+22.67%
2008	N/A	-36.25%
2007	N/A	+5.32%
2006	N/A	+13.85%
2005	N/A	+5.32%
2004	N/A	+10.75%
2003	N/A	+24.18%
2002	N/A	-22.42%
2001	N/A	-10.13%
2000	N/A	-8.84%
1999	N/A	+8.61%

EBND vs SPY Drawdown Comparison

The maximum drawdown for EBND was -29.51%, occurring on Oct 24, 2022. Recovery took 3212 trading sessions.

The maximum drawdown for SPY was -55.20%, occurring on Mar 9, 2009. Recovery took 1224 trading sessions.

The current EBND drawdown is -2.05%.

Rank	EBND	SPY
#1	-29.51% May 8, 2013 - Feb 13, 2026	-55.20% Oct 9, 2007 - Aug 16, 2012
#2	-13.49% Aug 31, 2011 - Oct 1, 2012	-47.50% Mar 24, 2000 - Oct 26, 2006
#3	-6.63% Feb 25, 2026 - Mar 30, 2026	-33.70% Feb 19, 2020 - Aug 10, 2020
#4	-3.18% Jul 29, 2011 - Aug 26, 2011	-24.50% Jan 3, 2022 - Dec 13, 2023
#5	-2.59% Jun 3, 2011 - Jul 7, 2011	-19.34% Sep 20, 2018 - Apr 12, 2019
#6	-2.49% May 2, 2011 - Jun 3, 2011	-18.76% Feb 19, 2025 - Jun 26, 2025
#7	-2.02% Oct 17, 2012 - Dec 7, 2012	-13.02% Jul 20, 2015 - Apr 18, 2016
#8	-1.71% Jan 18, 2013 - Feb 13, 2013	-10.10% Jan 26, 2018 - Aug 6, 2018
#9	-1.67% Jul 7, 2011 - Jul 21, 2011	-9.44% Sep 2, 2020 - Nov 11, 2020
#10	-1.59% Feb 19, 2013 - Apr 10, 2013	-9.30% Jan 19, 2000 - Mar 17, 2000
#11	-1.37% Mar 9, 2011 - Mar 21, 2011	-9.05% Jul 19, 2007 - Oct 5, 2007
#12	-1.33% Jan 2, 2013 - Jan 11, 2013	-8.88% Jan 27, 2026 - Apr 14, 2026
#13	-1.20% Apr 15, 2011 - Apr 21, 2011	-8.41% Jul 16, 2024 - Sep 19, 2024
#14	-0.91% Dec 20, 2012 - Dec 26, 2012	-7.35% Sep 14, 2012 - Jan 2, 2013
#15	-0.89% Oct 5, 2012 - Oct 15, 2012	-7.27% Sep 18, 2014 - Oct 31, 2014

Correlation

Correlation between EBND and SPY is 0.12 which considered as a very weak or no correlation - the stocks move independently of each other.

0.12

-101

Dividend Comparison (1999 - 2026)

EBND vs SPY dividend yield comparison.

Year	EBND	SPY
2026	1.88%	0.24%
2025	5.54%	1.07%
2024	5.89%	1.21%
2023	5.26%	1.40%
2022	4.75%	1.65%
2021	3.83%	1.20%
2020	3.67%	1.52%
2019	4.68%	1.75%
2018	4.70%	2.04%
2017	2.00%	1.80%
2016	0.00%	2.03%
2015	0.00%	2.06%
2014	0.24%	1.87%
2013	2.31%	1.81%
2012	4.46%	2.18%
2011	2.77%	2.05%
2010	0.00%	1.80%
2009	0.00%	1.95%
2008	0.00%	3.02%
2007	0.00%	1.85%
2006	0.00%	1.73%
2005	0.00%	1.73%
2004	0.00%	1.82%
2003	0.00%	1.47%
2002	0.00%	1.70%
2001	0.00%	1.25%
2000	0.00%	1.15%
1999	0.00%	0.24%