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EMB vs PAVE

Comparison between ISHARES J.P. MORGAN USD EMERGING MARKETS BOND ETF (EMB, ETF) and GLOBAL X U.S. INFRASTRUCTURE DEVELOPMENT ETF (PAVE, ETF).

5-Year PerformancePAVE has outperformed EMB, delivering a return of +17.7% compared to +1.7%

EMB vs PAVE - Performance Comparison

Key Characteristics

Financial metrics and valuation ratios

Net Assets
EMB
$15B
PAVE
$15B
Expense Ratio
Winner
EMB
0.39%
PAVE
0.47%
Max Drawdown
Winner
EMB
37.41%
PAVE
44.08%
Sharpe Ratio
EMB
0.93
Winner
PAVE
1.02
5Y Beta
Winner
EMB
0.25
PAVE
1.07
P/E Ratio
EMB
N/A
PAVE
36.88
Forward P/E
EMB
N/A
PAVE
23.16
5Y Dividends CAGR
EMB
2.38%
Winner
PAVE
26.42%
5Y EPS CAGR
EMB
N/A
PAVE
16.88%
Debt to Equity
EMB
N/A
PAVE
39.87%
P/S Ratio
EMB
N/A
PAVE
2.50
P/B Ratio
EMB
N/A
PAVE
4.36

EMB vs PAVE - Historical Returns

Returns include dividend reinvestment.

1M
Winner
EMB
-0.65%
PAVE
-4.97%
3M
EMB
+0.48%
Winner
PAVE
+1.92%
6M
EMB
+1.44%
Winner
PAVE
+9.00%
1Y
EMB
+8.81%
Winner
PAVE
+25.57%
5Y(CAGR)
EMB
+1.69%
Winner
PAVE
+17.72%
10Y(CAGR)
EMB
+2.85%
Winner
PAVE
+16.10%
Max(CAGR)
EMB
+4.65%
Winner
PAVE
+16.10%

EMB vs PAVE - Annual Returns (2007 - 2026)

Returns include dividend reinvestment.

YearEMBPAVE
2026+1.65%+15.25%
2025+13.47%+19.84%
2024+6.59%+19.14%
2023+10.12%+30.96%
2022-17.83%-6.23%
2021-1.69%+38.38%
2020+5.29%+19.91%
2019+15.48%+32.56%
2018-5.71%-20.25%
2017+9.90%+14.10%
2016+9.38%N/A
2015+1.39%N/A
2014+6.03%N/A
2013-8.06%N/A
2012+18.00%N/A
2011+7.19%N/A
2010+10.67%N/A
2009+13.44%N/A
2008-2.27%N/A
2007+0.29%N/A

EMB vs PAVE Drawdown Comparison

The maximum drawdown for EMB was -34.70%, occurring on Oct 28, 2008. Recovery took 293 trading sessions.

The maximum drawdown for PAVE was -44.08%, occurring on Mar 23, 2020. Recovery took 182 trading sessions.

The current EMB drawdown is -1.08%. The current PAVE drawdown is -6.15%.

RankEMBPAVE
#1-34.70%
May 21, 2008 - Jul 21, 2009
-44.08%
Jan 17, 2020 - Oct 7, 2020
#2-28.75%
Sep 2, 2021 - Aug 11, 2025
-27.83%
Jan 26, 2018 - Nov 26, 2019
#3-26.55%
Mar 4, 2020 - Nov 13, 2020
-26.23%
Nov 25, 2024 - Jul 23, 2025
#4-14.48%
May 2, 2013 - Jul 8, 2014
-22.61%
Jan 4, 2022 - Jan 31, 2023
#5-8.91%
Jan 5, 2018 - Mar 20, 2019
-13.34%
Sep 1, 2023 - Dec 13, 2023
#6-7.56%
Sep 7, 2016 - Apr 28, 2017
-11.91%
Feb 24, 2026 - Apr 23, 2026
#7-7.43%
Nov 4, 2010 - Jul 28, 2011
-11.65%
Mar 3, 2023 - Jun 15, 2023
#8-7.37%
Aug 27, 2014 - Apr 2, 2015
-10.11%
Jan 12, 2021 - Feb 24, 2021
#9-7.34%
Dec 31, 2020 - Aug 31, 2021
-9.09%
May 7, 2021 - Aug 11, 2021
#10-7.09%
Aug 2, 2011 - Nov 3, 2011
-8.63%
Jul 31, 2024 - Sep 19, 2024
#11-6.45%
Apr 20, 2010 - Jul 8, 2010
-8.51%
Aug 12, 2021 - Oct 25, 2021
#12-6.36%
Apr 27, 2015 - Mar 17, 2016
-8.39%
Mar 28, 2024 - Jul 16, 2024
#13-4.88%
May 3, 2012 - Jun 19, 2012
-7.85%
May 6, 2026 - Jun 16, 2026
#14-4.51%
Feb 25, 2026 - Jun 2, 2026
-7.53%
Mar 15, 2017 - Sep 19, 2017
#15-4.14%
Nov 8, 2011 - Jan 26, 2012
-7.45%
Nov 23, 2021 - Jan 4, 2022

Correlation

Correlation between EMB and PAVE is 0.60 which considered as a moderate positive correlation - the stocks show some tendency to move together.

0.60
-101

Dividend Comparison (2007 - 2026)

EMB vs PAVE dividend yield comparison.

YearEMBPAVE
20262.61%0.18%
20254.98%0.92%
20245.46%0.54%
20234.74%0.68%
20225.04%0.84%
20213.89%0.48%
20203.88%0.44%
20194.51%0.67%
20185.64%0.78%
20174.54%0.30%
20164.83%0.00%
20154.84%0.00%
20144.56%0.00%
20134.75%0.00%
20124.17%0.00%
20114.83%0.00%
20105.15%0.00%
20095.63%0.00%
20085.63%0.00%
20070.16%0.00%

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