EMB vs XLP

Comparison between ISHARES J.P. MORGAN USD EMERGING MARKETS BOND ETF (EMB, ETF) and THE CONSUMER STAPLES SELECT SECTOR SPDR FUND (XLP, ETF).

5-Year PerformanceXLP has outperformed EMB, delivering a return of +6.1% compared to +2.0%

EMB vs XLP - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	EMB(ETF)	XLP(ETF)
Net Assets	$15B	$15B
Expense Ratio	0.39%	0.08%
Max Drawdown	37.41%	37.82%
Sharpe Ratio	1.55	0.18
5Y Beta	0.26	0.22
P/E Ratio	N/A	29.63
Forward P/E	N/A	19.73
PEG Ratio	N/A	1.88
5Y Dividends CAGR	3.97%	4.86%
5Y EPS CAGR	N/A	7.07%
Debt to Equity	N/A	205.55%
P/S Ratio	N/A	1.34
P/B Ratio	N/A	4.82

Net Assets

EMB

$15B

XLP

$15B

Expense Ratio

EMB

0.39%

Winner

XLP

0.08%

Max Drawdown

Winner

EMB

37.41%

XLP

37.82%

Sharpe Ratio

Winner

EMB

1.55

XLP

0.18

5Y Beta

EMB

0.26

Winner

XLP

0.22

P/E Ratio

EMB

N/A

XLP

29.63

Forward P/E

EMB

N/A

XLP

19.73

PEG Ratio

EMB

N/A

XLP

1.88

5Y Dividends CAGR

EMB

3.97%

Winner

XLP

4.86%

5Y EPS CAGR

EMB

N/A

XLP

7.07%

Debt to Equity

EMB

N/A

XLP

205.55%

P/S Ratio

EMB

N/A

XLP

1.34

P/B Ratio

EMB

N/A

XLP

4.82

EMB vs XLP - Historical Returns

Returns include dividend reinvestment.

Period	EMB	XLP
1 month	+0.92%	+1.21%
3 months	+0.28%	-5.16%
6 months	+2.05%	+9.15%
1 year	+11.98%	+5.73%
5 years(CAGR)	+2.01%	+6.14%
10 years(CAGR)	+3.33%	+7.34%
Max(CAGR)	+4.68%	+7.17%

EMB

+0.92%

Winner

XLP

+1.21%

Winner

EMB

+0.28%

XLP

-5.16%

EMB

+2.05%

Winner

XLP

+9.15%

Winner

EMB

+11.98%

XLP

+5.73%

5Y(CAGR)

EMB

+2.01%

Winner

XLP

+6.14%

10Y(CAGR)

EMB

+3.33%

Winner

XLP

+7.34%

Max(CAGR)

EMB

+4.68%

Winner

XLP

+7.17%

EMB vs XLP - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	EMB	XLP
2026	+1.42%	+7.91%
2025	+13.47%	+1.83%
2024	+6.59%	+10.94%
2023	+10.12%	-0.45%
2022	-17.83%	-0.82%
2021	-1.69%	+18.48%
2020	+5.29%	+11.03%
2019	+15.48%	+28.18%
2018	-5.71%	-7.50%
2017	+9.90%	+12.57%
2016	+9.38%	+6.33%
2015	+1.39%	+7.20%
2014	+6.03%	+17.17%
2013	-8.06%	+23.13%
2012	+18.00%	+10.84%
2011	+7.19%	+13.92%
2010	+10.67%	+12.93%
2009	+13.44%	+12.35%
2008	-2.27%	-13.79%
2007	+0.29%	+11.96%
2006	N/A	+14.03%
2005	N/A	+2.84%
2004	N/A	+8.95%
2003	N/A	+9.08%
2002	N/A	-19.81%
2001	N/A	-8.72%
2000	N/A	+27.10%
1999	N/A	-7.17%

EMB vs XLP Drawdown Comparison

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

The maximum drawdown for XLP was -35.89%, occurring on Mar 10, 2003. Recovery took 1464 trading sessions.

The current EMB drawdown is -0.50%. The current XLP drawdown is -6.86%.

Rank	EMB	XLP
#1	-34.70% May 21, 2008 - Jul 21, 2009	-35.89% Dec 28, 2000 - Oct 26, 2006
#2	-28.75% Sep 2, 2021 - Aug 11, 2025	-32.39% Sep 12, 2008 - Mar 17, 2010
#3	-26.55% Mar 4, 2020 - Nov 13, 2020	-26.38% Nov 24, 1999 - Jul 5, 2000
#4	-14.48% May 2, 2013 - Jul 8, 2014	-24.50% Feb 14, 2020 - Aug 12, 2020
#5	-8.91% Jan 5, 2018 - Mar 20, 2019	-16.32% Apr 20, 2022 - Mar 28, 2024
#6	-7.56% Sep 7, 2016 - Apr 28, 2017	-16.11% Jan 26, 2018 - Apr 17, 2019
#7	-7.43% Nov 4, 2010 - Jul 28, 2011	-11.94% May 19, 2011 - Dec 6, 2011
#8	-7.37% Aug 27, 2014 - Apr 2, 2015	-10.07% Aug 5, 2015 - Oct 22, 2015
#9	-7.34% Dec 31, 2020 - Aug 31, 2021	-9.69% Feb 27, 2026 - Mar 20, 2026
#10	-7.09% Aug 2, 2011 - Nov 3, 2011	-9.24% Jul 13, 2016 - Feb 22, 2017
#11	-6.45% Apr 20, 2010 - Jul 8, 2010	-9.01% Dec 10, 2007 - Sep 8, 2008
#12	-6.36% Apr 27, 2015 - Mar 17, 2016	-8.88% Mar 23, 2010 - Sep 20, 2010
#13	-4.88% May 3, 2012 - Jun 19, 2012	-8.53% Aug 20, 2025 - Jan 14, 2026
#14	-4.51% Feb 25, 2026 - Mar 27, 2026	-8.36% Sep 16, 2024 - Feb 25, 2025
#15	-4.14% Nov 8, 2011 - Jan 26, 2012	-8.19% Feb 25, 2025 - Aug 12, 2025

Correlation

Correlation between EMB and XLP is 0.88 which considered as a strong positive correlation - the stocks tend to move together.

0.88

-101

Dividend Comparison (1999 - 2026)

EMB vs XLP dividend yield comparison.

Year	EMB	XLP
2026	1.75%	0.55%
2025	4.98%	2.75%
2024	5.46%	2.77%
2023	4.74%	2.63%
2022	5.04%	2.47%
2021	3.89%	2.27%
2020	3.88%	2.50%
2019	4.51%	2.57%
2018	5.64%	3.04%
2017	4.54%	2.62%
2016	4.83%	2.53%
2015	4.84%	2.53%
2014	4.56%	2.40%
2013	4.75%	2.39%
2012	4.17%	3.06%
2011	4.83%	2.73%
2010	5.15%	2.60%
2009	5.63%	2.45%
2008	5.63%	2.74%
2007	0.16%	2.08%
2006	0.00%	1.97%
2005	0.00%	1.90%
2004	0.00%	1.54%
2003	0.00%	1.65%
2002	0.00%	1.93%
2001	0.00%	1.26%
2000	0.00%	1.04%
1999	0.00%	0.29%