EMHC vs FDEV

Comparison between STATE STREET(R) SPDR(R) BLOOMBERG EMERGING MARKETS USD BOND ETF (EMHC, ETF) and FIDELITY INTERNATIONAL MULTIFACTOR ETF (FDEV, ETF).

5-Year PerformanceFDEV has outperformed EMHC, delivering a return of +8.0% compared to +1.4%

EMHC vs FDEV - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	EMHC(ETF)	FDEV(ETF)
Net Assets	$283M	$283M
Expense Ratio	0.23%	0.18%
Max Drawdown	31.53%	31.73%
Sharpe Ratio	0.49	1.13
5Y Beta	0.24	0.50
5Y Dividends CAGR	33.14%	12.77%

Net Assets

EMHC

$283M

FDEV

$283M

Expense Ratio

EMHC

0.23%

Winner

FDEV

0.18%

Max Drawdown

Winner

EMHC

31.53%

FDEV

31.73%

Sharpe Ratio

EMHC

0.49

Winner

FDEV

1.13

5Y Beta

Winner

EMHC

0.24

FDEV

0.50

5Y Dividends CAGR

Winner

EMHC

33.14%

FDEV

12.77%

EMHC vs FDEV - Historical Returns

Returns include dividend reinvestment.

Period	EMHC	FDEV
1 month	+1.16%	+4.09%
3 months	+0.98%	+5.55%
6 months	-0.05%	+3.27%
1 year	+6.86%	+19.54%
5 years(CAGR)	+1.35%	+8.04%
Max(CAGR)	+1.88%	+8.86%

EMHC

+1.16%

Winner

FDEV

+4.09%

EMHC

+0.98%

Winner

FDEV

+5.55%

EMHC

-0.05%

Winner

FDEV

+3.27%

EMHC

+6.86%

Winner

FDEV

+19.54%

5Y(CAGR)

EMHC

+1.35%

Winner

FDEV

+8.04%

Max(CAGR)

EMHC

+1.88%

Winner

FDEV

+8.86%

EMHC vs FDEV - Annual Returns (2019 - 2026)

Returns include dividend reinvestment.

Year	EMHC	FDEV
2026	+1.85%	+11.42%
2025	+13.83%	+30.59%
2024	+4.52%	+6.77%
2023	+9.66%	+13.09%
2022	-16.98%	-16.50%
2021	+1.68%	+10.36%
2020	N/A	+4.72%
2019	N/A	+10.06%

EMHC vs FDEV Drawdown Comparison

The maximum drawdown for EMHC was -28.03%, occurring on Oct 20, 2022. Recovery took 1005 trading sessions.

The maximum drawdown for FDEV was -30.10%, occurring on Mar 23, 2020. Recovery took 218 trading sessions.

The current EMHC drawdown is -0.72%.

Rank	EMHC	FDEV
#1	-28.03% Sep 2, 2021 - Sep 5, 2025	-30.10% Jan 17, 2020 - Nov 27, 2020
#2	-4.37% Feb 25, 2026 - Jun 2, 2026	-29.01% Sep 3, 2021 - Jul 12, 2024
#3	-1.94% Jun 18, 2026 - Jul 23, 2026	-9.82% Mar 19, 2025 - Apr 22, 2025
#4	-1.24% May 7, 2021 - May 25, 2021	-8.82% Sep 26, 2024 - Mar 5, 2025
#5	-1.23% Apr 15, 2021 - May 7, 2021	-8.44% Feb 27, 2026 - Jul 30, 2026
#6	-1.17% Jun 11, 2021 - Jul 15, 2021	-5.85% Jul 3, 2019 - Oct 28, 2019
#7	-1.00% Oct 27, 2025 - Nov 26, 2025	-5.44% Feb 16, 2021 - Apr 5, 2021
#8	-0.94% Sep 11, 2025 - Sep 23, 2025	-4.81% Jul 12, 2024 - Aug 16, 2024
#9	-0.94% Dec 30, 2025 - Jan 23, 2026	-3.89% Nov 12, 2025 - Nov 28, 2025
#10	-0.87% Jun 2, 2026 - Jun 11, 2026	-3.82% Jan 8, 2021 - Feb 12, 2021
#11	-0.86% Dec 3, 2025 - Dec 16, 2025	-3.59% Jul 23, 2025 - Aug 13, 2025
#12	-0.84% Aug 4, 2021 - Aug 27, 2021	-3.01% Jun 15, 2021 - Jul 28, 2021
#13	-0.65% Jul 20, 2021 - Aug 2, 2021	-2.90% May 7, 2021 - May 24, 2021
#14	-0.54% Sep 24, 2025 - Oct 9, 2025	-2.61% Sep 12, 2025 - Oct 27, 2025
#15	-0.42% Jun 2, 2021 - Jun 4, 2021	-2.48% Oct 27, 2025 - Nov 11, 2025