EWX vs DBND

Comparison between STATE STREET(R) SPDR(R) S&P(R) EMERGING MARKETS SMALL CAP ETF (EWX, ETF) and DOUBLELINE OPPORTUNISTIC CORE BOND ETF (DBND, ETF).

EWX vs DBND - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	EWX(ETF)	DBND(ETF)
Net Assets	$717M	$720M
Expense Ratio	0.65%	0.45%
Max Drawdown	63.90%	13.66%
Sharpe Ratio	1.17	0.06
5Y Beta	0.62	0.02
5Y Dividends CAGR	9.64%	N/A

Net Assets

EWX

$717M

Winner

DBND

$720M

Expense Ratio

EWX

0.65%

Winner

DBND

0.45%

Max Drawdown

EWX

63.90%

Winner

DBND

13.66%

Sharpe Ratio

Winner

EWX

1.17

DBND

0.06

5Y Beta

EWX

0.62

Winner

DBND

0.02

5Y Dividends CAGR

EWX

9.64%

DBND

N/A

EWX vs DBND - Historical Returns

Returns include dividend reinvestment.

Period	EWX	DBND
1 month	-2.83%	-0.44%
3 months	+8.73%	-1.32%
6 months	+11.52%	-0.18%
1 year	+22.06%	+3.99%
5 years(CAGR)	+6.30%	+2.32%
10 years(CAGR)	+9.26%	N/A
Max(CAGR)	+4.43%	+2.32%

EWX

-2.83%

Winner

DBND

-0.44%

Winner

EWX

+8.73%

DBND

-1.32%

Winner

EWX

+11.52%

DBND

-0.18%

Winner

EWX

+22.06%

DBND

+3.99%

5Y(CAGR)

Winner

EWX

+6.30%

DBND

+2.32%

10Y(CAGR)

EWX

+9.26%

DBND

N/A

Max(CAGR)

Winner

EWX

+4.43%

DBND

+2.32%

EWX vs DBND - Annual Returns (2008 - 2026)

Returns include dividend reinvestment.

Year	EWX	DBND
2026	+8.50%	-0.56%
2025	+16.17%	+7.29%
2024	+7.64%	+3.42%
2023	+17.12%	+5.92%
2022	-15.32%	-5.94%
2021	+16.66%	N/A
2020	+13.04%	N/A
2019	+14.58%	N/A
2018	-19.74%	N/A
2017	+32.53%	N/A
2016	+10.04%	N/A
2015	-11.76%	N/A
2014	+0.87%	N/A
2013	+0.15%	N/A
2012	+23.85%	N/A
2011	-30.79%	N/A
2010	+19.60%	N/A
2009	+92.49%	N/A
2008	-53.20%	N/A

EWX vs DBND Drawdown Comparison

The maximum drawdown for EWX was -63.90%, occurring on Nov 20, 2008. Recovery took 583 trading sessions.

The maximum drawdown for DBND was -9.39%, occurring on Oct 24, 2022. Recovery took 434 trading sessions.

The current EWX drawdown is -5.11%. The current DBND drawdown is -2.21%.

Rank	EWX	DBND
#1	-63.90% May 19, 2008 - Sep 13, 2010	-9.39% Apr 5, 2022 - Dec 27, 2023
#2	-42.99% Jan 26, 2018 - Dec 28, 2020	-4.11% Sep 16, 2024 - Apr 3, 2025
#3	-34.12% Jan 5, 2011 - Sep 5, 2014	-3.16% Feb 1, 2024 - Jun 13, 2024
#4	-31.87% Sep 5, 2014 - Jul 14, 2017	-2.83% Feb 27, 2026 - May 19, 2026
#5	-24.67% Jul 12, 2021 - Apr 9, 2024	-2.27% Apr 4, 2025 - Jun 24, 2025
#6	-21.36% Oct 7, 2024 - Jul 3, 2025	-1.75% Jun 18, 2024 - Jul 12, 2024
#7	-9.20% Jul 12, 2024 - Sep 24, 2024	-1.64% Dec 27, 2023 - Feb 1, 2024
#8	-7.98% Feb 25, 2026 - Apr 13, 2026	-1.05% Jul 17, 2024 - Jul 30, 2024
#9	-6.48% Nov 4, 2010 - Jan 3, 2011	-1.05% Jun 30, 2025 - Aug 1, 2025
#10	-5.85% Apr 28, 2021 - May 28, 2021	-0.91% Oct 28, 2025 - Nov 25, 2025
#11	-5.11% May 26, 2026 - Jun 5, 2026	-0.90% Aug 2, 2024 - Aug 20, 2024
#12	-4.99% Sep 17, 2025 - Jan 9, 2026	-0.74% Nov 26, 2025 - Dec 29, 2025
#13	-4.85% Apr 9, 2024 - May 2, 2024	-0.60% Sep 16, 2025 - Oct 13, 2025
#14	-4.38% May 11, 2026 - May 26, 2026	-0.56% Jan 14, 2026 - Feb 5, 2026
#15	-3.93% May 20, 2024 - Jul 3, 2024	-0.43% Aug 13, 2025 - Aug 22, 2025

Correlation

Correlation between EWX and DBND is 0.93 which considered as a very strong positive correlation - the stocks move almost identically together.

0.93

-101

Dividend Comparison (2008 - 2026)

EWX vs DBND dividend yield comparison.

Year	EWX	DBND
2026	0.00%	1.93%
2025	2.91%	4.78%
2024	2.90%	5.19%
2023	2.32%	4.39%
2022	3.00%	2.74%
2021	2.77%	0.00%
2020	2.24%	0.00%
2019	2.73%	0.00%
2018	3.26%	0.00%
2017	2.30%	0.00%
2016	2.46%	0.00%
2015	3.04%	0.00%
2014	2.74%	0.00%
2013	2.33%	0.00%
2012	2.27%	0.00%
2011	5.58%	0.00%
2010	3.03%	0.00%
2009	1.79%	0.00%
2008	0.85%	0.00%