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PAVE vs EMB

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

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

PAVE vs EMB - Performance Comparison

Key Characteristics

Financial metrics and valuation ratios

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

PAVE vs EMB - Historical Returns

Returns include dividend reinvestment.

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

PAVE vs EMB - Annual Returns (2007 - 2026)

Returns include dividend reinvestment.

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

PAVE vs EMB Drawdown Comparison

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

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

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

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

Correlation

Correlation between PAVE and EMB 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)

PAVE vs EMB dividend yield comparison.

YearPAVEEMB
20260.18%2.61%
20250.92%4.98%
20240.54%5.46%
20230.68%4.74%
20220.84%5.04%
20210.48%3.89%
20200.44%3.88%
20190.67%4.51%
20180.78%5.64%
20170.30%4.54%
20160.00%4.83%
20150.00%4.84%
20140.00%4.56%
20130.00%4.75%
20120.00%4.17%
20110.00%4.83%
20100.00%5.15%
20090.00%5.63%
20080.00%5.63%
20070.00%0.16%

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