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ETFs

SPDR Bloomberg Emerging Markets USD Bond ETF

EMHC
$—
Today’s Change
— (—)

Snapshot
*

Inception Date
Apr 6, 2021
Expense Ratio
0.23%
Type
Global Ex. US Bonds
Fund Owner
State Street (SPDR)
Volume (1m avg. daily)
$68,429
AUM
$197,070,528
Associated Index
Bloomberg Emerging USD Bond Core Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

—
CODELCO INC SR UNSECURED REGS 01/50 3.7
0.98%
—
KINGDOM OF BAHRAIN SR UNSECURED REGS 01/26 7
0.83%
—
OMAN GOV INTERNTL BOND SR UNSECURED REGS 08/29 6
0.8%
—
Kingdom of Saudi Arabia - 3.625% NT REDEEM 04/03/2028 USD 200000 - Reg S
0.79%
—
REPUBLICA ORIENT URUGUAY SR UNSECURED 06/50 5.1
0.77%
—
Colombia 6.125 % Bonds 2009-18.1.41 Global
0.73%
—
REPUBLIC OF TURKEY SR UNSECURED 04/29 7.625
0.7%
EIBI4591512
Export-Import Bank Of India - 3.875% NT REDEEM 01/02/2028 USD 200000 - Reg S
0.67%
—
KINGDOM OF BAHRAIN SR UNSECURED REGS 01/33 5.25
0.67%
—
REPUBLIC OF CHILE SR UNSECURED 01/34 3.5
0.65%
Invest with EMHC
Trade EMHC Options

What is EMHC?

The SPDR Bloomberg Barclays Emerging Markets USD Bond ETF seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of the Bloomberg Emerging USD Bond Core Index (the Index ). The Bloomberg Emerging USD Bond Core Index is designed to measure the performance of fixed-rate US dollar-denominated debt issued by sovereign and quasi-sovereign (government owned and government guaranteed) emerging market issuers. The Index includes bonds with a minimum par outstanding amount of $500 million, a remaining maturity of at least two years and an original maturity greater than 5 years. The index employs a 5% country cap (by amount outstanding) and includes both a rating floor and cap. The Index is rebalanced and reconstituted monthly on the last business day of the month.

1M
3M
6M
YTD
1Y
3Y
Max
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EMHC
Performance Measures**

for the time period Apr 7, 2021 to Dec 4, 2025

Returns

1M Trailing Return: 1.1%

The percent change in the value over the most recent 1-month period.

3M Trailing Return: 4.2%

The percent change in the value over the most recent 3-month period.

Measures of Risk or Volatility

Max Drawdown: -28.0%

The greatest percent loss from peak to trough in value over the time period.

Standard Deviation: 9.2%

The typical amount that daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

Measures of Risk-Adjusted Performance

Sharpe Ratio: 0.24

The annualized arithmetic mean of the daily returns divided by the annualized standard deviation of the daily returns for the selected time period.

Calmar Ratio: 0.06

The annualized return divided by the max drawdown for the selected time period.

ETFs related toEMHC

ETFs correlated to EMHC include EMB, VWOB, JPMB

EMHC
SPDR Series Trust - SPDR Bloomberg Emerging Markets USD Bond ETF
EMB
BlackRock Institutional Trust Company N.A. - iShares J.P. Morgan USD Emerging Markets Bond ETF
VWOB
Vanguard Group, Inc. - Vanguard Emerging Markets Government Bond ETF
JPMB
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan USD Emerging Markets Sovereign Bond ETF
PCY
Invesco Capital Management LLC - Invesco Emerging Markets Sovereign Debt ETF
EMHY
BlackRock Institutional Trust Company N.A. - iShares J.P. Morgan EM High Yield Bond ETF
PYLD
Pimco Exchange Traded Fund - PIMCO Multisector Bond Active Exchange-Traded Fund
DIAL
Columbia ETF Trust I - Columbia Diversified Fixed Income Allocation ETF
IBDY
iShares Trust - iShares iBonds Dec 2033 Term Corporate ETF
IGIB
BlackRock Institutional Trust Company N.A. - iShares Trust iShares 5-10 Year Investment Grade Corporate Bond ETF
VCEB
Vanguard Group, Inc. - Vanguard ESG U.S. Corporate Bond ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Trading Strategies
Related toEMHC

SPDRverse

Category

Cross-asset momentum, sector rotation, SPDR ETFs, daily rebalancing, tactical allocation

OOS Cumulative Return

-3.32%

Create your own algorithmic trading strategy with EMHC using Composer

FAQ

EMHC is a Global Ex. US Bonds ETF. The SPDR Bloomberg Barclays Emerging Markets USD Bond ETF seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of the Bloomberg Emerging USD Bond Core Index (the Index ). The Bloomberg Emerging USD Bond Core Index is designed to measure the performance of fixed-rate US dollar-denominated debt issued by sovereign and quasi-sovereign (government owned and government guaranteed) emerging market issuers. The Index includes bonds with a minimum par outstanding amount of $500 million, a remaining maturity of at least two years and an original maturity greater than 5 years. The index employs a 5% country cap (by amount outstanding) and includes both a rating floor and cap. The Index is rebalanced and reconstituted monthly on the last business day of the month.

EMHC tracks the Bloomberg Emerging USD Bond Core Index.

No, EMHC is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, EMHC is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on EMHC is -0.0128%. This is the percent change in the value of EMHC over the most recent 1-month period. The 3-month return on EMHC is -0.026%. This is the percent change in the value of EMHC over the most recent 3-month period.

The standard deviation of EMHC for the past year is 0.1137%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to EMHC include SHY, BIL, and TLT.

ETFs correlated to EMHC include EMB, VWOB, and JPMB.

ETFs that are inversely correlated to EMHC include SJB, TBX, and PST.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.