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SPDR DoubleLine Emerging Markets Fixed Income ETF

EMTL
$
Today’s Change
()

Snapshot
*

Inception Date
Apr 13, 2016
Expense Ratio
0.65%
Type
Global Ex. US Bonds
Fund Owner
State Street (SPDR)
Volume (1m avg. daily)
$237,347
AUM
$78,600,599
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
Yes
Prospectus

Top 10 Holdings

US DOLLARS
5.7%
CHILE ELEC PEC SPA 0 01/25/2028
2.49%
7H2B
Minejesa Capital BV - 5.625% NT REDEEM 10/08/2037 USD 200000 - Reg S
2.34%
BANCO INTERNAC DEL PERU (Interbank) 4 07/08/2030
2.25%
GXPL5129097
GALAXY PIPELINE ASSETS 2.16 03/31/2034
2.18%
BLMIF4939943
BANK LEUMI LEISRAEL 3.275 01/29/2031
1.82%
DBS Group Holdings Ltd - FXDFR NT REDEEM 10/03/2031 USD 200000 - 29
1.78%
UBFB
Guara Norte Sarl - 5.198% NT REDEEM 15/06/2034 USD 200000 - Reg S
1.76%
BKHPF5283947
Bank Hapoalim 3.255 01/21/2032
1.74%
Y6JB
Oversea-Chinese Banking Corporation Limited - FXDFR NT REDEEM 10/09/2030 USD 200000 - Reg S
1.63%
Invest with EMTL

What is EMTL?

The SPDR DoubleLine Emerging Markets Fixed Income ETF seeks to provide high total return from current income and capital appreciation.

1M
3M
6M
YTD
1Y
3Y
Max

EMTL
Performance Measures**

for the time period Apr 20, 2016 to Nov 14, 2025

Returns

1M Trailing Return: 0.8%

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

3M Trailing Return: 1.3%

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

Measures of Risk or Volatility

Max Drawdown: -22.9%

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

Standard Deviation: 4.8%

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: 0.75

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: 0.15

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

ETFs related toEMTL

ETFs correlated to EMTL include PYLD, JPMB, PCY

EMTL
SSgA Active Trust - SPDR DoubleLine Emerging Markets Fixed Income ETF
PYLD
Pimco Exchange Traded Fund - PIMCO Multisector Bond Active Exchange-Traded Fund
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
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
DIAL
Columbia ETF Trust I - Columbia Diversified Fixed Income Allocation ETF
DYLD
Two Roads Shared Trust - LeaderShares Dynamic Yield ETF
VCIT
Vanguard Group, Inc. - Vanguard Intermediate-Term Corporate Bond ETF
IGIB
BlackRock Institutional Trust Company N.A. - iShares Trust iShares 5-10 Year Investment Grade Corporate Bond ETF
IBDY
iShares Trust - iShares iBonds Dec 2033 Term Corporate 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 toEMTL

SPDRverse

Category

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

OOS Cumulative Return

-4.8%

Create your own algorithmic trading strategy with EMTL using Composer

FAQ

EMTL is a Global Ex. US Bonds ETF. The SPDR DoubleLine Emerging Markets Fixed Income ETF seeks to provide high total return from current income and capital appreciation.

Yes, EMTL is actively 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.

No, EMTL is not passively managed. It is actively 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 EMTL is -0.0051%. This is the percent change in the value of EMTL over the most recent 1-month period. The 3-month return on EMTL is -0.0057%. This is the percent change in the value of EMTL over the most recent 3-month period.

The standard deviation of EMTL for the past year is 0.0662%. 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 EMTL include IGSB, SPIB, and VCSH.

ETFs correlated to EMTL include PYLD, JPMB, and PCY.

ETFs that are inversely correlated to EMTL include TBX, TTT, and TBF.

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.