EMBD vs VOO
Global X Emerging Markets Bond ETF vs Vanguard S&P 500 ETF
Quick Verdict
VOO has a lower expense ratio. VOO delivered stronger 1-year returns. VOO offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | EMBD | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 0.39% | 0.03% | |
| AUM | $249M | $979.0B | |
| Dividend Yield | 5.65% | 1.09% | |
| Holdings | 234 | 509 | |
| YTD Return | +1.70% | +13.80% | |
| 1Y Return | +6.18% | +23.71% | |
| 3Y Return (annualized) | +8.84% | +21.50% | |
| 5Y Return (annualized) | +2.85% | +13.44% | |
| Volatility (annualized) | 8.8% | 14.1% | |
| Max Drawdown | -25.0% | -34.3% | |
| Fund Family | Global X by mirae Asset | Vanguard (US) | |
| Category | Fixed Income | Equity | |
| Inception | Jun 1, 2020 | Sep 7, 2010 |
EMBD vs VOO Performance
Global X Emerging Markets Bond ETF (EMBD) is a ETF from Global X by mirae Asset and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year EMBD returned +6.18% while VOO returned +23.71%. Year to date, EMBD is up 1.70% versus a gain of 13.80% for VOO.
Over three years, EMBD compounded at +8.84% per year against +21.50% for VOO; over five years the annualized figures are +2.85% and +13.44% respectively. Across the full 6-year window we track, VOO has the edge at +13.58% annualized vs +3.33%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VOO has been the more volatile fund, with annualized monthly volatility of 14.1% compared with 8.8% for EMBD. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -25.0% for EMBD and -34.3% for VOO. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.77. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
EMBD charges 0.39% per year while VOO charges 0.03%. On a $10,000 position that is $39 vs $3 annually, a gap of $36 per year that compounds over a long holding period. On income, EMBD currently yields 5.65% against 1.09% for VOO.
Holdings Overlap
EMBD and VOO share 0 holdings out of 582 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, EMBD or VOO?
EMBD has an expense ratio of 0.39% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $36 per year of difference.
Which performed better, EMBD or VOO?
Over the past year EMBD returned +6.18% vs +23.71% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (6 years), EMBD annualized +3.33% vs +13.58% for VOO. Past performance does not guarantee future results.
Which is riskier, EMBD or VOO?
VOO has been the more volatile fund at 14.1% annualized versus 8.8% for EMBD. Worst drawdown: EMBD -25.0% vs VOO -34.3%.
Should I hold both EMBD and VOO?
EMBD and VOO have a monthly-return correlation of 0.77, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between EMBD and VOO?
EMBD and VOO share 0 common holdings with a 0.0% weight overlap. Combined, they hold 582 unique securities.
Which pays a higher dividend, EMBD or VOO?
EMBD yields 5.65% while VOO yields 1.09%, so EMBD currently pays the higher dividend yield.
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