State Street® SPDR® Bloomberg Emerging Markets USD Bond ETFEMHC$24.99+$0.11(+0.44%)as of 2026-08-19
Expense0.23%Net Assets$252.9MYTD-1.85%
State Street (SPDR)Fixed Income
NAV
$24.99
Net Assets
$252.9M
Expense Ratio
0.23%
YTD
-1.85%
1Y
+0.04%
3Y CAGR
+2.67%
5Y CAGR
-4.09%

Under normal market conditions, the fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index and in securities that the Adviser determines have economic characteristics that are substantially identical to the economic characteristics of the securities that comprise the index. It is non-diversified.

Price History1,333 daily observations

Price History 0.04% over 1Y
Monthly Returns

Historically, Nov has averaged the highest return (+2.7%); Sep the lowest (-2.1%).

Average from:
YearJanFebMarAprMayJunJulAugSepOctNovDec
2026+0.3%Neutral MonthJan 2026: +0.31%+1.0%Neutral MonthFeb 2026: +1.02%-3.9%Negative MonthMar 2026: -3.88%+2.0%Positive MonthApr 2026: +2.02%-0.0%Neutral MonthMay 2026: -0.04%+0.1%Neutral MonthJun 2026: +0.12%-2.2%Negative MonthJul 2026: -2.17%+0.9%*Neutral MonthAug 2026: +0.88%
2025+1.3%Neutral MonthJan 2025: +1.30%+2.0%Neutral MonthFeb 2025: +1.95%-1.6%Neutral MonthMar 2025: -1.62%-0.5%Neutral MonthApr 2025: -0.52%+0.3%Neutral MonthMay 2025: +0.31%+2.1%Positive MonthJun 2025: +2.07%+0.3%Neutral MonthJul 2025: +0.28%+1.2%Neutral MonthAug 2025: +1.15%+0.9%Neutral MonthSep 2025: +0.91%+2.1%Positive MonthOct 2025: +2.05%-0.1%Neutral MonthNov 2025: -0.08%-0.9%Neutral MonthDec 2025: -0.90%
2024-1.4%Neutral MonthJan 2024: -1.43%-0.0%Neutral MonthFeb 2024: -0.04%+0.7%Neutral MonthMar 2024: +0.71%-3.0%Negative MonthApr 2024: -2.98%+2.1%Positive MonthMay 2024: +2.10%-0.5%Neutral MonthJun 2024: -0.49%+2.1%Positive MonthJul 2024: +2.08%+1.7%Neutral MonthAug 2024: +1.73%+1.5%Neutral MonthSep 2024: +1.50%-3.5%Negative MonthOct 2024: -3.47%+1.4%Neutral MonthNov 2024: +1.39%-3.2%Negative MonthDec 2024: -3.24%
2023+3.4%Positive MonthJan 2023: +3.42%-2.7%Negative MonthFeb 2023: -2.68%+1.5%Neutral MonthMar 2023: +1.49%+0.2%Neutral MonthApr 2023: +0.18%-1.8%Neutral MonthMay 2023: -1.76%+1.4%Neutral MonthJun 2023: +1.40%+0.9%Neutral MonthJul 2023: +0.94%-2.2%Negative MonthAug 2023: -2.18%-3.6%Negative MonthSep 2023: -3.58%-1.9%Neutral MonthOct 2023: -1.91%+5.4%Positive MonthNov 2023: +5.42%+4.0%Positive MonthDec 2023: +4.01%
2022-3.5%Negative MonthJan 2022: -3.54%-6.9%Negative MonthFeb 2022: -6.86%-1.3%Neutral MonthMar 2022: -1.27%-6.8%Negative MonthApr 2022: -6.84%+0.4%Neutral MonthMay 2022: +0.42%-5.9%Negative MonthJun 2022: -5.90%+3.5%Positive MonthJul 2022: +3.48%-2.7%Negative MonthAug 2022: -2.74%-6.7%Negative MonthSep 2022: -6.67%-0.3%Neutral MonthOct 2022: -0.30%+9.0%Positive MonthNov 2022: +8.96%-1.7%Neutral MonthDec 2022: -1.75%
2021+0.8%Neutral MonthMay 2021: +0.76%+0.6%Neutral MonthJun 2021: +0.63%+0.1%Neutral MonthJul 2021: +0.13%+0.5%Neutral MonthAug 2021: +0.52%-2.8%Negative MonthSep 2021: -2.82%-0.3%Neutral MonthOct 2021: -0.25%-2.1%Negative MonthNov 2021: -2.11%+1.2%Neutral MonthDec 2021: +1.21%
Avg±SD+0.0%±2.4%-1.3%±3.2%-0.9%±1.9%-1.6%±3.1%+0.3%±1.1%-0.4%±2.6%+0.8%±1.8%-0.1%±1.7%-2.1%±3.0%-0.8%±1.8%+2.7%±4.0%-0.1%±2.5%
* Current month — value will change until month-end.

Each cell is the percentage change in closing price from the end of the prior month to the end of this month. The bottom row shows the average return for that calendar month across the selected years, plus or minus one standard deviation — the range that historically contained roughly two-thirds of outcomes. Past monthly patterns are not a forecast of future returns.

Seasonal Tendency

This aggregates every month by calendar position — all Januaries together, all Februaries together, and so on — to show whether a given month has leaned positive or negative historically. ‘Simple’ counts each month as +1 or −1. ‘Weighted’ gives larger moves more influence: +2 above +10%, −2 below −10%. With only 6 years of history for this asset, each month’s score reflects a small number of observations — read it as a historical tendency, not a reliable seasonal pattern.

Historical Trend

This tracks a running tally across the asset’s full price history: each month adds or subtracts based on whether it was positive or negative. A rising line means more positive months than negative so far; a flattening or falling line means recent months have leaned negative. This measures historical month-to-month consistency, not expected future performance.

Year-to-Date ROI
Average from:
SD ×
Latest: 0.982x (2026)

Year-to-date return is calculated by dividing each day’s closing price by the price on January 1st of that year (or the asset’s first available price if it began trading mid-year). The custom average line shows the mean YTD return at each calendar day across the selected years. The standard deviation band shows the range within which returns have historically fallen — at 1 SD, roughly two-thirds of years; at 2 SD, roughly 95%. Past year-to-date patterns do not predict future returns. The average and standard deviation band are computed from the year set chosen in “Average from”, which is independent of which year lines are displayed. The current in-progress year is excluded from these calculations, since a partial year is not comparable to complete ones. Election-cycle groupings follow the US presidential calendar and are offered only for US and crypto assets.

Returns PerformanceTrailing total returns

YTD1Y3Y CAGR5Y CAGR
-1.85%+0.04%+2.67%-4.09%

Expense Ratio

Net (after waivers)0.23%
Gross (before waivers)0.23%

Net expense ratio reflects fee waivers and reimbursements actually paid by investors. Gross is the full management cost.

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Rule-based from financial data. Not advice.

Sector Allocation1 sector

Fixed Income / Cash98.72%

Top 10 Holdings ConcentrationWhat share of the fund the largest 10 positions occupy

Top 10 Weight
7.6%
Total Holdings
536
Verdict
broadly diversified
REPUBLIC OF ARGENTINA SR UNSECURED 07/35 VARREPUBLIC OF ARGENTINA SR UNSECURED 07/35 VAR
1.33%
REPUBLIC OF ARGENTINA SR UNSECURED 07/29 1REPUBLIC OF ARGENTINA SR UNSECURED 07/29 1
1.04%
REPUBLIC OF ARGENTINA SR UNSECURED 07/30 VARREPUBLIC OF ARGENTINA SR UNSECURED 07/30 VAR
1.02%
REPUBLIC OF ARGENTINA SR UNSECURED 01/38 VARREPUBLIC OF ARGENTINA SR UNSECURED 01/38 VAR
0.75%
REPUBLIC OF ARGENTINA SR UNSECURED 07/41 VARREPUBLIC OF ARGENTINA SR UNSECURED 07/41 VAR
0.65%
REPUBLIC OF ECUADOR SR UNSECURED REGS 07/35 VARREPUBLIC OF ECUADOR SR UNSECURED REGS 07/35 VAR
0.60%
CHINA GOVT INTL BOND SR UNSECURED REGS 11/30 3.75CHINA GOVT INTL BOND SR UNSECURED REGS 11/30 3.75
0.59%
FED REPUBLIC OF BRAZIL SR UNSECURED 03/35 6.625FED REPUBLIC OF BRAZIL SR UNSECURED 03/35 6.625
0.59%
STATE OF QATAR SR UNSECURED REGS 03/49 4.817STATE OF QATAR SR UNSECURED REGS 03/49 4.817
0.55%
REPUBLIC OF INDONESIA SR UNSECURED REGS 01/46 5.95REPUBLIC OF INDONESIA SR UNSECURED REGS 01/46 5.95
0.51%

Top Holdings200 of 536 loaded

💡Reading the Holdings Table

The Weight column shows how much of the ETF's assets sit in each constituent. The Allocation bar scales each weight to the largest position so you can see relative concentration at a glance, and the Cumul. column tracks the running total, a fast read on how top-heavy this ETF is. The top 10 holdings account for 7.6% of assets. Click any constituent name to open its US stock detail page.

📖 Learn: Diversification & Asset Allocation →
#HoldingSectorAllocationWeightCumul.
1REPUBLIC OF ARGENTINA SR UNSECURED 07/35 VARREPUBLIC OF ARGENTINA SR UNSECURED 07/35 VARFixed Income / Cash
1.33%1.3%
2REPUBLIC OF ARGENTINA SR UNSECURED 07/29 1REPUBLIC OF ARGENTINA SR UNSECURED 07/29 1Fixed Income / Cash
1.04%2.4%
3REPUBLIC OF ARGENTINA SR UNSECURED 07/30 VARREPUBLIC OF ARGENTINA SR UNSECURED 07/30 VARFixed Income / Cash
1.02%3.4%
4REPUBLIC OF ARGENTINA SR UNSECURED 01/38 VARREPUBLIC OF ARGENTINA SR UNSECURED 01/38 VARFixed Income / Cash
0.75%4.1%
5REPUBLIC OF ARGENTINA SR UNSECURED 07/41 VARREPUBLIC OF ARGENTINA SR UNSECURED 07/41 VARFixed Income / Cash
0.65%4.8%
6REPUBLIC OF ECUADOR SR UNSECURED REGS 07/35 VARREPUBLIC OF ECUADOR SR UNSECURED REGS 07/35 VARFixed Income / Cash
0.60%5.4%
7CHINA GOVT INTL BOND SR UNSECURED REGS 11/30 3.75CHINA GOVT INTL BOND SR UNSECURED REGS 11/30 3.75Fixed Income / Cash
0.59%6.0%
8FED REPUBLIC OF BRAZIL SR UNSECURED 03/35 6.625FED REPUBLIC OF BRAZIL SR UNSECURED 03/35 6.625Fixed Income / Cash
0.59%6.6%
9STATE OF QATAR SR UNSECURED REGS 03/49 4.817STATE OF QATAR SR UNSECURED REGS 03/49 4.817Fixed Income / Cash
0.55%7.1%
10REPUBLIC OF INDONESIA SR UNSECURED REGS 01/46 5.95REPUBLIC OF INDONESIA SR UNSECURED REGS 01/46 5.95Fixed Income / Cash
0.51%7.6%
11KUWAIT INTL BOND SR UNSECURED REGS 10/35 4.652KUWAIT INTL BOND SR UNSECURED REGS 10/35 4.652Fixed Income / Cash
0.49%8.1%
12STATE OF QATAR SR UNSECURED REGS 04/48 5.103STATE OF QATAR SR UNSECURED REGS 04/48 5.103Fixed Income / Cash
0.48%8.6%
13REPUBLIC OF PANAMA SR UNSECURED 01/36 6.7REPUBLIC OF PANAMA SR UNSECURED 01/36 6.7Fixed Income / Cash
0.47%9.1%
14CBB INTL SUKUK PROG WLL SR UNSECURED REGS 07/33 6.25CBB INTL SUKUK PROG WLL SR UNSECURED REGS 07/33 6.25Fixed Income / Cash
0.47%9.5%
15REPUBLIC OF PERU SR UNSECURED 03/36 5.5REPUBLIC OF PERU SR UNSECURED 03/36 5.5Fixed Income / Cash
0.46%10.0%
16STATE OF QATAR SR UNSECURED REGS 02/35 4.875STATE OF QATAR SR UNSECURED REGS 02/35 4.875Fixed Income / Cash
0.45%10.4%
17QATAR ENERGY SR UNSECURED REGS 07/41 3.125QATAR ENERGY SR UNSECURED REGS 07/41 3.125Fixed Income / Cash
0.45%10.9%
18CODELCO INC SR UNSECURED REGS 09/53 6.3CODELCO INC SR UNSECURED REGS 09/53 6.3Fixed Income / Cash
0.45%11.3%
19HAZINE MUSTESARLIGI VARL SR UNSECURED REGS 01/29 8.5091HAZINE MUSTESARLIGI VARL SR UNSECURED REGS 01/29 8.5091Fixed Income / Cash
0.44%11.8%
20FED REPUBLIC OF BRAZIL SR UNSECURED 01/34 8.25FED REPUBLIC OF BRAZIL SR UNSECURED 01/34 8.25Fixed Income / Cash
0.44%12.2%
Total (top 20)12.2%

Holdings Overlap with Your Portfolio

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Investment CalculatorSee what investing in EMHC might be worth

$
You invest
$10,000
Estimated gain
$-3,412
Final value
$6,588
Projections assume returns compound at the chosen CAGR consistently for 10 years, actual returns will vary year-to-year. Past performance is not a guarantee of future results.

Key Concepts to UnderstandFive things that drive ETF performance more than anything else

Expense Ratio

The annual fee the ETF charges, deducted daily from NAV. A 0.05% ratio costs you $5/year per $10,000 invested, over 30 years that's the difference between a great fund and a mediocre one.

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Net Assets (AUM)

Total money the ETF manages. Larger AUM usually means tighter bid-ask spreads and lower closure risk. ETFs under $50M are sometimes liquidated by the issuer.

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NAV

Net Asset Value, the per-share value of everything the ETF owns minus what it owes, calculated end-of-day. The trading price can drift slightly above (premium) or below (discount) NAV during the day.

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Tracking Error

How closely the ETF's returns match its benchmark. Index ETFs aim for near-zero tracking error; high tracking error in an index fund usually signals fees, sampling, or poor management.

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Total Return

Capital gain + reinvested dividends. The headline price chart only shows the price part, total return is what you actually pocket, and is the only fair way to compare ETFs across asset classes.

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About This ETF

Provider
State Street (SPDR)
Asset Class
Fixed Income
Inception Date
Apr 6, 2021
Top Sector
Fixed Income / Cash (98.7%)

Under normal market conditions, the fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index and in securities that the Adviser determines have economic characteristics that are substantially identical to the economic characteristics of the securities that comprise the index. It is non-diversified.

US ETF data is for educational purposes only. Past performance does not guarantee future returns. Exchange-traded funds carry market risk and may lose value. Read the prospectus and consult a registered investment advisor before investing. Equiscale does not provide investment advice.