iShares J.P. Morgan EM Corporate Bond ETF
$44.44−0.27 (−0.59%)
- Expense ratio
- 0.50%
- Fund size
- $429M
- 1Y return
- +1.8%
- Yield · Last 12 months
- 5.27%
- Holdings
- 1197
- Volume · 30D
- 0.1M sh
- NAV per share
- $44.67
- 52W range
The ETF.net CEMB Grade
Score 56 of 100 sits in the B band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.DScore 28Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 72Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.BScore 56Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.CScore 52Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.AScore 99Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.AScore 83Category rank
Our read on CEMB
BMost emerging-markets funds buy governments or stocks. CEMB buys the companies: roughly 1,100 dollar-denominated corporate bonds from EM issuers, in an iShares wrapper that has been running since 2012 and pays monthly.
The fund seeks to track the J.P. Morgan CEMBI Broad Diversified Core Index, representing U.S.-dollar-denominated emerging-market corporate bonds.
Why people hold it
- The bonds are issued in U.S. dollars, so local-currency swings aren't part of the package the way they are in most EM funds.
- Roughly 1,100 corporate bonds across emerging-market issuers, so no single borrower carries the portfolio.
- Income lands monthly, and the fund has been running since its 2012 launch, through multiple EM credit cycles.
- Follows a J.P. Morgan CEMBI Broad Diversified Core index rather than a house-built benchmark, so the rulebook belongs to a third party.
Worth knowing
- 0.50% a year. That's about the median for its emerging-markets peer group, but far above broad index equity options like VEXC at 0.07%.
- Dollar bonds remove the currency question, not the credit one. You still hold company default risk plus the country risk standing behind each issuer.
- Mid-size and moderately traded rather than a category giant, so spreads can run wider than on the largest bond ETFs.
CEMB Holdings
- Bonds
- 1,197
- 3%
- BLK CSH FND TREASURY SL AGENCY
Sectors
- Industrials100.0%
Geography
- Cayman Islands11.95%
- United Kingdom8.46%
- Hong Kong6.56%
- Luxembourg4.64%
- Netherlands4.36%
- Mexico4.27%
- United States4.22%
- Singapore3.85%
- 51.68%
Developed 32% · Emerging 68%
CEMB Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | CEMB |
|---|---|
| Year to date | +0.8% |
| 1 month | −0.9% |
| 3 months | −0.8% |
| 1 year | +1.8% |
| 3 years | +7.1% |
| 5 years | +1.7% |
| 10 years | +3.2% |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | CEMB |
|---|---|---|
| 2026 YTD | +0.8% | |
| 2025 | +8.9% | |
| 2024 | +5.8% | |
| 2023 | +8.4% | |
| 2022 | −12.6% | |
| 2021 | −0.6% | |
| 2020 | +6.8% |
CEMB in the news
ETF.net Research hasn’t filed on CEMB yet — coverage lands here as it’s written.
CEMB Dividends
- 5.27%
- $2.36
- $0.19 per share
- Monthly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 1, 2026 | Sep 4, 2026 | $0.19 |
| Aug 3, 2026 | Aug 6, 2026 | $0.19 |
| Jul 1, 2026 | Jul 7, 2026 | $0.21 |
| Jun 1, 2026 | Jun 4, 2026 | $0.19 |
| May 1, 2026 | May 6, 2026 | $0.20 |
| Apr 1, 2026 | Apr 7, 2026 | $0.20 |
| Mar 2, 2026 | Mar 5, 2026 | $0.20 |
| Feb 2, 2026 | Feb 5, 2026 | $0.18 |
| Dec 19, 2025 | Dec 24, 2025 | $0.20 |
| Dec 1, 2025 | Dec 4, 2025 | $0.19 |
| Nov 3, 2025 | Nov 6, 2025 | $0.20 |
| Oct 1, 2025 | Oct 6, 2025 | $0.19 |
CEMB Risk
- 4.6%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.56
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −19.9%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.66
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
CEMB Cost
- The middle half of Emerging Markets Bonds (US Dollar) funds
- Median 0.40%
10 of the 17 Emerging Markets Bonds (US Dollar) funds charge less.