iShares J.P. Morgan USD Emerging Markets Bond ETF
$92.72−0.98 (−1.05%)
- Expense ratio
- 0.39%
- Fund size
- $13.9B
- 1Y return
- +3.6%
- Yield · Last 12 months
- 5.21%
- Holdings
- 615
- Volume · 30D
- 6.2M sh
- NAV per share
- $93.64
- 52W range
The ETF.net EMB Grade
Score 76 of 100 sits in the A 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.BScore 59Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 100Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.CScore 47Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.AScore 92Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.AScore 84Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.AScore 94Category rank
Our read on EMB
AEmerging markets without the currency guesswork: EMB owns dollar-denominated EM debt, tracking J.P. Morgan's index since 2007. Roughly 600 bonds, income paid monthly.
The fund seeks to follow an index made up of U.S.-dollar-denominated bonds issued in emerging markets.
Why people hold it
- Dollar-denominated by mandate. The bonds are issued in USD, so local currency moves don't pass straight through to what the fund collects.ishares.com
- About 600 bonds across emerging market borrowers, one of the broadest baskets in its peer group.
- A multi-billion-dollar fund running since 2007 and one of the most actively traded ways to get this exposure, which tends to show up as tighter spreads at retail size.
- Distributions land monthly rather than quarterly.
Worth knowing
- Costs 0.39% a year, above its cohort's 0.19% median and well above plain EM stock index funds like VWO and SCHE at 0.06%.
- It's a bond fund sitting in a mostly-stock peer group. What drives it is emerging market credit and interest rates, not company earnings.
- The USD-only screen skips local-currency emerging market government debt, so that slice of the market, and its currency swings, is left out.ishares.com
EMB Holdings
- Bonds
- 615
- 7%
- ARGENTINA REPUBLIC OF GOVERNMENT 4.13% 07/09/2035
Geography
- Mexico5.80%
- Turkey4.82%
- Indonesia4.31%
- Brazil3.91%
- Poland3.69%
- Saudi Arabia3.66%
- Dominican Republic3.46%
- Philippines3.45%
- 66.90%
Developed 1% · Emerging 99%
EMB Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
EMB$10,360
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 | EMB |
|---|---|
| Year to date | +0.8% |
| 1 month | −0.6% |
| 3 months | −1.5% |
| 1 year | +3.6% |
| 3 years | +9.4% |
| 5 years | +1.4% |
| 10 years | +2.5% |
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 | EMB |
|---|---|---|
| 2026 YTD | +0.8% | |
| 2025 | +13.9% | |
| 2024 | +5.5% | |
| 2023 | +10.6% | |
| 2022 | −18.6% | |
| 2021 | −2.2% | |
| 2020 | +5.4% |
EMB in the news
EMB Dividends
- 5.21%
- $4.88
- $0.41 per share
- Monthly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 1, 2026 | Sep 4, 2026 | $0.41 |
| Aug 3, 2026 | Aug 6, 2026 | $0.41 |
| Jul 1, 2026 | Jul 7, 2026 | $0.40 |
| Jun 1, 2026 | Jun 4, 2026 | $0.41 |
| May 1, 2026 | May 6, 2026 | $0.41 |
| Apr 1, 2026 | Apr 7, 2026 | $0.46 |
| Mar 2, 2026 | Mar 5, 2026 | $0.40 |
| Feb 2, 2026 | Feb 5, 2026 | $0.41 |
| Dec 19, 2025 | Dec 24, 2025 | $0.38 |
| Dec 1, 2025 | Dec 4, 2025 | $0.37 |
| Nov 3, 2025 | Nov 6, 2025 | $0.42 |
| Oct 1, 2025 | Oct 6, 2025 | $0.39 |
EMB Risk
- 7.3%
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.
- 0.60
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.
- −27.9%
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.
- 1.08
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
EMB Cost
0.39%
EMB0.39%
- The middle half of Emerging Markets Bonds (US Dollar) funds
- Median 0.40%
5 of the 17 Emerging Markets Bonds (US Dollar) funds charge less.