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EMFI

GradeDNew York Stock Exchange Arca

Pictet Emerging Markets Debt ETF

Specialty Bonds · Pictet · Inception 2026-04-22 · SEC filings

$49.69+0.00 (+0.00%)

As of Sep 23, 2026, 9:46 AM EDT

Market opens at 9:30 AM ET.History starts Apr 23, 2026.History starts Apr 23, 2026.History starts Apr 23, 2026.
Intraday session: up, 11 prints from 49.15 to 49.69. Range 49.15 to 49.70. Use the arrow keys to read each point.$49.20$49.40$49.60Sep 16Sep 18Sep 21Sep 22Sep 23
Expense ratio
0.50%
Fund size
$17M
1Y return
—
Yield · Last 12 months
Data unavailable
Holdings
96
Volume · 30D
0M sh
NAV per share
$49.21
52W range
low $48.92high $51.12

The ETF.net EMFI Grade

D

30/ 100

Rank 16 of 17 in Emerging Markets Bonds (US Dollar)⁠

Confidence Medium

Six-pillar profile for EMFI. Scores out of 100: Cost 28, Risk 57, Mission not scored, Tradability 4, Holdings 46, Durability 20. Strongest: Risk (57). Weakest: Tradability (4). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 30 of 100 sits in the D 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 28
    Category rank13/17 · bottom quartile

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    Not scored
    —

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    BScore 57
    Category rank4/16 · top 25%

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    FScore 4
    Category rank16/17 · bottom quartile

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    CScore 46
    Category rank13/17 · bottom quartile

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    FScore 20
    Category rank16/17 · bottom quartile

Graded as of Sep 22, 2026 · Based on 5 of 6 pillars

Our read on EMFI

ETF.net Research

DPictet's US entry into emerging market debt: a 2026 arrival in a category with only a handful of US-listed choices, priced at the cohort's median 0.50% with a mandate for income plus growth. Still small and building its base.

Stated mandate

The Fund seeks to increase investment value through income and investment growth.

Why people hold it

  1. 01Charges 0.50% a year, the median for its emerging market debt cohort: level with PCY and well under NEMD's 0.85%.
  2. 02The mandate is plain English: income and investment growth from emerging market debt, with cash paid out on a quarterly schedule.
  3. 03Built as a standard 1940 Act regulated fund, the mainstream ETF wrapper, not a commodity trust or partnership structure.

Worth knowing

  1. 01Thinly traded on a small asset base, so bid-ask spreads and gaps between market price and net asset value can run wider than at the category's bigger names.
  2. 02Launched in 2026, so there is little live history to judge the approach against longer-running rivals.
  3. 03Not the cheap seat: JPMB and EMBD each run at 0.39%, and on cost, scale and trading EMFI sits behind the established names in this five-fund group.

EMFI Holdings

As of Sep 20, 2026, 8:53 AM
Asset class
Bonds
Holdings
96
Top-10 weight
22%
Largest holding
CASHUSD3.5%
The fund’s holdings, weight-ordered — page 1 of 7.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—CASHUSD3.48%598,262$598K49
002—REPUBLIC OF N 10.375% 12/09/342.90%413,000$498K1
003—REPUBLIC OF ECU 8.75% 01/29/342.30%400,000$395K1
004—REPUBLIC OF ARGE S/UP 07/09/352.20%503,150$378K10
005—UZBEKNEFTEGAZ 8.75% 05/07/302.10%330,000$360K1
006—ARAB REPUBLIC OF 8.5% 01/31/471.94%348,000$333K1
007—REPUBLIC OF CO 7.375% 09/18/371.81%309,000$310K3
008—REPUBLIC OF GHAN S/UP 07/03/351.79%330,257$308K1
009—UKRAINE GOVERNME S/UP 02/01/351.75%451,748$301K1
010—REPUBLIC OF GUA 7.05% 10/04/321.52%242,000$262K1
011—ISLAMIC REP OF 7.375% 04/08/311.48%250,000$254K1
012—REPUBLIC OF SOU 7.95% 11/19/541.48%240,000$254K1
013—REPUBLIC OF SOUT 7.3% 04/20/521.48%255,000$253K9
014—REPUBLIC OF GUA 6.55% 02/06/371.45%240,000$248K1
015—REPUBLIC OF AN 9.875% 03/31/371.39%221,000$239K1

Showing 1–15 of 98 holdings

EMFI Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

EMFI$9,930
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$10,415
Jun 22, 2026 to Sep 22, 2026. EMFI $9,930. SPY $10,415. Use the arrow keys to read each point.$9,720$10,112$10,504Jun 2026Aug 2026Sep 2026

Jun 22, 2026 – Sep 22, 2026

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.

Trailing total return for EMFI. Periods over one year show the average yearly return.
PeriodEMFI
Year to dateFund launched this year—
1 month−0.0%
3 months−0.7%
1 yearFund is under 1 year old—
3 yearsFund is under 3 years old—per year
5 yearsFund is under 5 years old—per year
10 yearsFund is under 10 years old—per year

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for EMFI
YearReturn barEMFI
2026 YTD+1.5%

History from Apr 23, 2026

EMFI in the news

EMFI Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 22, 2026.
Data unavailableLast 12 months
Payout per share
Data unavailableLast 12 months
Last payment
$0.27 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Monthly

Distribution data unavailable.

Distribution history

2026

One bar per payment. 4 payments in 2026 YTD. May 26, 2026 $0.23; Jun 25, 2026 $0.22; Jul 28, 2026 $0.32; Aug 26, 2026 $0.27. Use the arrow keys to read each point.2026YTD
Ex-datePay dateAmount per share
Aug 26, 2026Aug 31, 2026$0.27
Jul 28, 2026Jul 31, 2026$0.32
Jun 25, 2026Jun 30, 2026$0.22
May 26, 2026May 29, 2026$0.23

EMFI Risk

How much the fund’s monthly returns vary, scaled to a year.
—
Launched Apr 2026; fills in after 12 months
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.

Return above 3-month US Treasury bills per unit of volatility.
—
Launched Apr 2026; fills in after 12 months
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.

The largest fall from a peak to the low that followed.
—
Launched Apr 2026; fills in after 12 months
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.

How strongly the fund’s returns move with its asset-class index.
0.29
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

EMFI Cost

Expense ratio0.50%
  • 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.

EMFI costs $50.00 a year on $10,000. The median Emerging Markets Bonds (US Dollar) fund costs $40.00.