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Launched · SEC filings

Pictet Emerging Markets Debt ETF

EMFINYSE ArcaPictetD

$47.89+0.19 (+0.41%) past 5 days

As of Nov 2, 2026, 10:00 AM ET

D24/ 100

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

D24/100Rank 16 of 17inEmerging Markets Bonds (US Dollar)
5D price: up, 5 points from 47.70 to 47.89. Range 47.75 to 48.14. Use the arrow keys to read each point.47.7047.8048.0048.10
Market opens at 9:30 AM ET.
Expense ratio
0.50%
Fund size
$17M
1Y total return
No data
Yield · Last 12 months
No data
Holdings
97
Avg volume · 30D
568 sh
52W range
low $47.41high $51.12
Launched
Filings
SEC EDGAR

The ETF.net EMFI Grade

Based on 5 of 6 pillars

D

Score 24 out of 100

Category
Emerging Markets Bonds (US Dollar)⁠
Rank
16 of 17
Six-pillar profile for EMFI. Scores out of 100: Cost 28, Risk 29, Mission not scored, Tradability 4, Holdings 43, Durability 20. Strongest: Holdings (43). Weakest: Tradability (4). Based on 5 of 6 pillars.

Score 24 of 100 falls in the F band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25. The letter stays D for now. A new letter must hold for 3 published runs before it replaces it.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    D28 out of 100
    Rank 11 of 17

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    Not scored

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    D29 out of 100
    Rank 15 of 16

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    F4 out of 100
    Rank 16 of 17

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    C43 out of 100
    Rank 13 of 17

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    F20 out of 100
    Rank 16 of 17

Our read on EMFI

ETF.net Research

In short

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

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

Worth knowing

  • Thinly 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.
  • Launched in 2026, so there is little live history to judge the approach against longer-running rivals.
  • Not 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

Holdings pillarC43 out of 100Rank 13 of 17 in Emerging Markets Bonds (US Dollar)
Asset class
Bonds
Holdings
97
Top-10 weight
19%
Largest holding
Republic of Ecu 8.75% 01/29/342.3%

Geography

  • Mexico7.91%
  • Colombia6.82%
  • Indonesia4.31%
  • Argentina4.23%
  • Egypt4.17%
  • South Africa4.13%
  • Turkey4.08%
  • Ecuador3.91%
  • Other countries (32)60.43%

Developed 1% · Emerging 99% of the foreign sleeve

The fund’s holdings, weight-ordered — page 1 of 7.
#TickerCompanyWeight %SharesMarket valueHeld by ETFs
1No dataRepublic of Ecu 8.75% 01/29/342.27%400,000$377K1
2No dataUzbekneftegaz 8.75% 05/07/302.17%330,000$361K1
3No dataRepublic of Arge S/Up 07/09/352.05%503,150$341K11
4No dataCashusd1.95%324,622$325K53
5No dataRepublic of Co 5.625% 02/26/441.95%400,000$324K4
6USDUsd/Eur Fwd 20261222 000000010 USD1.89%315,298$315K61
7No dataArab Republic of 8.5% 01/31/471.86%348,000$310K1
8No dataRepublic of Co 7.375% 09/18/371.86%309,000$310K3
9No dataRepublic of Ghan S/Up 07/03/351.81%330,257$301K1
10No dataRepublic of Co 6.125% 01/18/411.64%308,000$274K3
11No dataRepublic of Sou 7.95% 11/19/541.54%240,000$256K1
12No dataRepublic of N 10.375% 12/09/341.53%213,000$255K1
13No dataRepublic of Sout 7.3% 04/20/521.48%255,000$247K9
14No dataIslamic Rep of 7.375% 04/08/311.45%250,000$242K1
15No dataRepublic of An 9.244% 01/15/311.38%218,000$230K1

Showing 1–15 of 97 holdings

EMFI Performance

Launched Apr 22, 2026

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

Not enough history yet.Not enough history yet.Not enough history yet.Not enough history yet.Not enough history yet.
EMFI$9,790
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$10,141
Jul 31, 2026 to Oct 30, 2026. EMFI $9,790. SPY $10,141. Use the arrow keys to read each point.$9,750$10,000$10,250$10,500Jul 2026Sep 2026Oct 2026

Jul 31, 2026 – Oct 30, 2026

Returns run to the Oct 30, 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 yearNo data
1 month+1.0%
3 months−2.1%
1 yearFund is under 1 year oldNo data
3 yearsFund is under 3 years oldper yearNo data
5 yearsFund is under 5 years oldper yearNo data
10 yearsFund is under 10 years oldper yearNo data

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−1.1%

History from Apr 23, 2026

EMFI in the news

EMFI Dividends

Last payment
$0.21 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. 6 payments in 2026 YTD. May 26, 2026 $0.23; Jun 25, 2026 $0.22; Jul 28, 2026 $0.32; Aug 26, 2026 $0.27; Sep 25, 2026 $0.31; Oct 27, 2026 $0.21. Use the arrow keys to read each point.2026YTD
Ex-datePay dateAmount per share
Oct 27, 2026Oct 30, 2026$0.21
Sep 25, 2026Sep 30, 2026$0.31
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

Risk pillarD29 out of 100Rank 15 of 16 in Emerging Markets Bonds (US Dollar)
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.

FMP measures it over up to five years of monthly returns.

EMFI Cost

Compare EMFI and VWOB

Overpaying vs VWOB, tied cheapest in Emerging Markets Bonds (US Dollar)

$6,842

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • EMFI 0.50%

    $9,979

  • VWOB 0.15% Tied cheapest

    $3,137

$10,000
30 years

Cost over time

  • EMFI 0.50%
  • VWOB 0.15%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K$8K$10K051015202530EMFI $9,979VWOB $3,137

Year by year

YearEMFIVWOBOverpaying
10$900$274$626
20$3,460$1,071$2,389
30$9,979$3,137$6,842

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