---
ticker: "EMFI"
name: "Pictet Emerging Markets Debt ETF"
url: "https://etf.net/etf/EMFI"
grade: "F"
score: 24
graded_at: "2026-10-12"
category: "Emerging Markets Bonds (US Dollar)"
category_rank: "16 of 17"
methodology: "https://etf.net/methodology"
---

# EMFI: Pictet Emerging Markets Debt ETF

Grade **F**, Score 24 of 100. Rank 16 of 17 in Emerging Markets Bonds (US Dollar).

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 28 | 11 of 17 |
| Mission | Not scored | — |
| Risk | 29 | 15 of 16 |
| Tradability | 4 | 16 of 17 |
| Holdings | 40 | 13 of 17 |
| Durability | 20 | 16 of 17 |

## Top holdings

The fund holds 99 positions. These are the largest 30, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | — | Cashusd | 3.07% |
| 2 | — | Fed Republic of 6.25% 05/22/36 | 2.61% |
| 3 | — | Republic of Ecu 8.75% 01/29/34 | 2.53% |
| 4 | — | Republic of Arge S/Up 07/09/35 | 2.43% |
| 5 | — | Uzbekneftegaz 8.75% 05/07/30 | 2.38% |
| 6 | — | Arab Republic of 8.5% 01/31/47 | 2.09% |
| 7 | — | Republic of Co 5.625% 02/26/44 | 2.09% |
| 8 | — | Republic of Co 7.375% 09/18/37 | 2.04% |
| 9 | — | Republic of Ghan S/Up 07/03/35 | 1.99% |
| 10 | — | Republic of Co 6.125% 01/18/41 | 1.78% |
| 11 | — | Republic of N 10.375% 12/09/34 | 1.67% |
| 12 | — | Republic of Sou 7.95% 11/19/54 | 1.63% |
| 13 | — | Republic of Sout 7.3% 04/20/52 | 1.63% |
| 14 | — | Islamic Rep of 7.375% 04/08/31 | 1.62% |
| 15 | USD | Usd/Eur Fwd 20261022 000000010 USD | 1.58% |
| 16 | — | Republic of An 9.244% 01/15/31 | 1.52% |
| 17 | — | Ivory Coast 8.25% 01/30/37 | 1.51% |
| 18 | — | Republic of Tu 9.375% 01/19/33 | 1.49% |
| 19 | — | Ivory Coast 8.075% 04/01/36 | 1.48% |
| 20 | — | Republic of Tur 5.25% 03/13/30 | 1.46% |
| 21 | — | Republic of Tu 9.375% 03/14/29 | 1.46% |
| 22 | — | Republic of Arge S/Up 07/09/41 | 1.43% |
| 23 | — | Sable Intl Fin 7.125% 10/15/32 | 1.40% |
| 24 | — | Republic of Sout 7.1% 11/19/36 | 1.39% |
| 25 | — | Banco Davivienda V/R 07/02/35 | 1.38% |
| 26 | — | Drc Internationa 9.5% 04/16/37 | 1.37% |
| 27 | — | Republic of Guat 6.6% 06/13/36 | 1.37% |
| 28 | — | Golomt Bank Jsc 7.95% 05/14/29 | 1.37% |
| 29 | — | Romania 5.75% 07/04/36 | 1.36% |
| 30 | — | Bolivia Governm 9.45% 05/14/31 | 1.36% |

Source: etf.net, https://etf.net/etf/EMFI. Please cite the page URL.