iShares J.P. Morgan EM High Yield Bond ETF
$38.75+0.06 (+0.14%)
- 0.50%
- $575M
- +5.4%
- 6.82%
- 0.1M sh
- $38.62
- low $38.25high $40.99
The ETF.net EMHY Grade
B
Score 61 out of 100
- 6 of 13
Score 61 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.D34 out of 100Rank 8 of 13Mission
Whether the fund did what it promised, tested against its stated mandate.A88 out of 100Rank 2 of 11Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C47 out of 100Rank 7 of 13Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.A77 out of 100Rank 4 of 13Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.B67 out of 100Rank 7 of 13Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A82 out of 100Rank 2 of 13
Our read on EMHY
BMost high-yield ETFs buy American junk bonds. EMHY crosses borders instead: dollar-denominated high yield from emerging-market governments and companies, in one index-tracking, monthly-paying wrapper iShares has run since 2012.
The fund seeks to track an index of U.S.-dollar-denominated high-yield bonds issued by emerging-market sovereigns and corporations, providing exposure to emerging-market debt.
Why people hold it
- Two credit worlds in one ticker. The index blends EM sovereign and corporate high yield, spread across roughly 700 bonds, so no single government or borrower drives the fund.ishares.com
- Everything inside is priced in US dollars. You take emerging-market credit risk without layering on the currency swings of local-currency debt.ishares.com
- Running since 2012 and paying monthly, it has carried this mandate through multiple emerging-market stress cycles rather than launching into a fashionable one.
Worth knowing
- Specialist exposure carries a specialist price: 0.50% a year, against 0.03% for SCYB and 0.05% for SPHY on plain US high-yield beta. Different job, different bill.
- Junk credit risk plus country risk. EM sovereign and corporate bonds bring politics, reserves and restructuring into a portfolio already sitting below investment grade.
- A mid-size fund with moderate volume, not one of the category's traffic leaders. Bid-ask spreads on EM bonds tend to widen exactly when credit markets get noisy.
EMHY Holdings
- Bonds
- 676
- 7%
- ECUADOR REPUBLIC OF (GOVERNMENT) RegS 6.90% 07/31/2035
Geography
- Cayman Islands6.70%
- Turkey6.12%
- United Kingdom4.99%
- Mexico4.23%
- Argentina4.13%
- Colombia3.92%
- Dominican Republic3.58%
- Egypt3.35%
- 62.98%
Developed 14% · Emerging 86%
EMHY Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
EMHY$10,540
Returns run to the Oct 12, 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 | EMHY |
|---|---|
| Year to date | +0.7% |
| 1 month | −2.0% |
| 3 months | −2.8% |
| 1 year | +5.4% |
| 3 years | +12.3% |
| 5 years | +4.5% |
| 10 years | +3.8% |
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 | EMHY |
|---|---|---|
| 2026 YTD | +0.7% | |
| 2025 | +13.7% | |
| 2024 | +12.0% | |
| 2023 | +11.4% | |
| 2022 | −13.0% | |
| 2021 | −1.9% | |
| 2020 | +3.8% |
EMHY in the news
EMHY Dividends
- 6.82%
- $2.64
- $0.23 per share
- Monthly
Distribution history
EMHY Risk
- 6.4%
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.
- 1.08
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.
- −23.5%
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.
- 0.76
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
EMHY Cost
0.50%
EMHY0.50%
- The middle half of International High Yield Bond funds
- Median 0.46%
8 of the 13 International High Yield Bond funds charge less.
Other funds in International High Yield Bond
- BGHYGiShares US & Intl High Yield Corp Bond ETFExpense ratio 0.40%1 year return +1.1%
- BPGHYInvesco Global ex-US High Yield Corporate Bond ETFExpense ratio 0.35%1 year return +3.3%
- BIHYVanEck International High Yield Bond ETFExpense ratio 0.40%1 year return +1.0%
- CNJNKColumbia U.S. High Yield ETFExpense ratio 0.46%1 year return +2.9%
- CFHYSFederated Hermes Short Duration High Yield ETFExpense ratio 0.61%1 year return +3.9%