---
ticker: "EMLC"
name: "VanEck J.P. Morgan EM Local Currency Bond ETF"
url: "https://etf.net/etf/EMLC"
grade: "A"
score: 78
graded_at: "2026-10-12"
category: "Emerging Markets Bonds (Local Currency)"
category_rank: "1 of 7"
methodology: "https://etf.net/methodology"
---

# EMLC: VanEck J.P. Morgan EM Local Currency Bond ETF

Grade **A**, Score 78 of 100. Rank 1 of 7 in Emerging Markets Bonds (Local Currency).

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 80 | 1 of 7 |
| Mission | 100 | 1 of 7 |
| Risk | 37 | 5 of 7 |
| Tradability | 79 | 1 of 7 |
| Holdings | 89 | 1 of 7 |
| Durability | 73 | 2 of 7 |

## Top holdings

The fund holds 531 positions. These are the largest 30, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | — | Brazil Notas Do Tesouro Nacional Serie | 1.23% |
| 2 | — | Brazil Letras Do Tesouro Nacional | 0.85% |
| 3 | — | Republic Of South Africa Government Bon | 0.76% |
| 4 | — | Mexican Bonos | 0.73% |
| 5 | — | Brazil Letras Do Tesouro Nacional | 0.72% |
| 6 | — | Mexican Bonos | 0.72% |
| 7 | — | Mexican Bonos | 0.70% |
| 8 | — | Brazil Notas Do Tesouro Nacional Serie | 0.67% |
| 9 | — | Mexican Bonos | 0.64% |
| 10 | — | Republic Of South Africa Government Bon | 0.63% |
| 11 | — | Brazil Letras Do Tesouro Nacional | 0.63% |
| 12 | — | Republic Of South Africa Government Bon | 0.63% |
| 13 | — | Colombian Tes | 0.59% |
| 14 | — | Republic Of South Africa Government Bon | 0.59% |
| 15 | — | Republic Of South Africa Government Bon | 0.57% |
| 16 | — | Mexican Bonos | 0.56% |
| 17 | — | Republic Of South Africa Government Bon | 0.55% |
| 18 | — | Brazil Letras Do Tesouro Nacional | 0.55% |
| 19 | — | Republic Of Poland Government Bond | 0.54% |
| 20 | — | Colombian Tes | 0.53% |
| 21 | — | Turkiye Government Bond | 0.53% |
| 22 | — | Bonos De La Tesoreria De La Republica E | 0.53% |
| 23 | — | Republic Of South Africa Government Bon | 0.51% |
| 24 | — | Republic Of Poland Government Bond | 0.51% |
| 25 | — | Brazil Letras Do Tesouro Nacional | 0.51% |
| 26 | — | Peru Government Bond | 0.51% |
| 27 | — | Brazil Notas Do Tesouro Nacional Serie | 0.50% |
| 28 | — | Republic Of Poland Government Bond | 0.50% |
| 29 | — | Mexican Bonos | 0.50% |
| 30 | — | Peru Government Bond | 0.49% |

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