Janus Henderson Emerging Markets Debt Hard Currency ETF
$51.05+0.07 (+0.14%)
- 0.52%
- $475M
- +2.4%
- 6.56%
- 0.1M sh
- $50.81
- low $50.36high $56.39
The ETF.net JEMB Grade
D
Score 31 out of 100
- 15 of 17
Score 31 of 100 falls in the D 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.F13 out of 100Rank 15 of 17Mission
Whether the fund did what it promised, tested against its stated mandate.D37 out of 100Rank 15 of 15Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.D39 out of 100Rank 14 of 16Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.C53 out of 100Rank 8 of 17Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.D26 out of 100Rank 15 of 17Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.C50 out of 100Rank 11 of 17
Our read on JEMB
DEmerging market bonds minus the currency guessing game. JEMB holds hard-currency debt, so credit calls drive returns rather than the rand or the real. Run actively against the JP Morgan EMBI Global Core Index, with income paid monthly.
The Fund seeks long-term returns from a combination of income and capital growth.
Why people hold it
- Hard currency is the whole point: the bonds are issued in major currencies rather than local money, so local FX swings are not the main lever. Credit and rates are.janushenderson.com
- Actively managed against the JP Morgan EMBI Global Core Index, so the team can size country and issuer positions instead of inheriting index weights.janushenderson.com
- Roughly 300 bond positions spread across emerging market issuers, and the fund pays monthly.
- The stated aim is long-term return from income plus capital growth, not a headline yield target, so the mandate leaves room to manage credit risk.janushenderson.com
Worth knowing
- 0.52% a year, slightly above the middle of its emerging markets peer group. Active bond management costs more than following an index.
- Dollar-denominated debt sidesteps local currency moves, not sovereign credit or interest rate risk. Downgrades and restructurings still bite.janushenderson.com
- Launched in 2024, so the record is short. Broad EM equity trackers like VEXC and XCEM cost a fraction, but they own stocks, not bonds.
JEMB Holdings
- Bonds
- 306
- 29%
- FX Forward|USD|11/04/2026
JEMB Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
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JEMB$10,245
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 | JEMB |
|---|---|
| Year to date | −0.6% |
| 1 month | −2.3% |
| 3 months | −3.5% |
| 1 year | +2.4% |
| 3 years | — |
| 5 years | — |
| 10 years | — |
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 | JEMB |
|---|---|---|
| 2026 YTD | −0.6% | |
| 2025 | +14.7% | |
| 2024 | +1.8% |
JEMB in the news
JEMB Dividends
- 6.56%
- $3.35
- $0.27 per share
- Monthly
Distribution history
JEMB Risk
- 6.2%
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.
- 0.41
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.
- −5.4%
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.
- 0.35
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
JEMB Cost
0.52%
JEMB0.52%
- The middle half of Emerging Markets Bonds (US Dollar) funds
- Median 0.40%
14 of the 17 Emerging Markets Bonds (US Dollar) funds charge less.
Other funds in Emerging Markets Bonds (US Dollar)
- CBREMiShares Emerging Markets Bond Active ETFExpense ratio 0.50%1 year return —
- CTEMDTempleton Emerging Markets Debt ETFExpense ratio 0.45%1 year return —
- CNEMDNeuberger Berman Emerging Markets Debt Hard Currency ETFExpense ratio 0.85%1 year return +5.6%
- DEMCBWisdomTree Emerging Markets Corporate Bond FundExpense ratio 0.60%1 year return +1.2%
- FEMFIPictet Emerging Markets Debt ETFExpense ratio 0.50%1 year return —