---
ticker: "JEMB"
name: "Janus Henderson Emerging Markets Debt Hard Currency ETF"
url: "https://etf.net/etf/JEMB"
grade: "D"
score: 31
graded_at: "2026-10-12"
category: "Emerging Markets Bonds (US Dollar)"
category_rank: "15 of 17"
methodology: "https://etf.net/methodology"
---

# JEMB: Janus Henderson Emerging Markets Debt Hard Currency ETF

Grade **D**, Score 31 of 100. Rank 15 of 17 in Emerging Markets Bonds (US Dollar).

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 13 | 15 of 17 |
| Mission | 37 | 15 of 15 |
| Risk | 39 | 14 of 16 |
| Tradability | 53 | 8 of 17 |
| Holdings | 26 | 15 of 17 |
| Durability | 50 | 11 of 17 |

## Top holdings

The fund holds 306 positions. These are the largest 30, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | — | FX Forward\|USD\|11/04/2026 | 12.42% |
| 2 | — | Us Dollars | 5.71% |
| 3 | — | Petroleos Mexicanos 6.7% 16-FEB-2032, 6.70%, 02/16/32 | 2.20% |
| 4 | — | Government of Sri Lanka 3.35% 15-MAR-2033, 3.35%, 03/15/33 | 1.49% |
| 5 | — | Eagle Funding LuxCo S.a r.l. 5.5% 17-AUG-2030, 5.50%, 08/17/30 | 1.47% |
| 6 | — | Avenir Issuer IV (Ireland) Designated Activity Company 10.75% 07-FEB-2029, 10.75%, 02/05/29 | 1.34% |
| 7 | — | Bapco Energies B.S.C. Closed 8.375% 07-NOV-2028, 8.38%, 11/07/28 | 1.14% |
| 8 | — | Government of Ukraine 4.0% 01-FEB-2032, 4.00%, 02/01/32 | 1.13% |
| 9 | — | Eskom Holdings SOC Ltd 8.45% 10-AUG-2028, 8.45%, 08/10/28 | 1.08% |
| 10 | — | Sonangol Finance Ltd. 10.0% 29-JAN-2031, 10.00%, 01/29/31 | 1.08% |
| 11 | — | Argentine Republic (0.125 % - 4.875 %) Bonds 2020-09.07.41 Step Up, 3.50%, 07/09/41 | 1.06% |
| 12 | — | Government of Ecuador 5.5% 31-JUL-2040, 5.50%, 07/31/40 | 1.02% |
| 13 | — | State Bank JSC 8.9% 25-SEP-2028, 8.90%, 09/25/28 | 1.01% |
| 14 | — | Government of Colombia 5.625% 19-FEB-2036, 5.62%, 02/19/36 | 0.99% |
| 15 | — | Government of Ghana 5.0% 03-JUL-2035, 5.00%, 07/03/35 | 0.99% |
| 16 | — | Avenir Issuer V (Ireland) Dedignated Activity Company 10.75% 03-JUL-2029, 10.75%, 06/29/29 | 0.95% |
| 17 | — | Government of the Dominican Republic 6.6% 01-JUN-2036, 6.60%, 06/01/36 | 0.84% |
| 18 | — | African Export-Import Bank 7.125% 23-JUL-2036, 7.12%, 07/23/36 | 0.83% |
| 19 | — | Bulgarian Energy Holding EAD 4.25% 19-JUN-2030, 4.25%, 06/19/30 | 0.81% |
| 20 | — | Segregated Cash | 0.80% |
| 21 | — | Government of Panama 5.662% 23-FEB-2038, 5.66%, 02/23/38 | 0.78% |
| 22 | — | Government of Ghana 5.0% 03-JUL-2029, 5.00%, 07/03/29 | 0.76% |
| 23 | — | Argentine Republic Bonds 2020-09.07.35 Step Up, 4.12%, 07/09/35 | 0.76% |
| 24 | — | Government of South Africa 7.25% 11-DEC-2055, 7.25%, 12/11/55 | 0.73% |
| 25 | — | Government of Georgia 5.125% 28-JAN-2031, 5.12%, 01/28/31 | 0.71% |
| 26 | — | Government of Romania 5.75% 24-MAR-2035, 5.75%, 03/24/35 | 0.68% |
| 27 | — | Transnet SOC Ltd 8.25% 06-FEB-2028, 8.25%, 02/06/28 | 0.65% |
| 28 | — | Development bank of Mongolia 6.9% 02-JUL-2031, 6.90%, 07/02/31 | 0.64% |
| 29 | — | Province of San Juan 9.55% 01-OCT-2035, 9.55%, 10/01/35 | 0.61% |
| 30 | — | Government of Uruguay 5.442% 14-FEB-2037, 5.44%, 02/14/37 | 0.61% |

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