---
ticker: "NEMD"
name: "Neuberger Berman Emerging Markets Debt Hard Currency ETF"
url: "https://etf.net/etf/NEMD"
grade: "C"
score: 44
graded_at: "2026-10-12"
category: "Emerging Markets Bonds (US Dollar)"
category_rank: "13 of 17"
methodology: "https://etf.net/methodology"
---

# NEMD: Neuberger Berman Emerging Markets Debt Hard Currency ETF

Grade **C**, Score 44 of 100. Rank 13 of 17 in Emerging Markets Bonds (US Dollar).

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 0 | 17 of 17 |
| Mission | 97 | 7 of 15 |
| Risk | 71 | 2 of 16 |
| Tradability | 49 | 9 of 17 |
| Holdings | 6 | 17 of 17 |
| Durability | 32 | 14 of 17 |

## Top holdings

The fund holds 267 positions. These are the largest 30, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | — | Net Other Assets | 12.78% |
| 2 | — | EUR261103 | 11.60% |
| 3 | — | Us 5YR Note (Cbt) DEC26 Xcbt 20261231 | 9.39% |
| 4 | — | Us 2YR Note (Cbt) DEC26 Xcbt 20261231 | 6.45% |
| 5 | — | Ssc Government Mm Gvmxx | 2.46% |
| 6 | — | Petroleos Mexicanos Company Guar 01/50 7.69 | 2.40% |
| 7 | — | Republic of Sri Lanka Sr Unsecured Regs 02/38 Var | 2.27% |
| 8 | — | Romania Sr Unsecured Regs 02/37 7.5 | 2.18% |
| 9 | — | Arab Republic of Egypt Sr Unsecured Regs 05/50 8.875 | 1.85% |
| 10 | — | Us Long Bond(Cbt) DEC26 Xcbt 20261221 | 1.50% |
| 11 | — | Ivory Coast Sr Unsecured Regs 10/40 6.875 | 1.44% |
| 12 | — | Republic of Argentina Sr Unsecured 07/35 Var | 1.41% |
| 13 | — | Us Dollar | 1.39% |
| 14 | — | Petroleos De Venezuela’s Company Guar Regs 11/26 6 | 1.36% |
| 15 | — | Honduras Government Sr Unsecured Regs 11/34 8.625 | 1.22% |
| 16 | — | Dominican Republic Sr Unsecured Regs 03/37 6.95 | 1.21% |
| 17 | — | Republic of Argentina Sr Unsecured 07/30 Var | 1.00% |
| 18 | — | Codelco Inc Sr Unsecured Regs 01/36 6.44 | 0.99% |
| 19 | — | Oman Gov Interntl Bond Sr Unsecured Regs 01/48 6.75 | 0.96% |
| 20 | — | Republic of Guatemala Sr Unsecured Regs 06/36 6.6 | 0.96% |
| 21 | — | Republic of Ecuador Sr Unsecured Regs 07/35 Var | 0.95% |
| 22 | — | Republic of South Africa Sr Unsecured 09/49 5.75 | 0.89% |
| 23 | — | Republic of Colombia Sr Unsecured 11/38 6.5 | 0.89% |
| 24 | — | Republic of Angola Sr Unsecured Regs 03/37 9.875 | 0.86% |
| 25 | — | Republic of Indonesia Sr Unsecured 05/38 5.125 | 0.85% |
| 26 | — | Commonwealth of Bahamas Sr Unsecured Regs 06/36 8.25 | 0.81% |
| 27 | — | Lebanese Republic Sr Unsecured Regs 05/34 8.25 | 0.80% |
| 28 | — | Uzbekneftegaz Sr Unsecured Regs 05/30 8.75 | 0.77% |
| 29 | — | Republic of Sri Lanka Sr Unsecured Regs 01/30 Var | 0.75% |
| 30 | — | Costa Rica Government Bonds 144A 01/36 6.001 | 0.73% |

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