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EMB vs EMFI

iShares J.P. Morgan USD Emerging Markets Bond ETF

EMBANasdaq

Pictet Emerging Markets Debt ETF

EMFIDNYSE Arca

Overlap

No data

Expense ratio

EMB −0.11pt a year

EMB0.39%EMFI0.50%

Avg volume · 30D

EMB 12101.8×the volume

EMB6.87MEMFI568

EMB vs EMFI Performance

Jul 31, 2026 – Oct 30, 2026

−1.4%EMB−2.1%EMFI

Jul 31, 2026 to Oct 30, 2026. EMB −1.4%. EMFI −2.1%. Use the arrow keys to read each point.−3%0%1%Jul 2026Sep 2026Oct 2026
Expense ratio
EMB 0.39%, better
EMFI 0.50%
Fund size
EMB $13.6B
EMFI $17M
1Y total return
EMB +0.3%
EMFI No data
Yield (12M)
EMB 5.36%
EMFI No data
Holdings
EMB 621
EMFI 97
Avg volume (30D)
EMB 6.87M sh, better
EMFI 568 sh
NAV per share
EMB $91.92
EMFI $47.56
52W range

ETF.net Grade

EMB: Cost 59, Risk 46, Mission 100, Tradability 91, Holdings 85, Durability 94. EMFI: Cost 28, Risk 29, Mission not scored, Tradability 4, Holdings 43, Durability 20.
Pillar letters and Scores for EMB, EMFI, with each pillar’s weight
PillarEMBEMFI
Cost30% weightB59HigherD28
Mission25% weightA100Not scored
Risk15% weightC46HigherD29
Tradability15% weightA91HigherF4
Holdings10% weightA85HigherC43
Durability5% weightA94HigherF20

Rank among Emerging Markets Bonds (US Dollar) funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. EMB and EMFI are both graded against the same 17 Emerging Markets Bonds (US Dollar) funds, so their Grades compare head to head.

Emerging Markets Bonds (US Dollar)⁠

Category · 17 funds
See all 17 ›

EMB ranks 3rd and EMFI 16th of 17 funds in the Emerging Markets Bonds (US Dollar) Category.

  1. Rank 1AVWOBVanguard Emerging Markets Government Bond ETFScore 85
  2. Rank 2AXEMDBondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETFScore 83
  3. Rank 3AEMBiShares J.P. Morgan USD Emerging Markets Bond ETFScore 76
  4. Rank 3AEMHCState Street SPDR Bloomberg Emerging Markets USD Bond ETFScore 76
  5. Rank 14DJEMBJanus Henderson Emerging Markets Debt Hard Currency ETFScore 33
  6. Rank 16DEMFIPictet Emerging Markets Debt ETFScore 24
  7. BEMDNot yet graded

Our read on each fund

ETF.net Research

EMBAiShares J.P. Morgan USD Emerging Markets Bond ETF

EMFIDPictet Emerging Markets Debt ETF

In short

EMB Emerging markets without the currency guesswork: EMB owns dollar-denominated EM debt, tracking J.P. Morgan's index since 2007. Roughly 600 bonds, income paid monthly.

EMFI Pictet's US entry into emerging market debt: a 2026 arrival in a category with only a handful of US-listed choices, priced at the cohort's median 0.50% with a mandate for income plus growth. Still small and building its base.

Stated mandate

EMB The fund seeks to follow an index made up of U.S.-dollar-denominated bonds issued in emerging markets.

EMFI The Fund seeks to increase investment value through income and investment growth.

Why people hold it

  • EMB Dollar-denominated by mandate. The bonds are issued in USD, so local currency moves don't pass straight through to what the fund collects.ishares.com
  • About 600 bonds across emerging market borrowers, one of the broadest baskets in its peer group.
  • A multi-billion-dollar fund running since 2007 and one of the most actively traded ways to get this exposure, which tends to show up as tighter spreads at retail size.
  • Distributions land monthly rather than quarterly.
  • EMFI Charges 0.50% a year, the median for its emerging market debt cohort: level with PCY and well under NEMD's 0.85%.
  • The mandate is plain English: income and investment growth from emerging market debt, with cash paid out on a quarterly schedule.
  • Built as a standard 1940 Act regulated fund, the mainstream ETF wrapper, not a commodity trust or partnership structure.

Worth knowing

  • EMB Costs 0.39% a year, above its cohort's 0.19% median and well above plain EM stock index funds like VWO and SCHE at 0.06%.
  • It's a bond fund sitting in a mostly-stock peer group. What drives it is emerging market credit and interest rates, not company earnings.
  • The USD-only screen skips local-currency emerging market government debt, so that slice of the market, and its currency swings, is left out.ishares.com
  • EMFI Thinly traded on a small asset base, so bid-ask spreads and gaps between market price and net asset value can run wider than at the category's bigger names.
  • Launched in 2026, so there is little live history to judge the approach against longer-running rivals.
  • Not the cheap seat: JPMB and EMBD each run at 0.39%, and on cost, scale and trading EMFI sits behind the established names in this five-fund group.

Full EMB profile⁠

Full EMFI profile⁠

EMB vs EMFI Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

EMB vs EMFI Cost

Overpaying EMFI vs EMB

$2,081

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • EMB 0.39%

    $7,898

  • EMFI 0.50%

    $9,979

$10,000
30 years

Cost over time

  • EMB 0.39%
  • EMFI 0.50%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K$8K$10K051015202530EMFI $9,979EMB $7,898

Year by year

YearEMBEMFIOverpaying
10$705$900$195
20$2,725$3,460$735
30$7,898$9,979$2,081

Expense ratio

  • 0.39%EMB, cheaper
  • 0.50%EMFI
  • Middle half of Emerging Markets Bonds (US Dollar) funds
  • Median 0.40%

EMB 6th cheapest of 17 funds

EMFI 11th cheapest of 17 funds

EMB vs EMFI Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
EMB 5.36%
EMFI No data
Payout (12M)
EMB $4.93
EMFI No data
Last payment
EMB $0.44
EMFI $0.21
Ex-dividend
EMB Oct 1, 2026
EMFI Oct 27, 2026
Paid on
EMB Oct 6, 2026
EMFI Oct 30, 2026
Frequency
EMB Monthly
EMFI Monthly

Distribution history

Per share, 2023 to 2026, same scale for both

EMBMonthly · 46 paymentsAll EMB payments⁠
One bar per payment. 46 payments from 2023 to 2026 YTD. Feb 1, 2023 $0.31; Mar 1, 2023 $0.38; Apr 3, 2023 $0.36; May 1, 2023 $0.35; Jun 1, 2023 $0.35; Jul 3, 2023 $0.35; Aug 1, 2023 $0.35; Sep 1, 2023 $0.36; Oct 2, 2023 $0.35; Nov 1, 2023 $0.36; Dec 1, 2023 $0.33; Dec 14, 2023 $0.36; Feb 1, 2024 $0.37; Mar 1, 2024 $0.39; Apr 1, 2024 $0.37; May 1, 2024 $0.36; Jun 3, 2024 $0.36; Jul 1, 2024 $0.38; Aug 1, 2024 $0.39; Sep 3, 2024 $0.37; Oct 1, 2024 $0.39; Nov 1, 2024 $0.42; Dec 2, 2024 $0.39; Dec 18, 2024 $0.43; Dec 30, 2024 $0.25; Feb 3, 2025 $0.44; Mar 3, 2025 $0.39; Apr 1, 2025 $0.40; May 1, 2025 $0.40; Jun 2, 2025 $0.41; Jul 1, 2025 $0.38; Aug 1, 2025 $0.41; Sep 2, 2025 $0.40; Oct 1, 2025 $0.39; Nov 3, 2025 $0.42; Dec 1, 2025 $0.37; Dec 19, 2025 $0.38; Feb 2, 2026 $0.41; Mar 2, 2026 $0.40; Apr 1, 2026 $0.46; May 1, 2026 $0.41; Jun 1, 2026 $0.41; Jul 1, 2026 $0.40; Aug 3, 2026 $0.41; Sep 1, 2026 $0.41; Oct 1, 2026 $0.44. Use the arrow keys to read each point.$0$0.5020232026YTD
EMFIMonthly · 6 paymentsAll EMFI payments⁠
One bar per payment. 6 payments from 2023 to 2026 YTD. May 26, 2026 $0.23; Jun 25, 2026 $0.22; Jul 28, 2026 $0.32; Aug 26, 2026 $0.27; Sep 25, 2026 $0.31; Oct 27, 2026 $0.21. Use the arrow keys to read each point.$0$0.5020232026YTD

EMB vs EMFI Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
EMB 7.3%EMFI No data
Return per unit of riskSharpe ratio, 3 years
EMB 0.73EMFI No data
Worst fallMax drawdown, 5 years
EMB −27.5%EMFI No data
Market sensitivityBeta, 5 years
EMB 1.08EMFI 0.29

EMB and EMFI in the news

All news⁠

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