EMCB vs XEMD: Grades, Fees and Holdings Compared

WisdomTree Emerging Markets Corporate Bond Fund

EMCBDNasdaq

BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF

XEMDACboe

Overlap

No data

Expense ratio

XEMD −0.32pt a year

EMCB0.61%XEMD0.29%

Avg volume · 30D

XEMD 43.6×the volume

EMCB4.59KXEMD200K

3Y return · a year

XEMD +2.9pt

EMCB+7.1%XEMD+10.0%

EMCB vs XEMD Performance

Oct 31, 2025 – Nov 2, 2026

+0.6%EMCB+2.9%XEMD

Expense ratio: EMCB 0.61%; XEMD 0.29%, better
Fund size: EMCB $99M; XEMD $1.01B
1Y total return: EMCB +0.6%; XEMD +2.9%, better
Yield (12M): EMCB 5.59%; XEMD 6.39%, better
Holdings: EMCB 216; XEMD 431
Avg volume (30D): EMCB 4.59K sh; XEMD 200K sh, better
NAV per share: EMCB $64.10; XEMD $43.28
52W range

ETF.net Grade

Pillar letters and Scores for EMCB, XEMD, with each pillar’s weight
Pillar	EMCB	XEMD
Cost30% weight	F6	A81Higher
Mission25% weight	D37	A96Higher
Risk15% weight	C52	A74Higher
Tradability15% weight	D38	A88Higher
Holdings10% weight	B56	A75Higher
Durability5% weight	B63	B63

Rank among Emerging Markets Bonds (US Dollar) funds

How we build Categories ›

Same Category. EMCB and XEMD 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 ›

XEMD ranks 2nd and EMCB 14th of 17 funds in the Emerging Markets Bonds (US Dollar) Category.

Rank 1AVWOBVanguard Emerging Markets Government Bond ETFScore 86
Rank 2AXEMDBondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETFScore 83
Rank 3AEMBiShares J.P. Morgan USD Emerging Markets Bond ETFScore 77
Rank 12CTEMDTempleton Emerging Markets Debt ETFScore 46
Rank 14DEMCBWisdomTree Emerging Markets Corporate Bond FundScore 33
Rank 14DJEMBJanus Henderson Emerging Markets Debt Hard Currency ETFScore 33

Our read on each fund

ETF.net Research

EMCBDWisdomTree Emerging Markets Corporate Bond Fund

XEMDABondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF

In short

EMCB One of the original emerging-market corporate bond ETFs (2012): dollar-denominated company debt instead of government paper, picked by an active manager rather than tracked. Fee is 0.61%, above the category norm.

XEMD J.P. Morgan's flagship emerging-markets dollar-bond index with the long end trimmed off: sovereign and quasi-sovereign debt maturing inside 10 years, priced in US dollars, for 0.29% a year.

Stated mandate

EMCB The Fund seeks a high level of total return from income and capital appreciation by investing in corporate debt issued by entities domiciled in or economically tied to emerging-market countries.

XEMD The Fund seeks to track an index of U.S.-dollar-denominated emerging-market bonds with an average life below 10 years.

Why people hold it

EMCB Corporate credit, not sovereigns. Index giants like EMB and BEMB lean on government debt; EMCB's mandate is debt from companies domiciled in or tied to emerging markets.wisdomtree.com
Actively run, sub-advised by Voya, with portfolio duration kept between two and ten years. Bonds are USD-denominated, so no local-currency exchange-rate exposure.wisdomtree.com
Pays monthly, and has been trading since March 2012, through multiple emerging-market credit cycles.

XEMD Costs 0.29% a year, below the median fee among the emerging-markets funds we grade, and it pays monthly.
Tracks the 1-10 year slice of the EMBI Global Diversified family, leaving out the 20- and 30-year paper that drives the biggest rate swings.jpmorgan.com
The index caps each country at 10% and admits only bonds with at least $1 billion outstanding, so no single borrower dominates and thin issues are screened out.jpmorgan.com
Every bond is dollar-denominated, so local-currency moves stay out of returns. It grades in the top quartile of its emerging-markets peer group.

Worth knowing

EMCB At 0.61% with no waiver, it costs more than the category median and more than index peers BEMB (0.15%), EMHC (0.23%) and EMB (0.39%). Active selection is what the extra buys.
One of the smaller, more lightly traded funds in the category, which can mean wider bid/ask spreads than the category's heavyweights.
Roughly 170 bonds, mostly intermediate maturities, carrying emerging-market corporate credit and country risk. The JP Morgan CEMBI index is a yardstick here, not a target.wisdomtree.com

XEMD This is emerging-market government and quasi-government credit: default and spread risk stay on the table, even without currency risk.jpmorgan.com
Stopping near 10 years cuts rate sensitivity, but it also means no exposure to the long-dated EM bonds some allocations lean on.jpmorgan.com
Launched in 2022, moderately traded, and holding roughly 200 bonds: younger and narrower than the category's long-running giants.

Full EMCB profile⁠

Full XEMD profile⁠

EMCB vs XEMD Holdings

How EMCB and XEMD differ

No overlap figure

Two bond funds rarely hold the same issues.

Level by level

Countryby domicile42.4%
Asset classFixed Income100%

Sector

No Sector split for XEMD.

Country, concentration and asset class

Country by domicile

Country weights in EMCB and XEMD, widest gap first
Country	More in EMCBMore in XEMD	EMCB	XEMD
Cayman Islands	XEMD +44.1 points	21.0%	65.1%
United Kingdom	EMCB +7.9 points	7.9%	0.0%
Mexico	EMCB +6.6 points	10.4%	3.8%
United States	EMCB +6.2 points	6.2%	0.0%
South Korea	EMCB +5.6 points	5.6%	0.0%
Luxembourg	EMCB +4.3 points	5.0%	0.7%
Chile	EMCB +4.2 points	6.2%	2.0%
Netherlands	EMCB +3.8 points	3.8%	0.0%
Other countries (16)	EMCB +5.5 points	33.9%	28.4%

Outside the US: EMCB 26% developed, 74% emerging. XEMD 1% developed, 99% emerging.

Concentration

Weight in the 10 largest Holdings

EMCB13.4%
XEMD8.9%

Securities held

EMCB213
XEMD427

Asset class

EMCB: Fixed Income
XEMD: Fixed Income

Holdings

Two bond funds rarely hold the same issues, so this page lists no shared Holdings. EMCB holds 213 securities, XEMD 427.

All 173 EMCB holdings⁠All XEMD 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.

EMCB vs XEMD Cost

Overpaying EMCB vs XEMD

$6,046

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

EMCB 0.61%
$11,998
XEMD 0.29%
$5,952

Amount$10,000

Years30 years

Cost over time

EMCB 0.61%
XEMD 0.29%
Overpaying

Year by year

Year	EMCB	XEMD	Overpaying
10	$1,093	$527	$566
20	$4,181	$2,044	$2,137
30	$11,998	$5,952	$6,046

Expense ratio

0.61%EMCB
0.29%XEMD, cheaper

XEMD0.29%EMCB0.61%

0.15%0.85%

Middle half of Emerging Markets Bonds (US Dollar) funds
Median 0.40%

XEMD 4th cheapest of 17 funds

EMCB 16th cheapest of 17 funds

EMCB vs XEMD Dividends

Last 12 months to Nov 2, 2026

Yield (12M): EMCB 5.59%; XEMD 6.39%, better
Payout (12M): EMCB $3.57; XEMD $2.75
Last payment: EMCB $0.31; XEMD $0.21
Ex-dividend: EMCB Oct 27, 2026; XEMD Nov 2, 2026
Paid on: EMCB Oct 29, 2026; XEMD Pays Nov 5, 2026
Frequency: EMCB Monthly; XEMD Monthly

Distribution history

Per share, 2023 to 2026, same scale for both

EMCBMonthly · 46 paymentsAll EMCB payments⁠

XEMDMonthly · 47 paymentsAll XEMD payments⁠

EMCB vs XEMD Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: EMCB 4.8%, betterXEMD 5.2%
Return per unit of riskSharpe ratio, 3 years: EMCB 0.63XEMD 1.10, better
Worst fallMax drawdown, 5 years: EMCB −20.5%XEMD −10.0%since Jun 2022
Market sensitivityBeta, 5 years: EMCB 0.62XEMD 0.64; Market = 1

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