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EMFI vs VWOB

Pictet Emerging Markets Debt ETF

EMFIDNYSE Arca

Vanguard Emerging Markets Government Bond ETF

VWOBANasdaq

Overlap

No data

Expense ratio

VWOB −0.35pt a year

EMFI0.50%VWOB0.15%

Avg volume · 30D

VWOB 1009.5×the volume

EMFI568VWOB573K

EMFI vs VWOB Performance

Jul 31, 2026 – Oct 30, 2026

−2.1%EMFI−1.3%VWOB

Jul 31, 2026 to Oct 30, 2026. EMFI −2.1%. VWOB −1.3%. Use the arrow keys to read each point.−3%0%1%Jul 2026Sep 2026Oct 2026
Expense ratio
EMFI 0.50%
VWOB 0.15%, better
Fund size
EMFI $17M
VWOB $6.6B
1Y total return
EMFI No data
VWOB −0.3%
Yield (12M)
EMFI No data
VWOB 6.07%
Holdings
EMFI 97
VWOB 941
Avg volume (30D)
EMFI 568 sh
VWOB 573K sh, better
NAV per share
EMFI $47.56
VWOB $63.97
52W range

ETF.net Grade

EMFI: Cost 28, Risk 29, Mission not scored, Tradability 4, Holdings 43, Durability 20. VWOB: Cost 97, Risk 46, Mission 100, Tradability 81, Holdings 82, Durability 95.
Pillar letters and Scores for EMFI, VWOB, with each pillar’s weight
PillarEMFIVWOB
Cost30% weightD28A97Higher
Mission25% weightNot scoredA100
Risk15% weightD29C46Higher
Tradability15% weightF4A81Higher
Holdings10% weightC43A82Higher
Durability5% weightF20A95Higher

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. EMFI and VWOB 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 ›

VWOB ranks 1st 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 14DJEMBJanus Henderson Emerging Markets Debt Hard Currency ETFScore 33
  4. Rank 16DEMFIPictet Emerging Markets Debt ETFScore 24
  5. BEMDNot yet graded

Our read on each fund

ETF.net Research

EMFIDPictet Emerging Markets Debt ETF

VWOBAVanguard Emerging Markets Government Bond ETF

In short

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.

VWOB Emerging-market government debt, Vanguard-style: about 200 dollar bonds from sovereigns and state-backed borrowers, indexed and capped so no one issuer dominates, for 0.15% a year. Income lands monthly.

Stated mandate

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

VWOB The Fund seeks to track an index of U.S. dollar-denominated bonds issued by governments and government-related issuers in emerging-market countries.

Why people hold it

  • 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.
  • VWOB 0.15% a year, versus 0.39% on the category's flagship, EMB. In emerging-market debt, where fees run rich, that gap is the whole pitch.ishares.com
  • Dollar-denominated only. Local-law bonds are excluded, so a slide in the peso or the lira doesn't hit these prices directly. Credit risk, not currency risk.bbhub.io
  • About 200 bonds spread across sovereign and government-related issuers, with index caps that keep any one borrower from swallowing the fund.bbhub.io
  • A multi-billion-dollar fund that trades actively, with monthly distributions.

Worth knowing

  • 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.
  • VWOB Cheap for emerging-market debt, rich next to the plain Treasury funds it sits beside: VGIT and VCSH charge 0.03%.
  • The risk is sovereign credit. Downgrades, defaults and restructurings are live possibilities here in a way they aren't with US Treasuries.vanguard.com
  • Vanguard samples the index rather than buying every bond, so day-to-day results can drift from the benchmark more than in a Treasury fund.vanguard.com

Full EMFI profile⁠

Full VWOB profile⁠

EMFI vs VWOB 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.

EMFI vs VWOB Cost

Overpaying EMFI vs VWOB

$6,842

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

  • EMFI 0.50%

    $9,979

  • VWOB 0.15%

    $3,137

$10,000
30 years

Cost over time

  • EMFI 0.50%
  • VWOB 0.15%
  • 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 $9,979VWOB $3,137

Year by year

YearEMFIVWOBOverpaying
10$900$274$626
20$3,460$1,071$2,389
30$9,979$3,137$6,842

Expense ratio

  • 0.50%EMFI
  • 0.15%VWOB, cheaper
  • Middle half of Emerging Markets Bonds (US Dollar) funds
  • Median 0.40%

VWOB cheapest of 17 funds

EMFI 11th cheapest of 17 funds

EMFI vs VWOB Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
EMFI No data
VWOB 6.07%
Payout (12M)
EMFI No data
VWOB $3.88
Last payment
EMFI $0.21
VWOB $0.33
Ex-dividend
EMFI Oct 27, 2026
VWOB Oct 1, 2026
Paid on
EMFI Oct 30, 2026
VWOB Oct 5, 2026
Frequency
EMFI Monthly
VWOB Monthly

Distribution history

Per share, 2023 to 2026, same scale for both

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$0.2520232026YTD
VWOBMonthly · 45 paymentsAll VWOB payments⁠
One bar per payment. 45 payments from 2023 to 2026 YTD. Feb 1, 2023 $0.28; Mar 1, 2023 $0.28; Apr 3, 2023 $0.29; May 1, 2023 $0.29; Jun 1, 2023 $0.29; Jul 3, 2023 $0.29; Aug 1, 2023 $0.30; Sep 1, 2023 $0.30; Oct 2, 2023 $0.30; Nov 1, 2023 $0.30; Dec 1, 2023 $0.28; Dec 22, 2023 $0.30; Feb 1, 2024 $0.28; Mar 1, 2024 $0.32; Apr 1, 2024 $0.32; May 1, 2024 $0.31; Jun 3, 2024 $0.32; Jul 1, 2024 $0.32; Aug 1, 2024 $0.34; Sep 3, 2024 $0.32; Oct 1, 2024 $0.32; Nov 1, 2024 $0.35; Dec 2, 2024 $0.33; Dec 24, 2024 $0.33; Feb 3, 2025 $0.38; Mar 3, 2025 $0.35; Apr 1, 2025 $0.34; May 1, 2025 $0.32; Jun 2, 2025 $0.32; Jul 1, 2025 $0.32; Aug 1, 2025 $0.39; Sep 2, 2025 $0.31; Oct 1, 2025 $0.31; Nov 3, 2025 $0.32; Dec 1, 2025 $0.32; Dec 18, 2025 $0.32; Feb 2, 2026 $0.34; Mar 2, 2026 $0.32; Apr 1, 2026 $0.33; May 1, 2026 $0.32; Jun 1, 2026 $0.32; Jul 1, 2026 $0.31; Aug 3, 2026 $0.35; Sep 1, 2026 $0.32; Oct 1, 2026 $0.33. Use the arrow keys to read each point.$0$0.2520232026YTD

EMFI vs VWOB Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
EMFI No dataVWOB 7.3%
Return per unit of riskSharpe ratio, 3 years
EMFI No dataVWOB 0.70
Worst fallMax drawdown, 5 years
EMFI No dataVWOB −26.2%
Market sensitivityBeta, 5 years
EMFI 0.29VWOB 1.11

EMFI and VWOB in the news

All news⁠

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