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EMFI vs XEMD

Pictet Emerging Markets Debt ETF

EMFIDNYSE Arca

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

XEMDACboe

Overlap

No data

Expense ratio

XEMD −0.21pt a year

EMFI0.50%XEMD0.29%

Avg volume · 30D

XEMD 352.1×the volume

EMFI568XEMD200K

EMFI vs XEMD Performance

Jul 31, 2026 – Oct 30, 2026

−2.1%EMFI−1.3%XEMD

Jul 31, 2026 to Oct 30, 2026. EMFI −2.1%. XEMD −1.3%. Use the arrow keys to read each point.−3%0%1%Jul 2026Sep 2026Oct 2026
Expense ratio
EMFI 0.50%
XEMD 0.29%, better
Fund size
EMFI $17M
XEMD $1.01B
1Y total return
EMFI No data
XEMD +2.7%
Yield (12M)
EMFI No data
XEMD 5.89%
Holdings
EMFI 97
XEMD 431
Avg volume (30D)
EMFI 568 sh
XEMD 200K sh, better
NAV per share
EMFI $47.56
XEMD $43.28
52W range

ETF.net Grade

EMFI: Cost 28, Risk 29, Mission not scored, Tradability 4, Holdings 43, Durability 20. XEMD: Cost 81, Risk 74, Mission 96, Tradability 88, Holdings 75, Durability 63.
Pillar letters and Scores for EMFI, XEMD, with each pillar’s weight
PillarEMFIXEMD
Cost30% weightD28A81Higher
Mission25% weightNot scoredA96
Risk15% weightD29A74Higher
Tradability15% weightF4A88Higher
Holdings10% weightC43A75Higher
Durability5% weightF20B63Higher

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 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 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 14DJEMBJanus Henderson Emerging Markets Debt Hard Currency ETFScore 33
  5. Rank 16DEMFIPictet Emerging Markets Debt ETFScore 24
  6. BEMDNot yet graded

Our read on each fund

ETF.net Research

EMFIDPictet Emerging Markets Debt ETF

XEMDABondBloxx JP Morgan USD Emerging Markets 1-10 Year 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.

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

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

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

  • 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.
  • 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

  • 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.
  • 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 EMFI profile⁠

Full XEMD profile⁠

EMFI vs 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.

EMFI vs XEMD Cost

Overpaying EMFI vs XEMD

$4,027

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

  • EMFI 0.50%

    $9,979

  • XEMD 0.29%

    $5,952

$10,000
30 years

Cost over time

  • EMFI 0.50%
  • XEMD 0.29%
  • 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 $9,979XEMD $5,952

Year by year

YearEMFIXEMDOverpaying
10$900$527$373
20$3,460$2,044$1,416
30$9,979$5,952$4,027

Expense ratio

  • 0.50%EMFI
  • 0.29%XEMD, cheaper
  • Middle half of Emerging Markets Bonds (US Dollar) funds
  • Median 0.40%

XEMD 4th cheapest of 17 funds

EMFI 11th cheapest of 17 funds

EMFI vs XEMD Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
EMFI No data
XEMD 5.89%
Payout (12M)
EMFI No data
XEMD $2.55
Last payment
EMFI $0.21
XEMD $0.19
Ex-dividend
EMFI Oct 27, 2026
XEMD Oct 1, 2026
Paid on
EMFI Oct 30, 2026
XEMD Oct 6, 2026
Frequency
EMFI Monthly
XEMD 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
XEMDMonthly · 46 paymentsAll XEMD payments⁠
One bar per payment. 46 payments from 2023 to 2026 YTD. Feb 1, 2023 $0.19; Mar 1, 2023 $0.21; Apr 3, 2023 $0.20; May 1, 2023 $0.20; Jun 1, 2023 $0.24; Jul 3, 2023 $0.19; Aug 1, 2023 $0.22; Sep 1, 2023 $0.22; Oct 2, 2023 $0.21; Nov 1, 2023 $0.22; Dec 1, 2023 $0.21; Dec 28, 2023 $0.22; Feb 1, 2024 $0.21; Mar 1, 2024 $0.20; Apr 1, 2024 $0.22; May 1, 2024 $0.21; Jun 3, 2024 $0.22; Jul 1, 2024 $0.21; Aug 1, 2024 $0.24; Sep 3, 2024 $0.21; Oct 1, 2024 $0.22; Nov 1, 2024 $0.25; Dec 2, 2024 $0.21; Dec 30, 2024 $0.23; Feb 3, 2025 $0.26; Mar 3, 2025 $0.21; Apr 1, 2025 $0.23; May 1, 2025 $0.22; Jun 2, 2025 $0.24; Jul 1, 2025 $0.22; Aug 1, 2025 $0.26; Sep 2, 2025 $0.23; Oct 1, 2025 $0.18; Nov 3, 2025 $0.19; Dec 1, 2025 $0.20; Dec 15, 2025 $0.10; Dec 30, 2025 $0.20; Feb 2, 2026 $0.22; Mar 2, 2026 $0.19; Apr 1, 2026 $0.21; May 1, 2026 $0.20; Jun 1, 2026 $0.21; Jul 1, 2026 $0.20; Aug 3, 2026 $0.24; Sep 1, 2026 $0.20; Oct 1, 2026 $0.19. Use the arrow keys to read each point.$0$0.2520232026YTD

EMFI vs XEMD Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
EMFI No dataXEMD 5.2%
Return per unit of riskSharpe ratio, 3 years
EMFI No dataXEMD 1.10
Worst fallMax drawdown, 5 years
EMFI No dataXEMD −10.0%since Jun 2022
Market sensitivityBeta, 5 years
EMFI 0.29XEMD 0.64

EMFI and XEMD in the news

All news⁠

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