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Wednesday, August 19, 2026The Morning Brief →Sign in
EMBISharesINDEX

iShares J.P. Morgan USD Emerging Markets Bond ETF

$95.11+0.50% today
939852-WK

The fund will invest at least 80% of its assets in the component securities of the underlying index and will invest at least 90% of its assets in fixed income securities of the types included in the underlying index. The index is a broad, diverse U.S. dollar-denominated emerging markets debt benchmark that tracks the total return of actively traded external debt instruments in emerging market countries.

Price & daily flows
95.295.094.795.11DAILY NET FLOWJul 20Jul 29Aug 10Aug 19

SOURCE: MARKET TAPE & DAILY CREATION/REDEMPTION RECORDS · 1M SHOWN · NET −$114M OVER THIS RANGE

The desk’s read

Money is leaving — −$114M walked out over the past month, about 0.8% of the fund's asset base, while the price has returned -1.2% so far this year. At 0.39% a year it is not the cheapest way in — ITDG runs the same ground at 0.11%.

COMPOSED FROM THE FUND’S OWN DAILY RECORDS · UPDATED WITH EACH REFRESH

$14.7Bassets under management
0.39%expense ratio · $39 per $10,000 a year
−$114Mnet flow, trailing month
5.2Mavg daily volume, 30 days
627holdings · US-domiciled
2007listed December 16, 2007 · beta 0.31
The book at a glance
0.8%0.7%0.7%0.5%0.5%0.5%0.5%0.4%0.4%0.4%0.4%0.4%0.4%0.4%0.3%0.3%0.3%0.3%0.3%0.3%0.3%0.3%0.3%0.3%0.3%0.3%0.3%0.3%0.3%0.3%0.3%0.3%0.3%0.3%0.3%0.3%0.3%0.3%0.3%0.3%

CELL SIZE IS PORTFOLIO WEIGHT · COLOR IS TODAY’S MOVE · TOP 40 POSITIONS

HoldingsDownload CSV
#HoldingWeightPriceDay52-wk
1REPUBLIC OF ECUADOR SR UNSECURED REGS 07/35 VAR0.79%
2ARGENTINA REPUBLIC OF GOVERNMENT0.72%
3ARGENTINA REPUBLIC OF GOVERNMENT0.66%
4REPUBLIC OF GHANA SR UNSECURED REGS 07/35 VAR0.54%
5ARGENTINA REPUBLIC OF GOVERNMENT0.54%
6URUGUAY (ORIENTAL REPUBLIC OF)0.52%
7DARLING GLOBAL FINANCE BV 144A0.51%
8OMAN GOV INTERNTL BOND SR UNSECURED REGS 01/48 6.750.43%
9DARLING GLOBAL FINANCE BV 144A0.40%
10POLAND (REPUBLIC OF)0.38%
11BRAZIL FEDERATIVE REPUBLIC OF (GOV0.37%
12POLAND (REPUBLIC OF)0.36%
13DARLING GLOBAL FINANCE BV 144A0.36%
14DARLING GLOBAL FINANCE BV 144A0.36%
15REPUBLIC OF GHANA SR UNSECURED REGS 07/29 VAR0.34%

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Sector weights
Sovereign86.64%
Agency12.87%
Cash and/or Derivatives0.49%
PORTFOLIO COMPOSITION, LATEST DISCLOSURE
Country weights
Saudi Arabia6.27%
Mexico6.14%
Turkey4.72%
Indonesia4.38%
Brazil3.86%
Poland3.59%
Chile3.36%
Dominican Republic3.36%
PORTFOLIO COMPOSITION, LATEST DISCLOSURE
Performance
1 week+0.2%
1 month-0.4%
3 months+0.5%
6 months-2.4%
YTD-1.2%
1 year
3 years

PRICE RETURN, DISTRIBUTIONS NOT REINVESTED

Net flows
1 week−$28M
1 month−$114M
3 months+$788M
YTD−$1.8B
1 year+$1.4B

CREATION/REDEMPTION DOLLARS, DAILY RECORDS

Monthly net flows
AugSepOctNovDecJanFebMarAprMayJulAug
DAILY CREATION/REDEMPTION RECORDS, TRAILING TWELVE MONTHS
The risk read
5%realized volatility, 30 days (annualized)
6%realized volatility, 1 year
-4.9%deepest fall from a peak, 1 year
-2.7%where it sits vs. that peak today

The top holding is 1.1% of the book; the top ten carry 6%. Spread across 250+ names, it behaves like roughly 210 equally-weighted positions.

VOLATILITY & DRAWDOWN FROM THE DAILY TAPE · CONCENTRATION FROM THE LATEST DISCLOSED BOOK

Options tape
22calls today
5puts today
0.23put/call ratio
4.9Mshares traded
The case against EMB

Due diligence cuts both ways. These funds sit on the same shelf and beat EMB on at least one dimension that matters — the fee, the asset base, or where the money is going.

FundFeeAssetsFlow, 1MThe case
STIP iShares 0-5 Year TIPS Bond ETF0.03%$16B+$288M-36bp on fee · +$288M in over the monthHead-to-head
MBB iShares MBS ETF0.04%$39B+$26M-35bp on fee · 3× the assets · +$26M in over the monthHead-to-head
IDEV iShares Core MSCI International Developed Markets ETF0.04%$32.7B+$104M-35bp on fee · 2× the assets · +$104M in over the monthHead-to-head
IGSB iShares 1-5 Year Investment Grade Corporate Bond ETF0.04%$23.4B+$520M-35bp on fee · 2× the assets · +$520M in over the monthHead-to-head
IGIB iShares 5-10 Year Investment Grade Corporate Bond ETF0.04%$18.7B+$312M-35bp on fee · +$312M in over the monthHead-to-head
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InstrumentsHarvest substitutesTrade cost at $1MClient tearsheetStress this fund
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