iShares J.P. Morgan EM Local Currency Bond ETF (LEMB) belongs to the Emerging Markets Bonds category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with LEMB. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to LEMB
LEMB charges 0.30% annually. There are 4 ETFs in the Emerging Markets Bonds category with lower expense ratios, going as low as 0.15%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard Emerging Markets Government Bond ETF | 0.15% | 6.80B | May 2013 | LEMB vs VWOB | |
| Ishares J.P. Morgan Broad USD Emerging Markets Bon... | 0.18% | 42.02M | Feb 2023 | LEMB vs BEMB | |
| SPDR Bloomberg Emerging Markets USD Bond ETF | 0.23% | 283.35M | Apr 2021 | LEMB vs EMHC | |
| BondBloxx JP Morgan USD Emerging Markets 1-10 Year... | 0.29% | 843.20M | Jun 2022 | LEMB vs XEMD | |
| VanEck J.P. Morgan EM Local Currency Bond ETF | 0.30% | 4.80B | Jul 2010 | LEMB vs EMLC |
Best Risk-Adjusted Alternatives to LEMB
LEMB has a PortfoliosLab risk / return rank of 48. There are 13 ETFs in the Emerging Markets Bonds category with higher risk-adjusted ranks, going as high as 95.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| VanEck Vectors ChinaAMC China Bond ETF | 95 | 26.23M | Nov 2014 | LEMB vs CBON | |
| Virtus Stone Harbor Emerging Markets High Yield Bo... | 89 | 49.68M | Dec 2022 | LEMB vs VEMY | |
| Simplify Gamma Emerging Market Bond ETF | 87 | 40.62M | Aug 2024 | LEMB vs GAEM | |
| KraneShares Asia Pacific High Income Bond ETF | 82 | 15.61M | Jun 2018 | LEMB vs KHYB | |
| BondBloxx JP Morgan USD Emerging Markets 1-10 Year... | 80 | 843.20M | Jun 2022 | LEMB vs XEMD |
Top Performing LEMB Alternatives (YTD)
LEMB is at 2.60% YTD. There are 9 ETFs in the Emerging Markets Bonds category with higher YTD returns, going as high as 6.07%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Virtus Stone Harbor Emerging Markets High Yield Bo... | 6.07% | 49.68M | Dec 2022 | LEMB vs VEMY | |
| VanEck Vectors ChinaAMC China Bond ETF | 5.40% | 26.23M | Nov 2014 | LEMB vs CBON | |
| Simplify Gamma Emerging Market Bond ETF | 4.30% | 40.62M | Aug 2024 | LEMB vs GAEM | |
| Neuberger Berman Emerging Markets Debt Hard Curren... | 3.92% | 137.00M | Sep 2013 | LEMB vs NEMD | |
| VanEck Emerging Markets Bond ETF | 3.91% | 262.35M | Oct 2025 | LEMB vs EMBX |
Lowest Volatility Alternatives to LEMB
LEMB has 6.59% 1-year volatility. There are 19 ETFs in the Emerging Markets Bonds category with lower 1-year volatility, going as low as 3.48%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| KraneShares Asia Pacific High Income Bond ETF | 3.48% | 15.61M | Jun 2018 | LEMB vs KHYB | |
| VanEck Vectors ChinaAMC China Bond ETF | 3.59% | 26.23M | Nov 2014 | LEMB vs CBON | |
| WisdomTree Emerging Markets Corporate Bond Fund | 3.71% | 98.87M | Mar 2012 | LEMB vs EMCB | |
| Ishares J.P. Morgan Broad USD Emerging Markets Bon... | 4.37% | 42.02M | Feb 2023 | LEMB vs BEMB | |
| BondBloxx JP Morgan USD Emerging Markets 1-10 Year... | 4.77% | 843.20M | Jun 2022 | LEMB vs XEMD |
Lowest Drawdown Alternatives to LEMB
LEMB has a 1-year max drawdown of -6.00%. There are 17 ETFs in the Emerging Markets Bonds category with shallower 1-year drawdowns, going as shallow as -1.34%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| VanEck Vectors ChinaAMC China Bond ETF | -1.34% | 26.23M | Nov 2014 | LEMB vs CBON | |
| WisdomTree Emerging Markets Corporate Bond Fund | -3.07% | 98.87M | Mar 2012 | LEMB vs EMCB | |
| BondBloxx JP Morgan USD Emerging Markets 1-10 Year... | -3.52% | 843.20M | Jun 2022 | LEMB vs XEMD | |
| Simplify Gamma Emerging Market Bond ETF | -3.61% | 40.62M | Aug 2024 | LEMB vs GAEM | |
| Ishares J.P. Morgan Broad USD Emerging Markets Bon... | -3.67% | 42.02M | Feb 2023 | LEMB vs BEMB |
Other ETFs from iShares
The 10 most viewed iShares ETFs shown here include SGOV, IBIT, SOXX and span 14 categories. AUM among these funds goes as high as $869B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| iShares 0-3 Month Treasury Bond ETF | Ultrashort Bond | 100 | 2.13% | 99.95B | May 2020 | LEMB vs SGOV | |
| iShares Bitcoin Trust ETF | Cryptocurrency | 2 | -27.17% | 46.52B | Jan 2024 | LEMB vs IBIT | |
| iShares Semiconductor ETF | Semiconductors, Technology Equities | 90 | 68.76% | 44.69B | Jul 2001 | LEMB vs SOXX | |
| iShares Core S&P 500 ETF | S&P 500 | 78 | 11.75% | 869.20B | May 2000 | LEMB vs IVV | |
| iShares Core Dividend Growth ETF | Large Cap Growth Equities, Dividend | 92 | 13.79% | 42.77B | Jun 2014 | LEMB vs DGRO | |
| iShares 20+ Year Treasury Bond ETF | Government Bonds, Long-Term Bond | 7 | -3.18% | 41.54B | Jul 2002 | LEMB vs TLT | |
| iShares Silver Trust | Silver, Precious Metals | 35 | -18.57% | 28.08B | Apr 2006 | LEMB vs SLV | |
| iShares Gold Trust | Gold, Precious Metals | 28 | -6.14% | 59.74B | Jan 2005 | LEMB vs IAU | |
| iShares Russell 2000 ETF | Small Cap Blend Equities | 85 | 20.84% | 80.11B | May 2000 | LEMB vs IWM | |
| iShares MSCI ACWI ETF | Global Equities | 77 | 12.35% | 32.49B | Mar 2008 | LEMB vs ACWI |
Often Compared With LEMB
Investors most often compare LEMB with EMB, EBND, PFUIX. These 20 comparison targets span 10 categories, based on PortfoliosLab usage data.
Compare LEMB with Any Fund or Stock
Compare LEMB with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair LEMB with funds that move differently
iShares J.P. Morgan EM Local Currency Bond ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to LEMB.
Explore LEMB Diversifiers