EMB vs. JPMB
Compare and contrast key facts about iShares J.P. Morgan USD Emerging Markets Bond ETF (EMB) and JPMorgan USD Emerging Markets Sovereign Bond ETF (JPMB).
EMB and JPMB are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EMB is a passively managed fund by iShares that tracks the performance of the JPMorgan EMBI Global Core Index. It was launched on Dec 17, 2007. JPMB is a passively managed fund by JPMorgan that tracks the performance of the J.P. Morgan Emerging Markets Risk-Aware Bond Index. It was launched on Jan 29, 2018. Both EMB and JPMB are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
EMB vs. JPMB - Performance Comparison
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EMB vs. JPMB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
EMB iShares J.P. Morgan USD Emerging Markets Bond ETF | -1.61% | 13.85% | 5.54% | 10.62% | -18.63% | -2.23% | 5.42% | 15.48% | -4.87% |
JPMB JPMorgan USD Emerging Markets Sovereign Bond ETF | -1.85% | 13.73% | 1.46% | 9.48% | -16.05% | -2.26% | 5.36% | 17.71% | -4.72% |
Returns By Period
In the year-to-date period, EMB achieves a -1.61% return, which is significantly higher than JPMB's -1.85% return.
EMB
- 1D
- 0.88%
- 1M
- -3.15%
- YTD
- -1.61%
- 6M
- 0.80%
- 1Y
- 8.76%
- 3Y*
- 8.35%
- 5Y*
- 1.77%
- 10Y*
- 3.18%
JPMB
- 1D
- 1.03%
- 1M
- -3.52%
- YTD
- -1.85%
- 6M
- 0.04%
- 1Y
- 8.34%
- 3Y*
- 6.53%
- 5Y*
- 1.31%
- 10Y*
- —
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EMB vs. JPMB - Expense Ratio Comparison
Both EMB and JPMB have an expense ratio of 0.39%.
Return for Risk
EMB vs. JPMB — Risk / Return Rank
EMB
JPMB
EMB vs. JPMB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares J.P. Morgan USD Emerging Markets Bond ETF (EMB) and JPMorgan USD Emerging Markets Sovereign Bond ETF (JPMB). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| EMB | JPMB | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.32 | 1.27 | +0.05 |
Sortino ratioReturn per unit of downside risk | 1.86 | 1.80 | +0.06 |
Omega ratioGain probability vs. loss probability | 1.28 | 1.27 | +0.01 |
Calmar ratioReturn relative to maximum drawdown | 2.07 | 1.89 | +0.18 |
Martin ratioReturn relative to average drawdown | 8.46 | 7.38 | +1.08 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| EMB | JPMB | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.32 | 1.27 | +0.05 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.18 | 0.15 | +0.04 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.32 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.42 | 0.24 | +0.19 |
Correlation
The correlation between EMB and JPMB is 0.89, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
EMB vs. JPMB - Dividend Comparison
EMB's dividend yield for the trailing twelve months is around 5.09%, less than JPMB's 6.24% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EMB iShares J.P. Morgan USD Emerging Markets Bond ETF | 4.67% | 4.98% | 5.46% | 4.74% | 5.04% | 3.89% | 3.88% | 4.51% | 5.64% | 4.54% | 4.83% | 4.84% |
JPMB JPMorgan USD Emerging Markets Sovereign Bond ETF | 5.73% | 6.71% | 6.32% | 5.99% | 4.94% | 4.29% | 4.29% | 4.51% | 4.58% | 0.00% | 0.00% | 0.00% |
Drawdowns
EMB vs. JPMB - Drawdown Comparison
The maximum EMB drawdown since its inception was -34.70%, which is greater than JPMB's maximum drawdown of -26.33%. Use the drawdown chart below to compare losses from any high point for EMB and JPMB.
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Drawdown Indicators
| EMB | JPMB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.70% | -26.33% | -8.37% |
Max Drawdown (1Y)Largest decline over 1 year | -4.51% | -4.61% | +0.10% |
Max Drawdown (5Y)Largest decline over 5 years | -28.74% | -26.16% | -2.58% |
Max Drawdown (10Y)Largest decline over 10 years | -28.74% | — | — |
Current DrawdownCurrent decline from peak | -3.50% | -3.52% | +0.02% |
Average DrawdownAverage peak-to-trough decline | -5.10% | -7.19% | +2.09% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.10% | 1.18% | -0.08% |
Volatility
EMB vs. JPMB - Volatility Comparison
iShares J.P. Morgan USD Emerging Markets Bond ETF (EMB) and JPMorgan USD Emerging Markets Sovereign Bond ETF (JPMB) have volatilities of 3.12% and 3.02%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EMB | JPMB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.12% | 3.02% | +0.10% |
Volatility (6M)Calculated over the trailing 6-month period | 4.01% | 3.78% | +0.23% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.95% | 6.61% | +0.34% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 9.75% | 8.93% | +0.82% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 9.94% | 9.71% | +0.23% |