JEMB vs. BREM

Last updated Jun 5, 2026

JEMB (Janus Henderson Emerging Markets Debt Hard Currency ETF) and BREM (iShares Emerging Markets Bond Active ETF) are both Emerging Markets Bonds funds. Both are actively managed. At a 0.45 correlation, their price movements are largely independent. JEMB charges 0.52%/yr vs 0.50%/yr for BREM.

Performance

JEMB vs. BREM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Janus Henderson Emerging Markets Debt Hard Currency ETF (JEMB) and iShares Emerging Markets Bond Active ETF (BREM). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, JEMB achieves a 2.72% return, which is significantly lower than BREM's 3.36% return.

JEMB

• 1D: 0.24%
• 1M: 0.57%
• YTD: 2.72%
• 6M: 3.66%
• 1Y: 12.99%
• 3Y*: —
• 5Y*: —
• 10Y*: —

BREM

• 1D: 0.10%
• 1M: 0.99%
• YTD: 3.36%
• 6M: 4.05%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

JEMB vs. BREM - Yearly Performance Comparison

	2026 (YTD)	2025
JEMB Janus Henderson Emerging Markets Debt Hard Currency ETF	2.72%	2.25%
BREM iShares Emerging Markets Bond Active ETF	3.36%	2.74%

Correlation

The correlation between JEMB and BREM is 0.45, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 17, 2025	0.45

Return for Risk

JEMB vs. BREM — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

JEMB

JEMB Risk / Return Rank: 54
JEMB Sharpe Ratio Rank: 48
JEMB Sortino Ratio Rank: 49
JEMB Omega Ratio Rank: 53
JEMB Calmar Ratio Rank: 57
JEMB Martin Ratio Rank: 64

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

JEMB vs. BREM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Janus Henderson Emerging Markets Debt Hard Currency ETF (JEMB) and iShares Emerging Markets Bond Active ETF (BREM). 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.

	JEMB	BREM	Difference
Sharpe ratio: Return per unit of total volatility	1.64	—	—
Sortino ratio: Return per unit of downside risk	2.36	—	—
Omega ratio: Gain probability vs. loss probability	1.33	—	—
Calmar ratio: Return relative to maximum drawdown	2.79	—	—
Martin ratio: Return relative to average drawdown	11.47	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	JEMB	BREM	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.64	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.25	1.78	-0.53

Drawdowns

JEMB vs. BREM - Drawdown Comparison

The maximum JEMB drawdown since its inception was -5.37%, which is greater than BREM's maximum drawdown of -4.54%. Use the drawdown chart below to compare losses from any high point for JEMB and BREM.

Drawdown Indicators

	JEMB	BREM	Difference
Max Drawdown Largest peak-to-trough decline	-5.37%	-4.54%	-0.83%
Max Drawdown (1Y) Largest decline over 1 year	-4.67%	—	—
Current Drawdown Current decline from peak	-0.42%	-0.11%	-0.31%
Average Drawdown Average peak-to-trough decline	-1.01%	-0.66%	-0.35%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.14%	—	—

Volatility

Volatility by Period

	JEMB	BREM	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.38%	—	—
Volatility (6M) Calculated over the trailing 6-month period	6.35%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	7.98%	5.69%	+2.29%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	8.51%	5.69%	+2.82%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	8.51%	5.69%	+2.82%

JEMB vs. BREM - Expense Ratio Comparison

JEMB has a 0.52% expense ratio, which is higher than BREM's 0.50% expense ratio.

Dividends

JEMB vs. BREM - Dividend Comparison

JEMB's dividend yield for the trailing twelve months is around 6.27%, more than BREM's 3.90% yield.

Position	TTM	2025	2024
BREM iShares Emerging Markets Bond Active ETF	3.90%	1.19%	0.00%
JEMB Janus Henderson Emerging Markets Debt Hard Currency ETF	6.27%	6.19%	2.53%

Frequently Asked Questions

Can I hold both JEMB and BREM in my portfolio?

JEMB and BREM have a correlation of 0.45, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, JEMB or BREM?

On fees, BREM is cheaper at 0.50% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, JEMB or BREM?

BREM is cheaper with a 0.50% expense ratio, compared with 0.52% for JEMB.

Which ETF pays a higher dividend yield, JEMB or BREM?

JEMB has the higher dividend yield at 6.27%, compared with 3.90% for BREM.

What is the main difference between JEMB and BREM?

They also come from different issuers: Janus Henderson and BlackRock. Their fees differ too: 0.52% for JEMB and 0.50% for BREM.