EMB Performance — iShares J.P. Morgan USD Emerging Markets Bond ETF
Data updated: 2026-09-25
EMB returned +0.73% year to date and +7.13% over one year to Jul 2026. Annualised returns are +8.27% over 3 years and +1.58% over 5 years. Against its Emerging Markets Bond category average the fund came out ahead over three years but behind over one: $100 invested three years ago grew to $127, against $126 for the category, and to $107 over one year, against $109. Volatility over the past three years was 6.97% a year. In the 12 months to Jul 2026 the fund took in a net $4.6B, and assets reached $14.61B.
EMB Growth of $100
What $100 invested in iShares J.P. Morgan USD Emerging Markets Bond ETF grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Emerging Markets Bond category average over the same months.
| Period | EMB | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $107 | $109 |
| 3 years (Aug 2023 – Jul 2026) | $127 | $126 |
| 5 years (Aug 2021 – Jul 2026) | $108 | $115 |
| Since data start (Aug 2019 – Jul 2026) | $116 | $123 |
EMB Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +0.73% |
| 1 year | +7.13% |
| 3 years (annualised) | +8.27% |
| 5 years (annualised) | +1.58% |
EMB Annual Returns
Calendar-year total returns of iShares J.P. Morgan USD Emerging Markets Bond ETF, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | +0.73% |
| 2025 | +13.46% |
| 2024 | +6.11% |
| 2023 | +10.59% |
| 2022 | −18.03% |
| 2021 | −2.45% |
| 2020 | +5.47% |
| 2019 (Aug–Dec) | +2.17% |
EMB Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +0.2% | +1.3% | −3.5% | +2.7% | +1.0% | +0.8% | −1.7% | — | — | — | — | — |
| 2025 | +1.3% | +1.5% | −0.8% | −0.1% | +1.0% | +2.5% | +1.2% | +1.5% | +1.7% | +2.0% | +0.3% | +0.6% |
| 2024 | −1.2% | +0.9% | +2.1% | −2.2% | +1.9% | +0.6% | +1.9% | +2.5% | +1.9% | −1.9% | +1.2% | −1.6% |
| 2023 | +3.4% | −2.5% | +1.1% | +0.4% | −0.8% | +2.1% | +1.9% | −1.7% | −2.9% | −1.4% | +5.9% | +5.0% |
| 2022 | −3.0% | −6.4% | +0.1% | −6.2% | +0.3% | −6.7% | +3.2% | −1.4% | −6.8% | +0.3% | +7.9% | +0.1% |
| 2021 | −1.4% | −3.0% | −1.1% | +2.4% | +1.1% | +0.9% | +0.4% | +1.1% | −2.4% | +0.1% | −1.8% | +1.5% |
| 2020 | +1.6% | −1.1% | −14.1% | +2.4% | +6.4% | +3.4% | +3.9% | +0.4% | −1.8% | 0.0% | +4.1% | +1.9% |
| 2019 | — | — | — | — | — | — | — | +0.8% | −0.6% | +0.3% | −0.4% | +2.2% |
EMB Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 6.97%
- 3-year Sharpe ratio: 0.54 (vs 4.5% risk-free rate)
- Best month: +5.94% (Nov 2023)
- Worst month: −3.51% (Mar 2026)
EMB Fund Flows
Monthly money in and out of iShares J.P. Morgan USD Emerging Markets Bond ETF, from SEC Form N-PORT.
- 12-month net flow: $4.6B
- 12-month gross sales (incl. reinvestments): $13.5B
- Sales ÷ redemptions: 1.52×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $1.0B | $695.2M | $309.2M |
| Jun 2026 | $1.3B | $947.3M | $398.0M |
| May 2026 | $514.7M | $932.9M | −$418.3M |
| Apr 2026 | $859.7M | $777.8M | $82.0M |
| Mar 2026 | $1.8B | $0 | $1.8B |
| Feb 2026 | $1.2B | $1.7B | −$552.1M |
| Jan 2026 | $972.1M | $846.1M | $126.0M |
| Dec 2025 | $1.4B | $385.2M | $1.1B |
| Nov 2025 | $1.3B | $758.2M | $558.1M |
| Oct 2025 | $1.1B | $985.1M | $71.0M |
| Sep 2025 | $1.4B | $190.5M | $1.2B |
| Aug 2025 | $514.3M | $607.2M | −$92.9M |
EMB Assets Under Management
Net assets of iShares J.P. Morgan USD Emerging Markets Bond ETF by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $14.61B |
| 2026-04-30 | $14.51B |
| 2026-01-31 | $16.87B |
| 2025-10-31 | $15.13B |
| 2025-07-31 | $13.34B |
| 2025-04-30 | $12.70B |
| 2025-01-31 | $13.87B |
| 2024-10-31 | $14.75B |
| 2024-07-31 | $15.23B |
| 2024-04-30 | $13.89B |
| 2024-01-31 | $15.20B |
| 2023-10-31 | $12.13B |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.