ETF Evaluator:
iShares J.P. Morgan Brd USD Emr MktBdETF ()
Follow This ETF
(as of Aug 25)
Best Performing in Emerging Markets Bond Over the Last Year
| 12.8% | Virtus Stone Harbor Emr Mkt Hi Yld BdETF (VEMY) |
| 11.5% | VanEck Emerging Markets Bond ETF (EMBX) |
| 11.3% | Neuberger Em Mkts Debt Hard Ccy ETF (NEMD) |
| 9.5% | iShares J.P. Morgan EM High Yld Bd ETF (EMHY) |
| 9.4% | Simplify Gamma Emerging Market Bond ETF (GAEM) |
Risk
Index
Risk
Index
ETF Details
iShares J.P. Morgan Brd USD Emr MktBdETF Overview
iShares J.P. Morgan Brd USD Emr MktBdETF (BEMB) is a passively managed Taxable Bond Emerging Markets Bond exchange-traded fund (ETF). iShares launched the ETF in 2023.
The investment seeks to track the investment results of the J.P. Morgan EM Sovereign and Corporate Credit Core Index composed of U.S. dollar-denominated bonds issued by emerging market sovereign, quasi-sovereign, and corporate entities.
The fund will invest at least 80% of its assets in the component securities of the underlying index, and the fund will invest at least 90% of its assets in fixed income securities of the types included in the underlying index that BFA believes will help the fund track the underlying index. The fund is non-diversified.
About iShares J.P. Morgan Brd USD Emr MktBdETF (BEMB)
There are 3 members of the management team with an average tenure of 1.81 years: James Mauro (2023), Jonathan Graves (2025) and Marcus Tom (2025). Management tenure is more important for actively managed ETFs than passive index ETFs.
The ETF has 2 primary benchmarks: JPM EMBI Global Diversified TR USD index with a weighting of 100% and JPM EM Sov and Corp Cr Core TR USD index with a weighting of 100%. iShares J.P. Morgan Brd USD Emr MktBdETF has 260 securities in its portfolio. The top 10 holdings constitute 9.1% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a nondiversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.
iShares J.P. Morgan Brd USD Emr MktBdETF is part of the Fixed Income global asset class and is within the Taxable Bond ETF group. iShares J.P. Morgan Brd USD Emr MktBdETF has 97.4% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 0.0% There is 0.0% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 98.3% (0.9% domestic bond, 97.4% foreign bond and 0.0% convertible bond). iShares J.P. Morgan Brd USD Emr MktBdETF has 1.7% of the portfolio in cash.
Assets Under Management
The fund has $42 million in total assets, which is below the $1 billion average for the Emerging Markets Bond category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
BEMB Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The iShares J.P. Morgan Brd USD Emr MktBdETF expense ratio is low compared to funds in the Emerging Markets Bond category. iShares J.P. Morgan Brd USD Emr MktBdETF has an expense ratio of 0.15%, which is 67% lower than its category average, making the fund expense ratio grade a A. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. iShares J.P. Morgan Brd USD Emr MktBdETF has a portfolio turnover rate of 11%, which indicates that it holds its assets around / 0.1 years. By way of comparison, the average portfolio turnover is 56% for the Emerging Markets Bond category.
Recently, in the month of July 2026, iShares J.P. Morgan Brd USD Emr MktBdETF returned -1.3%, which earned it a grade of D, as the Emerging Markets Bond category had an average return of -1.1%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.
iShares J.P. Morgan Brd USD Emr MktBdETF has a trailing yield of 6.13%, which is equal to the 6.13% category average.
The fund normally distributes its income monthly and its capital gains annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
iShares J.P. Morgan Brd USD Emr MktBdETF Grades
Year to date, the ETF has returned 0.9%, 1.1 percentage points worse than the category, which translates into a grade of D. The fund has returned 6.0% over the past year (grade of F) and 7.7% over the past three years (grade of D).
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BEMB Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| BEMB Return (NAV) | -1.3% | 0.0% | 6.0% | 7.7% | na | na |
| BEMB Return (Price) | -0.9% | 0.1% | 6.2% | 7.6% | na | na |
| NAV +/- Price Return | -0.420% | -0.042% | -0.215% | 0.144% | na | na |
| Emerging Markets Bond Avg | -1.1% | 0.6% | 8.0% | 8.7% | 2.3% | 3.6% |
| BEMB Grade (NAV) | D | D | F | D | na | na |
| +/- Category (NAV) | -0.2% | -0.5% | -2.0% | -1.1% | na | na |
| BEMB Tax-Cost Ratio | na | na | 2.6% | 2.6% | na | na |
BEMB Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| BEMB Return (NAV) | 0.9% | 11.5% | 6.3% | na | na | na | na | na | na | na | na |
| BEMB Return (Price) | 0.7% | 12.3% | 5.5% | na | na | na | na | na | na | na | na |
| NAV +/- Price Ret | -0.182% | 0.063% | -0.128% | na | na | na | na | na | na | na | na |
| Emerging Markets Bond Avg | 2.0% | 13.0% | 6.8% | 10.3% | -14.2% | -3.3% | 5.9% | 13.9% | -4.6% | 9.8% | 10.7% |
| BEMB Grade (NAV) | D | D | C | na | na | na | na | na | na | na | na |
| +/- Category | -1.1% | -1.5% | -0.5% | na | na | na | na | na | na | na | na |
| Risk Measures | |
| Beta: | 0.94 |
| R-Squared: | 81% |
| Standard Deviation: | 5.9% |
| Category Risk Index: | 0.95 |
| Category Risk Rating: | Average |
| Total Risk Index: | 0.48 |
| Total Risk Rating: | Low |
| Portfolio Characteristics | |
| Yield: | 6.1% |
| Total Assets: | $ 42 Mil |
| Share Class Assets: | $ 42 Mil |
| Turnover: | 11.0% |
| Expense Ratio: | 0.15% |
| Index Fund: | Yes |
| Index Tracked: | JPM EMBI Global Diversified TR USD |
| Index Weighting: | 100% |
| Leveraged: | No |
| Socially Responsible Fund: | No |
| Capital Gains Distribution Frequency: | Annually |
| Income Distribution Frequency: | Monthly |
Management Team
| Number of Managers: 3 | |||
| Longest Tenure: 3.4 years | |||
| Average Tenure: 1.8 years | |||
| Managers (Year): Mauro James (2023), Graves Jonathan (2025), Tom Marcus (2025) | |||
Portfolio Composition (as of 7/31/26)
| # of Holdings: | 260 |
| % in Top 10 Holdings: | 9.1% |
| Fund is Non-Diversified: | Yes |
| % in Foreign Issues: | 97.4% |
Portfolio Allocation |
|
| Domestic Stock: | 0.0% |
| Foreign Stock: | 0.0% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.9% |
| Foreign Bond: | 97.4% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 1.7% |
Purchase Information
| Legal Structure: | Open Ended Investment Company |
| Fund Family: | iShares |
| Phone Number: | 800-474-2737 |
| Website: | au.ishares.com |
| Inception Date: | February 22, 2023 |
Expenses and Fees
| Expense Ratio (%): | 0.15% (Rating: Low) |
| Category Average Expense Ratio (%): | 0.46% |
