Emerging Markets Local Currency Bond Active UCITS ETF
Emerging Markets Local Currency Bond Active UCITS ETF
About
Emerging Markets Local Currency Bond Active UCITS ETF (IE000TGCBXG8) is a UCITS-compliant bond ETF tracking the J.P. Morgan GBI-EM Global Diversified (Total Return Gross). With a TER of 0.51%, its costs are on the higher end for an ETF, reinvesting dividends. The fund holds 92 positions across 15 regions with 138M in assets, with heavy concentration — 54% in government bonds.
Score Breakdown
Scores are scaled 1–10 on a logarithmic curve relative to all ETFs in the database. Last updated: Jul 2, 2026
| Component | Score | Details |
|---|---|---|
| Overall | 5.4 | Diversification (45%) · Cost (30%) · Liquidity (25%) |
| Cost (30%) | 7.6 | Tracking Difference: 10.0 · TD Consistency: — · Expense Ratio (TER): 1.9 |
| Diversification (45%) | 3.8 | Holding Count: 3.9 · Country Concentration: 5.1 · Sector Concentration: 1.0 |
| Liquidity (25%) | 5.8 | Assets Under Management |
Data sources: provider factsheets, exchange data, and NAV history. Information for educational purposes only — not investment advice.
ISIN
Fund Size $137.7M
Issuer JPMorgan
Distribution Re-Invests Dividends
Replication —
Inception Mar 2025
Base Currency USD
Index J.P. Morgan GBI-EM Global Diversified (Total Return Gross)
Asset Class Bonds
Category Emerging Market Bond
Costs
7.6 This fund has low total costs, with competitive tracking and expense ratios.
TER0.00%
TER0.00%
| Metric | Value |
|---|---|
| TER | 0.51% |
Cumulative Returns
Performance across different time periods.
1 Month+0.00%
3 Months+0.00%
Year to Date+0.00%
1 Year+0.00%
Inception+0.00%
1 Month+0.00%
3 Months+0.00%
Year to Date+0.00%
1 Year+0.00%
Inception+0.00%
| Period | Cumulative Return |
|---|---|
| 1 Month | +0.89% |
| 3 Months | -2.69% |
| 6 Months | +2.71% |
| 1 Year | +10.58% |
| 3 Years | — |
| 5 Years | — |
| 10 Years | — |
| YTD | +1.15% |
| Since Inception | +15.05% |
Holdings
3.9 With only 92 individual holdings, this fund is relatively concentrated compared to other ETFs.
Sectors
1.0 This fund is concentrated in just a few of its 2 sectors, reducing diversification.
| Sector | Weight |
|---|---|
| Unknown | 8043.00% |
| Government Bonds | 5427.00% |
Regions
5.1 This fund invests across 16 countries, though its geographic allocation deviates somewhat from the global market.
| Country | Weight |
|---|---|
| UNKNOWN | 3268.00% |
| Mexico | 1179.00% |
| India | 777.00% |
| Indonesia | 722.00% |
| Malaysia | 694.00% |
| Poland | 638.00% |
| Thailand | 484.00% |
| Czechia | 461.00% |
| China | 456.00% |
| Hungary | 360.00% |
| Romania | 281.00% |
| South Africa | 201.00% |
| Colombia | 176.00% |
| Peru | 175.00% |
| Philippines | 81.00% |
| Brazil | 47.00% |
Nerd Stuff
Advanced risk and return metrics (2025-03-04 — 2026-04-17).
5.1%
Volatility
-6.9%
Max Drawdown
1.00
Sharpe Ratio
1.60
Sortino Ratio
0.75
Calmar Ratio
0.20
Beta
0.81%
Alpha (Jensen's)
0.159
R²
Benchmark-relative metrics (Beta, Alpha, R²) are calculated against the iShares Core S&P 500 ETF (IE00B5BMR087).
Broker Availability
Where you can buy this ETF.
Trade
Free
Savings Plan
Free
Account
Free
Similar ETFs
Other funds tracking Emerging Market Bond indices.
iShares J.P. Morgan $ EM Bond UCITS ETF
IE00B2NPKV68·TER 0.45%
iShares J.P. Morgan $ EM Bond EUR Hedged UCITS ETF (Dist)
IE00B9M6RS56·TER 0.50%
iShares J.P. Morgan $ EM Bond UCITS ETF
IE00BYXYYK40·TER 0.45%
iShares J.P. Morgan $ EM Corp Bond UCITS ETF
IE00BFM6TD65·TER 0.50%
iShares JP Morgan Advanced $ EM Bond UCITS ETF
IE00BF553838·TER 0.45%
iShares JP Morgan Advanced $ EM Bond UCITS ETF
IE00BKP5L730·TER 0.50%
Feedback
ETFs
Basket
Compare
Millennial Index