iShares J.P. Morgan EM Local Currency Bond ETF

iShares J.P. Morgan EM Local Currency Bond ETF

About

iShares J.P. Morgan EM Local Currency Bond ETF (US4642865178) is a US-listed bond ETF tracking the J.P. Morgan GBI-EM Global Diversified 15% Cap 4% Floor Index (Net). With a expense ratio of 0.3%, it is moderately priced, paying distributions. The fund holds 460 positions across 15 regions with 720M in assets, with heavy concentration — 51% in government bonds.

Score Breakdown

Scores are scaled 1–10 on a logarithmic curve relative to all ETFs in the database. Last updated: Jun 22, 2026
Component Score Details
Cost (30%) 8.2 Tracking Difference: 10.0 · TD Consistency: — · Expense Ratio: 3.9
Liquidity (25%) 7.8 Assets Under Management

Data sources: provider factsheets, exchange data, and NAV history. Information for educational purposes only — not investment advice.

Ticker LEMB
ISIN
Fund Size $720.3M
Issuer iShares
Distribution Pays Distributions
Replication Physical
Inception Oct 2011
Base Currency USD
Index J.P. Morgan GBI-EM Global Diversified 15% Cap 4% Floor Index (Net)
Asset Class Bonds
Category Multi Asset

Costs

8.2
This fund has low total costs, with competitive tracking and expense ratios.

Cost Metrics Explained

What expense ratio, tracking difference, and TD consistency measure

Expense ratio (Total Expense Ratio) is the annual fee the fund charges, deducted from assets. It’s the headline cost, but not the full picture.

Tracking Difference measures how much the fund actually lags (or leads) its benchmark index per year. This is the single best measure of true cost — it captures the expense ratio plus all other drags like sampling error and tax withholding. A lower (or negative) value is better.

TD Consistency measures how stable the tracking difference is from year to year. A low value means predictable, reliable costs; a high value means costs can vary significantly.

Expense Ratio0.00%
 
Metric Value
Expense Ratio 0.30%

Cumulative Returns

Performance across different time periods.
Year to Date+0.00%
1 Year+0.00%
3 Years+0.00%
5 Years+0.00%
Inception+0.00%
 
Period Cumulative Return
1 Month
3 Months
6 Months
1 Year +10.63%
3 Years +6.55%
5 Years +0.85%
10 Years +1.60%
YTD +1.65%
Since Inception +0.69%

Holdings

This fund invests into 460 individual investments.
#1
Uruguay Internationale Staatsanleihe
1.41%
#2
Dominikanische Republik Internationale Anleihe
1.36%
#3
Serbia Treasury Bonds
1.32%
#4
Turkiye Government Bond
1.21%
#5
Dominikanische Republik Internationale Anleihe
1.08%
#6
Uruguay Internationale Staatsanleihe
1.08%
#7
Uruguay Internationale Staatsanleihe
1.03%
#8
Serbia Treasury Bonds
0.94%
#9
Paraguay Government International Bond
0.87%
#10
Turkiye Government Bond
0.87%
View all holdings (50)
# Holding Ticker Weight
1 Uruguay Internationale Staatsanleihe 140.53%
2 Dominikanische Republik Internationale Anleihe 136.16%
3 Serbia Treasury Bonds 131.76%
4 Turkiye Government Bond 121.44%
5 Dominikanische Republik Internationale Anleihe 107.97%
6 Uruguay Internationale Staatsanleihe 107.89%
7 Uruguay Internationale Staatsanleihe 102.64%
8 Serbia Treasury Bonds 93.81%
9 Paraguay Government International Bond 87.36%
10 Turkiye Government Bond 87.10%
11 Serbia Treasury Bonds 85.20%
12 Dominikanische Republik Internationale Anleihe 79.03%
13 DOMINICAN REPUBLIC (GOVERNMENT) RegS 78.11%
14 Serbia Treasury Bonds 75.00%
15 Brazil Notas Do Tesouro Nacional Serie 72.37%
16 Turkiye Government Bond 71.45%
17 Bonos de la Tesoreria de la Republica en pesos 67.03%
18 Colombian TES 61.56%
19 Peru Government Bond 61.44%
20 Republik Südafrika Staatsanleihe 60.54%
21 Peru Government Bond 59.21%
22 Paraguay Government International Bond 56.38%
23 Ungarische Staatsanleihe 56.26%
24 Mexican Bonos 55.13%
25 Peru Government Bond 54.65%
26 Peru Government Bond 53.47%
27 Republik Südafrika Staatsanleihe 52.89%
28 Peru Government Bond 52.38%
29 Bonos de la Tesoreria de la Republica en pesos 52.27%
30 Brazil Letras Do Tesouro Nacional 49.89%
31 Paraguay Government International Bond 49.60%
32 Mexican Bonos 48.30%
33 Colombian Tes 47.64%
34 Republic of South Africa Government Bond 47.54%
35 Mexican Bonos 47.38%
36 Republik Südafrika Staatsanleihe 47.29%
37 Brazil Notas Do Tesouro Nacional Serie 47.26%
38 Mexican Bonos 45.98%
39 Bonos de la Tesoreria de la Republica en pesos 45.74%
40 Republik Südafrika Staatsanleihe 45.70%
41 Peru Government Bond 45.36%
42 Republik Südafrika Staatsanleihe 45.16%
43 Republic of Poland Government Bond 45.13%
44 Brazil Notas Do Tesouro Nacional Serie 45.12%
45 Mexican Bonos 45.08%
46 Hungary Government Bond 44.90%
47 Mexican Bonos 44.84%
48 Colombian Tes 43.51%
49 Bonos de la Tesoreria de la Republica en pesos 43.49%
50 Uruguay Internationale Staatsanleihe 41.88%

Sectors

Allocation by industry sector.
 
Sector Weight
Unknown 9702.00%
Government Bonds 5060.00%

Regions

Geographic allocation by country of risk.
 
Country Weight
UNKNOWN 2871.00%
China 1476.00%
India 871.00%
Mexico 593.00%
Malaysia 494.00%
Indonesia 478.00%
Poland 474.00%
Thailand 449.00%
Peru 408.00%
Hungary 398.00%
Czechia 391.00%
Chile 388.00%
Romania 385.00%
Colombia 143.00%
Brazil 93.00%
South Africa 88.00%
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