Fixed Income: Emerging Markets - Government, Non-Native Currency

EMIH Top Performer Intra-day
Price $23.61
Today’s Change 0.21%
4:00pm 10/18/2019
EMBH Bottom Performer Intra-day
Price $24.49
Today’s Change -0.06%
4:00pm 10/18/2019

ETF.com Insight

With 6 ETFs and over $19.18B in combined AUM, the Fixed Income: Emerging Markets - Government, Non-Native Currency segment provides exposure to the Emerging Markets space with a focus on Broad Credit securities.

Year-to-date, the best-performing ETF in the segment is the Vanguard Emerging Markets Government Bond ETF (VWOB), with a total return of 18.45%. Meanwhile, the most popular ETF is the iShares JP Morgan USD Emerging Markets Bond ETF (EMB) with $13.97BB in assets under management.

Investors should take a look at the (). This fund has been chosen as an Analyst Pick by FactSet, thus is the best ETF for the average investor. has an expense ratio of -- and tracks the .

ETF.com Efficiency Insight

The average efficiency score in the Fixed Income: Emerging Markets - Government, Non-Native Currency segment is 79 out of 100, with the iShares JP Morgan USD Emerging Markets Bond ETF(EMB) obtaining the highest rating of 88 out of 100.

Costs dominate the discussion around efficiency. ETFs in the segment have an average expense ratio of 0.42% per year, with the Vanguard Emerging Markets Government Bond ETF (VWOB) having the lowest expense ratio, charging investors 0.30% yearly.

Investors should look for funds with tight tracking, such as the Vanguard Emerging Markets Government Bond ETF (VWOB), with a 12-month median tracking difference of -0.11%.

Tracking Difference (12 Month)

ETF.com Tradability Insight

The average tradability score in the Fixed Income: Emerging Markets - Government, Non-Native Currency segment is 73 out of 100, with the iShares JP Morgan USD Emerging Markets Bond ETF(EMB) obtaining the highest rating of 100 out of 100.

The iShares JP Morgan USD Emerging Markets Bond ETF (EMB) is the undisputed segment leader when it comes to liquidity. The fund trades 440.54M in daily average volume. Investors should also find ample liquidity in the Invesco Emerging Markets Sovereign Debt ETF (PCY), with $37.86M in daily dollar volume.

Use limit orders to trade funds such as the Xtrackers Emerging Markets Bond Interest Rate Hedged ETF(EMIH), due to their double-digit market spreads.

ETF.com/ Block Liquidity

EMB
5
4
3
2
1
EMBH
5
4
3
2
1
PCY
5
4
3
2
1
VWOB
5
4
3
2
1
JPMB
5
4
3
2
1
EMIH
5
4
3
2
1
This measurement shows how easy it is to trade 25,000 shares of each ETF.

ETF.com Fit Insight

The Bloomberg Barclays EM Local Currency Government Index has been selected as the index that most accurately represents the market in question. The benchmark has been selected by the ETF Analytics team at FactSet, according to a series of guidelines to ensure this index accurately captures its market.

Investors trying to match a broad market exposure should pay attention to . This fund obtains a high Fit score and investors should capture market-like returns.

Other funds diverge from the market, by nature of their investment mandates; for example, follows a strategy and obtains a low Fit score compared with our neutral benchmark.

Index Methodology