Which returned more over the last year, EMB or GOVT?

In the year to Sep 12, 2026, with distributions reinvested, EMB returned +2.8% and GOVT returned −1.0%, so EMB returned more. One year is one year; the longer windows are in the table.

Which is cheaper, EMB or GOVT?

EMB charges 0.39% a year and GOVT charges 0.05%, so GOVT is cheaper. Fees come from each fund's prospectus.

Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.

ETFIQetfiq.com · independent ETF data

EMB vs GOVT: how they differ

EMB and GOVT hold 0% of their weight in the same names, and EMB returned more over the year.

iShares J.P. Morgan USD Emerging Markets Bond ETF and iShares U.S. Treasury Bond ETF.

What they hold in common

By the books each fund has filed, EMB and GOVT hold 0% of their money in the same securities at the same weight.

Largest positions each one holds and the other does not
Only in EMB	Only in GOVT
Argentina Republic Government Internatio 1.12%	United States of America 5.31%
Argentina Republic Government Internatio 0.73%	United States of America 2.96%
Argentina Republic Government Internatio 0.64%	United States of America 2.63%
Argentina Republic Government Internatio 0.53%	United States of America 2.09%
Uruguay Government International Bonds 0.52%	United States of America 1.61%
EAGLE FUNDING LUXCO SARL 0.51%	United States of America 1.57%
Republic of Poland Government Internatio 0.40%	United States of America 1.53%
UKRAINE GOVERNMENT 0.38%	United States of America 1.51%

Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Apr 30, 2026.

EMB and GOVT on the fields both publish, as of Sep 12, 2026. Source: ETFIQ.
	EMB iShares J.P. Morgan USD Emerging Markets Bond ETF	GOVT iShares U.S. Treasury Bond ETF
Where it sits	Core index fund	Core index fund
Issuer	iShares	iShares
What it is	J.P. Morgan USD Emerging Markets Bond	U.S. Treasury Bond
Total return, 1 year	+2.8%	−1.0%
S&P 500 over the same days	+17.5%	+17.5%
Gap to the S&P 500	−14.7 pts	−18.5 pts
Expense ratio	0.39%	0.05%
Holdings	681	223

EMB in plain words

EMB is a bond fund tracking the J.P. Morgan USD Emerging Markets Bond. Over the year to Sep 11, 2026 it returned +2.8% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.39% a year.

GOVT in plain words

GOVT is a bond fund tracking the U.S. Treasury Bond. Over the year to Sep 11, 2026 it returned −1.0% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.05% a year. It sat 8.4% below its high of Aug 4, 2020 on Sep 11, 2026.

Questions people ask

Which returned more over the last year, EMB or GOVT?: In the year to Sep 12, 2026, with distributions reinvested, EMB returned +2.8% and GOVT returned −1.0%, so EMB returned more. One year is one year; the longer windows are in the table.
Which is cheaper, EMB or GOVT?: EMB charges 0.39% a year and GOVT charges 0.05%, so GOVT is cheaper. Fees come from each fund's prospectus.

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Where these figures came from

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

EMB against GOVT, ETFIQ, data as of Sep 12, 2026. Every figure is arithmetic on a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, EMB against GOVT, data as of Sep 12, 2026. https://etfiq.com/compare/any/EMB-GOVT Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. Standards and sources