Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
EMB vs IEFA: how they differ
EMB and IEFA hold 0% of their weight in the same names, and IEFA returned more over the year.
iShares J.P. Morgan USD Emerging Markets Bond ETF and iShares Core MSCI EAFE ETF.
What they hold in common
By the books each fund has filed, EMB and IEFA hold 0% of their money in the same securities at the same weight.
| Only in EMB | Only in IEFA |
|---|---|
| Argentina Republic Government Internatio 1.12% | ASML Holding N.V. 2.23% |
| Argentina Republic Government Internatio 0.73% | HSBC HOLDINGS PLC 1.25% |
| Argentina Republic Government Internatio 0.64% | ASTRAZENECA PLC 1.17% |
| Argentina Republic Government Internatio 0.53% | Novartis AG 1.11% |
| Uruguay Government International Bonds 0.52% | Nestle S.A. 1.03% |
| EAGLE FUNDING LUXCO SARL 0.51% | SHELL PLC 1.03% |
| Republic of Poland Government Internatio 0.40% | Siemens Aktiengesellschaft 0.90% |
| UKRAINE GOVERNMENT 0.38% | COMMONWEALTH BANK OF AUSTRALIA 0.84% |
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 iShares J.P. Morgan USD Emerging Markets Bond ETF | IEFA iShares Core MSCI EAFE ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | iShares |
| What it is | J.P. Morgan USD Emerging Markets Bond | Core MSCI EAFE |
| Total return, 1 year | +2.8% | +18.0% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | −14.7 pts | +0.5 pts |
| Expense ratio | 0.39% | 0.07% |
| Holdings | 681 | 2632 |
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.
IEFA in plain words
IEFA is an index equity fund tracking the Core MSCI EAFE. Over the year to Sep 11, 2026 it returned +18.0% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.07% a year. By its holdings filed for Apr 30, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 2632 positions, with the top ten at 11.5%.
Questions people ask
- Which returned more over the last year, EMB or IEFA?
- In the year to Sep 12, 2026, with distributions reinvested, EMB returned +2.8% and IEFA returned +18.0%, so IEFA returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, EMB or IEFA?
- EMB charges 0.39% a year and IEFA charges 0.07%, so IEFA is cheaper. Fees come from each fund's prospectus.
Other comparisons
Where to next
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.
Cite this page. ETFIQ, EMB against IEFA, data as of Sep 12, 2026. https://etfiq.com/compare/any/EMB-IEFA Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources