Data as of Oct 28, 2026.

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EMB vs GARP: Differences, Returns & Fees

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Over the year to Oct 28, 2026, EMB returned −0.4% to GARP's +18.0%; 0% of their weight is in the same names.

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Net assets: $13.2bn on Oct 28, 2026 for iShares J.P. Morgan USD Emerging Markets Bond ETF, and $3.6bn on Oct 27, 2026 for iShares MSCI USA Quality GARP ETF.

At a glance
−0.4%
EMB total return, 1 year
+18.0%
GARP total return, 1 year
0.39%
EMB expense ratio
0.15%
GARP expense ratio

Pair scorecard

GARP costs 0.24 points a year less; their one-year returns differ by 18.4 points; EMB is 3.7 times larger.

EMB vs GARP: Differences, Returns & Fees
MeasureEMBGARP
Return
Total return, 1 year−0.4%+18.0%
Drawdown
Below its high3.5%, high on Jun 29, 20267.0%, high on Oct 6, 2026
Benchmark
What it tracksJ.P. Morgan EMBI Global Core IndexMSCI USA Quality GARP Select Index
Cost and size
Expense ratio0.39%0.15%
Net assets, as of Oct 27, 2026$13.2bn$3.6bn
Holdings
Holdings in common0%
In the S&P 500, by weight94%
Top ten holdings, share of the fund43.5%

Holdings in common uses holdings dated Oct 27, 2026. Method

What they share

0%

By the books each fund has filed, EMB and GARP hold 0% of their money in the same securities at the same weight. Holdings dated Oct 27, 2026.

0 half 100%

half

0% in common

Positions both hold · largest shared weight first EMB GARP
Only in one fund ↓
Only in EMB
ARGENTINA REPUBLIC OF GOVERNMENT 1.08%
ECUADOR REPUBLIC OF (GOVERNMENT) RegS 0.76%
ARGENTINA REPUBLIC OF GOVERNMENT 0.65%
ARGENTINA REPUBLIC OF GOVERNMENT 0.64%
GHANA (REPUBLIC OF) DISCO RegS 0.56%
URUGUAY (ORIENTAL REPUBLIC OF) 0.54%
ARGENTINA REPUBLIC OF GOVERNMENT 0.52%
EAGLE FUNDING LUXCO SARL RegS 0.52%
Only in GARP
MICROSOFT 5.67%
APPLE 5.66%
NVIDIA 5.18%
VISA CLASS A 5.13%
META PLATFORMS CLASS A 4.72%
MICRON TECHNOLOGY 4.61%
LAM RESEARCH 3.31%
CATERPILLAR INC 3.29%
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Side by side

EMB iShares J.P. Morgan USD Emerging Markets Bond ETF GARP iShares MSCI USA Quality GARP ETF
Where it sits Bond ETF Stock ETF
What it is Tracks the J.P. Morgan USD Emerging Markets Bond Tracks the MSCI USA Quality GARP
Total return, 1 year −0.4% +18.0%
Its benchmark over the same days not measured +13.3% (PBUS)
Gap to its benchmark not measured +4.7 pts vs PBUS
Expense ratio 0.39% 0.15%
Holdings 622 131
Net assets, EMB as of Oct 28, 2026 and GARP as of Oct 27, 2026 $13.2bn $3.6bn

EMB and GARP on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.

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About each fund
EMB

EMB tracks the J.P. Morgan USD Emerging Markets Bond. Over the year to Oct 28, 2026 it returned −0.4% with distributions reinvested. The prospectus expense ratio is 0.39% a year. It sat 3.5% below its high of Jun 29, 2026 on Oct 28, 2026.

GARP

GARP tracks the MSCI USA Quality GARP. Over the year to Oct 28, 2026 it returned +18.0% with distributions reinvested, against +13.3% for its benchmark, the MSCI USA Index. The prospectus expense ratio is 0.15% a year. By its holdings published by its issuer for Oct 27, 2026, 94% of the fund by weight is stocks the S&P 500 also holds, across 131 positions, with the top ten at 43.5%. It sat 7.0% below its high of Oct 6, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, EMB or GARP?
In the year to Oct 28, 2026, with distributions reinvested, EMB returned −0.4% and GARP +18.0%.
Which is cheaper, EMB or GARP?
GARP is cheaper, by 0.24 percentage points a year. That is about $24 on $10,000 held for a year. Fees come from each fund's prospectus.
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ETFIQ, EMB against GARP, data as of Oct 28, 2026. https://etfiq.com/compare/any/emb-vs-garp

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