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

In the year to Oct 28, 2026, with distributions reinvested, EMB returned −0.4% and GLDM +2.8%.

Which is cheaper, EMB or GLDM?

GLDM is cheaper, by 0.29 percentage points a year. That is about $29 on $10,000 held for a year. Fees come from each fund's own filings.

Data as of Oct 28, 2026.

Across categories

EMB vs GLDM: Differences, Returns & Fees

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EMB is a bond index fund and GLDM a commodity fund, and over the year to Oct 28, 2026, GLDM returned +2.8% against −0.4%.

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Net assets: $13.2bn on Oct 28, 2026 for iShares J.P. Morgan USD Emerging Markets Bond ETF, and $30.6bn on Oct 27, 2026 for SPDR Gold MiniShares Trust.

EMB on its own →GLDM on its own →

At a glance

−0.4%

EMB total return, 1 year

+2.8%

GLDM total return, 1 year

0.39%

EMB expense ratio

0.10%

GLDM expense ratio

Pair scorecard

GLDM costs 0.29 points a year less; their one-year returns differ by 3.2 points; GLDM is 2.3 times larger.

EMB vs GLDM: Differences, Returns & Fees
Measure	EMB	GLDM
Return
Measure	EMB	GLDM
Total return, 1 year	−0.4%	+2.8%
Drawdown
Measure	EMB	GLDM
Below its high	3.5%, high on Jun 29, 2026	24.5%, high on Jan 29, 2026
Benchmark
Measure	EMB	GLDM
What it tracks	J.P. Morgan EMBI Global Core Index	Gold
Cost and size
Measure	EMB	GLDM
Expense ratio	0.39%	0.10%
Net assets, as of Oct 27, 2026	$13.2bn	$30.6bn
Holdings
Measure	EMB	GLDM
Holdings in common	not published

Method

Side by side

EMB iShares J.P. Morgan USD Emerging Markets Bond ETF GLDM SPDR Gold MiniShares Trust

Where it sits Bond ETF Commodity ETF

Issuer iShares State Street

What it is Tracks the J.P. Morgan USD Emerging Markets Bond Holds gold

Total return, 1 year −0.4% +2.8%

Its benchmark over the same days not measured +2.5% (GLD)

Gap to its benchmark not measured +0.3 pts vs GLD

Expense ratio 0.39% 0.10%

Holdings 622 not counted

Net assets, EMB as of Oct 28, 2026 and GLDM as of Oct 27, 2026 $13.2bn $30.6bn

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

Alert

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.

GLDM

Its expense ratio is 0.10% a year, for the three months to Jun 30, 2026, as its 10-Q states.

GLDM holds gold. Over the year to Oct 28, 2026 it returned +2.8% with distributions reinvested, against +2.5% for its benchmark, the price of gold. It sat 24.5% below its high of Jan 29, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, EMB or GLDM?: In the year to Oct 28, 2026, with distributions reinvested, EMB returned −0.4% and GLDM +2.8%.
Which is cheaper, EMB or GLDM?: GLDM is cheaper, by 0.29 percentage points a year. That is about $29 on $10,000 held for a year. Fees come from each fund's own filings.

Other comparisons

EMB vs GLD EMB vs IAU EMB vs USO EMB vs SLV GLDM vs IGIB GLDM vs VTIP GLDM vs USHY GLDM vs SHY

Where to next

EMB on its own →GLDM on its own →Hold both: look the portfolio through →Rankings →EMB dividend history →EMB holdings →Standards and sources →

Sources and dates

EMB filings on SEC EDGAR ↗

EMB prospectus with the expense ratio (SEC) ↗

iShares page for EMB ↗

State Street website ↗

Links are sources, not endorsements. A comparison is not a recommendation.

Cite this pageCitation, APA and Markdown

ETFIQ, EMB against GLDM, data as of Oct 28, 2026. https://etfiq.com/compare/any/emb-vs-gldm

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