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

In the year to Oct 28, 2026, with distributions reinvested, EMB returned −0.4% and HYMB −1.0%.

Which is cheaper, EMB or HYMB?

HYMB is cheaper, by 0.04 percentage points a year. That is about $4 on $10,000 held for a year. Fees come from each fund's prospectus.

Data as of Oct 28, 2026.

Across categories

EMB vs HYMB: Differences, Returns & Fees

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EMB's duration was 6.5 years on Jul 31, 2026 and HYMB's 7.3 on Jun 30, 2026; HYMB charges 0.35% to EMB's 0.39%.

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Net assets: $13.2bn on Oct 28, 2026 for iShares J.P. Morgan USD Emerging Markets Bond ETF, and $3.8bn on Oct 27, 2026 for State Street SPDR Nuveen ICE High Yield Municipal Bond ETF.

EMB on its own →HYMB on its own →

At a glance

−0.4%

EMB total return, 1 year

−1.0%

HYMB total return, 1 year

0.39%

EMB expense ratio

0.35%

HYMB expense ratio

Pair scorecard

HYMB costs 0.04 points a year less; their one-year returns differ by 0.6 points; EMB is 3.5 times larger.

EMB vs HYMB: Differences, Returns & Fees
Measure	EMB	HYMB
Return
Measure	EMB	HYMB
Total return, 1 year	−0.4%	−1.0%
Drawdown
Measure	EMB	HYMB
Below its high	3.5%, high on Jun 29, 2026	4.7%, high on Jul 2, 2026
Benchmark
Measure	EMB	HYMB
What it tracks	J.P. Morgan EMBI Global Core Index	ICE US Select High Yield Crossover Municipal Index
Cost and size
Measure	EMB	HYMB
Expense ratio	0.39%	0.35%
Net assets, as of Oct 27, 2026	$13.2bn	$3.8bn
Holdings
Measure	EMB	HYMB
Holdings in common	0%

Holdings in common uses holdings dated Jun 30, 2026 and Jul 31, 2026. Method

What they share

By the books each fund has filed, EMB and HYMB hold 0% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Jul 31, 2026.

50%

0 half 100%

half

0% in common

Positions both hold · largest shared weight first EMB HYMB

Only in one fund ↓

Only in EMB

Argentina Republic Government International Bonds, due Jul 9, 2035 1.21%

Ecuador Government International Bonds, due Jul 31, 2035 0.78%

Argentina Republic Government International Bonds, due Jan 9, 2038 0.70%

Argentina Republic Government International Bonds, due Jul 9, 2030 0.65%

Argentina Republic Government International Bonds, due Jul 9, 2041 0.57%

Ghana Government International Bonds, due Jul 3, 2035 0.55%

Uruguay Government International Bonds, due Jun 18, 2050 0.51%

Eagle Funding Luxco Sarl, due Aug 17, 2030 0.50%

Only in HYMB

PUERTO RICO SALES TAX FING CORP SALES TAX REVENUE, due Jul 1, 2058 2.49%

PUERTO RICO SALES TAX FING CORP SALES TAX REVENUE, due Jul 1, 2058 1.52%

BUCKEYE OH TOBACCO SETTLEMENT FING AUTH, due Jun 1, 2055 1.25%

PUERTO RICO CMWLTH, due Jul 1, 2041 0.63%

PUERTO RICO SALES TAX FING CORP SALES TAX REVENUE, due Jul 1, 2053 0.61%

PUERTO RICO CMWLTH, due Jul 1, 2046 0.54%

NEW YORK ST LIBERTY DEV CORP LIBERTY REVENUE, due Nov 15, 2044 0.46%

MET PIER & EXPOSITION AUTH IL REVENUE, due Dec 15, 2042 0.43%

Check overlap with more funds →

Side by side

EMB iShares J.P. Morgan USD Emerging Markets Bond ETF HYMB State Street SPDR Nuveen ICE High Yield Municipal Bond ETF

Where it sits Bond ETF Bond ETF

Issuer iShares State Street

What it is Tracks the J.P. Morgan USD Emerging Markets Bond Tracks an index of Nuveen ICE High Yield Municipal Bond

Total return, 1 year −0.4% −1.0%

Its benchmark over the same days not measured −1.4% (AGG)

Gap to its benchmark not measured +0.4 pts vs AGG

Expense ratio 0.39% 0.35%

Holdings 622 2105

Net assets, EMB as of Oct 28, 2026 and HYMB as of Oct 27, 2026 $13.2bn $3.8bn

EMB and HYMB 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.

HYMB

HYMB tracks an index of Nuveen ICE High Yield Municipal Bond. Over the year to Oct 28, 2026 it returned −1.0% with distributions reinvested, against −1.4% for its benchmark, the Bloomberg U.S. Aggregate Bond Index. The prospectus expense ratio is 0.35% a year. It sat 4.7% below its high of Jul 2, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, EMB or HYMB?: In the year to Oct 28, 2026, with distributions reinvested, EMB returned −0.4% and HYMB −1.0%.
Which is cheaper, EMB or HYMB?: HYMB is cheaper, by 0.04 percentage points a year. That is about $4 on $10,000 held for a year. Fees come from each fund's prospectus.

Other comparisons

EMB vs VTEB EMB vs MUB EMB vs PFF EMB vs PCY HYMB vs TIP HYMB vs SCHP HYG vs HYMB HYMB vs IGIB

Where to next

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

Sources and dates

EMB filings on SEC EDGAR ↗

EMB prospectus with the expense ratio (SEC) ↗

iShares page for EMB ↗

HYMB filings on SEC EDGAR ↗

HYMB prospectus with the expense ratio (SEC) ↗

State Street website ↗

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

How this is computed

Overlap adds up the smaller of the two weights for each security both funds hold.

Cite this pageCitation, APA and Markdown

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

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Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.