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

In the year to Oct 28, 2026, with distributions reinvested, EMB returned −0.4% and JAAA +4.7%.

Which is cheaper, EMB or JAAA?

JAAA is cheaper, by 0.19 percentage points a year. That is about $19 on $10,000 held for a year. Fees come from each fund's prospectus.

Data as of Oct 28, 2026.

Across categories

EMB vs JAAA: Differences, Returns & Fees

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On Jul 31, 2026 EMB's duration was 6.5 years and JAAA's 0.0; JAAA charges 0.20% to EMB's 0.39%.

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Net assets on Oct 28, 2026: $13.2bn for iShares J.P. Morgan USD Emerging Markets Bond ETF and $32.5bn for Janus Henderson AAA CLO ETF.

EMB on its own →JAAA on its own →

At a glance

−0.4%

EMB total return, 1 year

+4.7%

JAAA total return, 1 year

0.39%

EMB expense ratio

0.20%

JAAA expense ratio

Pair scorecard

JAAA costs 0.19 points a year less; their one-year returns differ by 5.1 points; JAAA is 2.5 times larger.

EMB vs JAAA: Differences, Returns & Fees
Measure	EMB	JAAA
Return
Measure	EMB	JAAA
Total return, 1 year	−0.4%	+4.7%
Drawdown
Measure	EMB	JAAA
Below its high	3.5%, high on Jun 29, 2026
Benchmark
Measure	EMB	JAAA
What it tracks	J.P. Morgan EMBI Global Core Index	No index, actively managed
Cost and size
Measure	EMB	JAAA
Expense ratio	0.39%	0.20%
Net assets	$13.2bn	$32.5bn
Holdings
Measure	EMB	JAAA
Holdings in common	0%

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

What they share

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

50%

0 half 100%

half

0% in common

Positions both hold · largest shared weight first EMB JAAA

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 JAAA

KKR CLO 35 Ltd., Series 35A, Class AR, due Jan 20, 2038 0.85%

AB BSL CLO 1 Ltd., Series 2020-1A, Class A1R2, due Oct 15, 2038 0.78%

Anchorage Capital CLO 16 Ltd., Series 2020-16A, Class A1R2, due Jan 19, 2038 0.73%

Palmer Square CLO Ltd., Series 2018-2A, Class A1R2, due Apr 16, 2037 0.68%

Ares LXI CLO Ltd., Series 2021-61A, Class A1R2, due Apr 20, 2037 0.68%

Carlyle US CLO Ltd., Series 2021-8A, Class A1R, due Oct 15, 2038 0.62%

WISE CLO Ltd., Series 2024-1A, Class AR, due Apr 15, 2037 0.62%

Magnetite XXXII Ltd., Series 2022-32A, Class AR, due Oct 15, 2037 0.60%

Check overlap with more funds →

Side by side

EMB iShares J.P. Morgan USD Emerging Markets Bond ETF JAAA Janus Henderson AAA CLO ETF

Where it sits Bond ETF Bond ETF

Issuer iShares Janus Henderson

What it is Tracks the J.P. Morgan USD Emerging Markets Bond Actively managed

Total return, 1 year −0.4% +4.7%

Expense ratio 0.39% 0.20%

Holdings 622 598

Net assets $13.2bn $32.5bn

EMB and JAAA 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.

JAAA

JAAA is actively managed and tracks no index. Over the year to Oct 28, 2026 it returned +4.7% with distributions reinvested. The prospectus expense ratio is 0.20% a year.

Questions people ask

Which returned more over the last year, EMB or JAAA?: In the year to Oct 28, 2026, with distributions reinvested, EMB returned −0.4% and JAAA +4.7%.
Which is cheaper, EMB or JAAA?: JAAA is cheaper, by 0.19 percentage points a year. That is about $19 on $10,000 held for a year. Fees come from each fund's prospectus.

Other comparisons

EMB vs IEI EMB vs VBIL EMB vs PFF EMB vs VUSB JAAA vs VBIL JAAA vs TIP JAAA vs PFF JAAA vs SPSB

Where to next

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

Sources and dates

EMB filings on SEC EDGAR ↗

EMB prospectus with the expense ratio (SEC) ↗

iShares page for EMB ↗

JAAA filings on SEC EDGAR ↗

JAAA prospectus with the expense ratio (SEC) ↗

Janus Henderson page for JAAA ↗

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 JAAA, data as of Oct 28, 2026. https://etfiq.com/compare/any/emb-vs-jaaa

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