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

In the year to Oct 28, 2026, with distributions reinvested, EMB returned −0.4% and USFR +4.1%.

Which is cheaper, EMB or USFR?

USFR 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.

Data as of Oct 28, 2026.

Across categories

EMB vs USFR: Differences, Returns & Fees

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EMB's duration was 6.5 years on Jul 31, 2026 and USFR's 0.0 on May 31, 2026; USFR charges 0.15% 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 $17.0bn on May 31, 2026 for WisdomTree Floating Rate Treasury Fund.

EMB on its own →USFR on its own →

At a glance

−0.4%

EMB total return, 1 year

+4.1%

USFR total return, 1 year

0.39%

EMB expense ratio

0.15%

USFR expense ratio

Pair scorecard

USFR costs 0.24 points a year less; their one-year returns differ by 4.5 points.

EMB vs USFR: Differences, Returns & Fees
Measure	EMB	USFR
Return
Measure	EMB	USFR
Total return, 1 year	−0.4%	+4.1%
Drawdown
Measure	EMB	USFR
Below its high	3.5%, high on Jun 29, 2026
Benchmark
Measure	EMB	USFR
What it tracks	J.P. Morgan EMBI Global Core Index	Bloomberg U.S. Treasury Floating Rate Bond Index
Cost and size
Measure	EMB	USFR
Expense ratio	0.39%	0.15%
Net assets, EMB as of Oct 28, 2026 and USFR as of May 31, 2026	$13.2bn	$17.0bn
Holdings
Measure	EMB	USFR
Holdings in common	0%

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

What they share

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

50%

0 half 100%

half

0% in common

Positions both hold · largest shared weight first EMB USFR

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 USFR

TF 0 10/31/27, due Oct 31, 2027 27.95%

TF 0 07/31/27, due Jul 31, 2027 27.93%

TF 0 01/31/28, due Jan 31, 2028 27.91%

TF 0 04/30/28, due Apr 30, 2028 15.90%

Check overlap with more funds →

Side by side

EMB iShares J.P. Morgan USD Emerging Markets Bond ETF USFR WisdomTree Floating Rate Treasury Fund

Where it sits Bond ETF Bond ETF

Issuer iShares WisdomTree

What it is Tracks the J.P. Morgan USD Emerging Markets Bond Tracks an index of Floating Rate Treasury

Total return, 1 year −0.4% +4.1%

Its benchmark over the same days not measured +4.0% (TFLO)

Gap to its benchmark not measured +0.1 pts vs TFLO

Expense ratio 0.39% 0.15%

Holdings 622 4

Net assets, EMB as of Oct 28, 2026 and USFR as of May 31, 2026 $13.2bn $17.0bn

EMB and USFR 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.

USFR

USFR tracks an index of Floating Rate Treasury. Over the year to Oct 28, 2026 it returned +4.1% with distributions reinvested, against +4.0% for its benchmark, the Bloomberg U.S. Treasury Floating Rate Bond Index. The prospectus expense ratio is 0.15% a year.

Questions people ask

Which returned more over the last year, EMB or USFR?: In the year to Oct 28, 2026, with distributions reinvested, EMB returned −0.4% and USFR +4.1%.
Which is cheaper, EMB or USFR?: USFR 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.

Other comparisons

BOXX vs EMB EMB vs SHV EMB vs VBIL EMB vs VUSB USFR vs VBIL TIP vs USFR PFF vs USFR FLOT vs USFR

Where to next

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

Sources and dates

EMB filings on SEC EDGAR ↗

EMB prospectus with the expense ratio (SEC) ↗

iShares page for EMB ↗

USFR filings on SEC EDGAR ↗

USFR prospectus with the expense ratio (SEC) ↗

WisdomTree page for USFR ↗

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

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