Data as of Oct 28, 2026.

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EMB vs VBR: Differences, Returns & Fees

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Over the year to Oct 28, 2026, EMB returned −0.4% to VBR's +17.6%; 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 $35.1bn on Sep 30, 2026 for Vanguard Morningstar Small-Cap Value ETF.

At a glance
−0.4%
EMB total return, 1 year
+17.6%
VBR total return, 1 year
0.39%
EMB expense ratio
0.05%
VBR expense ratio

Pair scorecard

VBR costs 0.34 points a year less; their one-year returns differ by 18.0 points; VBR is 2.7 times larger.

EMB vs VBR: Differences, Returns & Fees
MeasureEMBVBR
Return
Total return, 1 year−0.4%+17.6%
Drawdown
Below its high3.5%, high on Jun 29, 20263.9%, high on Aug 14, 2026
Benchmark
What it tracksJ.P. Morgan EMBI Global Core IndexMorningstar US Small Cap Value Index
Cost and size
Expense ratio0.39%0.05%
Net assets, as of Sep 30, 2026$12.9bn$35.1bn
Holdings
Holdings in common0%
In the S&P 500, by weight30%
Top ten holdings, share of the fund5.9%

Holdings in common uses holdings dated Sep 30, 2026 and Oct 27, 2026. Method

What they share

0%

By the books each fund has filed, EMB and VBR hold 0% of their money in the same securities at the same weight. Holdings dated Sep 30, 2026 and Oct 27, 2026.

0 half 100%

half

0% in common

Positions both hold · largest shared weight first EMB VBR
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 VBR
Moderna Inc 0.79%
Jabil Inc 0.68%
SLCMT1142 0.62%
Williams-Sonoma Inc 0.61%
Atmos Energy Corp 0.60%
F5 Inc 0.57%
Smurfit Westrock PLC 0.53%
Tapestry Inc 0.52%
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Side by side

EMB iShares J.P. Morgan USD Emerging Markets Bond ETF VBR Vanguard Morningstar Small-Cap Value ETF
Where it sits Bond ETF Stock ETF
What it is Tracks the J.P. Morgan USD Emerging Markets Bond Tracks an index of Small-Cap Value
Total return, 1 year −0.4% +17.6%
Expense ratio 0.39% 0.05%
Holdings 622 822
Net assets, EMB as of Oct 28, 2026 and VBR as of Sep 30, 2026 $13.2bn $35.1bn

EMB and VBR 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.

VBR

VBR tracks an index of Small-Cap Value. Over the year to Oct 28, 2026 it returned +17.6% with distributions reinvested. The prospectus expense ratio is 0.05% a year. By its holdings published by its issuer as of Sep 30, 2026, 30% of the fund by weight is stocks the S&P 500 also holds, across 822 positions, with the top ten at 5.9%. It sat 3.9% below its high of Aug 14, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, EMB or VBR?
In the year to Oct 28, 2026, with distributions reinvested, EMB returned −0.4% and VBR +17.6%.
Which is cheaper, EMB or VBR?
VBR is cheaper, by 0.34 percentage points a year. That is about $34 on $10,000 held for a year. Fees come from each fund's prospectus.
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ETFIQ, EMB against VBR, data as of Oct 28, 2026. https://etfiq.com/compare/any/emb-vs-vbr

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