Data as of Oct 28, 2026.

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EMB vs VUG: Differences, Returns & Fees

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Over the year to Oct 28, 2026, EMB returned −0.4% to VUG's +6.6%; 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 $232.9bn on Sep 30, 2026 for Vanguard Morningstar Growth ETF.

At a glance
−0.4%
EMB total return, 1 year
+6.6%
VUG total return, 1 year
0.39%
EMB expense ratio
0.03%
VUG expense ratio

Pair scorecard

VUG costs 0.36 points a year less; their one-year returns differ by 7.0 points; VUG is 18.1 times larger.

EMB vs VUG: Differences, Returns & Fees
MeasureEMBVUG
Return
Total return, 1 year−0.4%+6.6%
Drawdown
Below its high3.5%, high on Jun 29, 20264.1%, high on Oct 6, 2026
Benchmark
What it tracksJ.P. Morgan EMBI Global Core IndexMorningstar US Large Cap Growth Index
Cost and size
Expense ratio0.39%0.03%
Net assets, as of Sep 30, 2026$12.9bn$232.9bn
Holdings
Holdings in common0%
In the S&P 500, by weight97%
Top ten holdings, share of the fund63.1%

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 VUG 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 VUG
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 VUG
NVIDIA Corp 13.49%
Apple Inc 12.51%
Microsoft Corp 9.74%
Alphabet Inc 5.16%
Broadcom Inc 4.34%
Amazon.com Inc 4.26%
Meta Platforms Inc 4.23%
Alphabet Inc 4.09%
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Side by side

EMB iShares J.P. Morgan USD Emerging Markets Bond ETF VUG Vanguard Morningstar Growth ETF
Where it sits Bond ETF Stock ETF
What it is Tracks the J.P. Morgan USD Emerging Markets Bond Tracks an index of US growth
Total return, 1 year −0.4% +6.6%
Expense ratio 0.39% 0.03%
Holdings 622 137
Net assets, EMB as of Oct 28, 2026 and VUG as of Sep 30, 2026 $13.2bn $232.9bn

EMB and VUG 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.

VUG

VUG tracks an index of US growth. Over the year to Oct 28, 2026 it returned +6.6% with distributions reinvested. The prospectus expense ratio is 0.03% a year. By its holdings published by its issuer as of Sep 30, 2026, 97% of the fund by weight is stocks the S&P 500 also holds, across 137 positions, with the top ten at 63.1%. It sat 4.1% below its high of Oct 6, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, EMB or VUG?
In the year to Oct 28, 2026, with distributions reinvested, EMB returned −0.4% and VUG +6.6%.
Which is cheaper, EMB or VUG?
VUG is cheaper, by 0.36 percentage points a year. That is about $36 on $10,000 held for a year. Fees come from each fund's prospectus.
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ETFIQ, EMB against VUG, data as of Oct 28, 2026. https://etfiq.com/compare/any/emb-vs-vug

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