EMB vs VWOB: Differences, Returns & Fees

On Jul 31, 2026 EMB's duration was 6.5 years and VWOB's 6.4; VWOB charges 0.15% to EMB's 0.39%. Net assets: $12.9bn on Oct 9, 2026 for iShares J.P. Morgan USD Emerging Markets Bond ETF, and $6.1bn on Sep 30, 2026 for Vanguard Emerging Markets Government Bond ETF.

VWOB costs 0.24 points a year less; their one-year returns differ by 0.5 points; EMB is 2.1 times larger.

EMBVWOB
Expense ratio0.39%0.15%
Net assets, as of Sep 30, 2026$12.9bn$6.1bn
Total return, 1 year+1.0%+0.5%
What it tracksJ.P. Morgan EMBI Global Core Indexnot read by ETFIQ
Holdings in common58%
Below its high4.1%, high on Jun 29, 20264.2%, high on Jun 29, 2026

Holdings in common uses holdings dated Jul 31, 2026.

+1.0%
EMB total return, 1 year
+0.5%
VWOB total return, 1 year
0.39%
EMB expense ratio
0.15%
VWOB expense ratio

What they hold in common

By the books each fund has filed, EMB and VWOB hold 58% of their money in the same securities at the same weight. Above 50%, holding both is close to holding one of them twice. Holdings dated Jul 31, 2026.

half

58% in common

Positions both hold, largest shared weight first
Holding EMB VWOB
Argentina Republic Government International Bonds, due Jul 9, 2035 1.21% 1.20%
Argentina Republic Government International Bonds, due Jan 9, 2038 0.70% 0.71%
Argentina Republic Government International Bonds, due Jul 9, 2030 0.65% 0.67%
Argentina Republic Government International Bonds, due Jul 9, 2041 0.57% 0.58%
Eagle Funding Luxco Sarl, due Aug 17, 2030 0.50% 0.41%
Ecuador Government International Bonds, due Jul 31, 2035 0.78% 0.37%
Brazil Government International Bonds, due Mar 15, 2035 0.37% 0.34%
Petroleos Mexicanos, due Jan 23, 2050 0.31% 0.55%
Petroleos Mexicanos, due Feb 16, 2032 0.29% 0.51%
Brazilian Government International Bond, due May 22, 2036 0.28% 0.26%
Uruguay Government International Bonds, due Jun 18, 2050 0.51% 0.25%
Brazilian Government International Bond, due Jan 12, 2056 0.27% 0.25%
Only in EMB
Angolan Government International Bond, due Mar 31, 2037 0.29%
China Life Insurance Overseas Co Ltd/Hong Kong, due Aug 15, 2033 0.28%
Republic of Kenya Government International Bond, due Feb 26, 2039 0.19%
Latvia Government International Bond, due Jul 30, 2034 0.18%
Bahrain Government International Bond, due Feb 3, 2038 0.17%
Serbia International Bond, due May 6, 2036 0.17%
Magyar Export-Import Bank Zrt, due Dec 4, 2027 0.16%
Petronas Capital Ltd, due Jan 28, 2032 0.16%
Only in VWOB
EAGLE LUXCO, due Aug 17, 2030 0.47%
QATAR STATE OF, due Apr 23, 2048 0.38%
QATAR STATE OF, due Mar 14, 2049 0.38%
PROV BUENOS AIRE, due Sep 1, 2037 0.34%
QATAR STATE OF, due Apr 23, 2028 0.32%
QATAR STATE OF, due Apr 16, 2050 0.31%
QATAR STATE OF, due Mar 14, 2029 0.29%
ABU DHABI GOVT, due Oct 11, 2027 0.28%

Check overlap with more funds →

On the same fields

EMB
iShares J.P. Morgan USD Emerging Markets Bond ETF
VWOB
Vanguard Emerging Markets Government Bond ETF
Where it sits Bond ETF Bond ETF
What it is Tracks the J.P. Morgan USD Emerging Markets Bond Tracks an index
Total return, 1 year +1.0% +0.5%
S&P 500 over the same days +17.3% +17.3%
Gap to the S&P 500 −16.2 pts −16.8 pts
Expense ratio 0.39% 0.15%
Holdings 616 944
Net assets, EMB as of Oct 9, 2026 and VWOB as of Sep 30, 2026 $12.9bn $6.1bn

EMB and VWOB on the fields both publish, as of Oct 9, 2026. Source: ETFIQ.

EMB in plain words

EMB tracks the J.P. Morgan USD Emerging Markets Bond. Over the year to Oct 9, 2026 it returned +1.0% with distributions reinvested. The prospectus expense ratio is 0.39% a year. It sat 4.1% below its high of Jun 29, 2026 on Oct 9, 2026.

VWOB in plain words

VWOB tracks an index. Over the year to Oct 9, 2026 it returned +0.5% with distributions reinvested. The prospectus expense ratio is 0.15% a year. It sat 4.2% below its high of Jun 29, 2026 on Oct 9, 2026.

Questions people ask

Which returned more over the last year, EMB or VWOB?
In the year to Oct 9, 2026, with distributions reinvested, EMB returned +1.0% and VWOB +0.5%.
Which is cheaper, EMB or VWOB?
VWOB 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.
Cite this pageCitation, APA and Markdown

ETFIQ, EMB against VWOB, data as of Oct 9, 2026. https://etfiq.com/compare/any/emb-vs-vwob

Open data

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