iShares JP Morgan USD Emerging Markets Bond ETF (EMB)
Bonds · Emerging Markets · data since 2007-12-19 · last close 2026-10-26
iShares JP Morgan USD Emerging Markets Bond ETF (EMB) monthly returns (%)
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.3 | 1.6 | -3.5 | 2.5 | 1.1 | 0.4 | -1.9 | 0.1 | -4.2 | 1.2 | · | · |
| 2025 | 1.7 | 2.1 | -1.1 | -0.3 | 1.2 | 2.7 | 0.7 | 1.8 | 1.6 | 2.0 | 0.5 | 0.3 |
| 2024 | -1.2 | 0.8 | 2.0 | -2.4 | 2.6 | -0.2 | 2.7 | 2.3 | 2.0 | -2.4 | 1.8 | -2.2 |
| 2023 | 3.9 | -2.7 | 1.7 | 0.3 | -1.2 | 2.5 | 1.7 | -1.9 | -3.3 | -1.2 | 6.2 | 4.5 |
| 2022 | -3.4 | -5.5 | -1.1 | -6.7 | 0.8 | -6.2 | 3.6 | -2.7 | -6.6 | -0.2 | 10.1 | -1.4 |
| 2021 | -1.8 | -3.0 | -0.7 | 2.4 | 1.0 | 0.9 | 0.6 | 0.9 | -2.6 | 0.2 | -1.9 | 2.2 |
| 2020 | 1.2 | -1.3 | -15.0 | 4.4 | 6.3 | 3.0 | 3.9 | 0.7 | -2.1 | -0.5 | 4.2 | 2.2 |
| 2019 | 4.8 | 0.4 | 1.5 | 0.2 | 0.5 | 3.5 | 0.7 | 1.6 | -1.1 | 0.6 | -0.9 | 3.0 |
| 2018 | -0.6 | -2.2 | 0.6 | -2.0 | -0.8 | -1.5 | 2.6 | -2.3 | 2.0 | -2.5 | -0.5 | 1.9 |
| 2017 | 1.7 | 1.7 | 0.5 | 1.7 | 0.8 | -0.7 | 1.2 | 2.0 | -0.2 | 0.2 | -0.3 | 1.3 |
| 2016 | 0.0 | 1.8 | 3.3 | 1.6 | -0.2 | 4.2 | 1.4 | 1.3 | 0.4 | -1.7 | -4.3 | 1.5 |
| 2015 | 1.9 | 1.0 | 0.0 | 1.2 | -0.3 | -1.8 | 0.1 | -1.1 | -1.1 | 2.4 | 0.3 | -1.5 |
| 2014 | -0.8 | 3.4 | 1.2 | 1.1 | 3.5 | 0.0 | -0.3 | 1.3 | -2.2 | 2.0 | -0.4 | -2.7 |
| 2013 | -2.9 | 0.3 | -0.9 | 3.6 | -4.9 | -4.4 | 0.2 | -2.4 | 3.1 | 2.5 | -2.0 | 0.3 |
| 2012 | 1.1 | 2.5 | -0.1 | 1.8 | -2.8 | 4.1 | 3.7 | 1.2 | 1.8 | 0.6 | 0.9 | 0.7 |
| 2011 | -1.0 | -0.1 | 1.6 | 1.7 | 1.4 | 0.6 | 2.0 | 0.5 | -4.8 | 5.2 | -1.3 | 1.9 |
| 2010 | -0.5 | 1.3 | 2.6 | 0.5 | -1.8 | 2.4 | 4.0 | 2.6 | 1.6 | 1.9 | -4.4 | 0.4 |
| 2009 | -7.0 | -5.6 | 5.1 | 7.7 | 2.9 | 1.0 | 3.1 | 2.4 | 5.2 | -0.5 | 0.8 | 0.2 |
| 2008 | 0.9 | -0.4 | 0.1 | 1.2 | 0.1 | -2.0 | 0.8 | 0.7 | -7.1 | -19.4 | 9.6 | 17.7 |
| 2007 | · | · | · | · | · | · | · | · | · | · | · | 0.3 |
| Avg | -0.1 | -0.2 | -0.1 | 1.1 | 0.5 | 0.4 | 1.6 | 0.5 | -0.9 | -0.6 | 1.0 | 1.6 |
| Median | 0.0 | 0.4 | 0.5 | 1.2 | 0.8 | 0.6 | 1.4 | 0.9 | -1.1 | 0.2 | 0.0 | 0.7 |
October so far: +1.2% against an average of -0.6% and a median of +0.2% across 18 completed Octobers, 10 of them positive.
Values in %. Current and first-listed months are partial (greyed) and are left out of the Avg and Median rows.
returnsview.com
EMB seasonality — average by calendar month
iShares JP Morgan USD Emerging Markets Bond ETF has monthly history back to 2007. Its strongest month by median is July — positive in 17 of 19 years, median +1.4%, and higher in 8 of the last 9. September is the soft spot, down in 11 of 19 with a median of -1.1%. Across its full record it has closed 64% of months higher, swings ±3.3% in an average month and has fallen 34.7% peak to trough.
| Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Avg | -0.1% | -0.2% | -0.1% | +1.1% | +0.5% | +0.4% | +1.6% | +0.5% | -0.9% | -0.6% | +1.0% | +1.6% |
| Win rate | 53%/19 | 58%/19 | 63%/19 | 79%/19 | 63%/19 | 63%/19 | 89%/19 | 74%/19 | 42%/19 | 56%/18 | 50%/18 | 79%/19 |
Win rate = share of positive months / sample size.
EMB risk & extremes
EMB drawdown & rolling returns
Percent below the all-time high at each month-end — how far underwater the asset was.
Related stocks
Frequently asked questions
What was iShares JP Morgan USD Emerging Markets Bond ETF's best month?+
iShares JP Morgan USD Emerging Markets Bond ETF's strongest completed month on record is December 2008, at +17.70%.
What was iShares JP Morgan USD Emerging Markets Bond ETF's worst month?+
Its weakest completed month on record is October 2008, at -19.39%.
Is iShares JP Morgan USD Emerging Markets Bond ETF up this year?+
iShares JP Morgan USD Emerging Markets Bond ETF is down 2.46% year to date, measured from its last close before 1 January.
What is iShares JP Morgan USD Emerging Markets Bond ETF's 1-year return?+
-1.28% over the past twelve months, comparing the latest close with the most recent close on or before the same date a year earlier.
What is iShares JP Morgan USD Emerging Markets Bond ETF's biggest drawdown?+
The deepest peak-to-trough fall on record is 34.7%, measured on month-end closes since 2007.
Which calendar month is historically best for iShares JP Morgan USD Emerging Markets Bond ETF?+
July has the highest average return across every completed July since 2007. An average is not a forecast.
About iShares JP Morgan USD Emerging Markets Bond ETF
iShares JP Morgan USD Emerging Markets Bond ETF is an emerging markets business worth about $13 billion. Tracked here from its first session onward — every monthly, quarterly and weekly return on record since 2007, with no gaps filled in and nothing smoothed. And the long game: $100 at its first close here (2007) would be about $219 today.
Did you know?
- Its best month on record was December 2008 at +17.7%; its worst, October 2008 at -19.39%.
- It has closed July in the green 17 out of 19 times — not a promise, just a suspicious habit.
Trivia for entertainment — the numbers come from our price data; the jokes don't.