iShares JP Morgan USD Em Mkts Bd (EMB) to GBP: Historical Returns

Simulation Settings

Category: Fixed Income

Period: January 1985 - June 2026 (~42 years)
Consolidated Returns as of 30 June 2026

Initial Amount: 1£

Currency: GBP

EMB is not denominated in GBP. Returns are simulated using exchange rates or interest rate differentials in case of currency hedging.

Inflation: UK

Change Settings

The minimum date range must be at least 12 months. 'Date To' cannot be beyond June 2026.

Date From:

Date To:

Inflation:

Cashflows Reset

Initial Amount:

Contribution Amount:

Contribution Frequency:

Generic Error - Please retry.

Default settings

Results

Inflation Adj:

The iShares JP Morgan USD Em Mkts Bd (EMB) to GBP ETF covers to the following investment themes:

Asset Class: Bond
Region: Emerging Markets
Country: Broad Emerging Markets
Bond - Duration: All-Term

As of June 2026, in the previous 30 Years, the iShares JP Morgan USD Em Mkts Bd (EMB) to GBP ETF obtained a 9.27% compound annual return, with a 13.90% standard deviation. It suffered a maximum drawdown of -33.06% that required 26 months to be recovered.

Disclaimer: The simulations on this website are provided in good faith but should NOT be taken as investment advice. We are not liable for any errors or actions based on this information. The authors of the website are not affiliated with the ETFs/Assets issuers. Content is for informational, educational, illustrative and entertainment purposes only.

The iShares JP Morgan USD Em Mkts Bd (EMB) ETF is part of the following Lazy Portfolios:

Portfolio Name	EMB Weight▾	Currency
All Country World Bonds To GBP	15.00%	GBP
All Country World 20/80 To GBP	12.00%	GBP
All Country World 20/80 To GBP Bond Hedged	12.00%	GBP Hedged
All Country World 40/60 To GBP	9.00%	GBP
All Country World 40/60 To GBP Bond Hedged	9.00%	GBP Hedged
All Country World 60/40 To GBP	6.00%	GBP
All Country World 60/40 To GBP Bond Hedged	6.00%	GBP Hedged
All Country World 80/20 To GBP	3.00%	GBP
All Country World 80/20 To GBP Bond Hedged	3.00%	GBP Hedged

Investment Returns as of Jun 30, 2026

Returns are calculated in GBP, assuming:

no fees or capital gain taxes.
dividend reinvestment, when applicable.
for non-GBP assets, the adjustment for actual currency exchange rates.
the actual UK Inflation rates.

ISHARES JP MORGAN USD EM MKTS BD (EMB) TO GBP ETF

Capital Growth

Inflation Adj:

Swipe left to see all data

	Chg (%)		Return (%)	Return (%) as of Jun 30, 2026
	1 Day	Time ET^(*)	---	YTD (6M)	1M	6M	1Y	5Y	10Y	30Y	MAX (~42Y)
Investment Return	---		---	5.37	1.93	5.37	15.42	3.02	3.24	9.27	9.11
UK Inflation Adjusted Return				3.72	1.93	3.72	12.59	-1.93	-0.29	6.66	5.99
Returns over 1 year are annualized
(*) Eastern Time (ET - America/New York)
The live monthly return is calculated by assuming, for each asset, the weight defined by the base asset allocation.
UK Inflation is updated to May 2026. Pending updates, the monthly inflation is set at 0% for the subsequent periods. Inflation (annualized) is 1Y: 2.52% , 5Y: 5.04% , 10Y: 3.53% , 30Y: 2.44%

Readings that may interest you

Investment Metrics as of Jun 30, 2026

Metrics are calculated based on monthly returns, assuming:

no fees or capital gain taxes.
dividend reinvestment, when applicable.
for non-GBP assets, the adjustment for actual currency exchange rates.
the actual UK Inflation rates.

ISHARES JP MORGAN USD EM MKTS BD (EMB) TO GBP ETF

Advanced Metrics

1 January 1985 - 30 June 2026 (~42 years)

Swipe left to see all data

	Metrics as of Jun 30, 2026
	YTD (6M)	1M	3M	6M	1Y	3Y	5Y	10Y	20Y	30Y	MAX (~42Y)
Investment Return (%)	5.37	1.93	4.90	5.37	15.42	8.29	3.02	3.24	6.98	9.27	9.11
Growth of 1£	1.05	1.02	1.05	1.05	1.15	1.27	1.16	1.37	3.85	14.27	37.33
Infl. Adjusted Return (%)	3.72	1.93	3.91	3.72	12.59	5.45	-1.93	-0.29	3.94	6.66	5.99
UK Inflation (%)	1.60	0.00	0.96	1.60	2.52	2.69	5.04	3.53	2.92	2.44	2.95
Pending updates, the monthly inflation of Jun 2026 and beyond is set at 0%. Returns / Inflation rates over 1 year are annualized.
DRAWDOWN Inflation Adjusted: Inflation Adjusted:				Current	1Y	3Y	5Y	10Y	20Y	30Y	MAX
Deepest Drawdown Depth (%)				0.00	-3.74	-7.63	-12.15	-16.97	-16.97	-33.06	-33.06
Start to Recovery (# months)					4	8	39	74	74	26	26
Start (yyyy mm)					2025 11	2025 03	2021 09	2019 09	2019 09	1997 10	1997 10
Start to Bottom (# months)					3	3	14	38	38	11	11
Bottom (yyyy mm)					2026 01	2025 05	2022 10	2022 10	2022 10	1998 08	1998 08
Bottom to End (# months)					1	5	25	36	36	15	15
End (yyyy mm)					2026 02	2025 10	2024 11	2025 10	2025 10	1999 11	1999 11
Longest Drawdown Depth (%)					same	same	same	same	same	-16.97	-16.97
Start to Recovery (# months)					same	same	same	same	same	74	74
Start (yyyy mm)					2025 11	2025 03	2021 09	2019 09	2019 09	2019 09	2019 09
Start to Bottom (# months)					3	3	14	38	38	38	38
Bottom (yyyy mm)					2026 01	2025 05	2022 10	2022 10	2022 10	2022 10	2022 10
Bottom to End (# months)					1	5	25	36	36	36	36
End (yyyy mm)					2026 02	2025 10	2024 11	2025 10	2025 10	2025 10	2025 10
Longest negative period (# months)					6	11	47	84	84	84	84
Start (yyyy mm)					2025 11	2025 03	2021 07	2016 11	2016 11	2016 11	2016 11
End (yyyy mm)					2026 04	2026 01	2025 05	2023 10	2023 10	2023 10	2023 10
Annualized Return (%)					-0.87	-0.13	-0.13	-0.29	-0.29	-0.29	-0.29
Adjusting for units held makes the drawdown reflect real performance, just like in the no-cash-flow case.
Deepest Drawdown Depth (%)				-18.14	-3.59	-9.24	-24.15	-30.68	-30.68	-33.70	-34.79
Start to Recovery (# months)				82*	7	8	58*	82*	82*	26	92
Start (yyyy mm)					2025 12	2025 03	2021 09	2019 09	2019 09	1997 10	1985 03
Start to Bottom (# months)					2	3	26	50	50	11	68
Bottom (yyyy mm)					2026 01	2025 05	2023 10	2023 10	2023 10	1998 08	1990 10
Bottom to End (# months)					5	5	32	32	32	15	24
End (yyyy mm)					2026 06	2025 10	-	-	-	1999 11	1992 10
Longest Drawdown Depth (%)					same	same	same	same	same	-30.68	same
Start to Recovery (# months)					same	same	same	same	same	82*	same
Start (yyyy mm)					2025 12	2025 03	2021 09	2019 09	2019 09	2019 09	1985 03
Start to Bottom (# months)					2	3	26	50	50	50	68
Bottom (yyyy mm)					2026 01	2025 05	2023 10	2023 10	2023 10	2023 10	1990 10
Bottom to End (# months)					5	5	32	32	32	32	24
End (yyyy mm)					2026 06	2025 10	-	-	-	-	1992 10
Longest negative period (# months)					6	18	60*	120*	120*	120*	120*
Start (yyyy mm)					2025 11	2024 01	2021 07	2016 07	2016 07	2016 07	2016 07
End (yyyy mm)					2026 04	2025 06	2026 06	2026 06	2026 06	2026 06	2026 06
Annualized Return (%)					-3.97	-0.97	-1.93	-0.29	-0.29	-0.29	-0.29
Drawdowns / Negative periods marked with * are in progress
Adjusting for units held makes the drawdown reflect real performance, just like in the no-cash-flow case.
RISK INDICATORS					1Y	3Y	5Y	10Y	20Y	30Y	MAX
Standard Deviation (%)					7.73	7.13	7.63	9.30	11.67	13.90	14.16
Sharpe Ratio					1.50	0.52	-0.06	0.11	0.47	0.51	0.42
Sortino Ratio					2.12	0.74	-0.08	0.15	0.73	0.70	0.59
Ulcer Index					1.18	2.42	6.25	8.16	6.68	7.06	8.15
Ratio: Return / Standard Deviation					1.99	1.16	0.40	0.35	0.60	0.67	0.64
Ratio: Return / Deepest Drawdown					4.12	1.09	0.25	0.19	0.41	0.28	0.28
Positive Months (%)					58.33	63.88	56.66	55.83	58.33	61.11	59.43
Positive Months					7	23	34	67	140	220	296
Negative Months					5	13	26	53	100	140	202
LONG TERM RETURNS Inflation Adjusted: Inflation Adjusted:					1Y	3Y	5Y	10Y	20Y	30Y	MAX
Best 10 Years Return (%) - Annualized								3.24	11.72	16.44	18.66
Worst 10 Years Return (%) - Annualized								3.24	3.24	3.24	3.24
Best 10 Years Return (%) - Annualized								-0.29	9.09	14.32	16.63
Worst 10 Years Return (%) - Annualized								-0.29	-0.29	-0.29	-0.29
TIMEFRAMES Inflation Adjusted: Inflation Adjusted:		1M	3M	6M	1Y	3Y	5Y	10Y	20Y	30Y	MAX
··· As of Jun 2026 - Over the previous 30Y
Best Rolling Return (%) - Annualized					45.77	33.66	26.75	16.44	12.82	9.27
Worst Rolling Return (%) - Annualized					-30.76	-4.40	-1.52	3.24	6.27	9.27
Positive Periods (%)					74.7	91.3	97.6	100.0	100.0	100.0
Best Rolling Return (%) - Annualized					44.91	32.07	25.25	14.32	10.57	6.66
Worst Rolling Return (%) - Annualized					-31.67	-10.20	-5.65	-0.29	3.25	6.66
Positive Periods (%)					66.4	84.9	81.7	99.5	100.0	100.0
95% VaR - Value at Risk (%) - Cumulative		5.78	8.96	11.22	9.01	6.12	0.00	0.00	0.00
95% CVaR - Conditional Value at Risk (%)		7.44	11.84	15.30	13.24	10.55	1.60	0.00	0.00
99% VaR - Value at Risk (%) - Cumulative		8.51	13.69	17.92	15.58	12.32	5.01	0.00	0.00
99% CVaR - Conditional Value at Risk (%)		10.25	16.71	22.18	29.64	12.52	6.72	0.00	0.00
Short term VaRs: analytical \| 1+ year VaRs: historical data
Safe Withdrawal Rate (%)					84.92	27.56	16.28	9.73	7.50	10.69
Perpetual Withdrawal Rate (%)					---	---	---	---	3.56	9.15
% based on initial capital, inflation-adj. monthly withdrawals afterwards \| Credits: BestRetirementPortfolio.com
··· All available data (Jan 1985 - Jun 2026)
Best Rolling Return (%) - Annualized					59.56	33.66	26.75	18.66	15.64	12.77
Worst Rolling Return (%) - Annualized					-30.76	-7.64	-1.52	3.24	6.27	9.03
Positive Periods (%)					73.1	90.9	97.9	100.0	100.0	100.0
Best Rolling Return (%) - Annualized					55.04	32.07	25.25	16.63	13.08	10.23
Worst Rolling Return (%) - Annualized					-31.67	-11.51	-5.65	-0.29	3.25	6.44
Positive Periods (%)					65.9	80.9	81.3	99.7	100.0	100.0
95% VaR - Value at Risk (%) - Cumulative		5.91	9.21	11.59	11.75	6.39	0.00	0.00	0.00	0.00
95% CVaR - Conditional Value at Risk (%)		7.61	12.15	15.75	17.07	12.00	0.92	0.00	0.00	0.00
99% VaR - Value at Risk (%) - Cumulative		8.70	14.03	18.41	20.14	13.90	3.54	0.00	0.00	0.00
99% CVaR - Conditional Value at Risk (%)		10.47	17.10	22.76	27.13	17.23	6.15	0.00	0.00	0.00
Short term VaRs: analytical \| 1+ year VaRs: historical data
Safe Withdrawal Rate (%)					84.92	27.44	16.25	8.66	6.25	5.69
Perpetual Withdrawal Rate (%)					---	---	---	---	3.56	5.05
% based on initial capital, inflation-adj. monthly withdrawals afterwards \| Credits: BestRetirementPortfolio.com

Terms and Definitions

Annualized Portfolio Return: the annualized geometric mean return of the portfolio. When cashflows are involved, it is calculated using the Money-Weighted Rate of Return (MWRR), based on the Modified Dietz formula.
Deepest/Longest Drawdown: a drawdown refers to the decline in value from a relative peak value to a relative trough. The deepest (or maximum) drawdown is the maximum observed loss from a peak to a trough of a portfolio before a new peak is attained. The longest drawdown is the period observed from a peak to the subsequent peak with the greatest duration. When cashflows are involved, portfolio values are normalized by the invested capital (i.e. owned quotes) at each time step: this isolates the effect of market performance from capital contributions, avoiding misleading drawdowns caused by large inflows that artificially lift portfolio value and, as a result, the drawdowns match the ones without cash flows.
Longest negative period: it's the maximum period for which an overall negative return has been observed.
Standard Deviation: it's a measure of the dispersion of returns around the mean.
Sharpe Ratio: it's a measure of risk-adjusted performance of the portfolio. It's calculated by dividing the excess return of the portfolio over the risk-free rate by the portfolio standard deviation. The risk-free rate here considered is the 1-3 Mth T-Bill return.
Sortino Ratio: another measure of risk-adjusted performance of the portfolio. It's a modification of the Sharpe Ratio (same formula but the denominator is the portfolio downside standard deviation).
Ulcer Index: it's a measure of downside risk that quantifies the depth and duration of drawdowns in an investment portfolio.
Best/Worst 10Y returns: the best and the worst 10-year return over a time frame.
Rolling Returns: N-year returns over a time frame, calculated over all the available data source (best, worst, % of positive returns). Each rolling period, longer than the longest negative period, yielded a non-negative minimum return.
Value at Risk (VaR): it's an evaluation of a cumulative worst-case loss (in absolute value), associated with a probability (95%-99%) and a time horizon. For short term, it's calculated based on the expected return and standard deviation, assuming a normal distribution of monthly returns. For long term is retrieved by the historical rolling return data.
Conditional Value at Risk (CVaR): it represents the average expected loss if that worst-case threshold (95%-99%) is ever crossed.
Safe Withdrawal Rate (SWR): it's the percentage of the initial portfolio balance that can be withdrawn at the beginning of each month with inflation adjustment, without the portfolio running out of money in any case (money amount withdrawal).
For instance: Your initial invested capital is 100.000$; withdrawal rate (annualized) is 4%. This means that, in the first month, you will withdraw 100.000 * 4% * 1/12 = 333.33$. The second month, you’ll withdraw 333.33$ plus the inflation monthly rate. You’ll continue adjusting your withdraw monthly for inflation.
Perpetual Withdrawal Rate (PWR): it's the percentage of the initial portfolio balance that can be withdrawn at the beginning of each month with inflation adjustment, preserving the original invested capital, adjusted for inflation too.

Drawdowns

A drawdown refers to the decline in value from a relative peak value to a relative trough. A maximum drawdown is the maximum observed loss from a peak to a trough of a portfolio before a new peak is attained.

ISHARES JP MORGAN USD EM MKTS BD (EMB) TO GBP ETF

Drawdown periods

Inflation Adj:

Swipe left to see all data

Rolling Return Analysis

A rolling return is a measure of investment performance that calculates the return of an investment over a set period of time, with the starting date rolling forward. This approach can provide a more accurate representation of the investment's historical performance and helps investors to evaluate the investment's consistency over time.

ISHARES JP MORGAN USD EM MKTS BD (EMB) TO GBP ETF

Annualized Rolling Returns — Over Time & Distribution

The values shown for the rolling periods represent key statistical points: the minimum, maximum, median, and two user-defined percentiles. The lower and upper percentiles (default: 15th and 85th) can be adjusted using the inputs above. They give insight into the distribution of the data, while the median represents the middle value.

Holding Periods and Returns

Holding periods are based on rolling periods: each rolling window represents the return an investor would have achieved by holding the investment for a fixed period (e.g., 10, 20, or 30 years) starting from different dates.

ISHARES JP MORGAN USD EM MKTS BD (EMB) TO GBP ETF

Annualized Rolling Returns

Inflation Adj:

Percentiles: – Changes pending. Click 'Update' to refresh

Loading data
Please wait

Time to Target

What it shows: Months to reach your target capital from each historical entry point, accounting for your initial investment and periodic contributions.

ISHARES JP MORGAN USD EM MKTS BD (EMB) TO GBP ETF

Time to reach your Target Capital

Monthly Returns and Seasonality

This section provides a visual/tabular representation of the performance variability in the iShares JP Morgan USD Em Mkts Bd (EMB) to GBP ETF over time. It illustrates the distribution of monthly returns, showcasing the range and frequency of positive and negative returns.

ISHARES JP MORGAN USD EM MKTS BD (EMB) TO GBP ETF

Monthly Returns Distribution

Loading data
Please wait

Monthly Seasonality Analysis

41 full years are available for analysis


Avg Return (%)
Win Count
Loss Count
Win %
Worst Return (%)
Best Return (%)

For further information about the seasonality, check the Asset Class Seasonality page.

Methodology

Returns, up to December 2007, have been derived using the historical series of equivalent ETFs / Assets.

For non-GBP assets, returns are calculated based on the performance of the original asset, adjusted for actual currency exchange rates.

You can find additional information on extended Data Sources here.

	Drawdown period			Recovery period		Total
Drawdown▴	Start	Bottom	#Months	End	#Months	#Months	Ulcer Index

Drawdown Analysis			Occurrencies (End of Month)			Cumulative
Phase	Frequency	Range	#Num	Every (Avg)	Frequency	Range	Frequency

	Drawdown period			Recovery period		Total
Drawdown▴	Start	Bottom	#Months	End	#Months	#Months	Ulcer Index

Drawdown Analysis			Occurrencies (End of Month)			Cumulative
Phase	Frequency	Range	#Num	Every (Avg)	Frequency	Range	Frequency

	Drawdown period			Recovery period		Total
Drawdown▴	Start	Bottom	#Months	End	#Months	#Months	Ulcer Index

	Intra Year Stats		Monthly Return (%)
Year	Return	Drawdown	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec

Table of contents

Investment Returns as of Jun 30, 2026

Investment Metrics as of Jun 30, 2026

Drawdowns

Rolling Return Analysis

Holding Periods and Returns

Time to Target

Monthly Returns and Seasonality