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

Data Source: from January 1985 to March 2024 (~39 years)
Consolidated Returns as of 31 March 2024
Live Update: Apr 19 2024, 01:59PM Eastern Time
Category: Fixed Income
iShares JP Morgan USD Em Mkts Bd (EMB) ETF
ETF • LIVE PERFORMANCE (USD currency)
0.28%
1 Day
Apr 19 2024, 01:59PM Eastern Time
2.01%
Current Month
April 2024

In the last 30 Years, the iShares JP Morgan USD Em Mkts Bd (EMB) ETF obtained a 9.05% compound annual return, with a 12.83% standard deviation.

Table of contents
The first official book of
How to build wealth
with Lazy Portfolios and Passive Investing Strategies
Choose a goal
Employ the best metrics to evaluate it
Join the passive investing strategy
Discover new asset allocations in USD and EUR,
in addition to the lazy portfolios on the website.

The ETF is related to the following investment themes:

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

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

Portfolio Name Author EMB Weight Currency
High Yield Bonds Income 25.00% USD
Dynamic 40/60 Income 20.00% USD
All Country World Bonds 15.00% USD
All Country World 20/80 12.00% USD
Robo Advisor 50 Betterment 10.70% USD
Late Sixties and Beyond Burton Malkiel 9.50% USD
All Country World 40/60 9.00% USD
Mid-Fifties Burton Malkiel 7.50% USD
All Country World 60/40 6.00% USD
Robo Advisor 20 Betterment 5.90% USD
Late Thirties to Early Forties Burton Malkiel 5.00% USD
Mid-Twenties Burton Malkiel 4.00% USD
Robo Advisor 80 Betterment 3.60% USD
All Country World 80/20 3.00% USD
Robo Advisor 10 Betterment 2.90% USD
Robo Advisor 90 Betterment 1.70% USD

Investment Returns as of Mar 31, 2024

The iShares JP Morgan USD Em Mkts Bd (EMB) ETF guaranteed the following returns.

Returns are calculated in USD, assuming:
  • no fees or capital gain taxes.
  • the reinvestment of dividends.
  • the actual US Inflation rates.
ISHARES JP MORGAN USD EM MKTS BD (EMB) ETF
Consolidated returns as of 31 March 2024
Live Update: Apr 19 2024, 01:59PM Eastern Time
Swipe left to see all data
  Chg (%) Return (%) Return (%) as of Mar 31, 2024
  1 Day Time ET(*) Apr 2024 1M 6M 1Y 5Y 10Y 30Y MAX
(~39Y)
iShares JP Morgan USD Em Mkts Bd (EMB) ETF 0.28 -2.01 1.99 11.43 9.24 0.30 2.45 9.05 9.46
US Inflation Adjusted return 1.61 9.67 5.57 -3.74 -0.38 6.34 6.47
Returns over 1 year are annualized | Available data source: since Jan 1985
(*) Eastern Time (ET - America/New York)
US Inflation is updated to Mar 2024. Current inflation (annualized) is 1Y: 3.48% , 5Y: 4.19% , 10Y: 2.84% , 30Y: 2.54%

In 2023, the iShares JP Morgan USD Em Mkts Bd (EMB) ETF granted a 5.10% dividend yield. If you are interested in getting periodic income, please refer to the iShares JP Morgan USD Em Mkts Bd (EMB) ETF: Dividend Yield page.

Capital Growth as of Mar 31, 2024

An investment of 1$, since April 1994, now would be worth 13.43$, with a total return of 1243.49% (9.05% annualized).

The Inflation Adjusted Capital now would be 6.33$, with a net total return of 532.96% (6.34% annualized).
An investment of 1$, since January 1985, now would be worth 34.69$, with a total return of 3369.23% (9.46% annualized).

The Inflation Adjusted Capital now would be 11.72$, with a net total return of 1072.22% (6.47% annualized).

Investment Metrics as of Mar 31, 2024

Metrics of iShares JP Morgan USD Em Mkts Bd (EMB) ETF, updated as of 31 March 2024.

Metrics are calculated based on monthly returns, assuming:
  • no fees or capital gain taxes.
  • the reinvestment of dividends.
  • the actual US Inflation rates.
ISHARES JP MORGAN USD EM MKTS BD (EMB) ETF
Advanced Metrics
Data Source: 1 January 1985 - 31 March 2024 (~39 years)
Swipe left to see all data
Metrics as of Mar 31, 2024
1M 3M 6M 1Y 3Y 5Y 10Y 20Y 30Y MAX
(~39Y)
Investment Return (%) 1.99 1.54 11.43 9.24 -1.98 0.30 2.45 5.10 9.05 9.46
Infl. Adjusted Return (%) details 1.61 0.41 9.67 5.57 -7.21 -3.74 -0.38 2.45 6.34 6.47
US Inflation (%) 0.38 1.13 1.61 3.48 5.63 4.19 2.84 2.59 2.54 2.80
Returns / Inflation rates over 1 year are annualized.
DRAWDOWN
Inflation Adjusted:
Inflation Adjusted:
1Y 3Y 5Y 10Y 20Y 30Y MAX
Deepest Drawdown Depth (%) -6.23 -26.75 -26.75 -26.75 -26.75 -31.43 -31.43
Start to Recovery (# months) details 5 31* 31* 31* 31* 19 19
Start (yyyy mm) 2023 08 2021 09 2021 09 2021 09 2021 09 1998 05 1998 05
Start to Bottom (# months) 3 14 14 14 14 4 4
Bottom (yyyy mm) 2023 10 2022 10 2022 10 2022 10 2022 10 1998 08 1998 08
Bottom to End (# months) 2 17 17 17 17 15 15
End (yyyy mm) 2023 12 - - - - 1999 11 1999 11
Longest Drawdown Depth (%)
same as
deepest

same as
deepest

same as
deepest

same as
deepest

same as
deepest
-26.75 -26.75
Start to Recovery (# months) details 31* 31*
Start (yyyy mm) 2023 08 2021 09 2021 09 2021 09 2021 09 2021 09 2021 09
Start to Bottom (# months) 3 14 14 14 14 14 14
Bottom (yyyy mm) 2023 10 2022 10 2022 10 2022 10 2022 10 2022 10 2022 10
Bottom to End (# months) 2 17 17 17 17 17 17
End (yyyy mm) 2023 12 - - - - - -
Longest negative period (# months) details 7 36* 59 98 98 98 98
Period Start (yyyy mm) 2023 04 2021 04 2019 04 2014 09 2014 09 2014 09 2014 09
Period End (yyyy mm) 2023 10 2024 03 2024 02 2022 10 2022 10 2022 10 2022 10
Annualized Return (%) -5.31 -1.98 -0.10 -0.10 -0.10 -0.10 -0.10
Drawdowns / Negative periods marked with * are in progress
Deepest Drawdown Depth (%) -7.12 -32.92 -35.56 -35.56 -35.56 -35.56 -35.56
Start to Recovery (# months) details 5 31* 39* 39* 39* 39* 39*
Start (yyyy mm) 2023 08 2021 09 2021 01 2021 01 2021 01 2021 01 2021 01
Start to Bottom (# months) 3 14 22 22 22 22 22
Bottom (yyyy mm) 2023 10 2022 10 2022 10 2022 10 2022 10 2022 10 2022 10
Bottom to End (# months) 2 17 17 17 17 17 17
End (yyyy mm) 2023 12 - - - - - -
Longest Drawdown Depth (%)
same as
deepest

same as
deepest

same as
deepest

same as
deepest

same as
deepest

same as
deepest
-11.91
Start to Recovery (# months) details 49
Start (yyyy mm) 2023 08 2021 09 2021 01 2021 01 2021 01 2021 01 1987 03
Start to Bottom (# months) 3 14 22 22 22 22 9
Bottom (yyyy mm) 2023 10 2022 10 2022 10 2022 10 2022 10 2022 10 1987 11
Bottom to End (# months) 2 17 17 17 17 17 40
End (yyyy mm) 2023 12 - - - - - 1991 03
Longest negative period (# months) details 7 36* 60* 120* 159 159 159
Period Start (yyyy mm) 2023 04 2021 04 2019 04 2014 04 2010 08 2010 08 2010 08
Period End (yyyy mm) 2023 10 2024 03 2024 03 2024 03 2023 10 2023 10 2023 10
Annualized Return (%) -8.34 -7.21 -3.74 -0.38 -0.14 -0.14 -0.14
Drawdowns / Negative periods marked with * are in progress
RISK INDICATORS
1Y 3Y 5Y 10Y 20Y 30Y MAX
Standard Deviation (%) 9.21 12.05 12.75 10.00 11.24 12.83 11.77
Sharpe Ratio 0.44 -0.37 -0.12 0.12 0.33 0.53 0.46
Sortino Ratio 0.68 -0.54 -0.16 0.16 0.44 0.67 0.60
Ulcer Index 2.35 15.40 12.38 9.00 7.19 6.98 6.42
Ratio: Return / Standard Deviation 1.00 -0.16 0.02 0.25 0.45 0.71 0.80
Ratio: Return / Deepest Drawdown 1.48 -0.07 0.01 0.09 0.19 0.29 0.30
% Positive Months details 58% 52% 56% 59% 65% 67% 67%
Positive Months 7 19 34 71 157 242 317
Negative Months 5 17 26 49 83 118 154
LONG TERM RETURNS
Inflation Adjusted:
Inflation Adjusted:
1Y 3Y 5Y 10Y 20Y 30Y MAX
Best 10 Years Return (%) - Annualized 2.45 9.21 19.30 19.30
Worst 10 Years Return (%) - Annualized 0.23 0.23 0.23
Best 10 Years Return (%) - Annualized -0.38 7.06 16.42 16.42
Worst 10 Years Return (%) - Annualized -2.26 -2.26 -2.26
ROLLING PERIODS
Inflation Adjusted:
Inflation Adjusted:
1Y 3Y 5Y 10Y 20Y 30Y MAX
Over the latest 30Y
Best Rolling Return (%) - Annualized 47.27 31.65 25.13 19.30 13.30 9.05
Worst Rolling Return (%) - Annualized -28.11 -7.65 -3.17 0.23 4.89
% Positive Periods 78% 91% 94% 100% 100% 100%
SWR - Safe Withdrawal Rate (%) - 100% Success - Annualized 81.48 26.09 18.33 10.20 7.56 10.63
PWR - Perpetual Withdrawal Rate (%) - 100% Success - Annualized - - - - 2.87 8.95
WR calculated based on initial capital | Monthly withdrawals adjusted for inflation | Credits: BestRetirementPortfolio.com
Best Rolling Return (%) - Annualized 47.60 28.65 22.13 16.42 10.81 6.34
Worst Rolling Return (%) - Annualized -30.35 -12.07 -6.76 -2.26 2.25
% Positive Periods 75% 87% 91% 90% 100% 100%
SWR - Safe Withdrawal Rate (%) - 100% Success - Annualized 81.48 26.09 18.33 10.20 7.56 10.63
PWR - Perpetual Withdrawal Rate (%) - 100% Success - Annualized - - - - 2.87 8.95
WR calculated based on initial capital | Monthly withdrawals adjusted for inflation | Credits: BestRetirementPortfolio.com
Over all the available data source (Jan 1985 - Mar 2024)
Best Rolling Return (%) - Annualized 47.27 31.65 25.13 19.30 14.61 11.84
Worst Rolling Return (%) - Annualized -28.11 -7.65 -3.17 0.23 4.89 8.53
% Positive Periods 80% 93% 96% 100% 100% 100%
SWR - Safe Withdrawal Rate (%) - 100% Success - Annualized 81.48 26.09 18.33 10.20 7.56 7.63
PWR - Perpetual Withdrawal Rate (%) - 100% Success - Annualized - - - - 2.87 6.90
WR calculated based on initial capital | Monthly withdrawals adjusted for inflation | Credits: BestRetirementPortfolio.com
Best Rolling Return (%) - Annualized 47.60 28.65 22.13 16.42 11.78 8.92
Worst Rolling Return (%) - Annualized -30.35 -12.07 -6.76 -2.26 2.25 5.86
% Positive Periods 74% 89% 93% 93% 100% 100%
SWR - Safe Withdrawal Rate (%) - 100% Success - Annualized 81.48 26.09 18.33 10.20 7.56 7.63
PWR - Perpetual Withdrawal Rate (%) - 100% Success - Annualized - - - - 2.87 6.90
WR calculated based on initial capital | Monthly withdrawals adjusted for inflation | Credits: BestRetirementPortfolio.com
Terms and Definitions
  • Annualized Portfolio Return: it's the annualized geometric mean return of the portfolio.
  • 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.
  • 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.
  • 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.

Correlations as of Mar 31, 2024

Correlation measures to what degree the returns of the two assets move in relation to each other.

Correlation coefficient is a numerical value between -1 and +1. If one variable goes up by a certain amount, the correlation coefficient indicates which way the other variable moves and by how much.
Asset correlations are calculated based on monthly returns.

Monthly correlations of iShares JP Morgan USD Em Mkts Bd (EMB) ETF vs the main Asset Classes, over different timeframes. Columns are sortable (click on table header to sort).

ISHARES JP MORGAN USD EM MKTS BD (EMB) ETF
Monthly correlations as of 31 March 2024
Swipe left to see all data
Correlation vs EMB
Asset Class 1 Year 5 Years 10 Years 30 Years Since
Jan 1992
VTI
US Total Stock Market
0.92
0.79
0.68
0.57
0.57
SPY
US Large Cap
0.91
0.78
0.68
0.56
0.56
IJR
US Small Cap
0.91
0.71
0.56
0.51
0.51
VNQ
US REITs
0.98
0.80
0.69
0.52
0.52
QQQ
US Technology
0.76
0.72
0.62
0.44
0.44
PFF
Preferred Stocks
0.79
0.81
0.77
0.40
0.40
EFA
EAFE Stocks
0.93
0.84
0.76
0.60
0.58
VT
World All Countries
0.94
0.84
0.75
0.61
0.61
EEM
Emerging Markets
0.86
0.81
0.75
0.67
0.65
VGK
Europe
0.93
0.84
0.76
0.58
0.58
VPL
Pacific
0.94
0.81
0.73
0.54
0.51
FLLA
Latin America
0.87
0.70
0.65
0.67
0.67
BND
US Total Bond Market
0.89
0.73
0.71
0.50
0.50
TLT
Long Term Treasuries
0.92
0.41
0.41
0.27
0.29
BIL
US Cash
0.23
0.07
0.04
0.07
0.07
TIP
TIPS
0.87
0.67
0.67
0.44
0.45
LQD
Invest. Grade Bonds
0.93
0.86
0.85
0.58
0.59
HYG
High Yield Bonds
0.95
0.87
0.82
0.64
0.64
CWB
US Convertible Bonds
0.89
0.76
0.69
0.59
0.59
BNDX
International Bonds
0.86
0.73
0.68
0.36
0.38
GLD
Gold
0.35
0.44
0.40
0.31
0.30
DBC
Commodities
0.01
0.37
0.33
0.26
0.26

If you want to learn more about historical correlations, you can find out here how the main asset class are correlated to each other.

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) ETF
Drawdown periods
Drawdown periods - Inflation Adjusted
Data Source: 1 April 1994 - 31 March 2024 (30 Years)
Data Source: 1 January 1985 - 31 March 2024 (~39 years)
Inflation Adjusted:
Swipe left to see all data
Swipe left to see all data
Swipe left to see all data
Swipe left to see all data

Rolling Returns

( more details)

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) ETF
Annualized Rolling Returns
Annualized Rolling Returns - Inflation Adjusted
Data Source: 1 April 1994 - 31 March 2024 (30 Years)
Data Source: 1 January 1985 - 31 March 2024 (~39 years)
Inflation Adjusted:

If you need a deeper detail about rolling returns, please refer to the iShares JP Morgan USD Em Mkts Bd (EMB) ETF: Rolling Returns page.

Seasonality

In which months is it better to invest in iShares JP Morgan USD Em Mkts Bd (EMB) ETF?

Both the Average Return and the Gain Frequency (Win %) are useful to get an idea of what happened in the past.
For further information about the seasonality, check the Asset Class Seasonality page.
Swipe left to see all data
Swipe left to see all data
Swipe left to see all data

Monthly Returns

This section provides a visual/tabular representation of the performance variability in the iShares JP Morgan USD Em Mkts Bd (EMB) 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) ETF
Monthly Returns Distribution
Data Source: 1 April 1994 - 31 March 2024 (30 Years)
Data Source: 1 January 1985 - 31 March 2024 (~39 years)
242 Positive Months (67%) - 118 Negative Months (33%)
317 Positive Months (67%) - 154 Negative Months (33%)
Swipe left to see all data
(Scroll down to see all data)
Investment Returns, up to December 2007, have been derived using the historical series of equivalent ETFs / Assets.
You can find additional information on extended Data Sources here.

Analyze your Portfolio: Backtest Now!
Explore historical data since 1871 and fine-tune your investment strategy for better results.