EMLCvsEBNDETF Comparison
VS
ETF 2
EBND
State Street SPDR Bloomberg Emerging Markets Local Bond ETF
This fund is part of
EM Government Bonds
-0.13%
VanEck J.P. Morgan EM Local Currency Bond ETF (EMLC) and State Street SPDR Bloomberg Emerging Markets Local Bond ETF (EBND) belong to the same industry segment: EM Government Bonds. EMLC's top 3 sector exposures are Sovereign, Finance and Utilities. In contrast, EBND's top sector exposures are Sovereign and Finance. EMLC is more expensive with a Total Expense Ratio (TER) of 0.31%, versus 0.3% for EBND. EMLC is up 1.73% year-to-date (YTD) with +$1.00B in YTD flows. EBND performs worse with 1.17% YTD performance, and +$100M in YTD flows. Run a side-by-side ETF comparison of EMLC and EBND below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
Find out how industry players manage ETF portfolios. Discover our library of Model portfolios
EMLC vs EBND performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 09/18/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | EMLC EBND | -1.06%-0.75% | +0.03%+0.51% | +1.73%+1.17% | +4.63%+2.58% | +23.18%+21.29% | +9.92%+5.54% |
| Flows | EMLC EBND | +$357M+$15M | +$273M+$19M | +$1.00B+$100M | +$1.36B+$185M | +$1.98B+$373M | +$2.17B+$1.21B |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | EMLC EBND | +4.52%+4.36% | +6.39%+6.32% | +6.31%+6.16% | +7.10%+6.95% |
| Max drawdown | EMLC EBND | -2.03%-1.76% | -5.78%-6.03% | -7.84%-7.06% | -22.99%-24.33% |
| Max drawdown duration | EMLC EBND | 24d24d | 175d180d | 214d214d | 1357d1372d |
Trading data
EMLC | EBND | |
Last sale 9/21/2026 at 1:30 PM | $25.30 | $20.89 |
| Previous close 09/18/2026 | $25.19 | $20.80 |
| Consolidated volume 09/18/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Replication quality
Data as of August 31, 2026
1-year trailing difference
Create an account to view replication metrics
Join for free
EMLC | EBND | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
Advertisement
Main metrics
Last update 9/21/2026 at 1:30 PM
Live
Closed
EMLC | EBND | |
|---|---|---|
| Last price | $25.30 | $20.89 |
| 1D performance | +0.44% | +0.43% |
| AuM | $5.07 B | $2.26 B |
| E/R | 0.31% | 0.3% |
Characteristics
EMLC | EBND | |
|---|---|---|
| Management strategy | Passive | Passive |
| Provider | VanEck | State Street Investment Management |
| Benchmark | JP Morgan Government Bond Emerging Markets Global Core Index | Bloomberg EM Local Currency Government Diversified Index |
| N° of holdings | 493 | 618 |
| Asset class | Bonds | Bonds |
| Trailing 12m distribution yield | Join | Join |
| Inception date | July 22, 2010 | February 23, 2011 |
| ESG | No | No |
Advertisement
Exposure
Countries
EMLC
China
8.99%
India
8.15%
Malaysia
7.99%
Indonesia
7.14%
Other
67.73%
EBND
China
12.35%
Republic of Korea
9.93%
India
7.77%
Other
69.95%
Sectors
EMLC
Sovereign
93.27%
Other
6.73%
EBND
Sovereign
95.96%
Other
4.04%
Advertisement
Diversification
EMLC
Total weight of top 15 holdings out of 15
10.36%
EBND
Total weight of top 15 holdings out of 15
8.63%
Top 15 holdings
Data as of July 31, 2026
EMLC
Brazil, NTN-F 10% 1jan2031, BRL (NTN-F)
1.00%
South Africa, Bonds 8.75% 28feb2048, ZAR (R2048)
0.82%
Mexico, Bonos 7.75% 29may2031, MXN
0.78%
Brazil, LTN 0% 1jan2029, BRL (1452D)
0.74%
Mexico, Bonos 7.75% 23nov2034, MXN
0.72%
Mexico, Bonos 7.75% 13nov2042, MXN
0.69%
Brazil, NTN-F 10% 1jan2029, BRL (NTN-F)
0.69%
South Africa, Bonds 8.875% 28feb2035, ZAR (R2035)
0.68%
Colombia, Bonds 13.25% 9feb2033, COP
0.63%
South Africa, Bonds 8.25% 31mar2032, ZAR (R2032)
0.62%
Brazil, LTN 0% 1jul2029, BRL (1458D)
0.61%
South Africa, Bonds 8.5% 31jan2037, ZAR (R2037)
0.60%
Mexico, Bonos 8% 31jul2053, MXN
0.59%
Poland, Bonds 4.5% 25jul2030, PLN (PS0730)
0.59%
South Africa, Bonds 9% 31jan2040, ZAR (R2040)
0.59%
EBND
Brazil, NTN-F 10% 1jan2031, BRL (NTN-F)
0.75%
Brazil, NTN-F 10% 1jan2029, BRL (NTN-F)
0.71%
Mexico, Bonos 8.5% 1mar2029, MXN
0.66%
Mexico, Bonos 7.75% 29may2031, MXN
0.60%
South Africa, Bonds 8.75% 31jan2044, ZAR (R2044)
0.59%
Mexico, Bonos 8.5% 28feb2030, MXN
0.58%
Brazil, LTN 0% 1jan2029, BRL (1452D)
0.56%
Mexico, Bonos 7.75% 23nov2034, MXN
0.54%
Hungary, Bonds 7% 24oct2035, HUF (2035/A)
0.54%
Colombia, Bonds 13.25% 9feb2033, COP
0.54%
South Africa, Bonds 9% 31jan2040, ZAR (R2040)
0.54%
Peru, Bonos 6.9% 12aug2037, PEN
0.54%
South Africa, Bonds 8.875% 28feb2035, ZAR (R2035)
0.51%
Brazil, LTN 0% 1oct2027, BRL (819D)
0.50%
South Africa, Bonds 8.25% 31mar2032, ZAR (R2032)
0.49%
Frequently asked questions about EMLC and EBND
How have the EMLC and EBND ETFs performed in 2026?
As of September 18, 2026, EMLC is up 1.73% year-to-date (YTD), while EBND has returned 1.17%. That puts EMLC better performer ahead so far this year.
Which ETF is attracting more investor money: EMLC or EBND?
Year-to-date, the EMLC ETF saw +$1.00B in flows, compared to +$100M for EBND.
Which ETF is more volatile: EMLC or EBND?
Over the past year, EMLC had a volatility of 6.39%, while EBND experienced 6.32%.
Which ETF is bigger: EMLC or EBND?
As of September 18, 2026, EMLC holds $5.07 B in assets under management (AUM), while EBND manages $2.26 B.
What sectors do the EMLC and EBND ETFs invest in?
EMLC leans toward sectors like Sovereign. Meanwhile, EBND focuses on Sovereign.
What are the top holdings of the EMLC ETF and EBND ETF?
EMLC top holdings include Brazil, NTN-F 10% 1jan2031, BRL (NTN-F), South Africa, Bonds 8.75% 28feb2048, ZAR (R2048) and Mexico, Bonos 7.75% 29may2031, MXN. EBND holds in its top three: Brazil, NTN-F 10% 1jan2031, BRL (NTN-F), Brazil, NTN-F 10% 1jan2029, BRL (NTN-F) and Mexico, Bonos 8.5% 1mar2029, MXN.
Which ETF is more diversified: EMLC or EBND?
EMLC holds 500 securities with 10.36% of its assets in the top 15. EBND has 619 securities and a top 15 weight of 8.63%.
Advertisement
Latest news about EMLC & EBND
Advertisement
