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ETF comparison

BND vs EMB

US Aggregate Bond vs International Bond.

Vanguard Total Bond Market Index Fund · iShares J.P. Morgan USD Emerging Markets Bond ETF

Holdings overlap

Weighted by ISIN/CUSIP
0.9 %

146 positions appear in both funds. Buying equal dollars of BND and EMB would leave roughly 0.9% of each dollar exposed to the same underlying securities.

BND only 97.9% Shared 0.9% EMB only 96.0%
In BND only
17,214 positions
Shared
146 positions
In EMB only
528 positions

Side by side

BND

Vanguard Total Bond Market Index Fund

Vanguard · US Aggregate Bond

89 composite / 100
Expense ratio
0.030%
Net assets
$397.86B
TTM yield
3.99%
Top-10 conc.
4.8%
EMB

iShares J.P. Morgan USD Emerging Markets Bond ETF

iShares · International Bond

74 composite / 100
Expense ratio
0.39%
Net assets
$14.62B
TTM yield
5.09%
Top-10 conc.
6.1%

Sub-score comparison

97
Cost
61
53
Tax efficiency
50
100
Liquidity
100
100
Concentration
100
—
Tracking quality
—
BND sub-score EMB

Tracking quality isn't part of the composite — see what we don't score for why.

Cost difference

BND is 36 bps cheaper than EMB. On a $100,000 position that's about $360/yr more in fees for EMB.

Fee figure is the annual expense charged on $100,000. To see how the gap compounds over a multi-decade holding period, open the cost calculator pre-filled with BND vs EMB.

Top shared holdings

146 shared in total
# Holding In BND In EMB Overlap
1 Mexico Government International Bond 0.02% 0.16% 0.02%
2 Mexico Government International Bond 0.02% 0.13% 0.02%
3 Chile Government International Bond 0.02% 0.16% 0.02%
4 Mexico Government International Bond 0.02% 0.17% 0.02%
5 Republic of Poland Government International Bond 0.01% 0.36% 0.01%
6 Mexico Government International Bond 0.01% 0.17% 0.01%
7 Peruvian Government International Bond 0.01% 0.31% 0.01%
8 Mexico Government International Bond 0.01% 0.17% 0.01%
9 Mexico Government International Bond 0.01% 0.17% 0.01%
10 Mexico Government International Bond 0.01% 0.13% 0.01%
11 Republic of Poland Government International Bond 0.01% 0.33% 0.01%
12 Panama Government International Bond 0.01% 0.31% 0.01%

Only in BND

17,214 total
  • United States Treasury Note/Bond 0.48%
  • United States Treasury Note/Bond 0.42%
  • United States Treasury Note/Bond 0.42%
  • United States Treasury Note/Bond 0.42%
  • United States Treasury Note/Bond 0.41%
  • United States Treasury Note/Bond 0.41%
  • United States Treasury Note/Bond 0.40%
  • United States Treasury Note/Bond 0.39%
  • United States Treasury Note/Bond 0.39%
  • United States Treasury Note/Bond 0.36%

Only in EMB

528 total
  • Argentina Republic Government International Bonds 1.10%
  • Ecuador Government International Bonds 0.77%
  • Argentina Republic Government International Bonds 0.71%
  • Argentina Republic Government International Bonds 0.63%
  • Ghana Government International Bonds 0.52%
  • Argentina Republic Government International Bonds 0.52%
  • EAGLE FUNDING LUXCO SARL 0.50%
  • Oman Government International Bonds 0.42%
  • UKRAINE GOVERNMENT 0.37%
  • Brazil Government International Bonds 0.37%

Open BND or EMB at a brokerage

Both funds trade commission-free at major US brokerages.

Open at Fidelity

Affiliate links — opening an account through these earns PlainIndex a one-time referral. Scoring is computed before any affiliate consideration; see our methodology and funding disclosure.

Holdings overlap is the sum of min(weight_a, weight_b) over positions matched on ISIN (CUSIP fallback). Methodology: see /methodology/.

Comparing two funds doesn't endorse swapping one for the other. Tax-lot history, account type, and personal goals matter — PlainIndex publishes data and methodology, not investment advice.