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ETF comparison

BNDX vs EMLC

Both International Bond.

Vanguard Total International Bond Index Fund · VanEck J.P. Morgan EM Local Currency Bond ETF

Holdings overlap

Weighted by ISIN/CUSIP
6.0 %

236 positions appear in both funds. Buying equal dollars of BNDX and EMLC would leave roughly 6.0% of each dollar exposed to the same underlying securities.

BNDX only 92.9% Shared 6.0% EMLC only 92.4%
In BNDX only
6,473 positions
Shared
236 positions
In EMLC only
254 positions

Side by side

BNDX

Vanguard Total International Bond Index Fund

Vanguard · International Bond

87 composite / 100
Expense ratio
0.070%
Net assets
$123.29B
TTM yield
4.51%
Top-10 conc.
4.3%
EMLC

VanEck J.P. Morgan EM Local Currency Bond ETF

VanEck · International Bond

74 composite / 100
Expense ratio
0.30%
Net assets
$4.87B
TTM yield
6.23%
Top-10 conc.
7.1%

Sub-score comparison

93
Cost
70
51
Tax efficiency
48
100
Liquidity
86
100
Concentration
100
—
Tracking quality
—
BNDX sub-score EMLC

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

Cost difference

BNDX is 23 bps cheaper than EMLC. On a $100,000 position that's about $230/yr more in fees for EMLC.

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 BNDX vs EMLC.

Top shared holdings

236 shared in total
# Holding In BNDX In EMLC Overlap
1 Republic of Poland Government Bond 0.11% 0.29% 0.11%
2 Republic of Poland Government Bond 0.10% 0.43% 0.10%
3 Republic of Poland Government Bond 0.09% 0.56% 0.09%
4 Mexican Bonos 0.09% 0.74% 0.09%
5 Malaysia Government Bond 0.09% 0.08% 0.08%
6 Mexican Bonos 0.08% 0.62% 0.08%
7 Mexican Bonos 0.08% 0.65% 0.08%
8 Republic of Poland Government Bond 0.08% 0.37% 0.08%
9 Malaysia Government Bond 0.08% 0.22% 0.08%
10 Republic of Poland Government Bond 0.08% 0.45% 0.08%
11 Mexican Bonos 0.08% 0.64% 0.08%
12 Mexican Bonos 0.07% 0.40% 0.07%

Only in BNDX

6,473 total
  • French Republic Government Bond OAT 0.40%
  • French Republic Government Bond OAT 0.39%
  • United Kingdom Gilt 0.38%
  • United Kingdom Gilt 0.37%
  • United Kingdom Gilt 0.36%
  • United Kingdom Gilt 0.33%
  • United Kingdom Gilt 0.30%
  • Italy Buoni Poliennali Del Tesoro 0.29%
  • Spain Government Bond 0.29%
  • French Republic Government Bond OAT 0.29%

Only in EMLC

254 total
  • NOTA DO TESOURO NACIONAL 0.95%
  • REPUBLIC OF SOUTH AFRICA 0.76%
  • LETRA TESOURO NACIONAL 0.75%
  • TURKIYE GOVERNMENT BOND 0.68%
  • TITULOS DE TESORERIA 0.65%
  • NOTA DO TESOURO NACIONAL 0.65%
  • REPUBLIC OF SOUTH AFRICA 0.65%
  • NOTA DO TESOURO NACIONAL 0.64%
  • REPUBLIC OF SOUTH AFRICA 0.61%
  • REPUBLIC OF SOUTH AFRICA 0.60%

Open BNDX or EMLC 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.