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ETF comparison

EMLC vs IAGG

Both International Bond.

VanEck J.P. Morgan EM Local Currency Bond ETF · iShares Core International Aggregate Bond ETF

Holdings overlap

Weighted by ISIN/CUSIP
6.4 %

226 positions appear in both funds. Buying equal dollars of EMLC and IAGG would leave roughly 6.4% of each dollar exposed to the same underlying securities.

EMLC only 91.9% Shared 6.4% IAGG only 84.6%
In EMLC only
264 positions
Shared
226 positions
In IAGG only
7,614 positions

Side by side

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%
IAGG

iShares Core International Aggregate Bond ETF

iShares · International Bond

87 composite / 100
Expense ratio
0.070%
Net assets
$10.74B
TTM yield
4.51%
Top-10 conc.
4.9%

Sub-score comparison

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

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

Cost difference

IAGG 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 EMLC vs IAGG.

Top shared holdings

226 shared in total
# Holding In EMLC In IAGG Overlap
1 CHINA GOVERNMENT BOND 0.20% 0.26% 0.20%
2 CHINA GOVERNMENT BOND 0.17% 0.51% 0.17%
3 CHINA GOVERNMENT BOND 0.16% 0.49% 0.16%
4 CHINA GOVERNMENT BOND 0.16% 0.39% 0.16%
5 POLAND GOVERNMENT BOND 0.38% 0.16% 0.16%
6 CHINA GOVERNMENT BOND 0.15% 0.36% 0.15%
7 CHINA GOVERNMENT BOND 0.15% 0.15% 0.15%
8 CHINA GOVERNMENT BOND 0.13% 0.47% 0.13%
9 MEX BONOS DESARR FIX RT 0.62% 0.12% 0.12%
10 CHINA GOVERNMENT BOND 0.12% 0.23% 0.12%
11 CHINA GOVERNMENT BOND 0.11% 0.45% 0.11%
12 CHINA GOVERNMENT BOND 0.17% 0.11% 0.11%

Only in EMLC

264 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%

Only in IAGG

7,614 total
  • CHINA GOVERNMENT BOND 0.70%
  • Bundesobligation 0.38%
  • Bundesobligation 0.35%
  • U.K. Gilts 0.31%
  • CHINA DEVELOPMENT BANK 0.29%
  • CHINA DEVELOPMENT BANK 0.29%
  • CHINA DEVELOPMENT BANK 0.29%
  • Bundesrepublik Deutschland Bundesanleihe 0.28%
  • French Republic Government Bonds OAT 0.25%
  • French Republic Government Bonds OAT 0.23%

Open EMLC or IAGG 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.