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ETF comparison

BNDX vs EMLC

Both International Bond.

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

Holdings overlap

Weighted by ISIN/CUSIP
5.8 %

235 positions appear in both funds. Buying equal dollars of BNDX and EMLC would leave roughly 5.8% of each dollar exposed to the same underlying securities.

BNDX unmatched 92.2% Shared 5.8% EMLC unmatched 92.1%

Unmatched is the part of a fund's weight the other fund doesn't match: names only it holds, plus any extra weight it puts in names both funds hold.

In BNDX only
6,583 positions
Shared
235 positions
In EMLC only
262 positions

Side by side

BNDX

Vanguard Total International Bond Index Fund ETF Shares

Vanguard · International Bond

87 composite / 100
Expense ratio
0.070%
Net assets
$121.63B
whole fund, 5 share classes
TTM yield
4.65%
Top-10 conc.
3.5%
EMLC

VanEck J.P. Morgan EM Local Currency Bond ETF

VanEck · International Bond

74 composite / 100
Expense ratio
0.30%
Net assets
$4.95B
TTM yield
6.44%
Top-10 conc.
7.2%

Sub-score comparison

93
Cost
70
51
Tax efficiency
48
100
Liquidity
87
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

235 shared in total
# Holding In BNDX In EMLC Overlap
1 Republic of Poland Government Bond 0.10% 0.31% 0.10%
2 Republic of Poland Government Bond 0.10% 0.44% 0.10%
3 Mexican Bonos 0.09% 0.76% 0.09%
4 Malaysia Government Bond 0.09% 0.09% 0.09%
5 Republic of Poland Government Bond 0.09% 0.58% 0.09%
6 Mexican Bonos 0.08% 0.67% 0.08%
7 Mexican Bonos 0.08% 0.63% 0.08%
8 Mexican Bonos 0.08% 0.68% 0.08%
9 Mexican Bonos 0.08% 0.11% 0.08%
10 Republic of Poland Government Bond 0.07% 0.39% 0.07%
11 Mexican Bonos 0.07% 0.41% 0.07%
12 Republic of Poland Government Bond 0.07% 0.51% 0.07%

Only in BNDX

6,583 total
  • United Kingdom Gilt 0.41%
  • French Republic Government Bond OAT 0.37%
  • French Republic Government Bond OAT 0.36%
  • United Kingdom Gilt 0.36%
  • United Kingdom Gilt 0.35%
  • United Kingdom Gilt 0.34%
  • French Republic Government Bond OAT 0.33%
  • French Republic Government Bond OAT 0.33%
  • Bundesrepublik Deutschland Bundesanleihe 0.30%
  • United Kingdom Gilt 0.30%

Only in EMLC

262 total
  • NOTA DO TESOURO NACIONAL 0.90%
  • REPUBLIC OF SOUTH AFRICA 0.84%
  • NOTA DO TESOURO NACIONAL 0.72%
  • LETRA TESOURO NACIONAL 0.70%
  • REPUBLIC OF SOUTH AFRICA 0.68%
  • REPUBLIC OF SOUTH AFRICA 0.61%
  • TITULOS DE TESORERIA 0.60%
  • REPUBLIC OF SOUTH AFRICA 0.59%
  • REPUBLIC OF SOUTH AFRICA 0.59%
  • LETRA TESOURO NACIONAL 0.58%

Percentages are holdings overlap with the named fund.

Open BNDX or EMLC at a brokerage

Both funds trade commission-free at major US brokerages.

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.