ETF comparison
EMB vs PCY
Both International Bond.
iShares J.P. Morgan USD Emerging Markets Bond ETF · Invesco Emerging Markets Sovereign Debt ETF
Holdings overlap
60 positions appear in both funds. Buying equal dollars of EMB and PCY would leave roughly 10.6% of each dollar exposed to the same underlying securities.
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.
Side by side
Sub-score comparison
Tracking quality isn't part of the composite — see what we don't score for why.
Cost difference
EMB is 11 bps cheaper than PCY. On a $100,000 position that's about $110/yr more in fees for PCY.
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 EMB vs PCY.
Top shared holdings
60 shared in total| # | Holding | In EMB | In PCY | Overlap |
|---|---|---|---|---|
| 1 | Oman Government International Bonds | 0.42% | 0.95% | 0.42% |
| 2 | Republic of South Africa Government International Bonds | 0.34% | 0.94% | 0.34% |
| 3 | Panama Government International Bonds | 0.30% | 0.97% | 0.30% |
| 4 | Republic of Poland Government International Bonds | 0.29% | 1.46% | 0.29% |
| 5 | Oman Government International Bonds | 0.29% | 0.92% | 0.29% |
| 6 | REPUBLIC OF ANGOLA | 0.29% | 0.99% | 0.29% |
| 7 | Egypt Government International Bonds | 0.28% | 0.97% | 0.28% |
| 8 | FED REPUBLIC OF BRAZIL | 0.27% | 0.95% | 0.27% |
| 9 | Hungary Government International Bonds | 0.27% | 0.95% | 0.27% |
| 10 | Angola Government International Bonds | 0.24% | 1.04% | 0.24% |
| 11 | Dominican Republic International Bonds | 0.24% | 0.95% | 0.24% |
| 12 | REPUBLIC OF KAZAKHSTAN | 0.23% | 0.96% | 0.23% |
Only in EMB
554 total- Argentina Republic Government International Bonds 1.21%
- Ecuador Government International Bonds 0.78%
- Argentina Republic Government International Bonds 0.70%
- Argentina Republic Government International Bonds 0.65%
- Argentina Republic Government International Bonds 0.57%
- Ghana Government International Bonds 0.55%
- Uruguay Government International Bonds 0.51%
- EAGLE FUNDING LUXCO SARL 0.50%
- UKRAINE GOVERNMENT 0.42%
- REPUBLIC OF ECUADOR 0.39%
Only in PCY
43 total- Pakistan Government International Bond 1.43%
- Nigeria Government International Bond 1.02%
- El Salvador Government International Bond 1.01%
- El Salvador Government International Bond 1.00%
- El Salvador Government International Bond 1.00%
- Trinidad & Tobago Government International Bond 0.99%
- Guatemala Government Bond 0.99%
- Jordan Government International Bond 0.99%
- Trinidad & Tobago Government International Bond 0.98%
- Republic of Uzbekistan International Bond 0.98%
Related comparisons
More comparisons with EMB
- EMB vs BND · Vanguard Total Bond Market Index Fund ETF Shares 0.9%
- EMB vs SCHZ · Schwab U.S. Aggregate Bond ETF 0.9%
- EMB vs AGG · iShares Core U.S. Aggregate Bond ETF 0.8%
- EMB vs BNDX · Vanguard Total International Bond Index Fund ETF Shares 0.0%
- EMB vs EBND · State Street SPDR Bloomberg Emerging Markets Local Bond ETF 0.0%
- EMB vs EMLC · VanEck J.P. Morgan EM Local Currency Bond ETF 0.0%
More comparisons with PCY
- PCY vs VWOB · Vanguard Emerging Markets Government Bond Index Fund ETF Shares 8.5%
- PCY vs BND · Vanguard Total Bond Market Index Fund ETF Shares 0.1%
- PCY vs AGG · iShares Core U.S. Aggregate Bond ETF 0.1%
- PCY vs SCHZ · Schwab U.S. Aggregate Bond ETF 0.1%
- PCY vs BNDX · Vanguard Total International Bond Index Fund ETF Shares 0.0%
- PCY vs EBND · State Street SPDR Bloomberg Emerging Markets Local Bond ETF 0.0%
Percentages are holdings overlap with the named fund.
Open EMB or PCY 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.