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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
6.2 %

212 positions appear in both funds. Buying equal dollars of EMLC and IAGG would leave roughly 6.2% of each dollar exposed to the same underlying securities.

EMLC unmatched 91.8% Shared 6.2% IAGG unmatched 85.5%

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 EMLC only
285 positions
Shared
212 positions
In IAGG only
7,915 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
$4.95B
TTM yield
6.44%
Top-10 conc.
7.2%
IAGG

iShares Core International Aggregate Bond ETF

iShares · International Bond

87 composite / 100
Expense ratio
0.070%
Net assets
$11.76B
TTM yield
5.20%
Top-10 conc.
6.0%

Sub-score comparison

70
Cost
93
48
Tax efficiency
50
87
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

212 shared in total
# Holding In EMLC In IAGG Overlap
1 CHINA GOVERNMENT BOND 0.18% 0.45% 0.18%
2 POLAND GOVERNMENT BOND 0.40% 0.18% 0.18%
3 CHINA GOVERNMENT BOND 0.23% 0.17% 0.17%
4 CHINA GOVERNMENT BOND 0.17% 1.11% 0.17%
5 CHINA GOVERNMENT BOND 0.16% 0.54% 0.16%
6 CHINA GOVERNMENT BOND 0.15% 0.42% 0.15%
7 CHINA GOVERNMENT BOND 0.13% 0.17% 0.13%
8 CHINA GOVERNMENT BOND 0.13% 0.55% 0.13%
9 CHINA GOVERNMENT BOND 0.14% 0.11% 0.11%
10 CHINA GOVERNMENT BOND 0.11% 0.70% 0.11%
11 CHINA GOVERNMENT BOND 0.10% 0.10% 0.10%
12 MEX BONOS DESARR FIX RT 0.68% 0.10% 0.10%

Only in EMLC

285 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%

Only in IAGG

7,915 total
  • CHINA GOVERNMENT BOND 0.76%
  • Bundesobligation 0.43%
  • CHINA DEVELOPMENT BANK 0.35%
  • Bundesrepublik Deutschland Bundesanleihe 0.32%
  • French Republic Government Bonds OAT 0.32%
  • U.K. Gilts 0.25%
  • U.K. Gilts 0.25%
  • FRANCE (GOVT OF) 0.25%
  • French Republic Government Bonds OAT 0.23%
  • AGRICUL DEV BANK CHINA 0.22%

Percentages are holdings overlap with the named fund.

Open EMLC or IAGG 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.