BNDX vs EMB: Performance, Holdings, Fees & Risk
BNDX and EMB are ETFs, but they can differ materially in exposure, yield, fees and risk. BNDX is Vanguard Total International Bond ETF, while EMB is iShares J.P. Morgan USD Emerging Markets Bond ETF. BNDX is broader by holdings count, with 6,819 positions versus 619 for EMB. BNDX has the lower expense ratio. Current AlgovestIQ evidence has EMB ahead on AIQ Score, 61 versus 58.
What is the main difference between BNDX and EMB?
BNDX holds 6,819 positions to EMB's 619.
| Metric | BNDX | EMB |
|---|---|---|
| Fund | ||
| Expense ratio | 0.07% | 0.39% |
| Holdings | 6,819 | 619 |
| Distribution yieldTrailing 12 months | 4.66% | 5.41% |
| Average volume | 4,533,252 | 6,815,821 |
| Performance | ||
| 1Y return | -5.5% | -4.7% |
| YTD return | -2.5% | -5.3% |
| 5Y annualized returnTotal return, distributions reinvested | +0.2% | +1.4% |
| Risk | ||
| Annualized volatility | 4.3% | 6.2% |
| Max drawdown (1Y) | -6.3% | -7.8% |
| Max drawdown (5Y)Total return, distributions reinvested | -15.2% | -27.5% |
| Beta | 0.14 | 0.32 |
| Sharpe ratio | -2.18 | -1.39 |
| Sortino ratio | -2.62 | -1.98 |
| AlgovestIQ | ||
| AIQ Score | 58/100 | 61/100 |
| AIQ Edge Score | 7/10 | 8/10 |
| Momentum | 52/100 | 46/100 |
| Risk Resilience | 83/100 | 89/100 |
AlgovestIQ AIQ Comparison
Vanguard Total International Bond ETF vs iShares J.P. Morgan USD Emerging Markets Bond ETF
EMB leads
EMB leads by 3 AIQ points, primarily on Value and Risk Resilience.
Fragile: 2 of 4 evidence groups support EMB, and its current signal state is conflicted.
Vanguard Total International Bond ETF
iShares J.P. Morgan USD Emerging Markets Bond ETF
The Algovestiq AIQ Score currently favors EMB over BNDX, 61 versus 58 as of Oct 21, 2026. EMB's advantage is driven primarily by stronger value and risk resilience, while BNDX holds the stronger momentum profile. EMB also shows the weaker technical structure relative to its 50-day moving average. 2 of 4 covered evidence groups favor EMB today, and the comparison is rated Fragile on stability: the AIQ gap is narrow at 3 points. EMB lead: Stable — the AIQ differential has held near 3 points over 30 sessions.
Compare Vanguard Total International Bond ETF and iShares J.P. Morgan USD Emerging Markets Bond ETF across performance, expense ratio, dividend yield, drawdown, volatility and the Algovestiq AIQ Score.
BNDX vs EMB: which fits what
Each row is settled by a single measure. Where the gap is too small to matter it reads Similar, and no row decides the comparison as a whole.
| If you want | BNDX | EMB | Fits |
|---|---|---|---|
| Lower costExpense ratio | 0.07% | 0.39% | BNDX |
| Broader diversificationNumber of holdings | 6,819 | 619 | BNDX |
| Higher incomeTrailing 12-month distribution yield | 4.66% | 5.41% | EMB |
| Smaller drawdownsMax drawdown, 5 years | -15.2% | -27.5% | BNDX |
| Lower volatilityAnnualized volatility, 1 year | 4.3% | 6.2% | BNDX |
Similar means the gap is within 0.01 percentage points of expense ratio, 25% more holdings, 3 points of top-10 weight, 0.2 points of yield, 2 points of drawdown or 1 point of volatility. Past drawdowns and volatility describe the funds’ history, not their future.
Performance over time
Total return with distributions reinvested, from daily closes for both ETFs.
Total return comparison
Growth of $10,000, distributions reinvested
Split-adjusted closes; each distribution is reinvested at the close on its ex-dividend date. Taxes and trading costs are not modeled.
Compare BNDX and EMB against another ticker
Open a multi-ticker workspace without changing this focused pair page.
AIQ Factor Divergence
Where the two separate, on the four dimensions behind the AIQ Score. Bars read outward from a shared zero: further from the centre is a wider gap.
- Value36 vs 55EMB +19
- Momentum52 vs 46BNDX +6
- Risk Resilience83 vs 89EMB +6
- Quality72 vs 67BNDX +5
2 of 4 evidence groups favor EMB. EMB’s edge is concentrated in value and risk resilience; BNDX keeps a meaningful momentum edge.
What changed since the last close
Latest scored session 2026-10-20, compared against the prior scored session 2026-10-19.
Largest factor move: Momentum +2
No signal started or stopped since the prior session; its 5 active signals are unchanged.
Largest factor move: Momentum +6
No signal started or stopped since the prior session; its 6 active signals are unchanged.
EMB's lead was unchanged in the latest session.
Deeper signal detail for each name lives on its own signals page — BNDX and EMB both carry a full feed there.
The central trade-off
EMB (iShares J.P. Morgan USD Emerging Markets Bond ETF): the stronger current systematic profile, led by value and risk resilience.
BNDX (Vanguard Total International Bond ETF): the counter-case, on momentum, quality, technicals.
Fund facts, side by side
Two funds tracking overlapping universes are separated by cost and risk far more than by holdings. Those lead here.
| Measure | BNDX | EMB | Why it matters |
|---|---|---|---|
| Expense ratio | 0.07% | 0.39% | Lower is better — it compounds against you every year you hold. |
| Holdings | 6,819 | 619 | More holdings means broader diversification, not better returns. |
| Average volume | 4,533,252 | 6,815,821 | Liquidity — matters most if you trade size. |
| Annualized volatility | 4.3% | 6.2% | Lower is a steadier ride for the same exposure. |
| Max drawdown (1Y) | -6.3% | -7.8% | The worst peak-to-trough loss over the past year. |
| Sharpe ratio | -2.18 | -1.39 | Return per unit of risk. Higher is better. |
| Beta | 0.14 | 0.32 | Sensitivity to the broad market. Neither direction is better — it depends on the role in your portfolio. |
Where the exposure actually sits
Sector exposure for each fund, ordered by the size of the difference.
AIQ Agreement Matrix
2 of 4 covered evidence groups favor EMB. A wide gap backed by one group is a weaker case than a narrow gap backed by five.
| Evidence group | Favors | Reading |
|---|---|---|
| AIQ Score | Even | 58 vs 61 |
| Fundamentals | Not covered | Not covered |
| Valuation | EMB | Value 36 vs 55 |
| Technicals | BNDX | Price vs 50-day -0.3% vs -1.8%; vs 200-day -1.8% vs -4.1% |
| Risk Resilience | EMB | Risk Resilience 83 vs 89 |
| Analyst expectations | Not covered | Not covered |
✓ agrees with the overall verdict · ✕ points the other way. Groups marked “not covered” lack data on one or both of BNDX and EMB and are excluded from the count.
AIQ Decision Stability
The conclusion is sensitive to small changes. Treat the lead as provisional and watch the flip conditions below.
- The AIQ gap is narrow at 3 points. (argues the conclusion is provisional)
- Only 2 of 4 covered evidence groups agree. (argues the conclusion is provisional)
- The lead has been steady session to session. (supports the conclusion holding)
- The leader is throwing conflicting signals. (argues the conclusion is provisional)
Stability combines the score gap, how broadly the evidence agrees, how steady the lead has been across daily snapshots, the current signal state on both names, and analyst dispersion on EMB.
How the comparison changed
120 daily snapshots · Jun 21 – Oct 20EMB lead: Stable — the AIQ differential has held near 3 points over 30 sessions.
- Today
- EMB +3
- 58 vs 61
- 7 sessions ago
- EMB +1
- 59 vs 60
- 30 sessions ago
- EMB +4
- 52 vs 56
- 90 sessions ago
- EMB +6
- 53 vs 59
The lead has not changed hands in this window.
AIQ Signal Divergence
Only the signals that bear on the head-to-head. A conflicted name is carrying bullish and bearish rules at the same time — the technical evidence is not pointing one way.
1 bullish / 3 bearish / 1 neutral, conflicted
No signal that the other name lacks.
1 bullish / 3 bearish / 2 neutral, conflicted
Only EMB
- Bollinger Band Squeeze — neutral, volatility, short horizon
Both carry 5 more signals that do not separate them: Death Cross Active, ATR Contraction - Coiling, 52-Week Low Proximity, Downtrend Structure Active, MACD Bullish Crossover.
EMB leads the comparison while carrying a conflicted signal state, which is one reason the stability rating is not higher.
Price vs model alignment
Whether the latest session's price move confirms what the model did over the same session, or contradicts it.
Neither the price nor the AIQ Score moved enough in the latest session to confirm or contradict the other (price -0.04%, AIQ +1 points).
Price and the AIQ Score both moved up over the latest session (price +0.24%, AIQ +1 points).
What would flip this result
A state, not a forecast. These are the specific, observable changes that would reverse the verdict — not a price prediction.
- 1BNDX closes the Value gap — currently 19 points behind, the largest single contributor to EMB's edge.
- 2BNDX's Death Cross Active resolves — a bearish trend rule currently active against it.
- 3EMB's conflicting signal state resolves bearish — it currently carries 1 bullish and 3 bearish rules at once.
- 4A regime shift changes factor weighting — Quality and Value carry the heaviest weights in the composite, so a rotation toward either would move the result most.
The full evidence
Every number behind the verdict. The leader is called above each group so you are not left to solve it from the table.
Performance
BNDX leads 5 of 6 windows| Metric | BNDX | EMB |
|---|---|---|
| 1 week (5 sessions) | 0.2% | 0% |
| 1 month (20 sessions) | -0.3% | -2.7% |
| 3 months (63 sessions) | -1.4% | -4.1% |
| 6 months (126 sessions) | -2.1% | -5.1% |
| Year to date | -2.5% | -5.3% |
| 1 year (252 sessions) | -5.5% | -4.7% |
Technicals
BNDX has the stronger structure| Metric | BNDX | EMB |
|---|---|---|
| RSI (14) | 62.5 | 54.9 |
| ADX (14) | 18.1 | 35.8 |
| Price vs 50-day | -0.3% | -1.8% |
| Price vs 200-day | -1.8% | -4.1% |
| Volatility (1M, annualized) | 3.5% | 7.4% |
Risk
EMB is the more resilient| Metric | BNDX | EMB |
|---|---|---|
| Beta | 0.14 | 0.32 |
| Sharpe ratio | -2.18 | -1.39 |
| Sortino ratio | -2.62 | -1.98 |
| Max drawdown | -6.3% | -7.8% |
| Current drawdown | -5.6% | -6.7% |
| Annualized volatility | 4.3% | 6.2% |
| Value at risk (95%) | -0.4% | -0.7% |
Straight answers
Short answers to the questions fund investors ask about this pair, from the figures above.
What is the difference between BNDX and EMB?
BNDX holds 6,819 positions to EMB's 619.
Which ETF is more diversified, BNDX or EMB?
BNDX holds more positions: 6,819 versus 619 for EMB.
Which has the lower expense ratio?
BNDX has the lower expense ratio, 0.07% a year against 0.39% for EMB.
Which ETF has the higher distribution yield?
EMB, with a trailing 12-month distribution yield of 5.41% against 4.66% for BNDX.
Which ETF has been more volatile?
EMB has been more volatile over the past year, at 6.2% annualized against 4.3% for BNDX.
Which ETF has had the smaller drawdown?
BNDX fell less from peak to trough over the past five years: -15.2% against -27.5% for EMB.
Compare BNDX and EMB with others
Continue your research
This page answers which of the two. These answer the questions on either side of it.
How this comparison is scored
The Algovestiq AIQ Score composites four factors — Quality, Value, Momentum and Risk, each carrying a fixed weight. Sentiment is reported separately as SentimentPulse and is not folded into the composite. Scores refresh every trading day, and this page regenerates from the latest snapshot rather than being written once.
The verdict names a leader, states how broadly six independent evidence groups agree, and rates how durable that conclusion is given the score gap, its recent trajectory and the current signal state on both names.
How to use side-by-side comparison →This comparison is informational and educational, not investment advice. AIQ scores update daily; re-check after earnings, guidance or macro data that materially changes either name’s factor profile.