EMB vs IUSB: Holdings Overlap
EMBiShares J.P. Morgan USD Emerging Markets Bond ETF
iShares · 675 holdings · $14.7B · as of 2026-04-30
IUSBiShares Core Universal USD Bond ETF
iShares · 17783 holdings · $43.2B · as of 2026-04-30
How similar are EMB and IUSB?
iShares J.P. Morgan USD Emerging Markets Bond ETF (EMB, by iShares) holds 675 positions; iShares Core Universal USD Bond ETF (IUSB, by iShares) holds 17783. They have 665 holdings in common, and by portfolio weight the two funds are 3.2% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 3.2%Sum of the smaller weight of each shared holding
- Shared Holdings
- 665EMB holds 675 · IUSB holds 17783
- Weight in Shared Holdings
- EMB 97%·IUSB 3%Share of each fund's weight in stocks both funds own
Based on each fund's latest official holdings. How is this calculated?
What makes each fund different
Only in EMB
10 of 675 positions (0.6% of the fund) are not held by IUSB.
- Latvia Government International Bond0.17%
- Sinopec Group Overseas Development 2012 Ltd0.12%
- Suriname Government International Bond0.06%
- Lebanon Government International Bond0.05%
- Serbia International Bond0.05%
- Lebanon Government International Bonds0.04%
Only in IUSB
17118 of 17783 positions (95.3% of the fund) are not held by EMB. Showing the top 30 by weight.
- U.S. Treasury Notes0.37%
- U.S. Treasury Notes0.37%
- U.S. Treasury Notes0.37%
- U.S. Treasury Notes0.37%
- U.S. Treasury Notes0.36%
- U.S. Treasury Notes0.36%
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| EMB | -0.3% | +2.0% | +7.3% | +9.0% | +1.8% | +2.9% | 5.12% |
| IUSB | -0.2% | +0.3% | +2.8% | +4.7% | +0.2% | +1.8% | 4.28% |
Total returns including dividends, from adjusted daily closes as of 2026-08-07. 3Y/5Y/10Y are annualized. Yield is trailing-12-month distributions over the last close. Past performance does not predict future results.
Project the growth of $10,000 in EMB vs IUSB →
Shared Holdings(665)
The top 10 shared positions account for 8% of the overlap, led by Argentina Republic Government International Bonds, Argentina Republic Government International Bonds and Eagle Funding Luxco Sarl.
| Argentina Republic Government International Bonds | 1.10% | 0.05% | 0.05% |
|---|---|---|---|
| Argentina Republic Government International Bonds | 0.63% | 0.03% | 0.03% |
| Eagle Funding Luxco Sarl | 0.50% | 0.03% | 0.03% |
| Argentina Republic Government International Bonds | 0.52% | 0.03% | 0.03% |
| Argentina Republic Government International Bonds | 0.71% | 0.03% | 0.03% |
| Petroleos Mexicanos | 0.31% | 0.02% | 0.02% |
| Petroleos Mexicanos | 0.29% | 0.02% | 0.02% |
| Ecuador Government International Bonds | 0.77% | 0.02% | 0.02% |
| Saudi Government International Bonds | 0.23% | 0.01% | 0.01% |
| Saudi Government International Bonds | 0.21% | 0.01% | 0.01% |
| Saudi Government International Bond | 0.21% | 0.01% | 0.01% |
| Petroleos Mexicanos | 0.20% | 0.01% | 0.01% |
| Brazil Government International Bonds | 0.37% | 0.01% | 0.01% |
| Saudi Government International Bonds | 0.19% | 0.01% | 0.01% |
| Saudi Government International Bonds | 0.17% | 0.01% | 0.01% |
| Mexico Government International Bonds | 0.17% | 0.01% | 0.01% |
| Saudi Government International Bonds | 0.18% | 0.01% | 0.01% |
| Mexico Government International Bond | 0.16% | 0.01% | 0.01% |
| Ghana Government International Bonds | 0.52% | 0.01% | 0.01% |
| Mexico Government International Bonds | 0.17% | 0.01% | 0.01% |
| Saudi Government International Bond | 0.17% | 0.01% | 0.01% |
| Abu Dhabi Government International Bonds | 0.13% | 0.01% | 0.01% |
| Uruguay Government International Bonds | 0.51% | 0.01% | 0.01% |
| Mexico Government International Bond | 0.17% | 0.01% | 0.01% |
| Mexico Government International Bond | 0.17% | 0.01% | 0.01% |
Showing the top 250 of 665 shared holdings by overlap weight.
Frequently Asked Questions
How much do EMB and IUSB overlap?
EMB and IUSB overlap by 3.2% of portfolio weight. They share 665 holdings (EMB holds 675 positions and IUSB holds 17783), based on each fund's latest SEC-reported holdings.
Is it redundant to own both EMB and IUSB?
The two portfolios are 3.2% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What are the biggest shared holdings of EMB and IUSB?
The largest positions held by both funds are Argentina Republic Government International Bonds, Argentina Republic Government International Bonds, Eagle Funding Luxco Sarl, Argentina Republic Government International Bonds and Argentina Republic Government International Bonds. Together the top 10 shared positions account for 8% of the total overlap.
What does EMB own that IUSB doesn't?
10 positions (0.6% of EMB) are unique to EMB, led by Latvia Government International Bond, Sinopec Group Overseas Development 2012 Ltd and Suriname Government International Bond. In the other direction, 17118 positions (95.3% of IUSB) are unique to IUSB.