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Upturn AI SWOT - About
VanEck J.P. Morgan EM Local Currency Bond ETF (EMLC)
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Upturn Advisory Summary
08/14/2025: EMLC (2-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Below Average Performance
These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.
Analysis of Past Performance
Type ETF | Historic Profit 8.44% | Avg. Invested days 54 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  3.0 | ETF Returns Performance  3.0 |
| Profits based on simulation | Last Close 08/14/2025 |
Key Highlights
Volume (30-day avg) - | Beta 1.02 | 52 Weeks Range 22.27 - 25.24 | Updated Date 06/30/2025 |
52 Weeks Range 22.27 - 25.24 | Updated Date 06/30/2025 |
Upturn AI SWOT
VanEck J.P. Morgan EM Local Currency Bond ETF
ETF Overview
Overview
The VanEck J.P. Morgan EM Local Currency Bond ETF (EMLC) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the J.P. Morgan GBI-EM Global Diversified 15% Cap Index. It provides exposure to emerging market government bonds denominated in their local currencies, offering diversification and potential currency appreciation.
Reputation and Reliability
VanEck is a well-established ETF provider with a long history of offering specialized investment products. They are known for their expertise in commodity and international markets.
Management Expertise
VanEck has a dedicated team of portfolio managers and analysts with experience in managing fixed income and emerging market investments.
Investment Objective
Goal
To replicate the price and yield performance of the J.P. Morgan GBI-EM Global Diversified 15% Cap Index.
Investment Approach and Strategy
Strategy: The ETF employs a passive management strategy, tracking the specified index.
Composition The ETF holds emerging market government bonds denominated in their local currencies. The index caps each country's weight at 15% to promote diversification.
Market Position
Market Share: EMLC's market share reflects its position as a provider of exposure to emerging market local currency bonds.
Total Net Assets (AUM): 3318000000
Competitors
Key Competitors
- iShares J.P. Morgan EM Local Currency Bond ETF (LEMB)
- Invesco DB USD Emerging Market Bond ETF (UDB)
- WisdomTree Emerging Markets Local Debt Fund (ELD)
Competitive Landscape
The competitive landscape includes ETFs that track similar emerging market local currency bond indices. EMLC's advantages include its established track record and brand recognition. Disadvantages may include a slightly higher expense ratio compared to some competitors, but that is outweighed by liquidity and AUM.
Financial Performance
Historical Performance: Historical performance data needs to be sourced directly from financial data providers. Refer to EMLC's fund factsheet for up-to-date information.
Benchmark Comparison: Benchmark comparison needs to be sourced directly from financial data providers. Refer to EMLC's fund factsheet for up-to-date information.
Expense Ratio: 0.3
Liquidity
Average Trading Volume
EMLC generally exhibits good liquidity, facilitating ease of trading for investors.
Bid-Ask Spread
The bid-ask spread for EMLC is typically tight, reflecting its good liquidity.
Market Dynamics
Market Environment Factors
Economic growth in emerging markets, interest rate differentials, currency fluctuations, and geopolitical events all influence EMLC's performance.
Growth Trajectory
EMLC's growth trajectory is tied to the performance of emerging market economies and their local currencies, which could shift holdings based on index composition changes.
Moat and Competitive Advantages
Competitive Edge
EMLC's competitive advantage lies in its replication of a widely followed emerging market bond index and VanEck's expertise in managing specialized ETFs. The 15% cap per country provides a measure of diversification. The ETF's relatively large AUM compared to some peers translates to tighter bid-ask spreads and greater liquidity. VanEck's reputation in fixed income helps attract and retain investors. EMLC provides diversified access to EM local currency debt.
Risk Analysis
Volatility
EMLC's volatility is influenced by fluctuations in emerging market currencies and interest rates.
Market Risk
EMLC is subject to emerging market risk, currency risk, and interest rate risk.
Investor Profile
Ideal Investor Profile
The ideal investor for EMLC is one seeking diversified exposure to emerging market debt and potential currency appreciation and is comfortable with emerging market risk.
Market Risk
EMLC is suitable for long-term investors seeking diversification and income from emerging market debt.
Summary
The VanEck J.P. Morgan EM Local Currency Bond ETF (EMLC) offers exposure to emerging market government bonds denominated in local currencies and can offer diversification from domestic bonds. It is a passively managed ETF that tracks the J.P. Morgan GBI-EM Global Diversified 15% Cap Index, seeking to replicate its price and yield performance. Its competitive advantages are its brand name, liquidity and the capping mechanism to diversify country risk. Investors should carefully consider the currency risk and emerging market risk before investing. EMLC is a suitable choice for long-term investors with a tolerance for volatility.
Peer Comparison
Sources and Disclaimers
Data Sources:
- VanEck website
- ETF.com
- Morningstar
- Bloomberg
Disclaimers:
The information provided is for informational purposes only and does not constitute investment advice. Investors should conduct their own research and consult with a qualified financial advisor before making any investment decisions. Market share data is estimated and may not be precise.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About VanEck J.P. Morgan EM Local Currency Bond ETF
Exchange NYSE ARCA | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
The fund normally invests at least 80% of its total assets in securities that comprise the fund's benchmark index. The index is comprised of bonds issued by emerging market governments and denominated in the local currency of the issuer. It may concentrate its investments in a particular industry or group of industries to the extent that the index concentrates in an industry or group of industries. The fund is non-diversified.
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