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LEMB
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iShares J.P. Morgan EM Local Currency Bond ETF (LEMB)

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$41.3
Last Close (24-hour delay)
Profit since last BUY7.58%
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BUY since 114 days
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Upturn Advisory Summary

10/01/2025: LEMB (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Analysis of Past Performance

Type ETF
Historic Profit 9.93%
Avg. Invested days 60
Today’s Advisory Consider higher Upturn Star rating
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 3.0
ETF Returns Performance Upturn Returns Performance 3.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 10/01/2025

Key Highlights

Volume (30-day avg) -
Beta 0.9
52 Weeks Range 35.67 - 40.25
Updated Date 06/30/2025
52 Weeks Range 35.67 - 40.25
Updated Date 06/30/2025

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iShares J.P. Morgan EM Local Currency Bond ETF

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ETF Overview

overview logo Overview

The iShares J.P. Morgan EM Local Currency Bond ETF (LEMB) seeks to track the investment results of an index composed of local currency-denominated emerging market bonds. It primarily focuses on providing exposure to government and government-related bonds from emerging market countries.

reliability logo Reputation and Reliability

BlackRock, the issuer, is one of the world's largest asset managers with a strong reputation and track record in the ETF market.

reliability logo Management Expertise

BlackRock has extensive experience and a large team of investment professionals managing a wide range of fixed income ETFs.

Investment Objective

overview logo Goal

The fund seeks to track the investment results of the J.P. Morgan GBI-EM Global Diversified 15% Country Capped Index, which measures the performance of local currency bonds issued by emerging market governments.

Investment Approach and Strategy

Strategy: The ETF employs a representative sampling strategy to track its underlying index.

Composition The ETF primarily holds emerging market government bonds denominated in local currencies.

Market Position

Market Share: LEMB holds a significant, though not dominant, share of the emerging market local currency bond ETF market.

Total Net Assets (AUM): 2480000000

Competitors

overview logo Key Competitors

  • VanEck J.P. Morgan EM Local Currency Bond ETF (EMLC)
  • WisdomTree Emerging Markets Local Debt Fund (ELD)

Competitive Landscape

The competitive landscape involves several ETFs offering exposure to emerging market local currency bonds. LEMB, backed by BlackRock's brand and size, faces competition from VanEck's EMLC and WisdomTree's ELD, each with slightly different index methodologies and expense ratios. LEMB's advantage lies in its AUM and trading volume, while competitors might offer lower expense ratios or different country allocations.

Financial Performance

Historical Performance: Historical performance data needs to be retrieved from financial data providers.

Benchmark Comparison: Benchmark comparison needs to be retrieved from financial data providers and compared to the J.P. Morgan GBI-EM Global Diversified 15% Country Capped Index.

Expense Ratio: 0.3

Liquidity

Average Trading Volume

The average trading volume is reasonably liquid, enabling efficient trading.

Bid-Ask Spread

The bid-ask spread is generally tight, indicating low transaction costs.

Market Dynamics

Market Environment Factors

Economic indicators in emerging markets, interest rate differentials between developed and emerging markets, currency fluctuations, and geopolitical risks affect LEMB.

Growth Trajectory

Growth trends are influenced by the overall health of emerging market economies, investor sentiment towards EM debt, and changes in the composition of the underlying index.

Moat and Competitive Advantages

Competitive Edge

LEMB's competitive edge stems from its large AUM and strong brand recognition as an iShares ETF managed by BlackRock. This provides economies of scale, leading to potentially tighter tracking and competitive expense ratios. Its adherence to the widely recognized J.P. Morgan index also attracts institutional investors. However, the ETF remains exposed to risks associated with emerging market debt and currency fluctuations. The ETF offers diversified exposure and has a liquid market to trade its shares.

Risk Analysis

Volatility

Volatility is expected to be moderate to high, reflecting the inherent risks of emerging market debt and currency fluctuations.

Market Risk

Market risk includes currency risk (local currency depreciation), interest rate risk (rising rates in emerging markets), credit risk (potential defaults), and political/economic instability in emerging market countries.

Investor Profile

Ideal Investor Profile

The ideal investor is someone seeking income and diversification through exposure to emerging market debt, with a higher risk tolerance and a long-term investment horizon.

Market Risk

LEMB is suitable for long-term investors seeking diversification and higher potential returns, but it is not suitable for risk-averse investors or those with short-term investment goals.

Summary

The iShares J.P. Morgan EM Local Currency Bond ETF (LEMB) provides exposure to emerging market government bonds denominated in local currencies, offering diversification and income potential. BlackRock manages it, offering liquidity and a competitive expense ratio. The ETF is exposed to emerging market risks, including currency fluctuations and political instability, making it suitable for risk-tolerant, long-term investors. While not the largest, it presents a substantial portfolio and is generally highly liquid.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • iShares.com
  • Morningstar
  • Bloomberg
  • ETFdb.com

Disclaimers:

The data provided is for informational purposes only and should not be considered investment advice. Investment decisions should be based on thorough research and consultation with a financial advisor. Market conditions can change, and past performance is not indicative of future results.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About iShares 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 will invest at least 80% of its assets in the component securities of the underlying index, and the fund will invest at least 90% of its assets in fixed income securities of the types included in the underlying index that BFA believes will help the fund track the underlying index. The index tracks the performance of local currency-denominated sovereign bond markets of emerging market countries. The fund is non-diversified.