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



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Upturn Advisory Summary
08/14/2025: LEMB (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Analysis of Past Performance
Type ETF | Historic Profit 7.93% | Avg. Invested days 55 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating ![]() ![]() | Upturn Advisory Performance ![]() | ETF Returns Performance ![]() |
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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 |
Upturn AI SWOT
iShares J.P. Morgan EM Local Currency Bond ETF
ETF Overview
Overview
The iShares J.P. Morgan EM Local Currency Bond ETF (LEMB) seeks to track the investment results of an index composed of emerging market local currency bonds. It primarily focuses on providing exposure to government bonds issued in local currencies of emerging market countries.
Reputation and Reliability
BlackRock, the issuer, is one of the world's largest asset managers with a strong reputation and long track record of managing ETFs.
Management Expertise
BlackRock has extensive experience and expertise in managing fixed income portfolios and ETFs, with a dedicated team focused on emerging market debt.
Investment Objective
Goal
To track the investment results of an index composed of emerging market local currency bonds.
Investment Approach and Strategy
Strategy: LEMB aims to track the J.P. Morgan GBI-EM Global Diversified 15% Country Capped Index.
Composition The ETF primarily holds emerging market government bonds denominated in local currencies. It may also hold cash or other short-term instruments.
Market Position
Market Share: LEMB is a significant player in the emerging market local currency bond ETF space, but market share fluctuates.
Total Net Assets (AUM): 2360000000
Competitors
Key Competitors
- VanEck J.P. Morgan EM Local Currency Bond ETF (EMLC)
- WisdomTree Emerging Markets Local Debt Fund (ELD)
Competitive Landscape
The competitive landscape is dominated by a few major players. LEMB benefits from BlackRock's brand and established tracking methodology. However, competitors may offer lower expense ratios or slightly different index tracking, leading to shifts in market share over time.
Financial Performance
Historical Performance: Historical performance varies depending on the time period. Data not provided, requires API access.
Benchmark Comparison: LEMB's performance is typically compared to the J.P. Morgan GBI-EM Global Diversified 15% Country Capped Index. Data not provided, requires API access.
Expense Ratio: 0.3
Liquidity
Average Trading Volume
LEMB generally exhibits moderate trading volume, providing sufficient liquidity for most investors.
Bid-Ask Spread
The bid-ask spread for LEMB is typically narrow, indicating relatively low trading costs.
Market Dynamics
Market Environment Factors
Emerging market economic growth, interest rate differentials, currency fluctuations, and global risk appetite all significantly impact LEMB's performance.
Growth Trajectory
LEMB's growth is tied to the overall demand for emerging market debt. Fluctuations in global interest rates and investor sentiment can influence its asset base.
Moat and Competitive Advantages
Competitive Edge
LEMB benefits from BlackRock's scale and brand recognition, contributing to investor confidence. The ETF's established track record and adherence to a well-known index provide a degree of predictability. Furthermore, the liquidity and relatively tight bid-ask spread enhance its appeal. Its competitive advantage also stems from its diverse holdings across emerging market countries and currencies. This diversification helps to mitigate some of the risks associated with investing in single-country emerging market debt.
Risk Analysis
Volatility
LEMB's volatility is higher than that of US Treasury bonds due to currency fluctuations and emerging market credit risk.
Market Risk
Risks include currency risk, interest rate risk, emerging market political and economic instability, and credit risk associated with the underlying bonds.
Investor Profile
Ideal Investor Profile
LEMB is suitable for investors seeking exposure to emerging market debt and who are comfortable with the associated risks, including currency fluctuations and political instability.
Market Risk
LEMB is best suited for long-term investors with a higher risk tolerance who seek diversification and potential yield from emerging market debt.
Summary
LEMB offers exposure to emerging market local currency bonds, providing diversification and potential yield. Its performance is influenced by economic and political conditions in emerging markets and fluctuations in currency values. BlackRock's management provides confidence but investors should be mindful of inherent risks. LEMB is suitable for long-term investors with a higher risk tolerance seeking diversification.
Peer Comparison
Sources and Disclaimers
Data Sources:
- iShares website
- BlackRock website
- Morningstar
- ETF.com
Disclaimers:
The data and analysis provided are for informational purposes only and should not be considered investment advice. Investment decisions should be made based on individual circumstances and consultation with a qualified financial advisor. Market share data is estimated and may vary.
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 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.

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