ETF comparison

iShares J.P. Morgan $ EM Bond vs JPEA

iShares J.P. Morgan $ EM Bond UCITS ETF
IE00B2NPKV68iShares
iShares J.P. Morgan $ EM Bond UCITS ETF
IE00BYXYYK40iShares
Figures as of October 21, 2026 (iShares J.P. Morgan $ EM Bond) · October 23, 2026 (JPEA)

The comparison in short

iShares J.P. Morgan $ EM Bond (iShares J.P. Morgan $ EM Bond UCITS ETF, IE00B2NPKV68) and JPEA (iShares J.P. Morgan $ EM Bond UCITS ETF, IE00BYXYYK40) both track the JP Morgan Emerging Markets Bond Global Diversified Core index. iShares J.P. Morgan $ EM Bond and JPEA have the same total expense ratio (TER), 0.45% a year. iShares J.P. Morgan $ EM Bond is the larger fund, with USD 4.2bn in assets against USD 2.3bn for JPEA, about 1.8 times the size. iShares J.P. Morgan $ EM Bond reports 612 holdings and JPEA 615. 10 of the largest holdings of iShares J.P. Morgan $ EM Bond (top 10) and JPEA (top 10) appear in both lists; measured on those positions only, the overlap is at least 6.1%. Shared holdings include ARGENTINA REPUBLIC OF GOVERNMENT 4.13% 2035, ECUADOR REPUBLIC OF (GOVERNMENT) RegS, ARGENTINA REPUBLIC OF GOVERNMENT 0.75% 2030, ARGENTINA REPUBLIC OF GOVERNMENT 5% 2038 and GHANA (REPUBLIC OF) DISCO RegS. In 2025, iShares J.P. Morgan $ EM Bond and JPEA both returned +13.6%. Over 5 years, iShares J.P. Morgan $ EM Bond returned +1.5% a year and JPEA +1.6% a year. JPEA reinvests its income (accumulating), while iShares J.P. Morgan $ EM Bond pays it out (distributing). iShares J.P. Morgan $ EM Bond and JPEA both hold the index securities directly (physical replication). Both are domiciled in Ireland. iShares J.P. Morgan $ EM Bond and JPEA both carry a risk indicator (SRRI) of 3 on the 1–7 scale. This is a factual comparison from the fund houses' documents, not investment advice.

Side by side

FigureiShares J.P. Morgan $ EM BondJPEA
ISINIE00B2NPKV68IE00BYXYYK40
Exchange tickers—JPEA, JPEE, IS02
Fund houseiSharesiShares
Total expense ratio (TER)0.45%0.45%
Ongoing charges (KID)0.45%0.45%
Fund sizeUSD 4.2bnUSD 2.3bn
Launch dateFebruary 15, 2008April 13, 2017
ReplicationPhysicalPhysical
DomicileIrelandIreland
Distribution policyDistributingAccumulating
Share class currencyUSDUSD
Number of holdings612615
Risk indicator (SRRI)3 / 73 / 7
SFDR classificationArticle 6Article 6
BenchmarkJ.P. Morgan Emerging Markets Bond Index Global Diversified CoreJ.P. Morgan Emerging Markets Bond Index Global Diversified Core

Performance

Calendar-year returns

YeariShares J.P. Morgan $ EM BondJPEADifference
2025+13.6%+13.6%0.0
2024+6.0%+6.0%0.0
2023+10.6%+10.6%0.0
2022−18.0%−18.0%0.0
2021−2.5%−2.5%0.0
2020+5.4%+5.4%0.0

Annualised returns

PeriodiShares J.P. Morgan $ EM BondJPEADifference
1 year+0.1%+0.4%−0.3
3 years+10.1%+10.2%−0.1
5 years+1.5%+1.6%−0.1
Returns as published by each fund house, in each share class's currency and net of the fund's charges. The difference is in percentage points. Past performance does not predict future returns.

Holdings

10 of the largest holdings of iShares J.P. Morgan $ EM Bond (top 10) and JPEA (top 10) appear in both lists; measured on those positions only, the overlap is at least 6.1%. Shared holdings include ARGENTINA REPUBLIC OF GOVERNMENT 4.13% 2035, ECUADOR REPUBLIC OF (GOVERNMENT) RegS, ARGENTINA REPUBLIC OF GOVERNMENT 0.75% 2030, ARGENTINA REPUBLIC OF GOVERNMENT 5% 2038 and GHANA (REPUBLIC OF) DISCO RegS.

Top 10 holdings of iShares J.P. Morgan $ EM Bond

#HoldingWeight
1
ARGENTINA REPUBLIC OF GOVERNMENT 4.13% 2035In both
1.12%
2
ECUADOR REPUBLIC OF (GOVERNMENT) RegSIn both
0.75%
3
ARGENTINA REPUBLIC OF GOVERNMENT 0.75% 2030In both
0.67%
4
ARGENTINA REPUBLIC OF GOVERNMENT 5% 2038In both
0.66%
5
GHANA (REPUBLIC OF) DISCO RegSIn both
0.57%
6
URUGUAY (ORIENTAL REPUBLIC OF)In both
0.52%
7
ARGENTINA REPUBLIC OF GOVERNMENT 3.5% 2041In both
0.52%
8
EAGLE FUNDING LUXCO SARL RegSIn both
0.52%
9
OMAN SULTANATE OF (GOVERNMENT) RegSIn both
0.42%
10
UKRAINE (REPUBLIC OF) C BONDS RegSIn both
0.42%

Top 10 holdings of JPEA

#HoldingWeight
1
ARGENTINA REPUBLIC OF GOVERNMENT 4.13% 2035In both
1.10%
2
ECUADOR REPUBLIC OF (GOVERNMENT) RegSIn both
0.75%
3
ARGENTINA REPUBLIC OF GOVERNMENT 0.75% 2030In both
0.67%
4
ARGENTINA REPUBLIC OF GOVERNMENT 5% 2038In both
0.66%
5
GHANA (REPUBLIC OF) DISCO RegSIn both
0.56%
6
URUGUAY (ORIENTAL REPUBLIC OF)In both
0.53%
7
ARGENTINA REPUBLIC OF GOVERNMENT 3.5% 2041In both
0.52%
8
EAGLE FUNDING LUXCO SARL RegSIn both
0.52%
9
OMAN SULTANATE OF (GOVERNMENT) RegSIn both
0.43%
10
UKRAINE (REPUBLIC OF) C BONDS RegSIn both
0.42%
Compare the largest holdings of iShares J.P. Morgan $ EM Bond and JPEA in the overlap checker

Sectors and countries

Largest sectors of iShares J.P. Morgan $ EM Bond

  1. Sovereign87.4%
  2. Owned No Guarantee10.9%
  3. Government Guaranteed1.7%

Largest sectors of JPEA

  1. Sovereign87.3%
  2. Owned No Guarantee10.9%
  3. Government Guaranteed1.7%

Largest countries of iShares J.P. Morgan $ EM Bond

  1. Other8.8%
  2. Saudi Arabia6.4%
  3. Mexico6.3%
  4. Turkey4.9%
  5. Indonesia4.4%
  6. Brazil3.9%
+ 4 more

Largest countries of JPEA

  1. Other8.8%
  2. Saudi Arabia6.4%
  3. Mexico6.3%
  4. Turkey4.9%
  5. Indonesia4.4%
  6. Brazil3.9%
+ 4 more

Frequently asked questions

What is the difference between iShares J.P. Morgan $ EM Bond and JPEA?

iShares J.P. Morgan $ EM Bond (iShares J.P. Morgan $ EM Bond UCITS ETF, IE00B2NPKV68) and JPEA (iShares J.P. Morgan $ EM Bond UCITS ETF, IE00BYXYYK40) both track the JP Morgan Emerging Markets Bond Global Diversified Core index. iShares J.P. Morgan $ EM Bond and JPEA have the same total expense ratio (TER), 0.45% a year. JPEA reinvests its income (accumulating), while iShares J.P. Morgan $ EM Bond pays it out (distributing). iShares J.P. Morgan $ EM Bond and JPEA both hold the index securities directly (physical replication). Both are domiciled in Ireland. This is a factual comparison from the fund houses' documents, not investment advice.

Which is cheaper, iShares J.P. Morgan $ EM Bond or JPEA?

iShares J.P. Morgan $ EM Bond and JPEA have the same total expense ratio (TER), 0.45% a year. Their key information documents state ongoing charges of 0.45% for iShares J.P. Morgan $ EM Bond and 0.45% for JPEA.

Which is bigger, iShares J.P. Morgan $ EM Bond or JPEA?

iShares J.P. Morgan $ EM Bond is the larger fund, with USD 4.2bn in assets against USD 2.3bn for JPEA, about 1.8 times the size.

Do iShares J.P. Morgan $ EM Bond and JPEA hold the same companies?

10 of the largest holdings of iShares J.P. Morgan $ EM Bond (top 10) and JPEA (top 10) appear in both lists; measured on those positions only, the overlap is at least 6.1%. Shared holdings include ARGENTINA REPUBLIC OF GOVERNMENT 4.13% 2035, ECUADOR REPUBLIC OF (GOVERNMENT) RegS, ARGENTINA REPUBLIC OF GOVERNMENT 0.75% 2030, ARGENTINA REPUBLIC OF GOVERNMENT 5% 2038 and GHANA (REPUBLIC OF) DISCO RegS.

How did iShares J.P. Morgan $ EM Bond and JPEA perform in 2025?

In 2025, iShares J.P. Morgan $ EM Bond and JPEA both returned +13.6%. Over 5 years, iShares J.P. Morgan $ EM Bond returned +1.5% a year and JPEA +1.6% a year. Over the past year, iShares J.P. Morgan $ EM Bond returned +0.1% and JPEA +0.4%. Past performance does not predict future returns.

Are iShares J.P. Morgan $ EM Bond and JPEA accumulating or distributing?

iShares J.P. Morgan $ EM Bond is distributing: it pays its income out to investors. JPEA is accumulating: it reinvests its income in the fund.

Go further

Figures are read from the documents each fund house publishes (product page, factsheet, key information document, holdings file) and refreshed weekly. Names and tickers identify the products; FundFacts API is independent of every fund house and index provider. This comparison is factual information, not investment advice or a recommendation to buy or sell either fund.