# Portfolio overlap — LEMB vs EMLC

Comparing **iShares J.P. Morgan EM Local Currency Bond ETF** (2026-01-31) and **VanEck J.P. Morgan EM Local Currency Bond ETF** (2026-03-31).

- Shared positions: 421
- iShares J.P. Morgan EM Local Currency Bond ETF covered by VanEck J.P. Morgan EM Local Currency Bond ETF: 0.7782014395304723824536722949
- VanEck J.P. Morgan EM Local Currency Bond ETF covered by iShares J.P. Morgan EM Local Currency Bond ETF: 0.7782014395304723824536722950

## iShares J.P. Morgan EM Local Currency Bond ETF — top positions

| Security | Weight | Shared |
|----------|--------|--------|
| URUGUAY REPUBLICA ORIENTAL DL 9.75% 07/20/2033 | 0.013935 | ✓ |
| Dominican Republic International Bond | 0.013487 | ✓ |
| Serbia Treasury Bonds | 0.011289 | ✓ |
| Dominican Republic International Bonds | 0.011116 | ✓ |
| URUGUAY GOVERNMENT INTERNATION SR UNSECURED 10/35 8 | 0.011059 | ✓ |
| Turkiye Government Bond 30.00 09/12/2029 | 0.011002 | ✓ |
| URUGUAY REPUBLICA ORIENTAL DL 8.25% 05/21/2031 | 0.010814 | ✓ |
| Serbia Treasury Bonds | 0.009768 | ✓ |
| Serbia Treasury Bonds | 0.009536 | ✓ |
| Serbia Treasury Bonds | 0.009107 | ✓ |
| TURKIYE GOVERNMENT BOND TRY 26.2% 10-05-33 | 0.007956 | ✓ |
| Dominican Republic International Bonds | 0.007693 | ✓ |
| Dominican Republic International Bond | 0.007466 | ✓ |
| Presidencia da Republica | 0.007142 | ✓ |
| SOUTH AFRICA REPUBLIC OF 8.75% 02/28/2048 | 0.007054 | ✓ |
| TESORERIA PESOS | 0.006865 | ✓ |
| PERU REPUBLIC OF 7.3% 08/12/2033 144A REGS | 0.006323 | ✓ |
| TURKIYE GOVERNMENT BOND TRY 31.08% 11-08-28 | 0.006284 | ✓ |
| BRAZIL LETRAS DO TESOURO NACIONAL 0% 01/01/2029 | 0.005955 | ✓ |
| SOUTH AFRICA REPUBLIC OF 8.875% 02/28/2035 | 0.005643 | ✓ |
| MEXICAN BONOS MXN 7.75% 05-29-31 | 0.005566 | ✓ |
| Presidencia da Republica | 0.005459 | ✓ |
| TITULOS DE TESORERIA 13.250000% 02/09/2033 | 0.005398 | ✓ |
| PERU REPUBLIC OF 6.15% 08/12/2032 | 0.005375 | ✓ |
| PERU REPUBLIC OF 6.9% 08/12/2037 | 0.005241 | ✓ |
| SOUTH AFRICA REPUBLIC OF 8.25% 03/31/2032 | 0.005235 | ✓ |
| MEXICO UNITED MEXICAN STATES 8.5% 03/01/2029 | 0.005210 | ✓ |
| SOUTH AFRICA REPUBLIC OF 8.5% 01/31/2037 | 0.005135 | ✓ |
| PERU REPUBLIC OF 5.4% 08/12/2034 | 0.005109 | ✓ |
| TESORERIA PESOS | 0.005036 | ✓ |
| PERU REPUBLIC OF 6.85% 08/12/2035 144A REGS | 0.004973 | ✓ |
| SOUTH AFRICA REPUBLIC OF 8% 01/31/2030 | 0.004880 | ✓ |
| MEXICO UNITED MEXICAN STATES 7.75% 11/13/2042 | 0.004786 | ✓ |
| MEXICO UNITED MEXICAN STATES 8.5% 05/31/2029 | 0.004761 | ✓ |
| MEXICO UNITED MEXICAN STATES 7.75% 11/23/2034 | 0.004728 | ✓ |
| Presidencia de la Republica de Chile | 0.004716 | ✓ |
| South Africa, Parliament of | 0.004673 | ✓ |
| Presidencia da Republica | 0.004606 | ✓ |
| Presidencia de la Republica de Chile | 0.004587 | ✓ |
| Urzad Rady Ministrow | 0.004585 | ✓ |
| South Africa, Parliament of | 0.004582 | ✓ |
| HUNGARY REPUBLIC OF 6.75% 10/22/2028 | 0.004537 | ✓ |
| MEXICO UNITED MEXICAN STATES 8% 07/31/2053 | 0.004415 | ✓ |
| Republic of India | 0.004413 | ✓ |
| URUGUAY REPUBLICA ORIENTAL DL 8.5% 03/15/2028 REGS | 0.004376 | ✓ |
| Urzad Rady Ministrow | 0.004362 | ✓ |
| Colombia Titulos de Tesoreria, Series B | 0.004212 | ✓ |
| Presidencia da Republica | 0.004121 | ✓ |
| TESORERIA PESOS | 0.004111 | ✓ |
| Republic of India | 0.004106 | ✓ |

## VanEck J.P. Morgan EM Local Currency Bond ETF — top positions

| Security | Weight | Shared |
|----------|--------|--------|
| Presidencia da Republica | 0.009646 | ✓ |
| SOUTH AFRICA REPUBLIC OF 8.75% 02/28/2048 | 0.007752 | ✓ |
| BRAZIL LETRAS DO TESOURO NACIONAL 0% 01/01/2029 | 0.007668 | ✓ |
| MEXICAN BONOS MXN 7.75% 05-29-31 | 0.007541 | ✓ |
| Turkiye Government Bond 30.00 09/12/2029 | 0.006953 | ✓ |
| TITULOS DE TESORERIA 13.250000% 02/09/2033 | 0.006641 | ✓ |
| Presidencia da Republica | 0.006633 | ✓ |
| SOUTH AFRICA REPUBLIC OF 8.875% 02/28/2035 | 0.006615 | ✓ |
| MEXICO UNITED MEXICAN STATES 7.75% 11/23/2034 | 0.006604 | ✓ |
| Presidencia da Republica | 0.006479 | ✓ |
| MEXICO UNITED MEXICAN STATES 7.75% 11/13/2042 | 0.006479 | ✓ |
| MEXICO UNITED MEXICAN STATES 8.5% 03/01/2029 | 0.006335 | ✓ |
| SOUTH AFRICA REPUBLIC OF 8.5% 01/31/2037 | 0.006181 | ✓ |
| SOUTH AFRICA REPUBLIC OF 8.25% 03/31/2032 | 0.006060 | ✓ |
| SOUTH AFRICA REPUBLIC OF 8% 01/31/2030 | 0.005974 | ✓ |
| MEXICO UNITED MEXICAN STATES 8% 07/31/2053 | 0.005901 | ✓ |
| Urzad Rady Ministrow | 0.005761 | ✓ |
| Urzad Rady Ministrow | 0.005696 | ✓ |
| South Africa, Parliament of | 0.005584 | ✓ |
| TESORERIA PESOS | 0.005496 | ✓ |
| South Africa, Parliament of | 0.005336 | ✓ |
| MEXICO UNITED MEXICAN STATES 7.5% 05/26/2033 | 0.005283 | ✓ |
| PERU REPUBLIC OF 7.3% 08/12/2033 144A REGS | 0.005221 | ✓ |
| TURKIYE GOVERNMENT BOND TRY 26.2% 10-05-33 | 0.005207 | ✓ |
| Presidencia da Republica | 0.005083 | ✓ |
| TITULOS DE TESORERIA 11.000000% 08/22/2029 | 0.005064 | ✓ |
| BRAZIL LETRAS DO TESOURO NACIONAL BRL 0.0% 07-01-27 | 0.005001 | ✓ |
| Urzad Rady Ministrow | 0.004903 | ✓ |
| Brazil Letras do Tesouro Nacional | 0.004795 | ✓ |
| Urzad Rady Ministrow | 0.004689 | ✓ |
| Urzad Rady Ministrow | 0.004550 | ✓ |
| PERU REPUBLIC OF 6.15% 08/12/2032 | 0.004546 | ✓ |
| PERU REPUBLIC OF 5.4% 08/12/2034 | 0.004531 | ✓ |
| Colombia Titulos de Tesoreria, Series B | 0.004431 | ✓ |
| PERU REPUBLIC OF 6.9% 08/12/2037 | 0.004404 | ✓ |
| PERU REPUBLIC OF 6.85% 08/12/2035 144A REGS | 0.004403 | ✓ |
| INDIA GOVERNMENT BOND 6.330000% 05/05/2035 | 0.004367 | ✓ |
| Urzad Rady Ministrow | 0.004347 | ✓ |
| Republic of India | 0.004325 | ✓ |
| Republic of India | 0.004310 | ✓ |
| TESORERIA PESOS | 0.004305 | ✓ |
| TURKIYE GOVERNMENT BOND TRY 31.08% 11-08-28 | 0.004284 | ✓ |
| MEXICO UNITED MEXICAN STATES 8.5% 11/18/2038 | 0.004265 | ✓ |
| MEXICO UNITED MEXICAN STATES 8.5% 05/31/2029 | 0.004099 | ✓ |
| URUGUAY REPUBLICA ORIENTAL DL 9.75% 07/20/2033 | 0.004017 | ✓ |
| TITULOS DE TESORERIA 11.500000% 07/25/2046 | 0.003993 | ✓ |
| International Finance Corp | 0.003936 |  |
| Republic of India | 0.003884 | ✓ |
| REPUBLIC OF POLAND GOVERNMENT BOND PLN 1.25% 10-25-30 | 0.003849 | ✓ |
| Sandor-Palota | 0.003848 | ✓ |


## Sources

- N-PORT (fund A) — accession `0001410368-26-031750` (as of 2026-01-31)
  <https://www.sec.gov/Archives/edgar/data/930667/000141036826031750/0001410368-26-031750-index.htm>
- N-PORT (fund B) — accession `0001410368-26-054850` (as of 2026-03-31)
  <https://www.sec.gov/Archives/edgar/data/1137360/000141036826054850/0001410368-26-054850-index.htm>

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