iShares J.P. Morgan Broad USD Emerging… (BEMB) Performance
BEMB total return
Distributions reinvested · as of Oct 23, 2026- YTD
- −1.1% since Dec 31, 2025
- 1 year
- +0.4% total return
- 3 years
- +9.0% a year
- Since first price
- +6.9% a year since 2023
BEMB trailing returns vs AGG, TLT, SPY
| Period | BEMB total return | Price only | U.S. bonds (AGG) | 20+ yr Treasuries (TLT) | S&P 500 (SPY) |
|---|---|---|---|---|---|
| 1 month | −0.9% | −1.4% | +0.9% | +1.5% | −1.0% |
| 3 months | −1.6% | −3.1% | −0.4% | −1.0% | +3.2% |
| 6 months | −1.8% | −4.8% | −1.5% | −3.8% | +7.8% |
| YTD | −1.1% | −5.5% | −1.0% | −3.4% | +12.3% |
| 1 year | +0.4% | −6.2% | −1.1% | −6.9% | +14.4% |
| 3 years | +29.3%+9.0%/yr | +6.5% | +16.6%+5.2%/yr | +9.7%+3.1%/yr | +87.4%+23.3%/yr |
| Since inceptionFeb 24, 2023 | +27.6%+6.9%/yr | +1.0% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: BEMB vs AGG
From Feb 24, 2023: BEMB grew to $12,760, AGG to $11,319.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
BEMB returns by calendar year
2 of 2 full years positive. Best 2025 (+12.3%), worst 2024 (+5.5%). 2026 is year to date.
BEMB annual returns table
| Year | BEMB | Largest drop | AGG | TLT | SPY |
|---|---|---|---|---|---|
| 2026YTD | −1.1% | −3.9% | −1.0% | −3.4% | +12.3% |
| 2025 | +12.3% | −4.2% | +7.2% | +4.3% | +17.7% |
| 2024 | +5.5% | −3.0% | +1.3% | −8.1% | +24.9% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
BEMB largest drawdowns
Now 3.0% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Jul 31, 2023 | −6.2% | Oct 19, 2023 | Nov 28, 2023 | 3 months | 4 months |
Declines from a closing high (distributions reinvested) of 5% or more. Underwater = time from the peak until the old high was regained.
BEMB risk statistics
| Statistic | 3 years | Since 2023 |
|---|---|---|
| Annualized return | +8.1% | +6.9% |
| Volatility (annualized) | 6.2% | 6.1% |
| Sharpe ratio | 0.59 | 0.39 |
| Sortino ratio | 0.94 | 0.59 |
| Best month | +5.4% | +5.4% |
| Worst month | −3.1% | −3.1% |
| Best 12 months | +17.7% | +17.7% |
| Worst 12 months | +0.8% | +0.8% |
| Positive months | 69% | 67% |
| Beta vs S&P 500 | 0.35 | — |
| Correlation with S&P 500 | 0.70 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
BEMB rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 33 | −0.1% | +8.9% | +17.7% | 97% |
| 3-year (a year) | 9 | +7.6% | +8.3% | +9.4% | 100% |
Every holding period starting at a month-end since 2023. Returns for 3 years and longer are annualized.
BEMB performance overview
iShares J.P. Morgan Broad USD Emerging… (BEMB) returned +0.4% over the past year, with distributions reinvested. Since its first recorded price in 2023 it has returned +6.9% a year, turning $10,000 into about $12,760. Over the same year U.S. bonds (AGG) returned −1.1%.
The deepest decline was −6.2%, from Jul 31, 2023 to Oct 19, 2023, and it took 40 days to get back to the old high. Volatility has been 6.1% a year.
Related: BEMB chart, BEMB dividends, BEMB bond profile. See the BEMB overview for the latest quote and fund facts.
BEMB performance FAQ
What is the BEMB return over the past year?
BEMB returned +0.4% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 6.2%.
How much would $10,000 invested in BEMB be worth?
$10,000 invested in BEMB at its first recorded close on February 24, 2023 would be worth about $12,760 on October 23, 2026 with distributions reinvested.
What was the worst year for BEMB?
The worst calendar year was 2024, with a total return of +5.5%. The best was 2025 at +12.3%.
What is the biggest drawdown of BEMB?
The largest peak-to-trough decline was −6.2% between July 31, 2023 and October 19, 2023. It recovered to the old high on November 28, 2023, 40 days after the bottom.
How volatile is BEMB?
Over the past 3 years BEMB had an annualized volatility of 6.2% and a Sharpe ratio of 0.59 (excess return over 1–3 month T-bills per unit of risk).