iShares J.P. Morgan EM Local Govt Bond UCITS ETF

iShares J.P. Morgan EM Local Govt Bond UCITS ETF

About

iShares J.P. Morgan EM Local Govt Bond UCITS ETF (IE00BFZPF546) is a UCITS-compliant bond ETF tracking the JP Morgan GBI-EM Global Diversified 10% Cap 1% Floor Index-NET USD. With a TER of 0.5%, its costs are on the higher end for an ETF, reinvesting dividends. The fund holds 377 positions across 15 regions with 449M in assets, with heavy concentration — 61% in government bonds.

ISIN
Fund Size $449.2M
Issuer iShares
Distribution Re-Invests Dividends
Replication Physical
Inception May 2018
Base Currency USD
Index JP Morgan GBI-EM Global Diversified 10% Cap 1% Floor Index-NET USD
Asset Class Bonds
Category Multi Asset

Costs

6.5
This fund has moderate costs compared to similar ETFs.

Cost Metrics Explained

What TER, tracking difference, and TD consistency measure

TER (Total Expense Ratio) is the annual fee the fund charges, deducted from assets. It’s the headline cost, but not the full picture.

Tracking Difference measures how much the fund actually lags (or leads) its benchmark index per year. This is the single best measure of true cost — it captures TER plus all other drags like sampling error and tax withholding. A lower (or negative) value is better.

TD Consistency measures how stable the tracking difference is from year to year. A low value means predictable, reliable costs; a high value means costs can vary significantly.
TER0.00%
Tracking Difference0.00%
TD Consistency0.00%

Cumulative Returns

Performance across different time periods.
1 Month+0.00%
3 Months+0.00%
Year to Date+0.00%
1 Year+0.00%
3 Years+0.00%
5 Years+0.00%
Inception+0.00%

Holdings

5.9
This fund holds 377 individual investments, offering moderate diversification compared to other ETFs.
#1
ISHARES BRAZIL LTN $ GOVT BO USDHA
3.32%
#2
Brazil Notas Do Tesouro Nacional Serie
1.34%
#3
India Government Bond
1.12%
#4
Brazil Notas Do Tesouro Nacional Serie
1.10%
#5
Republik Südafrika Staatsanleihe
1.08%
#6
India Government Bond
1.05%
#7
CLP CASH
1.00%
#8
China Government Bond
0.99%
#9
India Government Bond
0.97%
#10
India Government Bond
0.96%

Sectors

1.0
This fund is concentrated in just a few of its 2 sectors, reducing diversification.

Regions

5.3
This fund invests across 16 countries, though its geographic allocation deviates somewhat from the global market.

Nerd Stuff

Advanced risk and return metrics (2023-06-20 — 2026-06-18).
5.0%
Volatility
-8.8%
Max Drawdown
0.22
Sharpe Ratio
0.33
Sortino Ratio
0.12
Calmar Ratio
0.20
Beta
-0.84%
Alpha (Jensen's)
0.126
R²
Benchmark-relative metrics (Beta, Alpha, R²) are calculated against the iShares Core S&P 500 ETF (IE00B5BMR087).

Documents

Regulatory and fund documents.
Key Information DocumentFact Sheet

Broker Availability

Where you can buy this ETF.
flatex
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€5.90
Savings Plan
Free
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Free
Trade Republic
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€1.00
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Free
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Free
Trading 212
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Free
Savings Plan
Free
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Free

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