iShares J.P. Morgan EM Corporate Bond ETF

10-Year Study

CEMB.US · · US · ETF

Executive Summary: iShares J.P. Morgan EM Corporate Bond ETF has compounded at 3.4% annually over the last 10 years, with a maximum drawdown of 20.3% and an annualized volatility of 13.2%.

1Y CAGR
+6.3%
3Y CAGR
+7.1%
5Y CAGR
+1.8%
10Y CAGR
+3.4%

History & Riski10-year historical performance analysis including CAGR, Max Drawdown, Sharpe & Sortino ratios, annual returns, and rolling volatility — all computed from daily market data.

10-Year Growth of $10,000

Max DrawdownMax DrawdownThe largest peak-to-trough decline in the asset's value over the measurement period.Click for full definition →
20.3%
Sharpe RatioSharpe RatioRisk-adjusted return: how much excess return you earn per unit of total risk (volatility).Click for full definition →
-0.07
Sortino RatioSortino RatioLike Sharpe, but only penalizes downside volatility — a more accurate risk measure for asymmetric return distributions.Click for full definition →
-0.07
Ann. VolatilityAnnualized VolatilityThe annualized standard deviation of an asset's returns — a measure of how much prices fluctuate.Click for full definition →
7.6%
Best YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2019 · +13.9%
Worst YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2022 · -12.6%
% Positive Years% Positive YearsThe percentage of calendar years in the measurement period where the asset delivered a positive return.Click for full definition →
70%

Annual Returns

Rolling 12-Month Returns

Rolling 12-Month Annualised Volatility

Historical Drawdowns

Monthly Returns

Monthly Returns Heatmap

YearJanFebMarAprMayJunJulAugSepOctNovDecAnn.
20260.60.6-2.61.5————————0.1%
20250.91.9-0.1-0.50.91.60.51.51.00.30.30.38.9%
20240.00.61.0-1.52.00.31.91.71.5-1.50.7-1.15.8%
20233.6-2.21.30.9-1.00.90.8-1.0-1.1-1.54.03.78.4%
2022-2.2-5.7-0.9-2.9-0.0-3.91.80.3-4.5-2.57.20.7-12.6%
2021-0.4-0.4-0.80.70.50.70.10.7-1.1-0.3-1.10.9-0.6%
20201.5-0.8-13.37.34.02.12.91.0-0.8-0.63.41.26.8%
20193.11.21.40.50.62.21.10.40.21.10.31.113.9%
20180.4-1.4-0.3-1.5-0.2-0.61.6-1.71.3-1.2-0.21.1-2.6%
20171.41.9-0.81.60.20.10.91.10.30.1-0.10.17.1%
2016———4.0-0.71.10.90.50.2-0.6-1.50.54.4%

Risk X-RayiA 19-factor macroeconomic risk decomposition showing exactly which market forces (equity beta, rates, inflation, credit, commodity, crypto) drive this asset's volatility. Powered by multivariate regression against daily factor returns.

Risk Profile Insight: This asset has an estimated annualized volatility of 13.2%. The dominant macroeconomic risk driver is SHV.US, accounting for 71.4% of variance. Idiosyncratic stock-specific factors contribute 2.8%.

10-Year Historical Price Series (Growth of $10,000)
DateSimulated Value
2016-03-0110000
2016-04-0110397.97392801715
2016-05-0110329.409838852354
2016-06-0110443.84072228396
2016-07-0110542.374055197553
2016-08-0110592.427729105737
2016-09-0110617.643447848164
2016-10-0110552.919955046136
2016-11-0110391.300104829394
2016-12-0110444.753650927567
2017-01-0110594.348027287124
2017-02-0110792.736865632645
2017-03-0110709.377036381782
2017-04-0110882.73903777321
2017-05-0110906.286300718695
2017-06-0110916.832200567274
2017-07-0111018.54504358447
2017-08-0111140.342316761056
2017-09-0111168.422742626528
2017-10-0111184.351773442591
2017-11-0111176.072455054007
2017-12-0111187.153519969528
2018-01-0111235.444297186605
2018-02-0111083.709260559279
2018-03-0111053.51965472409
2018-04-0110889.098057980415
2018-05-0110867.817376494919
2018-06-0110807.815928401209
2018-07-0110979.38355280348
2018-08-0110791.698015796814
2018-09-0110932.35198750862
2018-10-0110801.677270280397
2018-11-0110785.055672907114
2018-12-0110900.682807664823
2019-01-0111234.846171523552
2019-02-0111374.209451015082
2019-03-0111536.270025404603
2019-04-0111590.856862232773
2019-05-0111654.667426391194
2019-06-0111909.68932093849
2019-07-0112035.32719047784
2019-08-0112080.123654610763
2019-09-0112107.763356303458
2019-10-0112236.832578330852
2019-11-0112276.245911496291
2019-12-0112416.427678737264
2020-01-0112605.813151838922
2020-02-0112509.829723067818
2020-03-0110851.856865380802
2020-04-0111648.24544558788
2020-05-0112117.994453171481
2020-06-0112367.53877585713
2020-07-0112722.258774346077
2020-08-0112852.870530978187
2020-09-0112750.716963788213
2020-10-0112672.834706399
2020-11-0113102.194491577447
2020-12-0113256.668314135597
2021-01-0113201.766674326873
2021-02-0113154.986951416457
2021-03-0113050.6297633626
2021-04-0113142.111509511773
2021-05-0113203.970295190757
2021-06-0113290.541114843278
2021-07-0113300.772211711303
2021-08-0113392.222477562418
2021-09-0113244.04471461536
2021-10-0113200.664863894934
2021-11-0113055.886973137862
2021-12-0113178.880497640554
2022-01-0112894.61340619973
2022-02-0112165.81302591773
2022-03-0112061.424357565818
2022-04-0111707.145083249648
2022-05-0111702.580440031606
2022-06-0111245.045788093521
2022-07-0111441.923572132382
2022-08-0111472.018737073402
2022-09-0110955.804809559939
2022-10-0110679.250391142705
2022-11-0111445.417885216539
2022-12-0111520.466915780758
2023-01-0111932.669938518979
2023-02-0111670.753858697535
2023-03-0111818.333495981542
2023-04-0111919.07044975902
2023-05-0111794.817713334112
2023-06-0111898.513815128801
2023-07-0111998.778564435448
2023-08-0111878.649747055808
2023-09-0111752.06746857479
2023-10-0111578.548065693087
2023-11-0112044.613878404201
2023-12-0112484.991767902058
2024-01-0112484.991767902058
2024-02-0112560.32412114878
2024-03-0112686.43419515896
2024-04-0112499.504185305628
2024-05-0112752.952064950152
2024-06-0112797.276324612241
2024-07-0113035.99142476681
2024-08-0113262.901413150581
2024-09-0113460.881007621381
2024-10-0113260.131146921698
2024-11-0113356.964543740301
2024-12-0113211.1478031474
2025-01-0113336.156066725642
2025-02-0113584.976342556012
2025-03-0113568.826949653561
2025-04-0113495.037131011559
2025-05-0113612.80492603704
2025-06-0113827.280196688902
2025-07-0113902.203306060903
2025-08-0114104.117937788635
2025-09-0114245.275594269326
2025-10-0114289.568373633361
2025-11-0114336.662899524334
2025-12-0114382.592654387254
2026-01-0114473.75959755587
2026-02-0114566.248713242818
2026-03-0114190.153592374216
2026-04-0114402.236360373861
Annual Return Matrix
YearAnnual Return
20170.07107873424817734
2018-0.0256071137124686
20190.13905045195945354
20200.06767168924417932
2021-0.005867825508774294
2022-0.1258387297886724
20230.08372272227960598
20240.05816231590254084
20250.08867093674939963
20260.0013657972841645272
Total Factor Risk
0.13230863982270002
VTI.US Exposure
0.22647555128782315
VEA.US Exposure
0.047627953904881185
VWO.US Exposure
0.036499696215383924
QQQ.US Exposure
-0.056418605876900965
VTV.US Exposure
-0.024830719692492405
IJR.US Exposure
-0.02392816655165057
QUAL.US Exposure
-0.019454234664227934
SHV.US Exposure
0.7136117897683174
TLT.US Exposure
0.018862511795157518
LQD.US Exposure
0.05967572424333516
HYG.US Exposure
-0.0018610094782348491
GLD.US Exposure
-0.00807941646929106
USO.US Exposure
-0.00006700795222658497
VNQ.US Exposure
0.004010576509942796
BTC-USD.CC Exposure
-0.0017340265903574544
CPER.US Exposure
0.006072603857951364
VIX.INDX Exposure
-0.014559471064315365
UUP.US Exposure
0.011609070474944807
TIP.US Exposure
-0.001868942781836226
Idiosyncratic Exposure
0.028356123063796104
Value Score
50
Growth Score
50
Profit Score
37.5
Health Score
23.6
Yield Score
0
Moat Score
40

Factor Risk Decomposition

Share of annualised volatility attributable to each macro factor.

Total Est. Vol
13.2%

FundamentalsiCompany financial health metrics: P/E valuation, dividend yield, Piotroski F-Score (9-point profitability signal), Altman Z-Score (bankruptcy risk proxy), and a radar chart across 6 fundamental dimensions. Note: ETFs may show N/A for some metrics.

Fundamental Dimensions

Core Valuation

P/E Ratio (TTM)P/E RatioPrice-to-Earnings ratio — the market price of a stock divided by its earnings per share, a key valuation measure.Click for full definition →N/A
Dividend YieldDividend YieldAnnual dividend paid per share divided by the current share price — expressed as a percentage income return.Click for full definition →0.00%
Market Cap$0
Piotroski F-ScorePiotroski F-ScoreA 9-point scoring system evaluating a company's financial strength across profitability, leverage, and operating efficiency.Click for full definition →
9-point profitability signal
0.0/ 9
Weak
Altman Z-ScoreAltman Z-ScoreA bankruptcy prediction model that combines 5 financial ratios into a single score indicating financial distress risk.Click for full definition →
Bankruptcy risk proxy
1.18
Distress Zone
Income Simulation

Based on $10,000 initial investment.

Total Income Generated
$127
Avg Yield on Cost
1.27%
Annual Income Simulation Table
Historical Realised Yields
YearAnnual PayoutYield on CostQuality
2026$126.71.27%Solid

Momentum & MacroiPrice momentum indicators relative to key technical levels: distance from 50-Day SMA (intermediate trend), 200-Day SMA (long-term trend), 52-Week High (bullish proximity), and Beta (market sensitivity coefficient).

vs 50-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
+0.1%
Above/below 50-day moving average
vs 200-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
+1.1%
Above/below 200-day moving average
vs 52-Week High52-Week HighThe highest price an asset reached in the past 52 weeks — a key reference for momentum and valuation context.Click for full definition →
1.3% from high
Distance from 52-week high
BetaBetaA measure of an asset's sensitivity to broad market movements relative to a benchmark (e.g. S&P 500).Click for full definition →
0.61
Market sensitivity coefficient

Frequently Asked Questions & Methodology

Is iShares J.P. Morgan EM Corporate Bond ETF a high-risk investment?

iShares J.P. Morgan EM Corporate Bond ETF (CEMB.US) has an annualized volatility of 13.2% and experienced a maximum drawdown of 20.3% over the last 10 years. Its primary macro risk driver is SHV.US.

What is the 10-year return of CEMB.US?

Over the past 10 years, CEMB.US has generated a Compound Annual Growth Rate (CAGR) of 3.4%. It has had a positive return in 70% of the years measured.

Data Methodology & Trust

The risk and return information on this page is pre-calculated mathematically using daily market data spanning a 10-year period. Fundamentals (such as P/E Ratio, Market Cap, and Dividend Yield) represent trailing averages and may not immediately reflect real-time live market fluctuations. Advanced scoring models like the Piotroski F-Score and Altman Z-Score are proxies applied to publicly available trailing-twelve-month financial statements and may not account for recent off-balance-sheet events, qualitative company shifts, or sector-specific capital structures. Macroeconomic factor exposures are estimated via multivariate regression against standard market indices. This data is provided for quantitative insight and backtesting research, and should not be misconstrued as tailored financial advice.

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