iShares J.P. Morgan EM High Yield Bond ETF

10-Year Study

EMHY.US · · US · ETF

Executive Summary: iShares J.P. Morgan EM High Yield Bond ETF has compounded at 4.6% annually over the last 10 years, with a maximum drawdown of 24.7% and an annualized volatility of 14.2%.

1Y CAGR
+11.9%
3Y CAGR
+13.1%
5Y CAGR
+3.9%
10Y CAGR
+4.6%

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 →
24.7%
Sharpe RatioSharpe RatioRisk-adjusted return: how much excess return you earn per unit of total risk (volatility).Click for full definition →
0.08
Sortino RatioSortino RatioLike Sharpe, but only penalizes downside volatility — a more accurate risk measure for asymmetric return distributions.Click for full definition →
0.10
Ann. VolatilityAnnualized VolatilityThe annualized standard deviation of an asset's returns — a measure of how much prices fluctuate.Click for full definition →
10.5%
Best YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2025 · +13.7%
Worst YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2022 · -13.0%
% 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.
20261.00.2-3.63.0————————0.5%
20251.81.4-1.3-0.21.42.51.11.70.62.10.71.113.7%
2024-0.42.42.2-1.32.6-0.72.81.92.3-1.02.1-1.212.0%
20234.4-2.80.4-0.7-1.53.82.3-1.7-2.0-0.75.74.211.5%
2022-2.4-5.10.6-4.5-0.7-7.32.8-1.4-5.4-0.510.80.4-13.0%
2021-1.4-0.8-1.02.51.40.3-0.31.4-2.7-1.0-2.72.7-1.9%
20201.0-3.4-16.93.96.73.63.02.1-2.4-0.45.73.03.8%
20195.70.60.1-0.4-0.04.10.7-2.90.81.2-0.53.213.0%
20180.4-2.00.4-1.6-2.1-1.62.6-4.43.7-1.3-0.21.1-5.2%
20171.51.90.12.20.4-0.70.91.9-0.10.5-1.10.88.5%
2016———2.7-0.34.01.91.50.5-0.6-3.32.59.1%

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 14.2%. The dominant macroeconomic risk driver is SHV.US, accounting for 47.0% of variance. Idiosyncratic stock-specific factors contribute 6.4%.

10-Year Historical Price Series (Growth of $10,000)
DateSimulated Value
2016-03-0110000
2016-04-0110271.518733442163
2016-05-0110236.367463825965
2016-06-0110646.981955681598
2016-07-0110852.289201609414
2016-08-0111013.389257613131
2016-09-0111073.801778614525
2016-10-0111011.760780715656
2016-11-0110651.708510579141
2016-12-0110914.846545841625
2017-01-0111078.528333512068
2017-02-0111286.258435311733
2017-03-0111302.225452696719
2017-04-0111548.60209159984
2017-05-0111593.643379447032
2017-06-0111514.404076752895
2017-07-0111616.79952655013
2017-08-0111834.14161393976
2017-09-0111826.992203170368
2017-10-0111888.278541043575
2017-11-0111752.00282798915
2017-12-0111846.573644888767
2018-01-0111889.271514761545
2018-02-0111648.65412342266
2018-03-0111692.503842808288
2018-04-0111500.74075839361
2018-05-0111259.48786387522
2018-06-0111084.645051614774
2018-07-0111374.672815159927
2018-08-0110875.008440276604
2018-09-0111276.606730773048
2018-10-0111129.090555231185
2018-11-0111106.649349205027
2018-12-0111229.619214438633
2019-01-0111875.012412171474
2019-02-0111945.116356660272
2019-03-0111954.807780147676
2019-04-0111903.053989966995
2019-05-0111899.240970889983
2019-06-0112386.711628516616
2019-07-0112472.067649313458
2019-08-0112108.520111689682
2019-09-0112208.492705615068
2019-10-0112350.726260977324
2019-11-0112294.52394854013
2019-12-0112687.5429461133
2020-01-0112816.272058911147
2020-02-0112381.190694644694
2020-03-0110291.775397288784
2020-04-0110693.850315169857
2020-05-0111412.76328698132
2020-06-0111821.908177734353
2020-07-0112180.45112781955
2020-08-0112438.822889235767
2020-09-0112142.95644022894
2020-10-0112099.702505074098
2020-11-0112786.602004218154
2020-12-0113173.067375252711
2021-01-0112991.194309069027
2021-02-0112885.661062323004
2021-03-0112758.520707473916
2021-04-0113073.809722404267
2021-05-0113253.458527459694
2021-06-0113294.60735833244
2021-07-0113250.87679579297
2021-08-0113434.418057822846
2021-09-0113069.321481199035
2021-10-0112936.183565093397
2021-11-0112581.771385674965
2021-12-0112922.242214093076
2022-01-0112616.287152111658
2022-02-0111977.288705122553
2022-03-0112049.8155054832
2022-04-0111507.016352291188
2022-05-0111430.120467571465
2022-06-0110596.062263424014
2022-07-0110888.711477584611
2022-08-0110737.779472452925
2022-09-0110156.611814798487
2022-10-0110110.855585874351
2022-11-0111200.068316591796
2022-12-0111240.224173746568
2023-01-0111731.865320988683
2023-02-0111398.623341237404
2023-03-0111448.272027135987
2023-04-0111369.549070775196
2023-05-0111197.248271232756
2023-06-0111619.22238242198
2023-07-0111885.815966223006
2023-08-0111687.499255269711
2023-09-0111456.85132005926
2023-10-0111377.890050006157
2023-11-0112023.402404585155
2023-12-0112527.71389646859
2024-01-0112475.999825236626
2024-02-0112771.826555294736
2024-03-0113049.700320531916
2024-04-0112877.558396784354
2024-05-0113210.482624945882
2024-06-0113119.049604995054
2024-07-0113483.073770003455
2024-08-0113738.744642906793
2024-09-0114058.08499060647
2024-10-0113913.508017269798
2024-11-0114203.098872379045
2024-12-0114028.494373810916
2025-01-0114279.677005509016
2025-02-0114479.026409129003
2025-03-0114297.272499791476
2025-04-0114263.829144970192
2025-05-0114463.615457026084
2025-06-0114828.036811521672
2025-07-0114989.970965448487
2025-08-0115251.837994351967
2025-09-0115350.062954533721
2025-10-0115678.260627797703
2025-11-0115782.681743979601
2025-12-0115950.73261600912
2026-01-0116108.814031910204
2026-02-0116139.39762242373
2026-03-0115554.73469728203
2026-04-0116028.581755498095
Annual Return Matrix
YearAnnual Return
20170.08536327974323332
2018-0.052078723261583804
20190.12982842105635473
20200.038267805768345875
2021-0.019040755961731604
2022-0.13016456528821974
20230.11454306451726892
20240.11979683522030138
20250.13702384525218436
20260.004880599616524206
Total Factor Risk
0.14224345792842313
VTI.US Exposure
0.37154409333445965
VEA.US Exposure
0.03933782665004058
VWO.US Exposure
0.07702463315865898
QQQ.US Exposure
-0.11531443080988622
VTV.US Exposure
-0.06460638367879203
IJR.US Exposure
-0.04353461693675933
QUAL.US Exposure
0.004722896071391412
SHV.US Exposure
0.47037298790852367
TLT.US Exposure
0.009341513456809404
LQD.US Exposure
0.04127402928215042
HYG.US Exposure
0.12072820657654966
GLD.US Exposure
-0.000810607859328177
USO.US Exposure
-0.002515994859451497
VNQ.US Exposure
0.014436497966626617
BTC-USD.CC Exposure
-0.0044255973781017945
CPER.US Exposure
0.013781048424924367
VIX.INDX Exposure
-0.017989926880293022
UUP.US Exposure
0.029292768196536215
TIP.US Exposure
-0.007077619589720316
Idiosyncratic Exposure
0.06441867696566149
Value Score
50
Growth Score
50
Profit Score
37.5
Health Score
23.6
Yield Score
76
Moat Score
40

Factor Risk Decomposition

Share of annualised volatility attributable to each macro factor.

Total Est. Vol
14.2%

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 →6.33%
Market Cap$284.3M
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
$173
Avg Yield on Cost
1.73%
Annual Income Simulation Table
Historical Realised Yields
YearAnnual PayoutYield on CostQuality
2026$172.561.73%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 →
+0.5%
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 →
+2.7%
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 →
1.5% 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 →
0.64
Market sensitivity coefficient

Frequently Asked Questions & Methodology

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

iShares J.P. Morgan EM High Yield Bond ETF (EMHY.US) has an annualized volatility of 14.2% and experienced a maximum drawdown of 24.7% over the last 10 years. Its primary macro risk driver is SHV.US.

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

Over the past 10 years, EMHY.US has generated a Compound Annual Growth Rate (CAGR) of 4.6%. 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.

Run a Full Backtest on iShares J.P. Morgan EM High Yield Bond ETF

stresstest.pro lets you simulate DCA vs Lump Sum, Monte Carlo projections, portfolio optimisation, and more — all in seconds.

Start a Free Backtest