ETF sheet · Issuer-declared data

🇮🇹 Effective capital-gains rate: 13.57%details →

iShares J.P. Morgan EM Local Govt Bond UCITS ETFIndex, costs, backtest, listings and taxation

Class:

ISIN: IE00BFZPF546Ticker: QDV7 (Xetra) · EMGA (London SE) · EMGA (Euronext AMS) · EMGA (Euronext Paris)Issuer: iShares

Emerging markets Bonds tracking the J.P. Morgan GBI-EM Global Diversified Capped Net Index, physical, optimised replication, accumulating. Share class in US dollars (USD).

5.18 years

effective duration, as declared by iShares · maturities ↓ ✓ declared by the issuer

BBB 43.9%

largest rating bucket, then A 29.4% · full breakdown ↓ ✓ declared by the issuer

0.50% + 0.04%

TER + KID transaction costs ✓ declared by the issuer

390

rows published by the issuer · holdings ↓ ✓ declared by the issuer

491 m €

share-class assets ✓ declared by the issuer

−0.42 pt /year

average tracking difference 2023–2025 · year by year ↓ ≈ computed by Rebalix

Every figure carries its provenance: ✓ declared by the issuer in its documents · ≈ computed by Rebalix on the declared data.

Fund

Name

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

Declared index

J.P. Morgan GBI-EM Global Diversified Capped Net Index

Management

Passive (index-tracking)

Replication

Physical (optimised)

Domicile

Ireland

Share classes of this fund

2, this one is USD (Acc) · compare them in the table →

Share class · this page

ISIN

IE00BFZPF546

Ticker

QDV7 (Xetra) · EMGA (London SE) · EMGA (Euronext AMS) · EMGA (Euronext Paris)

Share-class currency

US dollars (USD)

TER

0.50%

Transaction costs

0.04% (issuer estimate, from the KID)

Management fees and other administrative or operating costs — PRIIPs KID

0.52% (previous period or estimate; not the TER)

Income policy

Accumulating

Share-class assets

491 mln EUR

NAV

5.66 USD (16 October 2026)

Share-class launch

31 May 2018

Data as declared by iShares in the issuer’s official files and endpoints · collected on 17 October 2026 (monthly refresh). Facts only, no recommendation.

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OverviewIn this sectionQuick reads Fund objective What changed over time Tax

Quick reads

TER 0.50%above the median of bond ETFs we track (0.15%).≈ computed by Rebalix
Average tracking difference over the last 3 years-0.42% p.a., against a declared TER of 0.50%.≈ computed by Rebalix
Duration 5.18 yearseffective, as declared by iShares✓ declared by the issuer
Declared ratingBBB 43.9% · A 29.4% · BB 17.3% · AA 4.3%✓ declared by the issuer
Maturity 3–5 years 20.4%the heaviest bucket of the declared breakdown✓ declared by the issuer
Treasury 94.9%first sector from the declared portfolio✓ declared by the issuer
390 rowspublished by the issuer; completeness of the list not declared✓ declared by the issuer
Top 10 = 13.1%of the fund✓ declared by the issuer
Effective rate 13.57%on capital gains for Italian tax residents: from the declared white-list share≈ computed by Rebalix

✓ declared by the issuer · ≈ computed by Rebalix on the declared data in our census. They describe the past and are not indicative of future results.

Description and fund objective

iShares J.P. Morgan EM Local Govt Bond UCITS ETF tracks the issuer-declared index: J.P. Morgan GBI-EM Global Diversified Capped Net Index. The declared annual cost (TER) is 0.50%, plus 0.04% in transaction costs estimated by the issuer in the KID. Replication is optimised physical replication (the KID declares optimisation techniques to achieve a return similar to the index); income is accumulated and reinvested in the fund. The fund has assets of about 491 million euro, was launched on 31 May 2018 and is domiciled in Ireland.

The fund’s objective — in the issuer’s words

The Share Class is a share class of a Fund which aims to achieve a return on your investment, through a combination of capital growth and income on the Fund’s assets, which reflects the return of the J.P. Morgan GBI-EM Global Diversified Capped Net Index, the Fund’s benchmark index (Index).
Keep reading the KID section ▾
The Share Class, via the Fund is passively managed, and aims to invest so far as possible and practicable in the fixed income (FI) securities (such as bonds) that make up the Index. These may include securities with a relatively low credit rating or which are unrated. The Index measures the performance of local currency denominated FI securities, selected to provide a broad representation of the local currency emerging markets government debt market. Exposure to bonds issued by a single country is limited in accordance with the index methodology. The Index does not apply a minimum credit rating requirement to its constituents. To be included in the Index, each bond must (i) have a minimum amount outstanding of either $1 billion (for local issues) or $500 million (for global issues), and (ii) have a remaining term to maturity (i.e. the time until they become due for repayment) of greater than 2.5 years in accordance with the index criteria for each eligible country. The Fund uses optimising techniques to achieve a similar return to its Index. These may include the strategic selection of certain securities that make up the Index or other FI securities which provide similar performance to certain constituent securities. These may also include the use of financial derivative instruments (FDIs) (i.e. investments the prices of which are based on one or more underlying assets). FDIs may be used for direct investment purposes. The Fund may also engage in short-term secured lending of its investments to certain eligible third parties to generate additional income to off-set the costs of the Fund.
The price of fixed income securities may be affected by changing interest rates which in turn may affect the value of your investment. Fixed income securities prices move inversely to interest rates. Therefore, the market value of fixed income securities may decrease as interest rates increase. The credit rating of an issuing entity will generally affect the yield that can be earned on fixed income securities; the better the credit rating the smaller the yield. The relationship between the return on your investment, how it is impacted and the period for which you hold your investment is considered below (see “How long should I hold it and can I take my money out early?”).
The depositary of the Fund is State Street Custodial Services (Ireland) Limited. Further information about the Fund can be obtained from the latest annual report and half-yearly reports of the iShares III plc. These documents are available free of charge in English and certain other languages. These can be found, along with other (practical) information, including prices of units, on the iShares website at: www.ishares.com or by calling +49 89427295800 or from your broker or financial adviser.
Your shares will be accumulating shares (i.e. income will be included in their value). Your shares will be denominated in US Dollar, the Fund's base currency. The shares are listed and traded on various stock exchanges. In normal circumstances, only authorised participants may buy and sell shares directly with the Fund. Investors who are not authorised participants (e.g. select financial institutions) can generally only buy or sell the shares on the secondary market (e.g. via a broker on a stock exchange) at the then prevailing market price. The value of the shares are related to the value of the underlying assets of the Fund, less costs (see “What are the costs?” below). The prevailing market price at which the shares trade on the secondary market may deviate from the value of the Shares. Indicative net asset value is published on relevant stock exchanges websites.
Intended retail investor:The Fund is intended for retail investors with the ability to bear losses up to the amount invested in the Fund (see “How long should I hold it and can I take my money out early?”).
Insurance benefits:The Fund does not offer any insurance benefits.

From the KID’s “Objectives” section · KID acquired on 2 October 2026 · original document ↓

Text generated from the data the issuer declares in official product lists. No recommendation.

What has changed in the fund over time

Every month we snapshot the register and the holdings and keep the picture. The history shows how the fund changes, not only what it is today.

Share-class launch
31 May 2018
declared by the issuer
Basket snapshots
3 monthly
since August 2026
Dated events
1
latest: tax event, 1 July 2026

Open the history →

Italian taxation

Effective rate on capital gains

13.57%

White-list share

92.05%

From the government-bond («white list») share certified by the issuer every semester: 12.5% on that portion, 26% on the rest.

Deep-dive into this fund’s taxation →

PerformanceIn this sectionChart Backtest Tracking difference

Fund performance

issuer-declared total-return series (base 100; accumulating class) · USD (loading exchange rates) · from May 2018 to Oct 2026

Adjusted for inflationCompare with the index

Compare with another ETF

Only funds we hold a history for. Three at a time, at most.

Return

+13.3%

Annualised

+1.5%

Volatility (ann.)

8.5%

Max drawdown

-28.14%

29 May 2018 → 16 Oct 20268 years and 5 months · +13.3%

Chart, returns, risk and the simulation use the issuer’s total-return series (base 100, as of 16 October 2026): for an accumulating class it is the same thing as the NAV, published with more decimals. The latest NAV at the top of the page is the published one.

Note — currency risk: the fund is denominated (or hedged) in USD and the chart is in USD. For a euro investor, returns also depend on the EUR/USD exchange rate, up or down.

Tip: drag across the chart to zoom into a period.

Drawdown — distance from previous peak

This isn’t the return: it shows how far the fund is below its previous peak. 0% = you’re at the peak; below zero = how much you’re down and haven’t recovered yet.

Max drawdown

-28.14%

peak → trough

Trough

24 Oct 2022

from the 04 Jan 2021 peak

Recovery time

1,115 days

recovery only: trough to break-even · ≈ 3 years and 1 month

Underwater

1,773 days

decline + recovery: peak to break-even · ≈ 4 years and 10 months · → recovered on 12 Nov 2025

The five worst falls in the period

From the peak of	Trough	Depth	Back to break-even	Days underwater
04 Jan 2021	24 Oct 2022	-28.14%	12 Nov 2025	1,773
10 Jan 2020	23 Mar 2020	-19.88%	07 Dec 2020	332
04 Jun 2018	05 Sept 2018	-9.49%	30 Jan 2019	240
25 Feb 2026	30 Mar 2026	-6.01%	ongoing	233
19 Jul 2019	29 Aug 2019	-4.32%	28 Oct 2019	101

Calendar-year returns

2018

-3.2%

partial, from 29 May

2019

11.6%

2020

1.7%

2021

-10.4%

2022

-11.2%

2023

12.1%

2024

-3.1%

2025

18.4%

2026

0.7%

2018, partial: the available series starts on 29 May 2018; the return runs from that date to 31 December 2018 and is not comparable with a full year.

Month-by-month returns

2026Year 0.7%

Jan

2.1

Feb

1.2

Mar

-5.7

Apr

2.8

May

0.8

Jun

0.2

Jul

0.2

Aug

0.8

Sept

-2.2

Oct

0.7

Nov

Dec

2025Year 18.4%

Jan

1.9

Feb

0.7

Mar

1.5

Apr

3.1

May

1.4

Jun

2.7

Jul

-0.8

Aug

2.1

Sept

1.4

Oct

0.4

Nov

1.3

Dec

1.4

2024Year -3.1%

Jan

-1.7

Feb

-0.5

Mar

-0.1

Apr

-2.3

May

1.6

Jun

-1.1

Jul

2.2

Aug

3.1

Sept

3.3

Oct

-4.7

Nov

-0.6

Dec

-2.0

2023Year 12.1%

Jan

4.2

Feb

-3.2

Mar

4.1

Apr

0.8

May

-1.7

Jun

3.2

Jul

2.7

Aug

-2.8

Sept

-3.5

Oct

-0.6

Nov

5.1

Dec

3.6

2022Year -11.2%

Jan

0.2

Feb

-4.6

Mar

-1.3

Apr

-5.9

May

1.6

Jun

-4.5

Jul

-0.1

Aug

0.3

Sept

-4.8

Oct

-1.0

Nov

7.1

Dec

2.1

	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sept	Oct	Nov	Dec	Year
2026	2.1	1.2	-5.7	2.8	0.8	0.2	0.2	0.8	-2.2	0.7			0.7
2025	1.9	0.7	1.5	3.1	1.4	2.7	-0.8	2.1	1.4	0.4	1.3	1.4	18.4
2024	-1.7	-0.5	-0.1	-2.3	1.6	-1.1	2.2	3.1	3.3	-4.7	-0.6	-2.0	-3.1
2023	4.2	-3.2	4.1	0.8	-1.7	3.2	2.7	-2.8	-3.5	-0.6	5.1	3.6	12.1
2022	0.2	-4.6	-1.3	-5.9	1.6	-4.5	-0.1	0.3	-4.8	-1.0	7.1	2.1	-11.2
2021	-1.2	-2.6	-3.3	2.2	2.4	-1.3	-0.6	0.7	-3.7	-1.4	-3.2	1.3	-10.4
2020	-1.4	-3.5	-11.2	3.8	5.1	0.3	3.0	-0.6	-2.1	0.4	5.5	3.5	1.7
2019	5.5	-1.3	-1.4	-0.3	0.1	5.6	0.7	-3.1	0.8	2.8	-2.0	4.0	11.6
2018						-3.2	2.0	-6.3	2.5	-1.9	2.8	1.1	-3.2(partial)

From month-end NAVs, over the fund’s full history, on the series shown in the chart (dividends reinvested: where declared). Deeper colour = larger move.

Method and sources

Source: iShares. Issuer-declared historical series; inflation: Eurostat and national statistical institutes, latest available August 2026 — for later days the index stays at the last published value (institutes publish with a few weeks’ lag). The «adjusted for inflation» view expresses value in today’s purchasing power for the selected country; volatility always stays nominal, as elsewhere on the site (deflating it would add artificial swings caused by the monthly cadence of the price index). Past performance is not indicative of future results: these are facts, not a recommendation.

Tracking difference — fund vs index

How much the fund returned above (+) or below (−) its index, year by year. It measures the actual deviation: the combined effect of costs (TER and transaction), securities-lending revenue and replication optimisations — which is why it can beat the TER. Tracking difference was positive in 0 of the last 7 calendar years: a past observation, not an indication of future outperformance.

Average annual TD, 2023–2025

-0.42 pt /year

Declared TER

0.50%

Year	Fund	Index	Difference (pt)
2025	+18.43%	+18.80%	-0.38 pt
2024	-3.11%	-2.77%	-0.35 pt
2023	+12.07%	+12.60%	-0.52 pt
2022	-11.15%	-10.57%	-0.59 pt
2021	-10.35%	-9.74%	-0.62 pt
2020	+1.70%	+2.67%	-0.97 pt
2019	+11.56%	+12.55%	-0.99 pt

Total-return figures from issuer-declared series (primary source); complete calendar years. TD is not comparable across sites using different methodologies or index variants. Past performance is not indicative of future results. What is tracking difference? →

RiskIn this sectionRisk

Risk indicators· EUR

Last year

Volatility (ann.)5.15%

Max drawdown-3.56%

Sharpe0.89

Sortino1.32

Last 3 years

Volatility (ann.)5.95%

Max drawdown-7.19%

Sharpe0.45

Sortino0.64

Last 5 years

Volatility (ann.)7.27%

Max drawdown-9.13%

Sharpe0.07

Sortino0.10

Full history

Volatility (ann.)8.03%

Max drawdown-18.50%

Sharpe0.08

Sortino0.10

	Last year	Last 3 years	Last 5 years	Full history
Volatility (ann.)	5.15%	5.95%	7.27%	8.03%
Max drawdown	-3.56%	-7.19%	-9.13%	-18.50%
Sharpe	0.89	0.45	0.07	0.08
Sortino	1.32	0.64	0.10	0.10

Computed from the issuer’s daily total-return series (base 100: for an accumulating class it coincides with the NAV, with more decimals), always in nominal terms. Sharpe and Sortino use the ECB main refinancing rate averaged over the period (last year: 2.25%), weighted by days in force, as the risk-free rate. Same formulas as our public methodology: sample standard deviation annualised over 252 days; Sortino with downside deviation. Past performance is not indicative of future results. Figures in EUR — series converted day by day at ECB reference rates; the table follows the currency selected in the chart.

PortfolioIn this sectionDuration Rating Holdings

Duration and maturities

Duration · effective duration

5.18years

Price sensitivity to rates: the longer, the more the fund moves. What is duration →

Maturity breakdown (% of fund)

0–1 years

2.92%

1–2 years

7.51%

2–3 years

14.49%

3–5 years

20.41%

5–7 years

13.77%

7–10 years

17.80%

10–15 years

10.18%

15–20 years

6.12%

20+ years

6.53%

Cash and derivatives

0.26%

Source: product page iShares, data as of 15 October 2026. Values as declared by the issuer, not computed by us; updated with the monthly document.

Credit rating

How the portfolio is spread by credit quality: from AAA (strongest) downwards. More weight in the top buckets = lower risk that an issuer fails to pay, usually with lower yields.

Rating breakdown (% of fund)

4.25%

29.42%

BBB

43.92%

17.32%

Not rated

4.83%

Cash and derivatives

0.26%

Source: product page iShares, data as of 15 October 2026. Values as declared by the issuer, not computed by us; updated with the monthly document.

Ratings are those the issuer assigns to portfolio holdings under its own methodology (usually the median of S&P, Moody’s and Fitch); scale and buckets are those of the original document.

Portfolio holdings· structure first, single issues after

Rows in the published list

390

Top-10 weight

13.1%

Main issuers

Data declared by the issuer · 1 October 2026

INDIA (REPUBLIC OF)

10.02%

CHINA PEOPLES REPUBLIC OF (GOVERNMENT)

10.02%

MEXICO (UNITED MEXICAN STATES) (GOVERNMENT)

9.78%

MALAYSIA (GOVERNMENT)

9.48%

INDONESIA (REPUBLIC OF)

8.93%

POLAND (REPUBLIC OF)

8.58%

THAILAND KINGDOM OF (GOVERNMENT)

7.63%

SOUTH AFRICA (REPUBLIC OF)

7.08%

COLOMBIA (REPUBLIC OF)

4.91%

ISHARES BRAZIL LTN $ GOVT BO USDHA

4.32%

Top 10 holdings

The largest single issues held by the fund.

ISHARES BRAZIL LTN $ GOVT BO USDHA · BLTNCoupon 0.00%

4.33%

BRAZIL FEDERATIVE REPUBLIC OF (GOV · BNTNFCoupon 10.00% · Maturity 2031

1.38%

CHINA PEOPLES REPUBLIC OF (GOVERNM · CGBCoupon 1.43% · Maturity 2030

1.08%

INDIA (REPUBLIC OF) · IGBCoupon 7.10% · Maturity 2034

1.04%

SOUTH AFRICA (REPUBLIC OF) · SAGBCoupon 8.75% · Maturity 2048

0.98%

CHINA PEOPLES REPUBLIC OF (GOVERNM · CGBCoupon 1.45% · Maturity 2030

0.89%

INDIA (REPUBLIC OF) · IGBCoupon 5.77% · Maturity 2030

0.87%

MEXICO (UNITED MEXICAN STATES) (GO · MBONOCoupon 7.75% · Maturity 2031

0.86%

INDIA (REPUBLIC OF) · IGBCoupon 7.26% · Maturity 2029

0.86%

MEXICO (UNITED MEXICAN STATES) (GO · MBONOCoupon 8.50% · Maturity 2029

0.85%

Sectors

Treasury

94.9%

ETFs

4.4%

Countries

up to 1%1–5%5–15%15–30%over 30%

Hover a country for its percentage.

Top 7 countries

China10%

India9.9%

Mexico9.7%

Malaysia9.4%

Indonesia9%

Poland8.6%

Thailand7.6%

Breakdown computed by Rebalix by aggregating the full-precision per-position weights declared by the issuer. Cash and derivatives are not artificially attributed to a country. Values are not rescaled.

⬇ Download the published holdings — Excel, 390 rows

Holdings as published by iShares, holdings as at 30 September 2026: 390 rows archived by Rebalix, summarised here. Rebalix has no statement from the issuer on the completeness of this list. How Rebalix verifies portfolio holdings →

StructureIn this sectionShare classes Index Exchanges

Share classes of the same fund

This page covers ISIN IE00BFZPF546. The other classes belong to the same fund but may differ in currency, income policy or currency hedging.

Share class	ISIN	Ticker	Income	Currency
USD (Dist)	IE00B5M4WH52	SEML	Distributing	USD
USD (Acc) · this page	IE00BFZPF546	EMGA	Accumulating	USD

Share classes declared by the issuer in official product lists (same fund = same issuer and same declared name). A dash “—” = not declared — not a zero.

Index tracked

J.P. Morgan GBI-EM Global Diversified Capped Net Index

This fund belongs to the government bonds family: compare all census ETFs in this family →

Where it shows up commission-free in Italy

According to the official lists published by the brokers (downloaded and cross-checked by us), these share classes of the fund appear tradable with zero fees:

IE00BFZPF546QDV7(class: USD (Acc))

XTBzero (up to €100,000 monthly volume, unreachable for a retail plan); fractions available in plans

IE00B5M4WH52SEML(class: USD (Dist))

Directazero within the savings plan (buys)
Moneyfarmzero within the savings plan (buys), agreement until 31 March 2027
Moneyfarmzero on single buys from 1,000 €, agreement until 31 March 2027
XTBzero (up to €100,000 monthly volume, unreachable for a retail plan); fractions available in plans

Full terms, traps and method in the observatory: Free savings plans and zero-commission ETFs: the broker survey

Official lists verified on 15 October 2026. We record published terms — this is neither an invitation to open accounts nor a recommendation: lists change, the broker’s documents prevail. Trade Republic, Scalable Capital and Trading 212 publish no per-ISIN lists and don’t appear here.

Stock exchange listings

Exchanges with a ticker available· in alphabetical order

Exchange	Ticker	Exchange source	Registered since
Börse Düsseldorf	QDV7from mapping	ESMA register (FIRDS)	20 May 2025
Börse Hamburg	QDV7from mapping	ESMA register (FIRDS)	15 Feb 2021
Börse Hannover	QDV7from mapping	ESMA register (FIRDS)	9 Dec 2024
Börse München / gettex	QDV7from mapping	ESMA register (FIRDS)	25 Jun 2018
Euronext Amsterdam	EMGAfrom tax document	issuer’s tax document (listing not recorded in FIRDS)	—
Euronext Paris	EMGAfrom tax document	ESMA register (FIRDS)	12 Sept 2025
London Stock Exchange	EMGAfrom tax document	issuer’s tax document (exchange outside the FIRDS perimeter)	—
Tradegate Exchange	QDV7from mapping	ESMA register (FIRDS)	27 Nov 2024
Xetra (Deutsche Börse)	QDV7from tax document	issuer’s tax document (listing not recorded in FIRDS)	—

from mapping — ticker obtained by ISIN→exchange mapping under the open FIGI standard, not read from the exchange’s list.

from tax document — ticker from the half-yearly document the issuer publishes for the Italian tax authority, one ticker per exchange: where the exchange trades several lines (different currencies) the others do not appear.

Each row is one exchange: the operator with all its markets and segments (regulated market and Freiverkehr included). “Registered since”: admission date in the ESMA register (FIRDS), not necessarily the first trading day; a dash = date not recorded in the sources.

+ 5 other trading platforms (platforms for professional participants and segments without admission to listing, such as an exchange operator’s dark books or auctions): they are not exchanges and are not listed.

Exchanges are taken from the official ESMA register (FIRDS) and, where FIRDS does not cover the exchange (London, Zurich) or does not record the current listing, from the issuers’ product lists and documents: the “Exchange source” column says so row by row. Each exchange is a single row, with all its markets and segments. Tickers come from the issuers’ product lists and tax documents or, where indicated, from ISIN→exchange mapping under the open FIGI standard (OpenFIGI). Activity on a dark book, an auction or an ancillary platform does not prove a listing on the exchange that operates it. Rebalix mainly covers venues in the European Economic Area, Switzerland and the United Kingdom: when the issuer declares current listings in other jurisdictions too, they appear with their source, outside the ESMA register perimeter. Terminated or cancelled listings are not shown. The same fund may trade in different currencies depending on the exchange: check the trading currency with your broker.

DocumentsIn this sectionDocuments FAQ

Official documents

Key Information Document (KID)PDF in English, from the issuer’s site — always the latest filed version ProspectusPDF in English, from the issuer’s site — the fund’s full legal document FactsheetPDF in English, from the issuer’s site — the fund’s monthly snapshot

The KID is the document the law requires you to read before investing: 3 pages covering risks, costs and scenarios. The link opens the issuer’s published PDF.

Frequently asked questions

Which index does iShares J.P. Morgan EM Local Govt Bond UCITS ETF track?

The issuer iShares declares the benchmark: J.P. Morgan GBI-EM Global Diversified Capped Net Index.

How much does EMGA cost?

The issuer-declared TER is 0.50% per year; the transaction costs estimated in the KID are 0.04%.

How is EMGA taxed in Italy?

On sale, the capital gain is taxed at an effective 13.57% rate (white-list share 92.05%): 12.5% on the government-bond “white list” portion, 26% on the rest.

What is the fund size of EMGA?

The fund size declared by iShares is about 491 million euro.

When was EMGA launched?

The fund was launched on 31 May 2018: it has 8 years of history.

How does EMGA replicate its index?

It is a passively managed ETF: it follows the declared index. Physical (optimised) (issuer wording: “Fisica - ottimizzazione (dal KID)”).

Does EMGA pay dividends?

No: it is an accumulating share class — income stays in the fund and is reinvested automatically (issuer wording: “Accumulating”).

Where does EMGA trade?

Per the official ESMA register (FIRDS) and the issuer’s documents it is listed on 9 exchanges with a ticker available, including Börse Düsseldorf (QDV7), Börse Hamburg (QDV7), Börse Hannover (QDV7), Börse München / gettex (QDV7), Euronext Amsterdam (EMGA), Euronext Paris (EMGA).

What was EMGA's worst fall?

Over the available history (since 2018), the maximum drawdown was -28.14%, reached in October 2022. Past performance is not indicative of future results.

What is EMGA's tracking difference?

Over the three most recent complete calendar years (2023–2025) the fund returned on average -0.42 percentage points per year versus its index: the annual mean of the differences, from issuer-declared series.

How many positions does EMGA publish?

The list published by the issuer and archived by Rebalix has 390 rows; the top 10 weigh 13.1%. The issuer does not declare the list as complete: rows are reported as published, weights included, even where a position has zero weight.

Transparency note

The data in this sheet is declared by iShares in the issuer’s official files and endpoints, collected by Rebalix with a monthly refresh; taxation derives from the issuer’s tax documents (Italian Law Decree 138/2011). This is factual information for informational purposes only: it is not financial or tax advice, nor an investment recommendation. Read the fund’s KID and prospectus before investing.

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iShares J.P. Morgan EM Local Govt Bond UCITS ETFIndex, costs, backtest, listings and taxation

Fund

Share class · this page

Quick reads

Description and fund objective

What has changed in the fund over time

Italian taxation

Fund performance

Drawdown — distance from previous peak

The five worst falls in the period

Calendar-year returns

Month-by-month returns

Method and sources

Tracking difference — fund vs index

Risk indicators· EUR

Duration and maturities?

Credit rating?

Portfolio holdings· structure first, single issues after

Main issuers

Top 10 holdings

Sectors

Countries

Share classes of the same fund

Index tracked

Where it shows up commission-free in Italy

Stock exchange listings

Official documents

Frequently asked questions

Duration and maturities

Credit rating