JEMB vs TEI
Janus Henderson Emerging Markets Debt Hard Currency ETF vs Templeton Emerging Markets Income Fund Inc.
Which is better, JEMB or TEI?
TEI has been ahead.
JEMB has a lower expense ratio. TEI led over 1Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | JEMB | TEI |
|---|---|---|
| Expense Ratio | 0.52%Best | 1.14% |
| AUM | $475M | $2,711.9 |
| Dividend Yield | 7.12% | 13.02% |
| Holdings | 343 | 151 |
| YTD Return | -0.03% | +0.98%Best |
| 1Y Return | +2.78% | +13.63%Best |
| 3Y Return (annualized) | - | +23.82% |
| 5Y Return (annualized) | - | +6.77% |
| Volatility (annualized) | 6.1%Best | 16.7% |
| Max Drawdown | -5.4%Best | -14.5% |
| $10,000 over 2.2 years | $11,641 | $14,189Best |
| Fund Family | Janus Henderson Investors | Franklin Templeton Investments (US) |
| Category | Fixed Income | Fixed Income |
| Style | Emerging Markets Bond | Emerging Markets Bond |
| Inception | Aug 13, 2024 | Sep 23, 1993 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.2 years row, are measured over the window both funds cover: Aug 14, 2024 to Oct 14, 2026 (2.2 years).
JEMB vs TEI growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 2.2 years both funds cover.
JEMB vs TEI Performance
Janus Henderson Emerging Markets Debt Hard Currency ETF (JEMB) is an ETF from Janus Henderson Investors and Templeton Emerging Markets Income Fund Inc. (TEI) is an ETF from Franklin Templeton Investments (US). Over the past year JEMB returned +2.78% while TEI returned +13.63%. Year to date, JEMB is down 0.03% versus a gain of 0.98% for TEI.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
TEI has been the more volatile fund, with annualized monthly volatility of 16.7% compared with 6.1% for JEMB. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -5.4% for JEMB and -14.5% for TEI. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.76. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
JEMB charges 0.52% per year while TEI charges 1.14%. On a $10,000 position that is $52 vs $114 annually, a gap of $62 per year that compounds over a long holding period. On income, JEMB currently yields 7.12% against 13.02% for TEI.
Holdings Overlap
We hold position weights for 89 holdings in JEMB and 19 in TEI, totalling 25.5% and 25.1% of the two funds. Neither is a share of a fund we can divide by, so no overlap percentage is shown here. Within what we can see, 5 positions appear in both.
5 positions in common, counted across the 89 positions we hold weights for in JEMB and 19 in TEI, against full books of 343 and 151.
Top Shared Holdings
| Stock | Weight in JEMB | Weight in TEI | Difference |
|---|---|---|---|
| ARGENT 4.125 07/09/3Republic Of Argentina Sr Unsecured 07/35 1.5 Var | 0.81% | 3.82% | 3.01% |
| EGYPT 8.75 09/30/51 | 0.48% | 0.89% | 0.41% |
| PANAMA 6.4 02/14/35Panama Government International Bond 6.400% 14-Feb-2035 | 0.18% | 0.28% | 0.10% |
| ARGENT 0.75 07/09/30Argentina Republic Of Step 07/09/2030 | 0.29% | 0.16% | 0.13% |
| GHANA 5 07/03/35 144Republic Of Ghana Sr Unsecured 144A 07/35 Var | 0.12% | 0.23% | 0.11% |
You are not choosing between two funds in isolation.
Whichever of JEMB and TEI you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, JEMB or TEI?
JEMB has an expense ratio of 0.52% while TEI charges 1.14%. JEMB is the cheaper option, by $62 a year on a $10,000 investment.
Which performed better, JEMB or TEI?
Over the past year JEMB returned +2.78% vs +13.63% for TEI, so TEI leads on 1-year performance. Over the longest common window we track (2 years), JEMB annualized +7.15% vs +17.24% for TEI. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, JEMB or TEI?
TEI has been the more volatile fund at 16.7% annualized versus 6.1% for JEMB. Worst drawdown: JEMB -5.4% vs TEI -14.5%.
Should I hold both JEMB and TEI?
JEMB and TEI have a monthly-return correlation of 0.76, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, JEMB or TEI?
JEMB yields 7.12% while TEI yields 13.02%, so TEI currently pays the higher dividend yield.
Is TEI better than JEMB?
JEMB has a lower expense ratio. TEI led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.