iShares J.P.Morgan USD Emerging Markets Bond (AUD Hedged) ETF
Performance
Total return to 23 Oct 2026, distributions reinvested, before franking. ASX figures are to 30 Sept 2026 and gross of franking, so they run higher for franked Australian funds.
What it costs to hold
Management fee plus trading costs, compared with similar funds.
A typical fund among fixed income funds would cost $140 (0.28% a year), so IHEB is $128 dearer.
Spread is the average gap between buying and selling prices on the ASX. Fees are shown on a flat balance, not compounded on growth. Excludes tax and any adviser or platform fees.
Calendar-year returns
Where the money is
Look-through exposure as at 2 Sept 2026 · 1 securities · top 10 = 99.9%
Country
Sector
Monthly returns
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Year | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | −0.0 | 1.6 | −4.3 | 2.4 | 1.4 | 0.5 | −1.0 | 0.9 | −3.6 | 0.9 | −1.4YTD | ||
| 2025 | 1.7 | 1.4 | −0.8 | 0.4 | 0.4 | 2.7 | 1.0 | 1.5 | 1.8 | 1.6 | −0.1 | 1.2 | 13.5 |
| 2024 | −1.6 | 0.3 | 2.6 | −2.0 | 1.6 | 0.2 | 1.8 | 2.5 | 1.6 | −2.1 | 0.8 | −1.6 | 3.9 |
| 2023 | 2.3 | −2.0 | 0.6 | 0.3 | −0.5 | 1.3 | 1.8 | −1.4 | −3.4 | −1.4 | 6.4 | 3.7 | 7.8 |
| 2022 | −3.8 | −5.3 | −0.6 | −4.8 | −1.6 | −7.0 | 3.1 | −0.6 | −9.0 | 2.0 | 6.3 | 0.3 | −19.9 |
| 2021 | −1.5 | −4.1 | −0.5 | 2.4 | 1.3 | 0.3 | 0.9 | 0.4 | −1.7 | −0.2 | −1.8 | 1.5 | −3.1 |
| 2020 | 0.3 | −0.7 | −16.1 | 5.0 | 7.3 | 1.8 | 4.4 | 0.1 | −2.0 | −0.1 | 4.1 | 1.8 | 3.8 |
| 2019 | 4.6 | 1.8 | 0.7 | 0.5 | 0.1 | 3.3 | 1.7 | 0.7 | −0.6 | −0.5 | −0.5 | 3.2 | 15.8 |
| 2018 | −0.4 | −2.2 | −0.4 | −0.9 | −0.5 | −2.4 | 3.1 | −1.9 | 0.9 | −1.9 | −1.2 | 1.3 | −6.4 |
| 2017 | 1.5 | 2.0 | 0.3 | 1.7 | 0.7 | 0.5 | 0.3 | 1.9 | −0.1 | 0.3 | −0.1 | 1.0 | 10.4 |
| 2016 | −0.1 | 2.1 | 3.1 | 1.9 | 0.7 | 2.7 | 1.8 | 2.3 | 0.1 | −1.8 | −4.6 | 1.8 | 10.2 |
Total return each month in %, distributions reinvested, before franking. The latest month runs to the last price date. The first year starts from listing.
Top holdings
Most similar funds
Overlap is the share of the portfolio held in common, look-through. Correlation is of daily returns. High overlap means close substitutes.
IHEB questions answered
Written from the latest data on this page. General information only, not financial advice.
How diversified is iShares J.P.Morgan USD Emerging Markets Bond (AUD Hedged) ETF?
iShares J.P.Morgan USD Emerging Markets Bond (AUD Hedged) ETF holds 1 securities.
Its country exposure is almost entirely Ireland (100.0%), based on holdings as at 2 Sept 2026.
Which ETFs does IHEB double up with most?
No other ASX fund shares more than 10% of its holdings with IHEB, and no fund's returns track it closely, so it offers a fairly distinct exposure.
How is iShares J.P.Morgan USD Emerging Markets Bond (AUD Hedged) ETF managed – active or passive?
iShares J.P.Morgan USD Emerging Markets Bond (AUD Hedged) ETF is passively managed: it follows an index and holds what that index holds, rather than relying on a manager's stock picks.
Among fixed income funds, active funds charge a median 0.50% a year and index funds 0.22%.
What will I pay in fees for IHEB?
IHEB charges a management fee of 0.51% a year, about $51 for every $10,000 invested. Only 39% of the 471 ASX ETFs we track charge more, and the median fee is 0.44%. Among fixed income funds, the median is 0.26%.
It is the cheapest of the 2 broad fixed income funds we track.
The fee is taken from the fund's assets and is already reflected in its returns. You'll also pay brokerage when you buy or sell, and the bid-ask spread, which has averaged 0.14% for IHEB.
Does iShares J.P.Morgan USD Emerging Markets Bond (AUD Hedged) ETF follow a theme?
No. iShares J.P.Morgan USD Emerging Markets Bond (AUD Hedged) ETF is a broad fixed income fund: it aims to cover a wide slice of its market (Emerging markets) rather than one theme or sector.
What is under the hood of IHEB?
As at 2 Sept 2026, IHEB's largest holding is Ishares J.p. Morgan $ Emer Mkts Bd (99.9%).
It follows an index; the issuer's PDS sets out how that index chooses and weights its holdings.
How well has iShares J.P.Morgan USD Emerging Markets Bond (AUD Hedged) ETF performed?
Based on its category, iShares J.P.Morgan USD Emerging Markets Bond (AUD Hedged) ETF aims mainly to pay a regular income, with capital growth secondary.
To 23 Oct 2026, with distributions reinvested, it returned 0.4% over 1 year (median −0.4%; ranked 26 of 66), 9.4% a year over 3 years (median 4.4% a year; ranked 1 of 48) and 0.2% a year over 5 years (median 0.6% a year; ranked 22 of 34). The medians and rankings compare it with fixed income funds. Since listing in 2016 it has returned 2.5% a year.
Tracking difference is the gap between a fund's return and its index's return. We don't hold index returns, so we can't measure it for IHEB; the issuer reports it in the monthly fact sheet. As a guide, a well-run index fund trails its index by about its fee, here 0.51% a year, and a much bigger gap is a warning sign.
Past performance is not a reliable indicator of future performance.