VanEck J.P. Morgan EM Local Currency Bond ETF (EMLC)Emerging-Markets Local-Currency Bond | Exchange Traded Fund | NYSEArca
25.57 USD
-0.20
(-0.776%) ⇩
(Aug. 28, 2026, 4 p.m.
EDT)
After hours: 25.55 -0.02 (-0.020%) ⇩ (Aug. 28, 2026, 7:55 p.m. EDT) |
Hot Take ↕ | Aug. 22, 2026, 4:51 a.m. EDT
The VanEck J.P. Morgan EM Local Currency Bond ETF presents a classic defensive income play rather than a growth opportunity. The asset offers a robust 6.25% dividend yield, which is well above inflation and provides a strong floor for investors concerned about capital preservation in volatile emerging markets. However, the price trajectory tells a different story: over the last nine years, the share price has eroded by nearly 34%, reflecting the persistent challenges of the underlying currency and credit risks in the portfolio. While the most recent annual return was positive, the long-term trend remains structurally downward, capping the long-term investment thesis. On the short end, the technical picture is flat, trading near its 50-day average with no clear momentum breakout, and options flow confirms a cautious stance with buyers hedging downside risk. This is a suitable holding for income-focused portfolios seeking exposure to EM debt, but it lacks the capital appreciation potential required for a high-conviction long-term buy. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.004879 |
| MSTL | 0.005579 |
| AutoARIMA | 0.005928 |
| AutoETS | 0.005928 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 74% |
| H-stat | 5.41 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.932 |
| Excess Kurtosis | -0.18 |
As of Aug. 22, 2026, 4:51 a.m. EDT: Speculators are positioning defensively with heavy put volume at strikes below the current price, particularly for January 2027 expiration where new flow exceeds open interest. Conversely, call activity is concentrated at-the-money for October 2026, suggesting a neutral-to-slightly-bullish bias for the near term, while deep out-of-the-money calls show significant open interest buildup, indicating a hedge against a sharp spike.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.51% | 6.22% | 6.23% | 5.96% |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-08-03 | 0.130 | 0.512214 |
| 2026-07-01 | 0.144 | 0.568047 |
| 2026-06-01 | 0.139 | 0.544884 |
| 2026-05-01 | 0.137 | 0.538946 |
| 2026-04-01 | 0.141 | 0.561529 |
| 2026-03-02 | 0.120 | 0.458540 |
| 2026-02-02 | 0.121 | 0.461656 |
| 2025-12-29 | 0.139 | 0.540016 |
| 2025-11-28 | 0.128 | 0.500000 |
| 2025-11-03 | 0.129 | 0.508475 |
| 2025-10-01 | 0.126 | 0.495478 |
| 2025-09-02 | 0.134 | 0.533227 |
| 2025-08-01 | 0.134 | 0.536644 |
| 2025-07-01 | 0.124 | 0.491478 |
| 2025-06-02 | 0.122 | 0.493727 |
| 2025-05-01 | 0.127 | 0.521775 |
| 2025-04-01 | 0.127 | 0.534962 |
| 2025-03-03 | 0.115 | 0.486464 |
| 2025-02-03 | 0.121 | 0.515772 |
| 2024-12-27 | 0.131 | 0.563441 |
| 2024-12-02 | 0.128 | 0.540541 |
| 2024-11-01 | 0.133 | 0.557886 |
| 2024-10-01 | 0.123 | 0.488677 |
| 2024-09-03 | 0.132 | 0.537678 |
| 2024-08-01 | 0.130 | 0.540765 |
| 2024-07-01 | 0.118 | 0.500424 |
| 2024-06-03 | 0.126 | 0.521955 |
| 2024-04-23 | 0.127 | 0.531603 |
| 2024-04-01 | 0.125 | 0.515251 |
| 2024-03-01 | 0.116 | 0.469256 |
| 2024-02-01 | 0.126 | 0.502793 |
| 2023-12-27 | 0.131 | 0.515545 |
| 2023-12-01 | 0.122 | 0.488391 |
| 2023-11-01 | 0.125 | 0.525431 |
| 2023-10-02 | 0.126 | 0.535032 |
| 2023-09-01 | 0.139 | 0.557561 |
| 2023-08-01 | 0.135 | 0.529619 |
| 2023-07-03 | 0.127 | 0.497844 |
| 2023-06-01 | 0.129 | 0.514354 |
| 2023-04-24 | 0.123 | 0.492591 |
| 2023-04-03 | 0.125 | 0.496820 |
| 2023-03-01 | 0.110 | 0.448248 |
| 2023-02-01 | 0.120 | 0.470588 |
| 2022-12-28 | 0.121 | 0.502492 |
| 2022-12-01 | 0.112 | 0.461095 |
| 2022-11-01 | 0.118 | 0.521432 |
| 2022-10-03 | 0.118 | 0.512153 |
| 2022-09-01 | 0.121 | 0.507338 |
| 2022-08-01 | 0.122 | 0.500821 |
| 2022-07-01 | 0.121 | 0.496105 |
| 2022-06-01 | 0.108 | 0.425364 |
| 2022-04-25 | 0.113 | 0.439347 |
| 2022-04-01 | 0.087 | 0.322581 |
| 2022-03-01 | 0.109 | 0.406716 |
| 2022-02-01 | 0.126 | 0.439331 |
| 2021-12-29 | 0.124 | 0.435088 |
| 2021-12-01 | 0.120 | 0.423579 |
| 2021-11-01 | 0.126 | 0.431359 |
| 2021-10-01 | 0.123 | 0.409318 |
| 2021-09-01 | 0.127 | 0.408491 |
| 2021-08-02 | 0.127 | 0.409149 |
| 2021-07-01 | 0.125 | 0.401671 |
| 2021-06-01 | 0.130 | 0.407779 |
| 2021-04-26 | 0.121 | 0.387200 |
| 2021-04-01 | 0.136 | 0.443575 |
| 2021-03-01 | 0.118 | 0.371420 |
| 2021-02-01 | 0.125 | 0.383201 |
| 2020-12-29 | 0.129 | 0.389258 |
| 2020-12-01 | 0.121 | 0.371622 |
| 2020-11-02 | 0.131 | 0.428245 |
| 2020-10-01 | 0.110 | 0.356564 |
| 2020-09-01 | 0.125 | 0.395570 |
| 2020-08-03 | 0.153 | 0.487572 |
| 2020-07-01 | 0.147 | 0.477893 |
| 2020-06-01 | 0.133 | 0.429032 |
| 2020-04-24 | 0.123 | 0.438034 |
| 2020-04-01 | 0.143 | 0.516805 |
| 2020-03-02 | 0.147 | 0.452308 |
| 2020-02-03 | 0.167 | 0.499253 |
| 2019-12-30 | 0.159 | 0.469165 |
| 2019-12-02 | 0.164 | 0.499543 |
| 2019-11-01 | 0.181 | 0.534554 |
| 2019-10-01 | 0.185 | 0.564369 |
| 2019-09-03 | 0.191 | 0.583384 |
| 2019-08-01 | 0.182 | 0.533568 |
| 2019-07-01 | 0.170 | 0.491188 |
| 2019-06-03 | 0.190 | 0.576806 |
| 2019-04-24 | 0.182 | 0.549185 |
| 2019-04-01 | 0.183 | 0.545130 |
| 2019-03-01 | 0.157 | 0.463264 |
| 2019-02-01 | 0.184 | 0.532407 |
| 2018-12-27 | 0.182 | 0.554878 |
| 2018-12-03 | 0.176 | 0.534792 |
| 2018-11-01 | 0.177 | 0.545455 |
| 2018-10-01 | 0.168 | 0.512195 |
| 2018-09-04 | 0.172 | 0.543960 |
| 2018-08-01 | 0.186 | 0.537572 |
| 2018-07-02 | 0.178 | 0.528504 |
| 2018-06-01 | 0.192 | 0.544835 |
| 2018-04-24 | 0.182 | 0.481227 |
| 2018-04-02 | 0.184 | 0.473495 |
| 2018-03-01 | 0.174 | 0.450078 |
| 2018-02-01 | 0.174 | 0.440729 |
| 2017-12-27 | 0.168 | 0.443975 |
| 2017-12-01 | 0.170 | 0.453333 |
| 2017-11-01 | 0.184 | 0.497297 |
| 2017-10-02 | 0.178 | 0.466946 |
| 2017-09-01 | 0.170 | 0.439050 |
| 2017-08-01 | 0.174 | 0.455497 |
| 2017-07-03 | 0.168 | 0.450161 |
| 2017-06-01 | 0.178 | 0.471398 |
| 2017-05-01 | 0.164 | 0.440623 |
| 2017-04-03 | 0.160 | 0.434311 |
| 2017-03-01 | 0.152 | 0.418272 |
| 2017-02-01 | 0.160 | 0.446180 |
| 2016-12-28 | 0.162 | 0.463122 |
| 2016-12-01 | 0.152 | 0.441860 |
| 2016-11-01 | 0.164 | 0.440150 |
| 2016-10-03 | 0.144 | 0.378151 |
| 2016-09-01 | 0.160 | 0.427350 |
| 2016-08-01 | 0.132 | 0.351438 |
| 2016-07-01 | 0.142 | 0.377459 |
| 2016-06-01 | 0.174 | 0.484680 |
| 2016-05-02 | 0.178 | 0.472399 |
| 2016-04-01 | 0.144 | 0.389610 |
| 2016-03-01 | 0.146 | 0.420992 |
| 2016-02-01 | 0.172 | 0.508575 |
| 2015-12-29 | 0.168 | 0.490941 |
| 2015-12-01 | 0.164 | 0.466174 |
| 2015-11-02 | 0.170 | 0.474330 |
| 2015-10-01 | 0.170 | 0.492754 |
| 2015-09-01 | 0.180 | 0.505334 |
| 2015-08-03 | 0.174 | 0.464744 |
| 2015-07-01 | 0.180 | 0.464396 |
| 2015-06-01 | 0.178 | 0.450177 |
| 2015-05-01 | 0.194 | 0.476658 |
| 2015-04-01 | 0.182 | 0.450718 |
| 2015-03-02 | 0.196 | 0.478516 |
| 2015-02-02 | 0.172 | 0.405660 |
| 2014-12-29 | 0.192 | 0.453686 |
| 2014-12-01 | 0.202 | 0.451902 |
| 2014-11-03 | 0.200 | 0.441112 |
| 2014-10-01 | 0.200 | 0.440723 |
| 2014-09-02 | 0.220 | 0.463158 |
| 2014-08-01 | 0.214 | 0.448074 |
| 2014-07-01 | 0.220 | 0.454733 |
| 2014-06-02 | 0.220 | 0.459290 |
| 2014-04-24 | 0.224 | 0.475988 |
| 2014-04-01 | 0.226 | 0.479220 |
| 2014-03-03 | 0.196 | 0.430391 |
| 2014-02-03 | 0.220 | 0.494382 |
| 2013-12-27 | 0.220 | 0.465904 |
| 2013-12-02 | 0.220 | 0.464920 |
| 2013-11-01 | 0.220 | 0.450450 |
| 2013-10-01 | 0.208 | 0.428689 |
| 2013-09-03 | 0.194 | 0.418284 |
| 2013-08-01 | 0.194 | 0.400495 |
| 2013-07-01 | 0.200 | 0.407830 |
| 2013-06-03 | 0.224 | 0.436307 |
| 2013-04-24 | 0.192 | 0.350237 |
| 2013-04-01 | 0.190 | 0.351982 |
| 2013-03-01 | 0.194 | 0.357538 |
| 2013-02-01 | 0.184 | 0.332610 |
| 2012-12-27 | 0.182 | 0.333578 |
| 2012-12-03 | 0.182 | 0.339933 |
| 2012-11-01 | 0.182 | 0.341720 |
| 2012-10-01 | 0.182 | 0.343267 |
| 2012-09-04 | 0.190 | 0.365666 |
| 2012-08-01 | 0.190 | 0.365666 |
| 2012-07-02 | 0.190 | 0.371384 |
| 2012-06-01 | 0.170 | 0.350660 |
| 2012-05-01 | 0.190 | 0.359985 |
| 2012-04-02 | 0.190 | 0.360121 |
| 2012-03-01 | 0.206 | 0.383613 |
| 2012-02-01 | 0.180 | 0.341038 |
| 2011-12-28 | 0.206 | 0.421440 |
| 2011-12-01 | 0.190 | 0.381373 |
| 2011-11-01 | 0.222 | 0.436492 |
| 2011-10-03 | 0.236 | 0.491462 |
| 2011-09-01 | 0.250 | 0.455373 |
| 2011-08-01 | 0.238 | 0.429448 |
| 2011-07-01 | 0.240 | 0.434153 |
| 2011-06-01 | 0.268 | 0.489051 |
| 2011-05-02 | 0.244 | 0.438849 |
| 2011-04-01 | 0.268 | 0.498883 |
| 2011-03-01 | 0.226 | 0.430969 |
| 2011-02-01 | 0.216 | 0.412844 |
| 2010-12-29 | 0.188 | 0.355926 |
| 2010-12-01 | 0.210 | 0.400458 |
| 2010-11-01 | 0.200 | 0.365631 |
| 2010-10-01 | 0.160 | 0.294768 |
| 2010-09-01 | 0.216 | 0.415864 |
| Attribute | Value |
|---|---|
| All Time High | 56.24 |
| All Time Low | 22.38 |
| Ask | 25.58 |
| Ask Size | 21,900 |
| Average Daily Volume10 Day | 2,769,620 |
| Average Daily Volume3 Month | 2,028,430 |
| Average Volume | 2,028,430 |
| Average Volume10Days | 2,769,620 |
| Beta3 Year | 1.1 |
| Bid | 25.57 |
| Bid Size | 12,300 |
| Category | Emerging-Markets Local-Currency Bond |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 25.7485 |
| Day Low | 25.55 |
| Dividend Yield | 6.25 |
| Esg Populated | 0 |
| Exchange | PCX |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 25.5254 |
| Fifty Day Average Change | 0.044599533 |
| Fifty Day Average Change Percent | 0.0017472609 |
| Fifty Two Week Change Percent | 1.7508984 |
| Fifty Two Week High | 26.63 |
| Fifty Two Week High Change | -1.0599995 |
| Fifty Two Week High Change Percent | -0.039804712 |
| Fifty Two Week Low | 24.8 |
| Fifty Two Week Low Change | 0.77000046 |
| Fifty Two Week Low Change Percent | 0.031048406 |
| Fifty Two Week Range | 24.8 - 26.63 |
| First Trade Date Milliseconds | 1,279,891,800,000 |
| Five Year Average Return | 0.022841498 |
| Full Exchange Name | NYSEArca |
| Fullday Change | -0.200001 |
| Fullday Change Percent | -0.776099 |
| Fullday Price | 25.5502 |
| Fund Family | VanEck |
| Fund Inception Date | 1,279,756,800 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | The fund normally invests at least 80% of its total assets in securities that comprise the fund's benchmark index. The index is comprised of bonds issued by emerging market governments and denominated in the local currency of the issuer. It may concentrate its investments in a particular industry or group of industries to the extent that the index concentrates in an industry or group of industries. The fund is non-diversified. |
| Long Name | VanEck J.P. Morgan EM Local Currency Bond ETF |
| Market | us_market |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_109864250 |
| Nav Price | 25.72 |
| Net Assets | 4,795,923,500.0 |
| Net Expense Ratio | 0.3 |
| Open | 25.71 |
| Phone | 888-658-8287 |
| Post Market Change | -0.019800186 |
| Post Market Change Percent | -0.077435225 |
| Post Market Price | 25.5502 |
| Post Market Time | 1,787,961,310 |
| Previous Close | 25.77 |
| Price Hint | 2 |
| Quote Source Name | Delayed Quote |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -0.200001 |
| Regular Market Change Percent | -0.776099 |
| Regular Market Day High | 25.7485 |
| Regular Market Day Low | 25.55 |
| Regular Market Day Range | 25.55 - 25.7485 |
| Regular Market Open | 25.71 |
| Regular Market Previous Close | 25.77 |
| Regular Market Price | 25.57 |
| Regular Market Time | 1,787,947,200 |
| Regular Market Volume | 4,129,687 |
| Short Name | VanEck J. P. Morgan EM Local Cu |
| Source Interval | 15 |
| Symbol | EMLC |
| Three Year Average Return | 0.073780395 |
| Total Assets | 4,795,923,456 |
| Tradeable | 0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 1.58263 |
| Trailing Three Month Returns | 1.58263 |
| Triggerable | 1 |
| Two Hundred Day Average | 25.67655 |
| Two Hundred Day Average Change | -0.10655022 |
| Two Hundred Day Average Change Percent | -0.0041497094 |
| Type Disp | ETF |
| Volume | 4,129,687 |
| Yield | 0.0625 |
| Ytd Return | 1.89872 |