VanEck J.P. Morgan EM Local Currency Bond ETF (EMLC)Emerging-Markets Local-Currency Bond | Exchange Traded Fund | NYSEArca
25.86 USD
-0.21
(-0.806%) ⇩
(April 21, 2026, 4 p.m.
EDT)
|
Hot Take ↕ | April 18, 2026, 11:35 p.m. EDT
The ETF is trading near its 52-week highs with a strong structural yield, but the focal point is the divergence in longer-dated options: speculators are betting bullish for May/July while hedgers are positioning bearish for October. This suggests the catalyst for rising EM bond yields (and ETF price) may be waning by mid-year, despite the attractive 6%+ yield floor protecting downside risk. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.021798 |
| AutoETS | 0.032478 |
| AutoARIMA | 0.033007 |
| MSTL | 0.033231 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 40% |
| H-stat | 81.69 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.135 |
| Excess Kurtosis | -1.36 |
As of April 18, 2026, 11:35 p.m. EDT: Options flow shows a distinct preference for out-of-the-money (OTM) calls on May and July expiration dates, suggesting speculation on a continued upward trend toward the $27 strike. However, the October expiration data presents a conflicting signal with heavy OTM put positioning (OI=302), indicating a hedge against a potential sharp reversal later in the year. The 1-month expiration (April 17) is nearly dead with very low volume/interest, reflecting the current lack of conviction in the immediate next session aside from recent momentum.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.56% | 6.28% | 6.78% | 6.77% |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-04-01 | 0.141 | 0.561529 |
| 2026-03-02 | 0.120 | 0.461130 |
| 2026-02-02 | 0.121 | 0.466368 |
| 2025-12-29 | 0.139 | 0.548048 |
| 2025-11-28 | 0.128 | 0.510166 |
| 2025-11-03 | 0.129 | 0.521410 |
| 2025-10-01 | 0.126 | 0.510667 |
| 2025-09-02 | 0.134 | 0.552301 |
| 2025-08-01 | 0.134 | 0.558793 |
| 2025-07-01 | 0.124 | 0.514536 |
| 2025-06-02 | 0.122 | 0.519431 |
| 2025-05-01 | 0.127 | 0.551666 |
| 2025-04-01 | 0.127 | 0.568559 |
| 2025-03-03 | 0.115 | 0.519781 |
| 2025-02-03 | 0.121 | 0.553788 |
| 2024-12-27 | 0.131 | 0.608094 |
| 2024-12-02 | 0.128 | 0.586671 |
| 2024-11-01 | 0.133 | 0.608756 |
| 2024-10-01 | 0.123 | 0.536190 |
| 2024-09-03 | 0.132 | 0.592826 |
| 2024-08-01 | 0.130 | 0.599424 |
| 2024-07-01 | 0.118 | 0.557702 |
| 2024-06-03 | 0.126 | 0.584598 |
| 2024-04-23 | 0.127 | 0.598514 |
| 2024-04-01 | 0.125 | 0.583204 |
| 2024-03-01 | 0.116 | 0.533865 |
| 2024-02-01 | 0.126 | 0.574709 |
| 2023-12-27 | 0.131 | 0.592274 |
| 2023-12-01 | 0.122 | 0.563980 |
| 2023-11-01 | 0.125 | 0.609741 |
| 2023-10-02 | 0.126 | 0.624175 |
| 2023-09-01 | 0.139 | 0.653910 |
| 2023-08-01 | 0.135 | 0.624594 |
| 2023-07-03 | 0.127 | 0.590197 |
| 2023-06-01 | 0.129 | 0.612815 |
| 2023-04-24 | 0.123 | 0.589930 |
| 2023-04-03 | 0.125 | 0.597939 |
| 2023-03-01 | 0.110 | 0.542164 |
| 2023-02-01 | 0.120 | 0.571760 |
| 2022-12-28 | 0.121 | 0.613435 |
| 2022-12-01 | 0.112 | 0.565725 |
| 2022-11-01 | 0.118 | 0.642723 |
| 2022-10-03 | 0.118 | 0.634590 |
| 2022-09-01 | 0.121 | 0.631894 |
| 2022-08-01 | 0.122 | 0.626927 |
| 2022-07-01 | 0.121 | 0.624152 |
| 2022-06-01 | 0.108 | 0.537811 |
| 2022-04-25 | 0.113 | 0.557839 |
| 2022-04-01 | 0.087 | 0.411372 |
| 2022-03-01 | 0.109 | 0.520343 |
| 2022-02-01 | 0.126 | 0.564332 |
| 2021-12-29 | 0.124 | 0.561347 |
| 2021-12-01 | 0.120 | 0.548866 |
| 2021-11-01 | 0.126 | 0.561311 |
| 2021-10-01 | 0.123 | 0.534918 |
| 2021-09-01 | 0.127 | 0.536038 |
| 2021-08-02 | 0.127 | 0.539098 |
| 2021-07-01 | 0.125 | 0.531414 |
| 2021-06-01 | 0.130 | 0.541653 |
| 2021-04-26 | 0.121 | 0.516424 |
| 2021-04-01 | 0.136 | 0.593902 |
| 2021-03-01 | 0.118 | 0.499508 |
| 2021-02-01 | 0.125 | 0.517276 |
| 2020-12-29 | 0.129 | 0.527472 |
| 2020-12-01 | 0.121 | 0.505536 |
| 2020-11-02 | 0.131 | 0.584750 |
| 2020-10-01 | 0.110 | 0.488957 |
| 2020-09-01 | 0.125 | 0.544387 |
| 2020-08-03 | 0.153 | 0.673675 |
| 2020-07-01 | 0.147 | 0.663517 |
| 2020-06-01 | 0.133 | 0.598539 |
| 2020-04-24 | 0.123 | 0.613746 |
| 2020-04-01 | 0.143 | 0.727261 |
| 2020-03-02 | 0.147 | 0.639712 |
| 2020-02-03 | 0.167 | 0.709324 |
| 2019-12-30 | 0.159 | 0.669908 |
| 2019-12-02 | 0.164 | 0.716632 |
| 2019-11-01 | 0.181 | 0.770694 |
| 2019-10-01 | 0.185 | 0.818041 |
| 2019-09-03 | 0.191 | 0.850371 |
| 2019-08-01 | 0.182 | 0.782288 |
| 2019-07-01 | 0.170 | 0.723961 |
| 2019-06-03 | 0.190 | 0.854339 |
| 2019-04-24 | 0.182 | 0.818139 |
| 2019-04-01 | 0.183 | 0.816507 |
| 2019-03-01 | 0.157 | 0.697714 |
| 2019-02-01 | 0.184 | 0.805556 |
| 2018-12-27 | 0.182 | 0.844021 |
| 2018-12-03 | 0.176 | 0.818010 |
| 2018-11-01 | 0.177 | 0.838800 |
| 2018-10-01 | 0.168 | 0.791999 |
| 2018-09-04 | 0.172 | 0.845430 |
| 2018-08-01 | 0.186 | 0.839973 |
| 2018-07-02 | 0.178 | 0.830235 |
| 2018-06-01 | 0.192 | 0.860390 |
| 2018-04-24 | 0.182 | 0.764081 |
| 2018-04-02 | 0.184 | 0.755428 |
| 2018-03-01 | 0.174 | 0.721454 |
| 2018-02-01 | 0.174 | 0.709642 |
| 2017-12-27 | 0.168 | 0.718040 |
| 2017-12-01 | 0.170 | 0.736443 |
| 2017-11-01 | 0.184 | 0.811536 |
| 2017-10-02 | 0.178 | 0.765799 |
| 2017-09-01 | 0.170 | 0.723401 |
| 2017-08-01 | 0.174 | 0.753802 |
| 2017-07-03 | 0.168 | 0.748356 |
| 2017-06-01 | 0.178 | 0.787162 |
| 2017-05-01 | 0.164 | 0.739258 |
| 2017-04-03 | 0.160 | 0.731881 |
| 2017-03-01 | 0.152 | 0.707913 |
| 2017-02-01 | 0.160 | 0.758316 |
| 2016-12-28 | 0.162 | 0.790628 |
| 2016-12-01 | 0.152 | 0.757829 |
| 2016-11-01 | 0.164 | 0.758223 |
| 2016-10-03 | 0.144 | 0.654279 |
| 2016-09-01 | 0.160 | 0.742204 |
| 2016-08-01 | 0.132 | 0.612978 |
| 2016-07-01 | 0.142 | 0.660667 |
| 2016-06-01 | 0.174 | 0.851540 |
| 2016-05-02 | 0.178 | 0.834025 |
| 2016-04-01 | 0.144 | 0.691106 |
| 2016-03-01 | 0.146 | 0.749676 |
| 2016-02-01 | 0.172 | 0.909502 |
| 2015-12-29 | 0.168 | 0.882437 |
| 2015-12-01 | 0.164 | 0.842032 |
| 2015-11-02 | 0.170 | 0.860783 |
| 2015-10-01 | 0.170 | 0.898474 |
| 2015-09-01 | 0.180 | 0.925955 |
| 2015-08-03 | 0.174 | 0.855862 |
| 2015-07-01 | 0.180 | 0.859167 |
| 2015-06-01 | 0.178 | 0.836715 |
| 2015-05-01 | 0.194 | 0.889902 |
| 2015-04-01 | 0.182 | 0.845464 |
| 2015-03-02 | 0.196 | 0.901685 |
| 2015-02-02 | 0.172 | 0.768034 |
| 2014-12-29 | 0.192 | 0.862463 |
| 2014-12-01 | 0.202 | 0.862968 |
| 2014-11-03 | 0.200 | 0.846161 |
| 2014-10-01 | 0.200 | 0.849122 |
| 2014-09-02 | 0.220 | 0.896277 |
| 2014-08-01 | 0.214 | 0.871081 |
| 2014-07-01 | 0.220 | 0.887985 |
| 2014-06-02 | 0.220 | 0.900962 |
| 2014-04-24 | 0.224 | 0.937988 |
| 2014-04-01 | 0.226 | 0.948858 |
| 2014-03-03 | 0.196 | 0.856283 |
| 2014-02-03 | 0.220 | 0.987791 |
| 2013-12-27 | 0.220 | 0.935461 |
| 2013-12-02 | 0.220 | 0.937828 |
| 2013-11-01 | 0.220 | 0.912852 |
| 2013-10-01 | 0.208 | 0.872629 |
| 2013-09-03 | 0.194 | 0.855108 |
| 2013-08-01 | 0.194 | 0.822153 |
| 2013-07-01 | 0.200 | 0.840544 |
| 2013-06-03 | 0.224 | 0.902957 |
| 2013-04-24 | 0.192 | 0.727978 |
| 2013-04-01 | 0.190 | 0.734175 |
| 2013-03-01 | 0.194 | 0.748392 |
| 2013-02-01 | 0.184 | 0.698692 |
| 2012-12-27 | 0.182 | 0.703074 |
| 2012-12-03 | 0.182 | 0.718872 |
| 2012-11-01 | 0.182 | 0.725110 |
| 2012-10-01 | 0.182 | 0.730878 |
| 2012-09-04 | 0.190 | 0.781251 |
| 2012-08-01 | 0.190 | 0.784114 |
| 2012-07-02 | 0.190 | 0.799284 |
| 2012-06-01 | 0.170 | 0.757498 |
| 2012-05-01 | 0.190 | 0.780376 |
| 2012-04-02 | 0.190 | 0.783490 |
| 2012-03-01 | 0.206 | 0.837626 |
| 2012-02-01 | 0.180 | 0.747535 |
| 2011-12-28 | 0.206 | 0.926951 |
| 2011-12-01 | 0.190 | 0.842327 |
| 2011-11-01 | 0.222 | 0.967765 |
| 2011-10-03 | 0.236 | 1.094332 |
| 2011-09-01 | 0.250 | 1.018863 |
| 2011-08-01 | 0.238 | 0.965203 |
| 2011-07-01 | 0.240 | 0.979983 |
| 2011-06-01 | 0.268 | 1.108744 |
| 2011-05-02 | 0.244 | 0.999802 |
| 2011-04-01 | 0.268 | 1.141563 |
| 2011-03-01 | 0.226 | 0.991096 |
| 2011-02-01 | 0.216 | 0.953501 |
| 2010-12-29 | 0.188 | 0.825448 |
| 2010-12-01 | 0.210 | 0.932054 |
| 2010-11-01 | 0.200 | 0.854426 |
| 2010-10-01 | 0.160 | 0.691355 |
| 2010-09-01 | 0.216 | 0.978274 |
| Attribute | Value |
|---|---|
| All Time High | 56.24 |
| All Time Low | 22.38 |
| Ask | 0.0 |
| Ask Size | 26,100 |
| Average Daily Volume10 Day | 3,570,720 |
| Average Daily Volume3 Month | 5,204,013 |
| Average Volume | 5,204,013 |
| Average Volume10Days | 3,570,720 |
| Beta3 Year | 1.09 |
| Bid | 0.0 |
| Bid Size | 42,200 |
| Category | Emerging-Markets Local-Currency Bond |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 26.05 |
| Day Low | 25.86 |
| Dividend Yield | 6.13 |
| Esg Populated | 0 |
| Exchange | PCX |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 25.7654 |
| Fifty Day Average Change | 0.09460068 |
| Fifty Day Average Change Percent | 0.0036716168 |
| Fifty Two Week Change Percent | 6.947887 |
| Fifty Two Week High | 26.63 |
| Fifty Two Week High Change | -0.76999855 |
| Fifty Two Week High Change Percent | -0.028914705 |
| Fifty Two Week Low | 24.16 |
| Fifty Two Week Low Change | 1.7000008 |
| Fifty Two Week Low Change Percent | 0.070364274 |
| Fifty Two Week Range | 24.16 - 26.63 |
| First Trade Date Milliseconds | 1,279,891,800,000 |
| Five Year Average Return | 0.0211788 |
| Full Exchange Name | NYSEArca |
| 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 | PRE |
| Max Age | 86,400 |
| Message Board Id | finmb_109864250 |
| Nav Price | 26.02 |
| Net Assets | 4,748,476,900.0 |
| Net Expense Ratio | 0.3 |
| Open | 26.02 |
| Phone | 888-658-8287 |
| Pre Market Change | 0.0 |
| Pre Market Change Percent | 0.0 |
| Pre Market Price | 25.86 |
| Pre Market Time | 1,776,845,379 |
| Previous Close | 26.07 |
| Price Hint | 2 |
| Quote Source Name | Delayed Quote |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -0.209999 |
| Regular Market Change Percent | -0.80552 |
| Regular Market Day High | 26.05 |
| Regular Market Day Low | 25.86 |
| Regular Market Day Range | 25.86 - 26.05 |
| Regular Market Open | 26.02 |
| Regular Market Previous Close | 26.07 |
| Regular Market Price | 25.86 |
| Regular Market Time | 1,776,801,600 |
| Regular Market Volume | 2,791,187 |
| Short Name | VanEck J. P. Morgan EM Local Cu |
| Source Interval | 15 |
| Symbol | EMLC |
| Three Year Average Return | 0.0786271 |
| Total Assets | 4,748,476,928 |
| Tradeable | 0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -2.32141 |
| Trailing Three Month Returns | -2.32141 |
| Triggerable | 1 |
| Two Hundred Day Average | 25.60235 |
| Two Hundred Day Average Change | 0.25765038 |
| Two Hundred Day Average Change Percent | 0.010063544 |
| Type Disp | ETF |
| Volume | 2,791,187 |
| Yield | 0.061300002 |
| Ytd Return | -2.32141 |