EMHC

EMHC is a passive bond ETF designed to track an index of U.S. dollar-denominated debt issued by emerging-market governments and government-owned entities.

It uses a sampling approach (holding a representative slice rather than every bond) to closely match the index’s risk/return profile, with monthly rebalancing.

The underlying index is market-value weighted with a 5% cap per country and applies a ratings “guardrail” that excludes the highest- and lowest-rated bonds (very top-tier and deeply distressed).