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ProShares Short Term USD Emerging Markets Bond ETF (EMSH)

For informational purposes only. Not financial advice.

Quick Answer

ProShares Short Term USD Emerging Markets Bond ETF (EMSH) has a 0.50% expense ratio and $10M in assets under management. In the stored portfolio snapshot, the largest sector allocation is Cash & Others at 100.0%.

Data Sources: Yahoo Finance · Financial Modeling Prep

ProShares Short Term USD Emerging Markets Bond ETF (EMSH) ETF — Price, Holdings & Analysis

ETF Overview

EMSH provides targeted exposure to the short-term segment of the USD-denominated emerging market bond universe. The fund tracks an index comprised of a diversified portfolio of USD-denominated Emerging Market bonds that have less than or equal to five years remaining to maturity. These bonds are issued by Emerging Market sovereign governments, non-sovereign government agencies and entities, and corporations with significant government ownership. EMSH invests in U.S. dollar-denominated debt instruments issued by Sovereign, Sub-Sovereign or Quasi-Sovereign issuers. As of 2026-03-15, the fund's sector allocation is entirely in Cash & Others. The fund's country exposure is entirely to 'Other' countries. This ETF may appeal to investors seeking income from emerging market debt while mitigating interest rate risk through its focus on shorter maturities.

Risk Metrics

EMSH carries certain risks inherent to emerging market debt investments. While the focus on short-term maturities mitigates interest rate risk to some extent, credit risk remains a factor, as emerging market bonds can be subject to higher default rates. The fund's beta of 0.46 indicates lower volatility compared to the broader market. The expense ratio of 0.50% will create a drag on performance, especially relative to lower-cost ETFs. The fund's concentration in 'Cash & Others' and 'Other' countries introduces concentration risk, as the fund's performance is heavily reliant on these specific holdings. Investors should carefully consider their risk tolerance and investment objectives before investing in EMSH, and understand that past performance does not guarantee future results.
  • Beta: 0.46

Expense Ratio

0.50%

How Is the Fund Allocated?

SectorWeight
Cash & Others100.0%
CountryWeight
Other100.0%

Dividend Yield

16.21%

Questions & Answers

What is EMSH and what does it track?

The ProShares Short Term USD Emerging Markets Bond ETF (EMSH) is designed to track the performance of a diversified portfolio of U.S. dollar-denominated emerging market bonds with remaining maturities of five years or less.

These bonds are issued by sovereign governments, non-sovereign government agencies, and corporations with significant government ownership in emerging markets.

What is the expense ratio for EMSH?

The expense ratio for EMSH is 0.50%. This means that for every $10,000 invested, $50 is deducted annually to cover the fund's operating expenses. While not exceptionally high, this is above some of the lowest-cost ETFs available.

The expense ratio as part of their overall investment decision, as it directly impacts the fund's net returns may be worth researching. The category average expense ratio is 0.44%.

What are the top holdings in EMSH?

As of 2026-03-15, EMSH's holdings are primarily allocated to 'Cash & Others'. The fund invests in U.S. dollar-denominated debt instruments issued by Sovereign, Sub-Sovereign or Quasi-Sovereign issuers.

Due to the fund's strategy focusing on short-term USD-denominated Emerging Market bonds, the specific holdings may change frequently as bonds mature and new investments are made. Investors can find the most up-to-date list of holdings on the ProShares website.

Is EMSH a good long-term investment?

Whether EMSH is a suitable long-term investment depends on an investor's individual circumstances, risk tolerance, and investment objectives. EMSH's focus on short-term emerging market debt can provide some stability in a rising interest rate environment.

However, emerging market debt carries inherent risks, including credit risk and currency risk. The fund's expense ratio of 0.50% will also impact long-term returns.

How does EMSH compare to similar ETFs?

EMSH differentiates itself through its exclusive focus on short-term USD-denominated emerging market debt. Other emerging market bond ETFs may have broader mandates, including longer-duration bonds or local currency debt.

EMSH's expense ratio of 0.50% should be compared to similar ETFs to assess its cost-effectiveness.

Does EMSH pay dividends?

Yes, EMSH pays dividends. The current dividend yield for EMSH is 16.21% as of 2026-03-15. It is important to note that dividend yields can fluctuate based on market conditions and the fund's underlying holdings.

Investors seeking income from emerging market debt may find EMSH's dividend yield attractive, but should also consider the risks associated with this asset class.

Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.

Data provided for informational purposes only.

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