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BWZ vs. FEMB
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between BWZ and FEMB is 0.43, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


-0.50.00.51.0
Correlation: 0.4

Performance

BWZ vs. FEMB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SPDR Bloomberg Barclays Short Term International Treasury Bond ETF (BWZ) and First Trust Emerging Markets Local Currency Bond ETF (FEMB). The values are adjusted to include any dividend payments, if applicable.

-20.00%-15.00%-10.00%-5.00%0.00%NovemberDecember2025FebruaryMarchApril
-13.11%
-5.80%
BWZ
FEMB

Key characteristics

Sharpe Ratio

BWZ:

0.53

FEMB:

-0.12

Sortino Ratio

BWZ:

0.86

FEMB:

-0.11

Omega Ratio

BWZ:

1.10

FEMB:

0.99

Calmar Ratio

BWZ:

0.13

FEMB:

-0.07

Martin Ratio

BWZ:

0.98

FEMB:

-0.24

Ulcer Index

BWZ:

4.04%

FEMB:

4.87%

Daily Std Dev

BWZ:

7.45%

FEMB:

9.44%

Max Drawdown

BWZ:

-34.23%

FEMB:

-30.44%

Current Drawdown

BWZ:

-25.05%

FEMB:

-12.33%

Returns By Period

In the year-to-date period, BWZ achieves a 6.03% return, which is significantly higher than FEMB's 3.29% return. Over the past 10 years, BWZ has underperformed FEMB with an annualized return of -0.53%, while FEMB has yielded a comparatively higher 0.38% annualized return.


BWZ

YTD

6.03%

1M

2.02%

6M

0.63%

1Y

3.77%

5Y*

-0.63%

10Y*

-0.53%

FEMB

YTD

3.29%

1M

-2.28%

6M

-4.16%

1Y

-1.36%

5Y*

2.51%

10Y*

0.38%

*Annualized

Compare stocks, funds, or ETFs

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BWZ vs. FEMB - Expense Ratio Comparison

BWZ has a 0.35% expense ratio, which is lower than FEMB's 0.85% expense ratio.


FEMB
First Trust Emerging Markets Local Currency Bond ETF
Expense ratio chart for FEMB: current value is 0.85%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
FEMB: 0.85%
Expense ratio chart for BWZ: current value is 0.35%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
BWZ: 0.35%

Risk-Adjusted Performance

BWZ vs. FEMB — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BWZ
The Risk-Adjusted Performance Rank of BWZ is 5959
Overall Rank
The Sharpe Ratio Rank of BWZ is 6868
Sharpe Ratio Rank
The Sortino Ratio Rank of BWZ is 6868
Sortino Ratio Rank
The Omega Ratio Rank of BWZ is 6565
Omega Ratio Rank
The Calmar Ratio Rank of BWZ is 4444
Calmar Ratio Rank
The Martin Ratio Rank of BWZ is 5252
Martin Ratio Rank

FEMB
The Risk-Adjusted Performance Rank of FEMB is 2828
Overall Rank
The Sharpe Ratio Rank of FEMB is 2828
Sharpe Ratio Rank
The Sortino Ratio Rank of FEMB is 2525
Sortino Ratio Rank
The Omega Ratio Rank of FEMB is 2525
Omega Ratio Rank
The Calmar Ratio Rank of FEMB is 3030
Calmar Ratio Rank
The Martin Ratio Rank of FEMB is 3131
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

BWZ vs. FEMB - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR Bloomberg Barclays Short Term International Treasury Bond ETF (BWZ) and First Trust Emerging Markets Local Currency Bond ETF (FEMB). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


Sharpe ratio
The chart of Sharpe ratio for BWZ, currently valued at 0.53, compared to the broader market-1.000.001.002.003.004.005.00
BWZ: 0.53
FEMB: -0.12
The chart of Sortino ratio for BWZ, currently valued at 0.86, compared to the broader market-2.000.002.004.006.008.0010.00
BWZ: 0.86
FEMB: -0.11
The chart of Omega ratio for BWZ, currently valued at 1.10, compared to the broader market0.501.001.502.002.50
BWZ: 1.10
FEMB: 0.99
The chart of Calmar ratio for BWZ, currently valued at 0.20, compared to the broader market0.005.0010.0015.00
BWZ: 0.20
FEMB: -0.07
The chart of Martin ratio for BWZ, currently valued at 0.98, compared to the broader market0.0020.0040.0060.0080.00
BWZ: 0.98
FEMB: -0.24

The current BWZ Sharpe Ratio is 0.53, which is higher than the FEMB Sharpe Ratio of -0.12. The chart below compares the historical Sharpe Ratios of BWZ and FEMB, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-0.500.000.501.00NovemberDecember2025FebruaryMarchApril
0.53
-0.12
BWZ
FEMB

Dividends

BWZ vs. FEMB - Dividend Comparison

BWZ's dividend yield for the trailing twelve months is around 2.35%, less than FEMB's 6.05% yield.


TTM20242023202220212020201920182017201620152014
BWZ
SPDR Bloomberg Barclays Short Term International Treasury Bond ETF
2.35%2.47%1.63%0.44%0.60%0.13%0.43%1.10%0.40%0.13%0.06%0.19%
FEMB
First Trust Emerging Markets Local Currency Bond ETF
6.05%6.09%5.15%6.35%6.12%5.29%5.40%5.86%6.38%5.83%4.89%0.62%

Drawdowns

BWZ vs. FEMB - Drawdown Comparison

The maximum BWZ drawdown since its inception was -34.23%, which is greater than FEMB's maximum drawdown of -30.44%. Use the drawdown chart below to compare losses from any high point for BWZ and FEMB. For additional features, visit the drawdowns tool.


-20.00%-18.00%-16.00%-14.00%-12.00%-10.00%-8.00%NovemberDecember2025FebruaryMarchApril
-14.41%
-12.33%
BWZ
FEMB

Volatility

BWZ vs. FEMB - Volatility Comparison

The current volatility for SPDR Bloomberg Barclays Short Term International Treasury Bond ETF (BWZ) is 2.47%, while First Trust Emerging Markets Local Currency Bond ETF (FEMB) has a volatility of 3.55%. This indicates that BWZ experiences smaller price fluctuations and is considered to be less risky than FEMB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


1.50%2.00%2.50%3.00%3.50%NovemberDecember2025FebruaryMarchApril
2.47%
3.55%
BWZ
FEMB
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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