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

Correlation

The correlation between FEMB and EMB is 0.30, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


-0.50.00.51.0
Correlation: 0.3

Performance

FEMB vs. EMB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust Emerging Markets Local Currency Bond ETF (FEMB) and iShares J.P. Morgan USD Emerging Markets Bond ETF (EMB). The values are adjusted to include any dividend payments, if applicable.

-10.00%0.00%10.00%20.00%30.00%NovemberDecember2025FebruaryMarchApril
-1.18%
30.66%
FEMB
EMB

Key characteristics

Sharpe Ratio

FEMB:

0.70

EMB:

1.07

Sortino Ratio

FEMB:

1.09

EMB:

1.56

Omega Ratio

FEMB:

1.13

EMB:

1.20

Calmar Ratio

FEMB:

0.44

EMB:

0.63

Martin Ratio

FEMB:

1.40

EMB:

5.32

Ulcer Index

FEMB:

4.88%

EMB:

1.57%

Daily Std Dev

FEMB:

9.83%

EMB:

7.78%

Max Drawdown

FEMB:

-30.44%

EMB:

-34.70%

Current Drawdown

FEMB:

-8.03%

EMB:

-4.88%

Returns By Period

In the year-to-date period, FEMB achieves a 8.36% return, which is significantly higher than EMB's 2.88% return. Over the past 10 years, FEMB has underperformed EMB with an annualized return of 0.53%, while EMB has yielded a comparatively higher 2.55% annualized return.


FEMB

YTD

8.36%

1M

3.53%

6M

3.38%

1Y

7.48%

5Y*

2.76%

10Y*

0.53%

EMB

YTD

2.88%

1M

0.43%

6M

2.05%

1Y

8.99%

5Y*

2.95%

10Y*

2.55%

*Annualized

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FEMB vs. EMB - Expense Ratio Comparison

FEMB has a 0.85% expense ratio, which is higher than EMB's 0.39% expense ratio.


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 EMB: current value is 0.39%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
EMB: 0.39%

Risk-Adjusted Performance

FEMB vs. EMB — Risk-Adjusted Performance Rank

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

FEMB
The Risk-Adjusted Performance Rank of FEMB is 6363
Overall Rank
The Sharpe Ratio Rank of FEMB is 7070
Sharpe Ratio Rank
The Sortino Ratio Rank of FEMB is 7171
Sortino Ratio Rank
The Omega Ratio Rank of FEMB is 6464
Omega Ratio Rank
The Calmar Ratio Rank of FEMB is 5959
Calmar Ratio Rank
The Martin Ratio Rank of FEMB is 5151
Martin Ratio Rank

EMB
The Risk-Adjusted Performance Rank of EMB is 8080
Overall Rank
The Sharpe Ratio Rank of EMB is 8282
Sharpe Ratio Rank
The Sortino Ratio Rank of EMB is 8282
Sortino Ratio Rank
The Omega Ratio Rank of EMB is 8080
Omega Ratio Rank
The Calmar Ratio Rank of EMB is 7171
Calmar Ratio Rank
The Martin Ratio Rank of EMB is 8585
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.

FEMB vs. EMB - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust Emerging Markets Local Currency Bond ETF (FEMB) and iShares J.P. Morgan USD Emerging Markets Bond ETF (EMB). 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.


The chart of Sharpe ratio for FEMB, currently valued at 0.70, compared to the broader market-1.000.001.002.003.004.00
FEMB: 0.70
EMB: 1.07
The chart of Sortino ratio for FEMB, currently valued at 1.09, compared to the broader market-2.000.002.004.006.008.00
FEMB: 1.09
EMB: 1.56
The chart of Omega ratio for FEMB, currently valued at 1.13, compared to the broader market0.501.001.502.00
FEMB: 1.13
EMB: 1.20
The chart of Calmar ratio for FEMB, currently valued at 0.44, compared to the broader market0.002.004.006.008.0010.0012.00
FEMB: 0.44
EMB: 0.63
The chart of Martin ratio for FEMB, currently valued at 1.40, compared to the broader market0.0020.0040.0060.00
FEMB: 1.40
EMB: 5.32

The current FEMB Sharpe Ratio is 0.70, which is lower than the EMB Sharpe Ratio of 1.07. The chart below compares the historical Sharpe Ratios of FEMB and EMB, 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-1.00-0.500.000.501.001.502.002.50NovemberDecember2025FebruaryMarchApril
0.70
1.07
FEMB
EMB

Dividends

FEMB vs. EMB - Dividend Comparison

FEMB's dividend yield for the trailing twelve months is around 5.84%, more than EMB's 5.50% yield.


TTM20242023202220212020201920182017201620152014
FEMB
First Trust Emerging Markets Local Currency Bond ETF
5.84%6.09%5.15%6.35%6.12%5.29%5.40%5.86%6.38%5.83%4.89%0.62%
EMB
iShares J.P. Morgan USD Emerging Markets Bond ETF
5.50%5.46%4.74%5.04%3.89%3.88%4.51%5.64%4.54%4.83%4.84%4.56%

Drawdowns

FEMB vs. EMB - Drawdown Comparison

The maximum FEMB drawdown since its inception was -30.44%, smaller than the maximum EMB drawdown of -34.70%. Use the drawdown chart below to compare losses from any high point for FEMB and EMB. For additional features, visit the drawdowns tool.


-16.00%-14.00%-12.00%-10.00%-8.00%-6.00%-4.00%NovemberDecember2025FebruaryMarchApril
-8.03%
-4.88%
FEMB
EMB

Volatility

FEMB vs. EMB - Volatility Comparison

First Trust Emerging Markets Local Currency Bond ETF (FEMB) has a higher volatility of 5.10% compared to iShares J.P. Morgan USD Emerging Markets Bond ETF (EMB) at 4.75%. This indicates that FEMB's price experiences larger fluctuations and is considered to be riskier than EMB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


1.00%2.00%3.00%4.00%5.00%NovemberDecember2025FebruaryMarchApril
5.10%
4.75%
FEMB
EMB