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

Correlation

The correlation between FEMB and FLRT is 0.13, 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.


-0.50.00.51.00.1

Performance

FEMB vs. FLRT - 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 Pacific Global Senior Loan ETF (FLRT). The values are adjusted to include any dividend payments, if applicable.

-2.00%0.00%2.00%4.00%6.00%8.00%JulyAugustSeptemberOctoberNovemberDecember
-1.26%
4.05%
FEMB
FLRT

Key characteristics

Sharpe Ratio

FEMB:

-0.49

FLRT:

6.94

Sortino Ratio

FEMB:

-0.64

FLRT:

11.41

Omega Ratio

FEMB:

0.93

FLRT:

3.35

Calmar Ratio

FEMB:

-0.29

FLRT:

17.95

Martin Ratio

FEMB:

-1.07

FLRT:

88.73

Ulcer Index

FEMB:

4.13%

FLRT:

0.11%

Daily Std Dev

FEMB:

9.08%

FLRT:

1.35%

Max Drawdown

FEMB:

-30.44%

FLRT:

-20.96%

Current Drawdown

FEMB:

-14.32%

FLRT:

0.00%

Returns By Period

In the year-to-date period, FEMB achieves a -4.72% return, which is significantly lower than FLRT's 9.05% return.


FEMB

YTD

-4.72%

1M

-2.01%

6M

-1.25%

1Y

-4.50%

5Y*

-2.03%

10Y*

-0.54%

FLRT

YTD

9.05%

1M

0.63%

6M

4.11%

1Y

9.26%

5Y*

5.24%

10Y*

N/A

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


FEMB vs. FLRT - Expense Ratio Comparison

FEMB has a 0.85% expense ratio, which is higher than FLRT's 0.69% expense ratio.


FEMB
First Trust Emerging Markets Local Currency Bond ETF
Expense ratio chart for FEMB: current value at 0.85% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.85%
Expense ratio chart for FLRT: current value at 0.69% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.69%

Risk-Adjusted Performance

FEMB vs. FLRT - 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 Pacific Global Senior Loan ETF (FLRT). 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 FEMB, currently valued at -0.49, compared to the broader market0.002.004.00-0.496.94
The chart of Sortino ratio for FEMB, currently valued at -0.64, compared to the broader market-2.000.002.004.006.008.0010.00-0.6411.41
The chart of Omega ratio for FEMB, currently valued at 0.93, compared to the broader market0.501.001.502.002.503.000.933.35
The chart of Calmar ratio for FEMB, currently valued at -0.29, compared to the broader market0.005.0010.0015.00-0.2917.95
The chart of Martin ratio for FEMB, currently valued at -1.07, compared to the broader market0.0020.0040.0060.0080.00100.00-1.0788.73
FEMB
FLRT

The current FEMB Sharpe Ratio is -0.49, which is lower than the FLRT Sharpe Ratio of 6.94. The chart below compares the historical Sharpe Ratios of FEMB and FLRT, 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 Ratio0.002.004.006.008.00JulyAugustSeptemberOctoberNovemberDecember
-0.49
6.94
FEMB
FLRT

Dividends

FEMB vs. FLRT - Dividend Comparison

FEMB's dividend yield for the trailing twelve months is around 6.06%, less than FLRT's 8.10% yield.


TTM2023202220212020201920182017201620152014
FEMB
First Trust Emerging Markets Local Currency Bond ETF
6.06%5.15%6.36%6.12%5.29%5.40%5.86%6.38%5.83%4.89%0.62%
FLRT
Pacific Global Senior Loan ETF
8.10%8.42%5.81%3.16%3.51%4.31%3.95%3.20%3.38%3.21%0.00%

Drawdowns

FEMB vs. FLRT - Drawdown Comparison

The maximum FEMB drawdown since its inception was -30.44%, which is greater than FLRT's maximum drawdown of -20.96%. Use the drawdown chart below to compare losses from any high point for FEMB and FLRT. For additional features, visit the drawdowns tool.


-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-14.32%
0
FEMB
FLRT

Volatility

FEMB vs. FLRT - Volatility Comparison

First Trust Emerging Markets Local Currency Bond ETF (FEMB) has a higher volatility of 2.21% compared to Pacific Global Senior Loan ETF (FLRT) at 0.29%. This indicates that FEMB's price experiences larger fluctuations and is considered to be riskier than FLRT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%0.50%1.00%1.50%2.00%2.50%3.00%3.50%JulyAugustSeptemberOctoberNovemberDecember
2.21%
0.29%
FEMB
FLRT
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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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