FEMB vs. FNILX
Compare and contrast key facts about First Trust Emerging Markets Local Currency Bond ETF (FEMB) and Fidelity ZERO Large Cap Index Fund (FNILX).
FEMB is an actively managed fund by First Trust. It was launched on Nov 4, 2014. FNILX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FEMB or FNILX.
Key characteristics
| FEMB | FNILX | |
|---|---|---|
| YTD Return | -2.43% | 25.93% |
| 1Y Return | 2.58% | 37.87% |
| 3Y Return (Ann) | -0.07% | 9.38% |
| 5Y Return (Ann) | -1.34% | 15.85% |
| Sharpe Ratio | 0.28 | 3.07 |
| Sortino Ratio | 0.49 | 4.07 |
| Omega Ratio | 1.05 | 1.57 |
| Calmar Ratio | 0.18 | 4.45 |
| Martin Ratio | 0.83 | 20.29 |
| Ulcer Index | 3.28% | 1.89% |
| Daily Std Dev | 9.70% | 12.53% |
| Max Drawdown | -30.44% | -33.75% |
| Current Drawdown | -12.26% | 0.00% |
Correlation
The correlation between FEMB and FNILX is 0.39, 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.
Performance
FEMB vs. FNILX - Performance Comparison
In the year-to-date period, FEMB achieves a -2.43% return, which is significantly lower than FNILX's 25.93% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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FEMB vs. FNILX - Expense Ratio Comparison
FEMB has a 0.85% expense ratio, which is higher than FNILX's 0.00% expense ratio.
Risk-Adjusted Performance
FEMB vs. FNILX - 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 Fidelity ZERO Large Cap Index Fund (FNILX). 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.
Dividends
FEMB vs. FNILX - Dividend Comparison
FEMB's dividend yield for the trailing twelve months is around 5.80%, more than FNILX's 1.07% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
FEMB First Trust Emerging Markets Local Currency Bond ETF | 5.80% | 5.15% | 6.36% | 6.12% | 5.29% | 5.40% | 5.86% | 6.38% | 5.83% | 4.89% | 0.62% |
FNILX Fidelity ZERO Large Cap Index Fund | 1.07% | 1.34% | 1.53% | 0.95% | 1.20% | 1.17% | 0.41% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
FEMB vs. FNILX - Drawdown Comparison
The maximum FEMB drawdown since its inception was -30.44%, smaller than the maximum FNILX drawdown of -33.75%. Use the drawdown chart below to compare losses from any high point for FEMB and FNILX. For additional features, visit the drawdowns tool.
Volatility
FEMB vs. FNILX - Volatility Comparison
The current volatility for First Trust Emerging Markets Local Currency Bond ETF (FEMB) is 2.11%, while Fidelity ZERO Large Cap Index Fund (FNILX) has a volatility of 3.96%. This indicates that FEMB experiences smaller price fluctuations and is considered to be less risky than FNILX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.