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

Correlation

The correlation between FEMB and FNILX is 0.38, 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: 0.4

Performance

FEMB vs. FNILX - 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 Fidelity ZERO Large Cap Index Fund (FNILX). The values are adjusted to include any dividend payments, if applicable.

0.00%20.00%40.00%60.00%80.00%100.00%120.00%140.00%NovemberDecember2025FebruaryMarchApril
9.01%
112.28%
FEMB
FNILX

Key characteristics

Sharpe Ratio

FEMB:

0.70

FNILX:

0.54

Sortino Ratio

FEMB:

1.09

FNILX:

0.88

Omega Ratio

FEMB:

1.13

FNILX:

1.13

Calmar Ratio

FEMB:

0.44

FNILX:

0.56

Martin Ratio

FEMB:

1.40

FNILX:

2.29

Ulcer Index

FEMB:

4.88%

FNILX:

4.66%

Daily Std Dev

FEMB:

9.83%

FNILX:

19.67%

Max Drawdown

FEMB:

-30.44%

FNILX:

-33.75%

Current Drawdown

FEMB:

-8.03%

FNILX:

-10.09%

Returns By Period

In the year-to-date period, FEMB achieves a 8.36% return, which is significantly higher than FNILX's -5.83% return.


FEMB

YTD

8.36%

1M

2.97%

6M

3.38%

1Y

7.88%

5Y*

2.91%

10Y*

0.53%

FNILX

YTD

-5.83%

1M

-3.19%

6M

-4.10%

1Y

11.16%

5Y*

15.99%

10Y*

N/A

*Annualized

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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.


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

Risk-Adjusted Performance

FEMB vs. FNILX — 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 6161
Overall Rank
The Sharpe Ratio Rank of FEMB is 6969
Sharpe Ratio Rank
The Sortino Ratio Rank of FEMB is 7070
Sortino Ratio Rank
The Omega Ratio Rank of FEMB is 6262
Omega Ratio Rank
The Calmar Ratio Rank of FEMB is 5757
Calmar Ratio Rank
The Martin Ratio Rank of FEMB is 4949
Martin Ratio Rank

FNILX
The Risk-Adjusted Performance Rank of FNILX is 6161
Overall Rank
The Sharpe Ratio Rank of FNILX is 5858
Sharpe Ratio Rank
The Sortino Ratio Rank of FNILX is 5959
Sortino Ratio Rank
The Omega Ratio Rank of FNILX is 6161
Omega Ratio Rank
The Calmar Ratio Rank of FNILX is 6868
Calmar Ratio Rank
The Martin Ratio Rank of FNILX is 6262
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. 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.


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
FNILX: 0.54
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
FNILX: 0.88
The chart of Omega ratio for FEMB, currently valued at 1.13, compared to the broader market0.501.001.502.00
FEMB: 1.13
FNILX: 1.13
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
FNILX: 0.56
The chart of Martin ratio for FEMB, currently valued at 1.40, compared to the broader market0.0020.0040.0060.00
FEMB: 1.40
FNILX: 2.29

The current FEMB Sharpe Ratio is 0.70, which is comparable to the FNILX Sharpe Ratio of 0.54. The chart below compares the historical Sharpe Ratios of FEMB and FNILX, 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-1.000.001.002.003.004.00NovemberDecember2025FebruaryMarchApril
0.70
0.54
FEMB
FNILX

Dividends

FEMB vs. FNILX - Dividend Comparison

FEMB's dividend yield for the trailing twelve months is around 5.84%, more than FNILX's 1.16% 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%
FNILX
Fidelity ZERO Large Cap Index Fund
1.16%1.09%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.


-20.00%-15.00%-10.00%-5.00%0.00%NovemberDecember2025FebruaryMarchApril
-8.03%
-10.09%
FEMB
FNILX

Volatility

FEMB vs. FNILX - Volatility Comparison

The current volatility for First Trust Emerging Markets Local Currency Bond ETF (FEMB) is 5.10%, while Fidelity ZERO Large Cap Index Fund (FNILX) has a volatility of 14.30%. 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.


2.00%4.00%6.00%8.00%10.00%12.00%14.00%NovemberDecember2025FebruaryMarchApril
5.10%
14.30%
FEMB
FNILX