FEMB vs. NFTY
FEMB (First Trust Emerging Markets Local Currency Bond ETF) and NFTY (First Trust India NIFTY 50 Equal Weight ETF) are both exchange-traded funds - FEMB is a Emerging Markets Bonds fund actively managed by First Trust, while NFTY is a Asia Pacific Equities fund tracking the NIFTY 50 Equal Weight Index. FEMB is actively managed, while NFTY is passively managed. Over the past 10 years, FEMB returned 2.51%/yr vs 8.13%/yr for NFTY. At a 0.28 correlation, their price movements are largely independent. FEMB charges 0.85%/yr vs 0.80%/yr for NFTY.
Performance
FEMB vs. NFTY - Performance Comparison
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Returns By Period
In the year-to-date period, FEMB achieves a 0.60% return, which is significantly higher than NFTY's -9.70% return. Over the past 10 years, FEMB has underperformed NFTY with an annualized return of 2.51%, while NFTY has yielded a comparatively higher 8.13% annualized return.
FEMB
- 1D
- -0.81%
- 1M
- 0.57%
- YTD
- 0.60%
- 6M
- 0.88%
- 1Y
- 10.20%
- 3Y*
- 7.79%
- 5Y*
- 1.63%
- 10Y*
- 2.51%
NFTY
- 1D
- -1.34%
- 1M
- -1.64%
- YTD
- -9.70%
- 6M
- -7.99%
- 1Y
- -8.48%
- 3Y*
- 5.72%
- 5Y*
- 4.62%
- 10Y*
- 8.13%
FEMB vs. NFTY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FEMB First Trust Emerging Markets Local Currency Bond ETF | 0.60% | 21.77% | -5.61% | 17.12% | -10.50% | -13.40% | 3.16% | 11.52% | -7.19% | 11.92% |
NFTY First Trust India NIFTY 50 Equal Weight ETF | -9.70% | 5.47% | 5.18% | 24.00% | -3.46% | 26.83% | 10.04% | 0.58% | -1.51% | 21.78% |
Correlation
The correlation between FEMB and NFTY is 0.35, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.35 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.29 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.35 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.31 |
Correlation (All Time) Calculated using the full available price history since Nov 6, 2014 | 0.28 |
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Return for Risk
FEMB vs. NFTY — Risk / Return Rank
FEMB
NFTY
FEMB vs. NFTY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Emerging Markets Local Currency Bond ETF (FEMB) and First Trust India NIFTY 50 Equal Weight ETF (NFTY). 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.
| FEMB | NFTY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.80 | ||
| Sortino ratioReturn per unit of downside risk | +2.56 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 0.91 | +0.31 |
| Calmar ratioReturn relative to maximum drawdown | 1.35 | -0.53 | +1.88 |
| Martin ratioReturn relative to average drawdown | 4.34 | -1.39 | +5.73 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| FEMB | NFTY | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.22 | -0.58 | +1.80 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.16 | 0.27 | -0.11 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.23 | 0.39 | -0.16 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.09 | 0.28 | -0.19 |
Drawdowns
FEMB vs. NFTY - Drawdown Comparison
The maximum FEMB drawdown since its inception was -30.44%, smaller than the maximum NFTY drawdown of -47.67%. Use the drawdown chart below to compare losses from any high point for FEMB and NFTY.
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Drawdown Indicators
| FEMB | NFTY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -30.44% | -47.67% | +17.23% |
Max Drawdown (1Y)Largest decline over 1 year | -7.58% | -16.14% | +8.56% |
Max Drawdown (3Y)Largest decline over 3 years | -10.13% | -21.55% | +11.42% |
Max Drawdown (5Y)Largest decline over 5 years | -27.85% | -21.55% | -6.30% |
Max Drawdown (10Y)Largest decline over 10 years | -30.44% | -47.67% | +17.23% |
Current DrawdownCurrent decline from peak | -3.91% | -17.45% | +13.54% |
Average DrawdownAverage peak-to-trough decline | -9.93% | -9.58% | -0.35% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.35% | 6.12% | -3.77% |
Volatility
FEMB vs. NFTY - Volatility Comparison
The current volatility for First Trust Emerging Markets Local Currency Bond ETF (FEMB) is 3.05%, while First Trust India NIFTY 50 Equal Weight ETF (NFTY) has a volatility of 4.58%. This indicates that FEMB experiences smaller price fluctuations and is considered to be less risky than NFTY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FEMB | NFTY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.05% | 4.58% | -1.53% |
Volatility (6M)Calculated over the trailing 6-month period | 6.57% | 12.57% | -6.00% |
Volatility (1Y)Calculated over the trailing 1-year period | 8.36% | 14.72% | -6.36% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 10.26% | 17.39% | -7.13% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.99% | 20.72% | -9.73% |
FEMB vs. NFTY - Expense Ratio Comparison
FEMB has a 0.85% expense ratio, which is higher than NFTY's 0.80% expense ratio.
Dividends
FEMB vs. NFTY - Dividend Comparison
FEMB's dividend yield for the trailing twelve months is around 6.06%, more than NFTY's 1.96% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FEMB First Trust Emerging Markets Local Currency Bond ETF | 6.06% | 5.67% | 6.09% | 5.15% | 6.35% | 6.12% | 5.29% | 5.40% | 5.86% | 6.38% | 5.83% | 4.89% |
NFTY First Trust India NIFTY 50 Equal Weight ETF | 1.96% | 1.24% | 1.61% | 0.13% | 5.89% | 1.53% | 0.61% | 0.97% | 0.00% | 4.10% | 3.28% | 4.39% |
Frequently Asked Questions
FEMB and NFTY have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NFTY has higher volatility (4.58%) compared to FEMB (3.05%). In terms of maximum drawdown, FEMB dropped -30.44% vs NFTY's -47.67%.
On 10-year performance, NFTY leads with 8.13% vs 2.51% for FEMB. On fees, NFTY is cheaper at 0.80% per year. On volatility, FEMB has been the lower-risk option at 3.05%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 10-year period, NFTY has performed better with a 8.13% return vs 2.51%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
NFTY is cheaper with a 0.80% expense ratio, compared with 0.85% for FEMB.
FEMB has the higher dividend yield at 6.06%, compared with 1.96% for NFTY.
FEMB is categorized as Emerging Markets Bonds, while NFTY is Asia Pacific Equities. Their fees differ too: 0.85% for FEMB and 0.80% for NFTY.
FEMB currently has the higher Sharpe Ratio (1.22 vs -0.58), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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