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

Correlation

The correlation between FEMB and VRIG is 0.12, 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. VRIG - 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 Invesco Variable Rate Investment Grade ETF (VRIG). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

FEMB:

0.54

VRIG:

5.22

Sortino Ratio

FEMB:

0.87

VRIG:

7.29

Omega Ratio

FEMB:

1.10

VRIG:

2.97

Calmar Ratio

FEMB:

0.34

VRIG:

7.00

Martin Ratio

FEMB:

1.08

VRIG:

57.88

Ulcer Index

FEMB:

4.90%

VRIG:

0.09%

Daily Std Dev

FEMB:

9.75%

VRIG:

1.03%

Max Drawdown

FEMB:

-30.44%

VRIG:

-13.04%

Current Drawdown

FEMB:

-6.63%

VRIG:

0.00%

Returns By Period

In the year-to-date period, FEMB achieves a 10.01% return, which is significantly higher than VRIG's 1.63% return.


FEMB

YTD

10.01%

1M

3.49%

6M

6.50%

1Y

5.22%

3Y*

5.93%

5Y*

1.62%

10Y*

0.71%

VRIG

YTD

1.63%

1M

0.74%

6M

2.37%

1Y

5.35%

3Y*

5.85%

5Y*

4.56%

10Y*

N/A

*Annualized

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FEMB vs. VRIG - Expense Ratio Comparison

FEMB has a 0.85% expense ratio, which is higher than VRIG's 0.30% expense ratio.


Risk-Adjusted Performance

FEMB vs. VRIG — 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 4646
Overall Rank
The Sharpe Ratio Rank of FEMB is 5353
Sharpe Ratio Rank
The Sortino Ratio Rank of FEMB is 5353
Sortino Ratio Rank
The Omega Ratio Rank of FEMB is 4343
Omega Ratio Rank
The Calmar Ratio Rank of FEMB is 4242
Calmar Ratio Rank
The Martin Ratio Rank of FEMB is 3737
Martin Ratio Rank

VRIG
The Risk-Adjusted Performance Rank of VRIG is 9999
Overall Rank
The Sharpe Ratio Rank of VRIG is 9999
Sharpe Ratio Rank
The Sortino Ratio Rank of VRIG is 9999
Sortino Ratio Rank
The Omega Ratio Rank of VRIG is 9999
Omega Ratio Rank
The Calmar Ratio Rank of VRIG is 9898
Calmar Ratio Rank
The Martin Ratio Rank of VRIG is 9999
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. VRIG - 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 Invesco Variable Rate Investment Grade ETF (VRIG). 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 current FEMB Sharpe Ratio is 0.54, which is lower than the VRIG Sharpe Ratio of 5.22. The chart below compares the historical Sharpe Ratios of FEMB and VRIG, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

FEMB vs. VRIG - Dividend Comparison

FEMB's dividend yield for the trailing twelve months is around 5.75%, more than VRIG's 5.59% yield.


TTM20242023202220212020201920182017201620152014
FEMB
First Trust Emerging Markets Local Currency Bond ETF
5.75%6.09%5.15%6.35%6.12%5.29%5.40%5.86%6.38%5.83%4.89%0.62%
VRIG
Invesco Variable Rate Investment Grade ETF
5.59%6.09%5.97%2.39%0.78%1.57%3.12%2.89%2.31%0.60%0.00%0.00%

Drawdowns

FEMB vs. VRIG - Drawdown Comparison

The maximum FEMB drawdown since its inception was -30.44%, which is greater than VRIG's maximum drawdown of -13.04%. Use the drawdown chart below to compare losses from any high point for FEMB and VRIG. For additional features, visit the drawdowns tool.


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Volatility

FEMB vs. VRIG - Volatility Comparison

First Trust Emerging Markets Local Currency Bond ETF (FEMB) has a higher volatility of 2.24% compared to Invesco Variable Rate Investment Grade ETF (VRIG) at 0.14%. This indicates that FEMB's price experiences larger fluctuations and is considered to be riskier than VRIG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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