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VRIG vs. FEMB
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

VRIG vs. FEMB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco Variable Rate Investment Grade ETF (VRIG) and First Trust Emerging Markets Local Currency Bond ETF (FEMB). The values are adjusted to include any dividend payments, if applicable.

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VRIG vs. FEMB - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
VRIG
Invesco Variable Rate Investment Grade ETF
0.90%5.05%6.81%7.37%0.99%1.06%1.76%4.57%0.51%3.20%
FEMB
First Trust Emerging Markets Local Currency Bond ETF
-2.12%21.77%-5.61%17.12%-10.50%-13.40%3.16%11.52%-7.19%11.92%

Returns By Period

In the year-to-date period, VRIG achieves a 0.90% return, which is significantly higher than FEMB's -2.12% return.


VRIG

1D
0.06%
1M
0.07%
YTD
0.90%
6M
2.12%
1Y
4.82%
3Y*
6.25%
5Y*
4.29%
10Y*

FEMB

1D
1.15%
1M
-6.18%
YTD
-2.12%
6M
0.86%
1Y
13.41%
3Y*
7.19%
5Y*
2.14%
10Y*
1.94%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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VRIG vs. FEMB - Expense Ratio Comparison

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


Return for Risk

VRIG vs. FEMB — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

VRIG
VRIG Risk / Return Rank: 9999
Overall Rank
VRIG Sharpe Ratio Rank: 9999
Sharpe Ratio Rank
VRIG Sortino Ratio Rank: 9999
Sortino Ratio Rank
VRIG Omega Ratio Rank: 9999
Omega Ratio Rank
VRIG Calmar Ratio Rank: 9898
Calmar Ratio Rank
VRIG Martin Ratio Rank: 9999
Martin Ratio Rank

FEMB
FEMB Risk / Return Rank: 7777
Overall Rank
FEMB Sharpe Ratio Rank: 8181
Sharpe Ratio Rank
FEMB Sortino Ratio Rank: 8181
Sortino Ratio Rank
FEMB Omega Ratio Rank: 7777
Omega Ratio Rank
FEMB Calmar Ratio Rank: 7272
Calmar Ratio Rank
FEMB Martin Ratio Rank: 7474
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

VRIG vs. FEMB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco Variable Rate Investment Grade ETF (VRIG) and First Trust Emerging Markets Local Currency Bond ETF (FEMB). 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.


VRIGFEMBDifference

Sharpe ratio

Return per unit of total volatility

5.20

1.51

+3.69

Sortino ratio

Return per unit of downside risk

6.80

2.07

+4.73

Omega ratio

Gain probability vs. loss probability

3.21

1.29

+1.92

Calmar ratio

Return relative to maximum drawdown

6.26

1.83

+4.43

Martin ratio

Return relative to average drawdown

52.80

7.66

+45.15

VRIG vs. FEMB - Sharpe Ratio Comparison

The current VRIG Sharpe Ratio is 5.20, which is higher than the FEMB Sharpe Ratio of 1.51. The chart below compares the historical Sharpe Ratios of VRIG and FEMB, 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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Sharpe Ratios by Period


VRIGFEMBDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

5.20

1.51

+3.69

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

3.34

0.21

+3.13

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.17

Sharpe Ratio (All Time)

Calculated using the full available price history

0.89

0.07

+0.83

Correlation

The correlation between VRIG and FEMB is 0.05, 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.


Dividends

VRIG vs. FEMB - Dividend Comparison

VRIG's dividend yield for the trailing twelve months is around 4.89%, less than FEMB's 6.00% yield.


TTM20252024202320222021202020192018201720162015
VRIG
Invesco Variable Rate Investment Grade ETF
4.89%4.99%6.09%5.97%2.39%0.78%1.57%3.12%2.89%2.31%0.60%0.00%
FEMB
First Trust Emerging Markets Local Currency Bond ETF
6.00%5.67%6.09%5.15%6.35%6.12%5.29%5.40%5.86%6.38%5.83%4.89%

Drawdowns

VRIG vs. FEMB - Drawdown Comparison

The maximum VRIG drawdown since its inception was -13.04%, smaller than the maximum FEMB drawdown of -30.44%. Use the drawdown chart below to compare losses from any high point for VRIG and FEMB.


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Drawdown Indicators


VRIGFEMBDifference

Max Drawdown

Largest peak-to-trough decline

-13.04%

-30.44%

+17.40%

Max Drawdown (1Y)

Largest decline over 1 year

-0.78%

-7.58%

+6.80%

Max Drawdown (5Y)

Largest decline over 5 years

-2.28%

-27.85%

+25.57%

Max Drawdown (10Y)

Largest decline over 10 years

-30.44%

Current Drawdown

Current decline from peak

-0.02%

-6.52%

+6.50%

Average Drawdown

Average peak-to-trough decline

-0.27%

-10.03%

+9.76%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.09%

1.81%

-1.72%

Volatility

VRIG vs. FEMB - Volatility Comparison

The current volatility for Invesco Variable Rate Investment Grade ETF (VRIG) is 0.18%, while First Trust Emerging Markets Local Currency Bond ETF (FEMB) has a volatility of 3.81%. This indicates that VRIG experiences smaller price fluctuations and is considered to be less risky than FEMB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


VRIGFEMBDifference

Volatility (1M)

Calculated over the trailing 1-month period

0.18%

3.81%

-3.63%

Volatility (6M)

Calculated over the trailing 6-month period

0.37%

5.46%

-5.09%

Volatility (1Y)

Calculated over the trailing 1-year period

0.93%

8.94%

-8.01%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

1.29%

10.21%

-8.92%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

3.83%

11.22%

-7.39%