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ETFs

First Trust Exchange-Traded Fund III First Trust Emerging Markets Local Currency Bond ETF

FEMB
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Nov 05 2014
Expense Ratio
0.85%
Type
Global Ex. US Bonds
Fund Owner
First Trust
Volume (1m avg. daily)
$2,524,906
AUM
$139,912,553
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

n/a
REPUBLIC OF SOUTH AFRICA N/C 10.50% due 12/21/2026
5.41%
n/a
INDONESIA GOVERNMENT N/C 8.375% due 09/15/2026
4.89%
TFIT16180930
Colombia 7.75 % Bonos 2014-18.9.30
4.53%
n/a
MALAYSIA GOVERNMENT N/C 3.90% due 11/30/2026
4.43%
n/a
THAILAND GOVERNMENT BOND N/C 3.65% due 06/20/2031
4.10%
R2032
South Africa 8.25 % Regd.Notes 2014-31.3.32 R2032 Series 2032
3.77%
FR0071
Indonesia - 9% BD REDEEM 15/03/2029 IDR 1000000
3.76%
n/a
NOTA DO TESOURO NACIONAL N/C 10% due 01/01/2027
3.73%
n/a
MEX BONOS DESARR FIX RT N/C 7.50% due 06/03/2027
3.73%
n/a
NOTA DO TESOURO NACIONAL N/C 10% due 01/01/2031
3.70%
Invest with FEMB

What is FEMB?

The investment objective of the Fund is to seek maximum total return and current income. Under normal market conditions, the Fund seeks to achieve its investment objective by investing at least 80% of its net assets (including investment borrowings) in bonds, notes, bills, certificates of deposit, time deposits, commercial paper and loans issued by issuers in emerging market countries ("Debt Instruments") that are denominated in the local currency of the issuer.

ETFs related toFEMB

ETFs correlated to FEMB include EMLC, EBND, LEMB

FEMB
First Trust Exchange-Traded Fund III - First Trust Emerging Markets Local Currency Bond ETF
EMLC
VanEck ETF Trust - VanEck J.P. Morgan EM Local Currency Bond ETF
EBND
SPDR Series Trust - SPDR Bloomberg Emerging Markets Local Bond ETF
LEMB
BlackRock Institutional Trust Company N.A. - iShares J.P. Morgan EM Local Currency Bond ETF
IGOV
BlackRock Institutional Trust Company N.A. - iShares International Treasury Bond ETF
IBND
SPDR Series Trust - SPDR Bloomberg International Corporate Bond ETF
UDN
Invesco DB US Dollar Index Trust - Invesco DB US Dollar Index Bearish Fund -1x Shares
FRDM
EA Series Trust - Alpha Architect Freedom 100 Emerging Markets ETF
JPIN
J.P.Morgan Investment Management Inc. - JPMorgan Diversified Return International Equity ETF
GHYG
BlackRock Institutional Trust Company N.A. - iShares US & Intl High Yield Corp Bond ETF
DLS
WisdomTree Trust - WisdomTree International SmallCap Dividend Fund

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toFEMB

#SPYMIN

SPY minimum drawdown

Category

Community

Risk Rating

Aggressive

#HFEAR

Hedgefundie's Excellent Adventure Refined

Category

Balance Risk Not Assets, Lever Up, Composer's Picks

Risk Rating

Aggressive

Create your own algorithmic trading strategy with FEMB using Composer

FAQ

FEMB is a Global Ex. US Bonds ETF. The investment objective of the Fund is to seek maximum total return and current income. Under normal market conditions, the Fund seeks to achieve its investment objective by investing at least 80% of its net assets (including investment borrowings) in bonds, notes, bills, certificates of deposit, time deposits, commercial paper and loans issued by issuers in emerging market countries ("Debt Instruments") that are denominated in the local currency of the issuer.

Yes, FEMB is actively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

No, FEMB is not passively managed. It is actively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on FEMB is 0.0008%. This is the percent change in the value of FEMB over the most recent 1-month period. The 3-month return on FEMB is 0.0301%. This is the percent change in the value of FEMB over the most recent 3-month period.

The standard deviation of FEMB for the past year is 0.1246%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to FEMB include SPTI, EMB, and TLT.

ETFs correlated to FEMB include EMLC, EBND, and LEMB.

ETFs that are inversely correlated to FEMB include UUP, USDU, and EFZ.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.