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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 5, 2014
Expense Ratio
0.85%
Type
Global Ex. US Bonds
Fund Owner
First Trust
Volume (1m avg. daily)
$1,684,351
AUM
$133,811,555
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

—
MEX BONOS DESARR FIX RT N/C 7.50% due 06/03/2027
5.6%
—
MALAYSIA GOVERNMENT N/C 3.885% due 08/15/2029
5.37%
—
REPUBLIC OF SOUTH AFRICA N/C 10.50% due 12/21/2026
4.77%
—
INDONESIA GOVERNMENT N/C 8.375% due 09/15/2026
4.63%
—
NOTA DO TESOURO NACIONAL N/C 10% due 01/01/2031
4.5%
FR0071
Indonesia - 9% BD REDEEM 15/03/2029 IDR 1000000
4.42%
—
ROMANIA GOVERNMENT BOND N/C 6.70% due 02/25/2032
4.28%
TFIT16300632
Colombia - 7% BD REDEEM 30/06/2032 COP 100000
4.25%
R2032
South Africa 8.25 % Regd.Notes 2014-31.3.32 R2032 Series 2032
3.64%
—
INDONESIA GOVERNMENT N/C 7% due 09/15/2030
3.3%
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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.

1M
3M
6M
YTD
1Y
3Y
Max
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FEMB
Performance Measures**

for the time period Nov 5, 2014 to Dec 4, 2025

Returns

1M Trailing Return: 2.6%

The percent change in the value over the most recent 1-month period.

3M Trailing Return: 4.4%

The percent change in the value over the most recent 3-month period.

Measures of Risk or Volatility

Max Drawdown: -30.4%

The greatest percent loss from peak to trough in value over the time period.

Standard Deviation: 11.3%

The typical amount that daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

Measures of Risk-Adjusted Performance

Sharpe Ratio: 0.14

The annualized arithmetic mean of the daily returns divided by the annualized standard deviation of the daily returns for the selected time period.

Calmar Ratio: 0.03

The annualized return divided by the max drawdown for the selected time period.

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
IBDY
iShares Trust - iShares iBonds Dec 2033 Term Corporate ETF
BWX
SPDR Series Trust - SPDR Bloomberg International Treasury Bond ETF
IGOV
BlackRock Institutional Trust Company N.A. - iShares International Treasury Bond ETF
PYLD
Pimco Exchange Traded Fund - PIMCO Multisector Bond Active Exchange-Traded Fund
RPAR
Tidal ETF Trust - RPAR Risk Parity ETF
DIAL
Columbia ETF Trust I - Columbia Diversified Fixed Income Allocation ETF
BINC
BlackRock ETF Trust II - BlackRock Flexible Income ETF

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.

Trading Strategies
Related toFEMB

The Enigma of the Financial Universe 3.3 (K-1 free)

Category

Tactical allocation, risk-on/risk-off, leveraged ETFs, semiconductors, tech momentum, volatility hedge, mean reversion, bond signals

OOS Cumulative Return

76.22%

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 -0.0261%. This is the percent change in the value of FEMB over the most recent 1-month period. The 3-month return on FEMB is -0.0318%. 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 0.1126%. 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 SHY, BIL, and TLT.

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

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

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.