First Trust Emerging Markets Local Currency Bond ETF

10-Year Study

FEMB.US · · US · ETF

Executive Summary: First Trust Emerging Markets Local Currency Bond ETF has compounded at 2.7% annually over the last 10 years, with a maximum drawdown of 28.8% and an annualized volatility of 13.5%.

1Y CAGR
+13.2%
3Y CAGR
+8.8%
5Y CAGR
+2.2%
10Y CAGR
+2.7%

History & Riski10-year historical performance analysis including CAGR, Max Drawdown, Sharpe & Sortino ratios, annual returns, and rolling volatility — all computed from daily market data.

10-Year Growth of $10,000

Max DrawdownMax DrawdownThe largest peak-to-trough decline in the asset's value over the measurement period.Click for full definition →
28.8%
Sharpe RatioSharpe RatioRisk-adjusted return: how much excess return you earn per unit of total risk (volatility).Click for full definition →
-0.14
Sortino RatioSortino RatioLike Sharpe, but only penalizes downside volatility — a more accurate risk measure for asymmetric return distributions.Click for full definition →
-0.19
Ann. VolatilityAnnualized VolatilityThe annualized standard deviation of an asset's returns — a measure of how much prices fluctuate.Click for full definition →
11.5%
Best YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2025 · +22.4%
Worst YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2021 · -13.4%
% Positive Years% Positive YearsThe percentage of calendar years in the measurement period where the asset delivered a positive return.Click for full definition →
60%

Annual Returns

Rolling 12-Month Returns

Rolling 12-Month Annualised Volatility

Historical Drawdowns

Monthly Returns

Monthly Returns Heatmap

YearJanFebMarAprMayJunJulAugSepOctNovDecAnn.
20262.61.7-6.74.2————————1.5%
20252.90.81.43.81.73.4-1.53.21.40.51.71.322.4%
2024-1.2-0.6-0.2-3.22.0-0.81.92.83.3-5.1-0.5-3.6-5.6%
20236.0-4.35.50.8-0.64.72.6-3.3-3.7-0.96.43.517.1%
20221.0-1.9-1.0-6.61.8-5.4-1.1-0.3-5.4-0.17.71.1-10.5%
2021-2.0-3.9-2.81.72.6-1.6-1.00.5-4.6-1.3-2.91.2-13.4%
2020-1.2-3.7-13.83.97.1-0.33.5-0.6-2.40.96.84.63.2%
20194.40.2-0.7-0.2-0.34.11.4-3.01.21.3-1.03.811.5%
20184.4-1.6-0.0-2.5-5.6-3.32.8-4.30.6-1.22.80.9-7.2%
20172.02.62.00.72.0-1.34.6-0.0-0.5-3.30.02.711.9%
2016———1.3-4.95.7-0.71.80.7-1.0-5.21.2-1.6%

Risk X-RayiA 19-factor macroeconomic risk decomposition showing exactly which market forces (equity beta, rates, inflation, credit, commodity, crypto) drive this asset's volatility. Powered by multivariate regression against daily factor returns.

Risk Profile Insight: This asset has an estimated annualized volatility of 13.5%. The dominant macroeconomic risk driver is SHV.US, accounting for 29.7% of variance. Idiosyncratic stock-specific factors contribute 7.3%.

10-Year Historical Price Series (Growth of $10,000)
DateSimulated Value
2016-03-0110000
2016-04-0110126.858374909118
2016-05-019633.339183192518
2016-06-0110178.128212199463
2016-07-0110102.372535746817
2016-08-0110283.467462247516
2016-09-0110358.721722198545
2016-10-0110254.30173573679
2016-11-019722.424181646484
2016-12-019843.474482078538
2017-01-0110038.27479295677
2017-02-0110301.643810431133
2017-03-0110512.489449361112
2017-04-0110587.827278729073
2017-05-0110799.926458913094
2017-06-0110660.741595005891
2017-07-0111154.260786722489
2017-08-0111150.541947668831
2017-09-0111091.12409222721
2017-10-0110727.053927344747
2017-11-0110730.898120523812
2017-12-0111016.705526445543
2018-01-0111500.86494346529
2018-02-0111316.636163829486
2018-03-0111314.296220155271
2018-04-0111031.748021494051
2018-05-0110417.888869389359
2018-06-0110076.800294164348
2018-07-0110356.38177852433
2018-08-019910.07930737667
2018-09-019971.628182950168
2018-10-019850.66145193505
2018-11-0110130.242936295033
2018-12-0110224.759946849848
2019-01-0110673.569500505595
2019-02-0110689.740182682743
2019-03-0110612.313117891377
2019-04-0110594.51283208397
2019-05-0110564.594980820819
2019-06-0111000.367705434517
2019-07-0111158.648181111641
2019-08-0110827.002950000417
2019-09-0110953.025630740174
2019-10-0111095.302563074016
2019-11-0110983.653822047283
2019-12-0111402.587309148345
2020-01-0111270.33870684684
2020-02-0110856.962585972036
2020-03-019358.312232055556
2020-04-019725.390895947718
2020-05-0110414.12824562723
2020-06-0110386.759261580632
2020-07-0110747.946281578794
2020-08-0110684.976725917384
2020-09-0110431.13462197374
2020-10-0110529.454040999155
2020-11-0111249.989553822883
2020-12-0111762.771496143272
2021-01-0111524.055456665079
2021-02-0111079.675082106953
2021-03-0110768.253649894285
2021-04-0110956.36840741762
2021-05-0111240.880487376839
2021-06-0111061.833011591078
2021-07-0110948.136819849407
2021-08-0111006.301134036987
2021-09-0110497.572308438004
2021-10-0110363.526963672373
2021-11-0110067.231595925155
2021-12-0110186.109091516868
2022-01-0110290.069446185473
2022-02-0110094.015594053199
2022-03-019994.191925522933
2022-04-019334.871010604958
2022-05-019505.227267029359
2022-06-018989.353256282331
2022-07-018886.35394990849
2022-08-018862.662020207084
2022-09-018384.644955332145
2022-10-018378.4190337704
2022-11-019021.360342968886
2022-12-019116.504124150724
2023-01-019660.37388957137
2023-02-019246.997768696567
2023-03-019754.2223447907
2023-04-019830.10337536875
2023-05-019775.365407275553
2023-06-0110235.665755760021
2023-07-0110505.302479504599
2023-08-0110163.587133652567
2023-09-019783.053793633682
2023-10-019698.189050734993
2023-11-0110317.814492608284
2023-12-0110677.455478393125
2024-01-0110547.630389182774
2024-02-0110485.83080535847
2024-03-0110467.90516542566
2024-04-0110130.577213962779
2024-05-0110328.42780855918
2024-06-0110243.019864450405
2024-07-0110440.118334294379
2024-08-0110728.432822724195
2024-09-0111079.758651523887
2024-10-0110510.441998646174
2024-11-0110457.918620101787
2024-12-0110078.764175462347
2025-01-0110367.371156851437
2025-02-0110449.561678408169
2025-03-0110591.504333074266
2025-04-0110992.177902574773
2025-05-0111175.779911583555
2025-06-0111551.591579545548
2025-07-0111379.7310736163
2025-08-0111746.851522216928
2025-09-0111909.226899323923
2025-10-0111962.87846499695
2025-11-0112170.088834290202
2025-12-0112332.338857271792
2026-01-0112653.036494764376
2026-02-0112865.511737324607
2026-03-0112007.67167247474
2026-04-0112517.445115785426
Annual Return Matrix
YearAnnual Return
20170.11918871192311609
2018-0.07188588073763347
20190.11519364448858016
20200.03158793502119894
2021-0.1340383433566955
2022-0.10500623523234454
20230.17122257972847876
2024-0.05607059698280081
20250.22359633012308922
20260.01500982584536148
Total Factor Risk
0.13470193850777362
VTI.US Exposure
-0.11006416082102773
VEA.US Exposure
-0.02286765695752195
VWO.US Exposure
0.18038142902346185
QQQ.US Exposure
0.09442349519910655
VTV.US Exposure
0.11593501558990475
IJR.US Exposure
-0.01027246203791119
QUAL.US Exposure
-0.03061480511627668
SHV.US Exposure
0.2974715190678552
TLT.US Exposure
0.09570510990901346
LQD.US Exposure
-0.0766319877549113
HYG.US Exposure
0.12007680847522685
GLD.US Exposure
0.01741117270193339
USO.US Exposure
0.00028818773919921407
VNQ.US Exposure
-0.013654726414898309
BTC-USD.CC Exposure
0.003842863669325624
CPER.US Exposure
-0.0058002471720440246
VIX.INDX Exposure
0.01442332678612749
UUP.US Exposure
0.2614821318189623
TIP.US Exposure
-0.004908541072488549
Idiosyncratic Exposure
0.07337352736696313
Value Score
50
Growth Score
50
Profit Score
37.5
Health Score
23.6
Yield Score
0
Moat Score
40

Factor Risk Decomposition

Share of annualised volatility attributable to each macro factor.

Total Est. Vol
13.5%

FundamentalsiCompany financial health metrics: P/E valuation, dividend yield, Piotroski F-Score (9-point profitability signal), Altman Z-Score (bankruptcy risk proxy), and a radar chart across 6 fundamental dimensions. Note: ETFs may show N/A for some metrics.

Fundamental Dimensions

Core Valuation

P/E Ratio (TTM)P/E RatioPrice-to-Earnings ratio — the market price of a stock divided by its earnings per share, a key valuation measure.Click for full definition →N/A
Dividend YieldDividend YieldAnnual dividend paid per share divided by the current share price — expressed as a percentage income return.Click for full definition →0.00%
Market Cap$0
Piotroski F-ScorePiotroski F-ScoreA 9-point scoring system evaluating a company's financial strength across profitability, leverage, and operating efficiency.Click for full definition →
9-point profitability signal
0.0/ 9
Weak
Altman Z-ScoreAltman Z-ScoreA bankruptcy prediction model that combines 5 financial ratios into a single score indicating financial distress risk.Click for full definition →
Bankruptcy risk proxy
1.18
Distress Zone
Income Simulation

Based on $10,000 initial investment.

Total Income Generated
$125
Avg Yield on Cost
1.25%
Annual Income Simulation Table
Historical Realised Yields
YearAnnual PayoutYield on CostQuality
2026$125.351.25%Solid

Momentum & MacroiPrice momentum indicators relative to key technical levels: distance from 50-Day SMA (intermediate trend), 200-Day SMA (long-term trend), 52-Week High (bullish proximity), and Beta (market sensitivity coefficient).

vs 50-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
+0.5%
Above/below 50-day moving average
vs 200-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
+3.4%
Above/below 200-day moving average
vs 52-Week High52-Week HighThe highest price an asset reached in the past 52 weeks — a key reference for momentum and valuation context.Click for full definition →
3.1% from high
Distance from 52-week high
BetaBetaA measure of an asset's sensitivity to broad market movements relative to a benchmark (e.g. S&P 500).Click for full definition →
1.17
Market sensitivity coefficient

Frequently Asked Questions & Methodology

Is First Trust Emerging Markets Local Currency Bond ETF a high-risk investment?

First Trust Emerging Markets Local Currency Bond ETF (FEMB.US) has an annualized volatility of 13.5% and experienced a maximum drawdown of 28.8% over the last 10 years. Its primary macro risk driver is SHV.US.

What is the 10-year return of FEMB.US?

Over the past 10 years, FEMB.US has generated a Compound Annual Growth Rate (CAGR) of 2.7%. It has had a positive return in 60% of the years measured.

Data Methodology & Trust

The risk and return information on this page is pre-calculated mathematically using daily market data spanning a 10-year period. Fundamentals (such as P/E Ratio, Market Cap, and Dividend Yield) represent trailing averages and may not immediately reflect real-time live market fluctuations. Advanced scoring models like the Piotroski F-Score and Altman Z-Score are proxies applied to publicly available trailing-twelve-month financial statements and may not account for recent off-balance-sheet events, qualitative company shifts, or sector-specific capital structures. Macroeconomic factor exposures are estimated via multivariate regression against standard market indices. This data is provided for quantitative insight and backtesting research, and should not be misconstrued as tailored financial advice.

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