See what your fund actually adds
First Trust Emerging Markets Local Currency Bond ETF FEMB
Historical return decomposition and an investable replication portfolio, using data through 2026-10-09.
Fund and replication metrics
| Measure | FEMB | Replication |
|---|---|---|
| Annualized growth | 3.4% | 2.5% |
| Annualized volatility | 9.4% | 8.4% |
| Sharpe ratio | 0.40 | 0.33 |
| Maximum drawdown | 20.3% | 20.5% |
| Replication fit (R²) | 0.92 · Tracking error 2.7% | |
Replication portfolio
The published portfolio below is the investable basket used to model FEMB’s historical return behavior.
| Ticker | Building block | Weight |
|---|---|---|
| EMLC | FI · EM Local Currency | 90.3% |
| DGS | EM Small Cap | 4.0% |
| VNQI | Alternatives · Intl Real Estate | 2.9% |
| VWO | Emerging Markets | 2.8% |