FEMB First Trust Emerging Markets Local Currency Bond ETF

ETF

ETF quote, holdings, sector allocation, technicals, and options analytics. Fibonacci levels

Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.

FEMB — —
Key stats
About

First Trust Emerging Markets Local Currency Bond ETF (FEMB) ETF

No description available.

Exchange
XNAS
Inception
2014-11-04
Has Options
No
Fund profile
holdings as of Oct 20, 2026issuer datathrough Jul 2026flows, SEC filings
Taxable Bond Emerging Markets Bond#8 of 23 by assets First Trust Actively managed
Expense ratio
0.85%
prospectus, filed Feb 27, 2026
Assets
$375M
issuer-reported, Oct 20, 2026
Trailing yield
6.88%
paid monthly
Average daily volume
$3.1M
30 sessions
Holdings
68
top 10 are 38.5%
Listed
Nov 4, 2014
Nasdaq
Net asset value
$28.89
issuer, Oct 20, 2026
30-day SEC yield
7.09%
issuer, Sep 30, 2026
Closure risk, 12 months
0.6%
low · model
FrenzyCap ETF score
40
how it is built
Cost7
Liquidity50
Scale58
Diversification66

Moves with. US large-cap stocks (16% of its variance, beta 0.20); US dollar (14% of its variance, beta -0.35); Gold (9% of its variance, beta 0.06); Long Treasuries (8% of its variance, beta 0.19). These factors explain 54% of its daily moves over the last year.

Stated objective. The First Trust Emerging Markets Local Currency Bond ETF s (the Fund ) investment objective is to seek maximum total return and current income. (from the fund's prospectus)

All 68 holdingsFlow historyOverlap toolAll Emerging Markets Bond ETFs

Fund flows
through Jul 2026SEC filings
Jul 2026
+$8.8M
latest reported month
Latest 3 months
+$8.8M
+2.4% of assets
Latest 12 months
+$142M
+39.2% of assets
Aug 2025: +$7.2MSep 2025: +$32MSepOct 2025: +$2.9MNov 2025: +$16MNovDec 2025: +$18MJan 2026: +$39M+$39MJanFeb 2026: +$35MMar 2026: −$4.1MMarApr 2026: −$13M−$13MMay 2026: $0MayJun 2026: $0Jul 2026: +$8.8MJul
View as a table
Net flows of FEMB by month, Aug 2025 to Jul 2026
MonthNet flow
Jul 2026+$8.8M
Jun 2026$0
May 2026$0
Apr 2026−$13M
Mar 2026−$4.1M
Feb 2026+$35M
Jan 2026+$39M
Dec 2025+$18M
Nov 2025+$16M
Oct 2025+$2.9M
Sep 2025+$32M
Aug 2025+$7.2M

Net creations and redemptions from the fund's SEC filings, which become public about 60 days after each quarter. Every month since 84 months ago

Similar funds
FundOverlapFeeAssets1Y
EMBiShares J.P. Morgan USD Emerging Markets Bond ETF—0.39%$12.8B−4.9%compare
EMLCVanEck J. P. Morgan EM Local Currency Bond ETF—0.30%$5.0B−2.5%compare
EBNDState Street SPDR Bloomberg Emerging Markets Local Bond ETF—0.30%$2.3B−3.0%compare
PCYInvesco Emerging Markets Sovereign Debt ETF—0.50%$1.2B−7.8%compare
XEMDBondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF—0.29%$843M−2.4%compare

The largest other funds in the Emerging Markets Bond category.

Under the hood
fiscal year to Oct 31, 2025SEC census
Authorized participants
5 active
of 23 with agreements; top 3 did 89%
Created · redeemed
$115M · $61M
over the fiscal year
Redemptions in kind
0%
creations 0% in kind
Creation unit
50,000
shares
Securities lending
authorized, none lent
Diversification status
Non-diversified
may concentrate in fewer issuers

From the fund's annual census filing with the SEC. In-kind redemptions are what let an ETF shed appreciated securities without realising gains.

ETF Profile
holdings as of 2026-10-20
Holdings
87
AUM
$375.1M
Provider
First Trust
Inception
2014-11-04
Exchange
XNAS
Data As Of
2026-10-20
Expense Ratio
0.85%
Dividend Yield
6.88%
Distribution
Monthly
Recent distributions
Ex-Date Pay Date Amount Type
2026-10-21 2026-10-30 $0.2000 CD
2026-09-24 2026-09-30 $0.2000 CD
2026-08-21 2026-08-31 $0.1850 CD
2026-07-21 2026-07-31 $0.1650 CD
2026-06-25 2026-06-30 $0.1650 CD
2026-05-21 2026-05-29 $0.1650 CD
Asset Allocation
Top Holdings
top 50 of 87 holdings
Symbol Name Weight % Asset Class Country
— THAILAND GOVERNMENT BOND N/C, 3.39%, due 06/17/2037 5.18% Corporate Bond —
— MEX BONOS DESARR FIX RT N/C, 7.50%, due 05/26/2033 4.46% Corporate Bond —
— INDIA GOVERNMENT BOND N/C, 7.18%, due 07/24/2037 4.41% Corporate Bond —
— MALAYSIA GOVERNMENT N/C, 2.632%, due 04/15/2031 4.09% Corporate Bond —
— INDONESIA GOVERNMENT N/C, 8.375%, due 03/15/2034 3.59% Corporate Bond —
— BONOS DE TESORERIA N/C, 6.90%, due 08/12/2037 3.45% Corporate Bond —
— INDONESIA GOVERNMENT N/C, 9%, due 03/15/2029 3.42% Corporate Bond —
— INDONESIA GOVERNMENT N/C, 8.25%, due 05/15/2036 3.41% Corporate Bond —
— POLAND GOVERNMENT BOND N/C, 6%, due 10/25/2033 3.37% Corporate Bond —
— NOTA DO TESOURO NACIONAL N/C, 10%, due 01/01/2035 3.16% Corporate Bond —
— INDONESIA GOVERNMENT N/C, 7%, due 09/15/2030 2.97% Corporate Bond —
— TITULOS DE TESORERIA N/C, 7%, due 06/30/2032 2.94% Corporate Bond —
— REPUBLIC OF SOUTH AFRICA N/C, 8.875%, due 02/28/2035 2.85% Corporate Bond —
— REPUBLIC OF SOUTH AFRICA N/C, 8.25%, due 03/31/2032 2.66% Corporate Bond —
— INTL BK RECON & DEVELOP N/C, 6.71%, due 01/21/2035 2.59% Corporate Bond —
— US Dollar 2.45% Cash/Money Market —
— MEX BONOS DESARR FIX RT N/C, 8.50%, due 11/18/2038 2.41% Corporate Bond —
— NOTA DO TESOURO NACIONAL N/C, 10%, due 01/01/2029 2.35% Corporate Bond —
— NOTA DO TESOURO NACIONAL N/C, 10%, due 01/01/2031 2.32% Corporate Bond —
— THAILAND GOVERNMENT BOND N/C, 3.35%, due 06/17/2033 2.26% Corporate Bond —
— INTER-AMERICAN DEVEL BK N/C, 7.35%, due 10/06/2030 2.16% Corporate Bond —
— POLAND GOVERNMENT BOND N/C, 5.25%, due 04/25/2036 2.16% Corporate Bond —
— BONOS TESORERIA PESOS N/C, 4.70%, due 09/01/2030 2.02% Corporate Bond —
— NOTA DO TESOURO NACIONAL N/C, 10%, due 01/01/2033 2.02% Corporate Bond —
— REPUBLIC OF SOUTH AFRICA N/C, 8.75%, due 01/31/2044 2.02% Corporate Bond —
— HUNGARY GOVERNMENT BOND N/C, 7%, due 10/24/2035 1.95% Corporate Bond —
— MALAYSIA GOVERNMENT N/C, 4.642%, due 11/07/2033 1.80% Corporate Bond —
— MALAYSIA GOVERNMENT N/C, 4.498%, due 04/15/2030 1.68% Corporate Bond —
— ROMANIA GOVERNMENT BOND N/C, 6.70%, due 02/25/2032 1.67% Corporate Bond —
— INDIA GOVERNMENT BOND N/C, 6.10%, due 07/12/2031 1.54% Corporate Bond —
— ROMANIA GOVERNMENT BOND N/C, 8.75%, due 10/30/2028 1.45% Corporate Bond —
— CZECH REPUBLIC N/C, 5%, due 09/30/2030 1.29% Corporate Bond —
— REPUBLIC OF PHILIPPINES N/C, 6.25%, due 01/14/2036 1.27% Corporate Bond —
— MALAYSIA GOVERNMENT N/C, 3.885%, due 08/15/2029 1.06% Corporate Bond —
— NOTA DO TESOURO NACIONAL N/C, 10%, due 01/01/2037 1.03% Corporate Bond —
— CZECH REPUBLIC N/C, 3.50%, due 05/30/2035 0.89% Corporate Bond —
— MEX BONOS DESARR FIX RT N/C, 7.75%, due 05/29/2031 0.89% Corporate Bond —
— POLAND GOVERNMENT BOND N/C, 1.75%, due 04/25/2032 0.83% Corporate Bond —
— TURKIYE GOVERNMENT BOND N/C, 26.20%, due 10/05/2033 0.83% Corporate Bond —
— TITULOS DE TESORERIA N/C, 9.25%, due 05/28/2042 0.80% Corporate Bond —
— TITULOS DE TESORERIA N/C, 7.25%, due 10/18/2034 0.79% Corporate Bond —
— HUNGARY GOVERNMENT BOND N/C, 6.75%, due 10/22/2028 0.60% Corporate Bond —
— EUROPEAN BK RECON & DEV N/C, 6.30%, due 10/26/2027 0.51% Corporate Bond —
— TURKIYE GOVERNMENT BOND N/C, 31.08%, due 11/08/2028 0.46% Corporate Bond —
— INTER-AMERICAN DEVEL BK N/C, 7%, due 08/08/2033 0.44% Corporate Bond —
— CZECH REPUBLIC N/C, 1.50%, due 04/24/2040 0.43% Corporate Bond —
— REPUBLIC OF SOUTH AFRICA N/C, 10.50%, due 12/21/2027 0.43% Corporate Bond —
— REPUBLIC OF SOUTH AFRICA N/C, 10.50%, due 12/21/2026 0.42% Corporate Bond —
— ROMANIA GOVERNMENT BOND N/C, 4.75%, due 10/11/2034 0.42% Corporate Bond —
— AFRICAN DEVELOPMENT BANK N/C, 0%, due 04/05/2046 0.32% Corporate Bond —
Non-Equity Breakdown
First Trust Emerging Markets Local Currency Bond ETF · NPORT-P period 2026-07-31 (filed 2026-09-24)
Net assets: $362M · 88 total positions · equity 0.00% · non-equity 93.09%
Non-equity holdings — 88 positions, 93.09% of NAV
Category Weight Value Positions
Non-US Sovereign 92.83% $335.9M 57
Derivative (FX) 0.26% $934104 31
Chart
Seasonality
'21'22'23'24'25'26Avg
Jan-2.72%0.97%6.17%-1.10%1.45%1.94%1.12%
Feb-4.26%-2.64%-5.98%-1.84%0.91%1.02%-2.13%
Mar-4.37%0.50%4.31%-0.95%0.41%-5.93%-1.01%
Apr0.91%-7.40%-0.29%-3.14%3.01%1.50%-0.90%
May2.26%2.57%-0.61%0.88%1.12%0.24%1.08%
Jun-2.49%-5.52%3.35%-1.42%2.78%-0.51%-0.63%
Jul-1.35%-1.24%2.23%2.34%-2.24%0.31%0.01%
Aug0.20%-1.36%-2.86%2.66%2.32%0.20%0.19%
Sep-5.32%-5.24%-3.81%3.46%1.65%-3.26%-2.09%
Oct-2.47%-2.29%-0.19%-5.36%-0.37%1.06%*-1.60%
Nov-3.13%6.57%4.43%-0.48%0.65%--1.61%
Dec0.91%0.04%2.79%-3.71%0.76%--0.16%
Total-20.04%-14.75%9.14%-8.69%13.06%-3.64%-4.15%
Technical Indicators

Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.

Trend Indicators
  • SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
  • EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
  • MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
  • ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
  • +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
Momentum Oscillators
  • RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
  • Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
  • Williams %R — inverted scale: <−80 oversold, >−20 overbought.

Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.

Volume & Volatility
  • Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
  • OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
  • Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
  • ATR / True Range — average daily $ move; sizing and stop-loss reference.
  • HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.

Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →

Trend Indicators

SMA 20: $28.68
SMA 50: $29.17
SMA 200: $29.53
Current: $28.59
EMA 12: $28.77
EMA 26: $28.86
MACD: -0.0904 | Signal: 0.0244
BEARISH
ADX (14): 29.07
TREND
+DI: 16.70
−DI: 26.56

Momentum Oscillators

RSI (14): 41.00
NEUTRAL
Stoch %K: 54.38
Stoch %D: 66.50
Williams %R: -71.23

Volume & Volatility

BB Upper: $29.09
BB Lower: $28.27
NEUTRAL
OBV: -4,711,270
Vol SMA 20: 117,918
Vol ROC: -91.85%
ATR: $0.27
True Range: $0.16
HV 20: 8.7%
HV 30: 9.9%
HV 60: 8.6%

Data Summary

Data Points: 500
Last Updated:
Date Range: 2024-10-23T00:00:00 – 2026-10-21T00:00:00
AI Analysis

Click Frenzy-Pro™ for an AI analysis of this ticker.

Analysis includes technical indicators, news sentiment, risk assessment, and specific price levels to watch.

News
All FEMB news →

FEMB Options Activity & IV Rank

Loading options activity...
Spread Scanner GPU
Full Algorithm Docs ↗

Each spread is ranked by a composite score built in three stages. Full documentation →

Stage 1 — Base Score (GPU scanner)

score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.

Stage 2 — Skew Adjustment (±25% cap)

RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.

Stage 3 — Technical Overlay (±50% cap, 5 groups)
Group 1 · Directional Bias (±0.25)
  • RSI <40 bullish / >60 bearish
  • MACD crossover + histogram trend
  • Price vs SMA 50 & SMA 200
Group 2 · Momentum (±0.10)
  • Stochastic %K <20 / >80
  • Williams %R <−80 / >−20
Group 3 · Volatility (up to −0.25 / +0.15)
  • Blended ATR + straddle expected-move penalty
  • Bollinger Band signal (+ counter-trend penalty)
  • BB width — vol contraction boost for ICs
Group 4 · IV Regime (±0.15)
  • IV rank ≥ 75 → strong boost for credit spreads
  • IV rank < 25 → penalty (selling cheap vol)
Group 5 · Liquidity (penalty up to −0.10)
  • Min open interest across all legs
  • OI < 100 → −0.10 · OI < 500 → −0.05

score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →

Enter a ticker to scan for optimal spread opportunities.

Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.

Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Metric:
Wing vs ATM
IV(put wing) − IV(ATM), in vol points

How much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.

  • Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
  • Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
  • Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
  • Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
Risk Reversal
IV(call wing) − IV(put wing), equal delta on each side

Which side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.

  • Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
  • Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
  • Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
  • Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Reading them together

Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:

  • High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
  • Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
  • Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
14 DTE / 10d —
— pts EXTREME
ATM — / Wing —
30 DTE / 10d —
— pts EXTREME
ATM — / Wing —

Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.

Volatility Surface

Enter a ticker to render the implied volatility surface.

Volatility Smile

Enter a ticker to render the implied volatility smile.

IV Rank (7 DTE)
IV Rank (30 DTE)
Straddle Price (30 DTE)
Beta Analysis

Risk Metrics

Beta: 0.3692
Alpha: -7.43%
Correlation: 0.5341
R-Squared: 28.5%
Stock Volatility: 8.8%
Market Volatility: 12.7%

Analysis Details

Benchmark: SPY
Data Points: 251
Period: 252 trading days
Interpretation:
Low volatility - stock moves less than market
Beta & Alpha Over Time

FEMB Institutional Ownership (13F)

Latest filings — 2026-09-30

Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.

  • Shares — long equity positions in this name, aggregated across share classes.
  • Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
  • % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
  • Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.

Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.

100 filers7,622,838 shares$222.35M value
# Filer Shares Value % of Total % of Float Period
1 Morgan Stanley Custodian 1,774,864 $51.86M 23.32% — 2026-06-30
2 LPL Financial LLC Custodian 1,161,531 $33.94M 15.26% — 2026-06-30
3 Royal Bank of Canada Custodian 400,691 $11.71M 5.27% — 2026-06-30
4 Wells Fargo & Company Custodian 395,313 $11.55M 5.19% — 2026-06-30
5 Marshall Financial Group, LLC 378,657 $11.06M 4.98% — 2026-06-30
6 OSAIC HOLDINGS, INC. Custodian 339,820 $9.93M 4.47% — 2026-06-30
7 First Trust Advisors LP 334,078 $9.76M 4.39% — 2026-06-30
8 Seascape Capital Management 251,947 $7.36M 3.31% — 2026-06-30
9 Envestnet Asset Management, Inc. 240,435 $7.03M 3.16% — 2026-06-30
10 Concurrent Investment Advisors, LLC 227,452 $6.48M 2.91% — 2026-09-30
11 &PARTNERS 153,243 $4.48M 2.01% — 2026-06-30
12 Raymond James Financial, Inc. Custodian 125,289 $3.66M 1.65% — 2026-06-30
13 Cetera Investment Advisers Custodian 110,701 $3.23M 1.45% — 2026-06-30
14 Euro Pacific Asset Management, LLC 109,170 $3.22M 1.45% — 2026-09-30
15 Janney Montgomery Scott LLC 86,262 $2.52M 1.13% — 2026-06-30
16 Endowment Wealth Management, Inc. 81,169 $2.37M 1.07% — 2026-06-30
17 NewEdge Advisors, LLC 75,398 $2.20M 0.99% — 2026-06-30
18 EWG Elevate Inc. 66,694 $1.96M 0.88% — 2025-09-30
19 SIGNATURE ESTATE & INVESTMENT ADVISORS LLC 62,235 $1.77M 0.80% — 2026-09-30
20 Walkner Condon Financial Advisors LLC 60,441 $1.77M 0.79% — 2026-06-30
21 TD Waterhouse Canada Inc. 61,513 $1.73M 0.78% — 2026-09-30
22 Jane Street Group, LLC Custodian 55,535 $1.62M 0.73% — 2026-06-30
23 Sanctuary Advisors, LLC 55,446 $1.62M 0.73% — 2026-06-30
24 Avior Wealth Management, LLC 47,942 $1.37M 0.61% — 2026-09-30
25 Cambridge Investment Research Advisors, Inc. 45,572 $1.33M 0.60% — 2026-06-30
# Filer Notional Value % of Total Period
# Filer Notional Value % of Total Period
Constituent Performance

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Constituents
Symbol Name Weight % Price 1 Day 1 Week 1 Month