sotnkFEMB First Trust Exchange-Traded Fund III First Trust Emerging Markets Local Currency Bond ETF
- Last close
- 28.40
- 504-day return
- +18.48%
- Median $/day
- $1.4M
- Significant pairs
- 1734
FEMB vs EMLC
Both indexed to 100 at 2026-05-11.
Moves with FEMB
Same-day co-movement.
| Symbol | $/day | Lag | ρ | Holdout ρ | Stability | q | Tier |
|---|---|---|---|---|---|---|---|
| EMLC VanEck J. P. Morgan EM Local Currency Bond ETF | $48.5M | 0d | +0.79 | +0.87 | 100% | <1e-15 | robust |
| EBND State Street SPDR Bloomberg Emerging Markets Local Bond ETF | $5.2M | 0d | +0.77 | +0.86 | 100% | <1e-15 | robust |
| LEMB iShares J.P. Morgan EM Local Currency Bond ETF | $2.9M | 0d | +0.75 | +0.85 | 100% | <1e-15 | robust |
| PICB Invesco International Corporate Bond ETF | $1.3M | 0d | +0.65 | +0.72 | 100% | <1e-15 | robust |
| ISHG iShares Trust iShares 1-3 Year International Treasury Bond ETF | $3.2M | 0d | +0.64 | +0.72 | 100% | <1e-15 | robust |
| BWX State Street SPDR Bloomberg International Treasury Bond ETF | $8.4M | 0d | +0.63 | +0.77 | 100% | <1e-15 | robust |
| IGOV iShares Trust iShares International Treasury Bond ETF | $7.1M | 0d | +0.63 | +0.73 | 100% | <1e-15 | robust |
| IBND State Street SPDR Bloomberg International Corporate Bond ETF | $2.1M | 0d | +0.63 | +0.71 | 100% | <1e-15 | robust |
| JPEM JPMorgan Diversified Return Emerging Markets Equity ETF | $797k | 0d | +0.62 | +0.75 | 100% | <1e-15 | robust |
| WIP State Street SPDR FTSE International Government Inflation-Protected Bond ETF | $1.5M | 0d | +0.61 | +0.77 | 100% | <1e-15 | robust |
| EZA iShares MSCI South Africa ETF | $8.6M | 0d | +0.60 | +0.74 | 100% | <1e-15 | robust |
| IYLD iShares Morningstar Multi-Asset Income ETF | $313k | 0d | +0.60 | +0.73 | 100% | <1e-15 | robust |
| EELV Invesco S&P Emerging Markets Low Volatility ETF | $1.0M | 0d | +0.60 | +0.73 | 100% | <1e-15 | robust |
| IHY VanEck International High Yield Bond ETF | $154k | 0d | +0.59 | +0.72 | 100% | <1e-15 | robust |
| FXE Invesco CurrencyShares Euro Currency Trust | $10.0M | 0d | +0.59 | +0.61 | 100% | <1e-15 | robust |
Moves against FEMB
| Symbol | $/day | Lag | ρ | Holdout ρ | Stability | q | Tier |
|---|---|---|---|---|---|---|---|
| USDU WisdomTree Bloomberg U.S. Dollar Bullish Fund | $5.1M | 0d | -0.64 | -0.69 | 100% | <1e-15 | robust |
| UUP Invesco DB US Dollar Index Bullish Fund | $34.1M | 0d | -0.61 | -0.64 | 100% | <1e-15 | robust |
| YQQQ Tidal Trust II YieldMax Short N100 Option Income Strategy ETF | $353k | 0d | -0.32 | -0.47 | 88% | 8e-13 | robust |
| HDGE AdvisorShares Active Bear ETF | $1.1M | 0d | -0.33 | -0.52 | 75% | 2e-13 | robust |
| VXX iPath Series B S&P 500 VIX Short-Term Futures ETN | $222.2M | 0d | -0.31 | -0.52 | 62% | 5e-12 | moderate |