AFLG vs EMD

Comparison between FIRST TRUST ACTIVE FACTOR LARGE CAP ETF (AFLG, ETF) and Western Asset Emerging Markets Debt Fund Inc (EMD, ETF).

5-Year PerformanceAFLG has outperformed EMD, delivering a return of +12.7% compared to +5.1%

AFLG vs EMD - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	AFLG(ETF)	EMD(ETF)
Net Assets	$648M	$649M
Expense Ratio	0.55%	N/A
Max Drawdown	35.84%	66.58%
Sharpe Ratio	1.45	1.23
5Y Beta	0.90	0.42
P/E Ratio	23.08	N/A
Forward P/E	18.18	N/A
PEG Ratio	0.20	N/A
5Y Dividends CAGR	3.13%	1.80%
5Y EPS CAGR	25.51%	N/A
Debt to Equity	32.51%	N/A
P/S Ratio	2.20	N/A
P/B Ratio	4.44	N/A

Net Assets

AFLG

$648M

Winner

EMD

$649M

Expense Ratio

AFLG

0.55%

EMD

N/A

Max Drawdown

Winner

AFLG

35.84%

EMD

66.58%

Sharpe Ratio

Winner

AFLG

1.45

EMD

1.23

5Y Beta

AFLG

0.90

Winner

EMD

0.42

P/E Ratio

AFLG

23.08

EMD

N/A

Forward P/E

AFLG

18.18

EMD

N/A

PEG Ratio

AFLG

0.20

EMD

N/A

5Y Dividends CAGR

Winner

AFLG

3.13%

EMD

1.80%

5Y EPS CAGR

AFLG

25.51%

EMD

N/A

Debt to Equity

AFLG

32.51%

EMD

N/A

P/S Ratio

AFLG

2.20

EMD

N/A

P/B Ratio

AFLG

4.44

EMD

N/A

AFLG vs EMD - Historical Returns

Returns include dividend reinvestment.

Period	AFLG	EMD
1 month	+0.16%	+2.18%
3 months	+9.34%	+3.18%
6 months	+11.59%	+2.67%
1 year	+23.34%	+19.93%
5 years(CAGR)	+12.74%	+5.07%
10 years(CAGR)	N/A	+6.23%
Max(CAGR)	+13.73%	+6.61%

AFLG

+0.16%

Winner

EMD

+2.18%

Winner

AFLG

+9.34%

EMD

+3.18%

Winner

AFLG

+11.59%

EMD

+2.67%

Winner

AFLG

+23.34%

EMD

+19.93%

5Y(CAGR)

Winner

AFLG

+12.74%

EMD

+5.07%

10Y(CAGR)

AFLG

N/A

EMD

+6.23%

Max(CAGR)

Winner

AFLG

+13.73%

EMD

+6.61%

AFLG vs EMD - Annual Returns (2003 - 2026)

Returns include dividend reinvestment.

Year	AFLG	EMD
2026	+9.70%	+2.53%
2025	+14.34%	+21.86%
2024	+27.88%	+16.94%
2023	+20.66%	+11.96%
2022	-16.03%	-20.86%
2021	+28.90%	+0.40%
2020	+9.97%	+7.41%
2019	+2.77%	+25.16%
2018	N/A	-14.95%
2017	N/A	+14.27%
2016	N/A	+17.52%
2015	N/A	-4.89%
2014	N/A	-1.33%
2013	N/A	-16.02%
2012	N/A	+22.51%
2011	N/A	+10.49%
2010	N/A	+12.77%
2009	N/A	+51.98%
2008	N/A	-21.64%
2007	N/A	+7.90%
2006	N/A	+11.12%
2005	N/A	+6.97%
2004	N/A	+6.28%
2003	N/A	+0.90%

AFLG vs EMD Drawdown Comparison

The maximum drawdown for AFLG was -35.84%, occurring on Mar 23, 2020. Recovery took 138 trading sessions.

The maximum drawdown for EMD was -48.11%, occurring on Nov 20, 2008. Recovery took 297 trading sessions.

The current AFLG drawdown is -2.35%. The current EMD drawdown is -3.22%.

Rank	AFLG	EMD
#1	-35.84% Feb 14, 2020 - Sep 1, 2020	-48.11% Jun 3, 2008 - Aug 6, 2009
#2	-23.48% Dec 29, 2021 - Jan 10, 2024	-46.44% Feb 21, 2020 - Dec 17, 2020
#3	-17.49% Dec 4, 2024 - Jun 30, 2025	-40.44% Sep 2, 2021 - Oct 2, 2024
#4	-9.11% Sep 2, 2020 - Nov 16, 2020	-29.53% Mar 12, 2013 - Apr 20, 2017
#5	-8.19% Feb 25, 2026 - Apr 14, 2026	-26.07% Jan 27, 2004 - Sep 24, 2004
#6	-7.32% Jul 16, 2024 - Aug 21, 2024	-18.70% Jan 16, 2018 - Jun 21, 2019
#7	-5.99% Sep 2, 2021 - Nov 2, 2021	-13.52% May 29, 2007 - Oct 5, 2007
#8	-5.80% Mar 28, 2024 - May 15, 2024	-13.33% Feb 18, 2026 - Mar 30, 2026
#9	-5.21% Feb 12, 2021 - Mar 12, 2021	-12.48% Sep 2, 2011 - Dec 23, 2011
#10	-4.81% Oct 27, 2025 - Dec 10, 2025	-11.83% Mar 25, 2025 - Jun 4, 2025
#11	-4.21% Aug 30, 2024 - Sep 19, 2024	-11.04% Feb 8, 2005 - Sep 9, 2005
#12	-4.04% May 7, 2021 - Jun 25, 2021	-10.28% Apr 23, 2010 - Jul 21, 2010
#13	-3.83% Nov 16, 2021 - Dec 8, 2021	-9.97% Nov 5, 2010 - May 10, 2011
#14	-3.71% Jun 2, 2026 - Jun 10, 2026	-9.74% Aug 3, 2011 - Sep 2, 2011
#15	-3.40% Jan 25, 2021 - Feb 5, 2021	-9.13% Oct 8, 2009 - Dec 24, 2009

Correlation

Correlation between AFLG and EMD is 0.83 which considered as a strong positive correlation - the stocks tend to move together.

0.83

-101

Dividend Comparison (2004 - 2026)

AFLG vs EMD dividend yield comparison.

Year	AFLG	EMD
2026	0.12%	4.50%
2025	0.84%	10.44%
2024	0.53%	10.57%
2023	1.53%	9.97%
2022	1.52%	11.09%
2021	0.93%	8.44%
2020	1.28%	8.45%
2019	0.20%	8.41%
2018	0.00%	9.76%
2017	0.00%	7.78%
2016	0.00%	9.99%
2015	0.00%	9.54%
2014	0.00%	9.01%
2013	0.00%	8.37%
2012	0.00%	6.49%
2011	0.00%	7.01%
2010	0.00%	7.48%
2009	0.00%	8.87%
2008	0.00%	13.34%
2007	0.00%	7.73%
2006	0.00%	9.19%
2005	0.00%	14.13%
2004	0.00%	8.88%