FEMB vs UUP

Comparison between FIRST TRUST EMERGING MARKETS LOCAL CURRENCY BOND ETF (FEMB, ETF) and Invesco DB US Dollar Index Bullish Fund (UUP, ETF).

5-Year PerformanceUUP has outperformed FEMB, delivering a return of +6.0% compared to +1.4%

FEMB vs UUP - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FEMB(ETF)	UUP(ETF)
Net Assets	$353M	$352M
Expense Ratio	0.85%	0.75%
Max Drawdown	52.52%	22.71%
Sharpe Ratio	0.59	0.40
5Y Beta	0.14	0.00
5Y Dividends CAGR	-2.12%	33.66%

Net Assets

Winner

FEMB

$353M

UUP

$352M

Expense Ratio

FEMB

0.85%

Winner

UUP

0.75%

Max Drawdown

FEMB

52.52%

Winner

UUP

22.71%

Sharpe Ratio

Winner

FEMB

0.59

UUP

0.40

5Y Beta

FEMB

0.14

Winner

UUP

0.00

5Y Dividends CAGR

FEMB

-2.12%

Winner

UUP

33.66%

FEMB vs UUP - Historical Returns

Returns include dividend reinvestment.

Period	FEMB	UUP
1 month	-0.46%	+1.89%
3 months	-1.21%	+1.97%
6 months	+0.63%	+3.21%
1 year	+8.61%	+6.16%
5 years(CAGR)	+1.43%	+6.04%
10 years(CAGR)	+2.41%	+3.26%
Max(CAGR)	+0.87%	+1.62%

FEMB

-0.46%

Winner

UUP

+1.89%

FEMB

-1.21%

Winner

UUP

+1.97%

FEMB

+0.63%

Winner

UUP

+3.21%

Winner

FEMB

+8.61%

UUP

+6.16%

5Y(CAGR)

FEMB

+1.43%

Winner

UUP

+6.04%

10Y(CAGR)

FEMB

+2.41%

Winner

UUP

+3.26%

Max(CAGR)

FEMB

+0.87%

Winner

UUP

+1.62%

FEMB vs UUP - Annual Returns (2007 - 2026)

Returns include dividend reinvestment.

Year	FEMB	UUP
2026	-0.53%	+3.36%
2025	+20.69%	-5.77%
2024	-5.09%	+12.53%
2023	+17.88%	+2.52%
2022	-10.14%	+8.78%
2021	-13.65%	+5.65%
2020	+2.46%	-6.98%
2019	+11.63%	+3.32%
2018	-7.92%	+7.50%
2017	+12.34%	-9.92%
2016	+7.26%	+3.00%
2015	-14.12%	+5.99%
2014	-3.38%	+10.72%
2013	N/A	-1.33%
2012	N/A	-2.09%
2011	N/A	-1.54%
2010	N/A	-0.92%
2009	N/A	-7.38%
2008	N/A	+5.83%
2007	N/A	-4.30%

FEMB vs UUP Drawdown Comparison

The maximum drawdown for FEMB was -30.44%, occurring on Oct 19, 2022. Recovery took 1186 trading sessions.

The maximum drawdown for UUP was -22.18%, occurring on Jul 26, 2011. Recovery took 2689 trading sessions.

The current FEMB drawdown is -4.83%. The current UUP drawdown is -2.91%.

Rank	FEMB	UUP
#1	-30.44% Dec 18, 2020 - Sep 11, 2025	-22.18% Nov 20, 2008 - Jul 31, 2019
#2	-23.94% Feb 1, 2018 - Dec 7, 2020	-14.24% Mar 19, 2020 - Jun 13, 2022
#3	-20.53% Nov 25, 2014 - Sep 1, 2017	-11.16% Jun 14, 2007 - Oct 6, 2008
#4	-7.58% Feb 25, 2026 - Mar 30, 2026	-10.37% Sep 27, 2022 - Apr 10, 2024
#5	-7.12% Sep 8, 2017 - Jan 24, 2018	-10.05% Jan 13, 2025 - Jul 2, 2025
#6	-1.70% Sep 23, 2025 - Nov 6, 2025	-4.63% Feb 20, 2020 - Mar 13, 2020
#7	-1.40% Nov 18, 2025 - Dec 3, 2025	-4.25% Jun 26, 2024 - Oct 22, 2024
#8	-1.31% Dec 3, 2025 - Dec 23, 2025	-3.21% Mar 13, 2020 - Mar 19, 2020
#9	-1.20% Jan 29, 2026 - Feb 10, 2026	-3.13% Jul 14, 2022 - Aug 22, 2022
#10	-0.78% Nov 5, 2014 - Nov 18, 2014	-3.01% Oct 24, 2008 - Nov 12, 2008
#11	-0.77% Jan 26, 2018 - Feb 1, 2018	-2.78% Mar 9, 2007 - Jun 13, 2007
#12	-0.65% Nov 13, 2025 - Nov 18, 2025	-2.25% Sep 30, 2019 - Feb 6, 2020
#13	-0.65% Feb 17, 2026 - Feb 25, 2026	-1.74% Jun 14, 2022 - Jul 5, 2022
#14	-0.55% Dec 10, 2020 - Dec 15, 2020	-1.73% Sep 6, 2022 - Sep 21, 2022
#15	-0.49% Sep 17, 2025 - Sep 23, 2025	-1.69% Apr 30, 2024 - Jun 14, 2024

Correlation

Correlation between FEMB and UUP is 0.15 which considered as a very weak or no correlation - the stocks move independently of each other.

0.15

-101

Dividend Comparison (2007 - 2026)

FEMB vs UUP dividend yield comparison.

Year	FEMB	UUP
2026	2.67%	0.00%
2025	5.67%	3.43%
2024	6.09%	4.48%
2023	5.15%	6.44%
2022	6.35%	0.89%
2021	6.12%	0.00%
2020	5.29%	0.00%
2019	5.40%	2.03%
2018	5.86%	1.08%
2017	6.38%	0.10%
2016	5.83%	0.00%
2015	4.89%	0.00%
2014	0.62%	0.00%
2008	0.00%	0.69%
2007	0.00%	0.84%