XFLT vs FEMB

Comparison between XAI Octagon Floating Rate & Alternative Income Term Trust (XFLT, ETF) and FIRST TRUST EMERGING MARKETS LOCAL CURRENCY BOND ETF (FEMB, ETF).

5-Year PerformanceFEMB has outperformed XFLT, delivering a return of +1.4% compared to -4.5%

XFLT vs FEMB - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	XFLT(ETF)	FEMB(ETF)
Net Assets	$353M	$353M
Expense Ratio	N/A	0.85%
Max Drawdown	73.04%	52.52%
Sharpe Ratio	-1.51	0.59
5Y Beta	0.36	0.14
5Y Dividends CAGR	2.19%	-2.12%

Net Assets

XFLT

$353M

Winner

FEMB

$353M

Expense Ratio

XFLT

N/A

FEMB

0.85%

Max Drawdown

XFLT

73.04%

Winner

FEMB

52.52%

Sharpe Ratio

XFLT

-1.51

Winner

FEMB

0.59

5Y Beta

XFLT

0.36

Winner

FEMB

0.14

5Y Dividends CAGR

Winner

XFLT

2.19%

FEMB

-2.12%

XFLT vs FEMB - Historical Returns

Returns include dividend reinvestment.

Period	XFLT	FEMB
1 month	-3.06%	-0.46%
3 months	+14.31%	-1.21%
6 months	-14.03%	+0.63%
1 year	-25.62%	+8.61%
5 years(CAGR)	-4.46%	+1.43%
10 years(CAGR)	+0.35%	+2.41%
Max(CAGR)	+0.35%	+0.87%

XFLT

-3.06%

Winner

FEMB

-0.46%

Winner

XFLT

+14.31%

FEMB

-1.21%

XFLT

-14.03%

Winner

FEMB

+0.63%

XFLT

-25.62%

Winner

FEMB

+8.61%

5Y(CAGR)

XFLT

-4.46%

Winner

FEMB

+1.43%

10Y(CAGR)

XFLT

+0.35%

Winner

FEMB

+2.41%

Max(CAGR)

XFLT

+0.35%

Winner

FEMB

+0.87%

XFLT vs FEMB - Annual Returns (2014 - 2026)

Returns include dividend reinvestment.

Year	XFLT	FEMB
2026	-18.35%	-0.53%
2025	-16.36%	+20.69%
2024	+6.28%	-5.09%
2023	+26.15%	+17.88%
2022	-21.31%	-10.14%
2021	+32.32%	-13.65%
2020	+3.94%	+2.46%
2019	+17.84%	+11.63%
2018	-15.56%	-7.92%
2017	-5.54%	+12.34%
2016	N/A	+7.26%
2015	N/A	-14.12%
2014	N/A	-3.38%

XFLT vs FEMB Drawdown Comparison

The maximum drawdown for XFLT was -55.39%, occurring on Mar 24, 2020. Recovery took 841 trading sessions.

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

The current XFLT drawdown is -35.75%. The current FEMB drawdown is -4.83%.

Rank	XFLT	FEMB
#1	-55.39% Oct 3, 2017 - Feb 5, 2021	-30.44% Dec 18, 2020 - Sep 11, 2025
#2	-47.03% Dec 2, 2024 - Mar 9, 2026	-23.94% Feb 1, 2018 - Dec 7, 2020
#3	-33.03% Feb 2, 2022 - Jan 30, 2024	-20.53% Nov 25, 2014 - Sep 1, 2017
#4	-10.75% Jul 6, 2021 - Jan 11, 2022	-7.58% Feb 25, 2026 - Mar 30, 2026
#5	-9.07% Jan 12, 2022 - Jan 31, 2022	-7.12% Sep 8, 2017 - Jan 24, 2018
#6	-8.89% Feb 24, 2021 - Mar 11, 2021	-1.70% Sep 23, 2025 - Nov 6, 2025
#7	-8.47% Mar 17, 2021 - Jun 14, 2021	-1.40% Nov 18, 2025 - Dec 3, 2025
#8	-7.62% Feb 7, 2024 - Nov 7, 2024	-1.31% Dec 3, 2025 - Dec 23, 2025
#9	-3.20% Jun 16, 2021 - Jun 30, 2021	-1.20% Jan 29, 2026 - Feb 10, 2026
#10	-2.24% Feb 1, 2024 - Feb 6, 2024	-0.78% Nov 5, 2014 - Nov 18, 2014
#11	-1.73% Feb 17, 2021 - Feb 22, 2021	-0.77% Jan 26, 2018 - Feb 1, 2018
#12	-1.07% Feb 5, 2021 - Feb 10, 2021	-0.65% Nov 13, 2025 - Nov 18, 2025
#13	-0.52% Jul 1, 2021 - Jul 6, 2021	-0.65% Feb 17, 2026 - Feb 25, 2026
#14	-0.32% Mar 15, 2021 - Mar 17, 2021	-0.55% Dec 10, 2020 - Dec 15, 2020
#15	-0.30% Sep 28, 2017 - Oct 3, 2017	-0.49% Sep 17, 2025 - Sep 23, 2025

Correlation

Correlation between XFLT and FEMB is -0.00 which considered as a very weak or no correlation - the stocks move independently of each other.

-0.00

-101

Dividend Comparison (2014 - 2026)

XFLT vs FEMB dividend yield comparison.

Year	XFLT	FEMB
2026	7.47%	2.67%
2025	18.23%	5.67%
2024	15.24%	6.09%
2023	13.61%	5.15%
2022	13.86%	6.35%
2021	9.82%	6.12%
2020	10.64%	5.29%
2019	10.63%	5.40%
2018	11.33%	5.86%
2017	1.47%	6.38%
2016	0.00%	5.83%
2015	0.00%	4.89%
2014	0.00%	0.62%