{
  "page": "compare",
  "query": {
    "a": "FEMB",
    "b": "TGWIX"
  },
  "retrieved_at": "2026-07-07T11:59:11+00:00",
  "disclaimer": "Informational only — not investment advice. FundWatcher presents publicly available data and makes no recommendation to buy or sell any security. Verify all figures against the source filing before relying on them.",
  "attribution": "Data sourced from U.S. SEC EDGAR filings (Forms N-PORT, N-CEN, and prospectus Risk/Return summaries). FundWatcher is not affiliated with the SEC.",
  "terms": {
    "notice": "Use of this data is subject to the FundWatcher Terms of Service. Information may be used only for personal, non-commercial research and may not be redistributed.",
    "url": "https://fundwatcher.app/terms/"
  },
  "fund_a": {
    "name": "First Trust Emerging Markets Local Currency Bond ETF",
    "ticker": "FEMB",
    "slug": "FEMB",
    "series_id": "S000046751",
    "html_url": "https://fundwatcher.app/funds/FEMB/"
  },
  "fund_b": {
    "name": "TCW Emerging Markets Local Currency Income Fund",
    "ticker": "TGWIX",
    "slug": "TGWIX",
    "series_id": "S000030566",
    "html_url": "https://fundwatcher.app/funds/TGWIX/"
  },
  "overlap": {
    "coverage_a_by_b": "0.1801816396629920830339345095",
    "coverage_b_by_a": "0.1801816396629920830339345095",
    "shared_count": 17,
    "as_of": {
      "a": "2026-04-30",
      "b": "2026-01-31"
    },
    "a_top": [
      {
        "name": "MALAYSIA GOVT",
        "value": "17705801.02",
        "weight": "0.05297223",
        "shared": true
      },
      {
        "name": "Republic of Indonesia, The Government of, The",
        "value": "14287819.91",
        "weight": "0.04274631",
        "shared": false
      },
      {
        "name": "Urzad Rady Ministrow",
        "value": "13144575.90",
        "weight": "0.03932595",
        "shared": false
      },
      {
        "name": "Republic of Indonesia",
        "value": "11779178.76",
        "weight": "0.03524096",
        "shared": false
      },
      {
        "name": "INDONESIA TREASURY BOND IDR 7.0% 09-15-30",
        "value": "11719071.89",
        "weight": "0.03506113",
        "shared": false
      },
      {
        "name": "SOUTH AFRICA REPUBLIC OF 8.25% 03/31/2032",
        "value": "11586927.00",
        "weight": "0.03466578",
        "shared": true
      },
      {
        "name": "INDIA GOVERNMENT BOND INR 7.18% 07-24-37",
        "value": "11436350.37",
        "weight": "0.03421528",
        "shared": false
      },
      {
        "name": "Presidencia da Republica",
        "value": "11404974.46",
        "weight": "0.03412141",
        "shared": false
      },
      {
        "name": "Presidencia de la Republica de Chile",
        "value": "11317750.33",
        "weight": "0.03386045",
        "shared": false
      },
      {
        "name": "INDONESIA TREASURY BOND IDR 9.0% 03-15-29",
        "value": "10717280.42",
        "weight": "0.03206397",
        "shared": false
      },
      {
        "name": "SOUTH AFRICA REPUBLIC OF 8.875% 02/28/2035",
        "value": "10479776.33",
        "weight": "0.03135340",
        "shared": true
      },
      {
        "name": "International Bank for Reconstruction & Development",
        "value": "10253067.26",
        "weight": "0.03067513",
        "shared": false
      },
      {
        "name": "Presidencia da Republica",
        "value": "9945605.51",
        "weight": "0.02975527",
        "shared": false
      },
      {
        "name": "MEXICO UNITED MEXICAN STATES 7.5% 05/26/2033",
        "value": "9831086.65",
        "weight": "0.02941265",
        "shared": true
      },
      {
        "name": "Presidencia da Republica",
        "value": "9621483.20",
        "weight": "0.02878556",
        "shared": false
      },
      {
        "name": "Sandor-Palota",
        "value": "9242732.93",
        "weight": "0.02765242",
        "shared": true
      },
      {
        "name": "TITULOS DE TESORERIA 7.000000% 06/30/2032",
        "value": "9013981.74",
        "weight": "0.02696804",
        "shared": false
      },
      {
        "name": "INTER-AMERICAN DEVELOPMENT BANK 7.35% 10-06-30",
        "value": "8339425.76",
        "weight": "0.02494990",
        "shared": false
      },
      {
        "name": "India Government Bond",
        "value": "8190091.98",
        "weight": "0.02450312",
        "shared": false
      },
      {
        "name": "THAILAND KINGDOM OF 3.35% 06/17/2033",
        "value": "7858424.02",
        "weight": "0.02351084",
        "shared": false
      },
      {
        "name": "MEXICO UNITED MEXICAN STATES 8.5% 11/18/2038",
        "value": "7613216.65",
        "weight": "0.02277723",
        "shared": true
      },
      {
        "name": "THAILAND KINGDOM OF 3.39% 06/17/2037",
        "value": "7483904.66",
        "weight": "0.02239035",
        "shared": true
      },
      {
        "name": "South Africa, Parliament of",
        "value": "7436841.26",
        "weight": "0.02224955",
        "shared": true
      },
      {
        "name": "PERU REPUBLIC OF 6.9% 08/12/2037",
        "value": "7425381.14",
        "weight": "0.02221526",
        "shared": false
      },
      {
        "name": "MALAYSIA GOVT OF 4.642% 11/07/2033",
        "value": "7076959.72",
        "weight": "0.02117285",
        "shared": false
      },
      {
        "name": "ROMANIA REPUBLIC OF 6.7% 02/25/2032",
        "value": "6641830.66",
        "weight": "0.01987103",
        "shared": true
      },
      {
        "name": "Presidencia da Republica",
        "value": "6509480.87",
        "weight": "0.01947507",
        "shared": true
      },
      {
        "name": "MALAYSIA GOVT",
        "value": "5601775.86",
        "weight": "0.01675940",
        "shared": false
      },
      {
        "name": "REPUBLIC OF PHILIPPINES SR UNSECURED 01/36 6.25",
        "value": "5132640.26",
        "weight": "0.01535584",
        "shared": false
      },
      {
        "name": "Czech Republic Government Bond",
        "value": "5099066.58",
        "weight": "0.01525539",
        "shared": false
      },
      {
        "name": "MALAYSIA GOVT",
        "value": "4122311.54",
        "weight": "0.01233314",
        "shared": false
      },
      {
        "name": "ROMANIA GOVT",
        "value": "4088470.94",
        "weight": "0.01223189",
        "shared": false
      },
      {
        "name": "CZECH REPUBLIC GOVERNMENT BOND CZK 3.5% 05-30-35",
        "value": "3577856.26",
        "weight": "0.01070423",
        "shared": true
      },
      {
        "name": "TURKIYE GOVERNMENT BOND TRY 26.2% 10-05-33",
        "value": "3437337.11",
        "weight": "0.01028383",
        "shared": false
      },
      {
        "name": "Indonesia Treasury Bond",
        "value": "3027668.63",
        "weight": "0.00905818",
        "shared": false
      },
      {
        "name": "TITULOS DE TESORERIA 7.750000% 09/18/2030",
        "value": "2777861.38",
        "weight": "0.00831081",
        "shared": false
      },
      {
        "name": "Colombia Titulos de Tesoreria, Series B",
        "value": "2598996.18",
        "weight": "0.00777568",
        "shared": true
      },
      {
        "name": "Ministerio De Hacienda Y Credito Publico",
        "value": "2465683.84",
        "weight": "0.00737683",
        "shared": true
      },
      {
        "name": "Urzad Rady Ministrow",
        "value": "2378361.12",
        "weight": "0.00711558",
        "shared": true
      },
      {
        "name": "HUNGARY REPUBLIC OF 6.75% 10/22/2028",
        "value": "2333685.34",
        "weight": "0.00698192",
        "shared": false
      },
      {
        "name": "EUROPEAN BK RECON & DEV 6.3% 10-26-27",
        "value": "1921623.81",
        "weight": "0.00574912",
        "shared": false
      },
      {
        "name": "TURKIYE GOVERNMENT BOND TRY 31.08% 11-08-28",
        "value": "1874430.96",
        "weight": "0.00560792",
        "shared": false
      },
      {
        "name": "Czech Republic Government Bond",
        "value": "1778756.81",
        "weight": "0.00532169",
        "shared": true
      },
      {
        "name": "INTER-AMERICAN DEVELOPMENT BANK MTN 7.000000% 08/08/2033",
        "value": "1722357.40",
        "weight": "0.00515295",
        "shared": false
      },
      {
        "name": "Asian Development Bank",
        "value": "1693644.98",
        "weight": "0.00506705",
        "shared": false
      },
      {
        "name": "ROMANIA REPUBLIC OF 4.75% 10/11/2034",
        "value": "1644366.45",
        "weight": "0.00491962",
        "shared": true
      },
      {
        "name": "Republic of South Africa Government Bond",
        "value": "1596327.28",
        "weight": "0.00477589",
        "shared": false
      },
      {
        "name": "Republic of South Africa Government Bond",
        "value": "1561258.15",
        "weight": "0.00467097",
        "shared": false
      },
      {
        "name": "International Finance Corp",
        "value": "1209112.26",
        "weight": "0.00361742",
        "shared": false
      },
      {
        "name": "African Development Bank",
        "value": "1077020.68",
        "weight": "0.00322223",
        "shared": false
      }
    ],
    "b_top": [
      {
        "name": "Presidencia da Republica",
        "value": "3727170.23",
        "weight": "0.06746856",
        "shared": true
      },
      {
        "name": "TURKIYE GOVERNMENT BOND TRY 37.84% 07-14-27",
        "value": "2417351.01",
        "weight": "0.04375845",
        "shared": false
      },
      {
        "name": "Brazil Notas do Tesouro Nacional Serie B",
        "value": "2381938.86",
        "weight": "0.04311743",
        "shared": false
      },
      {
        "name": "NIGERIA REPUBLIC 0% 03/17/2026",
        "value": "2108058.13",
        "weight": "0.03815969",
        "shared": false
      },
      {
        "name": "Republic of India",
        "value": "1860268.93",
        "weight": "0.03367425",
        "shared": false
      },
      {
        "name": "CHINA PEOPLES REPUBLIC OF 2.57% 05/20/2054",
        "value": "1770774.18",
        "weight": "0.03205423",
        "shared": false
      },
      {
        "name": "CZECH REPUBLIC GOVERNMENT BOND CZK 3.5% 05-30-35",
        "value": "1722292.05",
        "weight": "0.03117662",
        "shared": true
      },
      {
        "name": "Republic of India",
        "value": "1634040.47",
        "weight": "0.02957911",
        "shared": false
      },
      {
        "name": "Egypt Treasury Bills",
        "value": "1357085.46",
        "weight": "0.02456572",
        "shared": false
      },
      {
        "name": "Urzad Rady Ministrow",
        "value": "1196436.97",
        "weight": "0.02165769",
        "shared": true
      },
      {
        "name": "Nigeria OMO Bill",
        "value": "1169015.41",
        "weight": "0.02116131",
        "shared": false
      },
      {
        "name": "MEXICO UNITED MEXICAN STATES 7.5% 05/26/2033",
        "value": "1131692.41",
        "weight": "0.02048569",
        "shared": true
      },
      {
        "name": "PERU REPUBLIC OF 6.85% 08/12/2035 144A REGS",
        "value": "1114739.18",
        "weight": "0.02017881",
        "shared": false
      },
      {
        "name": "Republic of Indonesia",
        "value": "1101842.33",
        "weight": "0.01994535",
        "shared": false
      },
      {
        "name": "MALAYSIA GOVT OF 4.762% 04/07/2037",
        "value": "1089499.18",
        "weight": "0.01972192",
        "shared": true
      },
      {
        "name": "SOUTH AFRICA REPUBLIC OF 8.875% 02/28/2035",
        "value": "1081948.91",
        "weight": "0.01958524",
        "shared": true
      },
      {
        "name": "Republic of Uganda Government Bonds",
        "value": "1081875.29",
        "weight": "0.01958391",
        "shared": false
      },
      {
        "name": "Republic of India",
        "value": "1037477.40",
        "weight": "0.01878023",
        "shared": false
      },
      {
        "name": "MEXICO UNITED MEXICAN STATES 7.75% 11/23/2034",
        "value": "1026594.57",
        "weight": "0.01858323",
        "shared": false
      },
      {
        "name": "MALAYSIA GOVT OF 4.893% 06/08/2038",
        "value": "990778.79",
        "weight": "0.01793490",
        "shared": false
      },
      {
        "name": "THAILAND KINGDOM OF 3.45% 06/17/2043",
        "value": "941348.94",
        "weight": "0.01704013",
        "shared": false
      },
      {
        "name": "MEXICO UNITED MEXICAN STATES 8.5% 11/18/2038",
        "value": "880647.43",
        "weight": "0.01594132",
        "shared": true
      },
      {
        "name": "Urzad Rady Ministrow",
        "value": "874052.10",
        "weight": "0.01582193",
        "shared": false
      },
      {
        "name": "SOUTH AFRICA REPUBLIC OF 8.5% 01/31/2037",
        "value": "849193.14",
        "weight": "0.01537194",
        "shared": false
      },
      {
        "name": "TURKIYE GOVERNMENT BOND TRY 36.0% 08-12-26",
        "value": "841702.92",
        "weight": "0.01523635",
        "shared": false
      },
      {
        "name": "MALAYSIA GOVT",
        "value": "840259.82",
        "weight": "0.01521023",
        "shared": true
      },
      {
        "name": "Egypt Treasury Bills",
        "value": "834480.05",
        "weight": "0.01510561",
        "shared": false
      },
      {
        "name": "REPUBLIC OF POLAND GOVERNMENT BOND PLN 1.25% 10-25-30",
        "value": "811839.91",
        "weight": "0.01469578",
        "shared": false
      },
      {
        "name": "Titulos de Tesoreria",
        "value": "761978.23",
        "weight": "0.01379319",
        "shared": false
      },
      {
        "name": "SOUTH AFRICA REPUBLIC OF 6.25% 03/31/2036",
        "value": "705081.68",
        "weight": "0.01276326",
        "shared": false
      },
      {
        "name": "Sandor-Palota",
        "value": "697592.07",
        "weight": "0.01262769",
        "shared": true
      },
      {
        "name": "Republic of India",
        "value": "631210.58",
        "weight": "0.01142606",
        "shared": false
      },
      {
        "name": "South Africa, Parliament of",
        "value": "628016.25",
        "weight": "0.01136824",
        "shared": false
      },
      {
        "name": "Colombia Titulos de Tesoreria, Series B",
        "value": "611302.65",
        "weight": "0.01106569",
        "shared": true
      },
      {
        "name": "Indonesia Treasury Bond",
        "value": "596870.85",
        "weight": "0.01080445",
        "shared": false
      },
      {
        "name": "THAILAND KINGDOM OF 3.39% 06/17/2037",
        "value": "563990.11",
        "weight": "0.01020925",
        "shared": true
      },
      {
        "name": "MEXICO UNITED MEXICAN STATES 10% 11/20/2036",
        "value": "563022.87",
        "weight": "0.01019174",
        "shared": false
      },
      {
        "name": "Republic of Indonesia",
        "value": "556156.63",
        "weight": "0.01006745",
        "shared": false
      },
      {
        "name": "SOUTH AFRICA REPUBLIC OF 8.25% 03/31/2032",
        "value": "552081.02",
        "weight": "0.00999367",
        "shared": true
      },
      {
        "name": "MALAYSIA GOVT OF 4.054% 04/18/2039",
        "value": "542474.06",
        "weight": "0.00981977",
        "shared": false
      },
      {
        "name": "Czech Republic Government Bond",
        "value": "525553.87",
        "weight": "0.00951348",
        "shared": true
      },
      {
        "name": "Czech Republic Government Bonds",
        "value": "513369.70",
        "weight": "0.00929293",
        "shared": false
      },
      {
        "name": "THAILAND GOVT",
        "value": "489567.77",
        "weight": "0.00886207",
        "shared": false
      },
      {
        "name": "MALAYSIA GOVT",
        "value": "469514.96",
        "weight": "0.00849907",
        "shared": false
      },
      {
        "name": "Egypt Treasury Bills",
        "value": "469048.22",
        "weight": "0.00849063",
        "shared": false
      },
      {
        "name": "TITULOS DE TESORERIA 13.250000% 02/09/2033",
        "value": "437663.07",
        "weight": "0.00792250",
        "shared": false
      },
      {
        "name": "Urad Vlady Ceske Republiky",
        "value": "430700.25",
        "weight": "0.00779646",
        "shared": false
      },
      {
        "name": "MEXICO UNITED MEXICAN STATES 7.75% 11/13/2042",
        "value": "426788.49",
        "weight": "0.00772565",
        "shared": false
      },
      {
        "name": "MALAYSIA GOVT OF 3.582% 07/15/2032",
        "value": "424510.44",
        "weight": "0.00768441",
        "shared": false
      },
      {
        "name": "Sandor-Palota",
        "value": "414346.76",
        "weight": "0.00750043",
        "shared": false
      }
    ]
  },
  "error": null,
  "sources": [
    {
      "label": "N-PORT (fund A)",
      "accession_no": "0000940400-26-024916",
      "as_of": "2026-04-30",
      "edgar_url": "https://www.sec.gov/Archives/edgar/data/1424212/000094040026024916/0000940400-26-024916-index.htm"
    },
    {
      "label": "N-PORT (fund B)",
      "accession_no": "0001410368-26-033400",
      "as_of": "2026-01-31",
      "edgar_url": "https://www.sec.gov/Archives/edgar/data/892071/000141036826033400/0001410368-26-033400-index.htm"
    }
  ]
}