AFSM vs GCV

Comparison between FIRST TRUST ACTIVE FACTOR SMALL CAP ETF (AFSM, ETF) and Gabelli Convertible and Income Securities Fund Inc (GCV, ETF).

5-Year PerformanceAFSM has outperformed GCV, delivering a return of +9.3% compared to +4.3%

AFSM vs GCV - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	AFSM(ETF)	GCV(ETF)
Net Assets	$99M	$98M
Expense Ratio	0.75%	N/A
Max Drawdown	43.54%	72.48%
Sharpe Ratio	1.47	1.86
5Y Beta	1.03	0.43
P/E Ratio	20.53	N/A
Forward P/E	13.07	N/A
5Y Dividends CAGR	14.72%	-4.36%
5Y EPS CAGR	11.71%	N/A
Debt to Equity	-18.16%	N/A
P/S Ratio	1.15	N/A
P/B Ratio	2.22	N/A

Net Assets

Winner

AFSM

$99M

GCV

$98M

Expense Ratio

AFSM

0.75%

GCV

N/A

Max Drawdown

Winner

AFSM

43.54%

GCV

72.48%

Sharpe Ratio

AFSM

1.47

Winner

GCV

1.86

5Y Beta

AFSM

1.03

Winner

GCV

0.43

P/E Ratio

AFSM

20.53

GCV

N/A

Forward P/E

AFSM

13.07

GCV

N/A

5Y Dividends CAGR

Winner

AFSM

14.72%

GCV

-4.36%

5Y EPS CAGR

AFSM

11.71%

GCV

N/A

Debt to Equity

AFSM

-18.16%

GCV

N/A

P/S Ratio

AFSM

1.15

GCV

N/A

P/B Ratio

AFSM

2.22

GCV

N/A

AFSM vs GCV - Historical Returns

Returns include dividend reinvestment.

Period	AFSM	GCV
1 month	+7.11%	+4.42%
3 months	+20.38%	+11.05%
6 months	+17.75%	+18.36%
1 year	+35.16%	+38.18%
5 years(CAGR)	+9.27%	+4.33%
10 years(CAGR)	N/A	+10.67%
Max(CAGR)	+11.70%	+6.14%

Winner

AFSM

+7.11%

GCV

+4.42%

Winner

AFSM

+20.38%

GCV

+11.05%

AFSM

+17.75%

Winner

GCV

+18.36%

AFSM

+35.16%

Winner

GCV

+38.18%

5Y(CAGR)

Winner

AFSM

+9.27%

GCV

+4.33%

10Y(CAGR)

AFSM

N/A

GCV

+10.67%

Max(CAGR)

Winner

AFSM

+11.70%

GCV

+6.14%

AFSM vs GCV - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	AFSM	GCV
2026	+19.48%	+15.00%
2025	+9.99%	+23.46%
2024	+10.93%	+22.25%
2023	+22.85%	-16.15%
2022	-17.86%	-23.03%
2021	+27.36%	+22.16%
2020	+8.73%	+17.13%
2019	+2.63%	+44.71%
2018	N/A	-18.95%
2017	N/A	+36.96%
2016	N/A	+10.05%
2015	N/A	-12.38%
2014	N/A	+7.16%
2013	N/A	+23.64%
2012	N/A	+10.99%
2011	N/A	-8.52%
2010	N/A	+14.18%
2009	N/A	+9.26%
2008	N/A	-16.15%
2007	N/A	-6.55%
2006	N/A	+8.36%
2005	N/A	+3.02%
2004	N/A	-5.63%
2003	N/A	+31.71%
2002	N/A	-16.64%
2001	N/A	+25.20%
2000	N/A	+0.57%
1999	N/A	+1.15%

AFSM vs GCV Drawdown Comparison

The maximum drawdown for AFSM was -43.54%, occurring on Mar 23, 2020. Recovery took 224 trading sessions.

The maximum drawdown for GCV was -55.70%, occurring on Oct 10, 2008. Recovery took 1425 trading sessions.

The current AFSM drawdown is -0.10%. The current GCV drawdown is -0.42%.

Rank	AFSM	GCV
#1	-43.54% Jan 16, 2020 - Dec 4, 2020	-55.70% Jul 12, 2007 - Mar 11, 2013
#2	-28.27% Nov 16, 2021 - Feb 15, 2024	-45.90% Dec 23, 2021 - Jan 28, 2026
#3	-25.07% Nov 11, 2024 - Sep 11, 2025	-42.60% Feb 21, 2020 - Nov 17, 2020
#4	-9.56% Feb 26, 2026 - Apr 14, 2026	-38.47% Aug 22, 2018 - Feb 19, 2020
#5	-9.26% Jul 31, 2024 - Oct 14, 2024	-34.62% Feb 19, 2015 - Jul 21, 2017
#6	-8.21% Mar 15, 2021 - Apr 26, 2021	-23.19% May 30, 2002 - Nov 25, 2003
#7	-8.17% Feb 12, 2021 - Mar 12, 2021	-22.41% Apr 2, 2004 - Dec 18, 2006
#8	-8.05% Sep 18, 2025 - Dec 10, 2025	-16.74% Nov 5, 1999 - Jan 10, 2001
#9	-7.71% Jul 1, 2021 - Aug 27, 2021	-12.85% Feb 12, 2021 - Jun 23, 2021
#10	-7.54% Mar 28, 2024 - May 15, 2024	-10.42% Jul 26, 2013 - Mar 18, 2014
#11	-6.30% Apr 27, 2021 - Jun 1, 2021	-9.70% Sep 19, 2014 - Dec 11, 2014
#12	-5.51% May 15, 2024 - Jul 15, 2024	-9.09% Feb 2, 2001 - May 3, 2001
#13	-4.91% Sep 2, 2021 - Oct 20, 2021	-8.57% Aug 1, 2017 - Aug 23, 2017
#14	-4.84% Jun 8, 2021 - Jul 1, 2021	-7.79% Jun 24, 2021 - Oct 25, 2021
#15	-4.45% Jan 22, 2021 - Feb 4, 2021	-7.11% Sep 17, 2001 - Jan 3, 2002

Correlation

Correlation between AFSM and GCV is 0.61 which considered as a moderate positive correlation - the stocks show some tendency to move together.

0.61

-101

Dividend Comparison (2000 - 2026)

AFSM vs GCV dividend yield comparison.

Year	AFSM	GCV
2026	0.10%	5.22%
2025	0.58%	11.57%
2024	0.58%	12.60%
2023	0.92%	13.33%
2022	1.28%	10.00%
2021	0.35%	8.14%
2020	0.53%	7.68%
2019	0.32%	8.21%
2018	0.00%	10.93%
2017	0.00%	8.14%
2016	0.00%	8.72%
2015	0.00%	10.04%
2014	0.00%	8.39%
2013	0.00%	7.79%
2012	0.00%	9.01%
2011	0.00%	9.39%
2010	0.00%	7.68%
2009	0.00%	7.21%
2008	0.00%	14.41%
2007	0.00%	10.44%
2006	0.00%	8.94%
2005	0.00%	9.06%
2004	0.00%	8.66%
2003	0.00%	7.59%
2002	0.00%	8.77%
2001	0.00%	7.43%
2000	0.00%	9.86%