BIT vs FEM

Comparison between BlackRock Multi-Sector Income Trust (BIT, ETF) and FIRST TRUST EMERGING MARKETS ALPHADEX FUND (FEM, ETF).

5-Year PerformanceFEM has outperformed BIT, delivering a return of +9.3% compared to +2.0%

BIT vs FEM - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	BIT(ETF)	FEM(ETF)
Net Assets	$749M	$749M
Expense Ratio	N/A	0.80%
Max Drawdown	53.30%	49.78%
Sharpe Ratio	-0.88	1.16
5Y Beta	0.35	0.70
5Y Dividends CAGR	2.15%	1.78%

Net Assets

BIT

$749M

Winner

FEM

$749M

Expense Ratio

BIT

N/A

FEM

0.80%

Max Drawdown

BIT

53.30%

Winner

FEM

49.78%

Sharpe Ratio

BIT

-0.88

Winner

FEM

1.16

5Y Beta

Winner

BIT

0.35

FEM

0.70

5Y Dividends CAGR

Winner

BIT

2.15%

FEM

1.78%

BIT vs FEM - Historical Returns

Returns include dividend reinvestment.

Period	BIT	FEM
1 month	-2.42%	+4.75%
3 months	-0.71%	+2.92%
6 months	-3.94%	+6.77%
1 year	-2.27%	+28.83%
5 years(CAGR)	+2.00%	+9.33%
10 years(CAGR)	+6.55%	+8.52%
Max(CAGR)	+5.84%	+4.03%

BIT

-2.42%

Winner

FEM

+4.75%

BIT

-0.71%

Winner

FEM

+2.92%

BIT

-3.94%

Winner

FEM

+6.77%

BIT

-2.27%

Winner

FEM

+28.83%

5Y(CAGR)

BIT

+2.00%

Winner

FEM

+9.33%

10Y(CAGR)

BIT

+6.55%

Winner

FEM

+8.52%

Max(CAGR)

Winner

BIT

+5.84%

FEM

+4.03%

BIT vs FEM - Annual Returns (2011 - 2026)

Returns include dividend reinvestment.

Year	BIT	FEM
2026	-1.60%	+19.02%
2025	+2.49%	+28.57%
2024	+7.07%	+3.92%
2023	+16.41%	+10.62%
2022	-14.15%	-15.44%
2021	+15.26%	+5.51%
2020	+19.14%	-3.18%
2019	+12.67%	+20.62%
2018	-7.43%	-16.98%
2017	+18.37%	+39.11%
2016	+17.55%	+18.71%
2015	+2.08%	-13.48%
2014	+5.67%	-8.74%
2013	-8.42%	-5.37%
2012	N/A	+18.21%
2011	N/A	-23.58%

BIT vs FEM Drawdown Comparison

The maximum drawdown for BIT was -43.56%, occurring on Mar 18, 2020. Recovery took 175 trading sessions.

The maximum drawdown for FEM was -46.21%, occurring on Mar 18, 2020. Recovery took 825 trading sessions.

The current BIT drawdown is -6.69%. The current FEM drawdown is -1.93%.

Rank	BIT	FEM
#1	-43.56% Dec 2, 2019 - Aug 12, 2020	-46.21% Jan 26, 2018 - May 7, 2021
#2	-23.70% Oct 22, 2021 - Jan 25, 2024	-41.78% Apr 27, 2011 - Aug 24, 2017
#3	-20.34% Mar 25, 2013 - May 12, 2014	-31.71% Sep 13, 2021 - May 17, 2024
#4	-13.52% Aug 28, 2018 - Apr 1, 2019	-18.82% May 17, 2024 - Jun 11, 2025
#5	-10.42% Feb 14, 2025 - Jun 11, 2025	-10.88% May 11, 2026 - Jul 29, 2026
#6	-10.24% Apr 28, 2015 - May 9, 2016	-9.31% Feb 25, 2026 - Apr 9, 2026
#7	-8.97% Aug 13, 2025 - Mar 27, 2026	-8.61% Jun 2, 2021 - Sep 7, 2021
#8	-8.06% Sep 7, 2016 - Dec 29, 2016	-7.06% Oct 5, 2017 - Jan 2, 2018
#9	-7.46% Jan 9, 2018 - Aug 14, 2018	-4.85% Nov 12, 2025 - Dec 23, 2025
#10	-7.26% Aug 29, 2014 - Feb 12, 2015	-4.67% Sep 20, 2017 - Oct 5, 2017
#11	-6.62% Mar 27, 2024 - Sep 24, 2024	-4.66% Jan 28, 2026 - Feb 11, 2026
#12	-4.15% Aug 2, 2019 - Oct 14, 2019	-4.53% Sep 22, 2025 - Nov 3, 2025
#13	-4.02% Jul 9, 2014 - Aug 29, 2014	-4.32% May 7, 2021 - Jun 1, 2021
#14	-3.99% Oct 24, 2017 - Dec 28, 2017	-3.00% Jun 12, 2025 - Jun 26, 2025
#15	-3.86% Sep 24, 2024 - Jan 15, 2025	-2.79% Jul 24, 2025 - Aug 6, 2025

Correlation

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

0.83

-101

Dividend Comparison (2011 - 2026)

BIT vs FEM dividend yield comparison.

Year	BIT	FEM
2026	8.30%	0.68%
2025	11.15%	3.13%
2024	10.17%	3.66%
2023	9.89%	4.96%
2022	9.57%	6.15%
2021	8.18%	4.15%
2020	8.46%	2.68%
2019	8.84%	3.31%
2018	9.12%	3.52%
2017	8.44%	2.45%
2016	11.65%	2.25%
2015	8.66%	3.61%
2014	8.85%	2.85%
2013	6.82%	2.62%
2012	0.00%	2.21%
2011	0.00%	0.92%