CMBS vs FAD

Comparison between ISHARES CMBS ETF (CMBS, ETF) and FIRST TRUST MULTI CAP GROWTH ALPHADEX FUND (FAD, ETF).

5-Year PerformanceFAD has outperformed CMBS, delivering a return of +10.5% compared to +0.8%

CMBS vs FAD - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	CMBS(ETF)	FAD(ETF)
Net Assets	$481M	$480M
Expense Ratio	0.25%	0.63%
Max Drawdown	20.92%	54.47%
Sharpe Ratio	0.11	1.29
5Y Beta	0.00	1.11
P/E Ratio	N/A	55.12
Forward P/E	N/A	21.31
5Y Dividends CAGR	3.22%	-11.95%
5Y EPS CAGR	N/A	16.73%
Debt to Equity	N/A	32.63%
P/S Ratio	N/A	3.28
P/B Ratio	N/A	5.43

Net Assets

Winner

CMBS

$481M

FAD

$480M

Expense Ratio

Winner

CMBS

0.25%

FAD

0.63%

Max Drawdown

Winner

CMBS

20.92%

FAD

54.47%

Sharpe Ratio

CMBS

0.11

Winner

FAD

1.29

5Y Beta

Winner

CMBS

0.00

FAD

1.11

P/E Ratio

CMBS

N/A

FAD

55.12

Forward P/E

CMBS

N/A

FAD

21.31

5Y Dividends CAGR

Winner

CMBS

3.22%

FAD

-11.95%

5Y EPS CAGR

CMBS

N/A

FAD

16.73%

Debt to Equity

CMBS

N/A

FAD

32.63%

P/S Ratio

CMBS

N/A

FAD

3.28

P/B Ratio

CMBS

N/A

FAD

5.43

CMBS vs FAD - Historical Returns

Returns include dividend reinvestment.

Period	CMBS	FAD
1 month	+0.03%	+1.19%
3 months	-0.89%	+11.03%
6 months	+0.61%	+12.13%
1 year	+3.97%	+29.88%
5 years(CAGR)	+0.81%	+10.46%
10 years(CAGR)	+2.06%	+14.12%
Max(CAGR)	+2.38%	+10.42%

CMBS

+0.03%

Winner

FAD

+1.19%

CMBS

-0.89%

Winner

FAD

+11.03%

CMBS

+0.61%

Winner

FAD

+12.13%

CMBS

+3.97%

Winner

FAD

+29.88%

5Y(CAGR)

CMBS

+0.81%

Winner

FAD

+10.46%

10Y(CAGR)

CMBS

+2.06%

Winner

FAD

+14.12%

Max(CAGR)

CMBS

+2.38%

Winner

FAD

+10.42%

CMBS vs FAD - Annual Returns (2007 - 2026)

Returns include dividend reinvestment.

Year	CMBS	FAD
2026	+0.10%	+11.64%
2025	+7.26%	+16.74%
2024	+4.46%	+25.55%
2023	+5.03%	+20.72%
2022	-10.84%	-23.32%
2021	-1.82%	+22.92%
2020	+7.84%	+34.73%
2019	+7.93%	+27.81%
2018	+1.05%	-6.71%
2017	+3.29%	+24.65%
2016	+3.06%	+8.80%
2015	+0.69%	+2.91%
2014	+2.56%	+9.46%
2013	+0.39%	+35.86%
2012	+4.54%	+9.99%
2011	N/A	-1.93%
2010	N/A	+24.37%
2009	N/A	+30.88%
2008	N/A	-38.05%
2007	N/A	+1.78%

CMBS vs FAD Drawdown Comparison

The maximum drawdown for CMBS was -15.87%, occurring on Nov 3, 2022. Recovery took 1014 trading sessions.

The maximum drawdown for FAD was -54.33%, occurring on Mar 6, 2009. Recovery took 841 trading sessions.

The current CMBS drawdown is -1.67%. The current FAD drawdown is -3.96%.

Rank	CMBS	FAD
#1	-15.87% Jul 20, 2021 - Aug 4, 2025	-54.33% Oct 10, 2007 - Feb 10, 2011
#2	-9.89% Mar 9, 2020 - Jul 30, 2020	-37.25% Feb 19, 2020 - Jul 30, 2020
#3	-4.94% Sep 7, 2016 - Sep 5, 2017	-31.99% Nov 16, 2021 - Jul 16, 2024
#4	-3.82% Sep 7, 2017 - Jan 3, 2019	-27.00% Sep 14, 2018 - Dec 20, 2019
#5	-3.33% May 21, 2013 - Apr 14, 2014	-24.87% Jul 7, 2011 - Jan 4, 2013
#6	-2.55% Jan 29, 2021 - Jul 20, 2021	-23.55% Dec 4, 2024 - Jul 23, 2025
#7	-2.44% Feb 27, 2026 - Mar 27, 2026	-16.92% Jul 16, 2015 - Jul 11, 2016
#8	-2.20% Feb 2, 2015 - Oct 14, 2015	-12.36% Feb 12, 2021 - Jun 24, 2021
#9	-2.05% Oct 14, 2015 - Jan 20, 2016	-11.08% Jul 3, 2014 - Nov 11, 2014
#10	-2.04% Sep 4, 2019 - Jan 27, 2020	-10.95% Jul 19, 2007 - Oct 10, 2007
#11	-1.84% Feb 11, 2016 - Apr 1, 2016	-10.66% Jan 22, 2026 - Apr 14, 2026
#12	-1.82% Jul 3, 2012 - Jul 25, 2012	-9.36% Oct 27, 2025 - Dec 11, 2025
#13	-1.60% Mar 7, 2012 - Jun 26, 2012	-9.33% Jan 26, 2018 - Mar 9, 2018
#14	-1.54% Oct 2, 2020 - Dec 11, 2020	-9.04% Apr 29, 2011 - Jul 7, 2011
#15	-1.38% Nov 28, 2014 - Jan 7, 2015	-9.01% Jul 16, 2024 - Aug 30, 2024

Correlation

Correlation between CMBS and FAD is 0.89 which considered as a strong positive correlation - the stocks tend to move together.

0.89

-101

Dividend Comparison (2007 - 2026)

CMBS vs FAD dividend yield comparison.

Year	CMBS	FAD
2026	1.51%	0.01%
2025	3.45%	0.09%
2024	3.31%	0.59%
2023	2.97%	0.51%
2022	2.65%	0.60%
2021	2.46%	0.09%
2020	2.83%	0.32%
2019	2.74%	0.48%
2018	2.70%	0.20%
2017	2.50%	0.22%
2016	2.29%	0.64%
2015	2.31%	0.41%
2014	2.15%	0.44%
2013	2.00%	0.31%
2012	2.22%	1.40%
2011	0.00%	0.31%
2010	0.00%	0.29%
2009	0.00%	0.15%
2008	0.00%	0.23%
2007	0.00%	0.11%