EMHY vs FNY

Comparison between ISHARES J.P. MORGAN EM HIGH YIELD BOND ETF (EMHY, ETF) and FIRST TRUST MID CAP GROWTH ALPHADEX FUND (FNY, ETF).

5-Year PerformanceFNY has outperformed EMHY, delivering a return of +7.7% compared to +4.4%

EMHY vs FNY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	EMHY(ETF)	FNY(ETF)
Net Assets	$607M	$615M
Expense Ratio	0.50%	0.73%
Max Drawdown	43.77%	38.91%
Sharpe Ratio	1.24	0.95
5Y Beta	0.29	1.16
P/E Ratio	N/A	63.90
Forward P/E	N/A	21.23
5Y Dividends CAGR	0.69%	28.49%
5Y EPS CAGR	N/A	13.85%
Debt to Equity	N/A	-37.35%
P/S Ratio	N/A	3.23
P/B Ratio	N/A	4.54

Net Assets

EMHY

$607M

Winner

FNY

$615M

Expense Ratio

Winner

EMHY

0.50%

FNY

0.73%

Max Drawdown

EMHY

43.77%

Winner

FNY

38.91%

Sharpe Ratio

Winner

EMHY

1.24

FNY

0.95

5Y Beta

Winner

EMHY

0.29

FNY

1.16

P/E Ratio

EMHY

N/A

FNY

63.90

Forward P/E

EMHY

N/A

FNY

21.23

5Y Dividends CAGR

EMHY

0.69%

Winner

FNY

28.49%

5Y EPS CAGR

EMHY

N/A

FNY

13.85%

Debt to Equity

EMHY

N/A

FNY

-37.35%

P/S Ratio

EMHY

N/A

FNY

3.23

P/B Ratio

EMHY

N/A

FNY

4.54

EMHY vs FNY - Historical Returns

Returns include dividend reinvestment.

Period	EMHY	FNY
1 month	-0.15%	-3.88%
3 months	+1.33%	+4.76%
6 months	+2.69%	+6.29%
1 year	+10.86%	+25.46%
5 years(CAGR)	+4.43%	+7.65%
10 years(CAGR)	+4.28%	+13.32%
Max(CAGR)	+4.95%	+11.55%

Winner

EMHY

-0.15%

FNY

-3.88%

EMHY

+1.33%

Winner

FNY

+4.76%

EMHY

+2.69%

Winner

FNY

+6.29%

EMHY

+10.86%

Winner

FNY

+25.46%

5Y(CAGR)

EMHY

+4.43%

Winner

FNY

+7.65%

10Y(CAGR)

EMHY

+4.28%

Winner

FNY

+13.32%

Max(CAGR)

EMHY

+4.95%

Winner

FNY

+11.55%

EMHY vs FNY - Annual Returns (2011 - 2026)

Returns include dividend reinvestment.

Year	EMHY	FNY
2026	+3.29%	+12.57%
2025	+13.16%	+13.68%
2024	+12.94%	+19.64%
2023	+10.68%	+22.92%
2022	-12.40%	-23.74%
2021	-1.83%	+14.74%
2020	+3.40%	+36.26%
2019	+12.72%	+32.87%
2018	-5.59%	-8.16%
2017	+8.51%	+24.37%
2016	+15.66%	+11.51%
2015	+1.72%	-0.73%
2014	+1.66%	+6.60%
2013	-6.95%	+33.44%
2012	+18.07%	+9.65%
2011	N/A	-8.53%

EMHY vs FNY Drawdown Comparison

The maximum drawdown for EMHY was -30.11%, occurring on Mar 18, 2020. Recovery took 204 trading sessions.

The maximum drawdown for FNY was -38.91%, occurring on Mar 23, 2020. Recovery took 115 trading sessions.

The current EMHY drawdown is -0.58%. The current FNY drawdown is -5.68%.

Rank	EMHY	FNY
#1	-30.11% Feb 14, 2020 - Dec 4, 2020	-38.91% Feb 19, 2020 - Aug 3, 2020
#2	-25.84% Sep 14, 2021 - Jul 31, 2024	-33.94% Nov 8, 2021 - Sep 19, 2024
#3	-14.90% Jul 24, 2014 - Apr 19, 2016	-29.03% Sep 14, 2018 - Jul 24, 2019
#4	-14.03% May 9, 2013 - May 23, 2014	-25.68% Jul 7, 2011 - Jan 15, 2013
#5	-9.70% Jan 5, 2018 - Mar 15, 2019	-24.97% Nov 25, 2024 - Aug 28, 2025
#6	-6.31% May 7, 2012 - Jul 6, 2012	-19.89% Jun 23, 2015 - Sep 2, 2016
#7	-5.96% Feb 28, 2025 - May 16, 2025	-13.89% Feb 12, 2021 - Jun 25, 2021
#8	-5.88% Oct 25, 2016 - Feb 3, 2017	-12.85% Jul 1, 2014 - Nov 24, 2014
#9	-4.47% Dec 30, 2020 - May 25, 2021	-12.01% Jan 22, 2026 - Apr 17, 2026
#10	-4.34% Feb 18, 2026 - Apr 17, 2026	-10.16% Oct 27, 2025 - Dec 11, 2025
#11	-3.99% Jul 26, 2019 - Dec 16, 2019	-9.89% Sep 7, 2016 - Dec 7, 2016
#12	-2.95% Jan 3, 2013 - May 2, 2013	-9.44% Apr 29, 2011 - Jul 6, 2011
#13	-2.73% Oct 19, 2017 - Jan 4, 2018	-9.03% Jan 26, 2018 - Mar 9, 2018
#14	-2.34% Dec 6, 2024 - Jan 30, 2025	-8.54% May 21, 2013 - Jul 22, 2013
#15	-2.20% Sep 7, 2016 - Oct 24, 2016	-8.32% Oct 13, 2020 - Nov 5, 2020

Correlation

Correlation between EMHY and FNY is 0.92 which considered as a very strong positive correlation - the stocks move almost identically together.

0.92

-101

Dividend Comparison (2011 - 2026)

EMHY vs FNY dividend yield comparison.

Year	EMHY	FNY
2026	3.27%	0.00%
2025	6.52%	0.03%
2024	6.86%	0.56%
2023	6.73%	0.24%
2022	7.08%	0.24%
2021	5.58%	0.00%
2020	5.44%	0.25%
2019	5.72%	0.28%
2018	6.79%	0.06%
2017	5.59%	0.21%
2016	6.43%	0.60%
2015	6.99%	0.46%
2014	6.36%	0.22%
2013	6.03%	0.35%
2012	3.54%	0.50%
2011	0.00%	0.02%