FAD vs CMBS

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

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

FAD vs CMBS - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

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

Net Assets

FAD

$480M

Winner

CMBS

$481M

Expense Ratio

FAD

0.63%

Winner

CMBS

0.25%

Max Drawdown

FAD

54.47%

Winner

CMBS

20.92%

Sharpe Ratio

Winner

FAD

1.29

CMBS

0.11

5Y Beta

FAD

1.11

Winner

CMBS

0.00

P/E Ratio

FAD

55.12

CMBS

N/A

Forward P/E

FAD

21.31

CMBS

N/A

5Y Dividends CAGR

FAD

-11.95%

Winner

CMBS

3.22%

5Y EPS CAGR

FAD

16.73%

CMBS

N/A

Debt to Equity

FAD

32.63%

CMBS

N/A

P/S Ratio

FAD

3.28

CMBS

N/A

P/B Ratio

FAD

5.43

CMBS

N/A

FAD vs CMBS - Historical Returns

Returns include dividend reinvestment.

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

Winner

FAD

+1.19%

CMBS

+0.03%

Winner

FAD

+11.03%

CMBS

-0.89%

Winner

FAD

+12.13%

CMBS

+0.61%

Winner

FAD

+29.88%

CMBS

+3.97%

5Y(CAGR)

Winner

FAD

+10.46%

CMBS

+0.81%

10Y(CAGR)

Winner

FAD

+14.12%

CMBS

+2.06%

Max(CAGR)

Winner

FAD

+10.42%

CMBS

+2.38%

FAD vs CMBS - Annual Returns (2007 - 2026)

Returns include dividend reinvestment.

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

FAD vs CMBS Drawdown Comparison

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

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

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

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

Correlation

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

0.89

-101

Dividend Comparison (2007 - 2026)

FAD vs CMBS dividend yield comparison.

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