FCA vs HSMV

Comparison between FIRST TRUST CHINA ALPHADEX FUND (FCA, ETF) and FIRST TRUST HORIZON MANAGED VOLATILITY SMALL/MID ETF (HSMV, ETF).

5-Year PerformanceHSMV has outperformed FCA, delivering a return of +5.1% compared to +2.1%

FCA vs HSMV - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FCA(ETF)	HSMV(ETF)
Net Assets	$35M	$35M
Expense Ratio	0.80%	0.80%
Max Drawdown	51.39%	19.84%
Sharpe Ratio	0.39	0.68
5Y Beta	0.64	0.50
P/E Ratio	N/A	16.44
Forward P/E	N/A	15.21
5Y Dividends CAGR	-5.46%	23.96%
5Y EPS CAGR	N/A	6.45%
Debt to Equity	N/A	48.17%
P/S Ratio	N/A	1.64
P/B Ratio	N/A	1.77

Net Assets

FCA

$35M

HSMV

$35M

Expense Ratio

FCA

0.80%

HSMV

0.80%

Max Drawdown

FCA

51.39%

Winner

HSMV

19.84%

Sharpe Ratio

FCA

0.39

Winner

HSMV

0.68

5Y Beta

FCA

0.64

Winner

HSMV

0.50

P/E Ratio

FCA

N/A

HSMV

16.44

Forward P/E

FCA

N/A

HSMV

15.21

5Y Dividends CAGR

FCA

-5.46%

Winner

HSMV

23.96%

5Y EPS CAGR

FCA

N/A

HSMV

6.45%

Debt to Equity

FCA

N/A

HSMV

48.17%

P/S Ratio

FCA

N/A

HSMV

1.64

P/B Ratio

FCA

N/A

HSMV

1.77

FCA vs HSMV - Historical Returns

Returns include dividend reinvestment.

Period	FCA	HSMV
1 month	-9.50%	+4.27%
3 months	-16.36%	+3.47%
6 months	-13.48%	+5.90%
1 year	+7.31%	+11.19%
5 years(CAGR)	+2.11%	+5.14%
10 years(CAGR)	+7.68%	N/A
Max(CAGR)	+2.66%	+11.66%

FCA

-9.50%

Winner

HSMV

+4.27%

FCA

-16.36%

Winner

HSMV

+3.47%

FCA

-13.48%

Winner

HSMV

+5.90%

FCA

+7.31%

Winner

HSMV

+11.19%

5Y(CAGR)

FCA

+2.11%

Winner

HSMV

+5.14%

10Y(CAGR)

FCA

+7.68%

HSMV

N/A

Max(CAGR)

FCA

+2.66%

Winner

HSMV

+11.66%

FCA vs HSMV - Annual Returns (2011 - 2026)

Returns include dividend reinvestment.

Year	FCA	HSMV
2026	-7.90%	+9.61%
2025	+46.63%	+2.19%
2024	+14.89%	+13.29%
2023	-11.07%	+4.87%
2022	-19.20%	-9.51%
2021	-0.35%	+25.06%
2020	+9.99%	+34.69%
2019	+19.40%	N/A
2018	-20.75%	N/A
2017	+60.19%	N/A
2016	-0.94%	N/A
2015	-7.81%	N/A
2014	-0.40%	N/A
2013	-6.05%	N/A
2012	+30.30%	N/A
2011	-35.23%	N/A

FCA vs HSMV Drawdown Comparison

The maximum drawdown for FCA was -45.59%, occurring on Feb 11, 2016. Recovery took 598 trading sessions.

The maximum drawdown for HSMV was -19.16%, occurring on Sep 30, 2022. Recovery took 590 trading sessions.

The current FCA drawdown is -21.50%. The current HSMV drawdown is -1.30%.

Rank	FCA	HSMV
#1	-45.59% May 4, 2015 - Sep 15, 2017	-19.16% Jan 4, 2022 - May 10, 2024
#2	-45.41% Apr 21, 2011 - Apr 9, 2015	-15.45% Nov 25, 2024 - Feb 6, 2026
#3	-42.46% Sep 13, 2021 - Aug 15, 2025	-9.48% Aug 12, 2020 - Nov 9, 2020
#4	-39.97% Jan 26, 2018 - Feb 16, 2021	-8.83% Jun 8, 2020 - Aug 7, 2020
#5	-24.13% May 13, 2026 - Jul 17, 2026	-8.59% Apr 29, 2020 - May 26, 2020
#6	-13.69% Feb 17, 2021 - Jun 1, 2021	-7.83% Mar 2, 2026 - Jun 26, 2026
#7	-11.39% Oct 5, 2017 - Jan 2, 2018	-6.87% Nov 15, 2021 - Dec 28, 2021
#8	-10.09% Jun 28, 2021 - Sep 8, 2021	-5.35% Jul 30, 2024 - Aug 23, 2024
#9	-10.03% Mar 2, 2026 - May 13, 2026	-4.86% Sep 2, 2021 - Oct 21, 2021
#10	-8.34% Sep 21, 2017 - Oct 5, 2017	-4.38% Apr 9, 2020 - Apr 27, 2020
#11	-6.58% Nov 14, 2025 - Jan 5, 2026	-4.35% Jun 11, 2021 - Aug 27, 2021
#12	-6.44% Oct 8, 2025 - Nov 11, 2025	-4.07% Jan 25, 2021 - Feb 5, 2021
#13	-5.31% Jan 29, 2026 - Feb 10, 2026	-3.93% Mar 15, 2021 - Apr 5, 2021
#14	-4.26% Aug 26, 2025 - Sep 9, 2025	-3.84% May 15, 2024 - Jul 11, 2024
#15	-4.02% Jun 14, 2021 - Jun 25, 2021	-3.79% May 7, 2021 - Jun 8, 2021

Correlation

Correlation between FCA and HSMV is 0.51 which considered as a moderate positive correlation - the stocks show some tendency to move together.

0.51

-101

Dividend Comparison (2011 - 2026)

FCA vs HSMV dividend yield comparison.

Year	FCA	HSMV
2026	1.50%	0.69%
2025	2.67%	2.01%
2024	5.17%	1.43%
2023	5.70%	1.43%
2022	6.00%	1.26%
2021	4.91%	0.76%
2020	4.12%	0.80%
2019	3.73%	0.00%
2018	3.10%	0.00%
2017	2.30%	0.00%
2016	2.51%	0.00%
2015	4.13%	0.00%
2014	2.47%	0.00%
2013	2.86%	0.00%
2012	1.46%	0.00%
2011	2.29%	0.00%