FCEF vs JPY
Comparison between FIRST TRUST INCOME OPPORTUNITIES ETF (FCEF, ETF) and LAZARD JAPANESE EQUITY ETF (JPY, ETF).
FCEF vs JPY - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
FCEF
$75M
Winner
JPY
$75M
Expense Ratio
FCEF
3.69%
Winner
JPY
0.60%
Max Drawdown
FCEF
45.08%
Winner
JPY
15.13%
Sharpe Ratio
Winner
FCEF
1.36
JPY
1.26
5Y Beta
Winner
FCEF
0.52
JPY
0.86
5Y Dividends CAGR
FCEF
7.77%
JPY
N/A
FCEF vs JPY - Holdings Comparison
FCEF and JPY have 0 common holdings. Overlap is 0.00%
FCEF's top 25 holdings weight is 67.18%. JPY's top 25 holdings weight is 64.50%.
| Rank | FCEF | JPY |
|---|---|---|
| #1 | EATON VANCE TAX ADVGD GBL DIV INC FD (ETG) - 4.00% | MITSUBISHI UFJ FINANCIAL GROUP INC (n/a) - 4.99% |
| #2 | INVESCO VARIABLE RATE INVESTMENT GRD ETF (VRIG) - 3.81% | SUMITOMO MITSUI FINANCIAL GROUP INC (n/a) - 4.24% |
| #3 | ABRDN GLOBAL INFRASTRUCTURE INCOME FUND (ASGI) - 3.52% | SOFTBANK GROUP CORP (n/a) - 3.81% |
| #4 | ABRDN HEALTHCARE OPPORTUNITIES FUND (THQ) - 3.39% | HITACHI LTD (n/a) - 3.43% |
| #5 | ABRDN HEALTHCARE INVESTORS (HQH) - 3.37% | MIZUHO FINANCIAL GROUP INC (n/a) - 3.32% |
| #6 | SOURCE CAPITAL INC (SOR) - 3.27% | TOKYO ELECTRON LTD (n/a) - 3.23% |
| #7 | JOHN HANCOCK TAX-ADVANTAGED DIV INC FD (HTD) - 3.26% | RECRUIT HOLDINGS CO LTD (n/a) - 3.03% |
| #8 | EATON VANCE TAX-ADVTGD GLOBAL DIVID OPPO (ETO) - 3.24% | SONY GROUP CORP (n/a) - 2.83% |
| #9 | EATON VANCE TAX ADVANTAGED DIVIDEND INCOME FUND (EVT) - 3.19% | TOKIO MARINE HOLDINGS INC (n/a) - 2.82% |
| #10 | GABELLI DIVIDEND & INCOME TRUST (GDV) - 2.88% | TDK CORP (n/a) - 2.57% |
| #11 | BLACKROCK SCIENCE AND TECHNOLOGY TRUST (BST) - 2.70% | MITSUBISHI ELECTRIC CORP (n/a) - 2.35% |
| #12 | COHEN & STEERS INFRASTRUCTURE FUND INC (UTF) - 2.61% | KEYENCE CORP (n/a) - 2.33% |
| #13 | COHEN & STEERS REIT AND PREFERRED INCOME FUND INC (RNP) - 2.50% | MITSUBISHI CORP (n/a) - 2.29% |
| #14 | NUVEEN PREFERRED & INCOME OPPORTUNITIES FUND (JPC) - 2.46% | MURATA MANUFACTURING CO LTD (n/a) - 2.25% |
| #15 | PGIM GLOBAL HIGH YIELD FUND, INC (GHY) - 2.43% | RESONA HOLDINGS INC (n/a) - 2.22% |
| #16 | NUVEEN CREDIT STRATEGIES INCOME FUND (JQC) - 2.38% | SHIN-ETSU CHEMICAL CO LTD (n/a) - 2.22% |
| #17 | MORGAN STANLEY INSTL LQUDTY TRS INSTL (MISXX) - 2.25% | TAKEDA PHARMACEUTICAL CO LTD (n/a) - 2.01% |
| #18 | NUVEEN VARIABLE RATE PREFERRED&INCOME (NPFD) - 2.24% | ORIX CORP (n/a) - 1.98% |
| #19 | WESTERN ASSET DIVERSIFIED INCOME FUND (WDI) - 2.21% | KOMATSU LTD (n/a) - 1.96% |
| #20 | GENERAL AMERICAN INVESTORS CO INC (GAM) - 2.06% | DISCO CORP (n/a) - 1.86% |
| #21 | CENTRAL SECURITIES CORP (CET) - 2.01% | NTT INC (n/a) - 1.82% |
| #22 | WESTERN ASSET INFLATION-LINKED OPPORTUNITIES AND INCOME FUND (WIW) - 1.94% | DAIKIN INDUSTRIES LTD (n/a) - 1.77% |
| #23 | REAVES UTILITY INCOME FUND (UTG) - 1.89% | SMC CORP (n/a) - 1.76% |
| #24 | BLACKROCK CAPITAL ALLOCATION TRUST (BCAT) - 1.84% | NIPPON SANSO HOLDINGS CORP (n/a) - 1.72% |
| #25 | BROOKFIELD REAL ASSETS INCOME FUND INC. (RA) - 1.73% | TOYOTA TSUSHO CORP (n/a) - 1.69% |
| Total Holdings | 49 | 61 |
FCEF vs JPY - Historical Returns
Returns include dividend reinvestment.
1M
FCEF
-0.60%
Winner
JPY
+3.99%
3M
FCEF
+2.35%
Winner
JPY
+8.98%
6M
FCEF
+6.06%
Winner
JPY
+13.83%
1Y
FCEF
+15.15%
Winner
JPY
+31.62%
5Y(CAGR)
FCEF
+5.64%
JPY
N/A
10Y(CAGR)
FCEF
+8.06%
JPY
N/A
Max(CAGR)
FCEF
+8.06%
Winner
JPY
+49.43%
FCEF vs JPY - Annual Returns (2016 - 2026)
Returns include dividend reinvestment.
| Year | FCEF | JPY |
|---|---|---|
| 2026 | +5.40% | +13.22% |
| 2025 | +14.75% | +39.85% |
| 2024 | +17.46% | N/A |
| 2023 | +9.76% | N/A |
| 2022 | -19.62% | N/A |
| 2021 | +20.61% | N/A |
| 2020 | +3.39% | N/A |
| 2019 | +27.64% | N/A |
| 2018 | -10.18% | N/A |
| 2017 | +14.94% | N/A |
| 2016 | +1.17% | N/A |
FCEF vs JPY Drawdown Comparison
The maximum drawdown for FCEF was -44.80%, occurring on Mar 18, 2020. Recovery took 224 trading sessions.
The maximum drawdown for JPY was -15.13%, occurring on Mar 20, 2026. Recovery took 74 trading sessions.
The current FCEF drawdown is -2.02%. The current JPY drawdown is -2.71%.
| Rank | FCEF | JPY |
|---|---|---|
| #1 | -44.80% Feb 19, 2020 - Jan 7, 2021 | -15.13% Feb 11, 2026 - May 29, 2026 |
| #2 | -25.29% Sep 7, 2021 - Jul 16, 2024 | -6.35% Oct 6, 2025 - Oct 28, 2025 |
| #3 | -17.78% Aug 29, 2018 - Apr 5, 2019 | -5.93% Oct 28, 2025 - Dec 15, 2025 |
| #4 | -12.39% Feb 18, 2025 - Jun 3, 2025 | -4.47% Jul 24, 2025 - Aug 8, 2025 |
| #5 | -7.03% Mar 2, 2026 - Apr 30, 2026 | -3.86% Jun 27, 2025 - Jul 23, 2025 |
| #6 | -6.94% Oct 10, 2016 - Jan 5, 2017 | -3.73% Apr 9, 2025 - Apr 14, 2025 |
| #7 | -6.90% Jan 26, 2018 - Jul 24, 2018 | -3.49% Jun 2, 2025 - Jun 27, 2025 |
| #8 | -5.39% Dec 5, 2024 - Feb 5, 2025 | -2.91% Aug 15, 2025 - Sep 8, 2025 |
| #9 | -4.87% Jul 12, 2021 - Aug 12, 2021 | -2.71% Jun 4, 2026 - Jun 5, 2026 |
| #10 | -4.52% Jul 31, 2024 - Aug 19, 2024 | -2.41% Jan 15, 2026 - Feb 3, 2026 |
| #11 | -4.07% May 6, 2019 - Jun 18, 2019 | -2.39% Dec 15, 2025 - Jan 5, 2026 |
| #12 | -3.94% Jul 16, 2019 - Sep 13, 2019 | -1.81% May 27, 2025 - Jun 2, 2025 |
| #13 | -3.57% Oct 13, 2017 - Dec 28, 2017 | -1.60% May 12, 2025 - May 20, 2025 |
| #14 | -3.55% Aug 1, 2017 - Sep 18, 2017 | -1.52% Apr 29, 2025 - May 12, 2025 |
| #15 | -3.23% Feb 12, 2021 - Mar 15, 2021 | -1.50% Sep 22, 2025 - Oct 3, 2025 |
Correlation
Correlation between FCEF and JPY is 0.97 which considered as a very strong positive correlation - the stocks move almost identically together.
0.97
-101
Dividend Comparison (2016 - 2026)
FCEF vs JPY dividend yield comparison.
| Year | FCEF | JPY |
|---|---|---|
| 2026 | 2.90% | 0.00% |
| 2025 | 7.05% | 2.38% |
| 2024 | 7.13% | 0.00% |
| 2023 | 7.17% | 0.00% |
| 2022 | 7.26% | 0.00% |
| 2021 | 4.74% | 0.00% |
| 2020 | 5.03% | 0.00% |
| 2019 | 5.07% | 0.00% |
| 2018 | 5.96% | 0.00% |
| 2017 | 4.90% | 0.00% |
| 2016 | 1.51% | 0.00% |
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