FCT vs HEEM

Comparison between First Trust Senior Floting Rate Income Fund II (FCT, ETF) and ISHARES CURRENCY HEDGED MSCI EMERGING MARKETS ETF (HEEM, ETF).

5-Year PerformanceHEEM has outperformed FCT, delivering a return of +8.8% compared to +5.1%

FCT vs HEEM - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FCT(ETF)	HEEM(ETF)
Net Assets	$258M	$258M
Expense Ratio	N/A	0.72%
Max Drawdown	72.72%	35.35%
Sharpe Ratio	0.74	2.09
5Y Beta	0.31	0.72
5Y Dividends CAGR	-1.25%	14.21%

Net Assets

Winner

FCT

$258M

HEEM

$258M

Expense Ratio

FCT

N/A

HEEM

0.72%

Max Drawdown

FCT

72.72%

Winner

HEEM

35.35%

Sharpe Ratio

FCT

0.74

Winner

HEEM

2.09

5Y Beta

Winner

FCT

0.31

HEEM

0.72

5Y Dividends CAGR

FCT

-1.25%

Winner

HEEM

14.21%

FCT vs HEEM - Historical Returns

Returns include dividend reinvestment.

Period	FCT	HEEM
1 month	-1.05%	+0.44%
3 months	+1.16%	+12.89%
6 months	+7.69%	+21.67%
1 year	+9.89%	+50.32%
5 years(CAGR)	+5.14%	+8.77%
10 years(CAGR)	+5.96%	+10.47%
Max(CAGR)	+4.36%	+8.15%

FCT

-1.05%

Winner

HEEM

+0.44%

FCT

+1.16%

Winner

HEEM

+12.89%

FCT

+7.69%

Winner

HEEM

+21.67%

FCT

+9.89%

Winner

HEEM

+50.32%

5Y(CAGR)

FCT

+5.14%

Winner

HEEM

+8.77%

10Y(CAGR)

FCT

+5.96%

Winner

HEEM

+10.47%

Max(CAGR)

FCT

+4.36%

Winner

HEEM

+8.15%

FCT vs HEEM - Annual Returns (2004 - 2026)

Returns include dividend reinvestment.

Year	FCT	HEEM
2026	+0.88%	+17.66%
2025	+8.24%	+34.47%
2024	+16.34%	+13.00%
2023	+17.29%	+8.27%
2022	-14.17%	-17.43%
2021	+14.07%	-2.74%
2020	+2.88%	+15.36%
2019	+17.89%	+17.92%
2018	-8.16%	-12.68%
2017	-1.63%	+26.04%
2016	+20.96%	+11.00%
2015	+1.15%	-9.15%
2014	-4.54%	-1.12%
2013	-1.00%	N/A
2012	+20.82%	N/A
2011	+0.14%	N/A
2010	+21.46%	N/A
2009	+63.87%	N/A
2008	-49.92%	N/A
2007	-9.25%	N/A
2006	+15.61%	N/A
2005	-2.71%	N/A
2004	-5.57%	N/A

FCT vs HEEM Drawdown Comparison

The maximum drawdown for FCT was -67.23%, occurring on Dec 15, 2008. Recovery took 954 trading sessions.

The maximum drawdown for HEEM was -33.53%, occurring on Oct 24, 2022. Recovery took 1097 trading sessions.

The current FCT drawdown is -1.15%. The current HEEM drawdown is -7.80%.

Rank	FCT	HEEM
#1	-67.23% Jun 22, 2007 - Apr 5, 2011	-33.53% Feb 17, 2021 - Jul 1, 2025
#2	-39.88% Jan 24, 2020 - Dec 8, 2020	-28.82% Jan 26, 2018 - Aug 5, 2020
#3	-23.85% Apr 20, 2022 - May 15, 2024	-27.54% Apr 27, 2015 - Jul 11, 2017
#4	-20.17% May 19, 2011 - Mar 16, 2012	-10.83% Feb 25, 2026 - Apr 17, 2026
#5	-16.16% Mar 8, 2013 - Aug 5, 2016	-8.71% Nov 21, 2014 - Jan 22, 2015
#6	-14.90% May 1, 2018 - Nov 26, 2019	-7.80% Jun 2, 2026 - Jun 5, 2026
#7	-11.61% Feb 14, 2025 - Jun 26, 2025	-5.70% Aug 26, 2020 - Oct 12, 2020
#8	-10.68% Jul 7, 2004 - Jun 22, 2006	-5.39% Nov 21, 2017 - Jan 2, 2018
#9	-8.32% Nov 2, 2012 - Jan 4, 2013	-5.25% Jan 25, 2021 - Feb 5, 2021
#10	-7.56% Sep 15, 2021 - Mar 18, 2022	-4.29% Feb 20, 2015 - Apr 2, 2015
#11	-6.87% Apr 2, 2012 - Jul 17, 2012	-4.17% Oct 8, 2025 - Oct 20, 2025
#12	-5.10% Mar 10, 2017 - Mar 26, 2018	-4.14% Oct 29, 2025 - Dec 4, 2025
#13	-5.03% Sep 2, 2025 - Dec 10, 2025	-4.13% May 11, 2026 - May 26, 2026
#14	-4.83% Oct 4, 2012 - Nov 2, 2012	-3.56% Jan 22, 2015 - Feb 13, 2015
#15	-4.75% Aug 1, 2024 - Aug 26, 2024	-3.36% Oct 6, 2014 - Oct 31, 2014

Correlation

Correlation between FCT and HEEM is 0.90 which considered as a strong positive correlation - the stocks tend to move together.

0.90

-101

Dividend Comparison (2004 - 2026)

FCT vs HEEM dividend yield comparison.

Year	FCT	HEEM
2026	6.08%	0.00%
2025	11.56%	3.98%
2024	11.25%	2.38%
2023	10.62%	2.75%
2022	9.03%	7.49%
2021	9.23%	1.93%
2020	9.88%	1.49%
2019	6.60%	3.04%
2018	6.49%	2.37%
2017	6.16%	2.05%
2016	6.11%	1.84%
2015	7.17%	6.28%
2014	6.51%	2.04%
2013	6.40%	0.00%
2012	6.49%	0.00%
2011	6.80%	0.00%
2010	3.88%	0.00%
2009	4.26%	0.00%
2008	13.59%	0.00%
2007	9.62%	0.00%
2006	8.11%	0.00%
2005	7.20%	0.00%
2004	2.91%	0.00%