FCVT vs ERH

Comparison between FIRST TRUST SSI STRATEGIC CONVERTIBLE SECURITIES ETF (FCVT, ETF) and Allspring Utilities and High Income Fund (ERH, ETF).

5-Year PerformanceFCVT has outperformed ERH, delivering a return of +5.8% compared to +4.8%

FCVT vs ERH - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FCVT(ETF)	ERH(ETF)
Net Assets	$121M	$121M
Expense Ratio	0.95%	N/A
Max Drawdown	47.09%	74.70%
Sharpe Ratio	1.23	0.51
5Y Beta	0.69	0.28
5Y Dividends CAGR	-6.37%	4.73%

Net Assets

Winner

FCVT

$121M

ERH

$121M

Expense Ratio

FCVT

0.95%

ERH

N/A

Max Drawdown

Winner

FCVT

47.09%

ERH

74.70%

Sharpe Ratio

Winner

FCVT

1.23

ERH

0.51

5Y Beta

FCVT

0.69

Winner

ERH

0.28

5Y Dividends CAGR

FCVT

-6.37%

Winner

ERH

4.73%

FCVT vs ERH - Historical Returns

Returns include dividend reinvestment.

Period	FCVT	ERH
1 month	-5.73%	+2.25%
3 months	+2.56%	-0.18%
6 months	+9.90%	+7.27%
1 year	+27.51%	+9.13%
5 years(CAGR)	+5.80%	+4.79%
10 years(CAGR)	+11.36%	+6.51%
Max(CAGR)	+10.76%	+7.11%

FCVT

-5.73%

Winner

ERH

+2.25%

Winner

FCVT

+2.56%

ERH

-0.18%

Winner

FCVT

+9.90%

ERH

+7.27%

Winner

FCVT

+27.51%

ERH

+9.13%

5Y(CAGR)

Winner

FCVT

+5.80%

ERH

+4.79%

10Y(CAGR)

Winner

FCVT

+11.36%

ERH

+6.51%

Max(CAGR)

Winner

FCVT

+10.76%

ERH

+7.11%

FCVT vs ERH - Annual Returns (2004 - 2026)

Returns include dividend reinvestment.

Year	FCVT	ERH
2026	+15.56%	+6.03%
2025	+20.22%	+19.30%
2024	+13.11%	+24.86%
2023	+7.56%	-11.14%
2022	-20.95%	-18.66%
2021	+4.81%	+24.09%
2020	+49.75%	-2.29%
2019	+22.39%	+31.38%
2018	-2.62%	-8.20%
2017	+13.40%	+18.00%
2016	+8.21%	+15.44%
2015	-1.96%	-7.58%
2014	N/A	+16.65%
2013	N/A	+13.20%
2012	N/A	+9.30%
2011	N/A	+3.37%
2010	N/A	-17.01%
2009	N/A	+39.98%
2008	N/A	-51.44%
2007	N/A	+16.01%
2006	N/A	+63.33%
2005	N/A	+15.48%
2004	N/A	+9.31%

FCVT vs ERH Drawdown Comparison

The maximum drawdown for FCVT was -31.85%, occurring on Oct 27, 2023. Recovery took 1149 trading sessions.

The maximum drawdown for ERH was -69.81%, occurring on Mar 9, 2009. Recovery took 2326 trading sessions.

The current FCVT drawdown is -7.89%. The current ERH drawdown is -4.05%.

Rank	FCVT	ERH
#1	-31.85% Feb 12, 2021 - Sep 11, 2025	-69.81% Jan 11, 2008 - Apr 7, 2017
#2	-29.90% Feb 19, 2020 - Jun 8, 2020	-46.06% Feb 20, 2020 - Jun 10, 2021
#3	-20.07% Apr 20, 2016 - Oct 5, 2017	-37.84% Dec 15, 2021 - Jun 3, 2025
#4	-14.24% Sep 4, 2018 - Mar 21, 2019	-25.62% Apr 12, 2007 - Oct 23, 2007
#5	-12.97% Nov 17, 2015 - Apr 20, 2016	-14.12% May 3, 2004 - Nov 4, 2004
#6	-9.71% Jun 22, 2026 - Jul 16, 2026	-13.93% Dec 12, 2017 - Aug 10, 2018
#7	-8.47% Jan 28, 2026 - Apr 9, 2026	-13.90% Nov 13, 2007 - Dec 31, 2007
#8	-8.16% Sep 1, 2020 - Oct 12, 2020	-12.90% Sep 13, 2018 - Feb 4, 2019
#9	-7.44% Nov 3, 2025 - Jan 6, 2026	-12.85% Sep 14, 2021 - Dec 6, 2021
#10	-6.84% Jan 23, 2018 - Mar 9, 2018	-10.95% Jan 3, 2007 - Mar 21, 2007
#11	-6.79% Jun 2, 2026 - Jun 22, 2026	-9.36% Oct 7, 2025 - Feb 25, 2026
#12	-5.09% Oct 13, 2020 - Nov 5, 2020	-8.83% May 4, 2026 - May 18, 2026
#13	-4.97% Mar 12, 2018 - May 30, 2018	-8.38% Feb 27, 2026 - May 1, 2026
#14	-4.70% Jun 8, 2020 - Jun 22, 2020	-7.79% Oct 4, 2005 - Jan 18, 2006
#15	-4.69% Jan 20, 2021 - Feb 4, 2021	-6.40% Mar 7, 2005 - Jun 7, 2005

Correlation

Correlation between FCVT and ERH is 0.93 which considered as a very strong positive correlation - the stocks move almost identically together.

0.93

-101

Dividend Comparison (2004 - 2026)

FCVT vs ERH dividend yield comparison.

Year	FCVT	ERH
2026	0.63%	5.01%
2025	1.98%	8.13%
2024	1.30%	7.15%
2023	1.76%	9.19%
2022	3.71%	8.09%
2021	23.07%	5.86%
2020	1.72%	7.20%
2019	1.60%	6.53%
2018	1.85%	8.06%
2017	2.18%	6.82%
2016	1.88%	7.53%
2015	0.59%	8.04%
2014	0.00%	7.03%
2013	0.00%	7.63%
2012	0.00%	8.05%
2011	0.00%	8.07%
2010	0.00%	8.67%
2009	0.00%	8.96%
2008	0.00%	23.94%
2007	0.00%	15.45%
2006	0.00%	12.10%
2005	0.00%	20.46%
2004	0.00%	5.12%