FCVT vs MRNY

Comparison between FIRST TRUST SSI STRATEGIC CONVERTIBLE SECURITIES ETF (FCVT, ETF) and YIELDMAX(R) MRNA OPTION INCOME STRATEGY ETF (MRNY, ETF).

FCVT vs MRNY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FCVT(ETF)	MRNY(ETF)
Net Assets	$121M	$121M
Expense Ratio	0.95%	1.00%
Max Drawdown	47.09%	94.55%
Sharpe Ratio	1.27	0.94
5Y Beta	0.69	1.12
5Y Dividends CAGR	-6.37%	N/A

Net Assets

FCVT

$121M

Winner

MRNY

$121M

Expense Ratio

Winner

FCVT

0.95%

MRNY

1.00%

Max Drawdown

Winner

FCVT

47.09%

MRNY

94.55%

Sharpe Ratio

Winner

FCVT

1.27

MRNY

0.94

5Y Beta

Winner

FCVT

0.69

MRNY

1.12

5Y Dividends CAGR

FCVT

-6.37%

MRNY

N/A

FCVT vs MRNY - Historical Returns

Returns include dividend reinvestment.

Period	FCVT	MRNY
1 month	-7.07%	-0.36%
3 months	+4.17%	+4.69%
6 months	+11.65%	+12.18%
1 year	+29.27%	+51.00%
5 years(CAGR)	+6.09%	N/A
10 years(CAGR)	+11.47%	N/A
Max(CAGR)	+10.86%	-20.23%

FCVT

-7.07%

Winner

MRNY

-0.36%

FCVT

+4.17%

Winner

MRNY

+4.69%

FCVT

+11.65%

Winner

MRNY

+12.18%

FCVT

+29.27%

Winner

MRNY

+51.00%

5Y(CAGR)

FCVT

+6.09%

MRNY

N/A

10Y(CAGR)

FCVT

+11.47%

MRNY

N/A

Max(CAGR)

Winner

FCVT

+10.86%

MRNY

-20.23%

FCVT vs MRNY - Annual Returns (2015 - 2026)

Returns include dividend reinvestment.

Year	FCVT	MRNY
2026	+16.59%	+66.16%
2025	+20.22%	-36.30%
2024	+13.11%	-61.26%
2023	+7.56%	+19.62%
2022	-20.95%	N/A
2021	+4.81%	N/A
2020	+49.75%	N/A
2019	+22.39%	N/A
2018	-2.62%	N/A
2017	+13.40%	N/A
2016	+8.21%	N/A
2015	-1.96%	N/A

FCVT vs MRNY Drawdown Comparison

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

The maximum drawdown for MRNY was -82.16%, occurring on Nov 20, 2025. This drawdown has not yet recovered.

The current FCVT drawdown is -7.07%. The current MRNY drawdown is -63.73%.

Rank	FCVT	MRNY
#1	-31.85% Feb 12, 2021 - Sep 11, 2025	-82.16% May 24, 2024 - Nov 20, 2025
#2	-29.90% Feb 19, 2020 - Jun 8, 2020	-20.83% Jan 8, 2024 - Mar 25, 2024
#3	-20.07% Apr 20, 2016 - Oct 5, 2017	-11.09% Oct 24, 2023 - Dec 11, 2023
#4	-14.24% Sep 4, 2018 - Mar 21, 2019	-6.19% Mar 27, 2024 - Apr 9, 2024
#5	-12.97% Nov 17, 2015 - Apr 20, 2016	-5.56% May 2, 2024 - May 14, 2024
#6	-9.71% Jun 22, 2026 - Jul 16, 2026	-4.28% Dec 11, 2023 - Dec 14, 2023
#7	-8.47% Jan 28, 2026 - Apr 9, 2026	-3.27% Apr 9, 2024 - Apr 24, 2024
#8	-8.16% Sep 1, 2020 - Oct 12, 2020	-2.50% Dec 19, 2023 - Dec 21, 2023
#9	-7.44% Nov 3, 2025 - Jan 6, 2026	-1.45% Apr 24, 2024 - Apr 26, 2024
#10	-6.84% Jan 23, 2018 - Mar 9, 2018	-1.42% Mar 25, 2024 - Mar 27, 2024
#11	-6.79% Jun 2, 2026 - Jun 22, 2026	-0.85% Dec 27, 2023 - Dec 29, 2023
#12	-5.09% Oct 13, 2020 - Nov 5, 2020	-0.72% Apr 29, 2024 - May 1, 2024
#13	-4.97% Mar 12, 2018 - May 30, 2018	-0.67% Dec 15, 2023 - Dec 19, 2023
#14	-4.70% Jun 8, 2020 - Jun 22, 2020	-0.55% May 22, 2024 - May 24, 2024
#15	-4.69% Jan 20, 2021 - Feb 4, 2021	-0.16% Jan 2, 2024 - Jan 4, 2024

Correlation

Correlation between FCVT and MRNY is -0.58 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.58

-101

Dividend Comparison (2015 - 2026)

FCVT vs MRNY dividend yield comparison.

Year	FCVT	MRNY
2026	0.62%	52.85%
2025	1.98%	145.98%
2024	1.30%	178.49%
2023	1.76%	1.75%
2022	3.71%	0.00%
2021	23.07%	0.00%
2020	1.72%	0.00%
2019	1.60%	0.00%
2018	1.85%	0.00%
2017	2.18%	0.00%
2016	1.88%	0.00%
2015	0.59%	0.00%