FEM vs ACP

Comparison between FIRST TRUST EMERGING MARKETS ALPHADEX FUND (FEM, ETF) and abrdn Income Credit Strategies Fund (ACP, ETF).

5-Year PerformanceFEM has outperformed ACP, delivering a return of +6.3% compared to -0.3%

FEM vs ACP - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FEM(ETF)	ACP(ETF)
Net Assets	$742M	$741M
Expense Ratio	0.80%	N/A
Max Drawdown	49.78%	74.63%
Sharpe Ratio	1.54	0.19
5Y Beta	0.66	0.44
5Y Dividends CAGR	4.66%	-4.25%

Net Assets

Winner

FEM

$742M

ACP

$741M

Expense Ratio

FEM

0.80%

ACP

N/A

Max Drawdown

Winner

FEM

49.78%

ACP

74.63%

Sharpe Ratio

Winner

FEM

1.54

ACP

0.19

5Y Beta

FEM

0.66

Winner

ACP

0.44

5Y Dividends CAGR

Winner

FEM

4.66%

ACP

-4.25%

FEM vs ACP - Historical Returns

Returns include dividend reinvestment.

Period	FEM	ACP
1 month	-6.60%	-1.74%
3 months	+5.36%	+0.25%
6 months	+15.85%	+4.72%
1 year	+34.98%	+5.40%
5 years(CAGR)	+6.25%	-0.29%
10 years(CAGR)	+9.14%	+5.91%
Max(CAGR)	+3.71%	+3.82%

FEM

-6.60%

Winner

ACP

-1.74%

Winner

FEM

+5.36%

ACP

+0.25%

Winner

FEM

+15.85%

ACP

+4.72%

Winner

FEM

+34.98%

ACP

+5.40%

5Y(CAGR)

Winner

FEM

+6.25%

ACP

-0.29%

10Y(CAGR)

Winner

FEM

+9.14%

ACP

+5.91%

Max(CAGR)

FEM

+3.71%

Winner

ACP

+3.82%

FEM vs ACP - Annual Returns (2011 - 2026)

Returns include dividend reinvestment.

Year	FEM	ACP
2026	+12.63%	+3.43%
2025	+28.57%	+5.93%
2024	+3.92%	+5.60%
2023	+10.62%	+19.76%
2022	-15.44%	-23.35%
2021	+5.51%	+7.71%
2020	-3.18%	+6.87%
2019	+20.62%	+26.10%
2018	-16.98%	-18.22%
2017	+39.11%	+15.45%
2016	+18.71%	+34.16%
2015	-13.48%	-16.79%
2014	-8.74%	-3.22%
2013	-5.37%	+4.62%
2012	+18.21%	+26.22%
2011	-23.58%	-17.10%

FEM vs ACP Drawdown Comparison

The maximum drawdown for FEM was -46.21%, occurring on Mar 18, 2020. Recovery took 825 trading sessions.

The maximum drawdown for ACP was -51.03%, occurring on Mar 18, 2020. Recovery took 205 trading sessions.

The current FEM drawdown is -7.20%. The current ACP drawdown is -6.99%.

Rank	FEM	ACP
#1	-46.21% Jan 26, 2018 - May 7, 2021	-51.03% Feb 21, 2020 - Dec 11, 2020
#2	-41.78% Apr 27, 2011 - Aug 24, 2017	-40.93% May 10, 2021 - Oct 14, 2022
#3	-31.71% Sep 13, 2021 - May 17, 2024	-36.37% Jul 10, 2014 - Dec 28, 2016
#4	-18.82% May 17, 2024 - Jun 11, 2025	-28.16% Oct 1, 2018 - Feb 10, 2020
#5	-9.31% Feb 25, 2026 - Apr 9, 2026	-26.15% Jul 13, 2011 - Oct 4, 2012
#6	-8.61% Jun 2, 2021 - Sep 7, 2021	-15.99% Apr 17, 2013 - Jun 10, 2014
#7	-7.20% May 11, 2026 - Jun 5, 2026	-9.61% Oct 24, 2017 - Jan 8, 2018
#8	-7.06% Oct 5, 2017 - Jan 2, 2018	-6.86% Feb 4, 2011 - Jul 13, 2011
#9	-4.85% Nov 12, 2025 - Dec 23, 2025	-6.55% Mar 1, 2017 - Apr 26, 2017
#10	-4.67% Sep 20, 2017 - Oct 5, 2017	-5.24% Nov 7, 2012 - Dec 10, 2012
#11	-4.66% Jan 28, 2026 - Feb 11, 2026	-5.18% Jan 8, 2018 - May 18, 2018
#12	-4.53% Sep 22, 2025 - Nov 3, 2025	-4.60% May 31, 2017 - Jul 19, 2017
#13	-4.32% May 7, 2021 - Jun 1, 2021	-3.78% Feb 20, 2013 - Mar 8, 2013
#14	-3.00% Jun 12, 2025 - Jun 26, 2025	-3.63% Mar 11, 2013 - Mar 27, 2013
#15	-2.79% Jul 24, 2025 - Aug 6, 2025	-3.48% Aug 7, 2017 - Sep 7, 2017

Correlation

Correlation between FEM and ACP is 0.87 which considered as a strong positive correlation - the stocks tend to move together.

0.87

-101

Dividend Comparison (2011 - 2026)

FEM vs ACP dividend yield comparison.

Year	FEM	ACP
2026	0.11%	7.44%
2025	3.13%	17.19%
2024	3.66%	19.72%
2023	4.96%	17.65%
2022	6.15%	17.70%
2021	4.15%	11.76%
2020	2.68%	12.74%
2019	3.31%	12.27%
2018	3.52%	12.59%
2017	2.45%	10.26%
2016	2.25%	10.72%
2015	3.61%	12.68%
2014	2.85%	12.20%
2013	2.62%	9.15%
2012	2.21%	7.92%
2011	0.92%	8.38%