FEM vs BIT

Comparison between FIRST TRUST EMERGING MARKETS ALPHADEX FUND (FEM, ETF) and BlackRock Multi-Sector Income Trust (BIT, ETF).

5-Year PerformanceFEM has outperformed BIT, delivering a return of +9.3% compared to +2.0%

FEM vs BIT - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FEM(ETF)	BIT(ETF)
Net Assets	$749M	$749M
Expense Ratio	0.80%	N/A
Max Drawdown	49.78%	53.30%
Sharpe Ratio	1.16	-0.88
5Y Beta	0.70	0.35
5Y Dividends CAGR	1.78%	2.15%

Net Assets

Winner

FEM

$749M

BIT

$749M

Expense Ratio

FEM

0.80%

BIT

N/A

Max Drawdown

Winner

FEM

49.78%

BIT

53.30%

Sharpe Ratio

Winner

FEM

1.16

BIT

-0.88

5Y Beta

FEM

0.70

Winner

BIT

0.35

5Y Dividends CAGR

FEM

1.78%

Winner

BIT

2.15%

FEM vs BIT - Historical Returns

Returns include dividend reinvestment.

Period	FEM	BIT
1 month	+4.75%	-2.42%
3 months	+2.92%	-0.71%
6 months	+6.77%	-3.94%
1 year	+28.83%	-2.27%
5 years(CAGR)	+9.33%	+2.00%
10 years(CAGR)	+8.52%	+6.55%
Max(CAGR)	+4.03%	+5.84%

Winner

FEM

+4.75%

BIT

-2.42%

Winner

FEM

+2.92%

BIT

-0.71%

Winner

FEM

+6.77%

BIT

-3.94%

Winner

FEM

+28.83%

BIT

-2.27%

5Y(CAGR)

Winner

FEM

+9.33%

BIT

+2.00%

10Y(CAGR)

Winner

FEM

+8.52%

BIT

+6.55%

Max(CAGR)

FEM

+4.03%

Winner

BIT

+5.84%

FEM vs BIT - Annual Returns (2011 - 2026)

Returns include dividend reinvestment.

Year	FEM	BIT
2026	+19.02%	-1.60%
2025	+28.57%	+2.49%
2024	+3.92%	+7.07%
2023	+10.62%	+16.41%
2022	-15.44%	-14.15%
2021	+5.51%	+15.26%
2020	-3.18%	+19.14%
2019	+20.62%	+12.67%
2018	-16.98%	-7.43%
2017	+39.11%	+18.37%
2016	+18.71%	+17.55%
2015	-13.48%	+2.08%
2014	-8.74%	+5.67%
2013	-5.37%	-8.42%
2012	+18.21%	N/A
2011	-23.58%	N/A

FEM vs BIT Drawdown Comparison

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

The maximum drawdown for BIT was -43.56%, occurring on Mar 18, 2020. Recovery took 175 trading sessions.

The current FEM drawdown is -1.93%. The current BIT drawdown is -6.69%.

Rank	FEM	BIT
#1	-46.21% Jan 26, 2018 - May 7, 2021	-43.56% Dec 2, 2019 - Aug 12, 2020
#2	-41.78% Apr 27, 2011 - Aug 24, 2017	-23.70% Oct 22, 2021 - Jan 25, 2024
#3	-31.71% Sep 13, 2021 - May 17, 2024	-20.34% Mar 25, 2013 - May 12, 2014
#4	-18.82% May 17, 2024 - Jun 11, 2025	-13.52% Aug 28, 2018 - Apr 1, 2019
#5	-10.88% May 11, 2026 - Jul 29, 2026	-10.42% Feb 14, 2025 - Jun 11, 2025
#6	-9.31% Feb 25, 2026 - Apr 9, 2026	-10.24% Apr 28, 2015 - May 9, 2016
#7	-8.61% Jun 2, 2021 - Sep 7, 2021	-8.97% Aug 13, 2025 - Mar 27, 2026
#8	-7.06% Oct 5, 2017 - Jan 2, 2018	-8.06% Sep 7, 2016 - Dec 29, 2016
#9	-4.85% Nov 12, 2025 - Dec 23, 2025	-7.46% Jan 9, 2018 - Aug 14, 2018
#10	-4.67% Sep 20, 2017 - Oct 5, 2017	-7.26% Aug 29, 2014 - Feb 12, 2015
#11	-4.66% Jan 28, 2026 - Feb 11, 2026	-6.62% Mar 27, 2024 - Sep 24, 2024
#12	-4.53% Sep 22, 2025 - Nov 3, 2025	-4.15% Aug 2, 2019 - Oct 14, 2019
#13	-4.32% May 7, 2021 - Jun 1, 2021	-4.02% Jul 9, 2014 - Aug 29, 2014
#14	-3.00% Jun 12, 2025 - Jun 26, 2025	-3.99% Oct 24, 2017 - Dec 28, 2017
#15	-2.79% Jul 24, 2025 - Aug 6, 2025	-3.86% Sep 24, 2024 - Jan 15, 2025

Correlation

Correlation between FEM and BIT is 0.83 which considered as a strong positive correlation - the stocks tend to move together.

0.83

-101

Dividend Comparison (2011 - 2026)

FEM vs BIT dividend yield comparison.

Year	FEM	BIT
2026	0.68%	8.30%
2025	3.13%	11.15%
2024	3.66%	10.17%
2023	4.96%	9.89%
2022	6.15%	9.57%
2021	4.15%	8.18%
2020	2.68%	8.46%
2019	3.31%	8.84%
2018	3.52%	9.12%
2017	2.45%	8.44%
2016	2.25%	11.65%
2015	3.61%	8.66%
2014	2.85%	8.85%
2013	2.62%	6.82%
2012	2.21%	0.00%
2011	0.92%	0.00%