FEM vs SMIN

Comparison between FIRST TRUST EMERGING MARKETS ALPHADEX FUND (FEM, ETF) and ISHARES MSCI INDIA SMALL-CAP ETF (SMIN, ETF).

5-Year PerformanceFEM has outperformed SMIN, delivering a return of +9.3% compared to +7.4%

FEM vs SMIN - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FEM(ETF)	SMIN(ETF)
Net Assets	$749M	$757M
Expense Ratio	0.80%	0.74%
Max Drawdown	49.78%	61.74%
Sharpe Ratio	1.16	-0.22
5Y Beta	0.70	0.55
5Y Dividends CAGR	1.78%	50.29%

Net Assets

FEM

$749M

Winner

SMIN

$757M

Expense Ratio

FEM

0.80%

Winner

SMIN

0.74%

Max Drawdown

Winner

FEM

49.78%

SMIN

61.74%

Sharpe Ratio

Winner

FEM

1.16

SMIN

-0.22

5Y Beta

FEM

0.70

Winner

SMIN

0.55

5Y Dividends CAGR

FEM

1.78%

Winner

SMIN

50.29%

FEM vs SMIN - Historical Returns

Returns include dividend reinvestment.

Period	FEM	SMIN
1 month	+4.75%	+3.24%
3 months	+2.92%	+8.01%
6 months	+6.77%	+4.75%
1 year	+28.83%	-1.75%
5 years(CAGR)	+9.33%	+7.42%
10 years(CAGR)	+8.52%	+9.28%
Max(CAGR)	+4.03%	+8.95%

Winner

FEM

+4.75%

SMIN

+3.24%

FEM

+2.92%

Winner

SMIN

+8.01%

Winner

FEM

+6.77%

SMIN

+4.75%

Winner

FEM

+28.83%

SMIN

-1.75%

5Y(CAGR)

Winner

FEM

+9.33%

SMIN

+7.42%

10Y(CAGR)

FEM

+8.52%

Winner

SMIN

+9.28%

Max(CAGR)

FEM

+4.03%

Winner

SMIN

+8.95%

FEM vs SMIN - Annual Returns (2011 - 2026)

Returns include dividend reinvestment.

Year	FEM	SMIN
2026	+19.02%	+2.44%
2025	+28.57%	-7.27%
2024	+3.92%	+16.26%
2023	+10.62%	+34.13%
2022	-15.44%	-15.79%
2021	+5.51%	+42.02%
2020	-3.18%	+16.25%
2019	+20.62%	-5.00%
2018	-16.98%	-26.02%
2017	+39.11%	+59.40%
2016	+18.71%	+0.34%
2015	-13.48%	-1.49%
2014	-8.74%	+57.98%
2013	-5.37%	-15.72%
2012	+18.21%	+1.32%
2011	-23.58%	N/A

FEM vs SMIN Drawdown Comparison

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

The maximum drawdown for SMIN was -60.49%, occurring on Mar 23, 2020. Recovery took 848 trading sessions.

The current FEM drawdown is -1.93%. The current SMIN drawdown is -10.23%.

Rank	FEM	SMIN
#1	-46.21% Jan 26, 2018 - May 7, 2021	-60.49% Jan 12, 2018 - May 27, 2021
#2	-41.78% Apr 27, 2011 - Aug 24, 2017	-44.17% Feb 21, 2012 - May 16, 2014
#3	-31.71% Sep 13, 2021 - May 17, 2024	-30.86% Apr 10, 2015 - Sep 22, 2016
#4	-18.82% May 17, 2024 - Jun 11, 2025	-27.54% Sep 23, 2024 - Mar 30, 2026
#5	-10.88% May 11, 2026 - Jul 29, 2026	-24.80% Jan 12, 2022 - Aug 31, 2023
#6	-9.31% Feb 25, 2026 - Apr 9, 2026	-16.80% Oct 24, 2016 - Feb 8, 2017
#7	-8.61% Jun 2, 2021 - Sep 7, 2021	-11.50% Dec 3, 2014 - Jan 16, 2015
#8	-7.06% Oct 5, 2017 - Jan 2, 2018	-10.57% Feb 7, 2024 - Apr 23, 2024
#9	-4.85% Nov 12, 2025 - Dec 23, 2025	-10.37% Oct 18, 2021 - Jan 11, 2022
#10	-4.67% Sep 20, 2017 - Oct 5, 2017	-10.06% Jul 8, 2014 - Sep 5, 2014
#11	-4.66% Jan 28, 2026 - Feb 11, 2026	-9.99% Sep 11, 2014 - Nov 6, 2014
#12	-4.53% Sep 22, 2025 - Nov 3, 2025	-8.88% May 16, 2017 - Jul 14, 2017
#13	-4.32% May 7, 2021 - Jun 1, 2021	-8.70% Aug 7, 2017 - Sep 6, 2017
#14	-3.00% Jun 12, 2025 - Jun 26, 2025	-8.59% Sep 19, 2017 - Oct 24, 2017
#15	-2.79% Jul 24, 2025 - Aug 6, 2025	-7.05% Jun 9, 2014 - Jul 2, 2014

Correlation

Correlation between FEM and SMIN is 0.80 which considered as a strong positive correlation - the stocks tend to move together.

0.80

-101

Dividend Comparison (2011 - 2026)

FEM vs SMIN dividend yield comparison.

Year	FEM	SMIN
2026	0.68%	0.00%
2025	3.13%	2.01%
2024	3.66%	6.84%
2023	4.96%	0.41%
2022	6.15%	0.01%
2021	4.15%	1.27%
2020	2.68%	1.06%
2019	3.31%	1.75%
2018	3.52%	1.68%
2017	2.45%	0.89%
2016	2.25%	2.30%
2015	3.61%	0.93%
2014	2.85%	0.34%
2013	2.62%	0.75%
2012	2.21%	1.08%
2011	0.92%	0.00%