FGM vs FCVT

Comparison between FIRST TRUST GERMANY ALPHADEX FUND (FGM, ETF) and FIRST TRUST SSI STRATEGIC CONVERTIBLE SECURITIES ETF (FCVT, ETF).

5-Year PerformanceFCVT has outperformed FGM, delivering a return of +6.7% compared to +3.8%

FGM vs FCVT - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FGM(ETF)	FCVT(ETF)
Net Assets	$116M	$117M
Expense Ratio	0.80%	0.95%
Max Drawdown	54.06%	47.09%
Sharpe Ratio	0.69	1.91
5Y Beta	0.81	0.66
5Y Dividends CAGR	-0.48%	-3.59%

Net Assets

FGM

$116M

Winner

FCVT

$117M

Expense Ratio

Winner

FGM

0.80%

FCVT

0.95%

Max Drawdown

FGM

54.06%

Winner

FCVT

47.09%

Sharpe Ratio

FGM

0.69

Winner

FCVT

1.91

5Y Beta

FGM

0.81

Winner

FCVT

0.66

5Y Dividends CAGR

Winner

FGM

-0.48%

FCVT

-3.59%

FGM vs FCVT - Historical Returns

Returns include dividend reinvestment.

Period	FGM	FCVT
1 month	-1.28%	+1.61%
3 months	+2.28%	+14.99%
6 months	+6.60%	+19.16%
1 year	+15.85%	+40.54%
5 years(CAGR)	+3.83%	+6.69%
10 years(CAGR)	+7.87%	+11.90%
Max(CAGR)	+7.37%	+11.17%

FGM

-1.28%

Winner

FCVT

+1.61%

FGM

+2.28%

Winner

FCVT

+14.99%

FGM

+6.60%

Winner

FCVT

+19.16%

FGM

+15.85%

Winner

FCVT

+40.54%

5Y(CAGR)

FGM

+3.83%

Winner

FCVT

+6.69%

10Y(CAGR)

FGM

+7.87%

Winner

FCVT

+11.90%

Max(CAGR)

FGM

+7.37%

Winner

FCVT

+11.17%

FGM vs FCVT - Annual Returns (2012 - 2026)

Returns include dividend reinvestment.

Year	FGM	FCVT
2026	+0.57%	+18.58%
2025	+65.26%	+20.22%
2024	+2.60%	+13.11%
2023	+11.42%	+7.56%
2022	-30.59%	-20.95%
2021	+4.62%	+4.81%
2020	+16.20%	+49.75%
2019	+21.50%	+22.39%
2018	-25.68%	-2.62%
2017	+43.92%	+13.40%
2016	+4.18%	+8.21%
2015	+2.14%	-1.96%
2014	-10.52%	N/A
2013	+26.99%	N/A
2012	+10.55%	N/A

FGM vs FCVT Drawdown Comparison

The maximum drawdown for FGM was -51.56%, occurring on Mar 18, 2020. Recovery took 743 trading sessions.

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

The current FGM drawdown is -8.99%. The current FCVT drawdown is -5.10%.

Rank	FGM	FCVT
#1	-51.56% Jan 23, 2018 - Jan 5, 2021	-31.85% Feb 12, 2021 - Sep 11, 2025
#2	-51.07% Jun 7, 2021 - May 20, 2025	-29.90% Feb 19, 2020 - Jun 8, 2020
#3	-25.83% Jun 6, 2014 - May 4, 2017	-20.07% Apr 20, 2016 - Oct 5, 2017
#4	-18.47% Mar 23, 2012 - Sep 14, 2012	-14.24% Sep 4, 2018 - Mar 21, 2019
#5	-17.76% Feb 9, 2026 - Mar 20, 2026	-12.97% Nov 17, 2015 - Apr 20, 2016
#6	-11.00% Feb 1, 2013 - Aug 8, 2013	-8.47% Jan 28, 2026 - Apr 9, 2026
#7	-6.91% Oct 3, 2025 - Dec 10, 2025	-8.16% Sep 1, 2020 - Oct 12, 2020
#8	-6.40% Sep 14, 2012 - Nov 28, 2012	-7.44% Nov 3, 2025 - Jan 6, 2026
#9	-6.26% Jan 16, 2014 - Feb 13, 2014	-6.84% Jan 23, 2018 - Mar 9, 2018
#10	-5.96% Jul 23, 2025 - Aug 22, 2025	-5.10% Jun 2, 2026 - Jun 5, 2026
#11	-5.78% Mar 6, 2014 - May 30, 2014	-5.09% Oct 13, 2020 - Nov 5, 2020
#12	-4.72% Apr 16, 2021 - May 18, 2021	-4.97% Mar 12, 2018 - May 30, 2018
#13	-4.71% Feb 16, 2021 - Mar 17, 2021	-4.70% Jun 8, 2020 - Jun 22, 2020
#14	-4.56% Aug 14, 2013 - Sep 10, 2013	-4.69% Jan 20, 2021 - Feb 4, 2021
#15	-3.92% Aug 22, 2025 - Sep 30, 2025	-4.57% Jul 26, 2019 - Nov 19, 2019

Correlation

Correlation between FGM and FCVT is 0.81 which considered as a strong positive correlation - the stocks tend to move together.

0.81

-101

Dividend Comparison (2012 - 2026)

FGM vs FCVT dividend yield comparison.

Year	FGM	FCVT
2026	0.00%	0.44%
2025	0.66%	1.98%
2024	2.56%	1.30%
2023	2.82%	1.76%
2022	5.44%	3.71%
2021	1.43%	23.07%
2020	1.33%	1.72%
2019	2.30%	1.60%
2018	2.18%	1.85%
2017	2.11%	2.18%
2016	1.33%	1.88%
2015	1.13%	0.59%
2014	1.92%	0.00%
2013	1.56%	0.00%
2012	1.23%	0.00%