FJP vs MDST

Comparison between FIRST TRUST JAPAN ALPHADEX FUND (FJP, ETF) and Westwood Salient Enhanced Midstream Income ETF (MDST, ETF).

FJP vs MDST - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FJP(ETF)	MDST(ETF)
Net Assets	$247M	$247M
Expense Ratio	0.80%	0.80%
Max Drawdown	43.93%	16.16%
Sharpe Ratio	1.16	1.39
5Y Beta	0.73	0.46
P/E Ratio	N/A	23.98
Forward P/E	N/A	16.53
5Y Dividends CAGR	29.60%	N/A
5Y EPS CAGR	N/A	15.65%
P/S Ratio	N/A	1.13
P/B Ratio	N/A	3.44

Net Assets

FJP

$247M

MDST

$247M

Expense Ratio

FJP

0.80%

MDST

0.80%

Max Drawdown

FJP

43.93%

Winner

MDST

16.16%

Sharpe Ratio

FJP

1.16

Winner

MDST

1.39

5Y Beta

FJP

0.73

Winner

MDST

0.46

P/E Ratio

FJP

N/A

MDST

23.98

Forward P/E

FJP

N/A

MDST

16.53

5Y Dividends CAGR

FJP

29.60%

MDST

N/A

5Y EPS CAGR

FJP

N/A

MDST

15.65%

P/S Ratio

FJP

N/A

MDST

1.13

P/B Ratio

FJP

N/A

MDST

3.44

FJP vs MDST - Historical Returns

Returns include dividend reinvestment.

Period	FJP	MDST
1 month	-1.27%	+1.81%
3 months	-0.65%	+5.42%
6 months	+12.54%	+16.47%
1 year	+31.02%	+21.20%
5 years(CAGR)	+10.15%	N/A
10 years(CAGR)	+7.03%	N/A
Max(CAGR)	+5.82%	+19.78%

FJP

-1.27%

Winner

MDST

+1.81%

FJP

-0.65%

Winner

MDST

+5.42%

FJP

+12.54%

Winner

MDST

+16.47%

Winner

FJP

+31.02%

MDST

+21.20%

5Y(CAGR)

FJP

+10.15%

MDST

N/A

10Y(CAGR)

FJP

+7.03%

MDST

N/A

Max(CAGR)

FJP

+5.82%

Winner

MDST

+19.78%

FJP vs MDST - Annual Returns (2011 - 2026)

Returns include dividend reinvestment.

Year	FJP	MDST
2026	+10.62%	+16.38%
2025	+33.80%	+5.61%
2024	+6.02%	+17.22%
2023	+23.73%	N/A
2022	-12.80%	N/A
2021	-0.50%	N/A
2020	+2.15%	N/A
2019	+7.28%	N/A
2018	-18.80%	N/A
2017	+26.81%	N/A
2016	+4.50%	N/A
2015	+5.39%	N/A
2014	-0.84%	N/A
2013	+28.22%	N/A
2012	-4.42%	N/A
2011	-9.31%	N/A

FJP vs MDST Drawdown Comparison

The maximum drawdown for FJP was -41.51%, occurring on Mar 16, 2020. Recovery took 1551 trading sessions.

The maximum drawdown for MDST was -14.19%, occurring on Apr 8, 2025. Recovery took 82 trading sessions.

The current FJP drawdown is -9.00%. The current MDST drawdown is -1.35%.

Rank	FJP	MDST
#1	-41.51% Jan 23, 2018 - Mar 22, 2024	-14.19% Apr 2, 2025 - Jul 31, 2025
#2	-25.37% Aug 2, 2011 - May 14, 2013	-7.50% Jan 21, 2025 - Apr 2, 2025
#3	-22.46% May 22, 2015 - Mar 13, 2017	-7.20% Nov 29, 2024 - Jan 14, 2025
#4	-17.02% Mar 25, 2025 - May 21, 2025	-6.75% Jul 31, 2025 - Dec 4, 2025
#5	-16.43% May 21, 2013 - Jan 17, 2014	-4.99% May 19, 2026 - May 29, 2026
#6	-15.08% Mar 27, 2024 - Feb 18, 2025	-4.30% Mar 27, 2026 - Apr 30, 2026
#7	-14.43% Feb 25, 2026 - Mar 20, 2026	-4.21% Jul 22, 2024 - Aug 19, 2024
#8	-12.64% Jul 28, 2014 - Feb 20, 2015	-3.67% Apr 9, 2024 - Apr 25, 2024
#9	-10.47% Jan 22, 2014 - Jun 18, 2014	-3.16% May 4, 2026 - May 13, 2026
#10	-7.21% May 10, 2011 - Jul 5, 2011	-3.11% Dec 4, 2025 - Jan 2, 2026
#11	-6.57% Sep 15, 2025 - Nov 10, 2025	-3.01% May 20, 2024 - Jun 24, 2024
#12	-4.37% Jun 27, 2025 - Jul 23, 2025	-2.73% Jan 2, 2026 - Jan 16, 2026
#13	-4.12% Mar 28, 2017 - May 3, 2017	-2.67% Sep 23, 2024 - Oct 3, 2024
#14	-3.98% Nov 14, 2025 - Nov 26, 2025	-2.35% Aug 30, 2024 - Sep 16, 2024
#15	-3.56% Apr 28, 2015 - May 18, 2015	-2.30% Apr 25, 2024 - May 7, 2024

Correlation

Correlation between FJP and MDST is 0.88 which considered as a strong positive correlation - the stocks tend to move together.

0.88

-101

Dividend Comparison (2011 - 2026)

FJP vs MDST dividend yield comparison.

Year	FJP	MDST
2026	0.15%	4.56%
2025	2.68%	10.22%
2024	3.18%	6.60%
2023	3.49%	0.00%
2022	2.21%	0.00%
2021	2.43%	0.00%
2020	0.99%	0.00%
2019	2.80%	0.00%
2018	1.54%	0.00%
2017	1.29%	0.00%
2016	1.46%	0.00%
2015	0.85%	0.00%
2014	1.08%	0.00%
2013	0.70%	0.00%
2012	1.61%	0.00%
2011	0.62%	0.00%