FJP vs MPRO

Comparison between FIRST TRUST JAPAN ALPHADEX FUND (FJP, ETF) and MONARCH PROCAP INDEX ETF (MPRO, ETF).

5-Year PerformanceFJP has outperformed MPRO, delivering a return of +11.6% compared to +5.7%

FJP vs MPRO - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FJP(ETF)	MPRO(ETF)
Net Assets	$255M	$255M
Expense Ratio	0.80%	1.03%
Max Drawdown	43.93%	15.13%
Sharpe Ratio	0.85	1.03
5Y Beta	0.72	0.36
5Y Dividends CAGR	18.22%	105.51%

Net Assets

FJP

$255M

Winner

MPRO

$255M

Expense Ratio

Winner

FJP

0.80%

MPRO

1.03%

Max Drawdown

FJP

43.93%

Winner

MPRO

15.13%

Sharpe Ratio

FJP

0.85

Winner

MPRO

1.03

5Y Beta

FJP

0.72

Winner

MPRO

0.36

5Y Dividends CAGR

FJP

18.22%

Winner

MPRO

105.51%

FJP vs MPRO - Historical Returns

Returns include dividend reinvestment.

Period	FJP	MPRO
1 month	+3.65%	+0.06%
3 months	+1.18%	+1.19%
6 months	-4.63%	+1.08%
1 year	+21.66%	+10.45%
5 years(CAGR)	+11.55%	+5.75%
10 years(CAGR)	+7.26%	N/A
Max(CAGR)	+5.97%	+6.75%

Winner

FJP

+3.65%

MPRO

+0.06%

FJP

+1.18%

Winner

MPRO

+1.19%

FJP

-4.63%

Winner

MPRO

+1.08%

Winner

FJP

+21.66%

MPRO

+10.45%

5Y(CAGR)

Winner

FJP

+11.55%

MPRO

+5.75%

10Y(CAGR)

FJP

+7.26%

MPRO

N/A

Max(CAGR)

FJP

+5.97%

Winner

MPRO

+6.75%

FJP vs MPRO - Annual Returns (2011 - 2026)

Returns include dividend reinvestment.

Year	FJP	MPRO
2026	+14.42%	+6.97%
2025	+33.80%	+9.47%
2024	+6.02%	+8.55%
2023	+23.73%	+11.36%
2022	-12.80%	-9.85%
2021	-0.50%	+11.80%
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 MPRO Drawdown Comparison

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

The maximum drawdown for MPRO was -14.51%, occurring on Oct 14, 2022. Recovery took 521 trading sessions.

The current FJP drawdown is -5.87%. The current MPRO drawdown is -0.53%.

Rank	FJP	MPRO
#1	-41.51% Jan 23, 2018 - Mar 22, 2024	-14.51% Jan 4, 2022 - Feb 1, 2024
#2	-25.37% Aug 2, 2011 - May 14, 2013	-9.64% Sep 30, 2024 - Jul 23, 2025
#3	-22.46% May 22, 2015 - Mar 13, 2017	-5.67% Feb 27, 2026 - May 28, 2026
#4	-17.02% Mar 25, 2025 - May 21, 2025	-3.97% Nov 8, 2021 - Dec 27, 2021
#5	-16.43% May 21, 2013 - Jan 17, 2014	-3.84% Mar 28, 2024 - May 15, 2024
#6	-15.08% Mar 27, 2024 - Feb 18, 2025	-2.56% Nov 28, 2025 - Jan 9, 2026
#7	-14.43% Feb 25, 2026 - Mar 20, 2026	-2.45% Oct 27, 2025 - Nov 26, 2025
#8	-12.64% Jul 28, 2014 - Feb 20, 2015	-1.81% May 7, 2021 - Jun 1, 2021
#9	-10.47% Jan 22, 2014 - Jun 18, 2014	-1.80% May 15, 2024 - Jun 5, 2024
#10	-7.21% May 10, 2011 - Jul 5, 2011	-1.71% Aug 2, 2024 - Aug 15, 2024
#11	-6.57% Sep 15, 2025 - Nov 10, 2025	-1.70% Sep 3, 2021 - Oct 19, 2021
#12	-4.37% Jun 27, 2025 - Jul 23, 2025	-1.68% Sep 11, 2025 - Oct 1, 2025
#13	-4.12% Mar 28, 2017 - May 3, 2017	-1.58% Jun 10, 2021 - Jul 29, 2021
#14	-3.98% Nov 14, 2025 - Nov 26, 2025	-1.31% Jul 28, 2026 - Jul 31, 2026
#15	-3.56% Apr 28, 2015 - May 18, 2015	-1.23% Apr 16, 2021 - Apr 28, 2021

Correlation

Correlation between FJP and MPRO is 0.94 which considered as a very strong positive correlation - the stocks move almost identically together.

0.94

-101

Dividend Comparison (2011 - 2026)

FJP vs MPRO dividend yield comparison.

Year	FJP	MPRO
2026	0.78%	0.73%
2025	2.68%	1.93%
2024	3.18%	1.64%
2023	3.49%	1.40%
2022	2.21%	1.09%
2021	2.43%	0.95%
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%