FKU vs AAA

Comparison between FIRST TRUST UNITED KINGDOM ALPHADEX FUND (FKU, ETF) and ALTERNATIVE ACCESS FIRST PRIORITY CLO BOND ETF (AAA, ETF).

5-Year PerformanceFKU has outperformed AAA, delivering a return of +6.9% compared to +4.6%

FKU vs AAA - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FKU(ETF)	AAA(ETF)
Net Assets	$40M	$40M
Expense Ratio	0.80%	0.25%
Max Drawdown	58.69%	4.47%
Sharpe Ratio	0.82	0.59
5Y Beta	0.72	0.02
5Y Dividends CAGR	15.47%	50.54%

Net Assets

FKU

$40M

Winner

AAA

$40M

Expense Ratio

FKU

0.80%

Winner

AAA

0.25%

Max Drawdown

FKU

58.69%

Winner

AAA

4.47%

Sharpe Ratio

Winner

FKU

0.82

AAA

0.59

5Y Beta

FKU

0.72

Winner

AAA

0.02

5Y Dividends CAGR

FKU

15.47%

Winner

AAA

50.54%

FKU vs AAA - Historical Returns

Returns include dividend reinvestment.

Period	FKU	AAA
1 month	+0.18%	+0.73%
3 months	+0.85%	+0.97%
6 months	+9.42%	+2.27%
1 year	+17.75%	+4.94%
5 years(CAGR)	+6.89%	+4.62%
10 years(CAGR)	+6.84%	N/A
Max(CAGR)	+7.21%	+4.10%

FKU

+0.18%

Winner

AAA

+0.73%

FKU

+0.85%

Winner

AAA

+0.97%

Winner

FKU

+9.42%

AAA

+2.27%

Winner

FKU

+17.75%

AAA

+4.94%

5Y(CAGR)

Winner

FKU

+6.89%

AAA

+4.62%

10Y(CAGR)

FKU

+6.84%

AAA

N/A

Max(CAGR)

Winner

FKU

+7.21%

AAA

+4.10%

FKU vs AAA - Annual Returns (2012 - 2026)

Returns include dividend reinvestment.

Year	FKU	AAA
2026	+3.59%	+1.98%
2025	+38.65%	+4.82%
2024	+10.20%	+6.58%
2023	+19.06%	+8.96%
2022	-24.06%	+0.23%
2021	+18.93%	+0.88%
2020	-6.68%	+0.32%
2019	+33.74%	N/A
2018	-16.73%	N/A
2017	+26.58%	N/A
2016	-15.15%	N/A
2015	+6.24%	N/A
2014	-4.73%	N/A
2013	+29.15%	N/A
2012	+11.93%	N/A

FKU vs AAA Drawdown Comparison

The maximum drawdown for FKU was -54.39%, occurring on Mar 18, 2020. Recovery took 293 trading sessions.

The maximum drawdown for AAA was -2.63%, occurring on Jul 6, 2022. Recovery took 260 trading sessions.

The current FKU drawdown is -6.83%. The current AAA drawdown is -0.30%.

Rank	FKU	AAA
#1	-54.39% Dec 16, 2019 - Feb 16, 2021	-2.63% Dec 16, 2021 - Dec 29, 2022
#2	-41.79% Jun 1, 2021 - Aug 19, 2024	-2.40% Mar 6, 2025 - May 2, 2025
#3	-31.81% May 21, 2015 - Jan 23, 2018	-0.66% Feb 22, 2023 - Apr 6, 2023
#4	-25.92% Jun 11, 2018 - Dec 16, 2019	-0.66% Sep 9, 2020 - Nov 20, 2020
#5	-19.65% Feb 28, 2014 - May 13, 2015	-0.60% Feb 26, 2026 - Apr 1, 2026
#6	-14.25% Feb 25, 2026 - Mar 20, 2026	-0.57% Jul 3, 2025 - Jul 31, 2025
#7	-14.18% Mar 16, 2012 - Sep 10, 2012	-0.56% Dec 16, 2025 - Dec 23, 2025
#8	-13.36% Sep 27, 2024 - Apr 22, 2025	-0.48% May 19, 2025 - Jun 2, 2025
#9	-10.69% Jan 24, 2018 - May 17, 2018	-0.47% Nov 30, 2023 - Dec 6, 2023
#10	-9.58% May 21, 2013 - Jul 17, 2013	-0.42% Apr 17, 2026 - May 8, 2026
#11	-6.86% Jan 22, 2014 - Feb 12, 2014	-0.38% Apr 1, 2026 - Apr 17, 2026
#12	-6.18% Oct 3, 2025 - Dec 10, 2025	-0.38% Jul 31, 2024 - Aug 13, 2024
#13	-5.46% Mar 1, 2012 - Mar 16, 2012	-0.37% Aug 1, 2025 - Aug 22, 2025
#14	-4.85% Sep 18, 2013 - Oct 17, 2013	-0.36% May 2, 2025 - May 19, 2025
#15	-4.48% Nov 1, 2012 - Dec 6, 2012	-0.35% Jan 26, 2021 - Jul 29, 2021

Correlation

Correlation between FKU and AAA is 0.85 which considered as a strong positive correlation - the stocks tend to move together.

0.85

-101

Dividend Comparison (2012 - 2026)

FKU vs AAA dividend yield comparison.

Year	FKU	AAA
2026	0.30%	1.96%
2025	2.89%	5.11%
2024	4.07%	6.17%
2023	3.82%	6.11%
2022	5.55%	2.78%
2021	2.98%	1.06%
2020	1.48%	0.32%
2019	3.34%	0.00%
2018	5.12%	0.00%
2017	2.93%	0.00%
2016	2.60%	0.00%
2015	2.64%	0.00%
2014	3.28%	0.00%
2013	2.28%	0.00%
2012	2.55%	0.00%