FMY vs QEMM

Comparison between First Trust Mortgage Income Fund (FMY, ETF) and STATE STREET(R) SPDR(R) MSCI EMERGING MARKETS STRATEGICFACTORS(SM) ETF (QEMM, ETF).

5-Year PerformanceQEMM has outperformed FMY, delivering a return of +7.2% compared to +3.4%

FMY vs QEMM - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FMY(ETF)	QEMM(ETF)
Net Assets	$53M	$53M
Expense Ratio	N/A	0.30%
Max Drawdown	51.81%	40.48%
Sharpe Ratio	0.02	1.62
5Y Beta	0.01	0.70
5Y Dividends CAGR	2.09%	16.78%

Net Assets

FMY

$53M

Winner

QEMM

$53M

Expense Ratio

FMY

N/A

QEMM

0.30%

Max Drawdown

FMY

51.81%

Winner

QEMM

40.48%

Sharpe Ratio

FMY

0.02

Winner

QEMM

1.62

5Y Beta

Winner

FMY

0.01

QEMM

0.70

5Y Dividends CAGR

FMY

2.09%

Winner

QEMM

16.78%

FMY vs QEMM - Historical Returns

Returns include dividend reinvestment.

Period	FMY	QEMM
1 month	+0.52%	+2.87%
3 months	+0.85%	+18.34%
6 months	+1.01%	+24.59%
1 year	+3.46%	+36.40%
5 years(CAGR)	+3.45%	+7.22%
10 years(CAGR)	+3.90%	+9.04%
Max(CAGR)	+4.32%	+5.69%

FMY

+0.52%

Winner

QEMM

+2.87%

FMY

+0.85%

Winner

QEMM

+18.34%

FMY

+1.01%

Winner

QEMM

+24.59%

FMY

+3.46%

Winner

QEMM

+36.40%

5Y(CAGR)

FMY

+3.45%

Winner

QEMM

+7.22%

10Y(CAGR)

FMY

+3.90%

Winner

QEMM

+9.04%

Max(CAGR)

FMY

+4.32%

Winner

QEMM

+5.69%

FMY vs QEMM - Annual Returns (2005 - 2026)

Returns include dividend reinvestment.

Year	FMY	QEMM
2026	-1.03%	+20.74%
2025	+9.95%	+22.49%
2024	+7.94%	+6.40%
2023	+14.58%	+11.94%
2022	-13.27%	-18.19%
2021	+4.35%	+5.34%
2020	+5.06%	+8.64%
2019	+12.12%	+14.73%
2018	-3.98%	-14.28%
2017	+6.47%	+30.49%
2016	+3.26%	+11.57%
2015	+4.38%	-13.07%
2014	+1.33%	-6.59%
2013	-6.38%	N/A
2012	+1.54%	N/A
2011	+10.13%	N/A
2010	+15.87%	N/A
2009	+20.93%	N/A
2008	+6.49%	N/A
2007	+9.45%	N/A
2006	+10.87%	N/A
2005	-18.78%	N/A

FMY vs QEMM Drawdown Comparison

The maximum drawdown for FMY was -27.99%, occurring on Oct 9, 2008. Recovery took 131 trading sessions.

The maximum drawdown for QEMM was -36.89%, occurring on Mar 23, 2020. Recovery took 735 trading sessions.

The current FMY drawdown is -3.87%. The current QEMM drawdown is -2.38%.

Rank	FMY	QEMM
#1	-27.99% May 29, 2008 - Dec 3, 2008	-36.89% Jan 26, 2018 - Dec 28, 2020
#2	-21.58% Oct 8, 2012 - May 15, 2019	-33.19% Sep 4, 2014 - Jul 26, 2017
#3	-20.84% Jun 24, 2005 - Feb 20, 2008	-27.55% Jun 1, 2021 - Sep 24, 2024
#4	-19.97% Sep 15, 2021 - Mar 13, 2024	-16.98% Oct 7, 2024 - Jun 10, 2025
#5	-18.89% Jun 27, 2011 - Jan 31, 2012	-10.40% Feb 25, 2026 - Apr 17, 2026
#6	-12.96% Sep 23, 2010 - Apr 25, 2011	-6.41% Feb 17, 2021 - May 28, 2021
#7	-12.38% Feb 28, 2020 - Oct 5, 2020	-6.27% Jun 2, 2026 - Jun 5, 2026
#8	-11.28% Dec 4, 2008 - Jun 10, 2009	-5.21% May 11, 2026 - May 26, 2026
#9	-7.12% Feb 27, 2026 - Mar 13, 2026	-4.00% Jan 21, 2021 - Feb 9, 2021
#10	-6.12% Feb 28, 2008 - Apr 28, 2008	-3.95% Nov 11, 2025 - Jan 2, 2026
#11	-5.48% Aug 2, 2019 - Sep 25, 2019	-3.63% Sep 17, 2025 - Oct 16, 2025
#12	-5.12% Sep 25, 2024 - Feb 11, 2025	-3.60% Jul 23, 2025 - Aug 12, 2025
#13	-5.08% Feb 1, 2012 - Apr 24, 2012	-3.53% Nov 22, 2017 - Dec 26, 2017
#14	-4.73% Oct 5, 2020 - Dec 30, 2020	-3.07% Jul 28, 2014 - Aug 19, 2014
#15	-4.66% May 17, 2024 - Jun 14, 2024	-2.78% Sep 19, 2017 - Oct 11, 2017

Correlation

Correlation between FMY and QEMM is 0.89 which considered as a strong positive correlation - the stocks tend to move together.

0.89

-101

Dividend Comparison (2005 - 2026)

FMY vs QEMM dividend yield comparison.

Year	FMY	QEMM
2026	2.80%	1.30%
2025	6.91%	4.90%
2024	7.95%	5.17%
2023	6.64%	4.88%
2022	5.89%	4.07%
2021	5.21%	2.35%
2020	5.18%	2.48%
2019	5.14%	3.05%
2018	5.66%	2.86%
2017	5.45%	2.11%
2016	6.17%	2.03%
2015	6.43%	2.14%
2014	6.86%	1.56%
2013	6.94%	0.00%
2012	10.53%	0.00%
2011	10.66%	0.00%
2010	9.23%	0.00%
2009	7.89%	0.00%
2008	8.00%	0.00%
2007	5.95%	0.00%
2006	6.13%	0.00%
2005	3.30%	0.00%