FNY vs EMHY

Comparison between FIRST TRUST MID CAP GROWTH ALPHADEX FUND (FNY, ETF) and ISHARES J.P. MORGAN EM HIGH YIELD BOND ETF (EMHY, ETF).

5-Year PerformanceFNY has outperformed EMHY, delivering a return of +7.7% compared to +4.4%

FNY vs EMHY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FNY(ETF)	EMHY(ETF)
Net Assets	$615M	$607M
Expense Ratio	0.73%	0.50%
Max Drawdown	38.91%	43.77%
Sharpe Ratio	0.95	1.24
5Y Beta	1.16	0.29
P/E Ratio	63.90	N/A
Forward P/E	21.23	N/A
5Y Dividends CAGR	28.49%	0.69%
5Y EPS CAGR	13.85%	N/A
Debt to Equity	-37.35%	N/A
P/S Ratio	3.23	N/A
P/B Ratio	4.54	N/A

Net Assets

Winner

FNY

$615M

EMHY

$607M

Expense Ratio

FNY

0.73%

Winner

EMHY

0.50%

Max Drawdown

Winner

FNY

38.91%

EMHY

43.77%

Sharpe Ratio

FNY

0.95

Winner

EMHY

1.24

5Y Beta

FNY

1.16

Winner

EMHY

0.29

P/E Ratio

FNY

63.90

EMHY

N/A

Forward P/E

FNY

21.23

EMHY

N/A

5Y Dividends CAGR

Winner

FNY

28.49%

EMHY

0.69%

5Y EPS CAGR

FNY

13.85%

EMHY

N/A

Debt to Equity

FNY

-37.35%

EMHY

N/A

P/S Ratio

FNY

3.23

EMHY

N/A

P/B Ratio

FNY

4.54

EMHY

N/A

FNY vs EMHY - Historical Returns

Returns include dividend reinvestment.

Period	FNY	EMHY
1 month	-3.88%	-0.15%
3 months	+4.76%	+1.33%
6 months	+6.29%	+2.69%
1 year	+25.46%	+10.86%
5 years(CAGR)	+7.65%	+4.43%
10 years(CAGR)	+13.32%	+4.28%
Max(CAGR)	+11.55%	+4.95%

FNY

-3.88%

Winner

EMHY

-0.15%

Winner

FNY

+4.76%

EMHY

+1.33%

Winner

FNY

+6.29%

EMHY

+2.69%

Winner

FNY

+25.46%

EMHY

+10.86%

5Y(CAGR)

Winner

FNY

+7.65%

EMHY

+4.43%

10Y(CAGR)

Winner

FNY

+13.32%

EMHY

+4.28%

Max(CAGR)

Winner

FNY

+11.55%

EMHY

+4.95%

FNY vs EMHY - Annual Returns (2011 - 2026)

Returns include dividend reinvestment.

Year	FNY	EMHY
2026	+12.57%	+3.29%
2025	+13.68%	+13.16%
2024	+19.64%	+12.94%
2023	+22.92%	+10.68%
2022	-23.74%	-12.40%
2021	+14.74%	-1.83%
2020	+36.26%	+3.40%
2019	+32.87%	+12.72%
2018	-8.16%	-5.59%
2017	+24.37%	+8.51%
2016	+11.51%	+15.66%
2015	-0.73%	+1.72%
2014	+6.60%	+1.66%
2013	+33.44%	-6.95%
2012	+9.65%	+18.07%
2011	-8.53%	N/A

FNY vs EMHY Drawdown Comparison

The maximum drawdown for FNY was -38.91%, occurring on Mar 23, 2020. Recovery took 115 trading sessions.

The maximum drawdown for EMHY was -30.11%, occurring on Mar 18, 2020. Recovery took 204 trading sessions.

The current FNY drawdown is -5.68%. The current EMHY drawdown is -0.58%.

Rank	FNY	EMHY
#1	-38.91% Feb 19, 2020 - Aug 3, 2020	-30.11% Feb 14, 2020 - Dec 4, 2020
#2	-33.94% Nov 8, 2021 - Sep 19, 2024	-25.84% Sep 14, 2021 - Jul 31, 2024
#3	-29.03% Sep 14, 2018 - Jul 24, 2019	-14.90% Jul 24, 2014 - Apr 19, 2016
#4	-25.68% Jul 7, 2011 - Jan 15, 2013	-14.03% May 9, 2013 - May 23, 2014
#5	-24.97% Nov 25, 2024 - Aug 28, 2025	-9.70% Jan 5, 2018 - Mar 15, 2019
#6	-19.89% Jun 23, 2015 - Sep 2, 2016	-6.31% May 7, 2012 - Jul 6, 2012
#7	-13.89% Feb 12, 2021 - Jun 25, 2021	-5.96% Feb 28, 2025 - May 16, 2025
#8	-12.85% Jul 1, 2014 - Nov 24, 2014	-5.88% Oct 25, 2016 - Feb 3, 2017
#9	-12.01% Jan 22, 2026 - Apr 17, 2026	-4.47% Dec 30, 2020 - May 25, 2021
#10	-10.16% Oct 27, 2025 - Dec 11, 2025	-4.34% Feb 18, 2026 - Apr 17, 2026
#11	-9.89% Sep 7, 2016 - Dec 7, 2016	-3.99% Jul 26, 2019 - Dec 16, 2019
#12	-9.44% Apr 29, 2011 - Jul 6, 2011	-2.95% Jan 3, 2013 - May 2, 2013
#13	-9.03% Jan 26, 2018 - Mar 9, 2018	-2.73% Oct 19, 2017 - Jan 4, 2018
#14	-8.54% May 21, 2013 - Jul 22, 2013	-2.34% Dec 6, 2024 - Jan 30, 2025
#15	-8.32% Oct 13, 2020 - Nov 5, 2020	-2.20% Sep 7, 2016 - Oct 24, 2016

Correlation

Correlation between FNY and EMHY is 0.92 which considered as a very strong positive correlation - the stocks move almost identically together.

0.92

-101

Dividend Comparison (2011 - 2026)

FNY vs EMHY dividend yield comparison.

Year	FNY	EMHY
2026	0.00%	3.27%
2025	0.03%	6.52%
2024	0.56%	6.86%
2023	0.24%	6.73%
2022	0.24%	7.08%
2021	0.00%	5.58%
2020	0.25%	5.44%
2019	0.28%	5.72%
2018	0.06%	6.79%
2017	0.21%	5.59%
2016	0.60%	6.43%
2015	0.46%	6.99%
2014	0.22%	6.36%
2013	0.35%	6.03%
2012	0.50%	3.54%
2011	0.02%	0.00%