FNY vs ETJ

Comparison between FIRST TRUST MID CAP GROWTH ALPHADEX FUND (FNY, ETF) and Eaton Vance Risk-Managed Diversified Equity Income Fund (ETJ, ETF).

5-Year PerformanceFNY has outperformed ETJ, delivering a return of +7.7% compared to +2.6%

FNY vs ETJ - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FNY(ETF)	ETJ(ETF)
Net Assets	$615M	$618M
Expense Ratio	0.73%	N/A
Max Drawdown	38.91%	67.20%
Sharpe Ratio	0.95	0.04
5Y Beta	1.16	0.67
P/E Ratio	63.90	N/A
Forward P/E	21.23	N/A
5Y Dividends CAGR	28.49%	-1.48%
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

FNY

$615M

Winner

ETJ

$618M

Expense Ratio

FNY

0.73%

ETJ

N/A

Max Drawdown

Winner

FNY

38.91%

ETJ

67.20%

Sharpe Ratio

Winner

FNY

0.95

ETJ

0.04

5Y Beta

FNY

1.16

Winner

ETJ

0.67

P/E Ratio

FNY

63.90

ETJ

N/A

Forward P/E

FNY

21.23

ETJ

N/A

5Y Dividends CAGR

Winner

FNY

28.49%

ETJ

-1.48%

5Y EPS CAGR

FNY

13.85%

ETJ

N/A

Debt to Equity

FNY

-37.35%

ETJ

N/A

P/S Ratio

FNY

3.23

ETJ

N/A

P/B Ratio

FNY

4.54

ETJ

N/A

FNY vs ETJ - Historical Returns

Returns include dividend reinvestment.

Period	FNY	ETJ
1 month	-3.88%	+3.47%
3 months	+4.76%	+3.21%
6 months	+6.29%	+0.89%
1 year	+25.46%	+3.30%
5 years(CAGR)	+7.65%	+2.61%
10 years(CAGR)	+13.32%	+8.32%
Max(CAGR)	+11.55%	+5.45%

FNY

-3.88%

Winner

ETJ

+3.47%

Winner

FNY

+4.76%

ETJ

+3.21%

Winner

FNY

+6.29%

ETJ

+0.89%

Winner

FNY

+25.46%

ETJ

+3.30%

5Y(CAGR)

Winner

FNY

+7.65%

ETJ

+2.61%

10Y(CAGR)

Winner

FNY

+13.32%

ETJ

+8.32%

Max(CAGR)

Winner

FNY

+11.55%

ETJ

+5.45%

FNY vs ETJ - Annual Returns (2007 - 2026)

Returns include dividend reinvestment.

Year	FNY	ETJ
2026	+12.57%	+1.06%
2025	+13.68%	+4.37%
2024	+19.64%	+30.50%
2023	+22.92%	+14.46%
2022	-23.74%	-23.01%
2021	+14.74%	+15.18%
2020	+36.26%	+22.42%
2019	+32.87%	+26.64%
2018	-8.16%	-8.47%
2017	+24.37%	+18.00%
2016	+11.51%	+0.02%
2015	-0.73%	+4.14%
2014	+6.60%	+4.34%
2013	+33.44%	+17.40%
2012	+9.65%	+9.78%
2011	-8.53%	-13.13%
2010	N/A	-11.37%
2009	N/A	+3.45%
2008	N/A	+6.37%
2007	N/A	-4.18%

FNY vs ETJ Drawdown Comparison

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

The maximum drawdown for ETJ was -32.81%, occurring on Mar 18, 2020. Recovery took 73 trading sessions.

The current FNY drawdown is -5.68%. The current ETJ drawdown is -1.03%.

Rank	FNY	ETJ
#1	-38.91% Feb 19, 2020 - Aug 3, 2020	-32.81% Feb 19, 2020 - Jun 3, 2020
#2	-33.94% Nov 8, 2021 - Sep 19, 2024	-31.32% Apr 22, 2010 - Jan 14, 2014
#3	-29.03% Sep 14, 2018 - Jul 24, 2019	-30.40% Jul 31, 2008 - Jul 21, 2009
#4	-25.68% Jul 7, 2011 - Jan 15, 2013	-28.53% Nov 12, 2021 - Aug 16, 2024
#5	-24.97% Nov 25, 2024 - Aug 28, 2025	-19.65% Oct 1, 2018 - Apr 17, 2019
#6	-19.89% Jun 23, 2015 - Sep 2, 2016	-15.45% Dec 26, 2024 - Jun 30, 2025
#7	-13.89% Feb 12, 2021 - Jun 25, 2021	-15.30% Jul 27, 2007 - Apr 24, 2008
#8	-12.85% Jul 1, 2014 - Nov 24, 2014	-12.54% Jun 18, 2015 - Jul 8, 2016
#9	-12.01% Jan 22, 2026 - Apr 17, 2026	-10.41% Feb 2, 2026 - Mar 27, 2026
#10	-10.16% Oct 27, 2025 - Dec 11, 2025	-9.84% Aug 22, 2016 - Jan 25, 2017
#11	-9.89% Sep 7, 2016 - Dec 7, 2016	-8.46% Jan 12, 2018 - Jun 4, 2018
#12	-9.44% Apr 29, 2011 - Jul 6, 2011	-8.25% Nov 28, 2014 - Jun 18, 2015
#13	-9.03% Jan 26, 2018 - Mar 9, 2018	-8.19% Sep 18, 2014 - Nov 28, 2014
#14	-8.54% May 21, 2013 - Jul 22, 2013	-7.97% Sep 1, 2020 - Nov 13, 2020
#15	-8.32% Oct 13, 2020 - Nov 5, 2020	-6.75% Sep 18, 2009 - Jan 8, 2010

Correlation

Correlation between FNY and ETJ is 0.99 which considered as a very strong positive correlation - the stocks move almost identically together.

0.99

-101

Dividend Comparison (2007 - 2026)

FNY vs ETJ dividend yield comparison.

Year	FNY	ETJ
2026	0.00%	5.40%
2025	0.03%	8.86%
2024	0.56%	8.16%
2023	0.24%	8.86%
2022	0.24%	11.68%
2021	0.00%	8.53%
2020	0.25%	8.79%
2019	0.28%	9.77%
2018	0.06%	11.23%
2017	0.21%	9.82%
2016	0.60%	12.46%
2015	0.46%	10.98%
2014	0.22%	10.47%
2013	0.35%	9.90%
2012	0.50%	11.09%
2011	0.02%	12.23%
2010	0.00%	13.55%
2009	0.00%	10.80%
2008	0.00%	10.01%
2007	0.00%	2.41%