FNY vs FMAT

Comparison between FIRST TRUST MID CAP GROWTH ALPHADEX FUND (FNY, ETF) and FIDELITY MSCI MATERIALS INDEX ETF (FMAT, ETF).

5-Year PerformanceFMAT has outperformed FNY, delivering a return of +6.7% compared to +6.7%

FNY vs FMAT - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FNY(ETF)	FMAT(ETF)
Net Assets	$578M	$579M
Expense Ratio	0.73%	0.08%
Max Drawdown	38.91%	43.86%
Sharpe Ratio	0.67	0.70
5Y Beta	1.16	0.86
P/E Ratio	54.02	30.31
Forward P/E	23.27	18.85
5Y Dividends CAGR	28.49%	4.94%
5Y EPS CAGR	23.89%	15.70%
Debt to Equity	87.15%	35.35%
P/S Ratio	3.09	2.05
P/B Ratio	4.57	3.10

Net Assets

FNY

$578M

Winner

FMAT

$579M

Expense Ratio

FNY

0.73%

Winner

FMAT

0.08%

Max Drawdown

Winner

FNY

38.91%

FMAT

43.86%

Sharpe Ratio

FNY

0.67

Winner

FMAT

0.70

5Y Beta

FNY

1.16

Winner

FMAT

0.86

P/E Ratio

FNY

54.02

Winner

FMAT

30.31

Forward P/E

FNY

23.27

Winner

FMAT

18.85

5Y Dividends CAGR

Winner

FNY

28.49%

FMAT

4.94%

5Y EPS CAGR

Winner

FNY

23.89%

FMAT

15.70%

Debt to Equity

FNY

87.15%

Winner

FMAT

35.35%

P/S Ratio

FNY

3.09

Winner

FMAT

2.05

P/B Ratio

FNY

4.57

Winner

FMAT

3.10

FNY vs FMAT - Holdings Comparison

FNY and FMAT have 5 common holdings. Overlap is 1.06%

FNY's top 25 holdings weight is 18.80%. FMAT's top 25 holdings weight is 78.71%.

Rank	FNY	FMAT
#1	ETSY INC (ETSY) - 0.88%	LINDE PLC (LIN) - 15.76%
#2	GUARDANT HEALTH INC (GH) - 0.84%	NEWMONT CORP (NEM) - 6.73%
#3	PACS GROUP INC (PACS) - 0.82%	FREEPORT-MCMORAN INC (FCX) - 6.06%
#4	TG THERAPEUTICS INC (TGTX) - 0.80%	SHERWIN-WILLIAMS CO (SHW) - 5.04%
#5	COMPASS INC CLASS A (COMP) - 0.79%	ECOLAB INC (ECL) - 4.52%
#6	VICTORIA'S SECRET & CO (VSXY) - 0.78%	CRH PLC (CRH) - 4.50%
#7	n/a (AMRX) - 0.77%	AIR PRODUCTS AND CHEMICALS INC (APD) - 4.22%
#8	BRIGHTSPRING HEALTH SERVICES INC (BTSG) - 0.76%	CORTEVA INC (CTVA) - 3.93%
#9	ENOVA INTERNATIONAL INC (ENVA) - 0.76%	NUCOR CORP (NUE) - 3.49%
#10	CYTOKINETICS INC (CYTK) - 0.75%	VULCAN MATERIALS CO (VMC) - 2.43%
#11	AXSOME THERAPEUTICS INC (AXSM) - 0.75%	MARTIN MARIETTA MATERIALS INC (MLM) - 2.22%
#12	FRONTDOOR INC (FTDR) - 0.75%	STEEL DYNAMICS INC (STLD) - 2.16%
#13	n/a (MSGS) - 0.75%	PPG INDUSTRIES INC (PPG) - 1.74%
#14	TUTOR PERINI CORP (TPC) - 0.74%	AMRIZE LTD REGISTERED SHARE (AMRZ) - 1.63%
#15	KRYSTAL BIOTECH INC (KRYS) - 0.73%	SMURFIT WESTROCK PLC (SW) - 1.52%
#16	LANTHEUS HOLDINGS INC (LNTH) - 0.73%	DOW INC (DOW) - 1.48%
#17	VALMONT INDUSTRIES INC (VMI) - 0.73%	PACKAGING CORP OF AMERICA (PKG) - 1.37%
#18	COCA-COLA CONSOLIDATED INC (COKE) - 0.72%	AMCOR PLC ORDINARY SHARES (AMCR) - 1.35%
#19	MOOG INC CLASS A (MOG-A) - 0.72%	RELIANCE INC (RS) - 1.32%
#20	ARCHROCK INC (AROC) - 0.71%	DUPONT DE NEMOURS INC (DD) - 1.28%
#21	ZETA GLOBAL HOLDINGS CORP CLASS A (ZETA) - 0.71%	INTERNATIONAL FLAVORS & FRAGRANCES INC (IFF) - 1.28%
#22	INVESCO LTD (IVZ) - 0.71%	CF INDUSTRIES HOLDINGS INC (CF) - 1.27%
#23	AFFILIATED MANAGERS GROUP INC (AMG) - 0.70%	INTERNATIONAL PAPER CO (IP) - 1.23%
#24	n/a (GLXY) - 0.70%	ROYAL GOLD INC (RGLD) - 1.11%
#25	GLAUKOS CORP (GKOS) - 0.70%	COEUR MINING INC (CDE) - 1.07%
Total Holdings	228	104

FNY vs FMAT - Historical Returns

Returns include dividend reinvestment.

Period	FNY	FMAT
1 month	+0.11%	+3.60%
3 months	-2.70%	+2.59%
6 months	+6.07%	-1.71%
1 year	+16.24%	+16.29%
5 years(CAGR)	+6.70%	+6.71%
10 years(CAGR)	+12.91%	+10.09%
Max(CAGR)	+11.36%	+9.07%

FNY

+0.11%

Winner

FMAT

+3.60%

FNY

-2.70%

Winner

FMAT

+2.59%

Winner

FNY

+6.07%

FMAT

-1.71%

FNY

+16.24%

Winner

FMAT

+16.29%

5Y(CAGR)

FNY

+6.70%

Winner

FMAT

+6.71%

10Y(CAGR)

Winner

FNY

+12.91%

FMAT

+10.09%

Max(CAGR)

Winner

FNY

+11.36%

FMAT

+9.07%

FNY vs FMAT - Annual Returns (2011 - 2026)

Returns include dividend reinvestment.

Year	FNY	FMAT
2026	+10.89%	+13.86%
2025	+13.68%	+13.29%
2024	+19.64%	+0.84%
2023	+22.92%	+13.85%
2022	-23.74%	-10.66%
2021	+14.74%	+28.83%
2020	+36.26%	+20.79%
2019	+32.87%	+22.83%
2018	-8.16%	-18.83%
2017	+24.37%	+22.61%
2016	+11.51%	+23.44%
2015	-0.73%	-10.02%
2014	+6.60%	+6.47%
2013	+33.44%	+5.12%
2012	+9.65%	N/A
2011	-8.53%	N/A

FNY vs FMAT Drawdown Comparison

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

The maximum drawdown for FMAT was -41.08%, occurring on Mar 23, 2020. Recovery took 654 trading sessions.

The current FNY drawdown is -7.08%. The current FMAT drawdown is -1.71%.

Rank	FNY	FMAT
#1	-38.91% Feb 19, 2020 - Aug 3, 2020	-41.08% Jan 26, 2018 - Sep 1, 2020
#2	-33.94% Nov 8, 2021 - Sep 19, 2024	-27.23% Feb 24, 2015 - Nov 15, 2016
#3	-29.03% Sep 14, 2018 - Jul 24, 2019	-25.40% Apr 20, 2022 - Feb 29, 2024
#4	-25.68% Jul 7, 2011 - Jan 15, 2013	-23.17% Oct 18, 2024 - Dec 26, 2025
#5	-24.97% Nov 25, 2024 - Aug 28, 2025	-13.47% Feb 27, 2026 - Mar 20, 2026
#6	-19.89% Jun 23, 2015 - Sep 2, 2016	-12.14% Sep 5, 2014 - Feb 12, 2015
#7	-13.89% Feb 12, 2021 - Jun 25, 2021	-10.68% Jan 4, 2022 - Mar 25, 2022
#8	-12.85% Jul 1, 2014 - Nov 24, 2014	-10.63% May 17, 2021 - Nov 8, 2021
#9	-12.01% Jan 22, 2026 - Apr 17, 2026	-9.11% Jan 12, 2021 - Mar 10, 2021
#10	-10.16% Oct 27, 2025 - Dec 11, 2025	-7.81% Sep 17, 2020 - Oct 9, 2020
#11	-9.89% Sep 7, 2016 - Dec 7, 2016	-7.72% Nov 12, 2021 - Dec 29, 2021
#12	-9.83% Jun 30, 2026 - Jul 29, 2026	-6.81% Apr 9, 2024 - Jul 31, 2024
#13	-9.44% Apr 29, 2011 - Jul 6, 2011	-6.69% Dec 31, 2013 - Feb 14, 2014
#14	-9.03% Jan 26, 2018 - Mar 9, 2018	-6.65% Oct 12, 2020 - Nov 3, 2020
#15	-8.54% May 21, 2013 - Jul 22, 2013	-6.57% Jul 31, 2024 - Aug 26, 2024

Correlation

Correlation between FNY and FMAT is 0.97 which considered as a very strong positive correlation - the stocks move almost identically together.

0.97

-101

Dividend Comparison (2011 - 2026)

FNY vs FMAT dividend yield comparison.

Year	FNY	FMAT
2026	0.00%	0.67%
2025	0.03%	1.64%
2024	0.56%	1.68%
2023	0.24%	1.71%
2022	0.24%	2.00%
2021	0.00%	1.44%
2020	0.25%	1.73%
2019	0.28%	1.89%
2018	0.06%	2.18%
2017	0.21%	1.53%
2016	0.60%	1.78%
2015	0.46%	2.16%
2014	0.22%	1.65%
2013	0.35%	0.39%
2012	0.50%	0.00%
2011	0.02%	0.00%