FPA vs ZSEP

Comparison between FIRST TRUST ASIA PACIFIC EX-JAPAN ALPHADEX FUND (FPA, ETF) and Innovator Equity Defined Protection ETF - 1 Yr September (ZSEP, ETF).

FPA vs ZSEP - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FPA(ETF)	ZSEP(ETF)
Net Assets	$124M	$123M
Expense Ratio	0.80%	0.79%
Max Drawdown	55.79%	3.97%
Sharpe Ratio	1.11	1.01
5Y Beta	0.96	0.17
5Y Dividends CAGR	17.51%	N/A

Net Assets

Winner

FPA

$124M

ZSEP

$123M

Expense Ratio

FPA

0.80%

Winner

ZSEP

0.79%

Max Drawdown

FPA

55.79%

Winner

ZSEP

3.97%

Sharpe Ratio

Winner

FPA

1.11

ZSEP

1.01

5Y Beta

FPA

0.96

Winner

ZSEP

0.17

5Y Dividends CAGR

FPA

17.51%

ZSEP

N/A

FPA vs ZSEP - Historical Returns

Returns include dividend reinvestment.

Period	FPA	ZSEP
1 month	-15.83%	+0.56%
3 months	-0.29%	+1.73%
6 months	+12.76%	+3.07%
1 year	+36.07%	+6.26%
5 years(CAGR)	+10.70%	N/A
10 years(CAGR)	+8.81%	N/A
Max(CAGR)	+6.11%	+6.52%

FPA

-15.83%

Winner

ZSEP

+0.56%

FPA

-0.29%

Winner

ZSEP

+1.73%

Winner

FPA

+12.76%

ZSEP

+3.07%

Winner

FPA

+36.07%

ZSEP

+6.26%

5Y(CAGR)

FPA

+10.70%

ZSEP

N/A

10Y(CAGR)

FPA

+8.81%

ZSEP

N/A

Max(CAGR)

FPA

+6.11%

Winner

ZSEP

+6.52%

FPA vs ZSEP - Annual Returns (2011 - 2026)

Returns include dividend reinvestment.

Year	FPA	ZSEP
2026	+26.21%	+3.13%
2025	+41.95%	+6.82%
2024	+5.55%	+2.12%
2023	+13.27%	N/A
2022	-14.58%	N/A
2021	+1.29%	N/A
2020	+13.32%	N/A
2019	+8.59%	N/A
2018	-22.54%	N/A
2017	+33.88%	N/A
2016	+2.79%	N/A
2015	+0.37%	N/A
2014	+5.58%	N/A
2013	+3.11%	N/A
2012	+24.72%	N/A
2011	-24.40%	N/A

FPA vs ZSEP Drawdown Comparison

The maximum drawdown for FPA was -52.90%, occurring on Mar 23, 2020. Recovery took 808 trading sessions.

The maximum drawdown for ZSEP was -3.97%, occurring on Apr 8, 2025. Recovery took 60 trading sessions.

The current FPA drawdown is -18.64%. The current ZSEP drawdown is -0.07%.

Rank	FPA	ZSEP
#1	-52.90% Jan 26, 2018 - Apr 14, 2021	-3.97% Feb 19, 2025 - May 15, 2025
#2	-37.78% Jul 26, 2011 - May 14, 2014	-1.45% Feb 26, 2026 - Apr 9, 2026
#3	-35.36% Jun 2, 2021 - May 23, 2025	-0.81% Nov 12, 2025 - Nov 26, 2025
#4	-24.59% Apr 28, 2015 - May 22, 2017	-0.71% May 19, 2025 - Jun 2, 2025
#5	-21.26% Jun 1, 2026 - Jul 20, 2026	-0.64% Oct 8, 2025 - Oct 22, 2025
#6	-15.34% Feb 26, 2026 - Apr 30, 2026	-0.62% Oct 18, 2024 - Nov 6, 2024
#7	-13.25% Aug 26, 2014 - Apr 6, 2015	-0.56% Dec 16, 2024 - Jan 15, 2025
#8	-7.08% May 14, 2026 - May 26, 2026	-0.52% Feb 2, 2026 - Feb 26, 2026
#9	-6.98% Apr 26, 2011 - Jul 7, 2011	-0.45% Jan 12, 2026 - Jan 26, 2026
#10	-6.39% Nov 3, 2025 - Jan 6, 2026	-0.42% Nov 7, 2024 - Nov 26, 2024
#11	-4.74% Sep 16, 2025 - Oct 20, 2025	-0.38% Sep 19, 2025 - Oct 1, 2025
#12	-4.40% Jul 26, 2017 - Sep 12, 2017	-0.38% Jul 28, 2025 - Aug 6, 2025
#13	-4.40% May 6, 2026 - May 14, 2026	-0.37% Jun 1, 2026 - Jun 15, 2026
#14	-4.08% Sep 18, 2017 - Oct 12, 2017	-0.36% Sep 27, 2024 - Oct 11, 2024
#15	-3.80% May 7, 2021 - Jun 2, 2021	-0.35% Jan 24, 2025 - Feb 6, 2025