FTCE vs ARP

Comparison between FIRST TRUST NEW CONSTRUCTS CORE EARNINGS LEADERS ETF (FTCE, ETF) and PMV ADAPTIVE RISK PARITY ETF (ARP, ETF).

FTCE vs ARP - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FTCE(ETF)	ARP(ETF)
Net Assets	$82M	$82M
Expense Ratio	0.60%	1.42%
Max Drawdown	18.36%	10.13%
Sharpe Ratio	1.60	1.26
5Y Beta	0.91	0.44
P/E Ratio	32.01	N/A
Forward P/E	17.02	N/A
PEG Ratio	0.12	N/A
5Y EPS CAGR	12.03%	N/A
Debt to Equity	89.84%	N/A
P/S Ratio	2.76	N/A
P/B Ratio	5.59	N/A

Net Assets

FTCE

$82M

ARP

$82M

Expense Ratio

Winner

FTCE

0.60%

ARP

1.42%

Max Drawdown

FTCE

18.36%

Winner

ARP

10.13%

Sharpe Ratio

Winner

FTCE

1.60

ARP

1.26

5Y Beta

FTCE

0.91

Winner

ARP

0.44

P/E Ratio

FTCE

32.01

ARP

N/A

Forward P/E

FTCE

17.02

ARP

N/A

PEG Ratio

FTCE

0.12

ARP

N/A

5Y EPS CAGR

FTCE

12.03%

ARP

N/A

Debt to Equity

FTCE

89.84%

ARP

N/A

P/S Ratio

FTCE

2.76

ARP

N/A

P/B Ratio

FTCE

5.59

ARP

N/A

FTCE vs ARP - Holdings Comparison

FTCE and ARP have 0 common holdings. Overlap is 0.00%

FTCE's top 25 holdings weight is 62.87%. ARP's top 25 holdings weight is 99.94%.

Rank	FTCE	ARP
#1	QUALCOMM INC (QCOM) - 4.80%	HARBOR COMMODITY ALL-WEATHER STRATEGYETF (HGER) - 36.67%
#2	META PLATFORMS INC CLASS A (META) - 4.29%	VANGUARD FTSE DEVELOPED MARKETS ETF (VEA) - 28.52%
#3	INTERNATIONAL BUSINESS MACHINES CORP (IBM) - 3.74%	WISDOMTREE BLOOMBERG US DLLR BULLISH ETF (USDU) - 17.35%
#4	STARBUCKS CORP (SBUX) - 3.70%	VANGUARD FTSE EMERGING MARKETS ETF (VWO) - 6.31%
#5	SEAGATE TECHNOLOGY HOLDINGS PLC (STX) - 3.67%	ISHARES 0€“1 YEAR TREASURY BOND ETF (SHV) - 4.91%
#6	ELI LILLY AND CO (LLY) - 3.65%	SPROTT PHYSICAL GOLD TRUST (PHYS) - 4.71%
#7	CROWDSTRIKE HOLDINGS INC CLASS A (CRWD) - 3.47%	VANGUARD LONG-TERM TREASURY ETF (VGLT) - 1.47%
#8	JPMORGAN CHASE & CO (JPM) - 3.37%	N/A
#9	BOOKING HOLDINGS INC (BKNG) - 2.63%	N/A
#10	APPLOVIN CORP ORDINARY SHARES CLASS A (APP) - 2.53%	N/A
#11	ACCENTURE PLC CLASS A (ACN) - 2.50%	N/A
#12	SERVICENOW INC (NOW) - 2.43%	N/A
#13	VISA INC CLASS A (V) - 2.38%	N/A
#14	PEPSICO INC (PEP) - 2.21%	N/A
#15	CADENCE DESIGN SYSTEMS INC (CDNS) - 2.11%	N/A
#16	GENERAL MOTORS CO (GM) - 2.01%	N/A
#17	MASTERCARD INC CLASS A (MA) - 1.75%	N/A
#18	CIENA CORP (CIEN) - 1.73%	N/A
#19	NXP SEMICONDUCTORS NV (NXPI) - 1.70%	N/A
#20	ABBVIE INC (ABBV) - 1.58%	N/A
#21	FORD MOTOR CO (F) - 1.56%	N/A
#22	ALTRIA GROUP INC (MO) - 1.34%	N/A
#23	YUM BRANDS INC (YUM) - 1.29%	N/A
#24	SNOWFLAKE INC ORDINARY SHARES (SNOW) - 1.24%	N/A
#25	AUTODESK INC (ADSK) - 1.19%	N/A
Total Holdings	101	7

FTCE vs ARP - Historical Returns

Returns include dividend reinvestment.

Period	FTCE	ARP
1 month	+4.08%	-3.43%
3 months	+13.37%	+1.25%
6 months	+9.82%	+8.33%
1 year	+27.80%	+22.00%
Max(CAGR)	+21.22%	+12.33%

Winner

FTCE

+4.08%

ARP

-3.43%

Winner

FTCE

+13.37%

ARP

+1.25%

Winner

FTCE

+9.82%

ARP

+8.33%

Winner

FTCE

+27.80%

ARP

+22.00%

Max(CAGR)

Winner

FTCE

+21.22%

ARP

+12.33%

FTCE vs ARP - Annual Returns (2022 - 2026)

Returns include dividend reinvestment.

Year	FTCE	ARP
2026	+9.35%	+7.39%
2025	+25.94%	+18.33%
2024	-0.04%	+14.49%
2023	N/A	+2.97%
2022	N/A	-0.57%

FTCE vs ARP Drawdown Comparison

The maximum drawdown for FTCE was -18.11%, occurring on Apr 8, 2025. Recovery took 78 trading sessions.

The maximum drawdown for ARP was -10.13%, occurring on Mar 26, 2026. Recovery took 50 trading sessions.

The current FTCE drawdown is -4.28%. The current ARP drawdown is -3.64%.

Rank	FTCE	ARP
#1	-18.11% Feb 19, 2025 - Jun 11, 2025	-10.13% Feb 27, 2026 - May 11, 2026
#2	-10.16% Jan 29, 2026 - May 1, 2026	-6.74% Jul 16, 2024 - Sep 19, 2024
#3	-6.66% Jun 2, 2026 - Jun 10, 2026	-5.90% Jan 29, 2026 - Feb 25, 2026
#4	-5.59% Dec 4, 2024 - Feb 10, 2025	-5.87% Feb 19, 2025 - Jun 11, 2025
#5	-5.24% Oct 27, 2025 - Dec 11, 2025	-5.79% Jul 18, 2023 - Jan 23, 2024
#6	-4.26% Oct 14, 2024 - Nov 11, 2024	-5.71% Jun 2, 2026 - Jun 10, 2026
#7	-4.04% Oct 1, 2025 - Oct 24, 2025	-4.47% Jan 23, 2023 - Jul 13, 2023
#8	-2.97% Jul 28, 2025 - Aug 13, 2025	-4.13% Oct 20, 2025 - Dec 10, 2025
#9	-2.67% Nov 11, 2024 - Nov 26, 2024	-3.41% Apr 11, 2024 - May 15, 2024
#10	-2.25% Jan 12, 2026 - Jan 26, 2026	-2.77% Dec 11, 2024 - Feb 4, 2025
#11	-1.96% Dec 11, 2025 - Dec 23, 2025	-2.75% Nov 7, 2024 - Dec 11, 2024
#12	-1.32% Jun 12, 2025 - Jun 24, 2025	-2.65% Jul 23, 2025 - Aug 22, 2025
#13	-1.16% Aug 13, 2025 - Aug 22, 2025	-2.63% Oct 8, 2025 - Oct 15, 2025
#14	-1.08% Dec 26, 2025 - Jan 5, 2026	-2.24% Dec 26, 2025 - Jan 9, 2026
#15	-1.01% Aug 28, 2025 - Sep 8, 2025	-1.90% May 21, 2024 - Jun 18, 2024