GBF vs FPA

Comparison between ISHARES GOVERNMENT/CREDIT BOND ETF (GBF, ETF) and FIRST TRUST ASIA PACIFIC EX-JAPAN ALPHADEX FUND (FPA, ETF).

5-Year PerformanceFPA has outperformed GBF, delivering a return of +10.7% compared to -0.7%

GBF vs FPA - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	GBF(ETF)	FPA(ETF)
Net Assets	$125M	$124M
Expense Ratio	0.20%	0.80%
Max Drawdown	23.43%	55.79%
Sharpe Ratio	-0.20	1.11
5Y Beta	0.03	0.96
5Y Dividends CAGR	19.07%	17.51%

Net Assets

Winner

GBF

$125M

FPA

$124M

Expense Ratio

Winner

GBF

0.20%

FPA

0.80%

Max Drawdown

Winner

GBF

23.43%

FPA

55.79%

Sharpe Ratio

GBF

-0.20

Winner

FPA

1.11

5Y Beta

Winner

GBF

0.03

FPA

0.96

5Y Dividends CAGR

Winner

GBF

19.07%

FPA

17.51%

GBF vs FPA - Historical Returns

Returns include dividend reinvestment.

Period	GBF	FPA
1 month	-0.56%	-15.83%
3 months	-0.86%	-0.29%
6 months	-0.42%	+12.76%
1 year	+2.73%	+36.07%
5 years(CAGR)	-0.65%	+10.70%
10 years(CAGR)	+1.26%	+8.81%
Max(CAGR)	+2.98%	+6.11%

Winner

GBF

-0.56%

FPA

-15.83%

GBF

-0.86%

Winner

FPA

-0.29%

GBF

-0.42%

Winner

FPA

+12.76%

GBF

+2.73%

Winner

FPA

+36.07%

5Y(CAGR)

GBF

-0.65%

Winner

FPA

+10.70%

10Y(CAGR)

GBF

+1.26%

Winner

FPA

+8.81%

Max(CAGR)

GBF

+2.98%

Winner

FPA

+6.11%

GBF vs FPA - Annual Returns (2007 - 2026)

Returns include dividend reinvestment.

Year	GBF	FPA
2026	-0.35%	+26.21%
2025	+6.30%	+41.95%
2024	+1.42%	+5.55%
2023	+5.13%	+13.27%
2022	-13.13%	-14.58%
2021	-2.07%	+1.29%
2020	+8.44%	+13.32%
2019	+9.34%	+8.59%
2018	-0.15%	-22.54%
2017	+3.83%	+33.88%
2016	+2.25%	+2.79%
2015	-0.28%	+0.37%
2014	+6.05%	+5.58%
2013	-2.09%	+3.11%
2012	+4.13%	+24.72%
2011	+9.44%	-24.40%
2010	+5.44%	N/A
2009	+3.45%	N/A
2008	+6.81%	N/A
2007	+6.69%	N/A

GBF vs FPA Drawdown Comparison

The maximum drawdown for GBF was -19.67%, occurring on Oct 24, 2022. This drawdown has not yet recovered.

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

The current GBF drawdown is -5.31%. The current FPA drawdown is -18.64%.

Rank	GBF	FPA
#1	-19.67% Aug 4, 2020 - Oct 24, 2022	-52.90% Jan 26, 2018 - Apr 14, 2021
#2	-8.75% Sep 9, 2008 - Dec 2, 2008	-37.78% Jul 26, 2011 - May 14, 2014
#3	-7.97% Mar 9, 2020 - Jun 26, 2020	-35.36% Jun 2, 2021 - May 23, 2025
#4	-6.12% May 2, 2013 - Jul 23, 2014	-24.59% Apr 28, 2015 - May 22, 2017
#5	-5.85% Dec 29, 2008 - Jul 31, 2009	-21.26% Jun 1, 2026 - Jul 20, 2026
#6	-5.20% Jul 8, 2016 - Sep 5, 2017	-15.34% Feb 26, 2026 - Apr 30, 2026
#7	-4.35% Oct 6, 2010 - Jun 1, 2011	-13.25% Aug 26, 2014 - Apr 6, 2015
#8	-3.90% Sep 7, 2017 - Feb 7, 2019	-7.08% May 14, 2026 - May 26, 2026
#9	-3.73% Jan 30, 2015 - Feb 11, 2016	-6.98% Apr 26, 2011 - Jul 7, 2011
#10	-2.81% Apr 9, 2008 - Sep 4, 2008	-6.39% Nov 3, 2025 - Jan 6, 2026
#11	-2.75% May 7, 2007 - Aug 16, 2007	-4.74% Sep 16, 2025 - Oct 20, 2025
#12	-2.58% Sep 4, 2019 - Jan 23, 2020	-4.40% Jul 26, 2017 - Sep 12, 2017
#13	-2.00% Nov 12, 2012 - Apr 15, 2013	-4.40% May 6, 2026 - May 14, 2026
#14	-1.98% Jul 24, 2012 - Nov 7, 2012	-4.08% Sep 18, 2017 - Oct 12, 2017
#15	-1.86% Nov 30, 2009 - Mar 2, 2010	-3.80% May 7, 2021 - Jun 2, 2021

Correlation

Correlation between GBF and FPA is 0.62 which considered as a moderate positive correlation - the stocks show some tendency to move together.

0.62

-101

Dividend Comparison (2007 - 2026)

GBF vs FPA dividend yield comparison.

Year	GBF	FPA
2026	1.90%	1.20%
2025	3.81%	4.71%
2024	3.94%	3.40%
2023	3.03%	3.02%
2022	2.13%	4.22%
2021	1.22%	5.12%
2020	1.64%	1.59%
2019	2.64%	3.90%
2018	2.59%	2.81%
2017	2.31%	3.15%
2016	2.09%	2.42%
2015	2.04%	1.74%
2014	2.08%	4.11%
2013	2.37%	2.35%
2012	2.53%	1.59%
2011	3.03%	2.17%
2010	3.19%	0.00%
2009	3.56%	0.00%
2008	4.17%	0.00%
2007	4.67%	0.00%