HEEM vs FCT

Comparison between ISHARES CURRENCY HEDGED MSCI EMERGING MARKETS ETF (HEEM, ETF) and First Trust Senior Floting Rate Income Fund II (FCT, ETF).

5-Year PerformanceHEEM has outperformed FCT, delivering a return of +8.8% compared to +5.1%

HEEM vs FCT - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	HEEM(ETF)	FCT(ETF)
Net Assets	$258M	$258M
Expense Ratio	0.72%	N/A
Max Drawdown	35.35%	72.72%
Sharpe Ratio	2.09	0.74
5Y Beta	0.72	0.31
5Y Dividends CAGR	14.21%	-1.25%

Net Assets

HEEM

$258M

Winner

FCT

$258M

Expense Ratio

HEEM

0.72%

FCT

N/A

Max Drawdown

Winner

HEEM

35.35%

FCT

72.72%

Sharpe Ratio

Winner

HEEM

2.09

FCT

0.74

5Y Beta

HEEM

0.72

Winner

FCT

0.31

5Y Dividends CAGR

Winner

HEEM

14.21%

FCT

-1.25%

HEEM vs FCT - Historical Returns

Returns include dividend reinvestment.

Period	HEEM	FCT
1 month	+0.44%	-1.05%
3 months	+12.89%	+1.16%
6 months	+21.67%	+7.69%
1 year	+50.32%	+9.89%
5 years(CAGR)	+8.77%	+5.14%
10 years(CAGR)	+10.47%	+5.96%
Max(CAGR)	+8.15%	+4.36%

Winner

HEEM

+0.44%

FCT

-1.05%

Winner

HEEM

+12.89%

FCT

+1.16%

Winner

HEEM

+21.67%

FCT

+7.69%

Winner

HEEM

+50.32%

FCT

+9.89%

5Y(CAGR)

Winner

HEEM

+8.77%

FCT

+5.14%

10Y(CAGR)

Winner

HEEM

+10.47%

FCT

+5.96%

Max(CAGR)

Winner

HEEM

+8.15%

FCT

+4.36%

HEEM vs FCT - Annual Returns (2004 - 2026)

Returns include dividend reinvestment.

Year	HEEM	FCT
2026	+17.66%	+0.88%
2025	+34.47%	+8.24%
2024	+13.00%	+16.34%
2023	+8.27%	+17.29%
2022	-17.43%	-14.17%
2021	-2.74%	+14.07%
2020	+15.36%	+2.88%
2019	+17.92%	+17.89%
2018	-12.68%	-8.16%
2017	+26.04%	-1.63%
2016	+11.00%	+20.96%
2015	-9.15%	+1.15%
2014	-1.12%	-4.54%
2013	N/A	-1.00%
2012	N/A	+20.82%
2011	N/A	+0.14%
2010	N/A	+21.46%
2009	N/A	+63.87%
2008	N/A	-49.92%
2007	N/A	-9.25%
2006	N/A	+15.61%
2005	N/A	-2.71%
2004	N/A	-5.57%

HEEM vs FCT Drawdown Comparison

The maximum drawdown for HEEM was -33.53%, occurring on Oct 24, 2022. Recovery took 1097 trading sessions.

The maximum drawdown for FCT was -67.23%, occurring on Dec 15, 2008. Recovery took 954 trading sessions.

The current HEEM drawdown is -7.80%. The current FCT drawdown is -1.15%.

Rank	HEEM	FCT
#1	-33.53% Feb 17, 2021 - Jul 1, 2025	-67.23% Jun 22, 2007 - Apr 5, 2011
#2	-28.82% Jan 26, 2018 - Aug 5, 2020	-39.88% Jan 24, 2020 - Dec 8, 2020
#3	-27.54% Apr 27, 2015 - Jul 11, 2017	-23.85% Apr 20, 2022 - May 15, 2024
#4	-10.83% Feb 25, 2026 - Apr 17, 2026	-20.17% May 19, 2011 - Mar 16, 2012
#5	-8.71% Nov 21, 2014 - Jan 22, 2015	-16.16% Mar 8, 2013 - Aug 5, 2016
#6	-7.80% Jun 2, 2026 - Jun 5, 2026	-14.90% May 1, 2018 - Nov 26, 2019
#7	-5.70% Aug 26, 2020 - Oct 12, 2020	-11.61% Feb 14, 2025 - Jun 26, 2025
#8	-5.39% Nov 21, 2017 - Jan 2, 2018	-10.68% Jul 7, 2004 - Jun 22, 2006
#9	-5.25% Jan 25, 2021 - Feb 5, 2021	-8.32% Nov 2, 2012 - Jan 4, 2013
#10	-4.29% Feb 20, 2015 - Apr 2, 2015	-7.56% Sep 15, 2021 - Mar 18, 2022
#11	-4.17% Oct 8, 2025 - Oct 20, 2025	-6.87% Apr 2, 2012 - Jul 17, 2012
#12	-4.14% Oct 29, 2025 - Dec 4, 2025	-5.10% Mar 10, 2017 - Mar 26, 2018
#13	-4.13% May 11, 2026 - May 26, 2026	-5.03% Sep 2, 2025 - Dec 10, 2025
#14	-3.56% Jan 22, 2015 - Feb 13, 2015	-4.83% Oct 4, 2012 - Nov 2, 2012
#15	-3.36% Oct 6, 2014 - Oct 31, 2014	-4.75% Aug 1, 2024 - Aug 26, 2024

Correlation

Correlation between HEEM and FCT is 0.90 which considered as a strong positive correlation - the stocks tend to move together.

0.90

-101

Dividend Comparison (2004 - 2026)

HEEM vs FCT dividend yield comparison.

Year	HEEM	FCT
2026	0.00%	6.08%
2025	3.98%	11.56%
2024	2.38%	11.25%
2023	2.75%	10.62%
2022	7.49%	9.03%
2021	1.93%	9.23%
2020	1.49%	9.88%
2019	3.04%	6.60%
2018	2.37%	6.49%
2017	2.05%	6.16%
2016	1.84%	6.11%
2015	6.28%	7.17%
2014	2.04%	6.51%
2013	0.00%	6.40%
2012	0.00%	6.49%
2011	0.00%	6.80%
2010	0.00%	3.88%
2009	0.00%	4.26%
2008	0.00%	13.59%
2007	0.00%	9.62%
2006	0.00%	8.11%
2005	0.00%	7.20%
2004	0.00%	2.91%