HSMV vs FCA

Comparison between FIRST TRUST HORIZON MANAGED VOLATILITY SMALL/MID ETF (HSMV, ETF) and FIRST TRUST CHINA ALPHADEX FUND (FCA, ETF).

5-Year PerformanceHSMV has outperformed FCA, delivering a return of +5.1% compared to +2.1%

HSMV vs FCA - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	HSMV(ETF)	FCA(ETF)
Net Assets	$35M	$35M
Expense Ratio	0.80%	0.80%
Max Drawdown	19.84%	51.39%
Sharpe Ratio	0.68	0.39
5Y Beta	0.50	0.64
P/E Ratio	16.44	N/A
Forward P/E	15.21	N/A
5Y Dividends CAGR	23.96%	-5.46%
5Y EPS CAGR	6.45%	N/A
Debt to Equity	48.17%	N/A
P/S Ratio	1.64	N/A
P/B Ratio	1.77	N/A

Net Assets

HSMV

$35M

FCA

$35M

Expense Ratio

HSMV

0.80%

FCA

0.80%

Max Drawdown

Winner

HSMV

19.84%

FCA

51.39%

Sharpe Ratio

Winner

HSMV

0.68

FCA

0.39

5Y Beta

Winner

HSMV

0.50

FCA

0.64

P/E Ratio

HSMV

16.44

FCA

N/A

Forward P/E

HSMV

15.21

FCA

N/A

5Y Dividends CAGR

Winner

HSMV

23.96%

FCA

-5.46%

5Y EPS CAGR

HSMV

6.45%

FCA

N/A

Debt to Equity

HSMV

48.17%

FCA

N/A

P/S Ratio

HSMV

1.64

FCA

N/A

P/B Ratio

HSMV

1.77

FCA

N/A

HSMV vs FCA - Historical Returns

Returns include dividend reinvestment.

Period	HSMV	FCA
1 month	+4.27%	-9.50%
3 months	+3.47%	-16.36%
6 months	+5.90%	-13.48%
1 year	+11.19%	+7.31%
5 years(CAGR)	+5.14%	+2.11%
10 years(CAGR)	N/A	+7.68%
Max(CAGR)	+11.66%	+2.66%

Winner

HSMV

+4.27%

FCA

-9.50%

Winner

HSMV

+3.47%

FCA

-16.36%

Winner

HSMV

+5.90%

FCA

-13.48%

Winner

HSMV

+11.19%

FCA

+7.31%

5Y(CAGR)

Winner

HSMV

+5.14%

FCA

+2.11%

10Y(CAGR)

HSMV

N/A

FCA

+7.68%

Max(CAGR)

Winner

HSMV

+11.66%

FCA

+2.66%

HSMV vs FCA - Annual Returns (2011 - 2026)

Returns include dividend reinvestment.

Year	HSMV	FCA
2026	+9.61%	-7.90%
2025	+2.19%	+46.63%
2024	+13.29%	+14.89%
2023	+4.87%	-11.07%
2022	-9.51%	-19.20%
2021	+25.06%	-0.35%
2020	+34.69%	+9.99%
2019	N/A	+19.40%
2018	N/A	-20.75%
2017	N/A	+60.19%
2016	N/A	-0.94%
2015	N/A	-7.81%
2014	N/A	-0.40%
2013	N/A	-6.05%
2012	N/A	+30.30%
2011	N/A	-35.23%

HSMV vs FCA Drawdown Comparison

The maximum drawdown for HSMV was -19.16%, occurring on Sep 30, 2022. Recovery took 590 trading sessions.

The maximum drawdown for FCA was -45.59%, occurring on Feb 11, 2016. Recovery took 598 trading sessions.

The current HSMV drawdown is -1.30%. The current FCA drawdown is -21.50%.

Rank	HSMV	FCA
#1	-19.16% Jan 4, 2022 - May 10, 2024	-45.59% May 4, 2015 - Sep 15, 2017
#2	-15.45% Nov 25, 2024 - Feb 6, 2026	-45.41% Apr 21, 2011 - Apr 9, 2015
#3	-9.48% Aug 12, 2020 - Nov 9, 2020	-42.46% Sep 13, 2021 - Aug 15, 2025
#4	-8.83% Jun 8, 2020 - Aug 7, 2020	-39.97% Jan 26, 2018 - Feb 16, 2021
#5	-8.59% Apr 29, 2020 - May 26, 2020	-24.13% May 13, 2026 - Jul 17, 2026
#6	-7.83% Mar 2, 2026 - Jun 26, 2026	-13.69% Feb 17, 2021 - Jun 1, 2021
#7	-6.87% Nov 15, 2021 - Dec 28, 2021	-11.39% Oct 5, 2017 - Jan 2, 2018
#8	-5.35% Jul 30, 2024 - Aug 23, 2024	-10.09% Jun 28, 2021 - Sep 8, 2021
#9	-4.86% Sep 2, 2021 - Oct 21, 2021	-10.03% Mar 2, 2026 - May 13, 2026
#10	-4.38% Apr 9, 2020 - Apr 27, 2020	-8.34% Sep 21, 2017 - Oct 5, 2017
#11	-4.35% Jun 11, 2021 - Aug 27, 2021	-6.58% Nov 14, 2025 - Jan 5, 2026
#12	-4.07% Jan 25, 2021 - Feb 5, 2021	-6.44% Oct 8, 2025 - Nov 11, 2025
#13	-3.93% Mar 15, 2021 - Apr 5, 2021	-5.31% Jan 29, 2026 - Feb 10, 2026
#14	-3.84% May 15, 2024 - Jul 11, 2024	-4.26% Aug 26, 2025 - Sep 9, 2025
#15	-3.79% May 7, 2021 - Jun 8, 2021	-4.02% Jun 14, 2021 - Jun 25, 2021

Correlation

Correlation between HSMV and FCA is 0.51 which considered as a moderate positive correlation - the stocks show some tendency to move together.

0.51

-101

Dividend Comparison (2011 - 2026)

HSMV vs FCA dividend yield comparison.

Year	HSMV	FCA
2026	0.69%	1.50%
2025	2.01%	2.67%
2024	1.43%	5.17%
2023	1.43%	5.70%
2022	1.26%	6.00%
2021	0.76%	4.91%
2020	0.80%	4.12%
2019	0.00%	3.73%
2018	0.00%	3.10%
2017	0.00%	2.30%
2016	0.00%	2.51%
2015	0.00%	4.13%
2014	0.00%	2.47%
2013	0.00%	2.86%
2012	0.00%	1.46%
2011	0.00%	2.29%