IDHQ vs FEM

Comparison between INVESCO S&P INTERNATIONAL DEVELOPED QUALITY ETF (IDHQ, ETF) and FIRST TRUST EMERGING MARKETS ALPHADEX FUND (FEM, ETF).

5-Year PerformanceIDHQ has outperformed FEM, delivering a return of +7.5% compared to +6.3%

IDHQ vs FEM - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	IDHQ(ETF)	FEM(ETF)
Net Assets	$741M	$742M
Expense Ratio	0.29%	0.80%
Max Drawdown	74.48%	49.78%
Sharpe Ratio	1.00	1.54
5Y Beta	0.78	0.66
5Y Dividends CAGR	9.86%	4.66%

Net Assets

IDHQ

$741M

Winner

FEM

$742M

Expense Ratio

Winner

IDHQ

0.29%

FEM

0.80%

Max Drawdown

IDHQ

74.48%

Winner

FEM

49.78%

Sharpe Ratio

IDHQ

1.00

Winner

FEM

1.54

5Y Beta

IDHQ

0.78

Winner

FEM

0.66

5Y Dividends CAGR

Winner

IDHQ

9.86%

FEM

4.66%

IDHQ vs FEM - Historical Returns

Returns include dividend reinvestment.

Period	IDHQ	FEM
1 month	+0.18%	-6.60%
3 months	+7.05%	+5.36%
6 months	+14.58%	+15.85%
1 year	+24.04%	+34.98%
5 years(CAGR)	+7.54%	+6.25%
10 years(CAGR)	+9.34%	+9.14%
Max(CAGR)	+4.68%	+3.71%

Winner

IDHQ

+0.18%

FEM

-6.60%

Winner

IDHQ

+7.05%

FEM

+5.36%

IDHQ

+14.58%

Winner

FEM

+15.85%

IDHQ

+24.04%

Winner

FEM

+34.98%

5Y(CAGR)

Winner

IDHQ

+7.54%

FEM

+6.25%

10Y(CAGR)

Winner

IDHQ

+9.34%

FEM

+9.14%

Max(CAGR)

Winner

IDHQ

+4.68%

FEM

+3.71%

IDHQ vs FEM - Annual Returns (2007 - 2026)

Returns include dividend reinvestment.

Year	IDHQ	FEM
2026	+10.95%	+12.63%
2025	+27.58%	+28.57%
2024	+2.53%	+3.92%
2023	+18.87%	+10.62%
2022	-20.24%	-15.44%
2021	+10.42%	+5.51%
2020	+14.52%	-3.18%
2019	+29.03%	+20.62%
2018	-13.22%	-16.98%
2017	+28.56%	+39.11%
2016	+0.03%	+18.71%
2015	+8.51%	-13.48%
2014	-0.87%	-8.74%
2013	+13.37%	-5.37%
2012	+17.69%	+18.21%
2011	-16.78%	-23.58%
2010	+10.45%	N/A
2009	+40.16%	N/A
2008	-50.73%	N/A
2007	-4.34%	N/A

IDHQ vs FEM Drawdown Comparison

The maximum drawdown for IDHQ was -73.84%, occurring on Mar 9, 2009. Recovery took 2543 trading sessions.

The maximum drawdown for FEM was -46.21%, occurring on Mar 18, 2020. Recovery took 825 trading sessions.

The current IDHQ drawdown is -5.70%. The current FEM drawdown is -7.20%.

Rank	IDHQ	FEM
#1	-73.84% Dec 6, 2007 - Jan 12, 2018	-46.21% Jan 26, 2018 - May 7, 2021
#2	-33.55% Sep 3, 2021 - Mar 7, 2024	-41.78% Apr 27, 2011 - Aug 24, 2017
#3	-30.51% Jan 17, 2020 - Aug 17, 2020	-31.71% Sep 13, 2021 - May 17, 2024
#4	-19.91% Jan 26, 2018 - Oct 28, 2019	-18.82% May 17, 2024 - Jun 11, 2025
#5	-15.71% Jul 12, 2007 - Oct 11, 2007	-9.31% Feb 25, 2026 - Apr 9, 2026
#6	-14.07% Sep 26, 2024 - May 15, 2025	-8.61% Jun 2, 2021 - Sep 7, 2021
#7	-13.70% Oct 31, 2007 - Dec 6, 2007	-7.20% May 11, 2026 - Jun 5, 2026
#8	-13.46% Feb 25, 2026 - May 6, 2026	-7.06% Oct 5, 2017 - Jan 2, 2018
#9	-7.37% Jan 25, 2021 - Apr 15, 2021	-4.85% Nov 12, 2025 - Dec 23, 2025
#10	-7.11% Jul 12, 2024 - Aug 21, 2024	-4.67% Sep 20, 2017 - Oct 5, 2017
#11	-7.09% Oct 12, 2020 - Nov 5, 2020	-4.66% Jan 28, 2026 - Feb 11, 2026
#12	-5.70% May 28, 2026 - Jun 5, 2026	-4.53% Sep 22, 2025 - Nov 3, 2025
#13	-5.40% Mar 7, 2024 - May 14, 2024	-4.32% May 7, 2021 - Jun 1, 2021
#14	-5.00% Jul 23, 2025 - Sep 8, 2025	-3.00% Jun 12, 2025 - Jun 26, 2025
#15	-4.98% Nov 12, 2025 - Dec 10, 2025	-2.79% Jul 24, 2025 - Aug 6, 2025

Correlation

Correlation between IDHQ and FEM is 0.91 which considered as a very strong positive correlation - the stocks move almost identically together.

0.91

-101

Dividend Comparison (2007 - 2026)

IDHQ vs FEM dividend yield comparison.

Year	IDHQ	FEM
2026	0.60%	0.11%
2025	2.46%	3.13%
2024	2.41%	3.66%
2023	2.52%	4.96%
2022	3.33%	6.15%
2021	2.10%	4.15%
2020	1.60%	2.68%
2019	2.10%	3.31%
2018	2.67%	3.52%
2017	1.68%	2.45%
2016	2.36%	2.25%
2015	1.71%	3.61%
2014	1.75%	2.85%
2013	1.70%	2.62%
2012	1.92%	2.21%
2011	0.89%	0.92%
2010	3.23%	0.00%
2009	2.21%	0.00%
2008	3.71%	0.00%
2007	0.53%	0.00%