IQI vs FAD

Comparison between Invesco Quality Municipal Income Trust (IQI, ETF) and FIRST TRUST MULTI CAP GROWTH ALPHADEX FUND (FAD, ETF).

5-Year PerformanceFAD has outperformed IQI, delivering a return of +10.9% compared to +0.3%

IQI vs FAD - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	IQI(ETF)	FAD(ETF)
Net Assets	$535M	$537M
Expense Ratio	N/A	0.63%
Max Drawdown	55.16%	54.47%
Sharpe Ratio	1.15	1.43
5Y Beta	0.23	1.11
P/E Ratio	N/A	59.48
Forward P/E	N/A	20.85
5Y Dividends CAGR	4.25%	-11.95%
5Y EPS CAGR	N/A	14.96%
Debt to Equity	N/A	24.99%
P/S Ratio	N/A	3.11
P/B Ratio	N/A	4.80

Net Assets

IQI

$535M

Winner

FAD

$537M

Expense Ratio

IQI

N/A

FAD

0.63%

Max Drawdown

IQI

55.16%

Winner

FAD

54.47%

Sharpe Ratio

IQI

1.15

Winner

FAD

1.43

5Y Beta

Winner

IQI

0.23

FAD

1.11

P/E Ratio

IQI

N/A

FAD

59.48

Forward P/E

IQI

N/A

FAD

20.85

5Y Dividends CAGR

Winner

IQI

4.25%

FAD

-11.95%

5Y EPS CAGR

IQI

N/A

FAD

14.96%

Debt to Equity

IQI

N/A

FAD

24.99%

P/S Ratio

IQI

N/A

FAD

3.11

P/B Ratio

IQI

N/A

FAD

4.80

IQI vs FAD - Historical Returns

Returns include dividend reinvestment.

Period	IQI	FAD
1 month	+1.86%	+3.93%
3 months	+1.82%	+19.49%
6 months	+3.43%	+16.17%
1 year	+14.97%	+34.49%
5 years(CAGR)	+0.26%	+10.90%
10 years(CAGR)	+2.57%	+14.63%
Max(CAGR)	+5.33%	+10.63%

IQI

+1.86%

Winner

FAD

+3.93%

IQI

+1.82%

Winner

FAD

+19.49%

IQI

+3.43%

Winner

FAD

+16.17%

IQI

+14.97%

Winner

FAD

+34.49%

5Y(CAGR)

IQI

+0.26%

Winner

FAD

+10.90%

10Y(CAGR)

IQI

+2.57%

Winner

FAD

+14.63%

Max(CAGR)

IQI

+5.33%

Winner

FAD

+10.63%

IQI vs FAD - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	IQI	FAD
2026	+4.22%	+15.96%
2025	+8.56%	+16.74%
2024	+9.98%	+25.55%
2023	+4.31%	+20.72%
2022	-27.10%	-23.32%
2021	+9.25%	+22.92%
2020	+8.86%	+34.73%
2019	+15.59%	+27.81%
2018	-4.47%	-6.71%
2017	+6.13%	+24.65%
2016	+2.85%	+8.80%
2015	+8.13%	+2.91%
2014	+19.39%	+9.46%
2013	-14.68%	+35.86%
2012	+7.81%	+9.99%
2011	+19.74%	-1.93%
2010	+8.35%	+24.37%
2009	+33.00%	+30.88%
2008	-20.84%	-38.05%
2007	-8.00%	+1.78%
2006	+10.77%	N/A
2005	+10.91%	N/A
2004	+1.23%	N/A
2003	+11.68%	N/A
2002	+7.07%	N/A
2001	+9.01%	N/A
2000	+16.17%	N/A
1999	-6.11%	N/A

IQI vs FAD Drawdown Comparison

The maximum drawdown for IQI was -50.21%, occurring on Oct 10, 2008. Recovery took 692 trading sessions.

The maximum drawdown for FAD was -54.33%, occurring on Mar 6, 2009. Recovery took 841 trading sessions.

The current IQI drawdown is -3.42%. The current FAD drawdown is -0.24%.

Rank	IQI	FAD
#1	-50.21% May 7, 2007 - Feb 3, 2010	-54.33% Oct 10, 2007 - Feb 10, 2011
#2	-35.34% Jul 29, 2021 - Oct 25, 2023	-37.25% Feb 19, 2020 - Jul 30, 2020
#3	-26.28% Mar 4, 2020 - Nov 24, 2020	-31.99% Nov 16, 2021 - Jul 16, 2024
#4	-22.85% Jul 25, 2012 - Jan 13, 2015	-27.00% Sep 14, 2018 - Dec 20, 2019
#5	-18.18% Sep 30, 2010 - Oct 28, 2011	-24.87% Jul 7, 2011 - Jan 4, 2013
#6	-13.33% Aug 18, 2016 - Apr 10, 2019	-23.55% Dec 4, 2024 - Jul 23, 2025
#7	-11.24% Mar 23, 2004 - Feb 4, 2005	-16.92% Jul 16, 2015 - Jul 11, 2016
#8	-10.07% Jun 17, 2003 - Jan 15, 2004	-12.36% Feb 12, 2021 - Jun 24, 2021
#9	-9.68% Nov 5, 1999 - Feb 3, 2000	-11.08% Jul 3, 2014 - Nov 11, 2014
#10	-9.35% Feb 2, 2015 - Dec 1, 2015	-10.95% Jul 19, 2007 - Oct 10, 2007
#11	-8.54% Sep 12, 2000 - Jan 2, 2001	-10.66% Jan 22, 2026 - Apr 14, 2026
#12	-7.40% Mar 1, 2012 - Jun 11, 2012	-9.36% Oct 27, 2025 - Dec 11, 2025
#13	-7.23% Oct 2, 2002 - Feb 27, 2003	-9.33% Jan 26, 2018 - Mar 9, 2018
#14	-7.19% Feb 4, 2002 - Jul 10, 2002	-9.04% Apr 29, 2011 - Jul 7, 2011
#15	-7.14% Feb 8, 2000 - Jul 18, 2000	-9.01% Jul 16, 2024 - Aug 30, 2024

Correlation

Correlation between IQI and FAD is 0.85 which considered as a strong positive correlation - the stocks tend to move together.

0.85

-101

Dividend Comparison (2000 - 2026)

IQI vs FAD dividend yield comparison.

Year	IQI	FAD
2026	3.14%	0.01%
2025	7.60%	0.09%
2024	6.48%	0.59%
2023	4.70%	0.51%
2022	5.82%	0.60%
2021	4.53%	0.09%
2020	4.61%	0.32%
2019	4.88%	0.48%
2018	6.04%	0.20%
2017	5.33%	0.22%
2016	6.15%	0.64%
2015	6.08%	0.41%
2014	6.24%	0.44%
2013	7.39%	0.31%
2012	6.43%	1.40%
2011	6.46%	0.31%
2010	6.96%	0.29%
2009	6.59%	0.15%
2008	7.30%	0.23%
2007	5.66%	0.11%
2006	6.73%	0.00%
2005	7.70%	0.00%
2004	6.33%	0.00%
2003	8.51%	0.00%
2002	8.43%	0.00%
2001	8.85%	0.00%
2000	2.65%	0.00%