LGOV vs EMHY

Comparison between FIRST TRUST LONG DURATION OPPORTUNITIES ETF (LGOV, ETF) and ISHARES J.P. MORGAN EM HIGH YIELD BOND ETF (EMHY, ETF).

5-Year PerformanceEMHY has outperformed LGOV, delivering a return of +4.4% compared to -2.2%

LGOV vs EMHY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	LGOV(ETF)	EMHY(ETF)
Net Assets	$619M	$623M
Expense Ratio	0.49%	0.50%
Max Drawdown	37.47%	43.77%
Sharpe Ratio	-0.13	0.94
5Y Beta	0.03	0.29
5Y Dividends CAGR	2.58%	-1.06%

Net Assets

LGOV

$619M

Winner

EMHY

$623M

Expense Ratio

Winner

LGOV

0.49%

EMHY

0.50%

Max Drawdown

Winner

LGOV

37.47%

EMHY

43.77%

Sharpe Ratio

LGOV

-0.13

Winner

EMHY

0.94

5Y Beta

Winner

LGOV

0.03

EMHY

0.29

5Y Dividends CAGR

Winner

LGOV

2.58%

EMHY

-1.06%

LGOV vs EMHY - Historical Returns

Returns include dividend reinvestment.

Period	LGOV	EMHY
1 month	+0.61%	+1.01%
3 months	-0.36%	+1.49%
6 months	-3.95%	+2.24%
1 year	+2.47%	+9.34%
5 years(CAGR)	-2.23%	+4.37%
10 years(CAGR)	N/A	+4.20%
Max(CAGR)	+1.13%	+4.97%

LGOV

+0.61%

Winner

EMHY

+1.01%

LGOV

-0.36%

Winner

EMHY

+1.49%

LGOV

-3.95%

Winner

EMHY

+2.24%

LGOV

+2.47%

Winner

EMHY

+9.34%

5Y(CAGR)

LGOV

-2.23%

Winner

EMHY

+4.37%

10Y(CAGR)

LGOV

N/A

EMHY

+4.20%

Max(CAGR)

LGOV

+1.13%

Winner

EMHY

+4.97%

LGOV vs EMHY - Annual Returns (2012 - 2026)

Returns include dividend reinvestment.

Year	LGOV	EMHY
2026	-0.49%	+4.03%
2025	+9.08%	+13.16%
2024	-1.38%	+12.94%
2023	+3.91%	+10.68%
2022	-18.69%	-12.40%
2021	-2.09%	-1.83%
2020	+11.10%	+3.40%
2019	+11.54%	+12.72%
2018	N/A	-5.59%
2017	N/A	+8.51%
2016	N/A	+15.66%
2015	N/A	+1.72%
2014	N/A	+1.66%
2013	N/A	-6.95%
2012	N/A	+18.07%

LGOV vs EMHY Drawdown Comparison

The maximum drawdown for LGOV was -30.86%, occurring on Oct 19, 2023. This drawdown has not yet recovered.

The maximum drawdown for EMHY was -30.11%, occurring on Mar 18, 2020. Recovery took 204 trading sessions.

The current LGOV drawdown is -15.33%. The current EMHY drawdown is -0.05%.

Rank	LGOV	EMHY
#1	-30.86% Mar 9, 2020 - Oct 19, 2023	-30.11% Feb 14, 2020 - Dec 4, 2020
#2	-4.68% Sep 4, 2019 - Jan 30, 2020	-25.84% Sep 14, 2021 - Jul 31, 2024
#3	-1.68% Mar 28, 2019 - May 13, 2019	-14.90% Jul 24, 2014 - Apr 19, 2016
#4	-1.49% Jul 3, 2019 - Aug 1, 2019	-14.03% May 9, 2013 - May 23, 2014
#5	-1.15% Feb 26, 2019 - Mar 8, 2019	-9.70% Jan 5, 2018 - Mar 15, 2019
#6	-0.99% Jan 31, 2020 - Feb 18, 2020	-6.31% May 7, 2012 - Jul 6, 2012
#7	-0.83% Aug 15, 2019 - Aug 27, 2019	-5.96% Feb 28, 2025 - May 16, 2025
#8	-0.65% Jun 3, 2019 - Jun 18, 2019	-5.88% Oct 25, 2016 - Feb 3, 2017
#9	-0.44% Feb 8, 2019 - Feb 19, 2019	-4.47% Dec 30, 2020 - May 25, 2021
#10	-0.43% Feb 1, 2019 - Feb 7, 2019	-4.34% Feb 18, 2026 - Apr 17, 2026
#11	-0.39% Feb 20, 2019 - Feb 26, 2019	-3.99% Jul 26, 2019 - Dec 16, 2019
#12	-0.33% May 17, 2019 - May 23, 2019	-2.95% Jan 3, 2013 - May 2, 2013
#13	-0.31% Jun 28, 2019 - Jul 2, 2019	-2.73% Oct 19, 2017 - Jan 4, 2018
#14	-0.24% Aug 28, 2019 - Sep 3, 2019	-2.34% Dec 6, 2024 - Jan 30, 2025
#15	-0.24% Aug 8, 2019 - Aug 12, 2019	-2.20% Sep 7, 2016 - Oct 24, 2016

Correlation

Correlation between LGOV and EMHY is 0.06 which considered as a very weak or no correlation - the stocks move independently of each other.

0.06

-101

Dividend Comparison (2012 - 2026)

LGOV vs EMHY dividend yield comparison.

Year	LGOV	EMHY
2026	2.94%	3.81%
2025	4.02%	6.52%
2024	4.03%	6.86%
2023	3.59%	6.73%
2022	1.97%	7.08%
2021	2.58%	5.58%
2020	3.75%	5.44%
2019	3.01%	5.72%
2018	0.00%	6.79%
2017	0.00%	5.59%
2016	0.00%	6.43%
2015	0.00%	6.99%
2014	0.00%	6.36%
2013	0.00%	6.03%
2012	0.00%	3.54%