MGOV vs ALTL
Comparison between FIRST TRUST INTERMEDIATE GOVERNMENT OPPORTUNITIES ETF (MGOV, ETF) and PACER LUNT LARGE CAP ALTERNATOR ETF (ALTL, ETF).
MGOV vs ALTL - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
MGOV
$105M
Winner
ALTL
$105M
Expense Ratio
Winner
MGOV
0.49%
ALTL
0.60%
Max Drawdown
Winner
MGOV
7.35%
ALTL
33.20%
Sharpe Ratio
MGOV
-0.01
Winner
ALTL
0.79
5Y Beta
Winner
MGOV
0.02
ALTL
0.73
P/E Ratio
MGOV
N/A
ALTL
35.66
Forward P/E
MGOV
N/A
ALTL
20.00
5Y Dividends CAGR
MGOV
N/A
ALTL
4.12%
5Y EPS CAGR
MGOV
N/A
ALTL
16.44%
Debt to Equity
MGOV
N/A
ALTL
-102.55%
P/S Ratio
MGOV
N/A
ALTL
2.84
P/B Ratio
MGOV
N/A
ALTL
4.57
MGOV vs ALTL - Historical Returns
Returns include dividend reinvestment.
1M
Winner
MGOV
-1.69%
ALTL
-6.65%
3M
MGOV
-1.44%
Winner
ALTL
+4.69%
6M
MGOV
-0.89%
Winner
ALTL
+6.08%
1Y
MGOV
+4.21%
Winner
ALTL
+17.96%
5Y(CAGR)
MGOV
N/A
ALTL
+2.87%
Max(CAGR)
MGOV
+4.72%
Winner
ALTL
+12.74%
MGOV vs ALTL - Annual Returns (2020 - 2026)
Returns include dividend reinvestment.
| Year | MGOV | ALTL |
|---|---|---|
| 2026 | -0.33% | +8.70% |
| 2025 | +8.70% | +17.18% |
| 2024 | +1.97% | +11.30% |
| 2023 | +4.55% | -15.85% |
| 2022 | N/A | -11.91% |
| 2021 | N/A | +47.70% |
| 2020 | N/A | +33.75% |
MGOV vs ALTL Drawdown Comparison
The maximum drawdown for MGOV was -6.11%, occurring on Oct 19, 2023. Recovery took 78 trading sessions.
The maximum drawdown for ALTL was -31.91%, occurring on Oct 27, 2023. Recovery took 956 trading sessions.
The current MGOV drawdown is -3.02%. The current ALTL drawdown is -10.11%.
| Rank | MGOV | ALTL |
|---|---|---|
| #1 | -6.11% Aug 9, 2023 - Nov 29, 2023 | -31.91% Jan 4, 2022 - Oct 27, 2025 |
| #2 | -5.74% Sep 16, 2024 - Aug 1, 2025 | -10.36% Jun 22, 2026 - Jul 20, 2026 |
| #3 | -4.00% Feb 1, 2024 - Jun 14, 2024 | -9.79% Oct 27, 2025 - Jan 6, 2026 |
| #4 | -3.52% Feb 27, 2026 - May 19, 2026 | -9.60% Jan 14, 2021 - Feb 8, 2021 |
| #5 | -1.86% Dec 27, 2023 - Feb 1, 2024 | -8.75% Jun 2, 2026 - Jun 15, 2026 |
| #6 | -1.68% Jun 25, 2024 - Jul 11, 2024 | -7.66% Mar 15, 2021 - Apr 28, 2021 |
| #7 | -1.47% Aug 5, 2024 - Aug 23, 2024 | -6.81% Oct 12, 2020 - Nov 9, 2020 |
| #8 | -1.03% Nov 26, 2025 - Jan 14, 2026 | -6.72% Dec 8, 2021 - Dec 27, 2021 |
| #9 | -0.97% Oct 28, 2025 - Nov 25, 2025 | -6.61% Mar 2, 2026 - May 8, 2026 |
| #10 | -0.82% Jul 16, 2024 - Jul 29, 2024 | -6.29% Sep 2, 2021 - Nov 1, 2021 |
| #11 | -0.75% Jan 14, 2026 - Feb 6, 2026 | -6.15% May 11, 2026 - May 26, 2026 |
| #12 | -0.71% Sep 16, 2025 - Oct 10, 2025 | -6.07% Sep 2, 2020 - Oct 12, 2020 |
| #13 | -0.54% Aug 13, 2025 - Aug 22, 2025 | -5.49% Jul 6, 2020 - Jul 15, 2020 |
| #14 | -0.54% Jun 14, 2024 - Jun 25, 2024 | -4.92% Nov 24, 2020 - Dec 4, 2020 |
| #15 | -0.54% Dec 14, 2023 - Dec 20, 2023 | -4.65% Dec 10, 2020 - Jan 6, 2021 |
Correlation
Correlation between MGOV and ALTL is 0.87 which considered as a strong positive correlation - the stocks tend to move together.
0.87
-101
Dividend Comparison (2020 - 2026)
MGOV vs ALTL dividend yield comparison.
| Year | MGOV | ALTL |
|---|---|---|
| 2026 | 2.83% | 0.22% |
| 2025 | 4.95% | 0.95% |
| 2024 | 5.05% | 1.56% |
| 2023 | 1.47% | 1.28% |
| 2022 | 0.00% | 1.23% |
| 2021 | 0.00% | 1.06% |
| 2020 | 0.00% | 0.75% |
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