NANR vs FEM

Comparison between STATE STREET(R) SPDR(R) S&P(R) NORTH AMERICAN NATURAL RESOURCES ETF (NANR, ETF) and FIRST TRUST EMERGING MARKETS ALPHADEX FUND (FEM, ETF).

5-Year PerformanceNANR has outperformed FEM, delivering a return of +22.8% compared to +9.3%

NANR vs FEM - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	NANR(ETF)	FEM(ETF)
Net Assets	$758M	$749M
Expense Ratio	0.35%	0.80%
Max Drawdown	51.14%	49.78%
Sharpe Ratio	2.27	1.16
5Y Beta	0.71	0.70
P/E Ratio	19.70	N/A
Forward P/E	14.10	N/A
5Y Dividends CAGR	7.34%	1.78%
5Y EPS CAGR	25.58%	N/A
Debt to Equity	18.32%	N/A
P/S Ratio	1.40	N/A
P/B Ratio	2.21	N/A

Net Assets

Winner

NANR

$758M

FEM

$749M

Expense Ratio

Winner

NANR

0.35%

FEM

0.80%

Max Drawdown

NANR

51.14%

Winner

FEM

49.78%

Sharpe Ratio

Winner

NANR

2.27

FEM

1.16

5Y Beta

NANR

0.71

Winner

FEM

0.70

P/E Ratio

NANR

19.70

FEM

N/A

Forward P/E

NANR

14.10

FEM

N/A

5Y Dividends CAGR

Winner

NANR

7.34%

FEM

1.78%

5Y EPS CAGR

NANR

25.58%

FEM

N/A

Debt to Equity

NANR

18.32%

FEM

N/A

P/S Ratio

NANR

1.40

FEM

N/A

P/B Ratio

NANR

2.21

FEM

N/A

NANR vs FEM - Historical Returns

Returns include dividend reinvestment.

Period	NANR	FEM
1 month	+15.29%	+4.75%
3 months	+11.91%	+2.92%
6 months	+11.60%	+6.77%
1 year	+57.08%	+28.83%
5 years(CAGR)	+22.78%	+9.33%
10 years(CAGR)	+12.93%	+8.52%
Max(CAGR)	+15.68%	+4.03%

Winner

NANR

+15.29%

FEM

+4.75%

Winner

NANR

+11.91%

FEM

+2.92%

Winner

NANR

+11.60%

FEM

+6.77%

Winner

NANR

+57.08%

FEM

+28.83%

5Y(CAGR)

Winner

NANR

+22.78%

FEM

+9.33%

10Y(CAGR)

Winner

NANR

+12.93%

FEM

+8.52%

Max(CAGR)

Winner

NANR

+15.68%

FEM

+4.03%

NANR vs FEM - Annual Returns (2011 - 2026)

Returns include dividend reinvestment.

Year	NANR	FEM
2026	+33.46%	+19.02%
2025	+33.71%	+28.57%
2024	+1.99%	+3.92%
2023	-1.48%	+10.62%
2022	+25.72%	-15.44%
2021	+33.41%	+5.51%
2020	+1.21%	-3.18%
2019	+18.39%	+20.62%
2018	-18.31%	-16.98%
2017	+6.93%	+39.11%
2016	+40.16%	+18.71%
2015	-0.31%	-13.48%
2014	N/A	-8.74%
2013	N/A	-5.37%
2012	N/A	+18.21%
2011	N/A	-23.58%

NANR vs FEM Drawdown Comparison

The maximum drawdown for NANR was -49.15%, occurring on Mar 18, 2020. Recovery took 743 trading sessions.

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

The current FEM drawdown is -1.93%.

Rank	NANR	FEM
#1	-49.15% Jan 24, 2018 - Jan 6, 2021	-46.21% Jan 26, 2018 - May 7, 2021
#2	-26.42% Apr 18, 2022 - May 17, 2024	-41.78% Apr 27, 2011 - Aug 24, 2017
#3	-18.38% Nov 22, 2024 - Jun 13, 2025	-31.71% Sep 13, 2021 - May 17, 2024
#4	-17.71% Dec 24, 2015 - Feb 17, 2016	-18.82% May 17, 2024 - Jun 11, 2025
#5	-17.01% Jun 4, 2021 - Oct 20, 2021	-10.88% May 11, 2026 - Jul 29, 2026
#6	-13.47% Jan 24, 2017 - Dec 21, 2017	-9.31% Feb 25, 2026 - Apr 9, 2026
#7	-12.31% Mar 2, 2026 - Aug 11, 2026	-8.61% Jun 2, 2021 - Sep 7, 2021
#8	-10.83% May 20, 2024 - Nov 22, 2024	-7.06% Oct 5, 2017 - Jan 2, 2018
#9	-10.00% Jan 14, 2021 - Feb 16, 2021	-4.85% Nov 12, 2025 - Dec 23, 2025
#10	-8.71% Aug 18, 2016 - Dec 13, 2016	-4.67% Sep 20, 2017 - Oct 5, 2017
#11	-8.32% Apr 29, 2016 - Jun 7, 2016	-4.66% Jan 28, 2026 - Feb 11, 2026
#12	-7.77% Nov 15, 2021 - Jan 4, 2022	-4.53% Sep 22, 2025 - Nov 3, 2025
#13	-7.17% Mar 12, 2021 - Apr 28, 2021	-4.32% May 7, 2021 - Jun 1, 2021
#14	-6.64% Mar 18, 2016 - Apr 12, 2016	-3.00% Jun 12, 2025 - Jun 26, 2025
#15	-5.83% Oct 8, 2025 - Nov 12, 2025	-2.79% Jul 24, 2025 - Aug 6, 2025

Correlation

Correlation between NANR and FEM is 0.84 which considered as a strong positive correlation - the stocks tend to move together.

0.84

-101

Dividend Comparison (2011 - 2026)

NANR vs FEM dividend yield comparison.

Year	NANR	FEM
2026	0.78%	0.68%
2025	1.77%	3.13%
2024	2.20%	3.66%
2023	2.78%	4.96%
2022	2.70%	6.15%
2021	2.61%	4.15%
2020	2.73%	2.68%
2019	2.02%	3.31%
2018	1.95%	3.52%
2017	1.83%	2.45%
2016	5.01%	2.25%
2015	0.01%	3.61%
2014	0.00%	2.85%
2013	0.00%	2.62%
2012	0.00%	2.21%
2011	0.00%	0.92%