PIFI vs FGM

Comparison between CLEARSHARES PITON INTERMEDIATE FIXED INCOME ETF (PIFI, ETF) and FIRST TRUST GERMANY ALPHADEX FUND (FGM, ETF).

5-Year PerformanceFGM has outperformed PIFI, delivering a return of +4.8% compared to +0.9%

PIFI vs FGM - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	PIFI(ETF)	FGM(ETF)
Net Assets	$98M	$98M
Expense Ratio	0.45%	0.80%
Max Drawdown	11.71%	54.06%
Sharpe Ratio	-0.45	0.56
5Y Beta	0.00	0.81
5Y Dividends CAGR	145.68%	0.58%

Net Assets

PIFI

$98M

FGM

$98M

Expense Ratio

Winner

PIFI

0.45%

FGM

0.80%

Max Drawdown

Winner

PIFI

11.71%

FGM

54.06%

Sharpe Ratio

PIFI

-0.45

Winner

FGM

0.56

5Y Beta

Winner

PIFI

0.00

FGM

0.81

5Y Dividends CAGR

Winner

PIFI

145.68%

FGM

0.58%

PIFI vs FGM - Historical Returns

Returns include dividend reinvestment.

Period	PIFI	FGM
1 month	-0.06%	-2.22%
3 months	-0.68%	-2.30%
6 months	-0.09%	-2.42%
1 year	+2.33%	+13.22%
5 years(CAGR)	+0.93%	+4.78%
10 years(CAGR)	N/A	+8.25%
Max(CAGR)	+0.72%	+7.27%

Winner

PIFI

-0.06%

FGM

-2.22%

Winner

PIFI

-0.68%

FGM

-2.30%

Winner

PIFI

-0.09%

FGM

-2.42%

PIFI

+2.33%

Winner

FGM

+13.22%

5Y(CAGR)

PIFI

+0.93%

Winner

FGM

+4.78%

10Y(CAGR)

PIFI

N/A

FGM

+8.25%

Max(CAGR)

PIFI

+0.72%

Winner

FGM

+7.27%

PIFI vs FGM - Annual Returns (2012 - 2026)

Returns include dividend reinvestment.

Year	PIFI	FGM
2026	-0.21%	+0.19%
2025	+6.32%	+65.26%
2024	+2.71%	+2.60%
2023	+4.39%	+11.42%
2022	-6.88%	-30.59%
2021	-1.29%	+4.62%
2020	+0.10%	+16.20%
2019	N/A	+21.50%
2018	N/A	-25.68%
2017	N/A	+43.92%
2016	N/A	+4.18%
2015	N/A	+2.14%
2014	N/A	-10.52%
2013	N/A	+26.99%
2012	N/A	+10.55%

PIFI vs FGM Drawdown Comparison

The maximum drawdown for PIFI was -10.59%, occurring on Oct 20, 2022. Recovery took 927 trading sessions.

The maximum drawdown for FGM was -51.56%, occurring on Mar 18, 2020. Recovery took 743 trading sessions.

The current PIFI drawdown is -1.55%. The current FGM drawdown is -9.33%.

Rank	PIFI	FGM
#1	-10.59% Dec 31, 2020 - Sep 10, 2024	-51.56% Jan 23, 2018 - Jan 5, 2021
#2	-2.71% Sep 16, 2024 - Mar 31, 2025	-51.07% Jun 7, 2021 - May 20, 2025
#3	-1.93% Feb 27, 2026 - May 19, 2026	-25.83% Jun 6, 2014 - May 4, 2017
#4	-1.51% Apr 4, 2025 - Apr 29, 2025	-18.47% Mar 23, 2012 - Sep 14, 2012
#5	-1.24% Apr 30, 2025 - Jun 23, 2025	-17.76% Feb 9, 2026 - Mar 20, 2026
#6	-0.76% Jun 30, 2025 - Aug 1, 2025	-11.00% Feb 1, 2013 - Aug 8, 2013
#7	-0.67% Oct 22, 2025 - Nov 24, 2025	-6.91% Oct 3, 2025 - Dec 10, 2025
#8	-0.58% Nov 26, 2025 - Dec 29, 2025	-6.40% Sep 14, 2012 - Nov 28, 2012
#9	-0.54% Sep 16, 2025 - Oct 10, 2025	-6.26% Jan 16, 2014 - Feb 13, 2014
#10	-0.44% Jan 7, 2026 - Feb 5, 2026	-5.96% Jul 23, 2025 - Aug 22, 2025
#11	-0.41% Oct 2, 2020 - Dec 28, 2020	-5.78% Mar 6, 2014 - May 30, 2014
#12	-0.30% Aug 13, 2025 - Aug 22, 2025	-4.72% Apr 16, 2021 - May 18, 2021
#13	-0.23% Sep 10, 2024 - Sep 13, 2024	-4.71% Feb 16, 2021 - Mar 17, 2021
#14	-0.21% Aug 4, 2025 - Aug 13, 2025	-4.56% Aug 14, 2013 - Sep 10, 2013
#15	-0.19% Aug 29, 2025 - Sep 3, 2025	-3.92% Aug 22, 2025 - Sep 30, 2025

Correlation

Correlation between PIFI and FGM is 0.92 which considered as a very strong positive correlation - the stocks move almost identically together.

0.92

-101

Dividend Comparison (2012 - 2026)

PIFI vs FGM dividend yield comparison.

Year	PIFI	FGM
2026	1.70%	1.34%
2025	3.16%	0.66%
2024	2.92%	2.56%
2023	2.29%	2.82%
2022	1.22%	5.44%
2021	0.25%	1.43%
2020	0.00%	1.33%
2019	0.00%	2.30%
2018	0.00%	2.18%
2017	0.00%	2.11%
2016	0.00%	1.33%
2015	0.00%	1.13%
2014	0.00%	1.92%
2013	0.00%	1.56%
2012	0.00%	1.23%