RFEM vs GOP

Comparison between FIRST TRUST RIVERFRONT DYNAMIC EMERGING MARKETS ETF (RFEM, ETF) and UNUSUAL WHALES SUBVERSIVE REPUBLICAN TRADING ETF (GOP, ETF).

5-Year PerformanceGOP has outperformed RFEM, delivering a return of +8.4% compared to +8.4%

RFEM vs GOP - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	RFEM(ETF)	GOP(ETF)
Net Assets	$81M	$81M
Expense Ratio	0.99%	0.73%
Max Drawdown	45.64%	16.02%
Sharpe Ratio	1.74	1.83
5Y Beta	0.77	0.73
P/E Ratio	N/A	23.24
Forward P/E	N/A	18.80
PEG Ratio	N/A	0.07
5Y Dividends CAGR	12.60%	N/A
5Y EPS CAGR	N/A	23.13%
P/S Ratio	N/A	2.41
P/B Ratio	N/A	3.61

Net Assets

Winner

RFEM

$81M

GOP

$81M

Expense Ratio

RFEM

0.99%

Winner

GOP

0.73%

Max Drawdown

RFEM

45.64%

Winner

GOP

16.02%

Sharpe Ratio

RFEM

1.74

Winner

GOP

1.83

5Y Beta

RFEM

0.77

Winner

GOP

0.73

P/E Ratio

RFEM

N/A

GOP

23.24

Forward P/E

RFEM

N/A

GOP

18.80

PEG Ratio

RFEM

N/A

GOP

0.07

5Y Dividends CAGR

RFEM

12.60%

GOP

N/A

5Y EPS CAGR

RFEM

N/A

GOP

23.13%

P/S Ratio

RFEM

N/A

GOP

2.41

P/B Ratio

RFEM

N/A

GOP

3.61

RFEM vs GOP - Holdings Comparison

RFEM and GOP have 1 common holdings. Overlap is -0.04%

RFEM's top 25 holdings weight is 60.71%. GOP's top 25 holdings weight is 57.73%.

Rank	RFEM	GOP
#1	n/a (n/a) - 10.50%	COMFORT SYSTEMS USA INC (FIX) - 8.71%
#2	MEDIATEK INC (n/a) - 7.66%	INTEL CORP (INTC) - 6.82%
#3	UNIMICRON TECHNOLOGY CORP (n/a) - 3.88%	JPMORGAN CHASE & CO (JPM) - 3.86%
#4	ISHARES MSCI CHINA ETF (MCHI) - 3.32%	NVIDIA CORP (NVDA) - 3.44%
#5	TENCENT HOLDINGS LTD (n/a) - 3.31%	ARISTA NETWORKS INC (ANET) - 3.21%
#6	KIA CORP (n/a) - 3.05%	ISHARES BITCOIN TRUST ETF (IBIT) - 3.13%
#7	n/a (n/a) - 2.06%	ADVANCED MICRO DEVICES INC (AMD) - 2.86%
#8	n/a (n/a) - 2.05%	UNITED THERAPEUTICS CORP (UTHR) - 2.12%
#9	n/a (n/a) - 1.98%	ASML HOLDING NV ADR (ASML) - 1.88%
#10	HYUNDAI MOTOR CO (n/a) - 1.96%	AT&T INC (T) - 1.87%
#11	GLOBAL UNICHIP CORP (n/a) - 1.88%	ALLSTATE CORP (ALL) - 1.76%
#12	HDFC BANK LTD (n/a) - 1.87%	CHEVRON CORP (CVX) - 1.64%
#13	LENOVO GROUP LTD (n/a) - 1.71%	CONOCOPHILLIPS (COP) - 1.51%
#14	JENTECH PRECISION INDUSTRIAL CO LTD (n/a) - 1.64%	TEXAS INSTRUMENTS INC (TXN) - 1.50%
#15	n/a (n/a) - 1.61%	TYSON FOODS INC CLASS A (TSN) - 1.42%
#16	KASIKORNBANK PUBLIC CO LTD (n/a) - 1.58%	NVENT ELECTRIC PLC (NVT) - 1.39%
#17	ORLEN SA (n/a) - 1.32%	NATIONAL FUEL GAS CO (NFG) - 1.38%
#18	BANK HAPOALIM BM (n/a) - 1.32%	SIMON PROPERTY GROUP INC (SPG) - 1.30%
#19	EICHER MOTORS LTD (n/a) - 1.27%	NGL ENERGY PARTNERS LP (NGL) - 1.25%
#20	STATE STREET® SPDR® S&P® CHINA ETF (GXC) - 1.21%	JOHNSON & JOHNSON (JNJ) - 1.23%
#21	ICICI BANK LTD (n/a) - 1.14%	BROADCOM INC (AVGO) - 1.20%
#22	SAMSUNG SDS CO LTD (n/a) - 1.12%	LGI HOMES INC (LGIH) - 1.14%
#23	SHRIRAM FINANCE LTD (n/a) - 1.10%	n/a (SHEL) - 1.11%
#24	VALE SA (n/a) - 1.09%	RTX CORP (RTX) - 1.01%
#25	TUPRAS-TURKIYE PETROL RAFINELERI AS (n/a) - 1.08%	TESLA INC (TSLA) - 0.99%
Total Holdings	121	139

RFEM vs GOP - Historical Returns

Returns include dividend reinvestment.

Period	RFEM	GOP
1 month	-2.54%	-1.99%
3 months	+10.55%	+13.41%
6 months	+18.81%	+17.32%
1 year	+36.81%	+31.84%
5 years(CAGR)	+8.39%	+8.43%
10 years(CAGR)	+9.84%	+9.32%
Max(CAGR)	+9.84%	+9.32%

RFEM

-2.54%

Winner

GOP

-1.99%

RFEM

+10.55%

Winner

GOP

+13.41%

Winner

RFEM

+18.81%

GOP

+17.32%

Winner

RFEM

+36.81%

GOP

+31.84%

5Y(CAGR)

RFEM

+8.39%

Winner

GOP

+8.43%

10Y(CAGR)

Winner

RFEM

+9.84%

GOP

+9.32%

Max(CAGR)

Winner

RFEM

+9.84%

GOP

+9.32%

RFEM vs GOP - Annual Returns (2016 - 2026)

Returns include dividend reinvestment.

Year	RFEM	GOP
2026	+15.20%	+16.28%
2025	+27.41%	+19.24%
2024	+12.03%	N/A
2023	+21.35%	N/A
2022	-19.44%	N/A
2021	+0.45%	N/A
2020	+6.01%	N/A
2019	+20.05%	N/A
2018	-20.67%	+4.40%
2017	+34.51%	+7.32%
2016	+8.60%	N/A

RFEM vs GOP Drawdown Comparison

The maximum drawdown for RFEM was -42.20%, occurring on Mar 23, 2020. Recovery took 747 trading sessions.

The maximum drawdown for GOP was -16.02%, occurring on Apr 8, 2025. Recovery took 34 trading sessions.

The current RFEM drawdown is -5.06%. The current GOP drawdown is -3.96%.

Rank	RFEM	GOP
#1	-42.20% Jan 26, 2018 - Jan 14, 2021	-16.02% Mar 24, 2025 - May 12, 2025
#2	-35.99% Feb 17, 2021 - Jul 5, 2024	-9.87% Jan 24, 2018 - Mar 12, 2018
#3	-15.81% Sep 26, 2024 - May 19, 2025	-6.88% Mar 2, 2026 - Apr 8, 2026
#4	-11.65% Feb 25, 2026 - Apr 17, 2026	-6.16% Mar 12, 2018 - Mar 21, 2025
#5	-10.45% Jul 12, 2024 - Sep 24, 2024	-6.14% Oct 28, 2025 - Dec 11, 2025
#6	-9.08% Sep 22, 2016 - Jan 25, 2017	-4.93% May 26, 2026 - Jun 5, 2026
#7	-6.53% Jun 23, 2016 - Jul 13, 2016	-3.18% Nov 3, 2017 - Nov 30, 2017
#8	-6.35% May 11, 2026 - May 26, 2026	-3.13% Dec 11, 2025 - Jan 5, 2026
#9	-6.27% Jun 2, 2026 - Jun 5, 2026	-3.10% Oct 8, 2025 - Oct 27, 2025
#10	-5.18% Jan 21, 2021 - Feb 5, 2021	-2.94% Jan 29, 2026 - Feb 6, 2026
#11	-4.83% Sep 6, 2016 - Sep 22, 2016	-2.85% May 11, 2026 - May 26, 2026
#12	-4.56% Mar 20, 2017 - May 9, 2017	-2.39% Jul 28, 2025 - Aug 12, 2025
#13	-4.27% Oct 6, 2025 - Oct 20, 2025	-2.39% May 19, 2025 - Jun 3, 2025
#14	-4.12% Nov 22, 2017 - Dec 29, 2017	-2.32% Feb 11, 2026 - Feb 25, 2026
#15	-3.68% Jul 23, 2025 - Aug 13, 2025	-2.02% Nov 30, 2017 - Dec 8, 2017

Correlation

Correlation between RFEM and GOP is 0.97 which considered as a very strong positive correlation - the stocks move almost identically together.

0.97

-101

Dividend Comparison (2016 - 2026)

RFEM vs GOP dividend yield comparison.

Year	RFEM	GOP
2026	0.05%	0.00%
2025	1.98%	0.69%
2024	3.64%	0.00%
2023	3.28%	0.00%
2022	7.74%	0.00%
2021	3.21%	0.00%
2020	1.22%	0.00%
2019	3.75%	0.00%
2018	2.37%	0.04%
2017	1.62%	0.18%
2016	3.73%	0.00%