Performance analysis of First Merchants (FRMEP)
Annual Return
Over the past 3 years, FRMEP has had an average annual return of +9.10%, underperforming the benchmark SPY, which returned +19.62% annual.
Since Apr 1, 2022, FRMEP has had an average annual return of +6.89%, underperforming the benchmark SPY, which returned +13.89% annual.
| 2026 | 2025 | 2024 | 2023 | 2022 | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| +3.14% | +8.01% | +11.57% | +4.58% | +2.51% |
Monthly Return
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Annually Total |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +1.63% | +0.59% | +1.16% | -1.08% | -1.18% | +2.44% | -0.39% | +3.14% | |||||
| 2025 | +1.03% | +0.84% | -2.54% | +4.62% | -1.12% | +0.40% | +0.87% | +1% | +0.97% | +2.21% | -0.19% | -0.19% | +8.01% |
| 2024 | +6.88% | -3.08% | +0.48% | +1.79% | +0.92% | -1.69% | +3.27% | -0.83% | +1.08% | +3.54% | -0.44% | -0.54% | +11.57% |
| 2023 | +3.86% | -2.13% | -5.64% | +4% | -2.03% | +1.04% | +3.29% | -1.21% | +0.04% | -1.38% | +2.08% | +3.09% | +4.58% |
| 2022 | +2.79% | -1.90% | -0.81% | +2.05% | +1.17% | -3.63% | +2.69% | +0.70% | -0.39% | +2.51% |
Drawdown analysis of First Merchants (FRMEP)
The maximum drawdown for the FRMEP was -11.85%, occurring on May 8, 2023. Recovery took 164 trading sessions.
The current FRMEP drawdown is -0.86%.
Since Apr 1, 2022 FRMEP has experienced the following drawdowns:
- 10% or more: 1 time
| Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -11.85% | Aug 15, 2022 | 183 | May 8, 2023 | 164 | Jan 2, 2024 | 347 |
| -5.29% | Apr 28, 2022 | 14 | May 18, 2022 | 50 | Aug 1, 2022 | 64 |
| -4.63% | Jan 21, 2026 | 35 | Mar 12, 2026 | Ongoing | Ongoing | Ongoing |
| -4.48% | Feb 18, 2025 | 6 | Feb 26, 2025 | 2 | Feb 28, 2025 | 8 |
| -4.12% | Jan 31, 2024 | 18 | Feb 27, 2024 | 49 | May 7, 2024 | 67 |
| -3.24% | May 16, 2024 | 24 | Jun 21, 2024 | 24 | Jul 26, 2024 | 48 |
| -3.01% | Nov 17, 2025 | 24 | Dec 22, 2025 | 14 | Jan 13, 2026 | 38 |
| -2.91% | Jan 29, 2024 | 1 | Jan 30, 2024 | 1 | Jan 31, 2024 | 2 |
| -2.89% | May 12, 2025 | 3 | May 15, 2025 | 65 | Aug 19, 2025 | 68 |
| -2.84% | Nov 1, 2024 | 46 | Jan 10, 2025 | 14 | Jan 31, 2025 | 60 |
| -2.54% | Feb 28, 2025 | 2 | Mar 4, 2025 | 38 | Apr 28, 2025 | 40 |
| -2.25% | Oct 16, 2025 | 3 | Oct 21, 2025 | 8 | Oct 31, 2025 | 11 |
| -2.20% | Jan 3, 2024 | 4 | Jan 9, 2024 | 3 | Jan 12, 2024 | 7 |
| -1.98% | Apr 30, 2025 | 7 | May 9, 2025 | 1 | May 12, 2025 | 8 |
| -1.94% | Jan 12, 2024 | 1 | Jan 16, 2024 | 4 | Jan 22, 2024 | 5 |
| -1.93% | Jan 22, 2024 | 1 | Jan 23, 2024 | 4 | Jan 29, 2024 | 5 |
| -1.73% | Sep 4, 2024 | 2 | Sep 6, 2024 | 2 | Sep 10, 2024 | 4 |
| -1.57% | Jul 31, 2024 | 3 | Aug 5, 2024 | 21 | Sep 4, 2024 | 24 |
| -1.49% | Jan 13, 2026 | 2 | Jan 15, 2026 | 1 | Jan 16, 2026 | 3 |
| -1.46% | Apr 4, 2022 | 4 | Apr 8, 2022 | 2 | Apr 12, 2022 | 6 |
| -1.19% | Sep 3, 2025 | 3 | Sep 8, 2025 | 27 | Oct 15, 2025 | 30 |
| -1.14% | Apr 20, 2022 | 3 | Apr 25, 2022 | 3 | Apr 28, 2022 | 6 |
| -1.12% | Apr 12, 2022 | 1 | Apr 13, 2022 | 4 | Apr 20, 2022 | 5 |
| -1.05% | Aug 22, 2025 | 4 | Aug 28, 2025 | 3 | Sep 3, 2025 | 7 |
| -1.03% | Jan 31, 2025 | 9 | Feb 13, 2025 | 2 | Feb 18, 2025 | 11 |