FCVT Alternatives & Similar ETFs

First Trust SSI Strategic Convertible Securities ETF (FCVT) belongs to the Preferred Stock/Convertible Bonds category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with FCVT. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to FCVT

FCVT charges 0.95% annually. There are 28 ETFs in the Preferred Stock/Convertible Bonds category with lower expense ratios, going as low as 0.20%.

Symbol	Name	Expense Ratio	AUM	Inception
ICVT	iShares Convertible Bond ETF	0.20%	7.46B	Jun 2015	FCVT vs ICVT
PFFD	Global X U.S. Preferred ETF	0.23%	2.17B	Sep 2017	FCVT vs PFFD
PFFV	Global X Variable Rate Preferred ETF	0.25%	305.93M	Jun 2020	FCVT vs PFFV
EVPF	Eaton Vance Preferred Securities and Income ETF	0.39%	35.16M	Mar 2026	FCVT vs EVPF
CWB	SPDR Bloomberg Barclays Convertible Securities ETF	0.40%	6.40B	Apr 2009	FCVT vs CWB

Best Risk-Adjusted Alternatives to FCVT

FCVT has a PortfoliosLab risk / return rank of 84. There is 1 ETF in the Preferred Stock/Convertible Bonds category with a higher risk-adjusted rank, going as high as 84.

Symbol	Name	Risk / Return Rank	AUM	Inception
ICVT	iShares Convertible Bond ETF	84	7.46B	Jun 2015	FCVT vs ICVT
CWB	SPDR Bloomberg Barclays Convertible Securities ETF	80	6.40B	Apr 2009	FCVT vs CWB
NPFI	Nuveen Preferred And Income ETF	74	169.20M	Mar 2024	FCVT vs NPFI
CSPF	Cohen & Steers Preferred and Income Opportunities ...	70	65.77M	Feb 2025	FCVT vs CSPF
FPEI	First Trust Institutional Preferred Securities & I...	69	1.89B	Aug 2017	FCVT vs FPEI

Top Performing FCVT Alternatives (YTD)

FCVT is at 24.74% YTD. No ETFs in the Preferred Stock/Convertible Bonds category have higher YTD returns; the top-performing alternatives shown here go as high as 24.42%.

Symbol	Name	YTD Return	AUM	Inception
ICVT	iShares Convertible Bond ETF	24.42%	7.46B	Jun 2015	FCVT vs ICVT
CWB	SPDR Bloomberg Barclays Convertible Securities ETF	22.11%	6.40B	Apr 2009	FCVT vs CWB
PFXF	VanEck Vectors Preferred Securities ex Financials ...	5.24%	2.50B	Jul 2012	FCVT vs PFXF
SPFF	Global X SuperIncome Preferred ETF	4.37%	143.01M	Jul 2012	FCVT vs SPFF
CSPF	Cohen & Steers Preferred and Income Opportunities ...	3.08%	65.77M	Feb 2025	FCVT vs CSPF

Lowest Volatility Alternatives to FCVT

FCVT has 17.19% 1-year volatility. There are 29 ETFs in the Preferred Stock/Convertible Bonds category with lower 1-year volatility, going as low as 2.90%.

Symbol	Name	Volatility 1Y	AUM	Inception
VRP	Invesco Variable Rate Preferred ETF	2.90%	2.97B	May 2014	FCVT vs VRP
NPFI	Nuveen Preferred And Income ETF	2.95%	169.20M	Mar 2024	FCVT vs NPFI
FPFD	Fidelity Preferred Securities & Income ETF	2.98%	83.02M	Jun 2021	FCVT vs FPFD
CSSD	Cohen & Steers Short Duration Preferred and Income...	3.08%	17.00M	Dec 2025	FCVT vs CSSD
PREF	Principal Spectrum Preferred Secs Active ETF	3.11%	1.70B	Jul 2017	FCVT vs PREF

Lowest Drawdown Alternatives to FCVT

FCVT has a 1-year max drawdown of -8.47%. There are 25 ETFs in the Preferred Stock/Convertible Bonds category with shallower 1-year drawdowns, going as shallow as -2.11%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
QTPI	North Square RCIM Tax-Advantaged Preferred and Inc...	-2.11%	74.29M	Dec 2024	FCVT vs QTPI
PFLD	AAM Low Duration Preferred and Income Securities E...	-2.23%	487.73M	Nov 2019	FCVT vs PFLD
FPFD	Fidelity Preferred Securities & Income ETF	-2.75%	83.02M	Jun 2021	FCVT vs FPFD
PREF	Principal Spectrum Preferred Secs Active ETF	-2.88%	1.70B	Jul 2017	FCVT vs PREF
VRP	Invesco Variable Rate Preferred ETF	-2.89%	2.97B	May 2014	FCVT vs VRP

Other ETFs from First Trust

The 10 most viewed First Trust ETFs shown here include CIBR, GRID, NFTY and span 13 categories. AUM among these funds goes as high as $14B.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
CIBR	First Trust NASDAQ Cybersecurity ETF	Cybersecurity, Technology Equities	18	18.06%	13.59B	Jul 2015	FCVT vs CIBR
GRID	First Trust NASDAQ Clean Edge Smart Grid Infrastru...	Alternative Energy Equities	65	23.40%	11.60B	Nov 2009	FCVT vs GRID
NFTY	First Trust India NIFTY 50 Equal Weight ETF	Asia Pacific Equities, Equal Weight	5	-7.30%	136.58M	Feb 2012	FCVT vs NFTY
AIRR	First Trust RBA American Industrial Renaissance ET...	Building & Construction	79	31.81%	11.14B	Mar 2014	FCVT vs AIRR
FDL	First Trust Morningstar Dividend Leaders Index Fun...	Large Cap Value Equities, Dividend	69	12.67%	9.22B	Mar 2006	FCVT vs FDL
IGLD	FT Vest Gold Strategy Target Income ETF	Gold, Derivative Income, Precious Metals	18	-5.55%	543.16M	Mar 2021	FCVT vs IGLD
FTXL	First Trust Nasdaq Semiconductor ETF	Semiconductors, Technology Equities	96	111.02%	2.89B	Sep 2016	FCVT vs FTXL
TDIV	First Trust NASDAQ Technology Dividend Index Fund	Technology Equities, Dividend	53	19.03%	4.90B	Aug 2012	FCVT vs TDIV
QCLN	First Trust NASDAQ Clean Edge Green Energy Index F...	Alternative Energy Equities	78	37.20%	880.41M	Feb 2007	FCVT vs QCLN
KNG	FT Vest S&P 500 Dividend Aristocrats Target Income...	Dividend, S&P 500	27	4.84%	3.32B	Mar 2018	FCVT vs KNG

Often Compared With FCVT

Investors most often compare FCVT with CVRT, COWZ, FALN. These 20 comparison targets span 12 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
CVRT	Calamos Convertible Equity Alternative ETF	Convertible Bonds	92	36.17%	28.70M	Oct 2023	FCVT vs CVRT
COWZ	Pacer US Cash Cows 100 ETF	Mid Cap Value Equities, Dividend	45	3.27%	18.08B	Dec 2016	FCVT vs COWZ
FALN	iShares Fallen Angels USD Bond ETF	High Yield Bonds	51	2.24%	1.62B	Jun 2016	FCVT vs FALN
ANGL	VanEck Vectors Fallen Angel High Yield Bond ETF	High Yield Bonds	48	1.97%	3.08B	Apr 2012	FCVT vs ANGL
PFF	iShares Preferred and Income Securities ETF	Preferred Stock/Convertible Bonds	28	1.44%	13.45B	Mar 2007	FCVT vs PFF
FXAIX	Fidelity 500 Index Fund	S&P 500	65	9.79%	—	Feb 1988	FCVT vs FXAIX
ESPO	VanEck Video Gaming and eSports ETF	Gaming, Technology Equities	3	-16.33%	239.40M	Oct 2018	FCVT vs ESPO
FEMB	First Trust Emerging Markets Local Currency Bond E...	Emerging Markets Bonds	32	0.58%	354.94M	Nov 2014	FCVT vs FEMB
SPY	State Street SPDR S&P 500 ETF	S&P 500	59	8.15%	765.27B	Jan 1993	FCVT vs SPY
FISCX	Franklin Convertible Securities Fund	Convertible Bonds	70	11.37%	—	Apr 1987	FCVT vs FISCX
PGX	Invesco Preferred ETF	Preferred Stock/Convertible Bonds	19	-0.64%	3.87B	Jan 2008	FCVT vs PGX
PQDI	Principal Spectrum Preferred and Income ETF	Preferred Stock/Convertible Bonds	61	1.39%	69.70M	Jun 2020	FCVT vs PQDI
PFFA	Virtus InfraCap U.S. Preferred Stock ETF	Preferred Stock/Convertible Bonds	44	2.26%	2.42B	May 2018	FCVT vs PFFA
PGF	Invesco Financial Preferred ETF	Preferred Stock/Convertible Bonds	16	-0.57%	692.72M	Dec 2006	FCVT vs PGF
JHPI	John Hancock Preferred Income ETF	Preferred Stock/Convertible Bonds	64	1.69%	206.66M	Dec 2021	FCVT vs JHPI
FPE	First Trust Preferred Securities & Income ETF	Preferred Stock/Convertible Bonds	54	0.91%	6.35B	Feb 2013	FCVT vs FPE
PRFD	PIMCO Preferred And Capital Securities Active Exch...	Preferred Stock/Convertible Bonds	67	1.77%	219.37M	Jan 2023	FCVT vs PRFD
PFFR	InfraCap REIT Preferred ETF	Preferred Stock/Convertible Bonds, REIT	22	1.56%	118.19M	Feb 2017	FCVT vs PFFR
JEPQ	JPMorgan Nasdaq Equity Premium Income ETF	Nasdaq-100, Derivative Income	63	7.85%	40.03B	May 2022	FCVT vs JEPQ
EPRF	Innovator S&P High Quality Preferred ETF	Preferred Stock/Convertible Bonds	10	-2.88%	70.31M	May 2016	FCVT vs EPRF

Compare FCVT with Any Fund or Stock

Compare FCVT with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

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Diversifiers

Pair FCVT with funds that move differently

First Trust SSI Strategic Convertible Securities ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FCVT.

Explore FCVT Diversifiers

First Trust SSI Strategic Convertible Securities ETF (FCVT) Alternatives