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%	7.48B	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%	304.58M	Jun 2020	FCVT vs PFFV
EVPF	Eaton Vance Preferred Securities and Income ETF	0.39%	35.04M	Mar 2026	FCVT vs EVPF
CWB	SPDR Bloomberg Barclays Convertible Securities ETF	0.40%	6.03B	Apr 2009	FCVT vs CWB

Best Risk-Adjusted Alternatives to FCVT

FCVT has a PortfoliosLab risk / return rank of 70. There are 5 ETFs in the Preferred Stock/Convertible Bonds category with higher risk-adjusted ranks, going as high as 79.

Symbol	Name	Risk / Return Rank	AUM	Inception
NPFI	Nuveen Preferred And Income ETF	79	168.85M	Mar 2024	FCVT vs NPFI
ICVT	iShares Convertible Bond ETF	76	7.48B	Jun 2015	FCVT vs ICVT
PFLD	AAM Low Duration Preferred and Income Securities E...	73	487.73M	Nov 2019	FCVT vs PFLD
FPEI	First Trust Institutional Preferred Securities & I...	73	1.92B	Aug 2017	FCVT vs FPEI
VRP	Invesco Variable Rate Preferred ETF	73	2.99B	May 2014	FCVT vs VRP

Top Performing FCVT Alternatives (YTD)

FCVT is at 18.52% YTD. There is 1 ETF in the Preferred Stock/Convertible Bonds category with a higher YTD return, going as high as 18.95%.

Symbol	Name	YTD Return	AUM	Inception
ICVT	iShares Convertible Bond ETF	18.95%	7.48B	Jun 2015	FCVT vs ICVT
CWB	SPDR Bloomberg Barclays Convertible Securities ETF	17.27%	6.03B	Apr 2009	FCVT vs CWB
SPFF	Global X SuperIncome Preferred ETF	3.46%	140.39M	Jul 2012	FCVT vs SPFF
CSPF	Cohen & Steers Preferred and Income Opportunities ...	3.14%	65.77M	Feb 2025	FCVT vs CSPF
CSSD	Cohen & Steers Short Duration Preferred and Income...	2.92%	17.00M	Dec 2025	FCVT vs CSSD

Lowest Volatility Alternatives to FCVT

FCVT has 17.91% 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
NPFI	Nuveen Preferred And Income ETF	2.90%	168.85M	Mar 2024	FCVT vs NPFI
VRP	Invesco Variable Rate Preferred ETF	2.90%	2.99B	May 2014	FCVT vs VRP
FPFD	Fidelity Preferred Securities & Income ETF	2.97%	81.24M	Jun 2021	FCVT vs FPFD
CSSD	Cohen & Steers Short Duration Preferred and Income...	3.03%	17.00M	Dec 2025	FCVT vs CSSD
PREF	Principal Spectrum Preferred Secs Active ETF	3.13%	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%	81.24M	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%	2.99B	May 2014	FCVT vs VRP

Other ETFs from First Trust

The 10 most viewed First Trust ETFs shown here include CIBR, GRID, AIRR and span 14 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	34	28.87%	14.26B	Jul 2015	FCVT vs CIBR
GRID	First Trust NASDAQ Clean Edge Smart Grid Infrastru...	Alternative Energy Equities	58	19.10%	11.74B	Nov 2009	FCVT vs GRID
AIRR	First Trust RBA American Industrial Renaissance ET...	Building & Construction	66	23.60%	10.80B	Mar 2014	FCVT vs AIRR
NFTY	First Trust India NIFTY 50 Equal Weight ETF	India Equities, Equal Weight, Asia Pacific Equities	4	-7.65%	132.86M	Feb 2012	FCVT vs NFTY
FDL	First Trust Morningstar Dividend Leaders Index Fun...	Large Cap Value Equities, Dividend	76	15.23%	7.48B	Mar 2006	FCVT vs FDL
IGLD	FT Vest Gold Strategy Target Income ETF	Gold, Derivative Income, Precious Metals	18	-7.95%	510.89M	Mar 2021	FCVT vs IGLD
FTXL	First Trust Nasdaq Semiconductor ETF	Semiconductors, Technology Equities	94	86.56%	2.46B	Sep 2016	FCVT vs FTXL
TDIV	First Trust NASDAQ Technology Dividend Index Fund	Technology Equities, Dividend	44	17.47%	4.34B	Aug 2012	FCVT vs TDIV
QCLN	First Trust NASDAQ Clean Edge Green Energy Index F...	Alternative Energy Equities	54	20.15%	718.18M	Feb 2007	FCVT vs QCLN
KNG	FT Vest S&P 500 Dividend Aristocrats Target Income...	Dividend, S&P 500	34	8.48%	3.40B	Mar 2018	FCVT vs KNG

Often Compared With FCVT

Investors most often compare FCVT with CVRT, COWZ, FALN. These 20 comparison targets span 10 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
CVRT	Calamos Convertible Equity Alternative ETF	Convertible Bonds	86	28.31%	32.10M	Oct 2023	FCVT vs CVRT
COWZ	Pacer US Cash Cows 100 ETF	Mid Cap Value Equities, Dividend	57	7.77%	18.15B	Dec 2016	FCVT vs COWZ
FALN	iShares Fallen Angels USD Bond ETF	High Yield Bonds	54	2.18%	1.64B	Jun 2016	FCVT vs FALN
ANGL	VanEck Fallen Angel High Yield Bond ETF	High Yield Bonds	52	1.90%	3.10B	Apr 2012	FCVT vs ANGL
PFF	iShares Preferred and Income Securities ETF	Preferred Stock/Convertible Bonds	15	0.49%	13.39B	Mar 2007	FCVT vs PFF
ESPO	VanEck Video Gaming and eSports ETF	Gaming, Technology Equities	5	-11.42%	245.04M	Oct 2018	FCVT vs ESPO
FXAIX	Fidelity 500 Index Fund	S&P 500	63	11.06%	—	Feb 1988	FCVT vs FXAIX
FEMB	First Trust Emerging Markets Local Currency Bond E...	Emerging Markets Bonds	33	1.97%	355.76M	Nov 2014	FCVT vs FEMB
SPY	State Street SPDR S&P 500 ETF	S&P 500	66	10.45%	783.21B	Jan 1993	FCVT vs SPY
FISCX	Franklin Convertible Securities Fund	Convertible Bonds	70	11.03%	—	Apr 1987	FCVT vs FISCX
PFFA	Virtus InfraCap U.S. Preferred Stock ETF	Preferred Stock/Convertible Bonds	34	1.63%	2.45B	May 2018	FCVT vs PFFA
JHPI	John Hancock Preferred Income ETF	Preferred Stock/Convertible Bonds	57	1.76%	212.59M	Dec 2021	FCVT vs JHPI
PQDI	Principal Spectrum Preferred and Income ETF	Preferred Stock/Convertible Bonds	63	1.70%	69.50M	Jun 2020	FCVT vs PQDI
PGX	Invesco Preferred ETF	Preferred Stock/Convertible Bonds	14	-0.74%	3.90B	Jan 2008	FCVT vs PGX
PFXF	VanEck Preferred Securities ex Financials ETF	Preferred Stock/Convertible Bonds	25	2.40%	2.44B	Jul 2012	FCVT vs PFXF
PGF	Invesco Financial Preferred ETF	Preferred Stock/Convertible Bonds	14	-0.22%	685.65M	Dec 2006	FCVT vs PGF
EPRF	Innovator S&P High Quality Preferred ETF	Preferred Stock/Convertible Bonds	6	-3.00%	69.05M	May 2016	FCVT vs EPRF
PFFR	InfraCap REIT Preferred ETF	Preferred Stock/Convertible Bonds, REIT	22	2.26%	117.50M	Feb 2017	FCVT vs PFFR
FPE	First Trust Preferred Securities & Income ETF	Preferred Stock/Convertible Bonds	56	1.18%	6.35B	Feb 2013	FCVT vs FPE
GPRF	Goldman Sachs Access U.S. Preferred Stock and Hybr...	Preferred Stock/Convertible Bonds	37	1.18%	104.70M	Jul 2024	FCVT vs GPRF

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