First Trust Preferred Securities & Income ETF (FPE) Alternatives

First Trust Preferred Securities & Income ETF (FPE) 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 FPE. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.

Cheapest Alternatives to FPE

FPE charges 0.85% annually. Among ETFs in the Preferred Stock/Convertible Bonds category, these options have the lowest expense ratios among FPE alternatives.

Symbol	Name	Expense Ratio	Inception
ICVT	iShares Convertible Bond ETF	0.20%	Jun 2, 2015	FPE vs ICVT
PFFD	Global X U.S. Preferred ETF	0.23%	Sep 11, 2017	FPE vs PFFD
PFFV	Global X Variable Rate Preferred ETF	0.25%	Jun 22, 2020	FPE vs PFFV
QPFF	American Century Quality Preferred ETF	0.33%	Feb 16, 2021	FPE vs QPFF
CWB	SPDR Bloomberg Barclays Convertible Securities ETF	0.40%	Apr 14, 2009	FPE vs CWB

Best Risk-Adjusted Alternatives to FPE

Among ETFs in the Preferred Stock/Convertible Bonds category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.

Symbol	Name	Risk / Return Rank	Inception
NPFI	Nuveen Preferred And Income ETF	88	Mar 5, 2024	FPE vs NPFI
FCVT	First Trust SSI Strategic Convertible Securities E...	88	Nov 4, 2015	FPE vs FCVT
ICVT	iShares Convertible Bond ETF	87	Jun 2, 2015	FPE vs ICVT
PQDI	Principal Spectrum Preferred and Income ETF	86	Jun 16, 2020	FPE vs PQDI
FPEI	First Trust Institutional Preferred Securities & I...	83	Aug 22, 2017	FPE vs FPEI

Top Performing FPE Alternatives (YTD)

FPE alternatives from the Preferred Stock/Convertible Bonds category, sorted by year-to-date return.

Symbol	Name	YTD Return	Inception
ICVT	iShares Convertible Bond ETF	3.58%	Jun 2, 2015	FPE vs ICVT
FCVT	First Trust SSI Strategic Convertible Securities E...	2.96%	Nov 4, 2015	FPE vs FCVT
CWB	SPDR Bloomberg Barclays Convertible Securities ETF	2.86%	Apr 14, 2009	FPE vs CWB
PFLD	AAM Low Duration Preferred and Income Securities E...	0.25%	Nov 19, 2019	FPE vs PFLD
PFXF	VanEck Vectors Preferred Securities ex Financials ...	0.10%	Jul 16, 2012	FPE vs PFXF

Lowest Volatility Alternatives to FPE

FPE alternatives from the Preferred Stock/Convertible Bonds category, sorted by annualized volatility over the past year.

Symbol	Name	Volatility 1Y	Inception
IPPP	Preferred-Plus ETF	0.00%	Dec 24, 2018	FPE vs IPPP
QPFF	American Century Quality Preferred ETF	0.00%	Feb 16, 2021	FPE vs QPFF
PQDI	Principal Spectrum Preferred and Income ETF	3.22%	Jun 16, 2020	FPE vs PQDI
NPFI	Nuveen Preferred And Income ETF	3.26%	Mar 5, 2024	FPE vs NPFI
PREF	Principal Spectrum Preferred Secs Active ETF	3.44%	Jul 10, 2017	FPE vs PREF

Lowest Drawdown Alternatives to FPE

FPE alternatives from the Preferred Stock/Convertible Bonds category, sorted by maximum drawdown over the past year.

Symbol	Name	Max Drawdown 1Y	Inception
PREF	Principal Spectrum Preferred Secs Active ETF	-2.88%	Jul 10, 2017	FPE vs PREF
JHPI	John Hancock Preferred Income ETF	-3.08%	Dec 14, 2021	FPE vs JHPI
NPFI	Nuveen Preferred And Income ETF	-3.18%	Mar 5, 2024	FPE vs NPFI
FPFD	Fidelity Preferred Securities & Income ETF	-3.18%	Jun 15, 2021	FPE vs FPFD
PRFD	PIMCO Preferred And Capital Securities Active Exch...	-3.28%	Jan 18, 2023	FPE vs PRFD

Other ETFs from First Trust

Most popular First Trust ETFs on PortfoliosLab, across asset classes.

Symbol	Name	Category	Risk / Return Rank	YTD Return	Inception
CIBR	First Trust NASDAQ Cybersecurity ETF	Technology Equities, Cybersecurity	12	-12.12%	Jul 7, 2015	FPE vs CIBR
NFTY	First Trust India NIFTY 50 Equal Weight ETF	Asia Pacific Equities	5	-11.19%	Feb 14, 2012	FPE vs NFTY
GRID	First Trust Nasdaq Clean Edge Smart GRID Infrastru...	Alternative Energy Equities	94	6.96%	Nov 17, 2009	FPE vs GRID
FDL	First Trust Morningstar Dividend Leaders Index Fun...	Large Cap Value Equities, Dividend	79	15.49%	Mar 9, 2006	FPE vs FDL
AIRR	First Trust RBA American Industrial Renaissance ET...	Building & Construction	95	12.74%	Mar 10, 2014	FPE vs AIRR
IGLD	FT Cboe Vest Gold Strategy Target Income ETF	Precious Metals, Gold	84	5.99%	Mar 2, 2021	FPE vs IGLD
TDIV	First Trust NASDAQ Technology Dividend Index Fund	Technology Equities, Dividend	77	-2.96%	Aug 14, 2012	FPE vs TDIV
KNG	FT Cboe Vest S&P 500 Dividend Aristocrats Target I...	Dividend, S&P 500	25	1.24%	Mar 26, 2018	FPE vs KNG
ROBT	First Trust Nasdaq Artificial Intelligence & Robot...	Technology Equities, Robotics	28	-11.00%	Feb 21, 2018	FPE vs ROBT
QCLN	First Trust NASDAQ Clean Edge Green Energy Index F...	Alternative Energy Equities	87	4.23%	Feb 8, 2007	FPE vs QCLN

Often Compared With FPE

What investors most often compare with FPE, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	Inception
PFF	iShares Preferred and Income Securities ETF	Preferred Stock/Convertible Bonds	31	-1.42%	Mar 30, 2007	FPE vs PFF
PGX	Invesco Preferred ETF	Preferred Stock/Convertible Bonds	23	-1.70%	Jan 31, 2008	FPE vs PGX
PPSIX	Principal Spectrum Preferred and Capital Securitie...	Preferred Stock/Convertible Bonds	77	-1.61%	Apr 30, 2002	FPE vs PPSIX
QQQ	Invesco QQQ ETF	Large Cap Growth Equities	69	-5.93%	Mar 10, 1999	FPE vs QQQ
IYG	iShares U.S. Financial Services ETF	Financials Equities	23	-9.91%	Jun 12, 2000	FPE vs IYG
SCHD	Schwab U.S. Dividend Equity ETF	Dividend	52	12.79%	Oct 20, 2011	FPE vs SCHD
DODIX	Dodge & Cox Income Fund	Total Bond Market	67	-0.19%	—	FPE vs DODIX
MGRVX	MFS International Growth Fund Class R4	Foreign Large Cap Equities	20	-6.06%	Oct 1, 2008	FPE vs MGRVX
SPHD	Invesco S&P 500® High Dividend Low Volatility ETF	S&P 500, Dividend	20	4.64%	Oct 18, 2012	FPE vs SPHD
PFFA	Virtus InfraCap U.S. Preferred Stock ETF	Preferred Stock/Convertible Bonds, Actively Managed	30	-3.22%	May 15, 2018	FPE vs PFFA
VRP	Invesco Variable Rate Preferred ETF	Preferred Stock/Convertible Bonds	72	-0.19%	May 1, 2014	FPE vs VRP
SGOV	iShares 0-3 Month Treasury Bond ETF	Ultrashort Bond	100	0.86%	May 26, 2020	FPE vs SGOV
VTV	Vanguard Value ETF	Large Cap Value Equities	67	3.30%	Jan 26, 2004	FPE vs VTV
FNILX	Fidelity ZERO Large Cap Index Fund	Large Cap Blend Equities	45	-7.30%	—	FPE vs FNILX
EFR	Eaton Vance Senior Floating-Rate Trust		19	-3.43%	—	FPE vs EFR
JAAA	Janus Henderson AAA CLO ETF	CLO	97	0.73%	Oct 16, 2020	FPE vs JAAA
VNQI	Vanguard Global ex-U.S. Real Estate ETF	REIT	55	-3.03%	Nov 1, 2010	FPE vs VNQI
FCNVX	Fidelity Conservative Income Bond Institutional Cl...	Total Bond Market	100	0.52%	Mar 3, 2011	FPE vs FCNVX
HLIPX	JPMorgan Core Plus Bond Fund	Intermediate Core-Plus Bond	64	-0.31%	Mar 5, 1993	FPE vs HLIPX
HYG	iShares iBoxx $ High Yield Corporate Bond ETF	High Yield Bonds	78	-0.35%	Apr 11, 2007	FPE vs HYG

Compare FPE with Any Fund or Stock

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

Symbol name

First Trust Preferred Securities & Income ETF

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