PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
First Trust Institutional Preferred Securities & I...
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

ISIN

US33739P8555

CUSIP

33739P855

Issuer

First Trust

Inception Date

Aug 22, 2017

Region

Developed Markets (Broad)

Leveraged

1x

Index Tracked

No Index (Active)

Asset Class

Multi-Asset

Asset Class Size

Multi-Cap

Asset Class Style

Blend

Share Price Chart


Loading data...

Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Popular comparisons:
FPEI vs. FPE FPEI vs. PFXF FPEI vs. VRP FPEI vs. AGZD FPEI vs. GTIP FPEI vs. PFFA FPEI vs. SPFF FPEI vs. PSK FPEI vs. PGF FPEI vs. PFF
Popular comparisons:
FPEI vs. FPE FPEI vs. PFXF FPEI vs. VRP FPEI vs. AGZD FPEI vs. GTIP FPEI vs. PFFA FPEI vs. SPFF FPEI vs. PSK FPEI vs. PGF FPEI vs. PFF

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in First Trust Institutional Preferred Securities & Income ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


0.00%5.00%10.00%JuneJulyAugustSeptemberOctoberNovember
5.41%
12.93%
FPEI (First Trust Institutional Preferred Securities & Income ETF)
Benchmark (^GSPC)

Returns By Period

First Trust Institutional Preferred Securities & Income ETF had a return of 10.09% year-to-date (YTD) and 15.55% in the last 12 months.


FPEI

YTD

10.09%

1M

-0.85%

6M

5.41%

1Y

15.55%

5Y (annualized)

4.09%

10Y (annualized)

N/A

^GSPC (Benchmark)

YTD

24.72%

1M

1.67%

6M

12.93%

1Y

30.55%

5Y (annualized)

13.88%

10Y (annualized)

11.16%

Monthly Returns

The table below presents the monthly returns of FPEI, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20241.64%0.67%1.26%-1.07%2.56%0.82%1.35%1.79%2.03%-1.21%10.09%
20235.13%-1.43%-7.93%1.26%-0.32%1.23%2.85%-0.52%-0.54%-1.39%5.05%3.45%6.29%
2022-1.12%-2.03%-0.69%-2.44%-0.86%-4.43%4.11%-0.51%-5.33%1.36%2.44%1.41%-8.19%
20210.29%0.16%0.09%1.51%0.62%1.02%0.76%0.16%0.08%-0.04%-1.02%0.93%4.63%
20201.31%-2.93%-13.12%6.92%3.04%2.44%2.35%2.61%-0.72%0.54%3.68%2.17%7.08%
20192.75%1.57%1.21%1.45%-0.27%2.33%0.97%0.79%0.56%1.96%0.66%0.86%15.85%
20180.52%-0.85%-1.64%0.50%-0.99%-0.69%1.63%0.23%-0.58%-0.53%-2.10%0.19%-4.29%
20170.31%0.47%1.22%0.05%0.16%2.23%

Expense Ratio

FPEI features an expense ratio of 0.85%, falling within the medium range.


Expense ratio chart for FPEI: current value at 0.85% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.85%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current risk-adjusted rank of FPEI is 91, placing it in the top 9% of ETFs on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.


The Risk-Adjusted Performance Rank of FPEI is 9191
Combined Rank
The Sharpe Ratio Rank of FPEI is 9898
Sharpe Ratio Rank
The Sortino Ratio Rank of FPEI is 9898
Sortino Ratio Rank
The Omega Ratio Rank of FPEI is 9898
Omega Ratio Rank
The Calmar Ratio Rank of FPEI is 6262
Calmar Ratio Rank
The Martin Ratio Rank of FPEI is 9797
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for First Trust Institutional Preferred Securities & Income ETF (FPEI) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


Sharpe ratio
The chart of Sharpe ratio for FPEI, currently valued at 4.30, compared to the broader market0.002.004.004.312.54
The chart of Sortino ratio for FPEI, currently valued at 6.96, compared to the broader market-2.000.002.004.006.008.0010.0012.006.963.40
The chart of Omega ratio for FPEI, currently valued at 1.98, compared to the broader market0.501.001.502.002.503.001.981.47
The chart of Calmar ratio for FPEI, currently valued at 2.01, compared to the broader market0.005.0010.0015.002.013.66
The chart of Martin ratio for FPEI, currently valued at 32.21, compared to the broader market0.0020.0040.0060.0080.00100.0032.2116.26
FPEI
^GSPC

The current First Trust Institutional Preferred Securities & Income ETF Sharpe ratio is 4.31. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of First Trust Institutional Preferred Securities & Income ETF with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.

Rolling 12-month Sharpe Ratio1.002.003.004.005.00JuneJulyAugustSeptemberOctoberNovember
4.31
2.54
FPEI (First Trust Institutional Preferred Securities & Income ETF)
Benchmark (^GSPC)

Dividends

Dividend History

First Trust Institutional Preferred Securities & Income ETF provided a 5.07% dividend yield over the last twelve months, with an annual payout of $0.95 per share. The fund has been increasing its distributions for 2 consecutive years.


1.00%2.00%3.00%4.00%5.00%6.00%$0.00$0.20$0.40$0.60$0.80$1.002017201820192020202120222023
Dividends
Dividend Yield
PeriodTTM2023202220212020201920182017
Dividend$0.95$1.03$0.93$0.91$1.00$1.01$1.06$0.30

Dividend yield

5.07%5.75%5.20%4.46%4.91%5.02%5.83%1.49%

Monthly Dividends

The table displays the monthly dividend distributions for First Trust Institutional Preferred Securities & Income ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024$0.08$0.08$0.09$0.08$0.09$0.09$0.09$0.09$0.08$0.09$0.00$0.86
2023$0.08$0.08$0.09$0.08$0.10$0.08$0.09$0.09$0.09$0.07$0.09$0.09$1.03
2022$0.07$0.07$0.08$0.07$0.08$0.08$0.08$0.08$0.08$0.08$0.07$0.09$0.93
2021$0.08$0.07$0.08$0.08$0.08$0.08$0.08$0.08$0.07$0.07$0.08$0.07$0.91
2020$0.09$0.07$0.09$0.11$0.06$0.07$0.10$0.08$0.08$0.09$0.08$0.08$1.00
2019$0.08$0.08$0.09$0.09$0.09$0.08$0.09$0.08$0.08$0.08$0.08$0.08$1.01
2018$0.10$0.07$0.09$0.09$0.09$0.09$0.09$0.09$0.08$0.09$0.09$0.11$1.06
2017$0.07$0.07$0.10$0.06$0.30

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-1.31%
-0.88%
FPEI (First Trust Institutional Preferred Securities & Income ETF)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the First Trust Institutional Preferred Securities & Income ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the First Trust Institutional Preferred Securities & Income ETF was 27.51%, occurring on Mar 23, 2020. Recovery took 160 trading sessions.

The current First Trust Institutional Preferred Securities & Income ETF drawdown is 1.31%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-27.51%Feb 19, 202024Mar 23, 2020160Nov 6, 2020184
-16.46%Sep 23, 2021378Mar 24, 2023248Mar 20, 2024626
-6.01%Jan 29, 2018227Dec 20, 201867Mar 29, 2019294
-1.98%Feb 19, 202112Mar 8, 202125Apr 13, 202137
-1.92%Mar 27, 202414Apr 16, 202414May 6, 202428

Volatility

Volatility Chart

The current First Trust Institutional Preferred Securities & Income ETF volatility is 0.85%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


1.00%2.00%3.00%4.00%5.00%6.00%JuneJulyAugustSeptemberOctoberNovember
0.85%
3.96%
FPEI (First Trust Institutional Preferred Securities & Income ETF)
Benchmark (^GSPC)