First Trust Preferred Securities and Income Fund (FPEIX) Alternatives
First Trust Preferred Securities and Income Fund (FPEIX) belongs to the Preferred Stock/Convertible Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with FPEIX. 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 FPEIX
FPEIX charges 1.00% annually. Among mutual funds in the Preferred Stock/Convertible Bonds category, these options have the lowest expense ratios among FPEIX alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| Fidelity Advisor Convertible Securities Fund Class... | 0.59% | Oct 2, 2018 | FPEIX vs FIQVX | |
| Cohen & Steers Low Duration Preferred and Income F... | 0.60% | Nov 29, 2015 | FPEIX vs LPXZX | |
| Fidelity Convertible Securities Fund | 0.67% | Jan 5, 1987 | FPEIX vs FCVSX | |
| Fidelity Advisor Convertible Securities Fund Class... | 0.70% | Feb 19, 2009 | FPEIX vs FICVX | |
| Nuveen Preferred Securities & Income Fund | 0.74% | Dec 18, 2006 | FPEIX vs NPSRX |
Best Risk-Adjusted Alternatives to FPEIX
Among mutual funds 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 | |
|---|---|---|---|---|
| Lord Abbett Convertible Fund Class F | 90 | — | FPEIX vs LBFFX | |
| Cohen & Steers Low Duration Preferred and Income F... | 90 | Nov 29, 2015 | FPEIX vs LPXZX | |
| Nuveen Preferred Securities & Income Fund | 90 | Dec 18, 2006 | FPEIX vs NPSRX | |
| Cohen & Steers Preferred Securities and Income SMA... | 89 | Feb 28, 2019 | FPEIX vs PISHX | |
| Principal Capital Securities Fund | 88 | Mar 13, 2014 | FPEIX vs PCSFX |
Top Performing FPEIX Alternatives (YTD)
FPEIX alternatives from the Preferred Stock/Convertible Bonds category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| Lord Abbett Convertible Fund Class F | 1.71% | — | FPEIX vs LBFFX | |
| Fidelity Advisor Convertible Securities Fund Class... | 1.40% | Oct 2, 2018 | FPEIX vs FIQVX | |
| Fidelity Advisor Convertible Securities Fund Class... | 1.37% | Feb 19, 2009 | FPEIX vs FICVX | |
| Fidelity Convertible Securities Fund | 1.37% | Jan 5, 1987 | FPEIX vs FCVSX | |
| Fidelity Advisor Convertible Securities Fund Class... | 1.33% | Feb 19, 2009 | FPEIX vs FACVX |
Lowest Volatility Alternatives to FPEIX
FPEIX alternatives from the Preferred Stock/Convertible Bonds category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| Cohen & Steers Low Duration Preferred and Income F... | 2.23% | Nov 29, 2015 | FPEIX vs LPXZX | |
| Principal Capital Securities Fund | 2.66% | Mar 13, 2014 | FPEIX vs PCSFX | |
| Destra Flaherty & Crumrine Preferred and Income Fu... | 2.80% | Apr 11, 2011 | FPEIX vs DPIIX | |
| Principal Spectrum Preferred and Capital Securitie... | 2.86% | Apr 30, 2002 | FPEIX vs PPSIX | |
| Cohen & Steers Preferred Securities and Income Fun... | 3.16% | May 2, 2010 | FPEIX vs CPXIX |
Lowest Drawdown Alternatives to FPEIX
FPEIX alternatives from the Preferred Stock/Convertible Bonds category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| Cohen & Steers Low Duration Preferred and Income F... | -2.14% | Nov 29, 2015 | FPEIX vs LPXZX | |
| Principal Capital Securities Fund | -2.97% | Mar 13, 2014 | FPEIX vs PCSFX | |
| Destra Flaherty & Crumrine Preferred and Income Fu... | -3.05% | Apr 11, 2011 | FPEIX vs DPIIX | |
| Principal Spectrum Preferred and Capital Securitie... | -3.18% | Apr 30, 2002 | FPEIX vs PPSIX | |
| Cohen & Steers Preferred Securities and Income Fun... | -3.26% | May 2, 2010 | FPEIX vs CPXIX |
Other Mutual Funds from First Trust
Most popular First Trust mutual funds on PortfoliosLab, across asset classes.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| Vivaldi Merger Arbitrage Fund Class I | Event Driven | 99 | 0.76% | Oct 1, 2015 | FPEIX vs VARBX | |
| First Trust/Confluence Small Cap Value Fund | Small Cap Blend Equities | — | — | Jan 11, 2011 | FPEIX vs FOVIX | |
| First Trust Enhanced Equity Income Fund | Derivative Income | 36 | -5.60% | Aug 26, 2004 | FPEIX vs FFA | |
| First Trust Short Duration High Income Fund | Bank Loan | 65 | -2.99% | Oct 31, 2012 | FPEIX vs FDHIX |
Often Compared With FPEIX
What investors most often compare with FPEIX, based on PortfoliosLab usage data.
Compare FPEIX with Any Fund or Stock
Compare FPEIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.