DALI vs. FPEI
Compare and contrast key facts about First Trust Dorsey Wright DALI 1 ETF (DALI) and First Trust Institutional Preferred Securities & Income ETF (FPEI).
DALI and FPEI are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. DALI is a passively managed fund by First Trust that tracks the performance of the Nasdaq Dorsey Wright DALI 1 Index. It was launched on May 14, 2018. FPEI is an actively managed fund by First Trust. It was launched on Aug 22, 2017.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DALI or FPEI.
Correlation
The correlation between DALI and FPEI is 0.33, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
DALI vs. FPEI - Performance Comparison
Key characteristics
DALI:
0.97
FPEI:
3.34
DALI:
1.41
FPEI:
5.01
DALI:
1.18
FPEI:
1.71
DALI:
0.77
FPEI:
5.51
DALI:
4.78
FPEI:
19.95
DALI:
3.69%
FPEI:
0.53%
DALI:
18.18%
FPEI:
3.17%
DALI:
-36.06%
FPEI:
-27.51%
DALI:
-4.99%
FPEI:
-0.16%
Returns By Period
In the year-to-date period, DALI achieves a 5.55% return, which is significantly higher than FPEI's 1.23% return.
DALI
5.55%
2.03%
11.47%
20.18%
5.41%
N/A
FPEI
1.23%
1.07%
3.44%
10.38%
3.71%
N/A
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DALI vs. FPEI - Expense Ratio Comparison
DALI has a 0.91% expense ratio, which is higher than FPEI's 0.85% expense ratio.
Risk-Adjusted Performance
DALI vs. FPEI — Risk-Adjusted Performance Rank
DALI
FPEI
DALI vs. FPEI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Dorsey Wright DALI 1 ETF (DALI) and First Trust Institutional Preferred Securities & Income ETF (FPEI). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
DALI vs. FPEI - Dividend Comparison
DALI's dividend yield for the trailing twelve months is around 0.18%, less than FPEI's 5.56% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|
DALI First Trust Dorsey Wright DALI 1 ETF | 0.18% | 0.19% | 3.41% | 0.51% | 0.11% | 1.26% | 0.45% | 0.17% | 0.00% |
FPEI First Trust Institutional Preferred Securities & Income ETF | 5.13% | 5.56% | 5.75% | 5.20% | 4.46% | 4.91% | 5.02% | 5.83% | 1.49% |
Drawdowns
DALI vs. FPEI - Drawdown Comparison
The maximum DALI drawdown since its inception was -36.06%, which is greater than FPEI's maximum drawdown of -27.51%. Use the drawdown chart below to compare losses from any high point for DALI and FPEI. For additional features, visit the drawdowns tool.
Volatility
DALI vs. FPEI - Volatility Comparison
First Trust Dorsey Wright DALI 1 ETF (DALI) has a higher volatility of 3.50% compared to First Trust Institutional Preferred Securities & Income ETF (FPEI) at 0.63%. This indicates that DALI's price experiences larger fluctuations and is considered to be riskier than FPEI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.