FCVT vs. PFF
Compare and contrast key facts about First Trust SSI Strategic Convertible Securities ETF (FCVT) and iShares Preferred and Income Securities ETF (PFF).
FCVT and PFF are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FCVT is an actively managed fund by First Trust. It was launched on Nov 4, 2015. PFF is a passively managed fund by iShares that tracks the performance of the S&P U.S. Preferred Stock Index. It was launched on Mar 30, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FCVT or PFF.
Correlation
The correlation between FCVT and PFF is 0.48, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
FCVT vs. PFF - Performance Comparison
Key characteristics
FCVT:
1.44
PFF:
0.70
FCVT:
2.02
PFF:
1.03
FCVT:
1.26
PFF:
1.12
FCVT:
0.64
PFF:
0.52
FCVT:
7.58
PFF:
2.60
FCVT:
2.03%
PFF:
2.24%
FCVT:
10.69%
PFF:
8.32%
FCVT:
-31.79%
PFF:
-65.55%
FCVT:
-9.71%
PFF:
-3.32%
Returns By Period
In the year-to-date period, FCVT achieves a 3.66% return, which is significantly higher than PFF's 1.45% return.
FCVT
3.66%
1.69%
10.78%
16.68%
7.80%
N/A
PFF
1.45%
0.46%
1.60%
6.02%
1.94%
3.37%
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FCVT vs. PFF - Expense Ratio Comparison
FCVT has a 0.95% expense ratio, which is higher than PFF's 0.46% expense ratio.
Risk-Adjusted Performance
FCVT vs. PFF — Risk-Adjusted Performance Rank
FCVT
PFF
FCVT vs. PFF - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust SSI Strategic Convertible Securities ETF (FCVT) and iShares Preferred and Income Securities ETF (PFF). 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
FCVT vs. PFF - Dividend Comparison
FCVT's dividend yield for the trailing twelve months is around 1.38%, less than PFF's 6.25% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FCVT First Trust SSI Strategic Convertible Securities ETF | 1.27% | 1.30% | 1.76% | 3.71% | 23.07% | 1.72% | 1.60% | 1.85% | 2.18% | 1.88% | 0.59% | 0.00% |
PFF iShares Preferred and Income Securities ETF | 6.25% | 6.31% | 6.63% | 5.55% | 4.45% | 4.79% | 5.31% | 6.31% | 5.59% | 5.85% | 5.77% | 6.32% |
Drawdowns
FCVT vs. PFF - Drawdown Comparison
The maximum FCVT drawdown since its inception was -31.79%, smaller than the maximum PFF drawdown of -65.55%. Use the drawdown chart below to compare losses from any high point for FCVT and PFF. For additional features, visit the drawdowns tool.
Volatility
FCVT vs. PFF - Volatility Comparison
First Trust SSI Strategic Convertible Securities ETF (FCVT) has a higher volatility of 3.14% compared to iShares Preferred and Income Securities ETF (PFF) at 2.45%. This indicates that FCVT's price experiences larger fluctuations and is considered to be riskier than PFF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.