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FPE vs. EFR
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

FPE vs. EFR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust Preferred Securities & Income ETF (FPE) and Eaton Vance Senior Floating-Rate Trust (EFR). The values are adjusted to include any dividend payments, if applicable.

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FPE vs. EFR - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
FPE
First Trust Preferred Securities & Income ETF
-1.22%9.21%11.17%6.84%-12.77%5.24%6.00%18.15%-4.98%11.26%
EFR
Eaton Vance Senior Floating-Rate Trust
-3.43%-4.85%11.32%29.25%-18.73%22.88%0.83%16.43%-6.96%3.37%

Returns By Period

In the year-to-date period, FPE achieves a -1.22% return, which is significantly higher than EFR's -3.43% return. Over the past 10 years, FPE has underperformed EFR with an annualized return of 5.23%, while EFR has yielded a comparatively higher 6.12% annualized return.


FPE

1D
0.74%
1M
-2.57%
YTD
-1.22%
6M
0.25%
1Y
7.01%
3Y*
9.91%
5Y*
3.03%
10Y*
5.23%

EFR

1D
3.03%
1M
-0.46%
YTD
-3.43%
6M
-3.86%
1Y
-6.08%
3Y*
7.85%
5Y*
3.73%
10Y*
6.12%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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Return for Risk

FPE vs. EFR — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FPE
FPE Risk / Return Rank: 7575
Overall Rank
FPE Sharpe Ratio Rank: 7575
Sharpe Ratio Rank
FPE Sortino Ratio Rank: 7575
Sortino Ratio Rank
FPE Omega Ratio Rank: 8181
Omega Ratio Rank
FPE Calmar Ratio Rank: 7070
Calmar Ratio Rank
FPE Martin Ratio Rank: 7171
Martin Ratio Rank

EFR
EFR Risk / Return Rank: 1919
Overall Rank
EFR Sharpe Ratio Rank: 2020
Sharpe Ratio Rank
EFR Sortino Ratio Rank: 1818
Sortino Ratio Rank
EFR Omega Ratio Rank: 1515
Omega Ratio Rank
EFR Calmar Ratio Rank: 2727
Calmar Ratio Rank
EFR Martin Ratio Rank: 1616
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FPE vs. EFR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust Preferred Securities & Income ETF (FPE) and Eaton Vance Senior Floating-Rate Trust (EFR). 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.


FPEEFRDifference

Sharpe ratio

Return per unit of total volatility

1.32

-0.48

+1.80

Sortino ratio

Return per unit of downside risk

1.82

-0.57

+2.40

Omega ratio

Gain probability vs. loss probability

1.31

0.90

+0.40

Calmar ratio

Return relative to maximum drawdown

1.72

-0.48

+2.20

Martin ratio

Return relative to average drawdown

6.99

-1.28

+8.26

FPE vs. EFR - Sharpe Ratio Comparison

The current FPE Sharpe Ratio is 1.32, which is higher than the EFR Sharpe Ratio of -0.48. The chart below compares the historical Sharpe Ratios of FPE and EFR, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


FPEEFRDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.32

-0.48

+1.80

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.46

0.29

+0.17

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.52

0.41

+0.11

Sharpe Ratio (All Time)

Calculated using the full available price history

0.51

0.28

+0.23

Correlation

The correlation between FPE and EFR is 0.23, 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.


Dividends

FPE vs. EFR - Dividend Comparison

FPE's dividend yield for the trailing twelve months is around 5.95%, less than EFR's 9.51% yield.


TTM20252024202320222021202020192018201720162015
FPE
First Trust Preferred Securities & Income ETF
5.95%5.81%5.68%6.03%5.67%4.48%4.88%5.32%6.14%5.39%5.97%5.49%
EFR
Eaton Vance Senior Floating-Rate Trust
9.51%9.53%9.76%10.37%10.39%5.62%6.39%7.34%7.46%5.42%5.82%6.95%

Drawdowns

FPE vs. EFR - Drawdown Comparison

The maximum FPE drawdown since its inception was -33.35%, smaller than the maximum EFR drawdown of -60.55%. Use the drawdown chart below to compare losses from any high point for FPE and EFR.


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Drawdown Indicators


FPEEFRDifference

Max Drawdown

Largest peak-to-trough decline

-33.35%

-60.55%

+27.20%

Max Drawdown (1Y)

Largest decline over 1 year

-4.08%

-11.84%

+7.76%

Max Drawdown (5Y)

Largest decline over 5 years

-19.65%

-25.07%

+5.42%

Max Drawdown (10Y)

Largest decline over 10 years

-33.35%

-42.04%

+8.69%

Current Drawdown

Current decline from peak

-2.99%

-12.32%

+9.33%

Average Drawdown

Average peak-to-trough decline

-3.36%

-8.98%

+5.62%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.00%

4.71%

-3.71%

Volatility

FPE vs. EFR - Volatility Comparison

The current volatility for First Trust Preferred Securities & Income ETF (FPE) is 2.24%, while Eaton Vance Senior Floating-Rate Trust (EFR) has a volatility of 4.82%. This indicates that FPE experiences smaller price fluctuations and is considered to be less risky than EFR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


FPEEFRDifference

Volatility (1M)

Calculated over the trailing 1-month period

2.24%

4.82%

-2.58%

Volatility (6M)

Calculated over the trailing 6-month period

3.13%

6.13%

-3.00%

Volatility (1Y)

Calculated over the trailing 1-year period

5.33%

12.64%

-7.31%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

6.59%

13.01%

-6.42%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

10.16%

14.95%

-4.79%