FPE vs. FPEI
Compare and contrast key facts about First Trust Preferred Securities & Income ETF (FPE) and First Trust Institutional Preferred Securities & Income ETF (FPEI).
FPE and FPEI are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FPE is an actively managed fund by First Trust. It was launched on Feb 12, 2013. 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: FPE or FPEI.
Correlation
The correlation between FPE and FPEI is 0.52, 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
FPE vs. FPEI - Performance Comparison
Key characteristics
FPE:
1.53
FPEI:
2.30
FPE:
2.14
FPEI:
3.21
FPE:
1.29
FPEI:
1.46
FPE:
1.21
FPEI:
4.03
FPE:
9.17
FPEI:
14.90
FPE:
0.72%
FPEI:
0.52%
FPE:
4.32%
FPEI:
3.35%
FPE:
-33.35%
FPEI:
-27.51%
FPE:
-1.67%
FPEI:
-1.39%
Returns By Period
In the year-to-date period, FPE achieves a 0.06% return, which is significantly lower than FPEI's 0.49% return.
FPE
0.06%
-1.12%
-1.13%
6.74%
7.20%
4.68%
FPEI
0.49%
-1.07%
0.10%
7.90%
7.66%
N/A
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FPE vs. FPEI - Expense Ratio Comparison
Both FPE and FPEI have an expense ratio of 0.85%.
Risk-Adjusted Performance
FPE vs. FPEI — Risk-Adjusted Performance Rank
FPE
FPEI
FPE vs. FPEI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Preferred Securities & Income ETF (FPE) 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
FPE vs. FPEI - Dividend Comparison
FPE's dividend yield for the trailing twelve months is around 5.79%, more than FPEI's 5.67% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FPE First Trust Preferred Securities & Income ETF | 5.79% | 5.68% | 6.03% | 5.67% | 4.48% | 4.88% | 5.32% | 6.14% | 5.39% | 5.97% | 5.49% | 6.00% |
FPEI First Trust Institutional Preferred Securities & Income ETF | 5.67% | 5.55% | 5.76% | 5.20% | 4.46% | 4.90% | 5.01% | 5.81% | 1.50% | 0.00% | 0.00% | 0.00% |
Drawdowns
FPE vs. FPEI - Drawdown Comparison
The maximum FPE drawdown since its inception was -33.35%, which is greater than FPEI's maximum drawdown of -27.51%. Use the drawdown chart below to compare losses from any high point for FPE and FPEI. For additional features, visit the drawdowns tool.
Volatility
FPE vs. FPEI - Volatility Comparison
First Trust Preferred Securities & Income ETF (FPE) and First Trust Institutional Preferred Securities & Income ETF (FPEI) have volatilities of 1.24% and 1.30%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.