FPE vs. NFTY
FPE (First Trust Preferred Securities & Income ETF) and NFTY (First Trust India NIFTY 50 Equal Weight ETF) are both exchange-traded funds - FPE is a Preferred Stock/Convertible Bonds fund actively managed by First Trust, while NFTY is a India Equities fund tracking the NIFTY 50 Equal Weight Index. FPE is actively managed, while NFTY is passively managed. Over the past 10 years, FPE returned 4.86%/yr vs 7.60%/yr for NFTY. At a 0.22 correlation, their price movements are largely independent. FPE charges 0.85%/yr vs 0.80%/yr for NFTY.
Performance
FPE vs. NFTY - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, FPE achieves a 1.18% return, which is significantly higher than NFTY's -7.65% return. Over the past 10 years, FPE has underperformed NFTY with an annualized return of 4.86%, while NFTY has yielded a comparatively higher 7.60% annualized return.
FPE
- 1D
- -0.06%
- 1M
- 0.32%
- 6M
- 0.68%
- YTD
- 1.18%
- 1Y
- 6.28%
- 3Y*
- 9.90%
- 5Y*
- 2.84%
- 10Y*
- 4.86%
NFTY
- 1D
- -0.54%
- 1M
- 1.23%
- 6M
- -7.33%
- YTD
- -7.65%
- 1Y
- -7.96%
- 3Y*
- 4.78%
- 5Y*
- 5.61%
- 10Y*
- 7.60%
FPE vs. NFTY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FPE First Trust Preferred Securities & Income ETF | 1.18% | 9.21% | 11.17% | 6.84% | -12.77% | 5.24% | 6.00% | 18.15% | -4.98% | 11.26% |
NFTY First Trust India NIFTY 50 Equal Weight ETF | -7.65% | 5.47% | 5.18% | 24.00% | -3.46% | 26.83% | 10.04% | 0.58% | -1.51% | 21.78% |
Correlation
The correlation between FPE and NFTY is 0.45, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.45 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.31 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.35 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.27 |
Correlation (All Time) Calculated using the full available price history since Feb 12, 2013 | 0.22 |
Over the past year, FPE and NFTY have become more correlated (0.45) than their long-term average of 0.22, meaning their price movements have been converging.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
FPE vs. NFTY — Risk / Return Rank
FPE
NFTY
FPE vs. NFTY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Preferred Securities & Income ETF (FPE) and First Trust India NIFTY 50 Equal Weight ETF (NFTY). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| FPE | NFTY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.16 | ||
| Sortino ratioReturn per unit of downside risk | +3.03 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 0.92 | +0.41 |
| Calmar ratioReturn relative to maximum drawdown | 1.54 | -0.50 | +2.04 |
| Martin ratioReturn relative to average drawdown | 6.70 | -1.18 | +7.88 |
Loading charts...
Drawdowns
FPE vs. NFTY - Drawdown Comparison
The maximum FPE drawdown since its inception was -33.35%, smaller than the maximum NFTY drawdown of -47.67%. Use the drawdown chart below to compare losses from any high point for FPE and NFTY.
Loading charts...
Drawdown Indicators
| FPE | NFTY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.35% | -47.67% | +14.32% |
Max Drawdown (1Y)Largest decline over 1 year | -4.08% | -16.14% | +12.06% |
Max Drawdown (3Y)Largest decline over 3 years | -4.66% | -21.55% | +16.89% |
Max Drawdown (5Y)Largest decline over 5 years | -19.65% | -21.55% | +1.90% |
Max Drawdown (10Y)Largest decline over 10 years | -33.35% | -47.67% | +14.32% |
Current DrawdownCurrent decline from peak | -0.63% | -15.58% | +14.95% |
Average DrawdownAverage peak-to-trough decline | -3.31% | -9.62% | +6.31% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.94% | 6.73% | -5.79% |
Volatility
FPE vs. NFTY - Volatility Comparison
The current volatility for First Trust Preferred Securities & Income ETF (FPE) is 0.83%, while First Trust India NIFTY 50 Equal Weight ETF (NFTY) has a volatility of 3.74%. This indicates that FPE experiences smaller price fluctuations and is considered to be less risky than NFTY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| FPE | NFTY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.83% | 3.74% | -2.91% |
Volatility (6M)Calculated over the trailing 6-month period | 3.15% | 12.64% | -9.49% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.90% | 14.74% | -10.84% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.62% | 17.41% | -10.79% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.17% | 20.65% | -10.48% |
FPE vs. NFTY - Expense Ratio Comparison
FPE has a 0.85% expense ratio, which is higher than NFTY's 0.80% expense ratio.
Dividends
FPE vs. NFTY - Dividend Comparison
FPE's dividend yield for the trailing twelve months is around 5.94%, more than NFTY's 1.92% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FPE First Trust Preferred Securities & Income ETF | 5.94% | 5.81% | 5.68% | 6.03% | 5.67% | 4.48% | 4.88% | 5.32% | 6.14% | 5.39% | 5.97% | 5.49% |
NFTY First Trust India NIFTY 50 Equal Weight ETF | 1.92% | 1.24% | 1.61% | 0.13% | 5.89% | 1.53% | 0.61% | 0.97% | 0.00% | 4.10% | 3.28% | 4.39% |
Frequently Asked Questions
FPE and NFTY have a correlation of 0.45, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NFTY has higher volatility (3.74%) compared to FPE (0.83%). In terms of maximum drawdown, FPE dropped -33.35% vs NFTY's -47.67%.
On 10-year performance, NFTY leads with 7.60% vs 4.86% for FPE. On fees, NFTY is cheaper at 0.80% per year. On volatility, FPE has been the lower-risk option at 0.83%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 10-year period, NFTY has performed better with a 7.60% return vs 4.86%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
NFTY is cheaper with a 0.80% expense ratio, compared with 0.85% for FPE.
FPE has the higher dividend yield at 5.94%, compared with 1.92% for NFTY.
FPE is categorized as Preferred Stock/Convertible Bonds, while NFTY is India Equities. Their fees differ too: 0.85% for FPE and 0.80% for NFTY.
FPE currently has the higher Sharpe Ratio (1.62 vs -0.54), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for FPE and NFTY
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer