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FPE vs. PPSIX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FPE and PPSIX is 0.32, 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.


-0.50.00.51.0
Correlation: 0.3

Performance

FPE vs. PPSIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust Preferred Securities & Income ETF (FPE) and Principal Spectrum Preferred and Capital Securities Income Fund (PPSIX). The values are adjusted to include any dividend payments, if applicable.

60.00%65.00%70.00%NovemberDecember2025FebruaryMarchApril
69.94%
59.90%
FPE
PPSIX

Key characteristics

Sharpe Ratio

FPE:

1.42

PPSIX:

2.65

Sortino Ratio

FPE:

1.99

PPSIX:

3.53

Omega Ratio

FPE:

1.31

PPSIX:

1.67

Calmar Ratio

FPE:

1.62

PPSIX:

2.04

Martin Ratio

FPE:

7.68

PPSIX:

12.40

Ulcer Index

FPE:

1.01%

PPSIX:

0.58%

Daily Std Dev

FPE:

5.48%

PPSIX:

2.71%

Max Drawdown

FPE:

-33.35%

PPSIX:

-52.02%

Current Drawdown

FPE:

-1.79%

PPSIX:

-1.43%

Returns By Period

In the year-to-date period, FPE achieves a -0.05% return, which is significantly lower than PPSIX's 0.24% return. Over the past 10 years, FPE has outperformed PPSIX with an annualized return of 4.63%, while PPSIX has yielded a comparatively lower 3.73% annualized return.


FPE

YTD

-0.05%

1M

-1.18%

6M

-0.71%

1Y

8.01%

5Y*

5.08%

10Y*

4.63%

PPSIX

YTD

0.24%

1M

-1.30%

6M

0.19%

1Y

7.43%

5Y*

4.17%

10Y*

3.73%

*Annualized

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FPE vs. PPSIX - Expense Ratio Comparison

FPE has a 0.85% expense ratio, which is higher than PPSIX's 0.79% expense ratio.


Expense ratio chart for FPE: current value is 0.85%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
FPE: 0.85%
Expense ratio chart for PPSIX: current value is 0.79%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
PPSIX: 0.79%

Risk-Adjusted Performance

FPE vs. PPSIX — Risk-Adjusted Performance Rank

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

FPE
The Risk-Adjusted Performance Rank of FPE is 8989
Overall Rank
The Sharpe Ratio Rank of FPE is 8888
Sharpe Ratio Rank
The Sortino Ratio Rank of FPE is 8888
Sortino Ratio Rank
The Omega Ratio Rank of FPE is 9090
Omega Ratio Rank
The Calmar Ratio Rank of FPE is 9090
Calmar Ratio Rank
The Martin Ratio Rank of FPE is 9090
Martin Ratio Rank

PPSIX
The Risk-Adjusted Performance Rank of PPSIX is 9595
Overall Rank
The Sharpe Ratio Rank of PPSIX is 9595
Sharpe Ratio Rank
The Sortino Ratio Rank of PPSIX is 9494
Sortino Ratio Rank
The Omega Ratio Rank of PPSIX is 9595
Omega Ratio Rank
The Calmar Ratio Rank of PPSIX is 9393
Calmar Ratio Rank
The Martin Ratio Rank of PPSIX is 9595
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

FPE vs. PPSIX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust Preferred Securities & Income ETF (FPE) and Principal Spectrum Preferred and Capital Securities Income Fund (PPSIX). 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.


The chart of Sharpe ratio for FPE, currently valued at 1.42, compared to the broader market-1.000.001.002.003.004.00
FPE: 1.42
PPSIX: 2.65
The chart of Sortino ratio for FPE, currently valued at 1.99, compared to the broader market-2.000.002.004.006.008.00
FPE: 1.99
PPSIX: 3.53
The chart of Omega ratio for FPE, currently valued at 1.31, compared to the broader market0.501.001.502.002.50
FPE: 1.31
PPSIX: 1.67
The chart of Calmar ratio for FPE, currently valued at 1.62, compared to the broader market0.002.004.006.008.0010.0012.00
FPE: 1.62
PPSIX: 2.04
The chart of Martin ratio for FPE, currently valued at 7.68, compared to the broader market0.0020.0040.0060.00
FPE: 7.68
PPSIX: 12.40

The current FPE Sharpe Ratio is 1.42, which is lower than the PPSIX Sharpe Ratio of 2.65. The chart below compares the historical Sharpe Ratios of FPE and PPSIX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio1.002.003.004.005.006.007.00NovemberDecember2025FebruaryMarchApril
1.42
2.65
FPE
PPSIX

Dividends

FPE vs. PPSIX - Dividend Comparison

FPE's dividend yield for the trailing twelve months is around 5.90%, more than PPSIX's 5.01% yield.


TTM20242023202220212020201920182017201620152014
FPE
First Trust Preferred Securities & Income ETF
5.90%5.68%6.03%5.67%4.48%4.88%5.32%6.14%5.39%5.97%5.49%6.00%
PPSIX
Principal Spectrum Preferred and Capital Securities Income Fund
5.01%5.33%5.35%5.54%4.39%4.46%4.88%5.79%4.87%4.92%5.23%5.33%

Drawdowns

FPE vs. PPSIX - Drawdown Comparison

The maximum FPE drawdown since its inception was -33.35%, smaller than the maximum PPSIX drawdown of -52.02%. Use the drawdown chart below to compare losses from any high point for FPE and PPSIX. For additional features, visit the drawdowns tool.


-5.00%-4.00%-3.00%-2.00%-1.00%0.00%NovemberDecember2025FebruaryMarchApril
-1.79%
-1.43%
FPE
PPSIX

Volatility

FPE vs. PPSIX - Volatility Comparison

First Trust Preferred Securities & Income ETF (FPE) has a higher volatility of 3.80% compared to Principal Spectrum Preferred and Capital Securities Income Fund (PPSIX) at 1.93%. This indicates that FPE's price experiences larger fluctuations and is considered to be riskier than PPSIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%1.00%2.00%3.00%4.00%NovemberDecember2025FebruaryMarchApril
3.80%
1.93%
FPE
PPSIX