FPF vs. FCVSX
Compare and contrast key facts about First Trust Intermediate Duration Preferred and Income Fund (FPF) and Fidelity Convertible Securities Fund (FCVSX).
FPF is managed by First Trust. It was launched on Apr 1, 2009. FCVSX is managed by Fidelity. It was launched on Jan 5, 1987.
Performance
FPF vs. FCVSX - Performance Comparison
Loading graphics...
FPF vs. FCVSX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FPF First Trust Intermediate Duration Preferred and Income Fund | -4.04% | 13.14% | 20.90% | 5.31% | -25.83% | 9.12% | 9.67% | 28.24% | -11.97% | 15.99% |
FCVSX Fidelity Convertible Securities Fund | 1.37% | 8.52% | 13.91% | 11.42% | -15.33% | 9.95% | 42.52% | 28.58% | -1.29% | 9.03% |
Returns By Period
In the year-to-date period, FPF achieves a -4.04% return, which is significantly lower than FCVSX's 1.37% return. Over the past 10 years, FPF has underperformed FCVSX with an annualized return of 5.68%, while FCVSX has yielded a comparatively higher 10.76% annualized return.
FPF
- 1D
- 2.38%
- 1M
- -7.17%
- YTD
- -4.04%
- 6M
- -3.83%
- 1Y
- 4.72%
- 3Y*
- 13.45%
- 5Y*
- 1.98%
- 10Y*
- 5.68%
FCVSX
- 1D
- -1.70%
- 1M
- -5.62%
- YTD
- 1.37%
- 6M
- -5.95%
- 1Y
- 14.23%
- 3Y*
- 10.31%
- 5Y*
- 4.58%
- 10Y*
- 10.76%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FPF vs. FCVSX - Expense Ratio Comparison
FPF has a 0.02% expense ratio, which is lower than FCVSX's 0.67% expense ratio.
Return for Risk
FPF vs. FCVSX — Risk / Return Rank
FPF
FCVSX
FPF vs. FCVSX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Intermediate Duration Preferred and Income Fund (FPF) and Fidelity Convertible Securities Fund (FCVSX). 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.
| FPF | FCVSX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.39 | 0.77 | -0.37 |
Sortino ratioReturn per unit of downside risk | 0.56 | 1.04 | -0.48 |
Omega ratioGain probability vs. loss probability | 1.10 | 1.17 | -0.07 |
Calmar ratioReturn relative to maximum drawdown | 0.44 | 1.08 | -0.64 |
Martin ratioReturn relative to average drawdown | 1.35 | 3.26 | -1.91 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| FPF | FCVSX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.39 | 0.77 | -0.37 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.14 | 0.33 | -0.20 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.23 | 0.79 | -0.56 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.24 | 0.70 | -0.45 |
Correlation
The correlation between FPF and FCVSX is 0.36, 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
FPF vs. FCVSX - Dividend Comparison
FPF's dividend yield for the trailing twelve months is around 9.36%, more than FCVSX's 2.18% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FPF First Trust Intermediate Duration Preferred and Income Fund | 9.36% | 8.85% | 9.17% | 8.31% | 8.62% | 6.75% | 6.55% | 7.08% | 8.79% | 7.63% | 9.31% | 9.16% |
FCVSX Fidelity Convertible Securities Fund | 2.18% | 2.21% | 7.47% | 2.13% | 3.78% | 20.64% | 10.75% | 3.28% | 9.86% | 4.11% | 4.90% | 10.41% |
Drawdowns
FPF vs. FCVSX - Drawdown Comparison
The maximum FPF drawdown since its inception was -53.78%, smaller than the maximum FCVSX drawdown of -58.76%. Use the drawdown chart below to compare losses from any high point for FPF and FCVSX.
Loading graphics...
Drawdown Indicators
| FPF | FCVSX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -53.78% | -58.76% | +4.98% |
Max Drawdown (1Y)Largest decline over 1 year | -10.17% | -10.68% | +0.51% |
Max Drawdown (5Y)Largest decline over 5 years | -37.06% | -24.18% | -12.88% |
Max Drawdown (10Y)Largest decline over 10 years | -53.78% | -25.08% | -28.70% |
Current DrawdownCurrent decline from peak | -7.99% | -9.45% | +1.46% |
Average DrawdownAverage peak-to-trough decline | -8.49% | -7.25% | -1.24% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.33% | 3.54% | -0.21% |
Volatility
FPF vs. FCVSX - Volatility Comparison
The current volatility for First Trust Intermediate Duration Preferred and Income Fund (FPF) is 5.15%, while Fidelity Convertible Securities Fund (FCVSX) has a volatility of 6.33%. This indicates that FPF experiences smaller price fluctuations and is considered to be less risky than FCVSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| FPF | FCVSX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.15% | 6.33% | -1.18% |
Volatility (6M)Calculated over the trailing 6-month period | 6.68% | 15.41% | -8.73% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.01% | 18.20% | -6.19% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.55% | 13.80% | +0.75% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.00% | 13.72% | +11.28% |