FPF vs. LDP
Compare and contrast key facts about First Trust Intermediate Duration Preferred and Income Fund (FPF) and Cohen and Steers Limited Duration Preferred and Income Fund (LDP).
FPF is managed by First Trust. It was launched on Apr 1, 2009. LDP is managed by Cohen and Steers. It was launched on May 1, 2012.
Performance
FPF vs. LDP - Performance Comparison
Loading graphics...
FPF vs. LDP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FPF First Trust Intermediate Duration Preferred and Income Fund | -3.28% | 13.14% | 20.90% | 5.31% | -25.83% | 9.12% | 9.67% | 28.24% | -11.97% | 15.99% |
LDP Cohen and Steers Limited Duration Preferred and Income Fund | -2.16% | 13.04% | 18.49% | 5.79% | -22.31% | 7.81% | 9.49% | 29.72% | -9.69% | 14.56% |
Returns By Period
In the year-to-date period, FPF achieves a -3.28% return, which is significantly lower than LDP's -2.16% return. Over the past 10 years, FPF has underperformed LDP with an annualized return of 5.76%, while LDP has yielded a comparatively higher 6.81% annualized return.
FPF
- 1D
- 0.79%
- 1M
- -5.89%
- YTD
- -3.28%
- 6M
- -2.91%
- 1Y
- 5.33%
- 3Y*
- 13.75%
- 5Y*
- 2.14%
- 10Y*
- 5.76%
LDP
- 1D
- 1.80%
- 1M
- -3.98%
- YTD
- -2.16%
- 6M
- -2.70%
- 1Y
- 7.38%
- 3Y*
- 13.14%
- 5Y*
- 3.02%
- 10Y*
- 6.81%
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. LDP - Expense Ratio Comparison
FPF has a 0.02% expense ratio, which is higher than LDP's 0.01% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Return for Risk
FPF vs. LDP — Risk / Return Rank
FPF
LDP
FPF vs. LDP - 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 Cohen and Steers Limited Duration Preferred and Income Fund (LDP). 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 | LDP | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.44 | 0.61 | -0.16 |
Sortino ratioReturn per unit of downside risk | 0.62 | 0.86 | -0.24 |
Omega ratioGain probability vs. loss probability | 1.11 | 1.14 | -0.03 |
Calmar ratioReturn relative to maximum drawdown | 0.55 | 0.81 | -0.27 |
Martin ratioReturn relative to average drawdown | 1.65 | 3.02 | -1.37 |
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 | LDP | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.44 | 0.61 | -0.16 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.15 | 0.23 | -0.08 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.23 | 0.34 | -0.11 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.25 | 0.36 | -0.12 |
Correlation
The correlation between FPF and LDP is 0.47, 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.
Dividends
FPF vs. LDP - Dividend Comparison
FPF's dividend yield for the trailing twelve months is around 9.36%, more than LDP's 7.73% 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% |
LDP Cohen and Steers Limited Duration Preferred and Income Fund | 7.73% | 7.43% | 7.78% | 8.66% | 8.52% | 7.99% | 6.74% | 7.14% | 8.58% | 7.56% | 7.67% | 8.31% |
Drawdowns
FPF vs. LDP - Drawdown Comparison
The maximum FPF drawdown since its inception was -53.78%, which is greater than LDP's maximum drawdown of -49.59%. Use the drawdown chart below to compare losses from any high point for FPF and LDP.
Loading graphics...
Drawdown Indicators
| FPF | LDP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -53.78% | -49.59% | -4.19% |
Max Drawdown (1Y)Largest decline over 1 year | -10.13% | -9.39% | -0.74% |
Max Drawdown (5Y)Largest decline over 5 years | -37.06% | -32.12% | -4.94% |
Max Drawdown (10Y)Largest decline over 10 years | -53.78% | -49.59% | -4.19% |
Current DrawdownCurrent decline from peak | -7.27% | -4.79% | -2.48% |
Average DrawdownAverage peak-to-trough decline | -8.49% | -6.62% | -1.87% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.36% | 2.53% | +0.83% |
Volatility
FPF vs. LDP - Volatility Comparison
The current volatility for First Trust Intermediate Duration Preferred and Income Fund (FPF) is 5.25%, while Cohen and Steers Limited Duration Preferred and Income Fund (LDP) has a volatility of 5.82%. This indicates that FPF experiences smaller price fluctuations and is considered to be less risky than LDP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| FPF | LDP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.25% | 5.82% | -0.57% |
Volatility (6M)Calculated over the trailing 6-month period | 6.72% | 7.35% | -0.63% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.04% | 12.16% | -0.12% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.55% | 13.45% | +1.10% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.00% | 20.08% | +4.92% |