FPFD vs. QPFF

Last updated Apr 1, 2026

Compare and contrast key facts about Fidelity Preferred Securities & Income ETF (FPFD) and American Century Quality Preferred ETF (QPFF).

FPFD and QPFF are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FPFD is an actively managed fund by Fidelity. It was launched on Jun 15, 2021. QPFF is an actively managed fund by American Century. It was launched on Feb 16, 2021.

Performance

FPFD vs. QPFF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Preferred Securities & Income ETF (FPFD) and American Century Quality Preferred ETF (QPFF). The values are adjusted to include any dividend payments, if applicable.

FPFD vs. QPFF - Yearly Performance Comparison

	2026 (YTD)
FPFD Fidelity Preferred Securities & Income ETF	-1.44%
QPFF American Century Quality Preferred ETF	0.00%

Returns By Period

FPFD

• 1D: 0.39%
• 1M: -2.02%
• YTD: -0.36%
• 6M: -0.21%
• 1Y: 5.18%
• 3Y*: 7.37%
• 5Y*: —
• 10Y*: —

QPFF

• 1D: 0.00%
• 1M: 0.00%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

FPFD vs. QPFF - Expense Ratio Comparison

FPFD has a 0.59% expense ratio, which is higher than QPFF's 0.33% expense ratio.

FPFD

Fidelity Preferred Securities & Income ETF

QPFF

American Century Quality Preferred ETF

Return for Risk

FPFD vs. QPFF — Risk / Return Rank

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

FPFD

FPFD Risk / Return Rank: 72
FPFD Sharpe Ratio Rank: 79
FPFD Sortino Ratio Rank: 79
FPFD Omega Ratio Rank: 78
FPFD Calmar Ratio Rank: 64
FPFD Martin Ratio Rank: 60

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FPFD vs. QPFF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Preferred Securities & Income ETF (FPFD) and American Century Quality Preferred ETF (QPFF). 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.

	FPFD	QPFF	Difference
Sharpe ratio Return per unit of total volatility	1.47	—	—
Sortino ratio Return per unit of downside risk	1.99	—	—
Omega ratio Gain probability vs. loss probability	1.29	—	—
Calmar ratio Return relative to maximum drawdown	1.59	—	—
Martin ratio Return relative to average drawdown	5.82	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	FPFD	QPFF	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.47	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.30	—	—

Dividends

FPFD vs. QPFF - Dividend Comparison

FPFD's dividend yield for the trailing twelve months is around 5.09%, while QPFF has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021
FPFD Fidelity Preferred Securities & Income ETF	5.09%	5.04%	4.89%	5.09%	5.22%	1.59%
QPFF American Century Quality Preferred ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

FPFD vs. QPFF - Drawdown Comparison

The maximum FPFD drawdown since its inception was -20.83%, which is greater than QPFF's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for FPFD and QPFF.

Drawdown Indicators

	FPFD	QPFF	Difference
Max Drawdown Largest peak-to-trough decline	-20.83%	0.00%	-20.83%
Max Drawdown (1Y) Largest decline over 1 year	-3.18%	—	—
Current Drawdown Current decline from peak	-2.29%	0.00%	-2.29%
Average Drawdown Average peak-to-trough decline	-7.04%	0.00%	-7.04%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.87%	—	—

Volatility

Volatility by Period

	FPFD	QPFF	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.35%	—	—
Volatility (6M) Calculated over the trailing 6-month period	2.08%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	3.54%	0.00%	+3.54%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.38%	0.00%	+5.38%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.38%	0.00%	+5.38%