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

Correlation

The correlation between ICVT and FPE is 0.40, 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.


-0.50.00.51.0
Correlation: 0.4

Performance

ICVT vs. FPE - Performance Comparison

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

60.00%80.00%100.00%120.00%NovemberDecember2025FebruaryMarchApril
108.34%
57.55%
ICVT
FPE

Key characteristics

Sharpe Ratio

ICVT:

0.63

FPE:

1.53

Sortino Ratio

ICVT:

0.91

FPE:

2.14

Omega Ratio

ICVT:

1.11

FPE:

1.29

Calmar Ratio

ICVT:

0.23

FPE:

1.21

Martin Ratio

ICVT:

2.67

FPE:

9.17

Ulcer Index

ICVT:

2.34%

FPE:

0.72%

Daily Std Dev

ICVT:

9.83%

FPE:

4.32%

Max Drawdown

ICVT:

-37.27%

FPE:

-33.35%

Current Drawdown

ICVT:

-19.78%

FPE:

-1.67%

Returns By Period

In the year-to-date period, ICVT achieves a -3.16% return, which is significantly lower than FPE's 0.06% return.


ICVT

YTD

-3.16%

1M

-3.65%

6M

-0.32%

1Y

6.07%

5Y*

11.43%

10Y*

N/A

FPE

YTD

0.06%

1M

-1.12%

6M

-1.13%

1Y

6.74%

5Y*

7.20%

10Y*

4.68%

*Annualized

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


ICVT vs. FPE - Expense Ratio Comparison

ICVT has a 0.20% expense ratio, which is lower than FPE's 0.85% expense ratio.


FPE
First Trust Preferred Securities & Income ETF
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 ICVT: current value is 0.20%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
ICVT: 0.20%

Risk-Adjusted Performance

ICVT vs. FPE — Risk-Adjusted Performance Rank

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

ICVT
The Risk-Adjusted Performance Rank of ICVT is 6363
Overall Rank
The Sharpe Ratio Rank of ICVT is 6868
Sharpe Ratio Rank
The Sortino Ratio Rank of ICVT is 6767
Sortino Ratio Rank
The Omega Ratio Rank of ICVT is 6565
Omega Ratio Rank
The Calmar Ratio Rank of ICVT is 4444
Calmar Ratio Rank
The Martin Ratio Rank of ICVT is 7070
Martin Ratio Rank

FPE
The Risk-Adjusted Performance Rank of FPE is 8989
Overall Rank
The Sharpe Ratio Rank of FPE is 9090
Sharpe Ratio Rank
The Sortino Ratio Rank of FPE is 8989
Sortino Ratio Rank
The Omega Ratio Rank of FPE is 9090
Omega Ratio Rank
The Calmar Ratio Rank of FPE is 8383
Calmar Ratio Rank
The Martin Ratio Rank of FPE is 9191
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.

ICVT vs. FPE - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Convertible Bond ETF (ICVT) and First Trust Preferred Securities & Income ETF (FPE). 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.


Sharpe ratio
The chart of Sharpe ratio for ICVT, currently valued at 0.63, compared to the broader market0.002.004.00
ICVT: 0.63
FPE: 1.53
The chart of Sortino ratio for ICVT, currently valued at 0.91, compared to the broader market-2.000.002.004.006.008.0010.0012.00
ICVT: 0.91
FPE: 2.14
The chart of Omega ratio for ICVT, currently valued at 1.11, compared to the broader market0.501.001.502.002.503.00
ICVT: 1.11
FPE: 1.29
The chart of Calmar ratio for ICVT, currently valued at 0.23, compared to the broader market0.005.0010.0015.00
ICVT: 0.23
FPE: 1.21
The chart of Martin ratio for ICVT, currently valued at 2.67, compared to the broader market0.0020.0040.0060.0080.00100.00
ICVT: 2.67
FPE: 9.17

The current ICVT Sharpe Ratio is 0.63, which is lower than the FPE Sharpe Ratio of 1.53. The chart below compares the historical Sharpe Ratios of ICVT and FPE, 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 Ratio1.002.003.004.005.00NovemberDecember2025FebruaryMarchApril
0.63
1.53
ICVT
FPE

Dividends

ICVT vs. FPE - Dividend Comparison

ICVT's dividend yield for the trailing twelve months is around 2.33%, less than FPE's 5.79% yield.


TTM20242023202220212020201920182017201620152014
ICVT
iShares Convertible Bond ETF
2.33%2.19%1.85%1.93%1.14%1.13%1.86%4.82%2.56%3.06%1.57%0.00%
FPE
First Trust Preferred Securities & Income ETF
5.79%5.68%6.03%5.67%4.48%4.88%5.32%6.14%5.39%5.97%5.49%6.00%

Drawdowns

ICVT vs. FPE - Drawdown Comparison

The maximum ICVT drawdown since its inception was -37.27%, which is greater than FPE's maximum drawdown of -33.35%. Use the drawdown chart below to compare losses from any high point for ICVT and FPE. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%NovemberDecember2025FebruaryMarchApril
-19.78%
-1.67%
ICVT
FPE

Volatility

ICVT vs. FPE - Volatility Comparison

iShares Convertible Bond ETF (ICVT) has a higher volatility of 4.60% compared to First Trust Preferred Securities & Income ETF (FPE) at 1.24%. This indicates that ICVT's price experiences larger fluctuations and is considered to be riskier than FPE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


1.00%2.00%3.00%4.00%5.00%NovemberDecember2025FebruaryMarchApril
4.60%
1.24%
ICVT
FPE
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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