IYG vs. FPE
Compare and contrast key facts about iShares U.S. Financial Services ETF (IYG) and First Trust Preferred Securities & Income ETF (FPE).
IYG and FPE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IYG is a passively managed fund by iShares that tracks the performance of the Dow Jones U.S. Financial Services TR. It was launched on Jun 12, 2000. FPE is an actively managed fund by First Trust. It was launched on Feb 12, 2013.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IYG or FPE.
Correlation
The correlation between IYG 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.
Performance
IYG vs. FPE - Performance Comparison
Key characteristics
IYG:
0.89
FPE:
1.42
IYG:
1.34
FPE:
1.99
IYG:
1.20
FPE:
1.31
IYG:
1.07
FPE:
1.62
IYG:
4.12
FPE:
7.68
IYG:
4.82%
FPE:
1.01%
IYG:
22.26%
FPE:
5.48%
IYG:
-81.84%
FPE:
-33.35%
IYG:
-9.21%
FPE:
-1.79%
Returns By Period
In the year-to-date period, IYG achieves a -1.04% return, which is significantly lower than FPE's -0.05% return. Over the past 10 years, IYG has outperformed FPE with an annualized return of 11.55%, while FPE has yielded a comparatively lower 4.63% annualized return.
IYG
-1.04%
-3.72%
4.83%
20.45%
18.38%
11.55%
FPE
-0.05%
-1.18%
-0.71%
8.01%
5.08%
4.63%
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IYG vs. FPE - Expense Ratio Comparison
IYG has a 0.42% expense ratio, which is lower than FPE's 0.85% expense ratio.
Risk-Adjusted Performance
IYG vs. FPE — Risk-Adjusted Performance Rank
IYG
FPE
IYG vs. FPE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares U.S. Financial Services ETF (IYG) 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.
Dividends
IYG vs. FPE - Dividend Comparison
IYG's dividend yield for the trailing twelve months is around 1.20%, less than FPE's 5.90% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IYG iShares U.S. Financial Services ETF | 1.20% | 1.16% | 1.77% | 2.07% | 1.25% | 1.71% | 1.59% | 1.81% | 1.24% | 1.28% | 1.33% | 1.14% |
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% |
Drawdowns
IYG vs. FPE - Drawdown Comparison
The maximum IYG drawdown since its inception was -81.84%, which is greater than FPE's maximum drawdown of -33.35%. Use the drawdown chart below to compare losses from any high point for IYG and FPE. For additional features, visit the drawdowns tool.
Volatility
IYG vs. FPE - Volatility Comparison
iShares U.S. Financial Services ETF (IYG) has a higher volatility of 14.70% compared to First Trust Preferred Securities & Income ETF (FPE) at 3.80%. This indicates that IYG'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.