JHPI vs. FPFD
Compare and contrast key facts about John Hancock Preferred Income ETF (JHPI) and Fidelity Preferred Securities & Income ETF (FPFD).
JHPI and FPFD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. JHPI is an actively managed fund by John Hancock. It was launched on Dec 14, 2021. FPFD is an actively managed fund by Fidelity. It was launched on Jun 15, 2021.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: JHPI or FPFD.
Correlation
The correlation between JHPI and FPFD is -0.80. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
JHPI vs. FPFD - Performance Comparison
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Key characteristics
JHPI:
2.04%
FPFD:
4.28%
JHPI:
-0.10%
FPFD:
-20.83%
JHPI:
0.00%
FPFD:
-2.33%
Returns By Period
JHPI
N/A
N/A
N/A
N/A
N/A
N/A
FPFD
0.30%
2.73%
-1.49%
4.68%
N/A
N/A
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JHPI vs. FPFD - Expense Ratio Comparison
JHPI has a 0.54% expense ratio, which is lower than FPFD's 0.59% expense ratio.
Risk-Adjusted Performance
JHPI vs. FPFD — Risk-Adjusted Performance Rank
JHPI
FPFD
JHPI vs. FPFD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for John Hancock Preferred Income ETF (JHPI) and Fidelity Preferred Securities & Income ETF (FPFD). 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.
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Dividends
JHPI vs. FPFD - Dividend Comparison
Neither JHPI nor FPFD has paid dividends to shareholders.
Drawdowns
JHPI vs. FPFD - Drawdown Comparison
The maximum JHPI drawdown since its inception was -0.10%, smaller than the maximum FPFD drawdown of -20.83%. Use the drawdown chart below to compare losses from any high point for JHPI and FPFD. For additional features, visit the drawdowns tool.
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Volatility
JHPI vs. FPFD - Volatility Comparison
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