QPFF vs. FPE

Last updated Jun 4, 2026

QPFF (American Century Quality Preferred ETF) and FPE (First Trust Preferred Securities & Income ETF) are both Preferred Stock/Convertible Bonds funds. Both are actively managed. QPFF charges 0.33%/yr vs 0.85%/yr for FPE.

Performance

QPFF vs. FPE - Performance Comparison

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

Returns By Period

QPFF

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

FPE

• 1D: -0.11%
• 1M: 0.16%
• YTD: 0.97%
• 6M: 1.26%
• 1Y: 8.50%
• 3Y*: 10.04%
• 5Y*: 3.08%
• 10Y*: 5.04%

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

QPFF vs. FPE - Yearly Performance Comparison

	2026 (YTD)
QPFF American Century Quality Preferred ETF	0.00%
FPE First Trust Preferred Securities & Income ETF	-0.01%

QPFF vs. FPE - Sectors Allocation Comparison

Sectors	QPFF	FPE
Financial Services	51.6%	9.2%
Utilities	5.5%	3.1%
Real Estate	4.1%	2.3%
Communication Services	3.6%	0.4%
Consumer Cyclical	2.1%	-
Industrials	1.2%	0.4%
Basic Materials	0.3%	-
Consumer Defensive	-	0.8%
Energy	-	-
Healthcare	-	-
Technology	-	-

Return for Risk

QPFF vs. FPE — Risk / Return Rank

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

FPE

FPE Risk / Return Rank: 61
FPE Sharpe Ratio Rank: 65
FPE Sortino Ratio Rank: 67
FPE Omega Ratio Rank: 77
FPE Calmar Ratio Rank: 42
FPE Martin Ratio Rank: 54

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.

QPFF vs. FPE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for American Century Quality Preferred ETF (QPFF) 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	QPFF	FPE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.22	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.47	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.50	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.53	—

Drawdowns

QPFF vs. FPE - Drawdown Comparison

The maximum QPFF drawdown since its inception was 0.00%, smaller than the maximum FPE drawdown of -33.35%. Use the drawdown chart below to compare losses from any high point for QPFF and FPE.

Drawdown Indicators

	QPFF	FPE	Difference
Max Drawdown Largest peak-to-trough decline	0.00%	-33.35%	+33.35%
Max Drawdown (1Y) Largest decline over 1 year	—	-4.08%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-4.66%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-19.65%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-33.35%	—
Current Drawdown Current decline from peak	0.00%	-0.84%	+0.84%
Average Drawdown Average peak-to-trough decline	0.00%	-3.33%	+3.33%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.90%	—

Volatility

Volatility by Period

	QPFF	FPE	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	1.10%	—
Volatility (6M) Calculated over the trailing 6-month period	—	3.09%	—
Volatility (1Y) Calculated over the trailing 1-year period	0.00%	3.85%	-3.85%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.00%	6.61%	-6.61%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.00%	10.17%	-10.17%

QPFF vs. FPE - Expense Ratio Comparison

QPFF has a 0.33% expense ratio, which is lower than FPE's 0.85% expense ratio.

Dividends

QPFF vs. FPE - Dividend Comparison

QPFF has not paid dividends to shareholders, while FPE's dividend yield for the trailing twelve months is around 5.84%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FPE First Trust Preferred Securities & Income ETF	5.84%	5.81%	5.68%	6.03%	5.67%	4.48%	4.88%	5.32%	6.14%	5.39%	5.97%	5.49%
QPFF American Century Quality Preferred ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Which ETF is better, QPFF or FPE?

On fees, QPFF is cheaper at 0.33% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, QPFF or FPE?

QPFF is cheaper with a 0.33% expense ratio, compared with 0.85% for FPE.

Which ETF pays a higher dividend yield, QPFF or FPE?

FPE has the higher dividend yield at 5.84%, compared with 0.00% for QPFF.

What is the main difference between QPFF and FPE?

They also come from different issuers: American Century and First Trust. Their fees differ too: 0.33% for QPFF and 0.85% for FPE.