QPFF vs. FPFD

Last updated Jun 3, 2026

QPFF (American Century Quality Preferred ETF) and FPFD (Fidelity Preferred Securities & Income ETF) are both Preferred Stock/Convertible Bonds funds. Both are actively managed. QPFF charges 0.33%/yr vs 0.59%/yr for FPFD.

Performance

QPFF vs. FPFD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in American Century Quality Preferred ETF (QPFF) and Fidelity Preferred Securities & Income ETF (FPFD). 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*: —

FPFD

• 1D: -0.09%
• 1M: -0.51%
• YTD: 0.96%
• 6M: 1.27%
• 1Y: 6.67%
• 3Y*: 7.75%
• 5Y*: —
• 10Y*: —

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

QPFF vs. FPFD - Yearly Performance Comparison

	2026 (YTD)
QPFF American Century Quality Preferred ETF	0.00%
FPFD Fidelity Preferred Securities & Income ETF	-0.14%

QPFF vs. FPFD - Sectors Allocation Comparison

Sectors	QPFF	FPFD
Financial Services	51.6%	16.4%
Utilities	5.5%	5.4%
Real Estate	4.1%	1.6%
Communication Services	3.6%	3.5%
Consumer Cyclical	2.1%	0.3%
Industrials	1.2%	0.8%
Basic Materials	0.3%	-
Consumer Defensive	-	-
Energy	-	-
Healthcare	-	-
Technology	-	1.2%

Return for Risk

QPFF vs. FPFD — Risk / Return Rank

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

FPFD

FPFD Risk / Return Rank: 63
FPFD Sharpe Ratio Rank: 68
FPFD Sortino Ratio Rank: 73
FPFD Omega Ratio Rank: 75
FPFD Calmar Ratio Rank: 48
FPFD Martin Ratio Rank: 53

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. FPFD - Risk-Adjusted Trends Comparison

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

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

Sharpe Ratios by Period

	QPFF	FPFD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.28	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.34	—

Drawdowns

QPFF vs. FPFD - Drawdown Comparison

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

Drawdown Indicators

	QPFF	FPFD	Difference
Max Drawdown Largest peak-to-trough decline	0.00%	-20.83%	+20.83%
Max Drawdown (1Y) Largest decline over 1 year	—	-2.75%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-4.92%	—
Current Drawdown Current decline from peak	0.00%	-1.00%	+1.00%
Average Drawdown Average peak-to-trough decline	0.00%	-6.82%	+6.82%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.72%	—

Volatility

Volatility by Period

	QPFF	FPFD	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	1.00%	—
Volatility (6M) Calculated over the trailing 6-month period	—	2.23%	—
Volatility (1Y) Calculated over the trailing 1-year period	0.00%	2.94%	-2.94%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.00%	5.32%	-5.32%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.00%	5.32%	-5.32%

QPFF vs. FPFD - Expense Ratio Comparison

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

Dividends

QPFF vs. FPFD - Dividend Comparison

QPFF has not paid dividends to shareholders, while FPFD's dividend yield for the trailing twelve months is around 5.14%.

Position	TTM	2025	2024	2023	2022	2021
FPFD Fidelity Preferred Securities & Income ETF	5.14%	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%

Frequently Asked Questions

Which ETF is better, QPFF or FPFD?

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 FPFD?

QPFF is cheaper with a 0.33% expense ratio, compared with 0.59% for FPFD.

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

FPFD has the higher dividend yield at 5.14%, compared with 0.00% for QPFF.

What is the main difference between QPFF and FPFD?

They also come from different issuers: American Century and Fidelity. Their fees differ too: 0.33% for QPFF and 0.59% for FPFD.