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BINC vs FPEI

iShares Flexible Income Active ETF vs First Trust Institutional Preferred Securities and Income ETF

BINC

iShares Flexible Income Active ETF

iShares

Annual cost

0.40%

Fund size

$16.9B

FPEI

First Trust Institutional Preferred Securities and Income ETF

First Trust

Annual cost

0.85%

Fund size

$1.9B

Key differences

  • BINC costs 0.45% less per year.
  • BINC is significantly larger than FPEI — larger funds tend to be more liquid and less likely to close.
  • BINC is classified as fixed income, while FPEI is equity — different risk/return profiles.
  • FPEI has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

BINCFPEI
Annual cost (TER)0.40%0.85%
Fund size (AUM)$16.9B$1.9B
Since20232017
Dividend yield5.60%5.69%
Asset classfixed incomeequity
Regionnorth america
Strategyactive selectionactive selection
CAGR 1Y+6.5%+10.0%
CAGR 3YN/A+11.2%
CAGR 5YN/A+4.4%
Sharpe 3YN/A1.73
Volatility 1Y2.29%3.76%
Max drawdown-2.69%-27.51%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

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