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FPE vs LGOV

First Trust Preferred Securities and Income ETF vs First Trust Long Duration Opportunities ETF

FPE

First Trust Preferred Securities and Income ETF

First Trust

Annual cost

0.83%

Fund size

$6.4B

LGOV

First Trust Long Duration Opportunities ETF

First Trust

Annual cost

0.49%

Fund size

$664M

Key differences

  • LGOV costs 0.34% less per year.
  • FPE is significantly larger than LGOV — larger funds tend to be more liquid and less likely to close.
  • Over the last 3 years, FPE has delivered higher annualized returns.
  • FPE has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FPELGOV
Annual cost (TER)0.83%0.49%
Fund size (AUM)$6.4B$664M
Since20132019
Dividend yield5.83%4.21%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y+9.3%+6.4%
CAGR 3Y+11.0%+2.0%
CAGR 5Y+3.2%-1.7%
Sharpe 3Y1.43-0.13
Volatility 1Y3.90%6.99%
Max drawdown-33.35%-30.85%

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

Similar to FPE and LGOV