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FPE vs SCIO

First Trust Preferred Securities and Income ETF vs First Trust Structured Credit Income Opportunities ETF

FPE

First Trust Preferred Securities and Income ETF

First Trust

Annual cost

0.83%

Fund size

$6.4B

SCIO

First Trust Structured Credit Income Opportunities ETF

First Trust

Annual cost

0.70%

Fund size

$357M

Key differences

  • SCIO costs 0.13% less per year.
  • FPE is significantly larger than SCIO — larger funds tend to be more liquid and less likely to close.
  • FPE is classified as fixed income, while SCIO is alternative — different risk/return profiles.
  • FPE follows a index tracking strategy; SCIO uses multi strategy.
  • FPE has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FPESCIO
Annual cost (TER)0.83%0.70%
Fund size (AUM)$6.4B$357M
Since20132024
Dividend yield5.83%6.09%
Asset classfixed incomealternative
Regionnorth americanorth america
Strategyindex trackingmulti strategy
CAGR 1Y+9.3%+7.7%
CAGR 3Y+11.0%N/A
CAGR 5Y+3.2%N/A
Sharpe 3Y1.43N/A
Volatility 1Y3.90%3.83%
Max drawdown-33.35%-1.72%

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

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