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FPEI vs FPFD

First Trust Institutional Preferred Securities and Income ETF vs Fidelity Preferred Securities & Income ETF

FPEI

First Trust Institutional Preferred Securities and Income ETF

Annual cost

0.85%

Fund size

$1.9B

FPFD

Fidelity Preferred Securities & Income ETF

Annual cost

0.59%

Fund size

$83M

Key differences

Both FPEI and FPFD are fixed income ETFs. FPEI charges 0.85% a year and FPFD 0.59%. The main difference: FPFD costs 0.26% less per year.

  • FPFD costs 0.26% less per year.
  • FPEI is much larger than FPFD. Larger funds are usually more liquid and less likely to close.
  • Over the last three years, FPEI has delivered higher annualized returns.

Side-by-side comparison

FPEIFPFD
Annual cost (TER)0.85%0.59%
Fund size (AUM)$1.9B$83M
Since20172021
Dividend yield5.73%5.14%
Asset classfixed incomefixed income
Regionnorth america
Strategyactive selectionactive selection
CAGR 1Y+8.1%+5.8%
CAGR 3Y+10.6%+7.5%
CAGR 5Y+4.3%N/A
Sharpe 3Y1.590.95
Volatility 1Y3.71%2.98%
Max drawdown-27.51%-20.83%

Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.

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