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FPEI vs FUMB

First Trust Institutional Preferred Securities and Income ETF vs First Trust Ultra Short Duration Municipal ETF

FPEI

First Trust Institutional Preferred Securities and Income ETF

First Trust

Annual cost

0.85%

Fund size

$1.9B

FUMB

First Trust Ultra Short Duration Municipal ETF

First Trust

Annual cost

0.29%

Fund size

$229M

Key differences

  • FUMB costs 0.56% less per year.
  • FPEI is significantly larger than FUMB — larger funds tend to be more liquid and less likely to close.
  • FPEI is classified as equity, while FUMB is fixed income — different risk/return profiles.
  • FPEI follows a active selection strategy; FUMB uses index tracking.
  • Over the last 3 years, FPEI has delivered higher annualized returns.

Side-by-side comparison

FPEIFUMB
Annual cost (TER)0.85%0.29%
Fund size (AUM)$1.9B$229M
Since20172018
Dividend yield5.69%2.82%
Asset classequityfixed income
Regionnorth america
Strategyactive selectionindex tracking
CAGR 1Y+10.0%+2.7%
CAGR 3Y+11.2%+3.0%
CAGR 5Y+4.4%+1.9%
Sharpe 3Y1.73-0.45
Volatility 1Y3.76%0.79%
Max drawdown-27.51%-2.68%

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

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