Skip to content
Beacon
Screener

FPEI vs SCIO

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

FPEI

First Trust Institutional Preferred Securities and Income ETF

First Trust

Annual cost

0.85%

Fund size

$1.9B

SCIO

First Trust Structured Credit Income Opportunities ETF

First Trust

Annual cost

0.70%

Fund size

$357M

Key differences

  • SCIO costs 0.15% less per year.
  • FPEI is significantly larger than SCIO — larger funds tend to be more liquid and less likely to close.
  • FPEI is classified as equity, while SCIO is alternative — different risk/return profiles.
  • FPEI follows a active selection strategy; SCIO uses multi strategy.
  • FPEI has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FPEISCIO
Annual cost (TER)0.85%0.70%
Fund size (AUM)$1.9B$357M
Since20172024
Dividend yield5.69%6.09%
Asset classequityalternative
Regionnorth america
Strategyactive selectionmulti strategy
CAGR 1Y+9.6%+7.7%
CAGR 3Y+11.2%N/A
CAGR 5Y+4.2%N/A
Sharpe 3Y1.73N/A
Volatility 1Y3.74%3.83%
Max drawdown-27.51%-1.72%

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

Similar to FPEI and SCIO