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FPFD vs FPE

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

FPFD

Fidelity Preferred Securities & Income ETF

Annual cost

0.59%

Fund size

$83M

FPE

First Trust Preferred Securities and Income ETF

Annual cost

0.83%

Fund size

$6.3B

Key differences

Both FPFD and FPE are fixed income ETFs. FPFD charges 0.59% a year and FPE 0.83%. The main difference: FPFD costs 0.24% less per year.

  • FPFD costs 0.24% less per year.
  • FPE is much larger than FPFD. Larger funds are usually more liquid and less likely to close.
  • Over the last three 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

FPFDFPE
Annual cost (TER)0.59%0.83%
Fund size (AUM)$83M$6.3B
Since20212013
Dividend yield5.14%5.84%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y+5.5%+7.6%
CAGR 3Y+7.7%+10.2%
CAGR 5YN/A+3.1%
Sharpe 3Y0.981.29
Volatility 1Y2.95%3.86%
Max drawdown-20.83%-33.35%

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

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