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FPFD vs FPEI

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

FPFD

Fidelity Preferred Securities & Income ETF

Annual cost

0.59%

Fund size

$83M

FPEI

First Trust Institutional Preferred Securities and Income ETF

Annual cost

0.85%

Fund size

$1.9B

Key differences

Both FPFD and FPEI are fixed income ETFs. FPFD charges 0.59% a year and FPEI 0.85%. The main difference: FPFD follows a index tracking strategy; FPEI uses active selection.

  • FPFD follows a index tracking strategy; FPEI uses active selection.
  • 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

FPFDFPEI
Annual cost (TER)0.59%0.85%
Fund size (AUM)$83M$1.9B
Since20212017
Dividend yield5.14%5.73%
Asset classfixed incomefixed income
Regionnorth america
Strategyindex trackingactive selection
CAGR 1Y+5.5%+8.1%
CAGR 3Y+7.7%+10.7%
CAGR 5YN/A+4.2%
Sharpe 3Y0.981.63
Volatility 1Y2.95%3.69%
Max drawdown-20.83%-27.51%

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

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