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FPFD vs VRP

Fidelity Preferred Securities & Income ETF vs Invesco Variable Rate Preferred ETF

FPFD

Fidelity Preferred Securities & Income ETF

Annual cost

0.59%

Fund size

$83M

VRP

Invesco Variable Rate Preferred ETF

Annual cost

0.50%

Fund size

$2.9B

Key differences

Both FPFD and VRP are fixed income ETFs. FPFD charges 0.59% a year and VRP 0.50%. The main difference: VRP costs 0.09% less per year.

  • VRP costs 0.09% less per year.
  • VRP is much larger than FPFD. Larger funds are usually more liquid and less likely to close.
  • Over the last three years, VRP has delivered higher annualized returns.
  • VRP has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FPFDVRP
Annual cost (TER)0.59%0.50%
Fund size (AUM)$83M$2.9B
Since20212014
Dividend yield5.14%6.31%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y+5.5%+6.7%
CAGR 3Y+7.7%+9.7%
CAGR 5YN/A+4.3%
Sharpe 3Y0.981.30
Volatility 1Y2.95%2.89%
Max drawdown-20.83%-46.04%

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

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