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FSEC vs FPFD

Fidelity Investment Grade Securitized ETF vs Fidelity Preferred Securities & Income ETF

FSEC

Fidelity Investment Grade Securitized ETF

Annual cost

0.36%

Fund size

$4.5B

FPFD

Fidelity Preferred Securities & Income ETF

Annual cost

0.59%

Fund size

$83M

Key differences

Both FSEC and FPFD are fixed income ETFs. FSEC charges 0.36% a year and FPFD 0.59%. The main difference: FSEC follows a index tracking strategy; FPFD uses active selection.

  • FSEC follows a index tracking strategy; FPFD uses active selection.
  • FSEC costs 0.23% less per year.
  • FSEC is much larger than FPFD. Larger funds are usually more liquid and less likely to close.
  • Over the last three years, FPFD has delivered higher annualized returns.

Side-by-side comparison

FSECFPFD
Annual cost (TER)0.36%0.59%
Fund size (AUM)$4.5B$83M
Since20212021
Dividend yield4.34%5.14%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyindex trackingactive selection
CAGR 1Y+6.4%+5.8%
CAGR 3Y+4.9%+7.5%
CAGR 5Y+0.5%N/A
Sharpe 3Y0.210.95
Volatility 1Y5.29%2.98%
Max drawdown-17.97%-20.83%

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

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