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FTCB vs FPEI

First Trust Core Investment Grade ETF vs First Trust Institutional Preferred Securities and Income ETF

FTCB

First Trust Core Investment Grade ETF

First Trust

Annual cost

0.56%

Fund size

$2.4B

FPEI

First Trust Institutional Preferred Securities and Income ETF

First Trust

Annual cost

0.85%

Fund size

$1.9B

Key differences

  • FTCB costs 0.29% less per year.
  • FTCB is classified as fixed income, while FPEI is equity — different risk/return profiles.
  • FPEI has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FTCBFPEI
Annual cost (TER)0.56%0.85%
Fund size (AUM)$2.4B$1.9B
Since20232017
Dividend yield4.85%5.69%
Asset classfixed incomeequity
Regionnorth america
Strategyactive selectionactive selection
CAGR 1Y+6.4%+9.6%
CAGR 3YN/A+11.2%
CAGR 5YN/A+4.2%
Sharpe 3YN/A1.73
Volatility 1Y4.09%3.74%
Max drawdown-4.99%-27.51%

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

Similar to FTCB and FPEI