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GPRF vs FPEI

Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF vs First Trust Institutional Preferred Securities and Income ETF

GPRF

Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF

Annual cost

0.45%

Fund size

$88M

FPEI

First Trust Institutional Preferred Securities and Income ETF

Annual cost

0.85%

Fund size

$1.9B

Key differences

Both GPRF and FPEI are fixed income ETFs. GPRF charges 0.45% a year and FPEI 0.85%. The main difference: GPRF follows a index tracking strategy; FPEI uses active selection.

  • GPRF follows a index tracking strategy; FPEI uses active selection.
  • GPRF costs 0.40% less per year.
  • FPEI is much larger than GPRF. Larger funds are usually more liquid and less likely to close.
  • FPEI has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

GPRFFPEI
Annual cost (TER)0.45%0.85%
Fund size (AUM)$88M$1.9B
Since20242017
Dividend yield5.61%5.73%
Asset classfixed incomefixed income
Regionnorth america
Strategyindex trackingactive selection
CAGR 1Y+5.8%+8.1%
CAGR 3YN/A+10.7%
CAGR 5YN/A+4.2%
Sharpe 3YN/A1.63
Volatility 1Y3.76%3.69%
Max drawdown-4.36%-27.51%

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

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