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NPFI vs FPE

Nuveen Preferred And Income ETF vs First Trust Preferred Securities and Income ETF

NPFI

Nuveen Preferred And Income ETF

Annual cost

0.56%

Fund size

$154M

FPE

First Trust Preferred Securities and Income ETF

Annual cost

0.83%

Fund size

$6.4B

Key differences

  • NPFI costs 0.27% less per year.
  • FPE is significantly larger than NPFI — larger funds tend to be more liquid and less likely to close.
  • NPFI follows a active selection strategy; FPE uses index tracking.
  • FPE has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

NPFIFPE
Annual cost (TER)0.56%0.83%
Fund size (AUM)$154M$6.4B
Since20242013
Dividend yield6.37%5.83%
Asset classfixed incomefixed income
Regionnorth america
Strategyactive selectionindex tracking
CAGR 1Y+8.2%+9.2%
CAGR 3YN/A+10.9%
CAGR 5YN/A+3.3%
Sharpe 3YN/A1.42
Volatility 1Y2.91%3.85%
Max drawdown-3.18%-33.35%

Similar to NPFI and FPE