PRFD vs FPE

PIMCO Preferred And Capital Securities Active Exchange-Traded Fund vs First Trust Preferred Securities and Income ETF

PIMCO Preferred And Capital Securities Active Exchange-Traded Fund

Annual cost

0.73%

Fund size

$212M

First Trust Preferred Securities and Income ETF

Annual cost

0.83%

Fund size

$6.4B

Key differences

PRFD costs 0.10% less per year.
FPE is significantly larger than PRFD — larger funds tend to be more liquid and less likely to close.
PRFD covers global markets; FPE covers north america.
PRFD follows a active selection strategy; FPE uses index tracking.
Over the last 3 years, FPE has delivered higher annualized returns.
FPE has a longer track record, which may reduce uncertainty around long-term behavior.

FPEI

First Trust Institutional Preferred Securities and Income ETF

PFF

iShares Preferred and Income Securities ETF

PGX

Invesco Preferred ETF

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