EPRF vs FPE
Innovator S&P Investment Grade Preferred ETF against First Trust Preferred Securities and Income ETF: cost, size, returns, what they hold and how much of it is the same.
Overlap by weight
4%
27 shared positions
Fee gap
36 bp
EPRF is cheaper
1-year return gap
6.4 pts
FPE is ahead
Larger fund
FPE
$5.8B
Side by side
| EPRF | FPE | |
|---|---|---|
| Fund | Innovator S&P Investment Grade Preferred ETF | First Trust Preferred Securities and Income ETF |
| Issuer | Innovator | First Trust |
| Category | Preferred Stock | Preferred Stock |
| Expense ratio | 0.47% | 0.83% |
| Assets | $63M | $5.8B |
| Average daily dollar volume | $153K | $31M |
| Listed | May 23, 2016 | Feb 11, 2013 |
| FrenzyCap score | 30 | 63 |
| 1-month return | −4.3% | −3.3% |
| 3-month return | −6.4% | −4.6% |
| Year to date | −12.0% | −7.0% |
| 1-year return | −14.9% | −8.5% |
| 30-day volatility | 8.9% | 6.0% |
| Worst drawdown, 1 year | −15.2% | −8.2% |
| Trailing 12-month yield | 6.56% | 6.38% |
| Holdings | 81 | 267 |
| Top 10 weight | 40.1% | 15.0% |
| Look-through P/E | — | — |
| Holdings vs fair value | — | — |
| Holdings above 200-day average | — | — |
| Net flow, latest 3 reported months | −$1.7M thru Jul 2026 | +$63M thru Jul 2026 |
| 30-day implied volatility | — | 22.4% |
| Holdings as of | as of Oct 21, 2026issuer data | as of Oct 20, 2026issuer data |
Returns are price returns and exclude distributions. Flows are each fund's own latest reported months and may not cover the same period.
Largest shared holdings
36% of EPRF · 4% of FPE| Holding | EPRF | FPE |
|---|---|---|
| Athene Holding Ltd 6.35% 09/30/2175 | 0.98% | 0.73% |
| Aspen Insurance Holdings Ltd 5.625% 10/01/2175 | 1.28% | 0.61% |
| Equitable Holdings Inc 5.25% 09/15/2175 | 2.00% | 0.40% |
| Bank of America Corp 5.375% 12/28/2174 | 0.33% | 0.42% |
| Bank of New York Mellon Corp/The 6.15% 12/21/2174 | 3.99% | 0.29% |
| Athene Holding Ltd 7.75% 09/30/2175 | 1.00% | 0.27% |
| JPMorgan Chase & Co 4.625% 12/01/2174 | 0.66% | 0.22% |
| RenaissanceRe Holdings Ltd 4.2% 09/01/2175 | 2.05% | 0.21% |
| Aspen Insurance Holdings Ltd 5.625% 10/01/2175 | 1.27% | 0.17% |
| Morgan Stanley 6.625% 10/15/2175 | 0.43% | 0.16% |
| Axis Capital Holdings Ltd 5.5% 10/15/2175 | 4.04% | 0.13% |
| Voya Financial Inc 5.35% 09/15/2175 | 3.98% | 0.13% |
| State Street Corp 5.35% 09/15/2175 | 4.02% | 0.11% |
| Morgan Stanley 5.85% 10/15/2175 | 0.43% | 0.10% |
| Public Storage 4.625% 09/30/2175 | 0.31% | 0.07% |
| Truist Financial Corp 4.75% 09/01/2175 | 1.35% | 0.05% |
| Bank of America Corp 5% 12/17/2174 | 0.33% | 0.05% |
| US Bancorp 5.5% 10/15/2175 | 0.78% | 0.04% |
| Bank of America Corp 4.75% 11/17/2174 | 0.33% | 0.04% |
| Bank of America Corp 4.375% 11/03/2174 | 0.33% | 0.04% |
| JPMorgan Chase & Co 4.75% 12/01/2174 | 0.67% | 0.03% |
| JPMorgan Chase & Co 4.55% 12/01/2174 | 0.66% | 0.03% |
| RenaissanceRe Holdings Ltd 5.75% 09/01/2175 | 1.94% | 0.02% |
| MetLife Inc 4.75% 09/15/2175 | 1.35% | 0.02% |
| Athene Holding Ltd 5.625% 09/30/2175 | 0.99% | 0.01% |
Sector mix of the stock holdings
| Sector | EPRF | FPE | Gap |
|---|---|---|---|
| Communication Services | 0.0% | 1.9% | −1.9% |
| Utilities | 0.0% | 1.2% | −1.2% |
| Real Estate | 0.0% | 0.8% | −0.8% |
| Financials | 0.0% | 0.4% | −0.4% |
More: full overlap table · EPRF holdings · FPE holdings
Fund data comes from each fund's SEC filings and issuer disclosures and is shown with the date it is as of. SEC portfolio and flow filings become public about 60 days after the period they cover. Nothing here is investment advice; see Terms.