FPE vs FPEI
First Trust Preferred Securities and Income ETF against First Trust Institutional Preferred Securities and Income ETF: cost, size, returns, what they hold and how much of it is the same.
Overlap by weight
67%
159 shared positions
Fee gap
2 bp
FPE is cheaper
1-year return gap
2.8 pts
FPEI is ahead
Larger fund
FPE
$5.8B
Side by side
| FPE | FPEI | |
|---|---|---|
| Fund | First Trust Preferred Securities and Income ETF | First Trust Institutional Preferred Securities and Income ETF |
| Issuer | First Trust | First Trust |
| Category | Preferred Stock | Preferred Stock |
| Expense ratio | 0.83% | 0.85% |
| Assets | $5.8B | $1.8B |
| Average daily dollar volume | $31M | $11M |
| Listed | Feb 11, 2013 | Aug 22, 2017 |
| FrenzyCap score | 63 | 56 |
| 1-month return | −3.3% | −2.4% |
| 3-month return | −4.6% | −3.6% |
| Year to date | −7.0% | −5.2% |
| 1-year return | −8.5% | −5.7% |
| 30-day volatility | 6.0% | 5.3% |
| Worst drawdown, 1 year | −8.2% | −6.2% |
| Trailing 12-month yield | 6.38% | 6.12% |
| Holdings | 267 | 180 |
| Top 10 weight | 15.0% | 18.0% |
| Look-through P/E | — | — |
| Holdings vs fair value | — | — |
| Holdings above 200-day average | — | — |
| Net flow, latest 3 reported months | +$63M thru Jul 2026 | +$59M thru Jul 2026 |
| 30-day implied volatility | 22.4% | — |
| Holdings as of | as of Oct 20, 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
75% of FPE · 95% of FPEI| Holding | FPE | FPEI |
|---|---|---|
| BANK OF AMERICA CORP Variable rate | 2.65% | 3.22% |
| CITIGROUP INC Series HH, Variable rate | 1.37% | 2.16% |
| JPMORGAN CHASE & CO Variable rate | 1.27% | 1.22% |
| CREDIT AGRICOLE SA Variable rate | 1.21% | 1.97% |
| BNP PARIBAS Variable rate | 1.25% | 1.19% |
| VERIZON COMMUNICATIONS Variable rate, due 02/15/2057 | 1.17% | 1.20% |
| CHARLES SCHWAB CORP Series H, Variable rate | 1.13% | 1.48% |
| BARCLAYS PLC Variable rate | 1.76% | 1.12% |
| BANK OF MONTREAL Variable rate, due 05/26/2084 | 1.07% | 1.45% |
| Wells Fargo & Company, Series L, 7.500% | 1.82% | 1.01% |
| BANCO SANTANDER SA Variable rate | 0.97% | 1.47% |
| ING GROEP NV Variable rate | 0.97% | 1.74% |
| GOLDMAN SACHS GROUP INC Variable rate | 1.11% | 0.94% |
| AMERICAN ELECTRIC POWER 6.95%, due 12/15/2054 | 0.90% | 0.94% |
| BNP PARIBAS Variable rate | 0.90% | 1.31% |
| ROYAL BANK OF CANADA Variable rate, due 08/24/2085 | 0.90% | 0.95% |
| BELL CANADA Variable rate, due 09/15/2055 | 0.86% | 1.04% |
| HSBC HOLDINGS PLC Variable rate | 0.81% | 1.24% |
| HUNTINGTON BANCSHARES Variable rate | 0.79% | 0.95% |
| BANK OF NOVA SCOTIA Variable rate, due 01/27/2084 | 0.78% | 0.82% |
| LLOYDS BANKING GROUP PLC Variable rate | 0.76% | 1.05% |
| CANADIAN IMPERIAL BANK Variable rate, due 10/28/2085 | 0.75% | 1.26% |
| CREDIT AGRICOLE SA Variable rate | 0.72% | 0.85% |
| WELLS FARGO & COMPANY Variable rate | 0.71% | 1.08% |
| NATWEST GROUP PLC Variable rate | 0.68% | 1.09% |
Sector mix of the stock holdings
| Sector | FPE | FPEI | Gap |
|---|---|---|---|
| Communication Services | 1.9% | 0.0% | +1.9% |
| Utilities | 1.2% | 0.0% | +1.2% |
| Real Estate | 0.8% | 0.0% | +0.8% |
| Financials | 0.4% | 0.0% | +0.4% |
More: full overlap table · FPE holdings · FPEI 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.