FCVTvsFPEIETF Comparison
ETF 1
FCVT
First Trust SSI Strategic Convertible Securities ETF
This fund is part of
Convertible Bonds
-3.14%
VS
ETF 2
FPEI
First Trust Institutional Preferred Securities and Income ETF
This fund is part of
Multi-Asset: Other
-1.43%
First Trust SSI Strategic Convertible Securities ETF (FCVT) belongs to the Convertible Bonds segment. First Trust Institutional Preferred Securities and Income ETF (FPEI) is part of the Multi-Asset: Other segment. FCVT's top 3 sector exposures are Technology, Healthcare and Finance. In contrast, FPEI's top sector exposures are Finance, Utilities and Energy. FCVT is more expensive with a Total Expense Ratio (TER) of 0.95%, versus 0.85% for FPEI. FCVT is down -0.89% year-to-date (YTD) with -$23M in YTD flows. FPEI performs better with 1.93% YTD performance, and +$112M in YTD flows. Run a side-by-side ETF comparison of FCVT and FPEI below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
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FCVT vs FPEI performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 11/05/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | FCVT FPEI | -15.16%+1.28% | -16.58%-1.94% | -0.89%+1.93% | -3.08%+2.66% | +46.88%+27.95% | +5.45%+15.70% |
| Flows | FCVT FPEI | -$9M-$13M | -$12M-$26M | -$23M+$112M | -$38M+$154M | -$40M+$672M | -$116M+$1.39B |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | FCVT FPEI | +21.57%+2.84% | +21.25%+2.76% | +15.98%+2.86% | +15.60%+4.59% |
| Max drawdown | FCVT FPEI | -18.89%-3.24% | -22.16%-3.24% | -22.16%-3.75% | -30.12%-16.50% |
| Max drawdown duration | FCVT FPEI | 80d88d | 140d88d | 140d67d | 1396d974d |
Trading data
FCVT | FPEI | |
Last sale 11/6/2026 at 2:30 PM | $42.64 | $18.58 |
| Previous close 11/04/2026 | $42.30 | $18.52 |
| Consolidated volume 11/04/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
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Main metrics
Last update 11/6/2026 at 2:30 PM
Live
Closed
FCVT | FPEI | |
|---|---|---|
| Last price | $42.64 | $18.58 |
| 1D performance | +0.81% | +0.30% |
| AuM | $73.95 M | $1.86 B |
| E/R | 0.95% | 0.85% |
Characteristics
FCVT | FPEI | |
|---|---|---|
| Management strategy | Active | Active |
| Provider | First Trust | First Trust |
| Benchmark | - | - |
| N° of holdings | 94 | 129 |
| Asset class | - | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | November 3, 2015 | August 22, 2017 |
| ESG | No | No |
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Exposure
Countries
FCVT
USA
65.53%
Other
34.47%
FPEI
USA
34.21%
Canada
12.9%
United Kingdom
7.18%
Other
45.71%
Sectors
FCVT
Technology
29.32%
Healthcare
11.58%
Finance
10.59%
Industrials
9.6%
Other
38.91%
FPEI
Finance
56.68%
Utilities
14.3%
Other
29.02%
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Diversification
FCVT
Total weight of top 15 holdings out of 15
26.82%
FPEI
Total weight of top 15 holdings out of 15
21.09%
Top 15 holdings
Data as of September 30, 2026
FCVT
Nebius, 1.25% 15mar2031, USD (Conv.)
3.08%
The Boeing Co.
2.20%
Hewlett Packard Enterprise Co.
2.17%
Live Nation Entertainment, 2.875% 15jan2030, USD (Conv.)
2.07%
US63954QAN60
1.70%
Akamai Technologies, 0.25% 15may2033, USD (Conv.)
1.67%
US63954QAQ91
1.67%
Snowflake, 0% 1oct2027, USD (Conv.)
1.65%
Wells Fargo & Co.
1.62%
Bloom Energy, 0% 15nov2030, USD (Conv.)
1.56%
ON Semiconductor, 0.5% 1mar2029, USD (Conv.)
1.52%
US55024UAK51
1.52%
IREN, 0% 1jul2031, USD (Conv.)
1.50%
Ligand Pharmaceuticals, 0% 15sep2031, USD (Conv.)
1.47%
Welltower, 2.75% 15may2028, USD (Conv.)
1.42%
FPEI
Credit Agricole SA, 7.125% perp., USD
2.01%
ING Groep, 7% perp., USD
1.75%
Banco Bilbao (BBVA), 7.75% perp., USD
1.65%
Enbridge, 8.5% 15jan2084, USD (2023-B)
1.54%
Charles Schwab, 4% perp., USD (H)
1.49%
Banco Santander, 9.625% perp., USD
1.48%
Bank of Montreal, 7.7% 26may2084, USD
1.45%
BNP Paribas, 8.5% perp., USD
1.31%
Commerzbank, 7.5% perp., USD
1.29%
CIBC, 7% 28oct2085, USD
1.26%
JP Morgan, 6.875% perp., USD (NN)
1.23%
HSBC Holdings plc, 6.95% perp., USD
1.23%
Wells Fargo, 6.85% perp., USD (FF)
1.17%
Bell Canada, 7% 15sep2055, USD (B)
1.12%
Barclays, 8% perp., USD
1.11%
Frequently asked questions about FCVT and FPEI
How have the FCVT and FPEI ETFs performed in 2026?
As of November 5, 2026, FCVT is down -0.89% year-to-date (YTD), while FPEI has returned 1.93%. That puts FPEI better performer ahead so far this year.
Which ETF is attracting more investor money: FCVT or FPEI?
Year-to-date, the FCVT ETF saw -$23M in flows, compared to +$112M for FPEI.
Which ETF is more volatile: FCVT or FPEI?
Over the past year, FCVT had a volatility of 21.25%, while FPEI experienced 2.76%.
Which ETF is bigger: FCVT or FPEI?
As of November 5, 2026, FCVT holds $73.95 M in assets under management (AUM), while FPEI manages $1.86 B.
What sectors do the FCVT and FPEI ETFs invest in?
FCVT leans toward sectors like Technology, Healthcare and Finance. Meanwhile, FPEI focuses on Finance and Utilities.
What are the top holdings of the FCVT ETF and FPEI ETF?
FCVT top holdings include Nebius, 1.25% 15mar2031, USD (Conv.), The Boeing Co. and Hewlett Packard Enterprise Co.. FPEI holds in its top three: Credit Agricole SA, 7.125% perp., USD, ING Groep, 7% perp., USD and Banco Bilbao (BBVA), 7.75% perp., USD.
Which ETF is more diversified: FCVT or FPEI?
FCVT holds 107 securities with 26.82% of its assets in the top 15. FPEI has 137 securities and a top 15 weight of 21.09%.
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Latest news about FCVT & FPEI
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