FPEIvsFCVTETF Comparison
ETF 1
FPEI
First Trust Institutional Preferred Securities and Income ETF
This fund is part of
Multi-Asset: Other
-0.14%
VS
ETF 2
FCVT
First Trust SSI Strategic Convertible Securities ETF
This fund is part of
Convertible Bonds
-0.27%
First Trust Institutional Preferred Securities and Income ETF (FPEI) belongs to the Multi-Asset: Other segment. First Trust SSI Strategic Convertible Securities ETF (FCVT) is part of the Convertible Bonds segment. FPEI's top 3 sector exposures are Finance, Utilities and Energy. In contrast, FCVT's top sector exposures are Technology, Healthcare and Finance. FPEI is less expensive with a Total Expense Ratio (TER) of 0.85%, versus 0.95% for FCVT. FPEI is up 1.43% year-to-date (YTD) with +$125M in YTD flows. FCVT performs better with 8.06% YTD performance, and -$23M in YTD flows. Run a side-by-side ETF comparison of FPEI and FCVT 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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FPEI vs FCVT performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 10/29/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | FPEI FCVT | +0.34%-6.35% | -1.78%-2.19% | +1.43%+8.06% | +1.79%+4.68% | +29.84%+63.89% | +15.36%+17.84% |
| Flows | FPEI FCVT | -$2M-$12M | -$6M-$12M | +$125M-$23M | +$167M-$38M | +$710M-$40M | +$1.42B-$148M |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | FPEI FCVT | +2.82%+21.36% | +2.74%+20.63% | +2.91%+15.63% | +4.58%+15.38% |
| Max drawdown | FPEI FCVT | -3.24%-13.71% | -3.24%-17.19% | -3.75%-17.19% | -16.50%-30.12% |
| Max drawdown duration | FPEI FCVT | 81d73d | 81d133d | 67d133d | 974d1396d |
Trading data
FPEI | FCVT | |
Last sale 10/30/2026 at 1:30 PM | $18.48 | $44.94 |
| Previous close 10/29/2026 | $18.48 | $46.10 |
| Consolidated volume 10/29/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
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Main metrics
Last update 10/30/2026 at 1:30 PM
Live
Closed
FPEI | FCVT | |
|---|---|---|
| Last price | $18.48 | $44.94 |
| 1D performance | +0.00% | -2.51% |
| AuM | $1.86 B | $80.63 M |
| E/R | 0.85% | 0.95% |
Characteristics
FPEI | FCVT | |
|---|---|---|
| Management strategy | Active | Active |
| Provider | First Trust | First Trust |
| Benchmark | - | - |
| N° of holdings | 129 | 94 |
| Asset class | - | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | August 22, 2017 | November 3, 2015 |
| ESG | No | No |
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Exposure
Countries
FPEI
USA
34.21%
Canada
12.9%
United Kingdom
7.18%
Other
45.71%
FCVT
USA
65.53%
Other
34.47%
Sectors
FPEI
Finance
56.68%
Utilities
14.3%
Other
29.02%
FCVT
Technology
29.32%
Healthcare
11.58%
Finance
10.59%
Industrials
9.6%
Other
38.91%
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Diversification
FPEI
Total weight of top 15 holdings out of 15
21.09%
FCVT
Total weight of top 15 holdings out of 15
26.82%
Top 15 holdings
Data as of September 30, 2026
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%
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%
US55024UAK51
1.52%
ON Semiconductor, 0.5% 1mar2029, USD (Conv.)
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%
Frequently asked questions about FPEI and FCVT
How have the FPEI and FCVT ETFs performed in 2026?
As of October 29, 2026, FPEI is up 1.43% year-to-date (YTD), while FCVT has returned 8.06%. That puts FCVT better performer ahead so far this year.
Which ETF is attracting more investor money: FPEI or FCVT?
Year-to-date, the FPEI ETF saw +$125M in flows, compared to -$23M for FCVT.
Which ETF is more volatile: FPEI or FCVT?
Over the past year, FPEI had a volatility of 2.74%, while FCVT experienced 20.63%.
Which ETF is bigger: FPEI or FCVT?
As of October 29, 2026, FPEI holds $1.86 B in assets under management (AUM), while FCVT manages $80.63 M.
What sectors do the FPEI and FCVT ETFs invest in?
FPEI leans toward sectors like Finance and Utilities. Meanwhile, FCVT focuses on Technology, Healthcare and Finance.
What are the top holdings of the FPEI ETF and FCVT ETF?
FPEI top holdings include Credit Agricole SA, 7.125% perp., USD, ING Groep, 7% perp., USD and Banco Bilbao (BBVA), 7.75% perp., USD. FCVT holds in its top three: Nebius, 1.25% 15mar2031, USD (Conv.), The Boeing Co. and Hewlett Packard Enterprise Co..
Which ETF is more diversified: FPEI or FCVT?
FPEI holds 137 securities with 21.09% of its assets in the top 15. FCVT has 107 securities and a top 15 weight of 26.82%.
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Latest news about FPEI & FCVT
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