FPEIvsFPEETF Comparison
ETF 1
FPEI
First Trust Institutional Preferred Securities and Income ETF
This fund is part of
Multi-Asset: Other
-0.75%
VS
First Trust Institutional Preferred Securities and Income ETF (FPEI) and First Trust Preferred Securities and Income ETF (FPE) belong to the same industry segment: Multi-Asset: Other. FPEI's top 3 sector exposures are Finance, Utilities and Energy. In contrast, FPE's top sector exposures are Finance, Utilities and Telecommunications. FPEI is more expensive with a Total Expense Ratio (TER) of 0.85%, versus 0.83% for FPE. FPEI is up 1.43% year-to-date (YTD) with +$125M in YTD flows. FPE performs worse with -0.77% YTD performance, and -$112M in YTD flows. Run a side-by-side ETF comparison of FPEI and FPE 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 FPE 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 FPE | +0.34%-0.35% | -1.78%-3.06% | +1.43%-0.77% | +1.79%-1.09% | +29.84%+31.01% | +15.36%+8.83% |
| Flows | FPEI FPE | -$2M-$162M | -$6M-$242M | +$125M-$112M | +$167M-$10M | +$710M+$536M | +$1.42B-$449M |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | FPEI FPE | +2.82%+3.13% | +2.74%+3.00% | +2.91%+3.37% | +4.58%+5.38% |
| Max drawdown | FPEI FPE | -3.24%-3.90% | -3.24%-3.94% | -3.75%-4.02% | -16.50%-21.21% |
| Max drawdown duration | FPEI FPE | 81d85d | 81d102d | 67d92d | 974d1039d |
Trading data
FPEI | FPE | |
Last sale 10/30/2026 at 1:30 PM | $18.48 | $16.96 |
| Previous close 10/29/2026 | $18.48 | $16.97 |
| 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 | FPE | |
|---|---|---|
| Last price | $18.48 | $16.96 |
| 1D performance | +0.00% | -0.06% |
| AuM | $1.86 B | $5.81 B |
| E/R | 0.85% | 0.83% |
Characteristics
FPEI | FPE | |
|---|---|---|
| Management strategy | Active | Active |
| Provider | First Trust | First Trust |
| Benchmark | - | - |
| N° of holdings | 129 | 189 |
| Asset class | - | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | August 22, 2017 | February 11, 2013 |
| ESG | No | No |
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Exposure
Countries
FPEI
USA
34.21%
Canada
12.9%
United Kingdom
7.18%
Other
45.71%
FPE
USA
45.21%
Canada
9.9%
Other
44.89%
Sectors
FPEI
Finance
56.68%
Utilities
14.3%
Other
29.02%
FPE
Finance
58.26%
Utilities
14.5%
Other
27.23%
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Diversification
FPEI
Total weight of top 15 holdings out of 15
21.09%
FPE
Total weight of top 15 holdings out of 15
17.78%
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%
HSBC Holdings plc, 6.95% perp., USD
1.23%
JP Morgan, 6.875% perp., USD (NN)
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%
FPE
Wells Fargo & Co.
1.87%
Barclays, 8% perp., USD
1.72%
NextEra Energy Capital Holdings, 6.5% 1jun2085, USD (U)
1.30%
JP Morgan, 6.875% perp., USD (NN)
1.26%
Credit Agricole SA, 7.125% perp., USD
1.22%
Xcel Energy, 6.25% 15oct2085, USD
1.18%
Charles Schwab, 4% perp., USD (H)
1.12%
Goldman Sachs, 7.5% perp., USD (X)
1.09%
Bank of Montreal, 7.7% 26may2084, USD
1.05%
Corebridge Financial, 6.375% 15dec2064, USD
1.05%
Enstar Group Ltd.
1.04%
T-Mobile USA, 5.5% 1mar2070, USD
0.99%
AEGON Funding, 5.1% 15dec2049, USD
0.97%
Banco Santander, 9.625% perp., USD
0.96%
ING Groep, 7% perp., USD
0.96%
Frequently asked questions about FPEI and FPE
How have the FPEI and FPE ETFs performed in 2026?
As of October 29, 2026, FPEI is up 1.43% year-to-date (YTD), while FPE has lost -0.77%. That puts FPEI better performer ahead so far this year.
Which ETF is attracting more investor money: FPEI or FPE?
Year-to-date, the FPEI ETF saw +$125M in flows, compared to -$112M for FPE.
Which ETF is more volatile: FPEI or FPE?
Over the past year, FPEI had a volatility of 2.74%, while FPE experienced 3%.
Which ETF is bigger: FPEI or FPE?
As of October 29, 2026, FPEI holds $1.86 B in assets under management (AUM), while FPE manages $5.81 B.
What sectors do the FPEI and FPE ETFs invest in?
FPEI leans toward sectors like Finance and Utilities. Meanwhile, FPE focuses on Finance and Utilities.
What are the top holdings of the FPEI ETF and FPE 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. FPE holds in its top three: Wells Fargo & Co., Barclays, 8% perp., USD and NextEra Energy Capital Holdings, 6.5% 1jun2085, USD (U).
Which ETF is more diversified: FPEI or FPE?
FPEI holds 137 securities with 21.09% of its assets in the top 15. FPE has 404 securities and a top 15 weight of 17.78%.
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Latest news about FPEI & FPE
Benefits of diversification in a recessionary environment
September 27, 2022
FPE
Multi-Asset Class ETFs – minimize the stress of asset allocation
June 10, 2022
FPEI
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