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FPEIvsIALTETF Comparison

ETF 1

FPEI

First Trust Institutional Preferred Securities and Income ETF

This fund is part of

Multi-Asset: Other

-0.75%

Full FPEI fund page

VS

ETF 2

IALT

iShares Systematic Alternatives Active ETF

This fund is part of

Multi-Asset: Other

-0.75%

Full IALT fund page

First Trust Institutional Preferred Securities and Income ETF (FPEI) and iShares Systematic Alternatives Active ETF (IALT) belong to the same industry segment: Multi-Asset: Other. FPEI's top 3 sector exposures are Finance, Utilities and Energy. FPEI is less expensive with a Total Expense Ratio (TER) of 0.85%, versus 0.99% for IALT. FPEI is up 1.43% year-to-date (YTD) with +$125M in YTD flows. IALT performs better with 17% YTD performance, and +$7.58B in YTD flows. Run a side-by-side ETF comparison of FPEI and IALT 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 IALT performance and flow charts

Performance

Cumulative Flows

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Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Data Services

Historic performance and flows

Data as of 10/29/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	FPEI IALT	+0.34%-0.78%	-1.78%+3.73%	+1.43%+17.00%	+1.79%n/a	+29.84%n/a	+15.36%n/a
Flows	FPEI IALT	-$2M+$977M	-$6M+$2.45B	+$125M+$7.58B	+$167M-	+$710M-	+$1.42B-

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	FPEI IALT	+2.82%+5.48%	+2.74%n/a	+2.91%n/a	+4.58%n/a
Max drawdown	FPEI IALT	-3.24%-1.82%	-3.24%n/a	-3.75%n/a	-16.50%n/a
Max drawdown duration	FPEI IALT	81d2d	81dn/a	67dn/a	974dn/a

Trading data

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	FPEI	IALT
Last sale 10/30/2026 at 1:30 PM	$18.48	$29.47
Previous close 10/29/2026	$18.48	$29.95
Consolidated volume 10/29/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Main metrics

Last update 10/30/2026 at 1:30 PM

Live

Closed

	FPEI	IALT
Last price	$18.48	$29.47
1D performance	+0.00%	-1.60%
AuM	$1.86 B	$7.87 B
E/R	0.85%	0.99%

Characteristics

	FPEI	IALT
Management strategy	Active	Active
Provider	First Trust	iShares
Benchmark	-	-
N° of holdings	129	-
Asset class	-	-
Trailing 12m distribution yield	Join	Join
Inception date	August 22, 2017	December 10, 2025
ESG	No	No

More FPEI data on Trackinsight

More IALT data on Trackinsight

Exposure

Countries

FPEI

USA

34.21%

Canada

12.9%

United Kingdom

7.18%

Other

45.71%

IALT

Data will be available soon

Sectors

FPEI

Finance

56.68%

Utilities

14.3%

Other

29.02%

IALT

Data will be available soon

Diversification

FPEI

Total weight of top 15 holdings out of 15

21.09%

IALT

Data will be available soon

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%

IALT

Data will be available soon

Frequently asked questions about FPEI and IALT

How have the FPEI and IALT ETFs performed in 2026?

As of October 29, 2026, FPEI is up 1.43% year-to-date (YTD), while IALT has returned 17%. That puts IALT better performer ahead so far this year.

Which ETF is attracting more investor money: FPEI or IALT?

Year-to-date, the FPEI ETF saw +$125M in flows, compared to +$7.58B for IALT.

Which ETF is bigger: FPEI or IALT?

As of October 29, 2026, FPEI holds $1.86 B in assets under management (AUM), while IALT manages $7.87 B.

Multi-Asset Class ETFs – minimize the stress of asset allocation

June 10, 2022

FPEI

FPEIvsIALTETF Comparison

First Trust Institutional Preferred Securities and Income ETF

iShares Systematic Alternatives Active ETF

FPEI vs IALT performance and flow charts

Performance

Cumulative Flows

Get all the metrics on this page, and more, through a reliable ETF data feed

Countries

Sectors

Diversification

Top 15 holdings

How have the FPEI and IALT ETFs performed in 2026?

As of October 29, 2026, FPEI is up 1.43% year-to-date (YTD), while IALT has returned 17%. That puts IALT better performer ahead so far this year.

Which ETF is attracting more investor money: FPEI or IALT?

Year-to-date, the FPEI ETF saw +$125M in flows, compared to +$7.58B for IALT.

Which ETF is bigger: FPEI or IALT?

As of October 29, 2026, FPEI holds $1.86 B in assets under management (AUM), while IALT manages $7.87 B.

Multi-Asset Class ETFs – minimize the stress of asset allocation

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