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FPFDvsKORPETF Comparison

ETF 1
FPFD

Fidelity Preferred Securities & Income ETF

This fund is part of
Multi-Asset: Other
+0.22%
VS
ETF 2
KORP

American Century Diversified Corporate Bond ETF

This fund is part of
US Aggregate Bonds
+0.06%

Fidelity Preferred Securities & Income ETF (FPFD) belongs to the Multi-Asset: Other segment. American Century Diversified Corporate Bond ETF (KORP) is part of the US Aggregate Bonds segment. FPFD's top 3 sector exposures are Finance, Utilities and Energy. In contrast, KORP's top sector exposures are Finance, Utilities and Technology. FPFD is more expensive with a Total Expense Ratio (TER) of 0.59%, versus 0.29% for KORP. FPFD is up 0.47% year-to-date (YTD) with +$6M in YTD flows. KORP performs worse with -0.36% YTD performance, and +$309M in YTD flows. Run a side-by-side ETF comparison of FPFD and KORP 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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FPFD vs KORP performance and flow charts

Performance

-0.6-0.4-0.20.00.20.40.6%Aug 3Aug 10Aug 17Aug 24Aug 31

Cumulative Flows

-5 M0 M5 M10 M15 M20 M25 M30 MAug 3Aug 10Aug 17Aug 24Aug 31

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Historic performance and flows
Data as of 09/02/2026
1M3MYTD1Y3Y5Y
Perf.
FPFD
KORP
-0.48%-0.10%
-0.75%-1.14%
+0.47%-0.36%
+2.36%+2.35%
+22.84%+17.49%
+6.54%+7.03%
Flows
FPFD
KORP
-$1M+$30M
-$2M+$129M
+$6M+$309M
+$18M+$385M
+$47M+$725M
+$80M+$808M
Volatility and drawdown
3M1Y3Y5Y
Volatility
FPFD
KORP
+2.44%+3.94%
+2.66%+3.92%
+3.53%+4.89%
+5.21%+5.13%
Max drawdown
FPFD
KORP
-1.04%-2.06%
-2.64%-3.06%
-4.91%-4.89%
-20.48%-14.73%
Max drawdown duration
FPFD
KORP
58d64d
189d190d
257d280d
1080d1052d
Trading data

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FPFD
KORP
Last sale
9/3/2026 at 1:30 PM
$21.11
$45.84
Previous close
09/02/2026
$21.10
$45.75
Consolidated volume
09/02/2026
Average volume
30 days
Average discount or premium
30 days
Average Bid/Ask spread
30 days
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Main metrics
Last update 9/3/2026 at 1:30 PM
Live
Closed
FPFD
KORP
Last price
$21.11
$45.84
1D performance
+0.05%
+0.21%
AuM$79.15 M$923.98 M
E/R0.59%0.29%
Characteristics
FPFD
KORP
Management strategyActiveActive
ProviderFidelityAmerican Century Investments
Benchmark--
N° of holdings263334
Asset class--
Trailing 12m distribution yield
Join
Join
Inception dateJune 15, 2021January 11, 2018
ESGNoNo
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Exposure

Countries

FPFD
USA
81.06%
Other
18.94%
KORP
USA
73.98%
Other
26.02%

Sectors

FPFD
Finance
52.15%
Utilities
15.92%
Energy
13.37%
Other
18.56%
KORP
Finance
42.49%
Utilities
10.29%
Technology
8.28%
Other
38.94%

Diversification

FPFD

Total weight of top 15 holdings out of 15

26.25%
KORP

Total weight of top 15 holdings out of 15

10.21%

Top 15 holdings

Data as of July 31, 2026
FPFD
Fidelity Cash Central Fund
5.67%
Energy Transfer, 6.625% perp., USD (B)
4.48%
Enbridge, 8.5% 15jan2084, USD (2023-B)
2.20%
Energy Transfer, 6.55% 15jan2057, USD (2026A)
1.49%
Goldman Sachs, 4.125% perp., USD (V)
1.36%
Southern Co., 4.2% 15oct2060, USD (2020C)
1.35%
Morgan Stanley
1.24%
JP Morgan, 4% perp., USD (II)
1.24%
BNP Paribas, 6.875% perp., USD
1.17%
PNC Financial Services Group, 3.4% perp., USD (T)
1.16%
Citigroup, 6.75% perp., USD (EE)
1.00%
U.S. Bancorp, 3.7% perp., USD (N)
1.00%
AT&T, Inc.
0.97%
Strategy, Inc.
0.96%
Sunoco LP, 7.875% perp., USD (A)
0.96%
KORP
Morgan Stanley, 4.809% 16apr2032, USD (I)
1.04%
JP Morgan, 5.148% 23apr2037, USD
1.00%
Meta Platforms, 5.625% 15nov2055, USD
0.79%
Bank of America Corporation, 5.489% 23apr2037, USD (N)
0.76%
Oracle, 5.7% 4feb2036, USD
0.74%
Wells Fargo, 6.491% 23oct2034, USD (W)
0.71%
Duke Energy Progress LLC, 5.35% 15mar2053, USD
0.69%
Morgan Stanley Private Bank, 4.734% 18jul2031, USD (A)
0.66%
Flowserve, 5.7% 15may2036, USD
0.63%
Xcel Energy, 5.6% 15apr2035, USD
0.57%
Cox Communications, 5.7% 15jun2033, USD
0.56%
Alphabet, 5.65% 15feb2056, USD
0.52%
USA, Notes 3.625% 31aug2027, USD (BG-2027)
0.52%
FedEx Freight Holding Co., 5.25% 15mar2036, USD
0.52%
Commonwealth Edison, 5.95% 1jun2055, USD (138)
0.50%
Frequently asked questions about FPFD and KORP

How have the FPFD and KORP ETFs performed in 2026?

As of September 2, 2026, FPFD is up 0.47% year-to-date (YTD), while KORP has lost -0.36%. That puts FPFD better performer ahead so far this year.

Which ETF is attracting more investor money: FPFD or KORP?

Year-to-date, the FPFD ETF saw +$6M in flows, compared to +$309M for KORP.

Which ETF is more volatile: FPFD or KORP?

Over the past year, FPFD had a volatility of 2.66%, while KORP experienced 3.92%.

Which ETF is bigger: FPFD or KORP?

As of September 2, 2026, FPFD holds $79.15 M in assets under management (AUM), while KORP manages $923.98 M.

What sectors do the FPFD and KORP ETFs invest in?

FPFD leans toward sectors like Finance, Utilities and Energy. Meanwhile, KORP focuses on Finance, Utilities and Technology.

What are the top holdings of the FPFD ETF and KORP ETF?

FPFD top holdings include Fidelity Cash Central Fund, Energy Transfer, 6.625% perp., USD (B) and Enbridge, 8.5% 15jan2084, USD (2023-B). KORP holds in its top three: Morgan Stanley, 4.809% 16apr2032, USD (I), JP Morgan, 5.148% 23apr2037, USD and Meta Platforms, 5.625% 15nov2055, USD.

Which ETF is more diversified: FPFD or KORP?

FPFD holds 332 securities with 26.25% of its assets in the top 15. KORP has 336 securities and a top 15 weight of 10.21%.

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