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FTCEvsPBPETF Comparison

ETF 1

FTCE

First Trust New Constructs Core Earnings Leaders ETF

This fund is part of

US Large Cap

-0.26%

Full FTCE fund page

VS

ETF 2

PBP

Invesco S&P 500 BuyWrite ETF

This fund is part of

Options Strategies

-0.07%

Full PBP fund page

First Trust New Constructs Core Earnings Leaders ETF (FTCE) belongs to the US Large Cap segment. Invesco S&P 500 BuyWrite ETF (PBP) is part of the Options Strategies segment. FTCE's top 3 sector exposures are Technology, Finance and Healthcare. In contrast, PBP's top sector exposures are Technology, Finance and Consumer Non-Cyclicals. FTCE is more expensive with a Total Expense Ratio (TER) of 0.6%, versus 0.29% for PBP. FTCE is up 11.76% year-to-date (YTD) with +$22M in YTD flows. PBP performs worse with 9% YTD performance, and +$22M in YTD flows. Run a side-by-side ETF comparison of FTCE and PBP 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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FTCE vs PBP 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 08/05/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	FTCE PBP	+0.46%+2.14%	+6.98%+5.65%	+11.76%+9.00%	+26.12%+19.16%	n/a+41.53%	n/a+49.04%
Flows	FTCE PBP	+$2M+$9M	+$7M+$13M	+$22M+$22M	+$25M+$56M	-+$247M	-+$182M

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	FTCE PBP	+14.59%+6.94%	+13.77%+7.26%	n/a+10.37%	n/a+11.36%
Max drawdown	FTCE PBP	-6.63%-2.03%	-10.12%-5.24%	n/a-15.51%	n/a-18.35%
Max drawdown duration	FTCE PBP	64d8d	91d63d	n/a240d	n/a679d

Trading data

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	FTCE	PBP
Last sale 8/6/2026 at 1:46 PM	$27.44	$23.33
Previous close 08/05/2026	$27.70	$23.30
Consolidated volume 08/05/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of July 31, 2026

1-year trailing difference

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	FTCE	PBP
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 8/6/2026 at 1:46 PM

Live

Closed

	FTCE	PBP
Last price	$27.44	$23.33
1D performance	-0.94%	+0.13%
AuM	$85.83 M	$361.10 M
E/R	0.6%	0.29%

Characteristics

	FTCE	PBP
Management strategy	Passive	Passive
Provider	First Trust	Invesco
Benchmark	Bloomberg New Constructs Core Earnings Leaders Index	CBOE S&P 500 BuyWrite Index
N° of holdings	100	497
Asset class	-	Alternative
Trailing 12m distribution yield	Join	Join
Inception date	October 3, 2024	December 20, 2007
ESG	No	No

More FTCE data on Trackinsight

More PBP data on Trackinsight

Exposure

Countries

FTCE

USA

94.67%

Other

5.33%

PBP

USA

98%

Other

2%

Sectors

FTCE

Technology

44.48%

Finance

12.65%

Healthcare

9.1%

Consumer Services

7.72%

Other

26.05%

PBP

Technology

45.06%

Finance

13.55%

Consumer Non-Cycl.

9.02%

Healthcare

9%

Industrials

7.93%

Other

15.44%

Diversification

FTCE

Total weight of top 15 holdings out of 15

49.55%

PBP

Total weight of top 15 holdings out of 15

42.81%

Top 15 holdings

Data as of June 30, 2026

FTCE

International Business Machines Corp.

4.59%

Seagate Technology Holdings Plc

4.37%

QUALCOMM, Inc.

4.26%

Meta Platforms, Inc.

4.17%

CrowdStrike Holdings, Inc.

4.15%

Eli Lilly & Co.

4.06%

JPMorgan Chase & Co.

3.63%

Starbucks Corp.

3.44%

Booking Holdings, Inc.

2.97%

Applovin Corp.

2.86%

Visa, Inc.

2.42%

ServiceNow, Inc.

2.41%

Cadence Design Systems, Inc.

2.25%

General Motors Co.

1.99%

PepsiCo, Inc.

1.98%

PBP

NVIDIA Corp.

7.41%

Apple, Inc.

6.62%

Microsoft Corp.

4.40%

Amazon.com, Inc.

3.62%

Alphabet, Inc.

3.14%

Broadcom Inc.

2.75%

Alphabet, Inc.

2.51%

Micron Technology, Inc.

2.03%

Meta Platforms, Inc.

1.92%

Tesla, Inc.

1.70%

Eli Lilly & Co.

1.52%

Berkshire Hathaway, Inc.

1.45%

JPMorgan Chase & Co.

1.40%

Advanced Micro Devices, Inc.

1.35%

Johnson & Johnson

0.97%

Frequently asked questions about FTCE and PBP

How have the FTCE and PBP ETFs performed in 2026?

As of August 5, 2026, FTCE is up 11.76% year-to-date (YTD), while PBP has returned 9%. That puts FTCE better performer ahead so far this year.

Which ETF is attracting more investor money: FTCE or PBP?

Year-to-date, the FTCE ETF saw +$22M in flows, compared to +$22M for PBP.

Which ETF is more volatile: FTCE or PBP?

Over the past year, FTCE had a volatility of 13.77%, while PBP experienced 7.26%.

Which ETF is bigger: FTCE or PBP?

As of August 5, 2026, FTCE holds $85.83 M in assets under management (AUM), while PBP manages $361.10 M.

What sectors do the FTCE and PBP ETFs invest in?

FTCE leans toward sectors like Technology, Finance and Healthcare. Meanwhile, PBP focuses on Technology, Finance and Consumer Non-Cyclicals.

What are the top holdings of the FTCE ETF and PBP ETF?

FTCE top holdings include International Business Machines Corp., Seagate Technology Holdings Plc and QUALCOMM, Inc.. PBP holds in its top three: NVIDIA Corp., Apple, Inc. and Microsoft Corp..

Which ETF is more diversified: FTCE or PBP?

FTCE holds 101 securities with 49.55% of its assets in the top 15. PBP has 504 securities and a top 15 weight of 42.81%.

Options Strategies in ETFs, Part 1: A Grand Overview

November 1, 2023

PBP

FTCEvsPBPETF Comparison

First Trust New Constructs Core Earnings Leaders ETF

Invesco S&P 500 BuyWrite ETF

FTCE vs PBP 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 FTCE and PBP ETFs performed in 2026?

As of August 5, 2026, FTCE is up 11.76% year-to-date (YTD), while PBP has returned 9%. That puts FTCE better performer ahead so far this year.

Which ETF is attracting more investor money: FTCE or PBP?

Year-to-date, the FTCE ETF saw +$22M in flows, compared to +$22M for PBP.

Which ETF is more volatile: FTCE or PBP?

Over the past year, FTCE had a volatility of 13.77%, while PBP experienced 7.26%.

Which ETF is bigger: FTCE or PBP?

As of August 5, 2026, FTCE holds $85.83 M in assets under management (AUM), while PBP manages $361.10 M.

What sectors do the FTCE and PBP ETFs invest in?

FTCE leans toward sectors like Technology, Finance and Healthcare. Meanwhile, PBP focuses on Technology, Finance and Consumer Non-Cyclicals.

What are the top holdings of the FTCE ETF and PBP ETF?

FTCE top holdings include International Business Machines Corp., Seagate Technology Holdings Plc and QUALCOMM, Inc.. PBP holds in its top three: NVIDIA Corp., Apple, Inc. and Microsoft Corp..

Which ETF is more diversified: FTCE or PBP?

FTCE holds 101 securities with 49.55% of its assets in the top 15. PBP has 504 securities and a top 15 weight of 42.81%.

Options Strategies in ETFs, Part 1: A Grand Overview

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