FPE

First Trust Preferred Securities & Income ETF

The First Trust Preferred Securities and Income ETF is an actively managed fund that attempts to generate income by investing globally in preferred equities and income producing debt across the market cap spectrum.

Preferred Stock

FIXED INCOME

Active

MANAGEMENT STYLE

5.7 B

ASSETS UNDER MGMT

85 bp

EXPENSES
Fund Basics
Fund sponsorFirst Trust
CategoryPreferred Stock
Asset classFixed Income
Websitelink...
Inception dateFeb 11, 2013
Assets (mns)$5,704
Expense ratio85 bp
Fund Structure
RegulationOpen-Ended Fund
DistributionsMonthly
Taxation1099
Derivatives-basedNo
Options availableYes
Currency hedgedNo
Fund of fundsNo
Asset Allocation
Historical Performance
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Standardized Performance (as of 05/30/2025)
 YTD1 YR2 YR3 YR5 YR10 YR20 YRIncep.
Price Returns -0.9% 1.7% 5.3% -1.2% -1.0% -0.9% -- -1.1%
Dividend Yield 1.4% 5.0% 5.8% 5.7% 5.3% 5.6% -- 5.5%
Total Returns 0.5% 6.7% 11.1% 4.5% 4.3% 4.7% -- 4.5%
Ann. Volatility 7.2% 5.5% 5.4% 7.8% 6.9% 10.2% -- 9.5%
Market Correlations
versus...BetaR-squared
S&P 5000.3939%
MSCI EAFE0.3840%
MSCI Emg Mkts0.3330%
Liquidity Measures
Avg. volume (000)1,165
ADV traded (mns)$20
Turnover0.4%
Avg. Bid/Ask (% of price)0.06%
Technical Indicators
Recent close$17.54
30d moving avg.$17.39
Annualized volatility10.4%
Relative strength (RSI)53
Short interest0.2%
Distributions
Assets Under Management (mns)

Money Flows (mns)

Short Interest (as % of shares outstanding)

Long Money Flows (mns)

Expense Analysis

Peer Group Active
Preferred Stock Fixed Income ETFs
# of ETFs 7
Avg. Expense Ratio 83.4 bp
Std. Deviation 36.1 bp
FPE (85 bp) Percentile rank 52
Peer Group Expense Ratio Distribution


Total Cost of Ownership (TCO) Comparison
Expense (bp)
(A)		 Avg. Bid/Ask (bp)
(B)		 TCO (bp)
(A)+(B)
FPE 85.0 6.3 91.3
Peer Avg. 58.2 24.1 82.3
  For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .