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FPEI
+0.24 · +1.24%
$19.45 · NYSE ARCA

First Trust Institutional Preferred Securities and Income ETF (FPEI) ETF Analysis | Preferred Stock

First Trust · USA
AUM:$1.9B
#– of – in Preferred Stock ETFs

Educational tool only – Figures are based on historical data, holdings and expense metrics for informational purposes. This is not financial advice or a recommendation to buy or sell any security. Always conduct your own research or consult a qualified financial adviser.

Market Performance

Up 10.2% over the past year, showing positive momentum.

Cost Efficiency

Ongoing charge of 0.85% — above average for this category.

What is FPEI?

The fund under normal market conditions, invests at least 80% of its net assets (including investment borrowings) in institutional preferred securities and income-producing debt securities. Preferred securities are a type of equity security that have preference over common stock in the payment of distributions and the liquidation of a company's assets, but are generally junior to all forms of the company's debt, including both senior and subordinated debt.

Performance Highlights

Returns (%)
Cost & Yield (%)

Investment Breakdown

Positive 1-Year Return
FPEI returned 10.2% over the past year. Historical returns only — past performance is not indicative of future results.
Higher Cost Profile
Expense ratio of 0.85% is above average. Verify whether the strategy justifies the cost.
Broadly Diversified
Top 10 holdings represent just 3.8% of the ETF — exposure spread across many positions.
ETF Information
AUM$1.9B
Expense Ratio0.85%
Dividend Yield5.62%
Holdings3
Inception DateAug 2017
Domicile–
Distribution–
Index–
ProviderFirst Trust
Beta0.39
CategoryPreferred Stock
CurrencyUSD
Portfolio Impact

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6168
+7 points · better diversified

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Compare Equity
Uses ISF.L (iShares FTSE 100 ETF)
Indicators

Performance Metrics

Historical returns

6M
-1.9%
1Y
+3.0%
3Y
+29.8%
5Y
+18.9%
OpenBook InsightIf you had invested £10,000 in FPEI 5 years ago, it would have grown to £11,890 — a gain of £1,890.

Annual Returns

Calendar year performance

FPEI delivered positive returns in 3 of the last 5 calendar years.
YearFPEI
2026 YTD-0.8%
2025+10.2%
2024+11.2%
2023+5.9%
2022-8.3%
CAGR 4yr+4.4%
3/5 positive yearsAvg return: +3.6%Worst year: -8.3% (2022)

Technical Analysis Summary

Automated insights from historical price action and indicators

Technical Regime: NEGATIVE
Trend Strength
0%
Negative
Volatility
3.0%
Low
Momentum
-1.2%
30-day change
Support Level
19.02
Key floor
Key Insights
  • Price is currently below all major moving averages, indicating a weaker trend profile.
  • Price is consolidating, with low momentum over the recent period.
  • Low volatility environment with a narrower recent trading range.
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