VS

Correlation: 12.3%

What is AGZD?

AGZD was created on 2013-12-18 by WisdomTree. The fund's investment portfolio concentrates primarily on investment grade fixed income. The ETF currently has 131.86m in AUM and 1680 holdings. AGZD tracks a long/short net-zero-duration bond index that's long US investment-grade issues and short Treasury futures.

What is FPEI?

FPEI was created on 2017-08-22 by First Trust. The fund's investment portfolio concentrates primarily on broad credit fixed income. The ETF currently has 1487.83m in AUM and 164 holdings. FPEI is actively managed to provide current income and total return by investing in global institutional preferred and income-producing debt securities.

Key Details

AGZD
FPEI
Website
www.wisdomtree.com
www.ftportfolios.com
Inception Date

Dec 18, 2013

Aug 22, 2017

Asset Class

Fixed Income

Fixed Income

Investment Segment

Investment Grade

Broad Credit

AUM
$128.58M
$1.49B
Dividend Yield
4.13%
5.27%
Expense Ratio
0.23%
0.85%
Return 1Y
3.97%
8.32%

Holdings

Strategies that include

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Stock Correlation

ETF Correlation

The ETFs that are correlated to FPEI - Traded Fund III First Trust Institutional Preferred Securities and Income ETF are HYLS, FPE, FALN, YYY, BBHY

Name
Correlation
AUM
Expense Ratio
H
HYLSTraded Fund III First Trust Tactical High Yield ETF
81.46%$1.62B1.02%
F
FPETraded Fund III First Trust Preferred Securities and Income ETF
80.37%$5.56B0.85%
F
FALNiShares Fallen Angels USD Bond ETF
78.23%$1.74B0.25%
Y
YYYAmplify High Income ETF
77.76%$497.19M3.25%
B
BBHYTraded Fund Trust JPMorgan BetaBuilders USD High Yield Corporate Bond ETF
77.68%$460.53M0.07%
H
HYGVFlexShares High Yield Value Scored Bond Index ETF
77.49%$1.28B0.37%
H
HYDBiShares High Yield Systematic Bond ETF
77.38%$1.56B0.35%
U
USHYiShares Broad USD High Yield Corporate Bond ETF
76.45%$19.99B0.08%
J
JNKSPDR Bloomberg High Yield Bond ETF
75.73%$5.69B0.4%
I
IBHGiShares iBonds 2027 Term High Yield and Income ETF
75.51%$266.90M0.35%
H
HYLBXtrackers USD High Yield Corporate Bond ETF
75.24%$3.32B0.05%
P
PCEFInvesco CEF Income Composite ETF
75.20%$718.09M3.07%
S
SJNKSPDR Bloomberg Short Term High Yield Bond ETF
75.13%$3.95B0.4%
P
PHBInvesco Fundamental High Yield Corporate Bond ETF
75.09%$318.85M0.5%
P
PFXFVanEck Preferred Securities ex Financials ETF
74.75%$1.69B0.4%
A
ANGLVanEck Fallen Angel High Yield Bond ETF
74.69%$2.77B0.25%
H
HYGiShares iBoxx USD High Yield Corporate Bond ETF
74.44%$14.54B0.49%
S
SCYBSchwab High Yield Bond ETF
74.37%$986.37M0.03%
S
SPHYSPDR Portfolio High Yield Bond ETF
74.28%$7.50B0.05%
S
SHYGiShares 0 5 Year High Yield Corporate Bond ETF
74.27%$5.74B0.3%

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After putting in its best year of performance since the financial crisis, can preferred shares continue to run higher in 2025? TD Asset Management's James Hunter shares his views.

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Strength in the services sector and corporate investment from mega-cap tech firms helped power better-than-expected economic growth in 2024.

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Against a nearly ideal backdrop for growth, there are an array of factors to credit for the gains experienced by preferred securities over the last year. Click to read.

Disclaimer

Information on this page is obtained from our data provider, Xignite, an unaffiliated third party. Double believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate. We also show information based on calculations performed by Double using data from our provider. Double believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.

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