FPEI: Traded Fund III First Trust Institutional Preferred Securities and Income ETF
About
FPEI was created on 2017-08-22 by First Trust. The fund's investment portfolio concentrates primarily on broad credit fixed income. FPEI is actively managed to provide current income and total return by investing in global institutional preferred and income-producing debt securities.
Current Value
$18.841 Year Return
Current Value
$18.841 Year Return
Key Details
Assets Under Management
$1.50B
Div Yield %
5.49%
P/E Ratio
-
Net Asset Value
$18.82
Expense Ratio
0.85%
1Y ETF Return
0.16%
Strategies that include FPEI
Stock's related to FPEI
Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| AHR | 33.28% | $4.30B | +134.17% | 2.69% |
| PINS | 30.78% | $20.07B | -5.95% | 0.00% |
| DV | 29.97% | $3.26B | -37.48% | 0.00% |
| DHR | 26.58% | $166.73B | +5.96% | 0.46% |
| OSW | 26.58% | $1.95B | +65.90% | 0.21% |
| SBSI | 26.57% | $1.07B | +25.26% | 4.11% |
| PWP | 26.55% | $1.45B | +124.87% | 1.11% |
| MEG | 26.55% | $564.59M | -47.13% | 0.00% |
| LBRT | 26.55% | $2.84B | -12.59% | 1.61% |
| RCEL | 26.54% | $321.96M | +27.43% | 0.00% |
| NECB | 26.54% | $415.57M | +76.37% | 1.37% |
| INTU | 26.52% | $180.56B | +14.58% | 0.58% |
| TPIC | 26.51% | $96.08M | -13.30% | 0.00% |
| SDRL | 26.51% | $2.74B | -4.48% | 0.00% |
| ING | 26.51% | $49.95B | +13.75% | 7.61% |
| KOP | 26.49% | $757.45M | -12.85% | 0.74% |
| SEM | 26.49% | $4.79B | +59.80% | 1.35% |
| SSYS | 26.49% | $647.34M | -15.06% | 0.00% |
| NET | 26.49% | $33.09B | +30.49% | 0.00% |
| MNRO | 26.48% | $842.48M | -1.81% | 4.03% |
Uncorrelated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| TRVG | 0.11% | $37.05M | -37.92% | 0.00% |
| CHD | 0.24% | $27.18B | +19.50% | 1.03% |
| TRV | 0.26% | $58.86B | +48.10% | 1.59% |
| NOC | 0.29% | $71.54B | +4.23% | 1.60% |
| QTTB | -0.38% | $354.34M | +188.64% | 0.00% |
| ODD | 0.61% | $2.30B | +12.19% | 0.00% |
| BTCT | -0.67% | $42.61M | +353.33% | 0.00% |
| NHTC | 0.68% | $61.83M | +0.19% | 14.81% |
| QNTM | 0.72% | $9.19M | -94.36% | 0.00% |
| COR | -0.73% | $47.48B | +21.20% | 0.86% |
| BACK | -0.74% | $1.76M | -32.90% | 0.00% |
| PRPH | 0.77% | $18.14M | -82.61% | 0.00% |
| CRVO | -0.88% | $83.20M | +2.86% | 0.00% |
| DOGZ | 0.94% | $614.77M | +1,372.26% | 0.00% |
| RLMD | 0.96% | $89.92M | +1.36% | 0.00% |
| ABEO | 1.18% | $256.04M | +41.25% | 0.00% |
| ZTO | -1.32% | $12.58B | -4.71% | 4.73% |
| PPC | -1.36% | $12.38B | +100.96% | 0.00% |
| CVS | 1.37% | $70.18B | -18.08% | 4.72% |
| ORKA | 1.38% | $780.47M | +82.82% | 0.00% |
Inversely Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| SRRK | -15.52% | $2.61B | +134.91% | 0.00% |
| DXYZ | -14.09% | - | - | 0.00% |
| NAPA | -12.45% | $1.63B | +9.61% | 0.00% |
| HUM | -11.61% | $33.45B | -45.22% | 1.25% |
| PRPO | -9.72% | $9.10M | -13.65% | 0.00% |
| NEUE | -9.27% | $40.93M | -34.13% | 0.00% |
| MCK | -9.05% | $78.15B | +35.51% | 0.42% |
| ALAR | -8.99% | $89.09M | +158.08% | 0.00% |
| CPSH | -7.43% | $20.70M | -40.13% | 0.00% |
| OCX | -7.27% | $42.93M | -36.09% | 0.00% |
| UUU | -6.78% | $4.97M | -41.89% | 0.00% |
| CBOE | -6.75% | $21.46B | +15.84% | 1.11% |
| OXBR | -6.66% | $19.05M | +178.18% | 0.00% |
| TEM | -6.57% | $8.50B | 0.00% | 0.00% |
| PGR | -6.41% | $149.10B | +57.29% | 0.45% |
| CME | -5.99% | $82.76B | +9.21% | 1.98% |
| ACGL | -5.76% | $36.00B | +16.84% | 0.00% |
| FDMT | -5.70% | $450.58M | -27.45% | 0.00% |
| IMNN | -5.37% | $10.02M | -22.89% | 0.00% |
| RNR | -4.75% | $13.74B | +23.09% | 0.58% |
ETF's related to FPEI
Uncorrelated ETFs
| Name | Correlation | AUM | Expense Ratio |
|---|---|---|---|
| CCOR | -0.75% | $109.04M | 1.18% |
| AGZD | 0.87% | $142.76M | 0.23% |
| BILZ | 1.19% | $563.02M | 0.14% |
| TBLL | -2.73% | $1.92B | 0.08% |
| DBO | -2.78% | $217.57M | 0.77% |
| EQLS | -3.06% | $76.08M | 1% |
| FMF | -3.08% | $244.61M | 0.95% |
| KRBN | 3.44% | $242.47M | 0.85% |
| DBMF | -3.65% | $1.02B | 0.85% |
| CSHI | 4.18% | $482.85M | 0.38% |
| DBE | -4.22% | $50.13M | 0.77% |
| CLOI | -4.33% | $715.40M | 0.4% |
| KCCA | 4.89% | $220.51M | 0.87% |
| DBA | 5.28% | $755.88M | 0.93% |
| CORN | 5.86% | $61.12M | 0.2% |
| JUCY | 6.42% | $324.29M | 0.6% |
| BSCO | 6.60% | $2.35B | 0.1% |
| HIGH | -6.88% | $302.78M | 0.51% |
| MINT | 7.15% | $11.62B | 0.35% |
| UNG | 7.59% | $908.80M | 1.06% |
Inversely Correlated ETFs
| Name | Correlation | AUM | Expense Ratio |
|---|---|---|---|
| BTAL | -40.78% | $388.04M | 1.43% |
| VIXY | -36.25% | $195.31M | 0.85% |
| USDU | -27.67% | $201.97M | 0.5% |
| CTA | -24.09% | $350.27M | 0.78% |
| UUP | -24.05% | $309.25M | 0.77% |
| HDRO | -14.96% | $164.26M | 0.3% |
| TAIL | -14.28% | $67.98M | 0.59% |
| KMLM | -9.86% | $353.87M | 0.9% |
| HIGH | -6.88% | $302.78M | 0.51% |
| CLOI | -4.33% | $715.40M | 0.4% |
| DBE | -4.22% | $50.13M | 0.77% |
| DBMF | -3.65% | $1.02B | 0.85% |
| FMF | -3.08% | $244.61M | 0.95% |
| EQLS | -3.06% | $76.08M | 1% |
| DBO | -2.78% | $217.57M | 0.77% |
| TBLL | -2.73% | $1.92B | 0.08% |
| CCOR | -0.75% | $109.04M | 1.18% |
| AGZD | 0.87% | $142.76M | 0.23% |
| BILZ | 1.19% | $563.02M | 0.14% |
| KRBN | 3.44% | $242.47M | 0.85% |
News
SeekingAlpha
Discover First Trust Institutional Preferred Securities and Income ETF, a high-yield ETF targeting institutional preferred securities. Click for more on FPEI.
SeekingAlpha
What To Expect From The Next Income Drawdown
SeekingAlpha
Preferreds offer high tax-adjusted yields for high-rate taxpayers and can act as drier-powder options. Explore more details here.
SeekingAlpha
Global X U.S. Preferred ETF has suffered from substandard, and often negative, second half returns. Check out the reasons why I rate PFFD as a strong sell.
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.