First Trust Institutional Preferred Securities and Income ETF (FPEI)
- Expense ratio0.83%
- Net assets$1.85B
- Dividend yield5.93%
- 1-year return0.00%
- Holdings7
FPEI ETF price chart
FPEI quote & trading statistics
FPEI performance
Annual returns & drawdowns →- YTD-0.90%
- 1 year0.00%
- 3 years+10.08%/yr
- 5 years+3.47%/yr
- 10 years0.00%/yr
- 1Y volatility
- 4.24%
- 3Y volatility
- 4.97%
- 3Y Sharpe ratio
- 0.90
Returns include reinvested distributions; 3-, 5- and 10-year figures are annualized.
FPEI top 7 holdings
| # | Symbol | Name | Weight |
|---|---|---|---|
| 1 | US808513BJ38 | SCHW 4 | 1.42% |
| 2 | WFC.PL | Wells Fargo & Company | 1.02% |
| 3 | US95002YAA10 | WELLS FARGO 23/UND. FLR | 0.65% |
| 4 | US693475BP99 | PNC 6.25 | 0.44% |
| 5 | US38141GA385 | GOLDM.S.GRP 23/UND. FLR | 0.22% |
| 6 | US929089AG55 | US929089AG55 | 0.04% |
| 7 | US61762VAA98 | US61762VAA98 | 0.04% |
The top 7 holdings make up 3.8% of the fund (7 holdings in total). As of October 25, 2026.
About First Trust Institutional Preferred Securities and Income ETF
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. The fund's investments in preferred securities will primarily be in institutional preferred securities.
FPEI ETF FAQ
What is the FPEI expense ratio?
First Trust Institutional Preferred Securities and Income ETF has a net expense ratio of 0.83%, or $83.00 a year for every $10,000 invested.
How much money is in FPEI?
First Trust Institutional Preferred Securities and Income ETF has about $1.85B in net assets.
What are the top holdings of FPEI?
The largest positions in FPEI are SCHW 4 (1.42%), Wells Fargo & Company (1.02%), WELLS FARGO 23/UND. FLR (0.65%). The fund holds 7 securities in total.
How has FPEI performed?
FPEI returned 0.00% over the past year and +3.47% a year over the past five years, including reinvested distributions.
Does FPEI pay dividends?
FPEI has a dividend yield of 5.93%.
When was FPEI launched?
First Trust Institutional Preferred Securities and Income ETF began trading on August 22, 2017.