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ETF comparison

FPE vs PFF

Both Preferred Securities.

First Trust Preferred Securities and Income ETF · iShares Preferred and Income Securities ETF

Holdings overlap

Weighted by ISIN/CUSIP
14.7 %

101 positions appear in both funds. Buying equal dollars of FPE and PFF would leave roughly 14.7% of each dollar exposed to the same underlying securities.

FPE only 84.1% Shared 14.7% PFF only 83.8%
In FPE only
158 positions
Shared
101 positions
In PFF only
354 positions

Side by side

FPE

First Trust Preferred Securities and Income ETF

First Trust · Preferred Securities

56 composite / 100
Expense ratio
0.83%
Net assets
$6.32B
TTM yield
5.93%
Top-10 conc.
14.9%
PFF

iShares Preferred and Income Securities ETF

iShares · Preferred Securities

73 composite / 100
Expense ratio
0.45%
Net assets
$13.10B
TTM yield
5.48%
Top-10 conc.
18.4%

Sub-score comparison

17
Cost
55
61
Tax efficiency
62
91
Liquidity
100
93
Concentration
88
—
Tracking quality
—
FPE sub-score PFF

Tracking quality isn't part of the composite — see what we don't score for why.

Cost difference

PFF is 38 bps cheaper than FPE. On a $100,000 position that's about $380/yr more in fees for FPE.

Fee figure is the annual expense charged on $100,000. To see how the gap compounds over a multi-decade holding period, open the cost calculator pre-filled with FPE vs PFF.

Top shared holdings

101 shared in total
# Holding In FPE In PFF Overlap
1 WELLS FARGO & COMPANY 2.07% 2.29% 2.07%
2 XCEL ENERGY INC 1.25% 0.47% 0.47%
3 NEXTERA ENERGY CAPITAL HOLDINGS INC 1.40% 0.46% 0.46%
4 ATHENE HOLDING LTD 0.49% 0.43% 0.43%
5 BANK OF AMERICA CORP 0.42% 0.44% 0.42%
6 AEGON FUNDING COMPANY LLC 0.97% 0.37% 0.37%
7 EQUITABLE HOLDINGS INC 0.43% 0.34% 0.34%
8 DTE ENERGY COMPANY 1.01% 0.30% 0.30%
9 SOUTHERN COMPANY (THE) 0.33% 0.30% 0.30%
10 COREBRIDGE FINANCIAL INC 1.08% 0.29% 0.29%
11 ATHENE HOLDING LTD 0.69% 0.29% 0.29%
12 BANK OF NEW YORK MELLON CORP (THE) 0.34% 0.27% 0.27%

Only in FPE

158 total
  • BANK OF AMERICA CORP 2.52%
  • BARCLAYS PLC 1.65%
  • JP MORGAN CHASE & COMPANY 1.35%
  • CREDIT AGRICOLE SA 1.23%
  • CITIGROUP INC 1.20%
  • BNP PARIBAS SA 1.13%
  • CHARLES SCHWAB CORP (THE) 1.07%
  • HARTFORD INSURANCE GROUP INC (THE) 1.06%
  • GOLDMAN SACHS GROUP INC (THE) 1.04%
  • BANK OF MONTREAL 1.01%

Only in PFF

354 total
  • Boeing Co. 3.98%
  • Oracle Corp. 2.40%
  • Albemarle Corp 1.76%
  • Strategy Inc. 1.49%
  • Citigroup Capital XIII 1.41%
  • Bank of America Corp. 1.35%
  • NextEra Energy Inc 1.19%
  • KKR & Co Inc. 1.11%
  • Southern Co. 1.10%
  • Hewlett Packard Enterprise Co. 1.03%

Open FPE or PFF at a brokerage

Both funds trade commission-free at major US brokerages.

Open at Fidelity

Affiliate links — opening an account through these earns PlainIndex a one-time referral. Scoring is computed before any affiliate consideration; see our methodology and funding disclosure.

Holdings overlap is the sum of min(weight_a, weight_b) over positions matched on ISIN (CUSIP fallback). Methodology: see /methodology/.

Comparing two funds doesn't endorse swapping one for the other. Tax-lot history, account type, and personal goals matter — PlainIndex publishes data and methodology, not investment advice.