ETF comparison
FPEvsVRP
Both Preferred Securities.
First Trust Preferred Securities and Income ETF · Invesco Variable Rate Preferred ETF
Holdings overlap
79 positions appear in both funds. Buying equal dollars of FPE and VRP would leave roughly21.6%of each dollar exposed to the same underlying securities.
Side by side
Sub-score comparison
Tracking quality isn't part of the composite — seewhat we don't scorefor why.
Cost difference
VRP is 33 bps cheaper than FPE. On a $100,000 position that's about $330/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 thecost calculator pre-filled with FPE vs VRP.
Top shared holdings
79 shared in total| # | Holding | In FPE | In VRP | Overlap |
|---|---|---|---|---|
| 1 | BANK OF AMERICA CORP | 2.52% | 1.12% | 1.12% |
| 2 | JP MORGAN CHASE & COMPANY | 1.35% | 0.94% | 0.94% |
| 3 | CITIGROUP INC | 1.20% | 0.91% | 0.91% |
| 4 | GOLDMAN SACHS GROUP INC (THE) | 1.04% | 0.85% | 0.85% |
| 5 | CHARLES SCHWAB CORP (THE) | 1.07% | 0.75% | 0.75% |
| 6 | WELLS FARGO & COMPANY | 0.61% | 0.82% | 0.61% |
| 7 | CITIGROUP INC | 0.57% | 0.99% | 0.57% |
| 8 | PNC FINANCIAL SERVICES GROUP INC (THE) | 0.63% | 0.55% | 0.55% |
| 9 | AMERICAN ELECTRIC POWER COMPANY INC | 0.58% | 0.54% | 0.54% |
| 10 | ENBRIDGE INC | 0.54% | 0.51% | 0.51% |
| 11 | SOUTHERN COMPANY (THE) | 0.50% | 0.66% | 0.50% |
| 12 | GOLDMAN SACHS GROUP INC (THE) | 0.49% | 0.72% | 0.49% |
Only in FPE
180 total- WELLS FARGO & COMPANY2.07%
- BARCLAYS PLC1.65%
- NEXTERA ENERGY CAPITAL HOLDINGS INC1.40%
- XCEL ENERGY INC1.25%
- CREDIT AGRICOLE SA1.23%
- BNP PARIBAS SA1.13%
- T-MOBILE USA INC1.09%
- COREBRIDGE FINANCIAL INC1.08%
- HARTFORD INSURANCE GROUP INC (THE)1.06%
- BANK OF MONTREAL1.01%
Only in VRP
265 total- JPMorgan Chase & Co.1.10%
- Citigroup Capital XIII0.92%
- Bank of America Corp.0.91%
- BP Capital Markets PLC0.89%
- CVS Health Corp.0.84%
- Bank of America Corp.0.83%
- Vodafone Group PLC0.75%
- Bank of America Corp.0.72%
- JPMorgan Chase & Co.0.72%
- Charles Schwab Corp. (The)0.68%
Open FPE or VRP at a brokerage
Both funds trade commission-free at major US brokerages.
Affiliate links — opening an account through these earns PlainIndex a one-time referral. Scoring is computed before any affiliate consideration; see our methodologyand 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.