NYSEArca - Delayed Quote USD

First Trust Institutional Preferred Securities and Income ETF (FPEI)

18.73 -0.00 (-0.00%)
At close: November 21 at 4:00 PM EST

ETF Summary

The fund invests at least 80% of its net assets (including investment borrowings) in institutional preferred securities and income-producing debt securities ("Income 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.

Risk Overview

Performance & Risk

YTD Return 10.61%
5y Average Return 4.15%
Rank in Category (ytd) --
% Rank in Category (ytd) --
Beta (5Y Monthly) 0.64
Morningstar Risk Rating --

Risk Statistics

3 Years5 Years10 Years
FPEICategory AverageFPEICategory AverageFPEICategory Average
Alpha 2.73 3.71 4.08 4.26 0 2.96
BETA 0.64 1.01 0.73 1.11 0 0.96
Mean Annual Return 0.24 0.14 0.39 0.33 0 0.38
R-squared 28.9 42.04 18.44 27.33 0 24.32
Standard Deviation 9.22 11.87 10.8 13.72 0 9.81
Sharpe Ratio -0.11 -0.2 0.21 0.1 0 0.3
Treynor Ratio -2.32 -3.2 2.29 0.42 0 2.72

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