FPE vs. FPFD ETF Comparison

Comparison of First Trust Preferred Securities and Income ETF ETF (FPE) to Fidelity Preferred Securities & Income ETF (FPFD)

FPE

First Trust Preferred Securities and Income ETF ETF

FPE Description

The investment seeks total return and to provide current income. The fund invests at least 80% of its net assets (including investment borrowings) in preferred securities ("Preferred Securities") and income-producing debt securities ("Income Securities"). It invests in securities that are traded over-the-counter or listed on an exchange. The fund may invest in U.S. and non-U.S. debt and equity securities that are traded over-the-counter or listed on an exchange. It invests at least 60% of its net assets in securities rated investment grade (BBB-/Baa3 or higher) at the time of purchase. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$17.82

Average Daily Volume

1,212,299

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FPFD

Fidelity Preferred Securities & Income ETF

FPFD Description

The investment seeks high total return through a combination of current income and capital appreciation. The fund normally invests at least 80% of the fund's assets in preferred securities and other income-producing securities. It normally invests in all types of preferred securities and other income-producing securities such as contingent convertible securities and corporate hybrid securities. The fund primarily invests in securities rated at least BB by S&P, Ba by Moodys, comparably rated by at least one nationally recognized credit rating agency, or, if unrated, considered by FMR to be of comparable quality. It is non-diversified.

Grade (RS Rating)

Last Trade

$21.92

Average Daily Volume

17,612

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FPE	FPFD
30 Days	-1.38%	-1.30%
60 Days	-1.19%	-2.01%
90 Days	1.14%	0.00%
12 Months	16.31%	13.12%

5 Overlapping Holdings

Symbol	Grade	Weight in FPE	Weight in FPFD	Overlap
ACGLO	D	0.0%	0.12%	0.0%
AIZN	D	0.2%	0.14%	0.14%
AQNB	C	0.46%	0.2%	0.2%
T	A	0.18%	1.11%	0.18%
UZE	B	0.52%	0.19%	0.19%

FPE Overweight 13 Positions Relative to FPFD

Symbol	Grade	Weight
BIL	A	1.2%
USFR	A	1.19%
SHV	A	1.08%
BPYPN	C	0.36%
BPYPO	D	0.31%
SREA	D	0.2%
WTFCP	A	0.18%
CMSC	C	0.16%
CHSCM	D	0.13%
CMSD	C	0.11%
MGR	D	0.04%
DTW	D	0.03%
AGNC	C	0.01%

FPE Underweight 8 Positions Relative to FPFD

Symbol	Grade	Weight
AFGE	D	-0.31%
SOJD	D	-0.28%
RZC	C	-0.27%
UNMA	C	-0.23%
TBB	C	-0.21%
WTFCM	A	-0.13%
PRS	C	-0.1%
ELC	D	-0.06%

FPFD: Top Represented Industries & Keywords

Industries: Other Banks - Regional - US Insurance - Diversified Telecom Services