JHPI vs. FPE ETF Comparison

Comparison of John Hancock Preferred Income ETF (JHPI) to First Trust Preferred Securities and Income ETF ETF (FPE)

JHPI

John Hancock Preferred Income ETF

JHPI Description

Under normal market conditions, the fund invests at least 80% of its net assets in preferred stocks and other preferred securities. Preferred stocks and preferred securities include, but are not limited to, convertible preferred securities, corporate hybrid securities, trust preferred securities, cumulative and non-cumulative preferred stock, and depositary shares of preferred stock. The adviser will concentrate its investments in the group of industries that comprise the utilities and the communication sectors.

Grade (RS Rating)

Last Trade

$23.28

Average Daily Volume

14,043

Number of Holdings ^*

* may have additional holdings in another (foreign) market

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

$18.10

Average Daily Volume

1,116,892

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	JHPI	FPE
30 Days	2.98%	2.43%
60 Days	4.59%	4.39%
90 Days	4.52%	5.03%
12 Months	19.77%	20.70%

6 Overlapping Holdings

Symbol	Grade	Weight in JHPI	Weight in FPE	Overlap
AQNB	C	1.38%	0.47%	0.47%
CMSC	A	0.18%	0.17%	0.17%
CMSD	B	1.1%	0.12%	0.12%
DTW	A	0.9%	0.03%	0.03%
SREA	A	1.16%	0.28%	0.28%
UZE	B	0.36%	0.45%	0.36%

JHPI Overweight 9 Positions Relative to FPE

Symbol	Grade	Weight
RZC	B	1.28%
NEE	A	0.94%
QRTEP	B	0.57%
UNMA	C	0.55%
CMSA	B	0.5%
AFGC	B	0.49%
ESGRP	F	0.32%
SOJD	C	0.21%
NRUC	B	0.19%

JHPI Underweight 12 Positions Relative to FPE

Symbol	Grade	Weight
USFR	A	-1.21%
BIL	B	-0.6%
BPYPN	B	-0.37%
BPYPO	A	-0.31%
T	A	-0.25%
AIZN	B	-0.22%
WTFCP	A	-0.2%
CHSCM	B	-0.15%
MGR	A	-0.05%
AGNC	C	-0.02%
ACGLO	B	-0.0%
BPYPP	A	-0.0%