VRP vs. FPFD ETF Comparison
Comparison of PowerShares Variable Rate Preferred Portfolio (VRP) to Fidelity Preferred Securities & Income ETF (FPFD)
VRP
PowerShares Variable Rate Preferred Portfolio
VRP Description
The investment seeks investment results that generally correspond (before fees and expenses) to the price and yield of the Wells Fargo® Hybrid and Preferred Securities Floating and Variable Rate Index. The index is a market capitalization-weighted index designed to track the performance of preferred stock, as well as certain types of "hybrid securities" that are functionally equivalent to preferred stocks, that are issued by US-based or foreign issuers and that pay a floating or variable rate dividend or coupon. The fund generally will invest at least 90% of its total assets in the securities that comprise the index. It is non-diversified.
Grade (RS Rating)
Last Trade
$24.50
Average Daily Volume
301,697
19
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
$21.97
Average Daily Volume
20,200
13
Performance
| Period | VRP | FPFD |
|---|---|---|
| 30 Days | 0.26% | -1.41% |
| 60 Days | 1.44% | -0.81% |
| 90 Days | 2.93% | 0.94% |
| 12 Months | 15.54% | 13.53% |
VRP: Top Represented Industries & Keywords
FPFD: Top Represented Industries & Keywords
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