FPE vs. PGX ETF Comparison
Comparison of First Trust Preferred Securities and Income ETF ETF (FPE) to PowerShares Preferred Portfolio (PGX)
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
$17.95
Average Daily Volume
1,202,562
18
PGX
PowerShares Preferred Portfolio
PGX Description
The PowerShares Preferred Portfolio is based on The BofA Merrill Lynch Core Plus Fixed Rate Preferred Securities Index. The Fund will normally invest at least 80% of its total assets in fixed rate US dollar-denominated preferred securities that comprise the Index. The Index tracks the performance of fixed rate US dollar-denominated preferred securities issued in the US domestic market. (Securities must be rated at least B3, based on an average of three leading ratings agencies: Moodyâs, S&P and Fitch) and must have an investment-grade country risk profile (based on an average of Moodyâs, S&P and Fitch foreign currency long-term sovereign debt ratings). The Fund and the Index are rebalanced and reconstituted on a monthly basis.Grade (RS Rating)
Last Trade
$12.02
Average Daily Volume
3,062,245
41
Performance
| Period | FPE | PGX |
|---|---|---|
| 30 Days | -0.82% | -3.34% |
| 60 Days | 0.30% | -2.11% |
| 90 Days | 2.65% | 2.58% |
| 12 Months | 17.28% | 14.50% |
11 Overlapping Holdings
| Symbol | Grade | Weight in FPE | Weight in PGX | Overlap | |
|---|---|---|---|---|---|
| ACGLO | D | 0.0% | 0.28% | 0.0% | |
| AIZN | C | 0.21% | 0.21% | 0.21% | |
| BPYPN | C | 0.38% | 0.15% | 0.15% | |
| BPYPO | C | 0.32% | 0.15% | 0.15% | |
| CMSC | C | 0.17% | 0.26% | 0.17% | |
| CMSD | C | 0.12% | 0.58% | 0.12% | |
| DTW | D | 0.03% | 0.35% | 0.03% | |
| MGR | D | 0.05% | 0.27% | 0.05% | |
| SREA | C | 0.21% | 0.67% | 0.21% | |
| T | A | 0.18% | 1.31% | 0.18% | |
| UZE | A | 0.49% | 0.42% | 0.42% |
FPE Underweight 30 Positions Relative to PGX
| Symbol | Grade | Weight | |
|---|---|---|---|
| TBB | C | -1.16% | |
| SOJD | D | -0.81% | |
| BAC | A | -0.8% | |
| TBC | C | -0.74% | |
| RZC | A | -0.69% | |
| PRS | C | -0.51% | |
| DUKB | C | -0.46% | |
| CTDD | A | -0.45% | |
| BPYPM | D | -0.41% | |
| SOJC | C | -0.4% | |
| PFH | D | -0.36% | |
| RZB | C | -0.36% | |
| ESGRP | D | -0.31% | |
| UNMA | C | -0.28% | |
| OZKAP | D | -0.23% | |
| GPJA | D | -0.23% | |
| EAI | D | -0.23% | |
| NRUC | D | -0.22% | |
| ENO | C | -0.21% | |
| EMP | D | -0.21% | |
| ELC | D | -0.21% | |
| CMSA | C | -0.18% | |
| SFB | D | -0.18% | |
| FCNCO | C | -0.17% | |
| AFGC | D | -0.17% | |
| AFGE | D | -0.15% | |
| AFGD | A | -0.14% | |
| BPYPP | D | -0.11% | |
| AFGB | C | -0.11% | |
| BPOPM | A | -0.03% |
FPE: Top Represented Industries & Keywords
PGX: Top Represented Industries & Keywords
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