FPE vs. QPFF ETF Comparison

Comparison of First Trust Preferred Securities and Income ETF ETF (FPE) to American Century Quality Preferred ETF (QPFF)

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

$17.23

Average Daily Volume

1,432,424

Number of Holdings ^*

* may have additional holdings in another (foreign) market

QPFF

American Century Quality Preferred ETF

QPFF Description

The investment seeks current income and capital appreciation. Under normal market conditions, the portfolio managers will invest at least 80% of the fund's net assets, plus any borrowings for investment purposes, in preferred securities issued by U.S. and non-U.S. companies. Preferred securities in which the fund may invest include preferred stock, hybrid preferred securities that have characteristics similar to both preferred stock and debt securities, floating rate preferred securities, junior subordinated debt, senior unsecured debt obligations denominated in $25 par amounts, re-packaged preferreds, and convertible securities. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$36.09

Average Daily Volume

34,447

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FPE	QPFF
30 Days	0.39%	-1.20%
60 Days	0.67%	-2.28%
90 Days	2.19%	-1.12%
12 Months	17.17%	8.00%

10 Overlapping Holdings

Symbol	Grade	Weight in FPE	Weight in QPFF	Overlap
ACGLO	D	0.0%	0.52%	0.0%
AGNC	C	0.3%	1.07%	0.3%
AQNB	A	0.52%	0.41%	0.41%
BPYPN	B	0.35%	0.83%	0.35%
CHSCM	B	0.18%	0.49%	0.18%
CMSC	D	0.17%	0.5%	0.17%
CMSD	D	0.12%	0.72%	0.12%
MGR	D	0.05%	1.56%	0.05%
SREA	D	0.4%	0.88%	0.4%
T	B	0.37%	1.17%	0.37%

FPE Overweight 8 Positions Relative to QPFF

Symbol	Grade	Weight
BPYPO	B	0.29%
WTFCP	A	0.28%
UZE	D	0.27%
AIZN	D	0.22%
BIL	A	0.09%
BPYPM	C	0.05%
DTW	D	0.05%
BPYPP	C	0.02%

FPE Underweight 4 Positions Relative to QPFF

Symbol	Grade	Weight
TBB	C	-1.77%
DUKB	D	-1.17%
CHSCN	B	-0.5%
PFH	D	-0.46%

QPFF: Top Represented Industries & Keywords

Industries: Other Farm Products Insurance Insurance - Diversified REIT - Residential Real Estate Services Telecom Services