QPFF vs. FPE ETF Comparison

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

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

$37.41

Average Daily Volume

12,332

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

$17.81

Average Daily Volume

1,208,680

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	QPFF	FPE
30 Days	-0.81%	-0.89%
60 Days	-1.42%	-1.20%
90 Days	2.40%	1.08%
12 Months	12.88%	16.25%

5 Overlapping Holdings

Symbol	Grade	Weight in QPFF	Weight in FPE	Overlap
ACGLO	C	0.51%	0.0%	0.0%
AGNC	D	0.5%	0.01%	0.01%
AIZN	D	0.55%	0.2%	0.2%
MGR	D	2.28%	0.04%	0.04%
T	A	1.13%	0.18%	0.18%

QPFF Overweight 9 Positions Relative to FPE

Symbol	Grade	Weight
NEE	D	3.66%
TBB	C	1.74%
TVE	C	1.7%
RZB	C	0.64%
AFGD	C	0.37%
AFGC	C	0.37%
TVC	C	0.37%
SFB	D	0.37%
FCNCO	D	0.27%

QPFF Underweight 13 Positions Relative to FPE

Symbol	Grade	Weight
BIL	A	-1.2%
USFR	A	-1.19%
SHV	A	-1.08%
UZE	B	-0.52%
AQNB	C	-0.46%
BPYPN	D	-0.36%
BPYPO	C	-0.31%
SREA	D	-0.2%
WTFCP	A	-0.18%
CMSC	C	-0.16%
CHSCM	D	-0.13%
CMSD	C	-0.11%
DTW	D	-0.03%