{"url":"https://etfiq.com/compare/any/fpei-vs-vrp","section":"compare","title":"FPEI vs VRP: ETF Returns, Fees and Overlap | ETFIQ","description":"FPEI vs VRP to Oct 28, 2026: one-year total return +0.3% against +1.6%, expense ratio 0.85% against 0.50%. 23% of their weight is in the same names.","as_of":"Oct 28, 2026","structured_data":[{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Which returned more over the last year, FPEI or VRP?","acceptedAnswer":{"@type":"Answer","text":"In the year to Oct 28, 2026, with distributions reinvested, FPEI returned +0.3% and VRP +1.6%."}},{"@type":"Question","name":"Which is cheaper, FPEI or VRP?","acceptedAnswer":{"@type":"Answer","text":"VRP is cheaper, by 0.35 percentage points a year. That is about $35 on $10,000 held for a year. Fees come from each fund's prospectus."}},{"@type":"Question","name":"How much do FPEI and VRP overlap with the S&P 500?","acceptedAnswer":{"@type":"Answer","text":"By their latest filed holdings, 0% of FPEI and 0% of VRP by weight is stocks the S&P 500 already holds."}}]},{"@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"ETFIQ","item":"https://etfiq.com/"},{"@type":"ListItem","position":2,"name":"Compare ETFs","item":"https://etfiq.com/compare/"},{"@type":"ListItem","position":3,"name":"FPEI vs VRP","item":"https://etfiq.com/compare/any/fpei-vs-vrp"}]},{"@type":"WebPage","name":"FPEI vs VRP: ETF Returns, Fees and Overlap","description":"FPEI vs VRP to Oct 28, 2026: one-year total return +0.3% against +1.6%, expense ratio 0.85% against 0.50%. 23% of their weight is in the same names.","url":"https://etfiq.com/compare/any/fpei-vs-vrp","dateModified":"2026-10-28","speakable":{"@type":"SpeakableSpecification","cssSelector":[".verdict",".lede",".faq"]},"isPartOf":{"@type":"WebSite","name":"ETFIQ","url":"https://etfiq.com"}},{"@type":"Dataset","name":"ETFIQ comparison of FPEI and VRP","description":"FPEI vs VRP to Oct 28, 2026: one-year total return +0.3% against +1.6%, expense ratio 0.85% against 0.50%. 23% of their weight is in the same names.","dateModified":"2026-10-28","creator":{"@id":"https://etfiq.com/#org"},"license":"https://etfiq.com/license/","isAccessibleForFree":true,"url":"https://etfiq.com/compare/any/fpei-vs-vrp","publisher":{"@id":"https://etfiq.com/#org"},"inLanguage":"en","creativeWorkStatus":"Published","distribution":[{"@type":"DataDownload","encodingFormat":"application/json","contentUrl":"https://etfiq.com/data/alternatives.json"},{"@type":"DataDownload","encodingFormat":"application/json","contentUrl":"https://etfiq.com/data/core.json"},{"@type":"DataDownload","encodingFormat":"application/json","contentUrl":"https://etfiq.com/data/crypto.json"},{"@type":"DataDownload","encodingFormat":"application/json","contentUrl":"https://etfiq.com/data/funds.json"},{"@type":"DataDownload","encodingFormat":"application/json","contentUrl":"https://etfiq.com/data/income.json"},{"@type":"DataDownload","encodingFormat":"application/json","contentUrl":"https://etfiq.com/data/leverage.json"},{"@type":"DataDownload","encodingFormat":"application/json","contentUrl":"https://etfiq.com/data/thematic.json"}]},{"@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"ETFIQ","item":"https://etfiq.com/"},{"@type":"ListItem","position":2,"name":"Compare ETFs","item":"https://etfiq.com/compare/"},{"@type":"ListItem","position":3,"name":"FPEI vs VRP","item":"https://etfiq.com/compare/any/fpei-vs-vrp"}]},{"@type":"WebPage","name":"FPEI vs VRP: ETF Returns, Fees and Overlap","description":"FPEI vs VRP to Oct 28, 2026: one-year total return +0.3% against +1.6%, expense ratio 0.85% against 0.50%. 23% of their weight is in the same names.","url":"https://etfiq.com/compare/any/fpei-vs-vrp","dateModified":"2026-10-28","isPartOf":{"@type":"WebSite","name":"ETFIQ","url":"https://etfiq.com"},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".verdict",".lede",".faq"]},"publisher":{"@id":"https://etfiq.com/#org"}}],"characters":5367,"truncated":true,"content":"ETFIQ / Compare ETFs / FPEI vs VRP \n \n Data as of Oct 28, 2026.\n ETFIQ etfiq.com \u00b7 independent ETF data \n FPEI vs VRP: Differences, Returns & Fees\n Over the year to Oct 28, 2026, FPEI returned +0.3% to VRP's +1.6%, and VRP charges 0.50% to FPEI's 0.85%.\n Copy this for sharing \n VRP costs 0.35 points a year less; their one-year returns differ by 1.3 points; VRP is 1.6 times larger.\n FPEI and VRP at a glance. As of Oct 28, 2026. Source: ETFIQ. FPEI VRP \n Expense ratio 0.85% 0.50% \n Net assets, as of Oct 27, 2026 $1.9bn $3.0bn \n Total return, 1 year +0.3% +1.6% \n What it tracks No index, actively","source":"ETFIQ, independent ETF data. Recomputed nightly from public filings and prices.","publisher":{"@id":"https://etfiq.com/#org","name":"ETFIQ","url":"https://etfiq.com"},"license":"https://etfiq.com/license/","license_text":"Data ETFIQ computes is free to use with attribution: ETFIQ (etfiq.com). Issuer data stays under its owner's terms.","citation":"ETFIQ, FPEI against VRP, data as of Oct 28, 2026. https://etfiq.com/compare/any/fpei-vs-vrp","a":{"ticker":"FPEI","name":"First Trust Institutional Preferred Securities and Income ETF","issuer":"First Trust","desk":"core","as_of":"2026-10-28","verdict":"FPEI is actively managed and returned +0.3% over the past year.","url":"https://etfiq.com/funds/fpei","key_facts":[{"label":"Total return, 1 year","value":"+0.3%","as_of":"2026-10-28","source":"computed by ETFIQ from Tiingo daily prices"},{"label":"Expense ratio","value":"0.85%","as_of":"2026-02-27","source":"485BPOS XBRL, Feb 27, 2026"},{"label":"Holdings","value":"177","as_of":"2026-10-27","source":"the issuer\u2019s daily holdings file"},{"label":"Below its high","value":"\u22122.6%","as_of":"2026-10-28","source":"ETFIQ"},{"label":"12-month yield, capital gains included, on its starting price","value":"5.8%","as_of":"2026-10-28","source":"computed by ETFIQ from Tiingo daily prices and distributions"},{"label":"Last payment (paid monthly), ex-date Oct 21, 2026","value":"$0.0955","as_of":"2026-10-21","source":"Tiingo end-of-day distributions"},{"label":"Net assets","value":"$1.9bn","as_of":"2026-10-27","source":"issuer page, as of Oct 27, 2026"}]},"b":{"ticker":"VRP","name":"Invesco Variable Rate Preferred ETF","issuer":"Invesco","desk":"core","as_of":"2026-10-28","verdict":"VRP tracks an index and returned +1.6% over the past year.","url":"https://etfiq.com/funds/vrp","key_facts":[{"label":"Total return, 1 year","value":"+1.6%","as_of":"2026-10-28","source":"computed by ETFIQ from Tiingo daily prices"},{"label":"Expense ratio","value":"0.50%","as_of":"2025-12-18","source":"485BPOS XBRL, Dec 18, 2025"},{"label":"Holdings","value":"367","as_of":"2026-10-27","source":"the issuer\u2019s daily holdings file"},{"label":"Below its high","value":"\u22121.5%","as_of":"2026-10-28","source":"ETFIQ"},{"label":"12-month yield, capital gains included, on its starting price","value":"5.7%","as_of":"2026-10-28","source":"computed by ETFIQ from Tiingo daily prices and distributions"},{"label":"Last payment (paid monthly), ex-date Oct 19, 2026","value":"$0.1177","as_of":"2026-10-19","source":"Tiingo end-of-day distributions"},{"label":"Net assets","value":"$3.0bn","as_of":"2026-10-27","source":"issuer page, as of Oct 27, 2026"}]},"overlap_pct":23,"full_text_at":"https://etfiq.com/compare/any/fpei-vs-vrp"}