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FPEI · First Trust Institutional Preferred Securities and Income ETF

Equity fundActively managed0.85% fee$1.9bnSince Aug 23, 2017
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FPEI is actively managed and returned +0.8% over the past year.

+0.8%
Total return, 1 year
0.85%
Expense ratio
178
Holdings
−3.1%
Below its high
WindowTotal returnS&P 500Gap to S&P 500Gap to Nasdaq-100
3M Jul 2 – Oct 2, 2026−3.0%+3.6%−6.6 pts−8.3 pts
6M Apr 2 – Oct 2, 2026−0.3%+17.9%−18.3 pts−28.7 pts
1Y Oct 2, 2025 – Oct 2, 2026+0.8%+16.2%−15.4 pts−23.5 pts
3Y Oct 3, 2023 – Oct 2, 2026+30.8%+89.3%−58.5 pts−83.9 pts
Since listing Aug 23, 2017 – Oct 2, 2026+49.9%+263.2%−213.4 pts−408.7 pts

FPEI over each window to Oct 2, 2026. Every figure is an ETFIQ calculation. Source: ETFIQ.

FPEI top ten by weight, 18.1% of its 178 equity positions, from the holdings published by its issuer for Oct 2, 2026. An index fund holds what the index holds, so this is the index. Source: the issuer’s own daily file.

BANK OF AMERICA CORP Variable rate 3.25%
CITIGROUP INC Series HH, Variable rate 2.17%
CREDIT AGRICOLE SA Variable rate 1.99%
ING GROEP NV Variable rate 1.75%
BANCO BILBAO VIZCAYA ARGENTARIA Variable rate 1.65%
ENBRIDGE INC Variable rate, due 01/15/2084 1.53%
CHARLES SCHWAB CORP Series H, Variable rate 1.49%
BANCO SANTANDER SA Variable rate 1.48%
BANK OF MONTREAL Variable rate, due 05/26/2084 1.45%
BNP PARIBAS Variable rate 1.31%
Holdings, the issuer’s own daily file ↗
Head to head
Funds near this one
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In plain words

FPEI is actively managed and tracks no index. Over the year to Oct 2, 2026 it returned +0.8% with distributions reinvested, against +16.2% for the S&P 500 and +24.3% for the Nasdaq-100. The prospectus expense ratio is 0.85% a year. By its holdings published by its issuer for Oct 2, 2026, 18% of the fund by weight is stocks the S&P 500 also holds, across 178 positions, with the top ten at 18.1%. It sat 3.1% below its high of Jul 6, 2026 on Oct 2, 2026.
What it tracksNo index, actively managed
Fund typeEquity fund
Category (ETFIQ)Bonds · Preferred stock
Expense ratio (485BPOS XBRL, Feb 27, 2026)0.85%
Price$18.43
Listed sinceAug 23, 2017
Net assets (issuer page, as of Oct 2, 2026)$1.9bn
Below its high (ETFIQ)−3.1%
Holdings178
Top ten weight18.1%
Holdings published for (the issuer’s daily file)Oct 2, 2026
Already in the S&P 500, by weight (ETFIQ)17.8%
Active share vs the S&P 500 (ETFIQ)97.0%
Already in the Nasdaq-100, by weight (ETFIQ)0.0%
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

Questions people ask about FPEI

How has FPEI performed?
Over the year to Oct 2, 2026, FPEI returned +0.8% with distributions reinvested, against +16.2% for the S&P 500. Over three years the figure is +30.8%.
What does FPEI cost?
The prospectus expense ratio is 0.85% a year.
What does FPEI hold?
178 positions as published by its issuer for Oct 2, 2026, with the top ten at 18.1% of the fund. 18% of its weight is in stocks the S&P 500 also holds.
How far is FPEI below its high?
3.1% below its high of Jul 6, 2026, measured on the reinvested series to Oct 2, 2026.
Sources and dates
Prices, FPEI and S&P 500Tiingo end-of-day · Oct 2, 2026
Fee, 0.85%Prospectus filing with the expense ratio (SEC) ↗
Net assets, $1.9bnIssuer page · Oct 2, 2026
HoldingsHoldings, the issuer’s own daily file ↗

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

ETFIQ covers core, leveraged and inverse, buffer, thematic, option-income, alternatives and spot crypto ETFs. This fund is here because the other funds here are measured against it and portfolios hold it. ETFIQ is an independent publisher and makes no recommendations. Standards and sources

How these figures are computed →Standards and sources →Open data →
Cite this page

ETFIQ, FPEI, core fund, data as of Oct 2, 2026. https://etfiq.com/funds/fpei

Free to use with attribution; the underlying files are at Open data.

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