# FPEI (First Trust Institutional Preferred Securities and Income ETF)

First Trust · Bond ETFs · Preferred stock · data as of Oct 2, 2026

FPEI is actively managed and returned +0.8% over the past year.

## Key facts

- FPEI, total return, 1 year: +0.8%, as of Oct 2, 2026.
- FPEI, expense ratio: 0.85%, as of Oct 2, 2026.
- FPEI, holdings: 178, as of Oct 2, 2026.
- FPEI, below its high: −3.1%, as of Oct 2, 2026.
- FPEI, net assets: $1.9bn (issuer page, as of Oct 2, 2026).

## FPEI over each window to Oct 2, 2026

| Window | Total return | S&P 500 | Gap to S&P 500 | Gap to Nasdaq-100 |
| --- | --- | --- | --- | --- |
| 3 months | −3.0% | +3.6% | −6.6 pts | −8.3 pts |
| 6 months | −0.3% | +17.9% | −18.3 pts | −28.7 pts |
| 1 year | +0.8% | +16.2% | −15.4 pts | −23.5 pts |
| 3 years | +30.8% | +89.3% | −58.5 pts | −83.9 pts |
| Since listing | +49.9% | +263.2% | −213.4 pts | −408.7 pts |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| What it tracks | No index, actively managed | ETFIQ |
| Fund type | Equity fund | ETFIQ |
| Category | Bonds · Preferred stock | ETFIQ |
| Expense ratio | 0.85% | 485BPOS XBRL, Feb 27, 2026 |
| Price | $18.43 | ETFIQ |
| Listed since | Aug 23, 2017 | ETFIQ |
| Net assets | $1.9bn | issuer page, as of Oct 2, 2026 |
| Below its high | −3.1% | ETFIQ |
| Holdings | 178 | ETFIQ |
| Top ten weight | 18.1% | ETFIQ |
| Holdings published for | Oct 2, 2026 | the issuer’s daily file |
| Already in the S&P 500, by weight | 17.8% | ETFIQ |
| Active share vs the S&P 500 | 97.0% | ETFIQ |
| Already in the Nasdaq-100, by weight | 0.0% | ETFIQ |

## Questions

### 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.


## Cite this page

ETFIQ, FPEI, data as of Oct 2, 2026. https://etfiq.com/funds/fpei
Free to use with attribution; the underlying files are at https://etfiq.com/data/.

HTML: https://etfiq.com/funds/fpei  ·  JSON: https://etfiq.com/funds/fpei.json