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First Trust Preferred Securities and Income ETF (FPE)
About this ETF
First Trust Exchange-Traded Fund III - First Trust Preferred Securities and Income ETF is an exchange traded fund launched and managed by First Trust Advisors LP. The fund is co-managed by Stonebridge Advisors, LLC. It invests in the fixed income markets of global region. The fund invests in preferred securities and income-producing debt securities, including corporate bonds, high yield securities, convertible securities, and investment grade securities. The fund invests in average duration of three to 12 years. It employs fundamental analysis with top down and bottom up security picking approach to create its portfolio. The fund seeks to benchmark the performance of its portfolio against the ICE BofA US Investment Grade Institutional Capital Securities Index, Bloomberg US Aggregate Bond Index…
Price
Top 10 holdings
| BANK OF AMERICA CORP Variable rate | 2.55% |
| Wells Fargo & Company, Series L, 7.500% WFC.L | 2.07% |
| BARCLAYS PLC Variable rate | 1.67% |
| JPMORGAN CHASE & CO Variable rate | 1.36% |
| NextEra Energy Capital Holdings, Inc., Series U, 6.500%, Due 06/01/2085 NEE.U | 1.34% |
| BNP PARIBAS Variable rate | 1.27% |
| Xcel Energy Inc., 6.250%, Due 10/15/2085 XELLL | 1.25% |
| CREDIT AGRICOLE SA Variable rate | 1.23% |
| CITIGROUP INC Series HH, Variable rate | 1.22% |
| THE HARTFORD INSUR GRP INC Variable rate, due 02/12/2047 | 1.10% |
Sector mix
Price chart
Returns
| 1 month | +0.17% |
| 3 months | -0.61% |
| 6 months | -2.02% |
| Year to date | -1.65% |
| 1 year | +0.06% |
| 3 years (ann.) | +4.11% |
| 5 years (ann.) | -2.78% |
| 10 years (ann.) | -0.59% |
Risk profile
| Volatility (1y, ann.) | 4.35% |
| Sharpe (1y) | 0.03 |
| Sharpe (3y) | 0.82 |
| Sortino (1y) | 0.04 |
| Max drawdown (1y) | -5.19% |
| Max drawdown (5y) | -26.07% |
| Max drawdown (full) | -34.80% |
| Beta vs S&P 500 (1y) | 0.23 |
| Correlation vs S&P 500 (1y) | 0.68 |
Technical outlook as of 2026-07-13
The Monte Carlo cone is drawn on the price chart above (Forecast overlay); RSI, MACD and the rest of the oscillators live in its indicator panels.
Full holdings
| Constituent | ISIN | Market value | Weight |
|---|---|---|---|
| Loading… | |||
Sector breakdown
Geographic exposure
Cost vs. peers
Comparison universe: 1,710 funds of the same asset class.
Cost impact calculator
Dividend history
Distributing share class Income is paid out to shareholders.
| Ex-date | Payment | Amount |
|---|---|---|
| 2026-06-25 | 2026-06-30 | USD 0.0980 |
| 2026-05-21 | 2026-05-29 | USD 0.0892 |
| 2026-04-21 | 2026-04-30 | USD 0.0739 |
| 2026-03-26 | 2026-03-31 | USD 0.0905 |
| 2026-02-20 | 2026-02-27 | USD 0.0926 |
| 2026-01-21 | 2026-01-30 | USD 0.0683 |
| 2025-12-12 | 2025-12-31 | USD 0.1220 |
| 2025-11-21 | 2025-11-28 | USD 0.0956 |
| 2025-10-21 | 2025-10-31 | USD 0.0732 |
| 2025-09-25 | 2025-09-30 | USD 0.0845 |
| 2025-08-21 | 2025-08-29 | USD 0.0986 |
| 2025-07-22 | 2025-07-31 | USD 0.0772 |
| 2025-06-26 | 2025-06-30 | USD 0.0839 |
| 2025-05-21 | 2025-05-30 | USD 0.0923 |
| 2025-04-22 | 2025-04-30 | USD 0.0783 |
| 2025-03-27 | 2025-03-31 | USD 0.0925 |
| 2025-02-21 | 2025-02-28 | USD 0.0861 |
| 2025-01-22 | 2025-01-31 | USD 0.0748 |
| 2024-12-13 | 2024-12-31 | USD 0.0931 |
| 2024-11-21 | 2024-11-29 | USD 0.0904 |
| 2024-10-22 | 2024-10-31 | USD 0.0722 |
| 2024-09-26 | 2024-09-30 | USD 0.0925 |
| 2024-08-21 | 2024-08-30 | USD 0.0938 |
| 2024-07-23 | 2024-07-31 | USD 0.0669 |
| 2024-06-27 | 2024-06-28 | USD 0.0965 |
| 2024-05-21 | 2024-05-31 | USD 0.0870 |
| 2024-04-23 | 2024-04-30 | USD 0.0660 |
| 2024-03-21 | 2024-03-28 | USD 0.0886 |
| 2024-02-21 | 2024-02-29 | USD 0.0876 |
| 2024-01-23 | 2024-01-31 | USD 0.0706 |
| 2023-12-22 | 2023-12-29 | USD 0.0857 |
| 2023-11-21 | 2023-11-30 | USD 0.0956 |
| 2023-10-24 | 2023-10-31 | USD 0.0604 |
| 2023-09-22 | 2023-09-29 | USD 0.0889 |
| 2023-08-22 | 2023-08-31 | USD 0.0986 |
| 2023-07-21 | 2023-07-31 | USD 0.0762 |
| 2023-06-27 | 2023-06-30 | USD 0.0767 |
| 2023-05-23 | 2023-05-31 | USD 0.1038 |
| 2023-04-21 | 2023-04-28 | USD 0.0687 |
| 2023-03-24 | 2023-03-31 | USD 0.0989 |
Splits
| 2014-06-05 | 1:2 |
ESG profile
Benchmark: average of 87 funds of the same asset class with derived ESG data.
Similar ETFs
| Fund | TER | AUM (USD) | Yield (TTM) | Return 1y | Sharpe 1y |
|---|---|---|---|---|---|
| Vanguard Total Bond Market ETF BND | 0.03% | 394.40B | 4.01% | -0.82% | -0.19 |
| iShares Core U.S. Aggregate Bond ETF AGG | 0.03% | 138.36B | 4.03% | -0.76% | -0.17 |
| Vanguard Total International Bond ETF BNDX | 0.07% | 122.00B | 4.52% | -2.72% | -0.64 |
| iShares 0-3 Month Treasury Bond ETF SGOV | 0.09% | 97.69B | 3.80% | +0.05% | 0.05 |
| Vanguard Short-Term Inflation-Protected Securities ETF VTIP | 0.03% | 70.50B | 4.16% | -0.54% | -0.18 |
| Vanguard Short-Term Bond ETF BSV | 0.03% | 70.40B | 4.02% | -1.02% | -0.48 |
| Vanguard Intermediate-Term Corporate Bond ETF VCIT | 0.03% | 68.70B | 4.86% | -1.04% | -0.22 |
| Vanguard Intermediate-Term Bond ETF BIV | 0.03% | 52.20B | 4.27% | -1.28% | -0.28 |
| Vanguard Short-Term Corporate Bond ETF VCSH | 0.03% | 50.50B | 4.47% | -0.85% | -0.36 |
| Vanguard Intermediate-Term Treasury ETF VGIT | 0.03% | 49.50B | 3.89% | -1.50% | -0.41 |
Cheaper alternatives
No fund of the class reaches 60% portfolio overlap — showing the cheapest funds of the class instead.
| Fund | TER | AUM (USD) | Overlap |
|---|---|---|---|
| Vanguard Short-Term Corporate Bond ETF VCSH | 0.03% | 50.50B | 0.0% |
| Vanguard Total Bond Market ETF BND | 0.03% | 394.40B | 0.0% |
| iShares Core U.S. Aggregate Bond ETF AGG | 0.03% | 138.36B | 0.0% |
| Vanguard Short-Term Inflation-Protected Securities ETF VTIP | 0.03% | 70.50B | 0.0% |
| Vanguard Short-Term Bond ETF BSV | 0.03% | 70.40B | 0.0% |
