FPE vs FPFD
First Trust Preferred Securities and Income ETF compared with Fidelity Preferred Securities & Income ETF on yield, payout growth, payment schedule, cost and risk.
FPE
First Trust Preferred Securities and Income ETF
TTM yield · Monthly
FPFD
Fidelity Preferred Securities & Income ETF
TTM yield · Monthly
Quick take
- FPE yields more today: 6.41% vs 5.63% (forward).
- FPFD has grown its payout faster: 3.0%/yr vs 2.0%/yr over the last 3 years.
- Both pay every month.
- Over the last year FPE delivered the higher total return: -1.5% vs -1.9% (price change plus payouts).
- FPFD is cheaper to own: 0.59% vs 0.83% expense ratio.
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | FPE | FPFD |
|---|---|---|
| Share price | $16.89 | $20.49 |
| TTM yield | 6.41% | 5.63% |
| Forward yield | 6.41% | 5.63% |
| Annual payout per share | $1.083 | $1.154 |
| Payment frequency | Monthly | Monthly |
| Next ex-date | Nov 20, 2026 (est.) | Oct 29, 2026 (est.) |
| Expense ratio | 0.83% | 0.59% |
| 1-year payout growth | +5.7% | +7.0% |
| 5-year payout CAGR | +3.3% | — |
| Consecutive years of increases | 2 years | 4 years |
| Payout consistency (last 12) | 85/100 | 81/100 |
| 1-year total return | -1.5% | -1.9% |
| 1-year price return | -7.4% | -7.2% |
| Size (market cap / AUM) | 6.0B | 75.9M |
| Years paying | 13.6 | 5.3 |
| Sector / category | Preferred Stock | Preferred Stock |
✓ marks the more favourable figure where one exists (higher yield, growth, streak, consistency, return and size; lower cost, payout ratio and risk).
$10,000 invested today
| FPE | FPFD | |
|---|---|---|
| Shares | 592.1 | 488.2 |
| Income per year | $641 | $563 |
| Income per month (avg) | $53 | $47 |
At forward yields, before taxes. Model FPE · Model FPFD
Next payments
| Ex-date | Pay date | Per share | Status |
|---|---|---|---|
| FPE Nov 20, 2026 | Dec 4, 2026 | $0.0902 | Est. |
| FPE Dec 20, 2026 | Jan 3, 2027 | $0.0902 | Est. |
| FPE Jan 19, 2027 | Feb 2, 2027 | $0.0902 | Est. |
| FPFD Oct 29, 2026 | Nov 12, 2026 | $0.0962 | Est. |
| FPFD Nov 28, 2026 | Dec 12, 2026 | $0.0962 | Est. |
| FPFD Dec 28, 2026 | Jan 11, 2027 | $0.0962 | Est. |
Annual payouts per share
FPEFPFD
Regular payments only; the current year is year to date. Per-share amounts are not directly comparable when share prices differ, so read this chart for growth trends.
FAQ
Which has the higher dividend yield, FPE or FPFD?
FPE currently has the higher trailing yield: FPE yields 6.41% and FPFD yields 5.63%. Yield changes daily with price, so check the live figures above.
How often do FPE and FPFD pay?
FPE pays every month and FPFD pays every month. FPE's next ex-date is Nov 20, 2026 and FPFD's is Oct 29, 2026.
Which has grown its dividend faster, FPE or FPFD?
FPFD has grown its payout faster: 3.0%/yr vs 2.0%/yr over the last 3 years.
Is FPE or FPFD better for income?
It depends on what you are optimising for. FPE and FPFD differ in yield, growth, payment schedule and risk profile; the table above puts every metric side by side so you can weigh them for your own goals. This page is data, not advice.