FPE vs JHPI
First Trust Preferred Securities and Income ETF compared with John Hancock Preferred Income ETF on yield, payout growth, payment schedule, cost and risk.
FPE
First Trust Preferred Securities and Income ETF
TTM yield · Monthly
JHPI
John Hancock Preferred Income ETF
TTM yield · Monthly
Quick take
- FPE yields more today: 6.02% vs 5.15% (forward).
- FPE has grown its payout faster: 1.0%/yr vs -1.1%/yr over the last 3 years.
- Both pay every month.
- Over the last year JHPI delivered the higher total return: +3.8% vs +3.3% (price change plus payouts).
- JHPI is cheaper to own: 0.54% vs 0.83% expense ratio.
- FPE has the steadier distribution: consistency 84/100 vs 54/100.
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | FPE | JHPI |
|---|---|---|
| Share price | $17.60 | $22.46 |
| TTM yield | 6.02% | 6.00% |
| Forward yield | 6.02% | 5.15% |
| Annual payout per share | $1.059 | $1.1565 |
| Payment frequency | Monthly | Monthly |
| Next ex-date | Sep 20, 2026 (est.) | Sep 26, 2026 (est.) |
| Expense ratio | 0.83% | 0.54% |
| 1-year payout growth | +2.6% | -0.5% |
| 5-year payout CAGR | +2.7% | — |
| Consecutive years of increases | 2 years | 0 years |
| Payout consistency (last 12) | 84/100 | 54/100 |
| 1-year total return | +3.3% | +3.8% |
| 1-year price return | -2.6% | -2.0% |
| Size (market cap / AUM) | 6.3B | 218.9M |
| Years paying | 13.5 | 4.7 |
| 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 | JHPI | |
|---|---|---|
| Shares | 568.2 | 445.2 |
| Income per year | $602 | $515 |
| Income per month (avg) | $50 | $43 |
At forward yields, before taxes. Model FPE · Model JHPI
Next payments
| Ex-date | Pay date | Per share | Status |
|---|---|---|---|
| FPE Sep 20, 2026 | Oct 4, 2026 | $0.0882 | Est. |
| FPE Oct 20, 2026 | Nov 3, 2026 | $0.0882 | Est. |
| FPE Nov 19, 2026 | Dec 3, 2026 | $0.0882 | Est. |
| JHPI Sep 26, 2026 | Oct 10, 2026 | $0.0964 | Est. |
| JHPI Oct 26, 2026 | Nov 9, 2026 | $0.0964 | Est. |
| JHPI Nov 25, 2026 | Dec 9, 2026 | $0.0964 | Est. |
Annual payouts per share
FPEJHPI
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 JHPI?
FPE currently has the higher trailing yield: FPE yields 6.02% and JHPI yields 6.00%. Yield changes daily with price, so check the live figures above.
How often do FPE and JHPI pay?
FPE pays every month and JHPI pays every month. FPE's next ex-date is Sep 20, 2026 and JHPI's is Sep 26, 2026.
Which has grown its dividend faster, FPE or JHPI?
FPE has grown its payout faster: 1.0%/yr vs -1.1%/yr over the last 3 years.
Is FPE or JHPI better for income?
It depends on what you are optimising for. FPE and JHPI 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.