FPE vs PFXF
First Trust Preferred Securities and Income ETF compared with VanEck Preferred Securities ex Financials ETF on yield, payout growth, payment schedule, cost and risk.
FPE
First Trust Preferred Securities and Income ETF
TTM yield · Monthly
PFXF
VanEck Preferred Securities ex Financials ETF
TTM yield · Monthly
Quick take
- FPE yields more today: 6.41% vs 5.57% (forward).
- FPE has grown its payout faster: 3.3%/yr vs 1.6%/yr over the last 5 years.
- Both pay every month.
- Over the last year PFXF delivered the higher total return: +1.1% vs -1.5% (price change plus payouts).
- PFXF is cheaper to own: 0.40% vs 0.83% expense ratio.
- FPE has the steadier distribution: consistency 85/100 vs 62/100.
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | FPE | PFXF |
|---|---|---|
| Share price | $16.89 | $16.91 |
| TTM yield | 6.41% | 6.29% |
| Forward yield | 6.41% | 5.57% |
| Annual payout per share | $1.083 | $0.9427 |
| Payment frequency | Monthly | Monthly |
| Next ex-date | Nov 20, 2026 (est.) | Oct 31, 2026 (est.) |
| Expense ratio | 0.83% | 0.40% |
| 1-year payout growth | +5.7% | +9.8% |
| 5-year payout CAGR | +3.3% | +1.6% |
| Consecutive years of increases | 2 years | 1 year |
| Payout consistency (last 12) | 85/100 | 62/100 |
| 1-year total return | -1.5% | +1.1% |
| 1-year price return | -7.4% | -4.8% |
| Size (market cap / AUM) | 6.0B | 2.4B |
| Years paying | 13.6 | 14.1 |
| 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 | PFXF | |
|---|---|---|
| Shares | 592.1 | 591.4 |
| Income per year | $641 | $557 |
| Income per month (avg) | $53 | $46 |
At forward yields, before taxes. Model FPE · Model PFXF
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. |
| PFXF Oct 31, 2026 | Nov 14, 2026 | $0.0786 | Est. |
| PFXF Nov 30, 2026 | Dec 14, 2026 | $0.0786 | Est. |
| PFXF Dec 30, 2026 | Jan 13, 2027 | $0.0786 | Est. |
Annual payouts per share
FPEPFXF
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 PFXF?
FPE currently has the higher trailing yield: FPE yields 6.41% and PFXF yields 6.29%. Yield changes daily with price, so check the live figures above.
How often do FPE and PFXF pay?
FPE pays every month and PFXF pays every month. FPE's next ex-date is Nov 20, 2026 and PFXF's is Oct 31, 2026.
Which has grown its dividend faster, FPE or PFXF?
FPE has grown its payout faster: 3.3%/yr vs 1.6%/yr over the last 5 years.
Is FPE or PFXF better for income?
It depends on what you are optimising for. FPE and PFXF 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.