See what your fund actually adds
First Trust Institutional Preferred Securities and Income ETF FPEI
Historical return decomposition and an investable replication portfolio, using data through 2026-10-09.
Fund and replication metrics
| Measure | FPEI | Replication |
|---|---|---|
| Annualized growth | 3.4% | 4.4% |
| Annualized volatility | 5.8% | 4.4% |
| Sharpe ratio | 0.61 | 0.99 |
| Maximum drawdown | 15.0% | 10.0% |
| Replication fit (R²) | 0.62 · Tracking error 3.6% | |
Replication portfolio
The published portfolio below is the investable basket used to model FPEI’s historical return behavior.
| Ticker | Building block | Weight |
|---|---|---|
| BKLN | FI · Senior Bank Loans | 65.2% |
| PFF | FI · Preferred | 17.7% |
| VWOB | FI · EM Bonds USD | 12.5% |
| DBEF | Intl · Dev Hedged | 4.0% |
| SPHY | FI · High Yield | 0.6% |