FPEI Performance — First Trust Institutional Preferred Securities and Income ETF
Data updated: 2026-09-24
FPEI returned +1.47% year to date and +6.13% over one year to Jul 2026. Annualised returns are +9.53% over 3 years and +3.93% over 5 years. The fund beat its Global Intermediate Corporate Bond category average: $100 invested three years ago grew to $131, against $123 for the category, and to $106 over one year, against $105. Volatility over the past three years was 4.75% a year. In the 12 months to Jul 2026 the fund took in a net $303.3M, and assets reached $1.93B.
FPEI Growth of $100
What $100 invested in First Trust Institutional Preferred Securities and Income ETF grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Global Intermediate Corporate Bond category average over the same months.
| Period | FPEI | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $106 | $105 |
| 3 years (Aug 2023 – Jul 2026) | $131 | $123 |
| 5 years (Aug 2021 – Jul 2026) | $121 | $112 |
| Since data start (Aug 2019 – Jul 2026) | $142 | $128 |
FPEI Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +1.47% |
| 1 year | +6.13% |
| 3 years (annualised) | +9.53% |
| 5 years (annualised) | +3.93% |
FPEI Annual Returns
Calendar-year total returns of First Trust Institutional Preferred Securities and Income ETF, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | +1.47% |
| 2025 | +9.91% |
| 2024 | +10.83% |
| 2023 | +6.61% |
| 2022 | −8.35% |
| 2021 | +4.95% |
| 2020 | +6.68% |
| 2019 (Aug–Dec) | +5.08% |
FPEI Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +0.5% | +0.7% | −2.1% | +2.0% | +0.4% | +0.5% | −0.4% | — | — | — | — | — |
| 2025 | +0.7% | +0.8% | −0.3% | −1.1% | +2.1% | +1.8% | +1.0% | +1.0% | +1.4% | +1.1% | +0.3% | +0.7% |
| 2024 | +1.4% | +0.6% | +1.8% | −0.9% | +1.9% | +0.8% | +1.4% | +1.7% | +1.9% | −0.7% | +0.6% | 0.0% |
| 2023 | +5.3% | −1.3% | −8.5% | +1.3% | +0.3% | +1.1% | +2.6% | −0.5% | −0.5% | −1.5% | +5.0% | +3.8% |
| 2022 | −1.2% | −2.2% | −0.5% | −2.4% | −1.1% | −4.5% | +4.1% | −0.5% | −4.1% | +0.3% | +2.4% | +1.4% |
| 2021 | +0.4% | +0.3% | +0.1% | +1.4% | +0.6% | +1.1% | +0.6% | +0.4% | +0.1% | −0.1% | −0.9% | +0.9% |
| 2020 | +1.2% | −1.4% | −14.8% | +7.6% | +2.8% | +2.0% | +2.8% | +2.6% | −0.9% | +0.7% | +4.2% | +1.5% |
| 2019 | — | — | — | — | — | — | — | +0.6% | +1.0% | +1.5% | +0.8% | +1.1% |
FPEI Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 4.75%
- 3-year Sharpe ratio: 1.06 (vs 4.5% risk-free rate)
- Best month: +5.00% (Nov 2023)
- Worst month: −2.15% (Mar 2026)
FPEI Fund Flows
Monthly money in and out of First Trust Institutional Preferred Securities and Income ETF, from SEC Form N-PORT.
- 12-month net flow: $303.3M
- 12-month gross sales (incl. reinvestments): $366.3M
- Sales ÷ redemptions: 5.82×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $39.3M | $0 | $39.3M |
| Jun 2026 | $22.1M | $0 | $22.1M |
| May 2026 | $3.9M | $5.8M | −$1.9M |
| Apr 2026 | $1.9M | $29.8M | −$27.9M |
| Mar 2026 | $33.6M | $27.4M | $6.3M |
| Feb 2026 | $49.6M | $0 | $49.6M |
| Jan 2026 | $48.5M | $0 | $48.5M |
| Dec 2025 | $17.4M | $0 | $17.4M |
| Nov 2025 | $24.2M | $0 | $24.2M |
| Oct 2025 | $43.7M | $0 | $43.7M |
| Sep 2025 | $56.1M | $0 | $56.1M |
| Aug 2025 | $25.9M | $0 | $25.9M |
FPEI Assets Under Management
Net assets of First Trust Institutional Preferred Securities and Income ETF by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $1.93B |
| 2026-04-30 | $1.89B |
| 2026-01-31 | $1.88B |
| 2025-10-31 | $1.79B |
| 2025-07-31 | $1.63B |
| 2025-04-30 | $1.50B |
| 2025-01-31 | $1.58B |
| 2024-10-31 | $1.49B |
| 2024-07-31 | $1.32B |
| 2024-04-30 | $1.25B |
| 2024-01-31 | $1.21B |
| 2023-10-31 | $1.04B |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.