FPE vs FMDE

Comparison between FIRST TRUST PREFERRED SECURITIES AND INCOME ETF (FPE, ETF) and FIDELITY ENHANCED MID CAP ETF (FMDE, ETF).

FPE vs FMDE - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FPE(ETF)	FMDE(ETF)
Net Assets	$6.40B	$6.50B
Expense Ratio	0.83%	0.23%
Max Drawdown	34.80%	21.61%
Sharpe Ratio	1.32	1.25
5Y Beta	0.19	0.91
P/E Ratio	N/A	25.90
Forward P/E	N/A	16.96
PEG Ratio	N/A	0.36
5Y Dividends CAGR	2.10%	N/A
5Y EPS CAGR	N/A	19.56%
Debt to Equity	N/A	56.86%
P/S Ratio	N/A	1.69
P/B Ratio	N/A	3.29

Net Assets

FPE

$6.40B

Winner

FMDE

$6.50B

Expense Ratio

FPE

0.83%

Winner

FMDE

0.23%

Max Drawdown

FPE

34.80%

Winner

FMDE

21.61%

Sharpe Ratio

Winner

FPE

1.32

FMDE

1.25

5Y Beta

Winner

FPE

0.19

FMDE

0.91

P/E Ratio

FPE

N/A

FMDE

25.90

Forward P/E

FPE

N/A

FMDE

16.96

PEG Ratio

FPE

N/A

FMDE

0.36

5Y Dividends CAGR

FPE

2.10%

FMDE

N/A

5Y EPS CAGR

FPE

N/A

FMDE

19.56%

Debt to Equity

FPE

N/A

FMDE

56.86%

P/S Ratio

FPE

N/A

FMDE

1.69

P/B Ratio

FPE

N/A

FMDE

3.29

FPE vs FMDE - Historical Returns

Returns include dividend reinvestment.

Period	FPE	FMDE
1 month	-0.11%	+3.66%
3 months	-0.18%	+5.15%
6 months	+1.70%	+10.87%
1 year	+8.74%	+21.14%
5 years(CAGR)	+3.18%	N/A
10 years(CAGR)	+5.05%	N/A
Max(CAGR)	+4.84%	+21.51%

FPE

-0.11%

Winner

FMDE

+3.66%

FPE

-0.18%

Winner

FMDE

+5.15%

FPE

+1.70%

Winner

FMDE

+10.87%

FPE

+8.74%

Winner

FMDE

+21.14%

5Y(CAGR)

FPE

+3.18%

FMDE

N/A

10Y(CAGR)

FPE

+5.05%

FMDE

N/A

Max(CAGR)

FPE

+4.84%

Winner

FMDE

+21.51%

FPE vs FMDE - Annual Returns (2013 - 2026)

Returns include dividend reinvestment.

Year	FPE	FMDE
2026	+0.81%	+9.28%
2025	+8.90%	+12.33%
2024	+11.29%	+22.25%
2023	+6.14%	+8.91%
2022	-12.77%	N/A
2021	+5.29%	N/A
2020	+5.70%	N/A
2019	+17.95%	N/A
2018	-4.83%	N/A
2017	+11.02%	N/A
2016	+6.13%	N/A
2015	+6.06%	N/A
2014	+11.53%	N/A
2013	-6.55%	N/A

FPE vs FMDE Drawdown Comparison

The maximum drawdown for FPE was -33.35%, occurring on Mar 18, 2020. Recovery took 186 trading sessions.

The maximum drawdown for FMDE was -21.10%, occurring on Apr 8, 2025. Recovery took 155 trading sessions.

The current FPE drawdown is -0.72%.

Rank	FPE	FMDE
#1	-33.35% Feb 14, 2020 - Nov 9, 2020	-21.10% Dec 4, 2024 - Jul 22, 2025
#2	-19.65% Sep 22, 2021 - Aug 13, 2024	-8.32% Feb 26, 2026 - Apr 17, 2026
#3	-13.32% May 9, 2013 - Jan 8, 2015	-6.79% Jul 16, 2024 - Aug 21, 2024
#4	-5.95% Jan 8, 2018 - Feb 20, 2019	-6.53% Mar 27, 2024 - Jul 16, 2024
#5	-5.45% Jan 5, 2016 - Apr 8, 2016	-5.69% Oct 27, 2025 - Nov 28, 2025
#6	-4.66% Feb 28, 2025 - Jun 4, 2025	-4.09% Sep 18, 2025 - Oct 27, 2025
#7	-4.08% Feb 20, 2026 - Mar 27, 2026	-3.99% Aug 30, 2024 - Sep 18, 2024
#8	-3.47% Oct 26, 2016 - Feb 2, 2017	-3.02% Jan 15, 2026 - Feb 20, 2026
#9	-2.21% Dec 6, 2024 - Feb 18, 2025	-2.86% Dec 28, 2023 - Jan 29, 2024
#10	-2.00% Dec 1, 2015 - Dec 31, 2015	-2.60% May 6, 2026 - May 22, 2026
#11	-1.53% Feb 9, 2021 - Apr 1, 2021	-2.59% Nov 11, 2024 - Nov 22, 2024
#12	-1.43% Jul 31, 2015 - Oct 13, 2015	-2.41% Jul 25, 2025 - Aug 13, 2025
#13	-1.41% Oct 28, 2025 - Dec 24, 2025	-2.28% Oct 18, 2024 - Nov 6, 2024
#14	-1.39% Aug 3, 2017 - Sep 15, 2017	-2.22% Dec 11, 2025 - Jan 5, 2026
#15	-1.31% Oct 18, 2024 - Dec 6, 2024	-2.04% Apr 20, 2026 - May 5, 2026

Correlation

Correlation between FPE and FMDE is 0.97 which considered as a very strong positive correlation - the stocks move almost identically together.

0.97

-101

Dividend Comparison (2013 - 2026)

FPE vs FMDE dividend yield comparison.

Year	FPE	FMDE
2026	2.30%	0.27%
2025	5.81%	1.23%
2024	5.68%	1.11%
2023	6.03%	0.10%
2022	5.67%	0.00%
2021	4.48%	0.00%
2020	4.88%	0.00%
2019	5.32%	0.00%
2018	6.14%	0.00%
2017	5.39%	0.00%
2016	5.97%	0.00%
2015	5.49%	0.00%
2014	6.00%	0.00%
2013	4.69%	0.00%