FPE vs FTSM

Comparison between FIRST TRUST PREFERRED SECURITIES AND INCOME ETF (FPE, ETF) and FIRST TRUST ENHANCED SHORT MATURITY ETF (FTSM, ETF).

5-Year PerformanceFTSM has outperformed FPE, delivering a return of +3.4% compared to +3.4%

FPE vs FTSM - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FPE(ETF)	FTSM(ETF)
Net Assets	$6.40B	$6.40B
Expense Ratio	0.83%	0.29%
Max Drawdown	34.80%	5.39%
Sharpe Ratio	1.41	1.21
5Y Beta	0.19	-0.00
5Y Dividends CAGR	1.84%	38.45%

Net Assets

FPE

$6.40B

FTSM

$6.40B

Expense Ratio

FPE

0.83%

Winner

FTSM

0.29%

Max Drawdown

FPE

34.80%

Winner

FTSM

5.39%

Sharpe Ratio

Winner

FPE

1.41

FTSM

1.21

5Y Beta

FPE

0.19

Winner

FTSM

-0.00

5Y Dividends CAGR

FPE

1.84%

Winner

FTSM

38.45%

FPE vs FTSM - Historical Returns

Returns include dividend reinvestment.

Period	FPE	FTSM
1 month	+0.52%	+0.32%
3 months	-0.11%	+0.72%
6 months	+1.85%	+1.86%
1 year	+9.26%	+4.29%
5 years(CAGR)	+3.36%	+3.42%
10 years(CAGR)	+5.18%	+2.51%
Max(CAGR)	+4.87%	+2.21%

Winner

FPE

+0.52%

FTSM

+0.32%

FPE

-0.11%

Winner

FTSM

+0.72%

FPE

+1.85%

Winner

FTSM

+1.86%

Winner

FPE

+9.26%

FTSM

+4.29%

5Y(CAGR)

FPE

+3.36%

Winner

FTSM

+3.42%

10Y(CAGR)

Winner

FPE

+5.18%

FTSM

+2.51%

Max(CAGR)

Winner

FPE

+4.87%

FTSM

+2.21%

FPE vs FTSM - Annual Returns (2013 - 2026)

Returns include dividend reinvestment.

Year	FPE	FTSM
2026	+0.86%	+1.20%
2025	+8.90%	+4.60%
2024	+11.29%	+5.20%
2023	+6.14%	+5.12%
2022	-12.77%	+1.04%
2021	+5.29%	-0.03%
2020	+5.70%	+1.12%
2019	+17.95%	+2.81%
2018	-4.83%	+1.92%
2017	+11.02%	+1.62%
2016	+6.13%	+1.18%
2015	+6.06%	+0.22%
2014	+11.53%	-0.11%
2013	-6.55%	N/A

FPE vs FTSM Drawdown Comparison

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

The maximum drawdown for FTSM was -4.12%, occurring on Mar 20, 2020. Recovery took 67 trading sessions.

The current FPE drawdown is -0.67%.

Rank	FPE	FTSM
#1	-33.35% Feb 14, 2020 - Nov 9, 2020	-4.12% Mar 3, 2020 - Jun 8, 2020
#2	-19.65% Sep 22, 2021 - Aug 13, 2024	-1.80% Aug 31, 2015 - May 10, 2017
#3	-13.32% May 9, 2013 - Jan 8, 2015	-0.65% Oct 4, 2021 - Nov 2, 2022
#4	-5.95% Jan 8, 2018 - Feb 20, 2019	-0.35% May 21, 2015 - Aug 31, 2015
#5	-5.45% Jan 5, 2016 - Apr 8, 2016	-0.30% Oct 21, 2014 - Jan 30, 2015
#6	-4.66% Feb 28, 2025 - Jun 4, 2025	-0.20% Sep 5, 2014 - Oct 16, 2014
#7	-4.08% Feb 20, 2026 - Mar 27, 2026	-0.15% Apr 3, 2025 - Apr 17, 2025
#8	-3.47% Oct 26, 2016 - Feb 2, 2017	-0.15% Mar 16, 2015 - Apr 20, 2015
#9	-2.21% Dec 6, 2024 - Feb 18, 2025	-0.13% Jan 30, 2015 - Mar 2, 2015
#10	-2.00% Dec 1, 2015 - Dec 31, 2015	-0.12% Feb 27, 2026 - Mar 30, 2026
#11	-1.53% Feb 9, 2021 - Apr 1, 2021	-0.12% Nov 23, 2018 - Dec 24, 2018
#12	-1.43% Jul 31, 2015 - Oct 13, 2015	-0.12% Jun 10, 2020 - Jun 22, 2020
#13	-1.41% Oct 28, 2025 - Dec 24, 2025	-0.12% Jul 6, 2020 - Jul 20, 2020
#14	-1.39% Aug 3, 2017 - Sep 15, 2017	-0.10% Mar 20, 2023 - Mar 23, 2023
#15	-1.31% Oct 18, 2024 - Dec 6, 2024	-0.10% Aug 7, 2014 - Aug 15, 2014

Correlation

Correlation between FPE and FTSM is 0.92 which considered as a very strong positive correlation - the stocks move almost identically together.

0.92

-101

Dividend Comparison (2013 - 2026)

FPE vs FTSM dividend yield comparison.

Year	FPE	FTSM
2026	1.80%	1.34%
2025	5.81%	4.28%
2024	5.68%	4.91%
2023	6.03%	4.62%
2022	5.67%	1.62%
2021	4.48%	0.39%
2020	4.88%	1.20%
2019	5.32%	2.38%
2018	6.14%	2.14%
2017	5.39%	1.49%
2016	5.97%	1.03%
2015	5.49%	0.48%
2014	6.00%	0.16%
2013	4.69%	0.00%