FPE vs LMBS

Comparison between FIRST TRUST PREFERRED SECURITIES AND INCOME ETF (FPE, ETF) and FIRST TRUST LOW DURATION OPPORTUNITIES ETF (LMBS, ETF).

5-Year PerformanceLMBS has outperformed FPE, delivering a return of +3.0% compared to +3.0%

FPE vs LMBS - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FPE(ETF)	LMBS(ETF)
Net Assets	$6.30B	$6.30B
Expense Ratio	0.83%	0.66%
Max Drawdown	34.80%	11.76%
Sharpe Ratio	0.98	1.06
5Y Beta	0.19	0.01
5Y Dividends CAGR	2.10%	12.62%

Net Assets

FPE

$6.30B

LMBS

$6.30B

Expense Ratio

FPE

0.83%

Winner

LMBS

0.66%

Max Drawdown

FPE

34.80%

Winner

LMBS

11.76%

Sharpe Ratio

FPE

0.98

Winner

LMBS

1.06

5Y Beta

FPE

0.19

Winner

LMBS

0.01

5Y Dividends CAGR

FPE

2.10%

Winner

LMBS

12.62%

FPE vs LMBS - Historical Returns

Returns include dividend reinvestment.

Period	FPE	LMBS
1 month	-0.39%	+0.23%
3 months	+1.09%	+0.61%
6 months	+1.13%	+1.67%
1 year	+7.52%	+5.69%
5 years(CAGR)	+2.99%	+3.04%
10 years(CAGR)	+5.02%	+2.69%
Max(CAGR)	+4.82%	+3.01%

FPE

-0.39%

Winner

LMBS

+0.23%

Winner

FPE

+1.09%

LMBS

+0.61%

FPE

+1.13%

Winner

LMBS

+1.67%

Winner

FPE

+7.52%

LMBS

+5.69%

5Y(CAGR)

FPE

+2.99%

Winner

LMBS

+3.04%

10Y(CAGR)

Winner

FPE

+5.02%

LMBS

+2.69%

Max(CAGR)

Winner

FPE

+4.82%

LMBS

+3.01%

FPE vs LMBS - Annual Returns (2013 - 2026)

Returns include dividend reinvestment.

Year	FPE	LMBS
2026	+0.58%	+1.49%
2025	+8.90%	+7.05%
2024	+11.29%	+5.30%
2023	+6.14%	+6.26%
2022	-12.77%	-2.97%
2021	+5.29%	-1.01%
2020	+5.70%	+1.60%
2019	+17.95%	+4.10%
2018	-4.83%	+1.50%
2017	+11.02%	+1.55%
2016	+6.13%	+6.56%
2015	+6.06%	+2.56%
2014	+11.53%	+1.57%
2013	-6.55%	N/A

FPE vs LMBS Drawdown Comparison

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

The maximum drawdown for LMBS was -6.49%, occurring on Oct 21, 2022. Recovery took 948 trading sessions.

The current FPE drawdown is -0.95%. The current LMBS drawdown is -0.17%.

Rank	FPE	LMBS
#1	-33.35% Feb 14, 2020 - Nov 9, 2020	-6.49% Mar 6, 2020 - Dec 11, 2023
#2	-19.65% Sep 22, 2021 - Aug 13, 2024	-1.85% Jan 6, 2015 - Mar 12, 2015
#3	-13.32% May 9, 2013 - Jan 8, 2015	-1.72% Apr 4, 2025 - Jun 11, 2025
#4	-5.95% Jan 8, 2018 - Feb 20, 2019	-1.52% Oct 1, 2024 - Feb 5, 2025
#5	-5.45% Jan 5, 2016 - Apr 8, 2016	-1.45% Mar 27, 2024 - May 15, 2024
#6	-4.66% Feb 28, 2025 - Jun 4, 2025	-1.43% Feb 27, 2026 - Mar 27, 2026
#7	-4.08% Feb 20, 2026 - Mar 27, 2026	-1.25% Aug 24, 2015 - Oct 6, 2015
#8	-3.47% Oct 26, 2016 - Feb 2, 2017	-0.97% Dec 4, 2014 - Dec 26, 2014
#9	-2.21% Dec 6, 2024 - Feb 18, 2025	-0.89% Apr 6, 2015 - May 7, 2015
#10	-2.00% Dec 1, 2015 - Dec 31, 2015	-0.86% Nov 4, 2016 - Apr 4, 2017
#11	-1.53% Feb 9, 2021 - Apr 1, 2021	-0.85% Feb 1, 2024 - Mar 6, 2024
#12	-1.43% Jul 31, 2015 - Oct 13, 2015	-0.81% Feb 18, 2016 - Mar 17, 2016
#13	-1.41% Oct 28, 2025 - Dec 24, 2025	-0.74% Mar 12, 2015 - Mar 20, 2015
#14	-1.39% Aug 3, 2017 - Sep 15, 2017	-0.74% May 15, 2024 - Jun 5, 2024
#15	-1.31% Oct 18, 2024 - Dec 6, 2024	-0.67% Jan 11, 2016 - Jan 20, 2016

Correlation

Correlation between FPE and LMBS is 0.96 which considered as a very strong positive correlation - the stocks move almost identically together.

0.96

-101

Dividend Comparison (2013 - 2026)

FPE vs LMBS dividend yield comparison.

Year	FPE	LMBS
2026	2.31%	1.71%
2025	5.81%	4.08%
2024	5.68%	4.28%
2023	6.03%	3.96%
2022	5.67%	2.22%
2021	4.48%	2.04%
2020	4.88%	2.27%
2019	5.32%	2.55%
2018	6.14%	2.76%
2017	5.39%	2.73%
2016	5.97%	2.84%
2015	5.49%	3.03%
2014	6.00%	0.37%
2013	4.69%	0.00%