FPE vs SPY

Comparison between FIRST TRUST PREFERRED SECURITIES AND INCOME ETF (FPE, ETF) and SPDR S&P 500 ETF Trust (SPY, ETF).

5-Year PerformanceSPY has outperformed FPE, delivering a return of +13.3% compared to +3.3%

FPE vs SPY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FPE(ETF)	SPY(ETF)
Net Assets	$6.20B	$652B
Expense Ratio	0.83%	0.09%
Max Drawdown	34.80%	56.47%
Sharpe Ratio	1.71	2.07
5Y Beta	0.19	1.00
P/E Ratio	N/A	28.24
Forward P/E	N/A	21.85
5Y Dividends CAGR	1.84%	5.43%
5Y EPS CAGR	N/A	25.79%
Debt to Equity	N/A	22.35%
P/S Ratio	N/A	3.55
P/B Ratio	N/A	5.29

Net Assets

FPE

$6.20B

Winner

SPY

$652B

Expense Ratio

FPE

0.83%

Winner

SPY

0.09%

Max Drawdown

Winner

FPE

34.80%

SPY

56.47%

Sharpe Ratio

FPE

1.71

Winner

SPY

2.07

5Y Beta

Winner

FPE

0.19

SPY

1.00

P/E Ratio

FPE

N/A

SPY

28.24

Forward P/E

FPE

N/A

SPY

21.85

5Y Dividends CAGR

FPE

1.84%

Winner

SPY

5.43%

5Y EPS CAGR

FPE

N/A

SPY

25.79%

Debt to Equity

FPE

N/A

SPY

22.35%

P/S Ratio

FPE

N/A

SPY

3.55

P/B Ratio

FPE

N/A

SPY

5.29

FPE vs SPY - Historical Returns

Returns include dividend reinvestment.

Period	FPE	SPY
1 month	+1.36%	+9.11%
3 months	+0.43%	+6.59%
6 months	+2.13%	+10.56%
1 year	+10.76%	+32.04%
5 years(CAGR)	+3.29%	+13.35%
10 years(CAGR)	+5.23%	+15.49%
Max(CAGR)	+4.89%	+8.50%

FPE

+1.36%

Winner

SPY

+9.11%

FPE

+0.43%

Winner

SPY

+6.59%

FPE

+2.13%

Winner

SPY

+10.56%

FPE

+10.76%

Winner

SPY

+32.04%

5Y(CAGR)

FPE

+3.29%

Winner

SPY

+13.35%

10Y(CAGR)

FPE

+5.23%

Winner

SPY

+15.49%

Max(CAGR)

FPE

+4.89%

Winner

SPY

+8.50%

FPE vs SPY - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	FPE	SPY
2026	+1.14%	+8.27%
2025	+8.90%	+18.00%
2024	+11.29%	+25.59%
2023	+6.14%	+26.72%
2022	-12.77%	-18.64%
2021	+5.29%	+30.52%
2020	+5.70%	+17.28%
2019	+17.95%	+31.09%
2018	-4.83%	-5.24%
2017	+11.02%	+20.78%
2016	+6.13%	+13.59%
2015	+6.06%	+1.31%
2014	+11.53%	+14.56%
2013	-6.55%	+29.00%
2012	N/A	+14.17%
2011	N/A	+0.85%
2010	N/A	+13.14%
2009	N/A	+22.67%
2008	N/A	-36.25%
2007	N/A	+5.32%
2006	N/A	+13.85%
2005	N/A	+5.32%
2004	N/A	+10.75%
2003	N/A	+24.18%
2002	N/A	-22.42%
2001	N/A	-10.13%
2000	N/A	-8.84%
1999	N/A	+8.61%

FPE vs SPY Drawdown Comparison

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

The maximum drawdown for SPY was -55.20%, occurring on Mar 9, 2009. Recovery took 1224 trading sessions.

The current FPE drawdown is -0.39%.

Rank	FPE	SPY
#1	-33.35% Feb 14, 2020 - Nov 9, 2020	-55.20% Oct 9, 2007 - Aug 16, 2012
#2	-19.65% Sep 22, 2021 - Aug 13, 2024	-47.50% Mar 24, 2000 - Oct 26, 2006
#3	-13.32% May 9, 2013 - Jan 8, 2015	-33.70% Feb 19, 2020 - Aug 10, 2020
#4	-5.95% Jan 8, 2018 - Feb 20, 2019	-24.50% Jan 3, 2022 - Dec 13, 2023
#5	-5.45% Jan 5, 2016 - Apr 8, 2016	-19.34% Sep 20, 2018 - Apr 12, 2019
#6	-4.66% Feb 28, 2025 - Jun 4, 2025	-18.76% Feb 19, 2025 - Jun 26, 2025
#7	-4.08% Feb 20, 2026 - Mar 27, 2026	-13.02% Jul 20, 2015 - Apr 18, 2016
#8	-3.47% Oct 26, 2016 - Feb 2, 2017	-10.10% Jan 26, 2018 - Aug 6, 2018
#9	-2.21% Dec 6, 2024 - Feb 18, 2025	-9.44% Sep 2, 2020 - Nov 11, 2020
#10	-2.00% Dec 1, 2015 - Dec 31, 2015	-9.30% Jan 19, 2000 - Mar 17, 2000
#11	-1.53% Feb 9, 2021 - Apr 1, 2021	-9.05% Jul 19, 2007 - Oct 5, 2007
#12	-1.43% Jul 31, 2015 - Oct 13, 2015	-8.88% Jan 27, 2026 - Apr 14, 2026
#13	-1.41% Oct 28, 2025 - Dec 24, 2025	-8.41% Jul 16, 2024 - Sep 19, 2024
#14	-1.39% Aug 3, 2017 - Sep 15, 2017	-7.35% Sep 14, 2012 - Jan 2, 2013
#15	-1.31% Oct 18, 2024 - Dec 6, 2024	-7.27% Sep 18, 2014 - Oct 31, 2014

Correlation

Correlation between FPE and SPY is 0.94 which considered as a very strong positive correlation - the stocks move almost identically together.

0.94

-101

Dividend Comparison (1999 - 2026)

FPE vs SPY dividend yield comparison.

Year	FPE	SPY
2026	1.79%	0.24%
2025	5.81%	1.07%
2024	5.68%	1.21%
2023	6.03%	1.40%
2022	5.67%	1.65%
2021	4.48%	1.20%
2020	4.88%	1.52%
2019	5.32%	1.75%
2018	6.14%	2.04%
2017	5.39%	1.80%
2016	5.97%	2.03%
2015	5.49%	2.06%
2014	6.00%	1.87%
2013	4.69%	1.81%
2012	0.00%	2.18%
2011	0.00%	2.05%
2010	0.00%	1.80%
2009	0.00%	1.95%
2008	0.00%	3.02%
2007	0.00%	1.85%
2006	0.00%	1.73%
2005	0.00%	1.73%
2004	0.00%	1.82%
2003	0.00%	1.47%
2002	0.00%	1.70%
2001	0.00%	1.25%
2000	0.00%	1.15%
1999	0.00%	0.24%