FPEI vs TLTW

Comparison between FIRST TRUST INSTITUTIONAL PREFERRED SECURITIES AND INCOME ETF (FPEI, ETF) and ISHARES 20+ YEAR TREASURY BOND BUYWRITE STRATEGY ETF (TLTW, ETF).

FPEI vs TLTW - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FPEI(ETF)	TLTW(ETF)
Net Assets	$1.90B	$2B
Expense Ratio	0.85%	0.35%
Max Drawdown	27.77%	45.81%
Sharpe Ratio	1.14	0.83
5Y Beta	0.15	0.09
5Y Dividends CAGR	3.10%	N/A

Net Assets

FPEI

$1.90B

Winner

TLTW

$2B

Expense Ratio

FPEI

0.85%

Winner

TLTW

0.35%

Max Drawdown

Winner

FPEI

27.77%

TLTW

45.81%

Sharpe Ratio

Winner

FPEI

1.14

TLTW

0.83

5Y Beta

FPEI

0.15

Winner

TLTW

0.09

5Y Dividends CAGR

FPEI

3.10%

TLTW

N/A

FPEI vs TLTW - Historical Returns

Returns include dividend reinvestment.

Period	FPEI	TLTW
1 month	+1.06%	+4.05%
3 months	+1.98%	+1.50%
6 months	+2.11%	+2.18%
1 year	+8.10%	+9.84%
5 years(CAGR)	+4.25%	N/A
10 years(CAGR)	+5.02%	N/A
Max(CAGR)	+5.02%	+0.10%

FPEI

+1.06%

Winner

TLTW

+4.05%

Winner

FPEI

+1.98%

TLTW

+1.50%

FPEI

+2.11%

Winner

TLTW

+2.18%

FPEI

+8.10%

Winner

TLTW

+9.84%

5Y(CAGR)

FPEI

+4.25%

TLTW

N/A

10Y(CAGR)

FPEI

+5.02%

TLTW

N/A

Max(CAGR)

Winner

FPEI

+5.02%

TLTW

+0.10%

FPEI vs TLTW - Annual Returns (2017 - 2026)

Returns include dividend reinvestment.

Year	FPEI	TLTW
2026	+1.75%	+3.00%
2025	+9.64%	+11.03%
2024	+11.19%	-1.97%
2023	+5.88%	-0.97%
2022	-8.28%	-11.09%
2021	+4.74%	N/A
2020	+6.95%	N/A
2019	+16.30%	N/A
2018	-4.22%	N/A
2017	+2.22%	N/A

FPEI vs TLTW Drawdown Comparison

The maximum drawdown for FPEI was -27.51%, occurring on Mar 23, 2020. Recovery took 184 trading sessions.

The maximum drawdown for TLTW was -18.58%, occurring on Oct 19, 2023. Recovery took 870 trading sessions.

The current FPEI drawdown is -0.03%. The current TLTW drawdown is -1.57%.

Rank	FPEI	TLTW
#1	-27.51% Feb 18, 2020 - Nov 6, 2020	-18.58% Aug 26, 2022 - Feb 17, 2026
#2	-16.45% Sep 22, 2021 - Mar 20, 2024	-5.97% Feb 27, 2026 - May 19, 2026
#3	-6.01% Jan 26, 2018 - Mar 29, 2019	-0.98% Aug 22, 2022 - Aug 25, 2022
#4	-4.26% Feb 28, 2025 - May 13, 2025	-0.21% Feb 19, 2026 - Feb 23, 2026
#5	-3.62% Feb 20, 2026 - Jun 1, 2026	-0.13% Feb 17, 2026 - Feb 19, 2026
#6	-1.98% Feb 18, 2021 - Apr 13, 2021	N/A
#7	-1.92% Mar 26, 2024 - May 6, 2024	N/A
#8	-1.56% Dec 11, 2024 - Feb 5, 2025	N/A
#9	-1.21% Sep 30, 2024 - Dec 6, 2024	N/A
#10	-1.13% Nov 3, 2017 - Dec 29, 2017	N/A
#11	-0.97% Aug 1, 2024 - Aug 13, 2024	N/A
#12	-0.92% Oct 28, 2025 - Nov 28, 2025	N/A
#13	-0.92% Jul 29, 2019 - Aug 22, 2019	N/A
#14	-0.79% May 19, 2025 - May 29, 2025	N/A
#15	-0.78% May 2, 2019 - Jun 6, 2019	N/A