FPEI vs TY

Comparison between FIRST TRUST INSTITUTIONAL PREFERRED SECURITIES AND INCOME ETF (FPEI, ETF) and Tri-Continental Corp (TY, ETF).

5-Year PerformanceTY has outperformed FPEI, delivering a return of +10.6% compared to +4.0%

FPEI vs TY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FPEI(ETF)	TY(ETF)
Net Assets	$1.90B	$2B
Expense Ratio	0.85%	N/A
Max Drawdown	27.77%	78.22%
Sharpe Ratio	0.88	1.61
5Y Beta	0.15	0.71
5Y Dividends CAGR	2.60%	12.25%

Net Assets

FPEI

$1.90B

Winner

$2B

Expense Ratio

FPEI

0.85%

N/A

Max Drawdown

Winner

FPEI

27.77%

78.22%

Sharpe Ratio

FPEI

0.88

Winner

1.61

5Y Beta

Winner

FPEI

0.15

0.71

5Y Dividends CAGR

FPEI

2.60%

Winner

12.25%

FPEI vs TY - Historical Returns

Returns include dividend reinvestment.

Period	FPEI	TY
1 month	+0.13%	-1.32%
3 months	+1.14%	+5.60%
6 months	+1.49%	+7.63%
1 year	+7.27%	+20.59%
5 years(CAGR)	+4.05%	+10.65%
10 years(CAGR)	+4.99%	+13.99%
Max(CAGR)	+4.99%	+6.11%

Winner

FPEI

+0.13%

-1.32%

FPEI

+1.14%

Winner

+5.60%

FPEI

+1.49%

Winner

+7.63%

FPEI

+7.27%

Winner

+20.59%

5Y(CAGR)

FPEI

+4.05%

Winner

+10.65%

10Y(CAGR)

FPEI

+4.99%

Winner

+13.99%

Max(CAGR)

FPEI

+4.99%

Winner

+6.11%

FPEI vs TY - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	FPEI	TY
2026	+1.85%	+9.41%
2025	+9.64%	+17.62%
2024	+11.19%	+22.64%
2023	+5.88%	+17.19%
2022	-8.28%	-16.33%
2021	+4.74%	+31.10%
2020	+6.95%	+12.05%
2019	+16.30%	+28.15%
2018	-4.22%	-5.84%
2017	+2.22%	+27.70%
2016	N/A	+16.71%
2015	N/A	-2.05%
2014	N/A	+11.95%
2013	N/A	+26.03%
2012	N/A	+15.67%
2011	N/A	+4.25%
2010	N/A	+20.29%
2009	N/A	+16.94%
2008	N/A	-44.86%
2007	N/A	+3.50%
2006	N/A	+20.29%
2005	N/A	+4.01%
2004	N/A	+12.95%
2003	N/A	+21.39%
2002	N/A	-28.57%
2001	N/A	-3.49%
2000	N/A	-21.17%
1999	N/A	-8.03%

FPEI vs TY Drawdown Comparison

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

The maximum drawdown for TY was -67.68%, occurring on Mar 9, 2009. Recovery took 3488 trading sessions.

The current FPEI drawdown is -0.36%. The current TY drawdown is -1.32%.

Rank	FPEI	TY
#1	-27.51% Feb 18, 2020 - Nov 6, 2020	-67.68% Dec 7, 1999 - Oct 18, 2013
#2	-16.45% Sep 22, 2021 - Mar 20, 2024	-38.60% Feb 12, 2020 - Nov 13, 2020
#3	-6.01% Jan 26, 2018 - Mar 29, 2019	-20.75% Dec 27, 2021 - Feb 9, 2024
#4	-4.26% Feb 28, 2025 - May 13, 2025	-17.72% Apr 24, 2015 - Jul 13, 2016
#5	-3.62% Feb 20, 2026 - Jun 1, 2026	-17.66% Oct 1, 2018 - Apr 3, 2019
#6	-1.98% Feb 18, 2021 - Apr 13, 2021	-16.08% Jan 24, 2025 - Jun 27, 2025
#7	-1.92% Mar 26, 2024 - May 6, 2024	-8.00% Jan 24, 2018 - Aug 7, 2018
#8	-1.56% Dec 11, 2024 - Feb 5, 2025	-7.84% Sep 5, 2014 - Nov 3, 2014
#9	-1.21% Sep 30, 2024 - Dec 6, 2024	-6.80% Feb 10, 2026 - Apr 14, 2026
#10	-1.13% Nov 3, 2017 - Dec 29, 2017	-6.34% Jul 31, 2024 - Aug 19, 2024
#11	-0.97% Aug 1, 2024 - Aug 13, 2024	-6.33% Dec 26, 2013 - Mar 31, 2014
#12	-0.92% Oct 28, 2025 - Nov 28, 2025	-6.25% May 3, 2019 - Jun 20, 2019
#13	-0.92% Jul 29, 2019 - Aug 22, 2019	-5.93% Jul 29, 2019 - Oct 25, 2019
#14	-0.79% May 19, 2025 - May 29, 2025	-5.06% Mar 28, 2024 - May 20, 2024
#15	-0.78% May 2, 2019 - Jun 6, 2019	-4.55% Nov 26, 2014 - Dec 23, 2014

Correlation

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

0.97

-101

Dividend Comparison (1999 - 2026)

FPEI vs TY dividend yield comparison.

Year	FPEI	TY
2026	2.85%	1.62%
2025	5.62%	11.97%
2024	5.55%	10.61%
2023	5.76%	4.36%
2022	5.20%	8.71%
2021	4.46%	14.13%
2020	4.90%	6.25%
2019	5.02%	6.86%
2018	5.81%	8.13%
2017	1.50%	4.69%
2016	0.00%	4.12%
2015	0.00%	4.05%
2014	0.00%	3.51%
2013	0.00%	3.38%
2012	0.00%	3.74%
2011	0.00%	1.93%
2010	0.00%	1.81%
2009	0.00%	3.32%
2008	0.00%	21.44%
2007	0.00%	11.69%
2006	0.00%	1.25%
2005	0.00%	1.29%
2004	0.00%	1.26%
2003	0.00%	1.04%
2002	0.00%	1.96%
2001	0.00%	7.43%
2000	0.00%	1.56%
1999	0.00%	0.43%