IBTI vs FPEI

Comparison between ISHARES IBONDS DEC 2028 TERM TREASURY ETF (IBTI, ETF) and FIRST TRUST INSTITUTIONAL PREFERRED SECURITIES AND INCOME ETF (FPEI, ETF).

5-Year PerformanceFPEI has outperformed IBTI, delivering a return of +4.0% compared to +0.1%

IBTI vs FPEI - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	IBTI(ETF)	FPEI(ETF)
Net Assets	$1.90B	$1.90B
Expense Ratio	0.07%	0.85%
Max Drawdown	20.83%	27.77%
Sharpe Ratio	-0.75	0.50
5Y Beta	-0.02	0.15
5Y Dividends CAGR	32.76%	4.86%

Net Assets

IBTI

$1.90B

FPEI

$1.90B

Expense Ratio

Winner

IBTI

0.07%

FPEI

0.85%

Max Drawdown

Winner

IBTI

20.83%

FPEI

27.77%

Sharpe Ratio

IBTI

-0.75

Winner

FPEI

0.50

5Y Beta

Winner

IBTI

-0.02

FPEI

0.15

5Y Dividends CAGR

Winner

IBTI

32.76%

FPEI

4.86%

IBTI vs FPEI - Historical Returns

Returns include dividend reinvestment.

Period	IBTI	FPEI
1 month	+0.61%	+0.67%
3 months	+0.83%	+0.85%
6 months	+0.45%	+0.72%
1 year	+2.76%	+5.66%
5 years(CAGR)	+0.12%	+4.00%
10 years(CAGR)	N/A	+4.95%
Max(CAGR)	+0.32%	+4.95%

IBTI

+0.61%

Winner

FPEI

+0.67%

IBTI

+0.83%

Winner

FPEI

+0.85%

IBTI

+0.45%

Winner

FPEI

+0.72%

IBTI

+2.76%

Winner

FPEI

+5.66%

5Y(CAGR)

IBTI

+0.12%

Winner

FPEI

+4.00%

10Y(CAGR)

IBTI

N/A

FPEI

+4.95%

Max(CAGR)

IBTI

+0.32%

Winner

FPEI

+4.95%

IBTI vs FPEI - Annual Returns (2017 - 2026)

Returns include dividend reinvestment.

Year	IBTI	FPEI
2026	+1.03%	+2.10%
2025	+6.24%	+9.64%
2024	+2.84%	+11.19%
2023	+4.22%	+5.88%
2022	-10.75%	-8.28%
2021	-3.53%	+4.74%
2020	+3.65%	+6.95%
2019	N/A	+16.30%
2018	N/A	-4.22%
2017	N/A	+2.22%

IBTI vs FPEI Drawdown Comparison

The maximum drawdown for IBTI was -18.46%, occurring on Oct 20, 2022. This drawdown has not yet recovered.

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

The current IBTI drawdown is -3.18%. The current FPEI drawdown is -0.12%.

Rank	IBTI	FPEI
#1	-18.46% Aug 4, 2020 - Oct 20, 2022	-27.51% Feb 18, 2020 - Nov 6, 2020
#2	-4.63% Mar 9, 2020 - Apr 1, 2020	-16.45% Sep 22, 2021 - Mar 20, 2024
#3	-1.69% Apr 21, 2020 - Jul 17, 2020	-6.01% Jan 26, 2018 - Mar 29, 2019
#4	-0.94% Apr 3, 2020 - Apr 15, 2020	-4.26% Feb 28, 2025 - May 13, 2025
#5	-0.21% Apr 16, 2020 - Apr 20, 2020	-3.62% Feb 20, 2026 - Jun 1, 2026
#6	-0.19% Jul 23, 2020 - Jul 28, 2020	-1.98% Feb 18, 2021 - Apr 13, 2021
#7	-0.12% Jul 31, 2020 - Aug 4, 2020	-1.92% Mar 26, 2024 - May 6, 2024
#8	-0.04% Mar 3, 2020 - Mar 5, 2020	-1.56% Dec 11, 2024 - Feb 5, 2025
#9	-0.04% Apr 1, 2020 - Apr 3, 2020	-1.21% Sep 30, 2024 - Dec 6, 2024
#10	N/A	-1.13% Nov 3, 2017 - Dec 29, 2017
#11	N/A	-0.97% Aug 1, 2024 - Aug 13, 2024
#12	N/A	-0.92% Oct 28, 2025 - Nov 28, 2025
#13	N/A	-0.92% Jul 29, 2019 - Aug 22, 2019
#14	N/A	-0.88% Jul 6, 2026 - Jul 29, 2026
#15	N/A	-0.79% May 19, 2025 - May 29, 2025