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ETF comparison

FPE vs PFXF

Both Preferred Securities.

First Trust Preferred Securities and Income ETF · VanEck Preferred Securities ex Financials ETF

Holdings overlap

Weighted by ISIN/CUSIP
8.5 %

33 positions appear in both funds. Buying equal dollars of FPE and PFXF would leave roughly 8.5% of each dollar exposed to the same underlying securities.

FPE only 90.2% Shared 8.5% PFXF only 93.3%
In FPE only
226 positions
Shared
33 positions
In PFXF only
81 positions

Side by side

FPE

First Trust Preferred Securities and Income ETF

First Trust · Preferred Securities

56 composite / 100
Expense ratio
0.83%
Net assets
$6.32B
TTM yield
5.93%
Top-10 conc.
14.9%
PFXF

VanEck Preferred Securities ex Financials ETF

VanEck · Preferred Securities

63 composite / 100
Expense ratio
0.40%
Net assets
$2.63B
TTM yield
6.49%
Top-10 conc.
40.1%

Sub-score comparison

17
Cost
60
61
Tax efficiency
60
91
Liquidity
75
93
Concentration
57
—
Tracking quality
—
FPE sub-score PFXF

Tracking quality isn't part of the composite — see what we don't score for why.

Cost difference

PFXF is 43 bps cheaper than FPE. On a $100,000 position that's about $430/yr more in fees for FPE.

Fee figure is the annual expense charged on $100,000. To see how the gap compounds over a multi-decade holding period, open the cost calculator pre-filled with FPE vs PFXF.

Top shared holdings

33 shared in total
# Holding In FPE In PFXF Overlap
1 XCEL ENERGY INC 1.25% 1.24% 1.24%
2 NEXTERA ENERGY CAPITAL HOLDINGS INC 1.40% 1.21% 1.21%
3 DTE ENERGY COMPANY 1.01% 0.80% 0.80%
4 T-MOBILE USA INC 1.09% 0.48% 0.48%
5 T-MOBILE USA INC 0.85% 0.47% 0.47%
6 CMS ENERGY CORP 0.35% 0.34% 0.34%
7 SOUTHERN COMPANY (THE) 0.33% 0.79% 0.33%
8 SEMPRA 0.26% 0.87% 0.26%
9 ANNALY CAPITAL MANAGEMENT INC 0.24% 0.39% 0.24%
10 AT&T INC 0.24% 1.57% 0.24%
11 CMS ENERGY CORP 0.22% 0.78% 0.22%
12 TRANSCANADA PIPELINES LTD 0.21% 0.49% 0.21%

Only in FPE

226 total
  • BANK OF AMERICA CORP 2.52%
  • WELLS FARGO & COMPANY 2.07%
  • BARCLAYS PLC 1.65%
  • JP MORGAN CHASE & COMPANY 1.35%
  • CREDIT AGRICOLE SA 1.23%
  • CITIGROUP INC 1.20%
  • BNP PARIBAS SA 1.13%
  • COREBRIDGE FINANCIAL INC 1.08%
  • CHARLES SCHWAB CORP (THE) 1.07%
  • HARTFORD INSURANCE GROUP INC (THE) 1.06%

Only in PFXF

81 total
  • BOEING CO/THE 9.11%
  • ORACLE CORP 6.28%
  • ALBEMARLE CORP 4.62%
  • STRATEGY INC 3.92%
  • NEXTERA ENERGY INC 3.13%
  • SOUTHERN CO 2.87%
  • State Street Global Advisors 2.87%
  • HP ENTERPRISE CO 2.70%
  • MICROCHIP TECHNOLOGY INC 2.36%
  • NEXTERA ENERGY INC 2.20%

Open FPE or PFXF at a brokerage

Both funds trade commission-free at major US brokerages.

Open at Fidelity

Affiliate links — opening an account through these earns PlainIndex a one-time referral. Scoring is computed before any affiliate consideration; see our methodology and funding disclosure.

Holdings overlap is the sum of min(weight_a, weight_b) over positions matched on ISIN (CUSIP fallback). Methodology: see /methodology/.

Comparing two funds doesn't endorse swapping one for the other. Tax-lot history, account type, and personal goals matter — PlainIndex publishes data and methodology, not investment advice.