FEIG vs FPE
Northern Trust ESG & Climate Investment Grade Corporate Core ETF vs First Trust Preferred Securities and Income ETF
Which is better, FEIG or FPE?
FPE has been ahead.
FEIG has a lower expense ratio. FPE led over 1Y, 3Y, 5Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | FEIG | FPE |
|---|---|---|
| Expense Ratio | 0.12%Best | 0.85% |
| AUM | $50M | $5.9B |
| Dividend Yield | 5.00% | 6.14% |
| Holdings | 806 | 260 |
| YTD Return | -3.07% | -2.80%Best |
| 1Y Return | -3.23% | -1.60%Best |
| 3Y Return (annualized) | +5.02% | +8.61%Best |
| 5Y Return (annualized) | -0.74% | +1.89%Best |
| Volatility (annualized) | 8.2%Best | 8.8% |
| Max Drawdown | -22.3% | -19.6%Best |
| $10,000 over 5 years | $9,635 | $10,981Best |
| Fund Family | Northern Trust Asset Management | First Trust Portfolios (US) |
| Category | Allocation/Balanced | Allocation/Balanced |
| Style | Preferred Stock | Preferred Stock |
| Inception | Sep 20, 2021 | Feb 11, 2013 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Sep 21, 2021 to Oct 14, 2026 (5.1 years).
FEIG vs FPE growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 5.1 years both funds cover.
FEIG vs FPE Performance
Northern Trust ESG & Climate Investment Grade Corporate Core ETF (FEIG) is an ETF from Northern Trust Asset Management and First Trust Preferred Securities and Income ETF (FPE) is an ETF from First Trust Portfolios (US). Over the past year FEIG returned -3.23% while FPE returned -1.60%. Year to date, FEIG is down 3.07% versus a loss of 2.80% for FPE.
Over three years, FEIG compounded at +5.02% per year against +8.61% for FPE; over five years the annualized figures are -0.74% and +1.89% respectively.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
FPE has been the more volatile fund, with annualized monthly volatility of 8.8% compared with 8.2% for FEIG. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -22.3% for FEIG and -19.6% for FPE. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.67. They move together some of the time, and apart the rest.
Fees and Cost Over Time
FEIG charges 0.12% per year while FPE charges 0.85%. On a $10,000 position that is $12 vs $85 annually, a gap of $73 per year that compounds over a long holding period. On income, FEIG currently yields 5.00% against 6.14% for FPE.
Holdings Overlap
We hold position weights for 660 holdings in FEIG and 39 in FPE, totalling 74.7% and 8.5% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 660 positions we hold weights for in FEIG and 39 in FPE, against full books of 806 and 260.
You are not choosing between two funds in isolation.
Whichever of FEIG and FPE you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, FEIG or FPE?
FEIG has an expense ratio of 0.12% while FPE charges 0.85%. FEIG is the cheaper option, by $73 a year on a $10,000 investment.
Which performed better, FEIG or FPE?
Over the past year FEIG returned -3.23% vs -1.60% for FPE, so FPE leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FEIG or FPE?
FPE has been the more volatile fund at 8.8% annualized versus 8.2% for FEIG. Worst drawdown: FEIG -22.3% vs FPE -19.6%.
Should I hold both FEIG and FPE?
FEIG and FPE have a monthly-return correlation of 0.67, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, FEIG or FPE?
FEIG yields 5.00% while FPE yields 6.14%, so FPE currently pays the higher dividend yield.
Is FPE better than FEIG?
FEIG has a lower expense ratio. FPE led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.