FEIG vs IPPP
Northern Trust ESG & Climate Investment Grade Corporate Core ETF vs Preferred Plus ETF
Which is better, FEIG or IPPP?
IPPP has been ahead.
FEIG has a lower expense ratio. IPPP led over 1Y 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 | IPPP |
|---|---|---|
| Expense Ratio | 0.12%Best | 1.02% |
| AUM | $50M | $12M |
| Dividend Yield | 5.00% | 5.62% |
| Holdings | 806 | 98 |
| Volatility (annualized) | 9.3%Best | 15.8% |
| Max Drawdown | -15.2%Best | -22.3% |
| $10,000 over 3.5 years | $10,470 | $10,758Best |
| Fund Family | Northern Trust Asset Management | Innovative Portfolios LLC |
| Category | Allocation/Balanced | Allocation/Balanced |
| Style | Preferred Stock | Preferred Stock |
| Inception | Sep 20, 2021 | Dec 24, 2018 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized), Top 10 Weight.
The two price series end 415 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. FEIG has data through Oct 14, 2026 and IPPP through Aug 25, 2025.
Volatility and max drawdown, and the $10,000 over 3.5 years row, are measured over the window both funds cover: Mar 7, 2022 to Aug 25, 2025 (3.5 years).
Risk: Volatility and Drawdowns
IPPP has been the more volatile fund, with annualized monthly volatility of 15.8% compared with 9.3% 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 -15.2% for FEIG and -22.3% for IPPP. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.77. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
FEIG charges 0.12% per year while IPPP charges 1.02%. On a $10,000 position that is $12 vs $102 annually, a gap of $90 per year that compounds over a long holding period. On income, FEIG currently yields 5.00% against 5.62% for IPPP.
You are not choosing between two funds in isolation.
Whichever of FEIG and IPPP 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 IPPP?
FEIG has an expense ratio of 0.12% while IPPP charges 1.02%. FEIG is the cheaper option, by $90 a year on a $10,000 investment.
Which is riskier, FEIG or IPPP?
IPPP has been the more volatile fund at 15.8% annualized versus 9.3% for FEIG. Worst drawdown: FEIG -15.2% vs IPPP -22.3%.
Should I hold both FEIG and IPPP?
FEIG and IPPP have a monthly-return correlation of 0.77, 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 IPPP?
FEIG yields 5.00% while IPPP yields 5.62%, so IPPP currently pays the higher dividend yield.
Is IPPP better than FEIG?
FEIG has a lower expense ratio. IPPP led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.