Overview Performance Dividends Correlations

2 Stock and 98 ETF FPEI (FIRST TRUST INSTITUTIONAL PREFERRED SECURITIES AND INCOME ETF) alternatives

The most close FPEI (FIRST TRUST INSTITUTIONAL PREFERRED SECURITIES AND INCOME ETF) alternative is ETF CEFZ (RIVERNORTH ACTIVE INCOME ETF). The correlation is 0.987.

Stocks that highly correlated with FPEI

Symbol	Name	Market cap	Sector	Industry	Correlation
NPFD	Nuveen Variable Rate Preferred & Income Fund	$451M	Financial Services	Asset Management	0.89
VYLD	J P Morgan Chase & Co Inverse VIX ShortTerm Futures ETNs due March 22 2045	$81B	N/A	N/A	0.89

ETFs that highly correlated with FPEI

Symbol	Name	AUM	Expense Ratio	Inception Date	Correlation
CEFZ	RIVERNORTH ACTIVE INCOME ETF	$40M	3.36%	Dec 27, 2006	0.99
FPE	FIRST TRUST PREFERRED SECURITIES AND INCOME ETF	$6.30B	0.83%	Feb 11, 2013	0.98
PREF	PRINCIPAL SPECTRUM PREFERRED SECURITIES ACTIVE ETF	$1.80B	0.55%	Jul 10, 2017	0.96
QTPI	NORTH SQUARE RCIM TAX-ADVANTAGED PREFERRED AND INCOME SECURITIES ETF	$78M	0.60%	Dec 18, 2024	0.95
JIII	JANUS HENDERSON INCOME ETF	$186M	0.54%	Nov 12, 2024	0.94
HYSA	BONDBLOXX USD HIGH YIELD BOND SECTOR ROTATION ETF	$52M	0.55%	Sep 18, 2023	0.94
NPFI	NUVEEN PREFERRED AND INCOME ETF	$170M	0.56%	Mar 5, 2024	0.94
JHPI	JOHN HANCOCK PREFERRED INCOME ETF	$207M	0.54%	Dec 14, 2021	0.94
HYFI	AB HIGH YIELD ETF	$331M	0.40%	Jul 26, 2016	0.93
VRP	INVESCO VARIABLE RATE PREFERRED ETF	$3B	0.50%	May 1, 2014	0.93
BINC	BlackRock Flexible Income ETF	$16B	0.40%	May 19, 2023	0.92
PRFD	PIMCO PREFERRED AND CAPITAL SECURITIES ACTIVE EXCHANGE-TRADED FUND	$223M	0.73%	Jan 18, 2023	0.92
PQDI	PRINCIPAL SPECTRUM TAX-ADVANTAGED DIVIDEND ACTIVE ETF	$70M	0.60%	Jun 16, 2020	0.92
FPF	First Trust Intermediate Duration Preferred & Income Fund	$1.20B	N/A	N/A	0.92
IBHL	ISHARES IBONDS 2032 TERM HIGH YIELD AND INCOME ETF	$24M	0.35%	Mar 25, 2025	0.92
YYY	AMPLIFY CEF HIGH INCOME ETF	$721M	3.23%	Jun 12, 2012	0.92
DMX	DOUBLELINE MULTI-SECTOR INCOME ETF	$97M	0.50%	Nov 29, 2024	0.92
PCEF	INVESCO CEF INCOME COMPOSITE ETF	$831M	2.71%	Feb 19, 2010	0.92
BSJV	Invesco BulletShares 2031 High Yield Corporate Bond ETF	$94M	0.42%	Sep 20, 2023	0.92
JPC	Nuveen Preferred & Income Opportunities Fund	$2.90B	N/A	N/A	0.92
CSPF	COHEN & STEERS PREFERRED AND INCOME OPPORTUNITIES ACTIVE ETF	$276M	0.59%	Feb 4, 2025	0.91
PFLD	AAM LOW DURATION PREFERRED AND INCOME SECURITIES ETF	$420M	0.45%	Nov 19, 2019	0.91
PMMR	PGIM S&P 500 MAX BUFFER ETF - MARCH	$5.40M	0.50%	Feb 28, 2025	0.91
SCYB	SCHWAB HIGH YIELD BOND ETF	$2.70B	0.03%	Jul 10, 2023	0.91
JGH	Nuveen Global High Income Fund	$386M	N/A	N/A	0.91
NBFC	NEUBERGER BERMAN FLEXIBLE CREDIT INCOME ETF	$75M	0.40%	Jun 24, 2024	0.90
ZMAR	Innovator Equity Defined Protection ETF 1 Yr March	$115M	0.79%	Feb 28, 2025	0.90
HYGV	FLEXSHARES HIGH YIELD VALUE-SCORED BOND INDEX FUND	$1.10B	0.37%	Jul 17, 2018	0.90
LDP	Cohen & Steers Ltd Duration Preferred and Income Fund Inc	$651M	N/A	N/A	0.90
FPFD	FIDELITY PREFERRED SECURITIES & INCOME ETF	$81M	0.59%	Jun 15, 2021	0.90
FCEF	FIRST TRUST INCOME OPPORTUNITIES ETF	$79M	3.69%	Sep 27, 2016	0.90
PFFR	INFRACAP REIT PREFERRED ETF	$115M	0.45%	Feb 7, 2017	0.90
TRIO	MC TRIO EQUITY BUFFERED ETF	$119M	0.70%	Mar 5, 2025	0.90
EAD	Allspring Income Opportunities Fund	$426M	N/A	N/A	0.90
GHY	PGIM Global High Yield Fund Inc	$531M	N/A	N/A	0.90
FLC	Flaherty & Crumrine Total Return Fund Inc	$195M	N/A	N/A	0.90
HYDB	ISHARES HIGH YIELD SYSTEMATIC BOND ETF	$1.60B	0.35%	Jul 11, 2017	0.90
SPHY	STATE STREET(R) SPDR(R) PORTFOLIO HIGH YIELD BOND ETF	$11B	0.05%	Jun 18, 2012	0.90
GPRF	GOLDMAN SACHS ACCESS U.S. PREFERRED STOCK AND HYBRID SECURITIES ETF	$105M	0.45%	Jul 30, 2024	0.90
FALN	ISHARES FALLEN ANGELS USD BOND ETF	$1.60B	0.25%	Jun 14, 2016	0.90
FLHY	FRANKLIN HIGH YIELD CORPORATE ETF	$1.20B	0.40%	May 30, 2018	0.89
IYLD	ISHARES MORNINGSTAR MULTI-ASSET INCOME ETF	$126M	0.50%	Apr 3, 2012	0.89
HYUP	XTRACKERS HIGH BETA HIGH YIELD BOND ETF	$46M	0.20%	Jan 11, 2018	0.89
IRTR	ISHARES LIFEPATH RETIREMENT ETF	$57M	0.08%	Oct 17, 2023	0.89
SJNK	STATE STREET(R) SPDR BLOOMBERG SHORT TERM HIGH YIELD BOND ETF	$4.90B	0.40%	Mar 14, 2012	0.89
BBHY	JPMORGAN BETABUILDERS USD HIGH YIELD CORPORATE BOND ETF	$611M	0.07%	Sep 15, 2016	0.89
PHYL	PGIM ACTIVE HIGH YIELD BOND ETF	$1.30B	0.39%	Sep 24, 2018	0.89
BLW	BlackRock Ltd Duration Income Trust	$518M	N/A	N/A	0.89
MILK	PACER US CASH COWS BOND ETF	$18M	0.49%	Dec 17, 2024	0.89
INKM	STATE STREET(R)INCOME ALLOCATION ETF	$72M	0.50%	Apr 25, 2012	0.89
USHY	ISHARES BROAD USD HIGH YIELD CORPORATE BOND ETF	$29B	0.08%	Oct 25, 2017	0.89
ISD	PGIM High Yield Bond Fund Inc	$457M	N/A	N/A	0.89
BHYB	XTRACKERS USD HIGH YIELD BB-B EX FINANCIALS ETF	$2.40B	0.20%	Oct 26, 2023	0.89
YFYA	YIELDS FOR YOU INCOME STRATEGY A ETF	$23M	1.25%	Jan 30, 2025	0.89
NFLT	VIRTUS NEWFLEET MULTI-SECTOR BOND ETF	$439M	0.50%	Aug 10, 2015	0.89
ZHOG	F/m Opportunistic Income ETF	$46M	0.43%	Sep 5, 2023	0.89
HYT	BlackRock Corporate High Yield Fund Inc	$1.80B	N/A	N/A	0.89
JNK	STATE STREET(R) SPDR(R) BLOOMBERG HIGH YIELD BOND ETF	$7.30B	0.40%	Nov 28, 2007	0.89
PFFL	ETRACS 2xMonthly Pay Leveraged Preferred Stock Index ETN due September 25 2048	$4.50M	N/A	Sep 26, 2018	0.88
AINP	ALLSPRING INCOME PLUS ETF	$217M	0.36%	Dec 4, 2024	0.88
BSJR	INVESCO BULLETSHARES 2027 HIGH YIELD CORPORATE BOND ETF	$854M	0.42%	Sep 12, 2019	0.88
DFP	Flaherty & Crumrine Dynamic Preferred and Income Fund Inc	$461M	N/A	N/A	0.88
HYI	Western Asset High Yield Defined Opportunity Fund Inc	$148M	N/A	N/A	0.88
RDTY	YIELDMAX(R) R2000 0DTE COVERED CALL STRATEGY ETF	$26M	1.73%	Mar 5, 2025	0.88
HYS	PIMCO 0-5 YEAR HIGH YIELD CORPORATE BOND INDEX EXCHANGE-TRADED FUND	$1.70B	0.56%	Jun 16, 2011	0.88
DUKH	Ocean Park High Income ETF	$22M	1.07%	Jul 10, 2024	0.88
QHY	WISDOMTREE U.S. HIGH YIELD CORPORATE BOND FUND	$238M	0.38%	Apr 27, 2016	0.88
ITDB	ISHARES LIFEPATH TARGET DATE 2030 ETF	$74M	0.09%	Oct 17, 2023	0.88
CEFS	SABA CLOSED-END FUNDS ETF	$427M	2.61%	Mar 20, 2017	0.88
ASLV	ALLSPRING SPECIAL LARGE VALUE ETF	$228M	0.35%	Mar 26, 2025	0.88
SHYL	XTRACKERS SHORT DURATION HIGH YIELD BOND ETF	$266M	0.20%	Jan 9, 2018	0.88
YLD	PRINCIPAL ACTIVE HIGH YIELD ETF (FORMERLY PRINCIPAL ACTIVE INCOME ETF)	$573M	0.39%	Jul 8, 2015	0.88
SHYG	ISHARES 0-5 YEAR HIGH YIELD CORPORATE BOND ETF	$7.60B	0.30%	Oct 15, 2013	0.88
PIEQ	PRINCIPAL INTERNATIONAL EQUITY ETF	$1.30B	0.48%	Nov 5, 2024	0.88
NUHY	NUVEEN ESG HIGH YIELD CORPORATE BOND ETF	$108M	0.30%	Sep 25, 2019	0.88
JEMB	JANUS HENDERSON EMERGING MARKETS DEBT HARD CURRENCY ETF	$440M	0.52%	Aug 13, 2024	0.88
PFFA	VIRTUS INFRACAP U.S. PREFERRED STOCK ETF	$2.40B	2.11%	May 15, 2018	0.88
UJB	PROSHARES ULTRA HIGH YIELD	$19M	N/A	Apr 13, 2011	0.88
HYG	ISHARES IBOXX $ HIGH YIELD CORPORATE BOND ETF	$18B	0.49%	Apr 4, 2007	0.88
GHYG	ISHARES US & INTL HIGH YIELD CORP BOND ETF	$199M	0.40%	Apr 3, 2012	0.88
PFF	ISHARES PREFERRED AND INCOME SECURITIES ETF	$13B	0.45%	Mar 26, 2007	0.88
EMD	Western Asset Emerging Markets Debt Fund Inc	$648M	N/A	N/A	0.88
VLT	Invesco High Income Trust II	$71M	N/A	N/A	0.88
HYLB	XTRACKERS USD HIGH YIELD CORPORATE BOND ETF	$3.50B	0.05%	Dec 6, 2016	0.88
IBHJ	ISHARES IBONDS 2030 TERM HIGH YIELD AND INCOME ETF	$148M	0.35%	Jun 21, 2023	0.88
HYLS	FIRST TRUST TACTICAL HIGH YIELD ETF	$1.60B	0.69%	Feb 25, 2013	0.88
BRHY	BlackRock High Yield ETF	$122M	0.45%	Jun 17, 2024	0.88
FFC	Flaherty & Crumrine Preferred and Income Securities Fund Inc	$836M	N/A	N/A	0.87
BCLO	iShares BBBB CLO Active ETF	$74M	0.45%	Jan 29, 2025	0.87
SPFF	GLOBAL X SUPERINCOME PREFERRED ETF	$140M	0.48%	Jul 16, 2012	0.87
BSJQ	INVESCO BULLETSHARES 2026 HIGH YIELD CORPORATE BOND ETF	$942M	0.43%	Aug 9, 2018	0.87
FDHY	FIDELITY ENHANCED HIGH YIELD ETF	$536M	0.35%	Jun 12, 2018	0.87
BGIG	BAHL & GAYNOR INCOME GROWTH ETF	$2.20B	0.45%	Sep 14, 2023	0.87
KMAR	Innovator U.S. Small Cap Power Buffer ETF March	$34M	0.79%	Feb 28, 2025	0.87
WEA	Western Asset Premier Bond Fund	$134M	N/A	N/A	0.87
AOHY	ANGEL OAK HIGH YIELD OPPORTUNITIES ETF	$122M	0.55%	Mar 31, 2009	0.87
EMHY	ISHARES J.P. MORGAN EM HIGH YIELD BOND ETF	$607M	0.50%	Apr 3, 2012	0.87
EVV	Eaton Vance Ltd Duration Income Fund	$1.20B	N/A	N/A	0.87