FPE vs. SPHD - ETF Comparison
FPE - First Trust Preferred Securities & Income ETF
The First Trust Preferred Securities & Income ETF is an actively managed exchange-traded fund that invests in a diversified portfolio of preferred securities and income-generating assets, primarily in the United States. The fund aims to provide investors with a regular income stream and capital appreciation.
SPHD - Invesco S&P 500® High Dividend Low Volatility ETF
The Invesco S&P 500 High Dividend Low Volatility ETF is an equity fund that tracks the S&P Low Volatility High Dividend index, aiming to provide investors with a diversified portfolio of high-dividend stocks with low volatility. The fund's multi-cap approach invests in a range of large-cap, mid-cap, and small-cap stocks, with a focus on financial and utility sectors. With a blend investment style, the fund seeks to balance growth and value, offering a unique combination of dividend yield and volatility reduction.
| FPE | SPHD | |
|---|---|---|
| Fund Name | First Trust Preferred Securities & Income ETF | Invesco S&P 500® High Dividend Low Volatility ETF |
| Fund Provider | First Trust | Invesco |
| Index | Active (No Index) | S&P Low Volatility High Dividend index |
| Asset Class | Equity | Equity |
| Listing | US-listed | US-listed |
| Expense Ratio | 0.85% | 0.30% |
| Inception Date | 2013-02-11 | 2012-10-18 |
| Number Of Holdings | 244 | 51 |
| Currency | USD | USD |
| Region | United States | United States |
| Investment Style | Blend | Blend |
| Market Cap | Blend | Blend |
| Sector | Financials | Financials |
| Sector Detail | Banks | Banks |
| Leveraged | Non-leveraged | Non-leveraged |
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Key Metrics
Performance Metrics
Risk Metrics
Detailed Returns
Benchmark Comparison
Key Metrics
Performance Metrics
Risk Metrics
Detailed Returns
Benchmark Comparison
Performance Analysis
The performance analysis examines historical data to assess the returns of the investment strategy, including key metrics such as Cumulative returns, End of Year (EoY) returns, and risk-adjusted returns like the Sharpe ratio or the Sortino ratio.
Cumulative Returns
End of Year Returns Table
End of Year Returns
Risk Analysis
The risk analysis refers to an assessment of potential negative events that could lead to a loss of capital. Conducting a risk analysis can help in deciding whether an investment should be made. This is done using risk metrics such as drawdowns, volatility and beta which reflect stakeholders' confidence in the consistency of an investment strategy.
Drawdowns
Drawdowns Table
Monte Carlo Simulation
The Monte Carlo simulation is a statistical method used to forecast portfolio returns by generating a wide range of potential outcomes through random sampling from historical asset price data. It helps investors assess the potential risk and return of a portfolio under various market conditions. The simulation takes into account the initial investment and optionally simulates cash flow scenarios like fixed contributions, fixed withdrawals, or percentage withdrawals.
IMPORTANT: The forecast generated through Monte Carlo simulations is purely hypothetical and does not guarantee future returns. Investment decisions should be made with consideration of various factors, and past performance is not indicative of future results.