PFF vs FPE

APFF

BFPE

Measures won1–5FPE wins · of 6 · 5Y

$10,000 · 5Y$11,597CWB · FPE $11,304

Lowest cost0.40%CWB · $40 on $10k

Most income6.24%FPE · $624 on $10k

Smallest drop−4.4%FPE · worst fall in 1Y

Held in common12.2%PFF and FPE

PFF

FPE

iShares Preferred and Income Securities ETF · $11.6BFirst Trust Preferred Securities and Income ETF · $5.8B

+5.2%3 years · per year$11,631 · $13,018+9.2%

−0.4%5 years · per year$9,815 · $11,304+2.5%

0.45%Expense ratio$45 · $83 on $10k · lower wins0.83%

5.73%12-mo yield$573 · $624 on $10k6.24%

−8.6%Worst dropSmaller wins−4.4%

8.1%VolatilityLower wins4.5%

1–5FPE wins

$10,000 · 5 yearsAll three, one scale

Shared top holdingsPFF · FPE

2.1%WFC-PL1.6%

0.4%BAC-PM0.4%

0.4%XELLL1.2%

0.4%ATH-PA0.8%

Held in common12.2%

End-of-day Nov 9, 2026 · $10,000 5 years ago, dividends reinvested · ● winner of the row · each row scaled to the bigger of the two

All Three

5Y3 funds

#
1	CWB	State Street SPDR Bloomberg Convertible Securities ETFRead Desk	0.40%	1.81%	+1.8%	+5.7%	+3.3%	+14.4%	+3.0%	−17.4%	$4.8B
2	BFPE	First Trust Preferred Securities and Income ETFRead Desk	0.83%	6.24%	+1.5%	−0.1%	+0.6%	+9.2%	+2.5%	−4.4%	$5.8B
3	APFF	iShares Preferred and Income Securities ETFRead Desk	0.45%	5.73%	+1.2%	−3.3%	−2.5%	+5.2%	−0.4%	−8.6%	$11.6B

End-of-day Nov 9, 2026 · total return, dividends in · 3Y and 5Y per year · A and B = the pair in versus

All Three

5Y3 funds

#
1	CWB	State Street SPDR Bloomberg Convertible Securities ETFRead Desk	0.40%	1.81%	+1.8%	+5.7%	+3.3%	+14.4%	+3.0%	−17.4%	$4.8B
2	BFPE	First Trust Preferred Securities and Income ETFRead Desk	0.83%	6.24%	+1.5%	−0.1%	+0.6%	+9.2%	+2.5%	−4.4%	$5.8B
3	APFF	iShares Preferred and Income Securities ETFRead Desk	0.45%	5.73%	+1.2%	−3.3%	−2.5%	+5.2%	−0.4%	−8.6%	$11.6B

End-of-day Nov 9, 2026 · total return, dividends in · 3Y and 5Y per year · A and B = the pair in versus

Cards for this view

PFF vs FPE

PFF

iShares Preferred and Income Securities

$9,815

FPE

First Trust Preferred Securities and Income

$11,304

MeasurePFFFPE

Fee0.45%0.83%

Cost on $10k a year$45$83

Yield5.73%6.24%

5 years, per year−0.4%+2.5%

3 years, per year+5.2%+9.2%

Worst drop · 1Y−8.6%−4.4%

Volatility · 1Y8.1%4.5%

5–1measures won
FPE first

12.2%

holdings shared

Nov 9, 2026 · $10,000 five years ago, dividends reinvested

SCHD vs VIG

YTD

SchwabSCHD

+33.2%

VIGVanguard

+14.8%

+33.2%Year to date+14.8%

3.0%Yield1.5%

$122BAssets$109B

2–0SCHD wins

End-of-day Nov 9, 2026

JEPQ vs JEPI

YTD

J.P. MorganJEPQ

+6.6%

JEPIJ.P. Morgan

+7.5%

+6.6%Year to date+7.5%

12.4%Yield7.9%

$40.7BAssets$45.2B

1–1level

End-of-day Nov 9, 2026

SPYM vs SPY

YTD

SPDRSPYM

+11.3%

SPYSPDR

+11.2%

+11.3%Year to date+11.2%

1.0%Yield1.0%

$179BAssets$778B

1–0SPYM wins

End-of-day Nov 9, 2026

Overlap: PFF, FPE, CWB

Today

12.2%most shared, PFF and FPE

PFFFPECWB

PFF—12.2%9.7%

FPE12.2%—1.1%

CWB9.7%1.1%—

End-of-day Nov 9, 2026 · share held in common · outlined: the pair in versus

Income After Fees on $10,000

$541most kept, FPE

FPE$624 − $83 = $541

PFF$573 − $45 = $528

CWB$181 − $40 = $141

KeptFee

End-of-day Nov 9, 2026 · yield in dollars minus the fee