---
ticker: "FPE"
name: "First Trust Preferred Securities and Income ETF"
url: "https://etf.net/etf/FPE"
grade: "B"
score: 59
graded_at: "2026-10-12"
category: "Preferred Securities"
category_rank: "10 of 31"
methodology: "https://etf.net/methodology"
---

# FPE: First Trust Preferred Securities and Income ETF

Grade **B**, Score 59 of 100. Rank 10 of 31 in Preferred Securities.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 13 | 27 of 31 |
| Mission | 90 | 1 of 26 |
| Risk | 59 | 14 of 31 |
| Tradability | 77 | 6 of 31 |
| Holdings | 78 | 5 of 29 |
| Durability | 91 | 2 of 31 |

## Top holdings

The fund holds 265 positions. These are the largest 30, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | — | BANK OF AMERICA CORP Variable rate | 2.66% |
| 2 | WFC-PL | Wells Fargo & Company, Series L, 7.500% | 1.88% |
| 3 | — | BARCLAYS PLC Variable rate | 1.74% |
| 4 | — | CITIGROUP INC Series HH, Variable rate | 1.37% |
| 5 | — | NextEra Energy Capital Holdings, Inc., Series U, 6.500%, Due 06/01/2085 | 1.30% |
| 6 | — | JPMORGAN CHASE & CO Variable rate | 1.27% |
| 7 | — | BNP PARIBAS Variable rate | 1.26% |
| 8 | — | CREDIT AGRICOLE SA Variable rate | 1.22% |
| 9 | XELLL | Xcel Energy Inc., 6.250%, Due 10/15/2085 | 1.17% |
| 10 | — | VERIZON COMMUNICATIONS Variable rate, due 02/15/2057 | 1.15% |
| 11 | — | CHARLES SCHWAB CORP Series H, Variable rate | 1.13% |
| 12 | — | GOLDMAN SACHS GROUP INC Variable rate | 1.11% |
| 13 | — | BANK OF MONTREAL Variable rate, due 05/26/2084 | 1.07% |
| 14 | CRBD | Corebridge Financial, Inc., 6.375%, Due 12/15/2064 | 1.06% |
| 15 | ESGRP | Enstar Group Limited, Series D, 7.000%, Variable Rate | 1.03% |
| 16 | — | ING GROEP NV Variable rate | 0.97% |
| 17 | — | BANCO SANTANDER SA Variable rate | 0.97% |
| 18 | TMUSZ | T-Mobile USA Inc., 5.50%, Due 03/01/2070 | 0.96% |
| 19 | AEFC | Aegon Funding Company LLC, 5.100%, Due 12/15/2049 | 0.95% |
| 20 | — | BELL CANADA Variable rate, due 09/15/2055 | 0.94% |
| 21 | DTK | DTE Energy Company, Series H, 6.25%, Due 10/01/2085 | 0.93% |
| 22 | — | DOMINION ENERGY INC Variable rate, due 05/15/2055 | 0.92% |
| 23 | FGSN | F&G Annuities & Life, Inc., 7.30%, Due 01/15/2065 | 0.91% |
| 24 | — | ROYAL BANK OF CANADA Variable rate, due 08/24/2085 | 0.90% |
| 25 | — | BNP PARIBAS Variable rate | 0.90% |
| 26 | — | AMERICAN ELECTRIC POWER 6.95%, due 12/15/2054 | 0.89% |
| 27 | — | HSBC HOLDINGS PLC Variable rate | 0.81% |
| 28 | — | HUNTINGTON BANCSHARES Variable rate | 0.79% |
| 29 | — | BANK OF NOVA SCOTIA Variable rate, due 01/27/2084 | 0.78% |
| 30 | — | LLOYDS BANKING GROUP PLC Variable rate | 0.76% |

Source: etf.net, https://etf.net/etf/FPE. Please cite the page URL.