FPEFirst TrustACTIVE
FIRST TRUST EXCHANGE-TRADED FUND III
$16.93+0.24% vs prior close
16.8918.4652-WK
Price through Oct 26, 2026 · Flows through unavailable. Figures use the latest available records, not a live quote. Fund details retrieved Oct 26, 2026. Holdings snapshot retrieved Oct 26, 2026.
The First Trust Preferred Securities and Income ETF is an actively managed exchange-traded fund. The fund's investment objective is to seek total return and to provide current income. Under normal market conditions, the fund invests at least 80% of its net assets (including investment borrowings) in preferred securities and income-producing debt securities including corporate bonds, high yield securities and convertible securities.
FPE price
Source: Market tape, daily closes; price return, distributions not reinvested
Table
| Date | FPE close |
|---|---|
| Jan 2, 2026 | $18.27 |
| Jan 5, 2026 | $18.28 |
| Jan 6, 2026 | $18.25 |
| Jan 7, 2026 | $18.27 |
| Jan 8, 2026 | $18.29 |
| Jan 9, 2026 | $18.32 |
| Jan 12, 2026 | $18.31 |
| Jan 13, 2026 | $18.32 |
| Jan 14, 2026 | $18.33 |
| Jan 15, 2026 | $18.35 |
| Jan 16, 2026 | $18.36 |
| Jan 20, 2026 | $18.29 |
| Jan 21, 2026 | $18.29 |
| Jan 22, 2026 | $18.30 |
| Jan 23, 2026 | $18.32 |
| Jan 26, 2026 | $18.31 |
| Jan 27, 2026 | $18.31 |
| Jan 28, 2026 | $18.31 |
| Jan 29, 2026 | $18.32 |
| Jan 30, 2026 | $18.30 |
| Feb 2, 2026 | $18.32 |
| Feb 3, 2026 | $18.30 |
| Feb 4, 2026 | $18.30 |
| Feb 5, 2026 | $18.27 |
| Feb 6, 2026 | $18.33 |
| Feb 9, 2026 | $18.33 |
| Feb 10, 2026 | $18.36 |
| Feb 11, 2026 | $18.37 |
| Feb 12, 2026 | $18.34 |
| Feb 13, 2026 | $18.38 |
| Feb 17, 2026 | $18.44 |
| Feb 18, 2026 | $18.45 |
| Feb 19, 2026 | $18.46 |
| Feb 20, 2026 | $18.39 |
| Feb 23, 2026 | $18.36 |
| Feb 24, 2026 | $18.37 |
| Feb 25, 2026 | $18.39 |
| Feb 26, 2026 | $18.37 |
| Feb 27, 2026 | $18.31 |
| Mar 2, 2026 | $18.29 |
| Mar 3, 2026 | $18.21 |
| Mar 4, 2026 | $18.27 |
| Mar 5, 2026 | $18.22 |
| Mar 6, 2026 | $18.13 |
| Mar 9, 2026 | $18.14 |
| Mar 10, 2026 | $18.13 |
| Mar 11, 2026 | $18.10 |
| Mar 12, 2026 | $18.02 |
| Mar 13, 2026 | $17.98 |
| Mar 16, 2026 | $18.02 |
| Mar 17, 2026 | $18.07 |
| Mar 18, 2026 | $17.98 |
| Mar 19, 2026 | $18.00 |
| Mar 20, 2026 | $17.77 |
| Mar 23, 2026 | $17.86 |
| Mar 24, 2026 | $17.85 |
| Mar 25, 2026 | $17.90 |
| Mar 26, 2026 | $17.70 |
| Mar 27, 2026 | $17.55 |
| Mar 30, 2026 | $17.62 |
| Mar 31, 2026 | $17.75 |
| Apr 1, 2026 | $17.82 |
| Apr 2, 2026 | $17.84 |
| Apr 6, 2026 | $17.82 |
| Apr 7, 2026 | $17.83 |
| Apr 8, 2026 | $17.98 |
| Apr 9, 2026 | $18.04 |
| Apr 10, 2026 | $18.03 |
| Apr 13, 2026 | $18.08 |
| Apr 14, 2026 | $18.09 |
| Apr 15, 2026 | $18.11 |
| Apr 16, 2026 | $18.08 |
| Apr 17, 2026 | $18.15 |
| Apr 20, 2026 | $18.18 |
| Apr 21, 2026 | $18.05 |
| Apr 22, 2026 | $18.12 |
| Apr 23, 2026 | $18.10 |
| Apr 24, 2026 | $18.14 |
| Apr 27, 2026 | $18.13 |
| Apr 28, 2026 | $18.11 |
| Apr 29, 2026 | $18.07 |
| Apr 30, 2026 | $18.11 |
| May 1, 2026 | $18.11 |
| May 4, 2026 | $18.04 |
| May 5, 2026 | $18.10 |
| May 6, 2026 | $18.15 |
| May 7, 2026 | $18.10 |
| May 8, 2026 | $18.15 |
| May 11, 2026 | $18.13 |
| May 12, 2026 | $18.12 |
| May 13, 2026 | $18.10 |
| May 14, 2026 | $18.10 |
| May 15, 2026 | $18.02 |
| May 18, 2026 | $18.01 |
| May 19, 2026 | $17.92 |
| May 20, 2026 | $17.99 |
| May 21, 2026 | $17.89 |
| May 22, 2026 | $17.92 |
| May 26, 2026 | $17.97 |
| May 27, 2026 | $17.98 |
| May 28, 2026 | $18.02 |
| May 29, 2026 | $18.02 |
| Jun 1, 2026 | $18.00 |
| Jun 2, 2026 | $18.00 |
| Jun 3, 2026 | $17.98 |
| Jun 4, 2026 | $17.98 |
| Jun 5, 2026 | $17.91 |
| Jun 8, 2026 | $17.90 |
| Jun 9, 2026 | $17.90 |
| Jun 10, 2026 | $17.89 |
| Jun 11, 2026 | $17.94 |
| Jun 12, 2026 | $17.96 |
| Jun 15, 2026 | $18.01 |
| Jun 16, 2026 | $18.02 |
| Jun 17, 2026 | $17.98 |
| Jun 18, 2026 | $17.99 |
| Jun 22, 2026 | $17.99 |
| Jun 23, 2026 | $17.97 |
| Jun 24, 2026 | $17.99 |
| Jun 25, 2026 | $17.88 |
| Jun 26, 2026 | $17.87 |
| Jun 29, 2026 | $17.92 |
| Jun 30, 2026 | $17.88 |
| Jul 1, 2026 | $17.90 |
| Jul 2, 2026 | $17.95 |
| Jul 6, 2026 | $17.98 |
| Jul 7, 2026 | $17.91 |
| Jul 8, 2026 | $17.91 |
| Jul 9, 2026 | $17.94 |
| Jul 10, 2026 | $17.93 |
| Jul 13, 2026 | $17.92 |
| Jul 14, 2026 | $17.93 |
| Jul 15, 2026 | $17.95 |
| Jul 16, 2026 | $17.95 |
| Jul 17, 2026 | $17.94 |
| Jul 20, 2026 | $17.93 |
| Jul 21, 2026 | $17.84 |
| Jul 22, 2026 | $17.83 |
| Jul 23, 2026 | $17.75 |
| Jul 24, 2026 | $17.74 |
| Jul 27, 2026 | $17.77 |
| Jul 28, 2026 | $17.78 |
| Jul 29, 2026 | $17.72 |
| Jul 30, 2026 | $17.75 |
| Jul 31, 2026 | $17.77 |
| Aug 3, 2026 | $17.83 |
| Aug 4, 2026 | $17.86 |
| Aug 5, 2026 | $17.86 |
| Aug 6, 2026 | $17.83 |
| Aug 7, 2026 | $17.87 |
| Aug 10, 2026 | $17.81 |
| Aug 11, 2026 | $17.76 |
| Aug 12, 2026 | $17.79 |
| Aug 13, 2026 | $17.83 |
| Aug 14, 2026 | $17.81 |
| Aug 17, 2026 | $17.74 |
| Aug 18, 2026 | $17.71 |
| Aug 19, 2026 | $17.77 |
| Aug 20, 2026 | $17.74 |
| Aug 21, 2026 | $17.66 |
| Aug 24, 2026 | $17.66 |
| Aug 25, 2026 | $17.70 |
| Aug 26, 2026 | $17.68 |
| Aug 27, 2026 | $17.70 |
| Aug 28, 2026 | $17.69 |
| Aug 31, 2026 | $17.66 |
| Sep 1, 2026 | $17.60 |
| Sep 2, 2026 | $17.62 |
| Sep 3, 2026 | $17.64 |
| Sep 4, 2026 | $17.64 |
| Sep 8, 2026 | $17.60 |
| Sep 9, 2026 | $17.56 |
| Sep 10, 2026 | $17.46 |
| Sep 11, 2026 | $17.50 |
| Sep 14, 2026 | $17.42 |
| Sep 15, 2026 | $17.42 |
| Sep 16, 2026 | $17.45 |
| Sep 17, 2026 | $17.53 |
| Sep 18, 2026 | $17.49 |
| Sep 21, 2026 | $17.54 |
| Sep 22, 2026 | $17.52 |
| Sep 23, 2026 | $17.40 |
| Sep 24, 2026 | $17.23 |
| Sep 25, 2026 | $17.24 |
| Sep 28, 2026 | $17.14 |
| Sep 29, 2026 | $17.09 |
| Sep 30, 2026 | $17.05 |
| Oct 1, 2026 | $17.07 |
| Oct 2, 2026 | $17.09 |
| Oct 5, 2026 | $17.05 |
| Oct 6, 2026 | $17.11 |
| Oct 7, 2026 | $17.01 |
| Oct 8, 2026 | $17.08 |
| Oct 9, 2026 | $17.06 |
| Oct 12, 2026 | $17.01 |
| Oct 13, 2026 | $17.05 |
| Oct 14, 2026 | $17.00 |
| Oct 15, 2026 | $17.10 |
| Oct 16, 2026 | $17.08 |
| Oct 19, 2026 | $17.07 |
| Oct 20, 2026 | $17.05 |
| Oct 21, 2026 | $16.94 |
| Oct 22, 2026 | $16.92 |
| Oct 23, 2026 | $16.89 |
| Oct 26, 2026 | $16.93 |
The desk’s read
Recent fund-flow records are unavailable, while the price has returned -7.1% so far this year. At 0.85% a year it is not the cheapest way in — AGG has a reported fee of 0.03%.
COMPOSED FROM THE FUND’S OWN DAILY RECORDS · UPDATED WITH EACH REFRESH
$5.5Bassets under management
0.85%expense ratio · $85 per $10,000 a year
—net flow, trailing month
2.3Mavg daily volume, 30 days
125holdings · US-domiciled
2023listed October 1, 2023 · beta 0.23
Sector weights
- Cash & Others100%
- Other94.7%
- Real Estate81.07%
- Corporate56.13%
- Finance33.66%
- Financial Services18.93%
- Consumer Non-Durables1.56%
- Communications1.27%
- ETF0.99%
- Rights & Warrants0.82%
Source: Portfolio composition, latest disclosure
Show as table
| Item | Value (%) |
|---|---|
| Cash & Others | 100% |
| Other | 94.7% |
| Real Estate | 81.07% |
| Corporate | 56.13% |
| Finance | 33.66% |
| Financial Services | 18.93% |
| Consumer Non-Durables | 1.56% |
| Communications | 1.27% |
| ETF | 0.99% |
| Rights & Warrants | 0.82% |
Country weights
- Other89.35%
- United States9.77%
- Bermuda0.78%
- United Kingdom0.1%
Source: Portfolio composition, latest disclosure
Show as table
| Item | Value (%) |
|---|---|
| Other | 89.35% |
| United States | 9.77% |
| Bermuda | 0.78% |
| United Kingdom | 0.1% |
Performance
| 1 week | -0.7% |
| 1 month | -1.8% |
| 3 months | -4.6% |
| 6 months | -6.7% |
| YTD | -7.1% |
| 1 year | — |
| 3 years | — |
PRICE RETURN, DISTRIBUTIONS NOT REINVESTED
Net flows
| 1 week | — |
| 1 month | — |
| 3 months | — |
| YTD | — |
| 1 year | — |
CREATION/REDEMPTION DOLLARS, DAILY RECORDS
The risk read
5%realized volatility, 30 days (annualized)
5%realized volatility, 1 year
-8.5%deepest fall from a peak, 1 year
-8.3%latest close versus that peak
VOLATILITY & DRAWDOWN FROM THE DAILY TAPE · CONCENTRATION FROM THE LATEST DISCLOSED BOOK
Options tape
—calls · latest snapshot
—puts · latest snapshot
—put/call ratio
2.2Mshares traded
The case against FPE
Due diligence cuts both ways. These funds sit on the same shelf and beat FPE on at least one dimension that matters — the fee, the asset base, or where the money is going.
| Fund | Fee | Assets | Flow, 1M | The case | |
|---|---|---|---|---|---|
| STIP iShares 0-5 Year TIPS Bond ETF | 0.03% | $16.4B | +$489M | -82bp on fee · 3× the assets · +$489M in over the month | Head-to-head |
| IJH iShares Core S&P Mid-Cap ETF | 0.05% | $123.5B | +$2.3B | -80bp on fee · 23× the assets · +$2.3B in over the month | Head-to-head |
| SPTS State Street SPDR Portfolio Short Term Treasury ETF | 0.03% | $7.1B | +$1.4B | -82bp on fee · +$1.4B in over the month | Head-to-head |
| IGSB iShares 1-5 Year Investment Grade Corporate Bond ETF | 0.04% | $23.7B | +$51M | -81bp on fee · 4× the assets · +$51M in over the month | Head-to-head |
| IGIB iShares 5-10 Year Investment Grade Corporate Bond ETF | 0.04% | $18.6B | +$412M | -81bp on fee · 3× the assets · +$412M in over the month | Head-to-head |