Summary
Fidelity Preferred Securities & Income ETF is an ETF - a fund traded on an exchange like a stock - run by Fidelity. Positions inside: 330. The ten largest make up 18% of the fund.
- Yearly costs
- 0.59%
- Fund size
- $75.9M
- Positions
- 330
- Dividend yield
- 5.65%
- Running since
- 2021
What speaks for it
- Widely spread: the ten largest positions make up only 18% of the fund.
What to watch
- 81% of the fund is in one country (United States).
- Costs of 0.59% a year are above the middle of comparable funds (0.20%).
- A small fund with $75.9M under management; small funds get closed more often.
- It trades little: only about $320.9K changes hands a day.
A fund has no Bulios Score and no Fair Price of its own - both are computed from the results of a single company. This page shows what is inside the fund and what it costs instead.
Price
Performance
- 1 month
- -1.8%
- 3 months
- -4.2%
- This year
- -6.3%
- 1 year
- -7.9%
- 3 years
- +5.6%
- 5 years
- -19%
- Avg. market cap
- $204.3B
- P/E
- 1.6x
- Forward P/E
- 2.1x
- P/S
- 0.4x
- P/B
- 0.2x
- P/FCF
- 0.6x
- EV/EBITDA
- -
- Dividend yield
- 7.17%
- ROIC
- -
- ROE
- 0.9%
- Gross margin
- -
- Operating margin
- -675.6%
- Net margin
- -1,410.2%
- Payout ratio
- 11.5%
- Net debt/EBITDA
- -
- Beta
- 0.76
Weighted average of the 50 largest companies, which make up 23% of the fund. Banks and insurers are left out of the gross margin, the ROIC and the EBITDA figures.
What is inside?
Widely spread- 1 ENERGY TRAN LP 6.625%/VAR PERP 4.8%
- 2 ENBRIDGE INC 8.5%/VAR 01/15/84 2.3%
- 3 ENERGY TRAN LP 6.55%/VAR 1/57 1.6%
- 4 VISTRA OPERATIO 7.25%/VAR 3/57 1.6%
- 5 GSINC 4.125%/VAR PERP 1.5%
- 6 STMicroStrategy Incorporated 10.00% Series A Perpetual Strife Preferred Stock STRF 1.4%
- 7 SOSouthern Company (The) Series 2 SOJE 1.4%
- 8 JPMC CO FRN TSFR3M+274.5 PERP 1.4%
- 9 PNC FINCL SRVCS 3.4%/VAR PERP 1.3%
- 10 MSMorgan Stanley MS-PP 1.2%
Positions in the fund: 330. The ten largest make up 18% of it.
Composition as of Oct 23, 2026.
Where is it spread?
One countryBy sector
- Financials 19%
- Utilities 6.8%
- Communication services 3.2%
- Technology 1.9%
- Real estate 1.8%
- Other 67%
By country
- United States 81%
- Canada 6.2%
- Japan 4.1%
- United Kingdom 2.9%
- Other countries 5.4%
Largest sector: Financials (19%). Largest country: United States (81%).
What does it cost me?
Expensive- A year from $10,000
- $59.00
- Over 20 years
- $2,828
From every $10,000 invested the fund takes $59.00 a year. You do not pay it separately - it is taken out of the fund's value. Over 20 years at 5% yearly growth that adds up to about $2,828.
How has it done?
Losing value- A year on average, 5 years
- -4.2%
- Deepest drop
- -25%
- Yearly volatility
- 3.5%
Average yearly decline over the last five years: 4.2%. Deepest drop in these years: 25% below the earlier high.
Does it pay dividends?
Yes, it pays out- Yield
- 5.65%
- Payments a year
- 12
- Last payment
- $0.12
Over the last 12 months it paid $1.15 per share, which is 5.65% of today's price. The last payment was $0.12 on Sep 29, 2026.
Is it easy to buy and sell?
It trades little- Traded a day
- $320.9K
- Shares a day
- 16K
On an average day about $320.9K of the fund changes hands.
How expensive are the companies inside?
Rather cheap- P/E of the companies inside
- 1.6
- Average Bulios Score
- 69 out of 100
Weight by Bulios Fair Price
- Undervalued 88%
- Fairly valued 1.0%
- Overvalued 10%
On average the companies inside trade for 1.6 times their yearly profit. By Fair Price, 88% of the rated weight comes out as undervalued.
Counted from its largest companies (50), which make up 23% of the fund. Each company counts by its weight. We use the metrics, the Bulios Score and the Fair Price of the companies themselves.
Similar funds
Funds that hold much of the same. The overlap says how much of their weight they share with this fund.
| Fund | Domicile | Size | 1-year change | Dividends | ||
|---|---|---|---|---|---|---|
PG PGX Invesco Preferred ETF | United States | 0.50% | $3.56B | -14% | Pays out | 27% |
PD PDSE.DE Invesco Preferred Shares UCITS ETF EUR Hedged Dist | Ireland | 0.55% | $169.3M | -17% | Pays out | 26% |
PF PFF iShares Preferred and Income Securities ETF | United States | 0.45% | $11.9B | -9.1% | Pays out | 23% |
PS PSK State Street SPDR ICE Preferred Securities ETF | United States | 0.45% | $620.9M | -15% | Pays out | 22% |