The First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) is a high yield fund paying monthly distributions with a distribution rate of 6.01% and a total expense ratio of 0.85%.

The next chart compares the 10-year total returns of FPE and its five largest competitors with at least 10 years of track record: PFF, PGX, PGF, PFXF, PSK. FPE is the best performer, ahead of PFXF.