# Portfolio overlap — FPFD vs VRP Comparing **Fidelity Preferred Securities and Income ETF** (2026-02-28) and **Invesco Variable Rate Preferred ETF** (2026-02-28). - Shared positions: 129 - Fidelity Preferred Securities and Income ETF covered by Invesco Variable Rate Preferred ETF: 0.3106923516764743145927826352 - Invesco Variable Rate Preferred ETF covered by Fidelity Preferred Securities and Income ETF: 0.3106923516764743145927826354 ## Fidelity Preferred Securities and Income ETF — top positions | Security | Weight | Shared | |----------|--------|--------| | Fidelity Cash Central Fund | 0.058467 | | | ET V6.625 PERP B | 0.044968 | ✓ | | BK 3.7 PERP | 0.039652 | ✓ | | ENBRIDGE INC SUBORDINATED 01/84 VAR | 0.022292 | ✓ | | Southern Co. (The), Series C, Pfd. | 0.014867 | | | The Goldman Sachs Group, Inc. | 0.013523 | ✓ | | Morgan Stanley, Series P, Pfd. | 0.012688 | | | JPMorgan Chase & Co., Series II | 0.012373 | ✓ | | T-MOBILE USA INC PREFERRED STOCK 03/70 5.5 | 0.012323 | | | BNP V6.875 PERP 144A | 0.011835 | | | The PNC Financial Services Group, Inc. | 0.011454 | ✓ | | T-MOBILE USA INC PREFERRED STOCK 06/70 5.5 | 0.010660 | | | USB V3.7 PERP | 0.009903 | ✓ | | STRATEGY INC SER A 10% PERP PFD | 0.009802 | | | SCHW V4 PERP H | 0.009628 | ✓ | | SUN V7.875 PERP 144A | 0.009572 | | | Morgan Stanley, Series K, Pfd. | 0.009337 | | | C V6.875 PERP GG | 0.009241 | ✓ | | AT&T Inc PREFERRED STOCK | 0.008885 | | | GS V6.85 PERP | 0.008733 | ✓ | | SEMPRA ENERGY | 0.008594 | ✓ | | DTE Energy Co., Series H, Pfd. | 0.008080 | | | ALLY V4.7 PERP C | 0.007940 | ✓ | | Venture Global LNG, Inc. | 0.007937 | | | JPMorgan Chase & Co., Series DD, Pfd. | 0.007592 | | | BANK OF AMERICA CORP REGD V/R /PERP/ 6.25000000 | 0.007369 | ✓ | | C V6.625 PERP | 0.007036 | ✓ | | T-MOBILE USA INC PREFERRED STOCK 09/69 6.25 | 0.006910 | | | COF V3.95 PERP M | 0.006822 | ✓ | | Wells Fargo & Co., Series BB | 0.006812 | ✓ | | SOUTHERN CO/THE PREFERRED STOCK 03/85 6.5 | 0.006485 | | | BPLN V4.875 PERP | 0.006417 | ✓ | | DOMINION ENERGY | 0.006365 | ✓ | | Duke Energy Corp PREFERRED STOCK | 0.006310 | | | ROGERS COMMUNICATIONS IN SUBORDINATED 144A 03/82 VAR | 0.006263 | | | The Goldman Sachs Group, Inc. | 0.006066 | ✓ | | Wells Fargo & Co., Series Y, Pfd. | 0.005937 | | | Vistra Corp. | 0.005833 | | | AT&T Inc., Series C, Pfd. | 0.005713 | | | JPMorgan Chase & Co., Series JJ, Pfd. | 0.005490 | | | CVS Health Corp. | 0.005473 | ✓ | | Bank of America Corp., Series TT | 0.005468 | ✓ | | Morgan Stanley, Series M | 0.005358 | | | Nippon Life Insurance Co. | 0.005272 | | | Vodafone Group Public Limited Company | 0.005194 | ✓ | | Wells Fargo & Co., Series Z, Pfd. | 0.005063 | | | Truist Financial Corp. Series Q Perpetual, 5.10%, 03/01/2030 | 0.004998 | ✓ | | SOUTHERN CO | 0.004868 | ✓ | | Citigroup, Inc., Series II | 0.004856 | | | XEL 6 1/4 | 0.004814 | | ## Invesco Variable Rate Preferred ETF — top positions | Security | Weight | Shared | |----------|--------|--------| | Invesco Private Prime Fund | 0.057162 | | | Invesco Private Government Fund | 0.022015 | | | Wells Fargo & Co., Series BB | 0.012233 | ✓ | | Bank of America Corp. | 0.010924 | ✓ | | JPMorgan Chase & Co., Series OO | 0.010912 | ✓ | | C V6.875 PERP GG | 0.009613 | ✓ | | Citigroup, Inc. 7.875% 10/30/40 | 0.009285 | | | JPMorgan Chase & Co., Series NN | 0.009236 | ✓ | | C V6.625 PERP | 0.009015 | ✓ | | BANK OF AMERICA CORP REGD V/R /PERP/ 6.25000000 | 0.008970 | ✓ | | BPLN V4.875 PERP | 0.008697 | ✓ | | Goldman Sachs Group, Inc. (The), Series X | 0.008357 | ✓ | | CVS Health Corp. | 0.008258 | ✓ | | Bank of America Corp., Series FF | 0.008067 | ✓ | | Vodafone Group Public Limited Company | 0.007392 | ✓ | | SCHW V4 PERP H | 0.007342 | ✓ | | Wells Fargo & Co. | 0.007339 | | | The Goldman Sachs Group, Inc. | 0.007192 | ✓ | | C V6.95 PERP FF | 0.007173 | ✓ | | SCHW V4 PERP I | 0.007149 | ✓ | | Bank of America Corp., Series TT | 0.007075 | ✓ | | JPM V3.65 PERP KK | 0.006952 | | | GS V6.85 PERP | 0.006924 | ✓ | | SOUTHERN CO | 0.006570 | ✓ | | Wells Fargo & Co. | 0.006423 | ✓ | | C V7.125 PERP CC | 0.006293 | ✓ | | Truist Financial Corp., Series N | 0.005976 | | | Bank of America Corp., Series RR | 0.005783 | ✓ | | Goldman Sachs Group, Inc. (The), Series W | 0.005556 | | | AXP 3.55 PERP | 0.005551 | ✓ | | Citigroup Inc., Series AA | 0.005540 | ✓ | | Citigroup Inc., Series DD | 0.005491 | ✓ | | STT V6.7 PERP I | 0.005482 | ✓ | | NextEra Energy Capital Holdings, Inc. | 0.005430 | ✓ | | The PNC Financial Services Group, Inc. | 0.005422 | ✓ | | PG&E CORP SUB (H) 7.375% 03-15-55/30 | 0.005416 | ✓ | | C V6.75 PERP EE | 0.005329 | ✓ | | Transcanada Trust Variable Rate, Due 03/15/2077 | 0.005272 | ✓ | | JPMorgan Chase & Co., Series II | 0.005257 | ✓ | | C V6.25 PERP T | 0.005252 | ✓ | | AMER ELEC PWR | 0.005251 | | | AMER ELEC PWR | 0.005249 | | | USB V3.7 PERP | 0.005188 | ✓ | | The PNC Financial Services Group, Inc. | 0.005175 | ✓ | | DOMINION ENERGY | 0.005136 | ✓ | | ENBRIDGE INC SUBORDINATED 01/84 VAR | 0.005032 | ✓ | | BP CAPITAL PLC | 0.004834 | ✓ | | DOMINION ENERGY | 0.004709 | | | ALLY FINL. INC F2V | 0.004699 | ✓ | | Bell Canada | 0.004593 | ✓ | ## Sources - N-PORT (fund A) — accession `0000035402-26-002599` (as of 2026-02-28) - N-PORT (fund B) — accession `0001378872-26-000857` (as of 2026-02-28) --- _Informational only — not investment advice. FundWatcher presents publicly available data and makes no recommendation to buy or sell any security. Verify all figures against the source filing before relying on them._ _Data sourced from U.S. SEC EDGAR filings (Forms N-PORT, N-CEN, and prospectus Risk/Return summaries). FundWatcher is not affiliated with the SEC._ _Use of this data is subject to the FundWatcher Terms of Service. Information may be used only for personal, non-commercial research and may not be redistributed. See _