IPPP Alternatives & Similar ETFs

Preferred-Plus ETF (IPPP) belongs to the Preferred Stock/Convertible Bonds category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with IPPP. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to IPPP

IPPP charges 1.27% annually. There are 30 ETFs in the Preferred Stock/Convertible Bonds category with lower expense ratios, going as low as 0.20%.

Symbol	Name	Expense Ratio	AUM	Inception
ICVT	iShares Convertible Bond ETF	0.20%	7.11B	Jun 2015	IPPP vs ICVT
PFFD	Global X U.S. Preferred ETF	0.23%	2.17B	Sep 2017	IPPP vs PFFD
PFFV	Global X Variable Rate Preferred ETF	0.25%	306.29M	Jun 2020	IPPP vs PFFV
QPFF	American Century Quality Preferred ETF	0.33%	78.51M	Feb 2021	IPPP vs QPFF
EVPF	Eaton Vance Preferred Securities and Income ETF	0.39%	32.18M	Mar 2026	IPPP vs EVPF

Best Risk-Adjusted Alternatives to IPPP

Among 28 ETFs in the Preferred Stock/Convertible Bonds category with risk / return rank data, the top risk-adjusted alternatives shown here go as high as 87.

Symbol	Name	Risk / Return Rank	AUM	Inception
ICVT	iShares Convertible Bond ETF	87	7.11B	Jun 2015	IPPP vs ICVT
FCVT	First Trust SSI Strategic Convertible Securities E...	87	122.33M	Nov 2015	IPPP vs FCVT
CWB	SPDR Bloomberg Barclays Convertible Securities ETF	83	6.21B	Apr 2009	IPPP vs CWB
NPFI	Nuveen Preferred And Income ETF	76	166.00M	Mar 2024	IPPP vs NPFI
VRP	Invesco Variable Rate Preferred ETF	71	2.86B	May 2014	IPPP vs VRP

Top Performing IPPP Alternatives (YTD)

Among 29 ETFs in the Preferred Stock/Convertible Bonds category with YTD return data, the top-performing alternatives shown here go as high as 25.61%.

Symbol	Name	YTD Return	AUM	Inception
FCVT	First Trust SSI Strategic Convertible Securities E...	25.61%	122.33M	Nov 2015	IPPP vs FCVT
ICVT	iShares Convertible Bond ETF	25.28%	7.11B	Jun 2015	IPPP vs ICVT
CWB	SPDR Bloomberg Barclays Convertible Securities ETF	23.48%	6.21B	Apr 2009	IPPP vs CWB
PFXF	VanEck Vectors Preferred Securities ex Financials ...	8.54%	2.51B	Jul 2012	IPPP vs PFXF
SPFF	Global X SuperIncome Preferred ETF	6.91%	144.35M	Jul 2012	IPPP vs SPFF

Lowest Volatility Alternatives to IPPP

IPPP has 0.00% 1-year volatility. No ETFs in the Preferred Stock/Convertible Bonds category have lower 1-year volatility; the lowest-volatility alternatives shown here go as low as 0.00%.

Symbol	Name	Volatility 1Y	AUM	Inception
QPFF	American Century Quality Preferred ETF	0.00%	78.51M	Feb 2021	IPPP vs QPFF
VRP	Invesco Variable Rate Preferred ETF	2.88%	2.86B	May 2014	IPPP vs VRP
NPFI	Nuveen Preferred And Income ETF	2.91%	166.00M	Mar 2024	IPPP vs NPFI
FPFD	Fidelity Preferred Securities & Income ETF	2.95%	83.35M	Jun 2021	IPPP vs FPFD
PREF	Principal Spectrum Preferred Secs Active ETF	3.09%	1.70B	Jul 2017	IPPP vs PREF

Lowest Drawdown Alternatives to IPPP

Among 28 ETFs in the Preferred Stock/Convertible Bonds category with 1-year drawdown data, the lowest-drawdown alternatives shown here go as shallow as -2.11%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
QTPI	North Square RCIM Tax-Advantaged Preferred and Inc...	-2.11%	74.29M	Dec 2024	IPPP vs QTPI
PFLD	AAM Low Duration Preferred and Income Securities E...	-2.23%	487.73M	Nov 2019	IPPP vs PFLD
FPFD	Fidelity Preferred Securities & Income ETF	-2.75%	83.35M	Jun 2021	IPPP vs FPFD
PREF	Principal Spectrum Preferred Secs Active ETF	-2.88%	1.70B	Jul 2017	IPPP vs PREF
VRP	Invesco Variable Rate Preferred ETF	-2.89%	2.86B	May 2014	IPPP vs VRP

Other ETFs from Innovative Portfolios

The 1 most viewed Innovative Portfolios ETFs shown here include IPDP and span 1 categories. AUM among these funds goes as high as $21M.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
IPDP	Dividend Performers ETF	Derivative Income	—	—	20.88M	Dec 2018	IPPP vs IPDP

Often Compared With IPPP

Investors most often compare IPPP with PFFA, PFF, GPRF. These 19 comparison targets span 6 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
PFFA	Virtus InfraCap U.S. Preferred Stock ETF	Preferred Stock/Convertible Bonds	56	3.08%	2.38B	May 2018	IPPP vs PFFA
PFF	iShares Preferred and Income Securities ETF	Preferred Stock/Convertible Bonds	36	2.93%	13.82B	Mar 2007	IPPP vs PFF
GPRF	Goldman Sachs Access U.S. Preferred Stock and Hybr...	Preferred Stock/Convertible Bonds	49	1.33%	88.06M	Jul 2024	IPPP vs GPRF
PGF	Invesco Financial Preferred ETF	Preferred Stock/Convertible Bonds	20	-0.31%	699.16M	Dec 2006	IPPP vs PGF
CSPF	Cohen & Steers Preferred and Income Opportunities ...	Preferred Stock/Convertible Bonds	71	2.65%	65.77M	Feb 2025	IPPP vs CSPF
FPE	First Trust Preferred Securities & Income ETF	Preferred Stock/Convertible Bonds	61	0.97%	6.34B	Feb 2013	IPPP vs FPE
PGX	Invesco Preferred ETF	Preferred Stock/Convertible Bonds	24	-0.18%	3.82B	Jan 2008	IPPP vs PGX
FPEI	First Trust Institutional Preferred Securities & I...	Preferred Stock/Convertible Bonds	70	1.56%	1.88B	Aug 2017	IPPP vs FPEI
EPRF	Innovator S&P High Quality Preferred ETF	Preferred Stock/Convertible Bonds	12	-2.39%	71.11M	May 2016	IPPP vs EPRF
PQDI	Principal Spectrum Preferred and Income ETF	Preferred Stock/Convertible Bonds	63	1.19%	68.90M	Jun 2020	IPPP vs PQDI
JHPI	John Hancock Preferred Income ETF	Preferred Stock/Convertible Bonds	68	1.67%	196.57M	Dec 2021	IPPP vs JHPI
PFFR	InfraCap REIT Preferred ETF	Preferred Stock/Convertible Bonds, REIT	23	0.80%	116.70M	Feb 2017	IPPP vs PFFR
PRFD	PIMCO Preferred And Capital Securities Active Exch...	Preferred Stock/Convertible Bonds	69	1.40%	212.22M	Jan 2023	IPPP vs PRFD
PSK	SPDR ICE Preferred Securities ETF	Preferred Stock/Convertible Bonds	20	-0.35%	720.72M	Sep 2009	IPPP vs PSK
CSSD	Cohen & Steers Short Duration Preferred and Income...	Preferred Stock/Convertible Bonds	—	2.56%	17.00M	Dec 2025	IPPP vs CSSD
CWO.NEO	iShares Emerging Markets Fundamental Index ETF	Emerging Markets Equities	68	13.80%	—	Apr 2009	IPPP vs CWO.NEO
CJP.NEO	iShares Japan Fundamental Index ETF (CAD-Hedged)	Japan Equities	86	19.29%	—	Feb 2007	IPPP vs CJP.NEO
CRQ.NEO	iShares Canadian Fundamental Index ETF	Canada Equities	96	15.93%	—	Feb 2006	IPPP vs CRQ.NEO
PFFL	ETRACS Monthly Pay 2xLeveraged Preferred Stock ETN	Preferred Stock/Convertible Bonds, Leveraged Bonds	17	0.10%	4.82M	Sep 2018	IPPP vs PFFL

Compare IPPP with Any Fund or Stock

Compare IPPP with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

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Diversifiers

Pair IPPP with funds that move differently

Preferred-Plus ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to IPPP.

Explore IPPP Diversifiers

Preferred-Plus ETF (IPPP) Alternatives