NPFI Alternatives & Similar ETFs

Nuveen Preferred And Income ETF (NPFI) 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 NPFI. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to NPFI

NPFI charges 0.55% annually. There are 16 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%	7.48B	Jun 2015	NPFI vs ICVT
PFFD	Global X U.S. Preferred ETF	0.23%	2.17B	Sep 2017	NPFI vs PFFD
PFFV	Global X Variable Rate Preferred ETF	0.25%	304.58M	Jun 2020	NPFI vs PFFV
EVPF	Eaton Vance Preferred Securities and Income ETF	0.39%	35.04M	Mar 2026	NPFI vs EVPF
PFXF	VanEck Preferred Securities ex Financials ETF	0.40%	2.44B	Jul 2012	NPFI vs PFXF

Best Risk-Adjusted Alternatives to NPFI

NPFI has a PortfoliosLab risk / return rank of 79. No ETFs in the Preferred Stock/Convertible Bonds category have higher risk-adjusted ranks; the top alternatives shown here go as high as 76.

Symbol	Name	Risk / Return Rank	AUM	Inception
ICVT	iShares Convertible Bond ETF	76	7.48B	Jun 2015	NPFI vs ICVT
PFLD	AAM Low Duration Preferred and Income Securities E...	73	487.73M	Nov 2019	NPFI vs PFLD
FPEI	First Trust Institutional Preferred Securities & I...	73	1.92B	Aug 2017	NPFI vs FPEI
VRP	Invesco Variable Rate Preferred ETF	73	2.99B	May 2014	NPFI vs VRP
FCVT	First Trust SSI Strategic Convertible Securities E...	70	116.40M	Nov 2015	NPFI vs FCVT

Top Performing NPFI Alternatives (YTD)

NPFI is at 2.15% YTD. There are 11 ETFs in the Preferred Stock/Convertible Bonds category with higher YTD returns, going as high as 18.95%.

Symbol	Name	YTD Return	AUM	Inception
ICVT	iShares Convertible Bond ETF	18.95%	7.48B	Jun 2015	NPFI vs ICVT
FCVT	First Trust SSI Strategic Convertible Securities E...	18.52%	116.40M	Nov 2015	NPFI vs FCVT
CWB	SPDR Bloomberg Barclays Convertible Securities ETF	17.27%	6.03B	Apr 2009	NPFI vs CWB
SPFF	Global X SuperIncome Preferred ETF	3.46%	140.39M	Jul 2012	NPFI vs SPFF
CSPF	Cohen & Steers Preferred and Income Opportunities ...	3.14%	65.77M	Feb 2025	NPFI vs CSPF

Lowest Volatility Alternatives to NPFI

NPFI has 2.90% 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 2.90%.

Symbol	Name	Volatility 1Y	AUM	Inception
VRP	Invesco Variable Rate Preferred ETF	2.90%	2.99B	May 2014	NPFI vs VRP
FPFD	Fidelity Preferred Securities & Income ETF	2.97%	81.24M	Jun 2021	NPFI vs FPFD
CSSD	Cohen & Steers Short Duration Preferred and Income...	3.03%	17.00M	Dec 2025	NPFI vs CSSD
PREF	Principal Spectrum Preferred Secs Active ETF	3.13%	1.70B	Jul 2017	NPFI vs PREF
PRFD	PIMCO Preferred And Capital Securities Active Exch...	3.18%	222.53M	Jan 2023	NPFI vs PRFD

Lowest Drawdown Alternatives to NPFI

NPFI has a 1-year max drawdown of -3.18%. There are 7 ETFs in the Preferred Stock/Convertible Bonds category with shallower 1-year drawdowns, going 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	NPFI vs QTPI
PFLD	AAM Low Duration Preferred and Income Securities E...	-2.23%	487.73M	Nov 2019	NPFI vs PFLD
FPFD	Fidelity Preferred Securities & Income ETF	-2.75%	81.24M	Jun 2021	NPFI vs FPFD
PREF	Principal Spectrum Preferred Secs Active ETF	-2.88%	1.70B	Jul 2017	NPFI vs PREF
VRP	Invesco Variable Rate Preferred ETF	-2.89%	2.99B	May 2014	NPFI vs VRP

Other ETFs from Nuveen

The 10 most viewed Nuveen ETFs shown here include NULG, NUDV, NCLO and span 10 categories. AUM among these funds goes as high as $3B.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
NULG	Nuveen ESG Large-Cap Growth ETF	Large Cap Growth Equities	40	16.87%	2.77B	Dec 2016	NPFI vs NULG
NUDV	Nuveen ESG Dividend ETF	Large Cap Value Equities	77	13.15%	49.88M	Sep 2021	NPFI vs NUDV
NCLO	Nuveen AA-BBB CLO ETF	CLO	61	2.36%	—	Dec 2024	NPFI vs NCLO
NURE	Nuveen Short-Term REIT ETF	REIT	27	17.55%	35.31M	Dec 2016	NPFI vs NURE
NUSC	Nuveen ESG Small-Cap ETF	Small Cap Growth Equities	52	13.82%	1.28B	Dec 2016	NPFI vs NUSC
NULV	Nuveen ESG Large-Cap Value ETF	Large Cap Value Equities	86	14.45%	2.17B	Dec 2016	NPFI vs NULV
NUMG	Nuveen ESG Mid-Cap Growth ETF	Mid Cap Growth Equities	8	-1.65%	357.97M	Dec 2016	NPFI vs NUMG
NUBD	Nuveen ESG U.S. Aggregate Bond ETF	Intermediate Core Bond	29	-0.31%	458.23M	Sep 2017	NPFI vs NUBD
NUSB	Nuveen Ultra Short Income ETF	Ultrashort Bond	100	1.91%	156.26M	Mar 2024	NPFI vs NUSB
NUMV	Nuveen ESG Mid-Cap Value ETF	Mid Cap Value Equities, ESG	71	13.48%	444.82M	Dec 2016	NPFI vs NUMV

Often Compared With NPFI

Investors most often compare NPFI with SDCP, PFFA, SDSI. These 20 comparison targets span 12 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
SDCP	Virtus Newfleet Short Duration Core Plus Bond ETF	Short-Term Bond	94	1.41%	13.42M	Nov 2023	NPFI vs SDCP
PFFA	Virtus InfraCap U.S. Preferred Stock ETF	Preferred Stock/Convertible Bonds	34	1.63%	2.45B	May 2018	NPFI vs PFFA
SDSI	American Century Short Duration Strategic Income E...	Short-Term Bond	93	1.35%	232.48M	Oct 2022	NPFI vs SDSI
PFF	iShares Preferred and Income Securities ETF	Preferred Stock/Convertible Bonds	15	0.49%	13.39B	Mar 2007	NPFI vs PFF
BFIX	Build Bond Innovation ETF	Intermediate Core Bond	50	0.78%	10.78M	Feb 2022	NPFI vs BFIX
JEPI	JPMorgan Equity Premium Income ETF	Dividend, Derivative Income	34	3.30%	45.17B	May 2020	NPFI vs JEPI
SPY	State Street SPDR S&P 500 ETF	S&P 500	66	10.45%	783.21B	Jan 1993	NPFI vs SPY
GSY	Invesco Ultra Short Duration ETF	Ultrashort Bond	99	2.01%	3.83B	Feb 2008	NPFI vs GSY
BINC	iShares Flexible Income Active ETF	Multisector Bonds	71	1.13%	16.07B	May 2023	NPFI vs BINC
GSST	Goldman Sachs Ultra Short Bond ETF	Ultrashort Bond	99	1.98%	1.54B	Apr 2019	NPFI vs GSST
AVIGX	Avantis Core Fixed Income Fund	Intermediate Core Bond	19	-0.23%	—	Feb 2021	NPFI vs AVIGX
NPSRX	Nuveen Preferred Securities & Income Fund	Preferred Stock/Convertible Bonds	73	1.04%	—	Dec 2006	NPFI vs NPSRX
NUEM	Nuveen ESG Emerging Markets Equity ETF	Emerging Markets Equities	48	12.97%	378.51M	Jun 2017	NPFI vs NUEM
WIP	SPDR FTSE International Government Inflation-Prote...	Inflation-Protected Bonds	26	2.05%	492.30M	Mar 2008	NPFI vs WIP
PGX	Invesco Preferred ETF	Preferred Stock/Convertible Bonds	14	-0.74%	3.90B	Jan 2008	NPFI vs PGX
NHYM	Nuveen High Yield Municipal Income ETF	High Yield Muni	82	2.81%	137.99M	Jan 2025	NPFI vs NHYM
PGF	Invesco Financial Preferred ETF	Preferred Stock/Convertible Bonds	14	-0.22%	685.65M	Dec 2006	NPFI vs PGF
PQDI	Principal Spectrum Preferred and Income ETF	Preferred Stock/Convertible Bonds	63	1.70%	69.50M	Jun 2020	NPFI vs PQDI
NULC	Nuveen ESG Large-Cap ETF	Large Cap Growth Equities	65	13.94%	68.63M	Jun 2019	NPFI vs NULC
EPRF	Innovator S&P High Quality Preferred ETF	Preferred Stock/Convertible Bonds	6	-3.00%	69.05M	May 2016	NPFI vs EPRF

Compare NPFI with Any Fund or Stock

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

Symbol name

Diversifiers

Pair NPFI with funds that move differently

Nuveen Preferred And Income ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to NPFI.

Explore NPFI Diversifiers

Nuveen Preferred And Income ETF (NPFI) Alternatives