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Virtus InfraCap U.S. Preferred Stock ETF (PFFA)
Performance
Return for Risk
Dividends
Drawdowns
Volatility

ETF Info

ISIN
US26923G8226
CUSIP
26923G822
Inception Date
May 15, 2018
Region
North America (U.S.)
Leveraged
1x (No leverage)
Index Tracked
No Index (Active)
Distribution Policy
Distributing
Asset Class
Preferred Stock
Asset Class Size
Micro-Cap
Asset Class Style
Blend

Share Price Chart


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Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Virtus InfraCap U.S. Preferred Stock ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


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S&P 500 Index

Returns By Period

Virtus InfraCap U.S. Preferred Stock ETF (PFFA) has returned -3.22% so far this year and 5.66% over the past 12 months.


Virtus InfraCap U.S. Preferred Stock ETF

1D
0.10%
1M
-4.25%
YTD
-3.22%
6M
-1.63%
1Y
5.66%
3Y*
12.09%
5Y*
5.84%
10Y*

Benchmark (S&P 500 Index)

1D
2.91%
1M
-5.09%
YTD
-4.63%
6M
-2.39%
1Y
16.33%
3Y*
16.69%
5Y*
10.18%
10Y*
12.16%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since May 16, 2018, PFFA's average daily return is +0.05%, while the average monthly return is +0.87%. At this rate, your investment would double in approximately 6.7 years.

Historically, 64% of months were positive and 36% were negative. The best month was Apr 2020 with a return of +35.4%, while the worst month was Mar 2020 at -46.0%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 4 months.

On a daily basis, PFFA closed higher 54% of trading days. The best single day was Mar 19, 2020 with a return of +51.7%, while the worst single day was Mar 18, 2020 at -40.4%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20261.96%-0.88%-4.25%-3.22%
20251.55%1.00%-3.36%-1.91%-0.06%2.70%3.80%2.01%0.76%-0.83%1.27%1.21%8.22%
20241.74%1.10%0.76%-1.10%3.74%0.22%2.56%3.41%4.73%-0.77%1.51%-2.61%16.11%
202317.76%-1.83%-5.56%-0.08%-2.52%7.15%2.27%1.21%-2.44%-4.46%7.04%7.45%26.45%
2022-2.23%-2.44%2.56%-3.44%0.35%-7.56%7.46%-2.27%-12.10%-1.14%5.12%-5.91%-20.91%
20210.35%2.92%8.14%1.79%1.16%3.40%0.72%0.92%-0.68%1.49%-2.40%3.87%23.53%

Benchmark Metrics

Virtus InfraCap U.S. Preferred Stock ETF has an annualized alpha of 2.23%, beta of 0.74, and R² of 0.20 versus S&P 500 Index. Calculated based on daily prices since May 17, 2018.

  • This ETF participated in 99.21% of S&P 500 Index downside but only 81.24% of its upside — more exposed to losses than it benefited from rallies.
  • R² of 0.20 means this ETF moves largely independently of S&P 500 Index — capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

Alpha
2.23%
Beta
0.74
0.20
Upside Capture
81.24%
Downside Capture
99.21%

Expense Ratio

PFFA has a high expense ratio of 1.47%, indicating above-average management fees.


Return for Risk

Risk / Return Rank

PFFA ranks 27 for risk / return — below 27% of ETFs on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.


PFFA Risk / Return Rank: 2727
Overall Rank
PFFA Sharpe Ratio Rank: 2929
Sharpe Ratio Rank
PFFA Sortino Ratio Rank: 2626
Sortino Ratio Rank
PFFA Omega Ratio Rank: 2929
Omega Ratio Rank
PFFA Calmar Ratio Rank: 2525
Calmar Ratio Rank
PFFA Martin Ratio Rank: 2525
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for Virtus InfraCap U.S. Preferred Stock ETF (PFFA) and compare them to a chosen benchmark (S&P 500 Index).


PFFABenchmarkDifference

Sharpe ratio

Return per unit of total volatility

0.57

0.90

-0.32

Sortino ratio

Return per unit of downside risk

0.78

1.39

-0.61

Omega ratio

Gain probability vs. loss probability

1.12

1.21

-0.09

Calmar ratio

Return relative to maximum drawdown

0.58

1.40

-0.82

Martin ratio

Return relative to average drawdown

2.04

6.61

-4.57

Explore PFFA risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

Dividends

Dividend History

Virtus InfraCap U.S. Preferred Stock ETF provided a 10.06% dividend yield over the last twelve months, with an annual payout of $2.05 per share. The fund has been increasing its distributions for 5 consecutive years.


5.00%6.00%7.00%8.00%9.00%10.00%11.00%$0.00$0.50$1.00$1.50$2.00$2.5020182019202020212022202320242025
Dividends
Dividend Yield
PeriodTTM20252024202320222021202020192018
Dividend$2.05$2.04$2.01$1.98$1.95$1.92$1.88$2.64$1.14

Dividend yield

10.06%9.47%9.18%9.56%10.75%7.64%8.54%10.02%5.15%

Monthly Dividends

The table displays the monthly dividend distributions for Virtus InfraCap U.S. Preferred Stock ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.17$0.17$0.17$0.52
2025$0.17$0.17$0.17$0.17$0.17$0.17$0.17$0.17$0.17$0.17$0.17$0.17$2.04
2024$0.17$0.17$0.17$0.17$0.17$0.17$0.17$0.17$0.17$0.17$0.17$0.17$2.01
2023$0.17$0.17$0.17$0.17$0.17$0.17$0.17$0.17$0.17$0.17$0.17$0.17$1.98
2022$0.16$0.16$0.16$0.16$0.16$0.16$0.16$0.16$0.16$0.16$0.16$0.16$1.95
2021$0.16$0.16$0.16$0.16$0.16$0.16$0.16$0.16$0.16$0.16$0.16$0.16$1.92

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the Virtus InfraCap U.S. Preferred Stock ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Virtus InfraCap U.S. Preferred Stock ETF was 70.52%, occurring on Mar 18, 2020. Recovery took 261 trading sessions.

The current Virtus InfraCap U.S. Preferred Stock ETF drawdown is 6.07%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-70.52%Feb 19, 202021Mar 18, 2020261Mar 31, 2021282
-22.7%Jan 18, 2022193Oct 21, 2022298Dec 29, 2023491
-16.51%Sep 4, 201878Dec 24, 201855Mar 15, 2019133
-12.15%Oct 17, 2024117Apr 7, 202581Aug 4, 2025198
-6.49%Feb 20, 202621Mar 20, 2026

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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