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Global X U.S. Preferred ETF (PFFD)
Performance
Return for Risk
Dividends
Drawdowns
Volatility

ETF Info

ISIN
US37954Y6573
CUSIP
37954Y657
Issuer
Global X
Inception Date
Sep 11, 2017
Region
North America (U.S.)
Leveraged
1x (No leverage)
Index Tracked
ICE BofAML Diversified Core U.S. Preferred Securities Index
Distribution Policy
Distributing
Asset Class
Preferred Stock
Asset Class Size
Multi-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 Global X U.S. Preferred 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

Global X U.S. Preferred ETF (PFFD) has returned -1.68% so far this year and 2.93% over the past 12 months.


Global X U.S. Preferred ETF

1D
0.88%
1M
-3.92%
YTD
-1.68%
6M
-2.29%
1Y
2.93%
3Y*
3.89%
5Y*
-0.52%
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 Sep 13, 2017, PFFD's average daily return is +0.01%, while the average monthly return is +0.23%. At this rate, your investment would double in approximately 25.1 years.

Historically, 60% of months were positive and 40% were negative. The best month was Jan 2023 with a return of +11.6%, while the worst month was Mar 2020 at -9.0%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 4 months.

On a daily basis, PFFD closed higher 52% of trading days. The best single day was Mar 24, 2020 with a return of +9.3%, while the worst single day was Mar 18, 2020 at -15.8%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20262.70%-0.36%-3.92%-1.68%
20251.49%0.82%-3.63%-1.11%0.43%1.18%2.24%1.57%0.94%-0.72%-0.68%0.79%3.22%
20243.61%0.92%0.43%-3.81%3.04%0.08%0.89%3.18%3.05%-1.04%0.80%-3.94%7.07%
202311.62%-2.82%-4.54%0.89%-2.74%1.11%1.48%-1.41%-1.44%-5.30%8.69%2.46%6.85%
2022-4.23%-3.58%-0.30%-7.10%2.92%-4.21%6.15%-4.25%-3.46%-3.80%4.90%-4.42%-20.20%
2021-1.28%-1.74%2.81%1.33%0.62%1.90%0.30%0.07%-0.68%1.25%-2.36%2.90%5.07%

Benchmark Metrics

Global X U.S. Preferred ETF has an annualized alpha of -2.05%, beta of 0.39, and R² of 0.34 versus S&P 500 Index. Calculated based on daily prices since September 14, 2017.

  • This ETF participated in 58.37% of S&P 500 Index downside but only 34.19% of its upside — more exposed to losses than it benefited from rallies.
  • Beta of 0.39 may look defensive, but with R² of 0.34 this ETF is largely uncorrelated with S&P 500 Index — low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
  • R² of 0.34 means the benchmark explains less than half of this ETF's behavior — treat beta with caution or consider switching to a more representative benchmark.

Alpha
-2.05%
Beta
0.39
0.34
Upside Capture
34.19%
Downside Capture
58.37%

Expense Ratio

PFFD has an expense ratio of 0.23%, which is considered low.


Return for Risk

Risk / Return Rank

PFFD ranks 20 for risk / return — in the bottom 20% of ETFs on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.


PFFD Risk / Return Rank: 2020
Overall Rank
PFFD Sharpe Ratio Rank: 2121
Sharpe Ratio Rank
PFFD Sortino Ratio Rank: 1919
Sortino Ratio Rank
PFFD Omega Ratio Rank: 1818
Omega Ratio Rank
PFFD Calmar Ratio Rank: 2020
Calmar Ratio Rank
PFFD Martin Ratio Rank: 2020
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 Global X U.S. Preferred ETF (PFFD) and compare them to a chosen benchmark (S&P 500 Index).


PFFDBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

0.35

0.90

-0.55

Sortino ratio

Return per unit of downside risk

0.54

1.39

-0.85

Omega ratio

Gain probability vs. loss probability

1.07

1.21

-0.14

Calmar ratio

Return relative to maximum drawdown

0.41

1.40

-0.99

Martin ratio

Return relative to average drawdown

1.20

6.61

-5.41

Explore PFFD risk-adjusted metrics in detail

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

Dividends

Dividend History

Global X U.S. Preferred ETF provided a 6.52% dividend yield over the last twelve months, with an annual payout of $1.20 per share.


2.00%3.00%4.00%5.00%6.00%7.00%$0.00$0.20$0.40$0.60$0.80$1.00$1.20$1.40201720182019202020212022202320242025
Dividends
Dividend Yield
PeriodTTM202520242023202220212020201920182017
Dividend$1.20$1.20$1.25$1.26$1.28$1.31$1.34$1.37$1.40$0.48

Dividend yield

6.52%6.37%6.42%6.49%6.63%5.09%5.17%5.48%6.21%1.94%

Monthly Dividends

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


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.00$0.10$0.10$0.20
2025$0.00$0.10$0.10$0.10$0.10$0.10$0.10$0.10$0.10$0.10$0.10$0.20$1.20
2024$0.00$0.11$0.11$0.11$0.11$0.11$0.11$0.11$0.11$0.11$0.10$0.21$1.25
2023$0.00$0.11$0.11$0.11$0.11$0.11$0.11$0.11$0.11$0.11$0.11$0.21$1.26
2022$0.00$0.11$0.11$0.11$0.11$0.11$0.11$0.11$0.11$0.11$0.11$0.21$1.28
2021$0.00$0.11$0.11$0.11$0.11$0.11$0.11$0.11$0.11$0.11$0.11$0.22$1.31

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 Global X U.S. Preferred 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 Global X U.S. Preferred ETF was 30.93%, occurring on Mar 18, 2020. Recovery took 108 trading sessions.

The current Global X U.S. Preferred ETF drawdown is 7.42%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-30.93%Feb 12, 202025Mar 18, 2020108Aug 20, 2020133
-24.45%Nov 8, 2021490Oct 19, 2023
-8.44%Sep 4, 201878Dec 24, 201843Feb 27, 2019121
-4.25%Dec 11, 201741Feb 8, 201899Jul 2, 2018140
-3.39%Jan 4, 202137Feb 25, 202126Apr 5, 202163

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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