Global X Variable Rate Preferred ETF (PFFV)
PFFV is a passive ETF by Global X tracking the investment results of the ICE U.S. Variable Rate Preferred Securities Index. PFFV launched on Jun 22, 2020 and has a 0.25% expense ratio.
ETF Info
US37954Y3760
37954Y376
Jun 22, 2020
North America (U.S.)
1x
ICE U.S. Variable Rate Preferred Securities Index
Micro-Cap
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 Variable Rate 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.
Returns By Period
Global X Variable Rate Preferred ETF had a return of 10.17% year-to-date (YTD) and 14.02% in the last 12 months.
PFFV
10.17%
-0.14%
5.72%
14.02%
N/A
N/A
^GSPC (Benchmark)
24.72%
1.67%
12.93%
30.55%
13.88%
11.16%
Monthly Returns
The table below presents the monthly returns of PFFV, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 2.55% | 0.61% | 0.23% | -1.00% | 2.60% | 0.02% | 0.70% | 1.14% | 1.66% | 1.34% | 10.17% | ||
| 2023 | 8.22% | 0.14% | -5.28% | 0.33% | -2.37% | 1.44% | 3.46% | 0.57% | 0.53% | -3.19% | 5.13% | 1.88% | 10.64% |
| 2022 | -2.78% | -2.27% | -0.11% | -2.52% | -0.45% | -3.14% | 3.98% | -3.04% | -2.06% | -2.60% | 4.02% | -3.42% | -13.81% |
| 2021 | -1.13% | -0.84% | 3.70% | 0.86% | 1.08% | 1.97% | 0.18% | 0.12% | -0.03% | 0.65% | -2.53% | 2.32% | 6.37% |
| 2020 | -0.32% | 4.46% | 2.77% | -0.82% | -0.47% | 4.93% | 2.66% | 13.80% |
Expense Ratio
PFFV has an expense ratio of 0.25%, which is considered low compared to other funds.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of PFFV is 65, suggesting that the investment has average results relative to other ETFs in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Global X Variable Rate Preferred ETF (PFFV) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Global X Variable Rate Preferred ETF provided a 7.31% dividend yield over the last twelve months, with an annual payout of $1.76 per share. The fund has been increasing its distributions for 3 consecutive years.
| Period | TTM | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Dividend | $1.76 | $1.66 | $1.49 | $1.46 | $0.74 |
Dividend yield | 7.31% | 7.17% | 6.60% | 5.25% | 2.69% |
Monthly Dividends
The table displays the monthly dividend distributions for Global X Variable Rate Preferred ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.13 | $0.13 | $0.13 | $0.13 | $0.14 | $0.14 | $0.14 | $0.14 | $0.15 | $0.15 | $1.38 | |
| 2023 | $0.00 | $0.13 | $0.13 | $0.13 | $0.13 | $0.13 | $0.13 | $0.13 | $0.13 | $0.13 | $0.13 | $0.38 | $1.66 |
| 2022 | $0.00 | $0.13 | $0.13 | $0.13 | $0.13 | $0.13 | $0.13 | $0.13 | $0.13 | $0.13 | $0.12 | $0.24 | $1.49 |
| 2021 | $0.00 | $0.12 | $0.12 | $0.12 | $0.12 | $0.12 | $0.12 | $0.12 | $0.12 | $0.12 | $0.12 | $0.24 | $1.46 |
| 2020 | $0.12 | $0.12 | $0.12 | $0.12 | $0.25 | $0.74 |
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.
Worst Drawdowns
The table below displays the maximum drawdowns of the Global X Variable Rate 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 Variable Rate Preferred ETF was 18.95%, occurring on May 4, 2023. Recovery took 284 trading sessions.
The current Global X Variable Rate Preferred ETF drawdown is 1.67%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -18.95% | Nov 9, 2021 | 373 | May 4, 2023 | 284 | Jun 21, 2024 | 657 |
| -3.28% | Sep 17, 2020 | 6 | Sep 24, 2020 | 8 | Oct 6, 2020 | 14 |
| -2.79% | Jan 21, 2021 | 25 | Feb 25, 2021 | 9 | Mar 10, 2021 | 34 |
| -2.77% | Jan 4, 2021 | 7 | Jan 12, 2021 | 5 | Jan 20, 2021 | 12 |
| -2.43% | Oct 13, 2020 | 12 | Oct 28, 2020 | 8 | Nov 9, 2020 | 20 |
Volatility
Volatility Chart
The current Global X Variable Rate Preferred ETF volatility is 2.44%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.