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Global X Variable Rate Preferred ETF (PFFV)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

ISIN

US37954Y3760

CUSIP

37954Y376

Issuer

Global X

Inception Date

Jun 22, 2020

Region

North America (U.S.)

Leveraged

1x

Index Tracked

ICE U.S. Variable Rate Preferred Securities Index

Asset Class

Preferred Stock

Asset Class Size

Micro-Cap

Asset Class Style

Blend

Expense Ratio

PFFV has an expense ratio of 0.25%, which is considered low.


Expense ratio chart for PFFV: current value is 0.25%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
PFFV: 0.25%

Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


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.


20.00%40.00%60.00%80.00%100.00%NovemberDecember2025FebruaryMarchApril
26.17%
81.13%
PFFV (Global X Variable Rate Preferred ETF)
Benchmark (^GSPC)

Returns By Period

Global X Variable Rate Preferred ETF had a return of -0.05% year-to-date (YTD) and 7.33% in the last 12 months.


PFFV

YTD

-0.05%

1M

-1.99%

6M

-0.33%

1Y

7.33%

5Y*

N/A

10Y*

N/A

^GSPC (Benchmark)

YTD

-6.06%

1M

-3.27%

6M

-4.87%

1Y

9.44%

5Y*

14.30%

10Y*

10.11%

*Annualized

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.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20251.61%1.09%-1.13%-1.58%-0.05%
20242.55%0.61%0.23%-1.00%2.60%0.02%0.70%1.14%1.66%1.34%1.41%-2.08%9.45%
20238.22%0.14%-5.28%0.33%-2.37%1.44%3.46%0.57%0.53%-3.19%5.13%1.89%10.65%
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%0.85%1.08%1.97%0.18%0.11%-0.04%0.65%-2.53%2.24%6.27%
2020-0.32%4.46%2.77%-0.82%-0.47%4.93%2.66%13.79%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

With an overall rank of 81, PFFV is among the top 19% of ETFs on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.


The Risk-Adjusted Performance Rank of PFFV is 8181
Overall Rank
The Sharpe Ratio Rank of PFFV is 7979
Sharpe Ratio Rank
The Sortino Ratio Rank of PFFV is 7878
Sortino Ratio Rank
The Omega Ratio Rank of PFFV is 7878
Omega Ratio Rank
The Calmar Ratio Rank of PFFV is 8585
Calmar Ratio Rank
The Martin Ratio Rank of PFFV is 8383
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

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.


The chart of Sharpe ratio for PFFV, currently valued at 0.98, compared to the broader market-1.000.001.002.003.004.00
PFFV: 0.98
^GSPC: 0.46
The chart of Sortino ratio for PFFV, currently valued at 1.40, compared to the broader market-2.000.002.004.006.008.00
PFFV: 1.40
^GSPC: 0.77
The chart of Omega ratio for PFFV, currently valued at 1.19, compared to the broader market0.501.001.502.00
PFFV: 1.19
^GSPC: 1.11
The chart of Calmar ratio for PFFV, currently valued at 1.15, compared to the broader market0.002.004.006.008.0010.0012.00
PFFV: 1.15
^GSPC: 0.47
The chart of Martin ratio for PFFV, currently valued at 4.72, compared to the broader market0.0020.0040.0060.00
PFFV: 4.72
^GSPC: 1.94

The current Global X Variable Rate Preferred ETF Sharpe ratio is 0.98. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of Global X Variable Rate Preferred ETF with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.


Rolling 12-month Sharpe Ratio0.001.002.003.00NovemberDecember2025FebruaryMarchApril
0.98
0.46
PFFV (Global X Variable Rate Preferred ETF)
Benchmark (^GSPC)

Dividends

Dividend History

Global X Variable Rate Preferred ETF provided a 7.54% dividend yield over the last twelve months, with an annual payout of $1.75 per share. The fund has been increasing its distributions for 4 consecutive years.


3.00%4.00%5.00%6.00%7.00%$0.00$0.50$1.00$1.5020202021202220232024
Dividends
Dividend Yield
PeriodTTM20242023202220212020
Dividend$1.75$1.73$1.66$1.49$1.43$0.74

Dividend yield

7.54%7.33%7.17%6.60%5.15%2.67%

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.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2025$0.00$0.14$0.14$0.14$0.42
2024$0.00$0.13$0.13$0.13$0.13$0.14$0.14$0.14$0.14$0.15$0.15$0.34$1.73
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$0.22$1.43
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.


-20.00%-15.00%-10.00%-5.00%0.00%NovemberDecember2025FebruaryMarchApril
-2.97%
-10.07%
PFFV (Global X Variable Rate Preferred ETF)
Benchmark (^GSPC)

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 19.02%, occurring on May 4, 2023. Recovery took 285 trading sessions.

The current Global X Variable Rate Preferred ETF drawdown is 2.97%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-19.02%Nov 9, 2021373May 4, 2023285Jun 24, 2024658
-6.07%Feb 26, 202533Apr 11, 2025
-3.28%Sep 17, 20206Sep 24, 20208Oct 6, 202014
-3.01%Nov 11, 202427Dec 18, 202441Feb 20, 202568
-2.8%Jan 21, 202125Feb 25, 20219Mar 10, 202134

Volatility

Volatility Chart

The current Global X Variable Rate Preferred ETF volatility is 3.89%, 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.


0.00%5.00%10.00%15.00%NovemberDecember2025FebruaryMarchApril
3.89%
14.23%
PFFV (Global X Variable Rate Preferred ETF)
Benchmark (^GSPC)