Principal Spectrum Preferred and Income ETF (PQDI)

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Principal Spectrum Preferred and Income ETF (PQDI) is up 1.2% since the beginning of the year. PQDI is currently trading at $19 per share. Investors who bought $1,000 worth of PQDI shares 5 years ago would now be looking at an investment worth $1,172.

Principal Spectrum Preferred and Income ETF (PQDI) has returned 1.19% so far this year and 7.12% over the past 12 months.

Based on dividend-adjusted daily data since Jun 17, 2020, PQDI's average daily return is +0.02%, while the average monthly return is +0.39%. At this rate, an investment would double in approximately 14.8 years.

Historically, 66% of months were positive and 34% were negative. The best month was Jan 2023 with a return of +5.0%, while the worst month was Mar 2023 at -5.9%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 4 months.

On a daily basis, PQDI closed higher 55% of trading days. The best single day was Mar 21, 2023 with a return of +2.8%, while the worst single day was Mar 20, 2023 at -3.2%.

Principal Spectrum Preferred and Income ETF has an annualized alpha of 2.59%, beta of 0.13, and R2 of 0.23 versus S&P 500 Index. Calculated based on daily prices since June 18, 2020.

• This ETF participated in 31.06% of S&P 500 Index downside but only 23.96% of its upside - more exposed to losses than it benefited from rallies.
• Beta of 0.13 may look defensive, but with R2 of 0.23 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 0.23 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.

PQDI has an expense ratio of 0.60%, placing it in the medium range.

PQDI ranks 65 for risk / return — better than 65% of ETFs on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.

The table below present risk-adjusted performance metrics for Principal Spectrum Preferred and Income ETF (PQDI) and compare them to S&P 500 Index.

Principal Spectrum Preferred and Income ETF provided a 5.46% dividend yield over the last twelve months, with an annual payout of $1.06 per share.

The table displays the monthly dividend distributions for Principal Spectrum Preferred and Income ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

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.

The table below displays the maximum drawdowns of the Principal Spectrum Preferred and Income 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 Principal Spectrum Preferred and Income ETF was 17.41%, occurring on Mar 20, 2023. Recovery took 313 trading sessions.

The current Principal Spectrum Preferred and Income ETF drawdown is 0.63%.

The chart below shows the rolling one-month volatility.