SPDR ICE Preferred Securities ETF (PSK)
PSK is a passive ETF by State Street tracking the investment results of the PSK-US - ICE Exchange-Listed Fixed& Adjustable Rate Preferred Securities Index. PSK launched on Sep 16, 2009 and has a 0.45% expense ratio.
ETF Info
| ISIN | US78464A2924 |
|---|---|
| CUSIP | 78464A292 |
| Issuer | State Street |
| Inception Date | Sep 16, 2009 |
| Region | North America (U.S.) |
| Category | Preferred Stock/Convertible Bonds |
| Leveraged | 1x |
| Index Tracked | PSK-US - ICE Exchange-Listed Fixed& Adjustable Rate Preferred Securities Index |
| Asset Class | Preferred Stock |
Asset Class Size | Micro-Cap |
Expense Ratio
PSK features an expense ratio of 0.45%, falling within the medium range.
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.
Popular comparisons: PSK vs. PFF, PSK vs. VRP, PSK vs. FPEI, PSK vs. PGF, PSK vs. FLEH, PSK vs. AGG, PSK vs. PGX, PSK vs. COWZ, PSK vs. DGRW, PSK vs. FSPGX
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in SPDR ICE Preferred Securities 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
SPDR ICE Preferred Securities ETF had a return of 8.81% year-to-date (YTD) and 14.92% in the last 12 months. Over the past 10 years, SPDR ICE Preferred Securities ETF had an annualized return of 3.58%, while the S&P 500 had an annualized return of 11.39%, indicating that SPDR ICE Preferred Securities ETF did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 8.81% | 25.45% |
| 1 month | -1.86% | 2.91% |
| 6 months | 6.30% | 14.05% |
| 1 year | 14.92% | 35.64% |
| 5 years (annualized) | 1.16% | 14.13% |
| 10 years (annualized) | 3.58% | 11.39% |
Monthly Returns
The table below presents the monthly returns of PSK, 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 | 3.82% | 1.00% | 0.24% | -3.92% | 1.93% | 0.95% | 0.18% | 3.39% | 3.10% | -1.63% | 8.81% | ||
| 2023 | 12.19% | -2.67% | -4.29% | 2.07% | -2.27% | 0.39% | 1.44% | -1.67% | -1.19% | -5.05% | 8.66% | 2.34% | 8.91% |
| 2022 | -3.94% | -3.78% | -0.76% | -6.95% | 3.92% | -3.58% | 5.94% | -4.71% | -2.24% | -5.65% | 6.08% | -3.95% | -18.86% |
| 2021 | -2.27% | -1.78% | 2.74% | 0.72% | 0.51% | 1.84% | -0.30% | -0.18% | -0.02% | 0.21% | -2.13% | 2.38% | 1.57% |
| 2020 | 0.95% | -3.32% | -7.96% | 7.69% | 1.70% | -0.78% | 4.20% | 1.34% | -0.39% | -0.23% | 2.37% | 1.87% | 6.83% |
| 2019 | 6.09% | 1.27% | 1.38% | 0.73% | 0.77% | 1.15% | 2.16% | 0.89% | 0.53% | 0.48% | -1.00% | 2.02% | 17.59% |
| 2018 | -3.00% | 1.69% | 0.95% | -1.04% | 1.13% | 1.38% | -0.25% | 1.37% | -1.66% | -2.00% | -2.51% | -0.54% | -4.54% |
| 2017 | 3.15% | 1.85% | 2.42% | 1.71% | 1.12% | 0.82% | 0.60% | 0.10% | 0.03% | 0.07% | 0.38% | -0.39% | 12.44% |
| 2016 | -0.15% | 0.22% | 1.69% | 0.47% | 1.59% | 1.57% | 0.79% | 0.17% | -0.89% | -1.04% | -4.72% | -0.22% | -0.69% |
| 2015 | 2.38% | 0.19% | 1.01% | -0.60% | -0.36% | -1.25% | 1.80% | 0.11% | 0.38% | 2.16% | 0.79% | 0.95% | 7.75% |
| 2014 | 3.78% | 2.71% | 2.17% | 1.93% | 1.43% | 0.64% | -0.64% | 2.26% | -0.86% | 1.54% | 1.41% | 0.03% | 17.59% |
| 2013 | 0.90% | 0.83% | 0.76% | 1.10% | -1.34% | -2.86% | -1.54% | -2.24% | -0.75% | 1.49% | -0.31% | -1.82% | -5.75% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of PSK is 48, 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 SPDR ICE Preferred Securities ETF (PSK) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
SPDR ICE Preferred Securities ETF provided a 6.24% dividend yield over the last twelve months, with an annual payout of $2.16 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $2.16 | $2.16 | $2.15 | $2.16 | $2.44 | $2.40 | $2.56 | $3.04 | $2.48 | $2.39 | $2.48 | $3.05 |
Dividend yield | 6.24% | 6.44% | 6.55% | 5.03% | 5.49% | 5.44% | 6.47% | 6.91% | 5.92% | 5.35% | 5.65% | 7.73% |
Monthly Dividends
The table displays the monthly dividend distributions for SPDR ICE Preferred Securities 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 | $0.18 | $0.18 | $0.18 | $0.18 | $0.18 | $0.18 | $0.18 | $0.18 | $0.18 | $0.18 | $1.80 | |
| 2023 | $0.00 | $0.18 | $0.18 | $0.18 | $0.18 | $0.18 | $0.18 | $0.18 | $0.18 | $0.18 | $0.18 | $0.36 | $2.16 |
| 2022 | $0.00 | $0.18 | $0.18 | $0.18 | $0.18 | $0.18 | $0.18 | $0.18 | $0.18 | $0.18 | $0.18 | $0.35 | $2.15 |
| 2021 | $0.00 | $0.18 | $0.18 | $0.18 | $0.18 | $0.18 | $0.18 | $0.18 | $0.18 | $0.18 | $0.18 | $0.36 | $2.16 |
| 2020 | $0.00 | $0.19 | $0.19 | $0.18 | $0.36 | $0.18 | $0.18 | $0.18 | $0.18 | $0.18 | $0.18 | $0.44 | $2.44 |
| 2019 | $0.00 | $0.20 | $0.20 | $0.20 | $0.20 | $0.20 | $0.20 | $0.20 | $0.20 | $0.20 | $0.18 | $0.42 | $2.40 |
| 2018 | $0.00 | $0.20 | $0.20 | $0.20 | $0.20 | $0.20 | $0.20 | $0.20 | $0.20 | $0.20 | $0.20 | $0.56 | $2.56 |
| 2017 | $0.00 | $0.00 | $1.15 | $0.00 | $0.00 | $0.61 | $0.00 | $0.00 | $0.60 | $0.00 | $0.00 | $0.69 | $3.04 |
| 2016 | $0.00 | $0.00 | $0.40 | $0.00 | $0.00 | $0.64 | $0.00 | $0.00 | $0.62 | $0.00 | $0.00 | $0.82 | $2.48 |
| 2015 | $0.00 | $0.00 | $0.37 | $0.00 | $0.00 | $0.60 | $0.00 | $0.00 | $0.59 | $0.00 | $0.00 | $0.83 | $2.39 |
| 2014 | $0.00 | $0.00 | $0.51 | $0.00 | $0.00 | $0.49 | $0.00 | $0.00 | $0.46 | $0.00 | $0.00 | $1.02 | $2.48 |
| 2013 | $0.51 | $0.00 | $0.00 | $0.70 | $0.00 | $0.00 | $0.67 | $0.00 | $0.00 | $1.17 | $3.05 |
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 SPDR ICE Preferred Securities 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 SPDR ICE Preferred Securities ETF was 30.10%, occurring on Mar 18, 2020. Recovery took 102 trading sessions.
The current SPDR ICE Preferred Securities ETF drawdown is 4.40%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -30.1% | Feb 13, 2020 | 24 | Mar 18, 2020 | 102 | Aug 12, 2020 | 126 |
| -22.23% | Nov 8, 2021 | 490 | Oct 19, 2023 | — | — | — |
| -13.51% | May 16, 2011 | 59 | Aug 8, 2011 | 119 | Jan 27, 2012 | 178 |
| -12.05% | May 9, 2013 | 71 | Aug 19, 2013 | 176 | May 1, 2014 | 247 |
| -9.56% | Jul 25, 2016 | 80 | Nov 14, 2016 | 100 | Apr 10, 2017 | 180 |
Volatility
Volatility Chart
The current SPDR ICE Preferred Securities ETF volatility is 3.07%, 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.