SPDR ICE Preferred Securities ETF (PSK)

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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.

SPDR ICE Preferred Securities ETF (PSK) has returned -1.59% so far this year and 1.83% over the past 12 months. Over the last ten years, PSK has returned 2.29% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.

Based on dividend-adjusted daily data since Sep 17, 2009, PSK's average daily return is +0.02%, while the average monthly return is +0.40%. At this rate, your investment would double in approximately 14.5 years.

Historically, 63% of months were positive and 37% were negative. The best month was Jan 2023 with a return of +12.2%, while the worst month was Mar 2020 at -8.0%. The longest winning streak lasted 11 consecutive months, and the longest losing streak was 5 months.

On a daily basis, PSK closed higher 55% of trading days. The best single day was Mar 24, 2020 with a return of +8.4%, while the worst single day was Mar 18, 2020 at -17.1%.

SPDR ICE Preferred Securities ETF has an annualized alpha of 1.26%, beta of 0.30, and R² of 0.25 versus S&P 500 Index. Calculated based on daily prices since September 18, 2009.

• This ETF participated in 34.91% of S&P 500 Index downside but only 30.53% of its upside — more exposed to losses than it benefited from rallies.
• Beta of 0.30 may look defensive, but with R² of 0.25 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 0.25 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.

PSK has an expense ratio of 0.45%, placing it in the medium range.

PSK ranks 17 for risk / return — in the bottom 17% 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.

The table below present risk-adjusted performance metrics for SPDR ICE Preferred Securities ETF (PSK) and compare them to a chosen benchmark (S&P 500 Index).

SPDR ICE Preferred Securities ETF provided a 7.00% dividend yield over the last twelve months, with an annual payout of $2.16 per share. The fund has been increasing its distributions for 3 consecutive years.

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.

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 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 105 trading sessions.

The current SPDR ICE Preferred Securities ETF drawdown is 6.93%.

The chart below shows the rolling one-month volatility.