CSSD vs. PQDI
CSSD (Cohen & Steers Short Duration Preferred and Income Active ETF) and PQDI (Principal Spectrum Preferred and Income ETF) are both Preferred Stock/Convertible Bonds funds. CSSD is actively managed, while PQDI is passively managed. A 0.69 correlation means they provide meaningful diversification when combined. CSSD charges 0.49%/yr vs 0.60%/yr for PQDI.
Performance
CSSD vs. PQDI - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, CSSD achieves a 2.72% return, which is significantly higher than PQDI's 1.39% return.
CSSD
- 1D
- -0.12%
- 1M
- 0.68%
- YTD
- 2.72%
- 6M
- 2.91%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
PQDI
- 1D
- -0.11%
- 1M
- 0.48%
- YTD
- 1.39%
- 6M
- 1.47%
- 1Y
- 6.43%
- 3Y*
- 9.15%
- 5Y*
- 3.17%
- 10Y*
- —
CSSD vs. PQDI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
CSSD Cohen & Steers Short Duration Preferred and Income Active ETF | 2.72% | 0.49% |
PQDI Principal Spectrum Preferred and Income ETF | 1.39% | 0.61% |
Correlation
The correlation between CSSD and PQDI is 0.69, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Dec 10, 2025 | 0.69 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
CSSD vs. PQDI — Risk / Return Rank
CSSD
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
PQDI
CSSD vs. PQDI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Cohen & Steers Short Duration Preferred and Income Active ETF (CSSD) and Principal Spectrum Preferred and Income ETF (PQDI). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| CSSD | PQDI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.42 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 1.95 | — |
| Martin ratioReturn relative to average drawdown | — | 8.62 | — |
Loading charts...
Drawdowns
CSSD vs. PQDI - Drawdown Comparison
The maximum CSSD drawdown since its inception was -2.32%, smaller than the maximum PQDI drawdown of -17.41%. Use the drawdown chart below to compare losses from any high point for CSSD and PQDI.
Loading charts...
Drawdown Indicators
| CSSD | PQDI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -2.32% | -17.41% | +15.09% |
Max Drawdown (1Y)Largest decline over 1 year | — | -3.31% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -3.31% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -17.41% | — |
Current DrawdownCurrent decline from peak | -0.20% | -0.43% | +0.23% |
Average DrawdownAverage peak-to-trough decline | -0.29% | -3.48% | +3.19% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 0.75% | — |
Volatility
CSSD vs. PQDI - Volatility Comparison
Loading charts...
Volatility by Period
| CSSD | PQDI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 0.89% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 2.90% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 3.08% | 3.27% | -0.19% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.08% | 4.70% | -1.62% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.08% | 4.54% | -1.46% |
CSSD vs. PQDI - Expense Ratio Comparison
CSSD has a 0.49% expense ratio, which is lower than PQDI's 0.60% expense ratio.
Dividends
CSSD vs. PQDI - Dividend Comparison
CSSD's dividend yield for the trailing twelve months is around 2.63%, less than PQDI's 5.45% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
CSSD Cohen & Steers Short Duration Preferred and Income Active ETF | 2.63% | 0.53% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
PQDI Principal Spectrum Preferred and Income ETF | 5.45% | 5.02% | 4.93% | 5.35% | 5.60% | 5.21% | 2.69% |
Frequently Asked Questions
CSSD and PQDI have a correlation of 0.69, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, CSSD is cheaper at 0.49% per year. The better choice depends on whether you care most about return, fees, risk, or income.
CSSD is cheaper with a 0.49% expense ratio, compared with 0.60% for PQDI.
PQDI has the higher dividend yield at 5.45%, compared with 2.63% for CSSD.
They also come from different issuers: Cohen & Steers and Principal. Their fees differ too: 0.49% for CSSD and 0.60% for PQDI.
Find the right allocation for CSSD and PQDI
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer