EVPF vs. PFFV

Last updated Aug 6, 2026

EVPF (Eaton Vance Preferred Securities and Income ETF) and PFFV (Global X Variable Rate Preferred ETF) are both Preferred Stock funds. EVPF is actively managed, while PFFV is passively managed. Their 0.63 correlation means they have sometimes moved together and sometimes differently. EVPF charges 0.39%/yr vs 0.25%/yr for PFFV.

Performance

EVPF vs. PFFV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Eaton Vance Preferred Securities and Income ETF (EVPF) and Global X Variable Rate Preferred ETF (PFFV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

EVPF

• 1D: -0.01%
• 1M: -0.30%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

PFFV

• 1D: 0.14%
• 1M: 0.14%
• 6M: 1.28%
• YTD: 3.27%
• 1Y: 3.41%
• 3Y*: 6.80%
• 5Y*: 1.94%
• 10Y*: —
• ALL TIME*: 4.73%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
EVPF Eaton Vance Preferred Securities and Income ETF	$181.51K	$295.47K	$349.57K
PFFV Global X Variable Rate Preferred ETF	$1.11M	$1.22M	$1.23M

EVPF vs. PFFV - Yearly Performance Comparison

	2026 (YTD)
EVPF Eaton Vance Preferred Securities and Income ETF	1.70%
PFFV Global X Variable Rate Preferred ETF	1.36%

Correlation

The correlation between EVPF and PFFV is 0.63, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (All Time) Calculated using the full available price history since Mar 5, 2026	0.63

Return for Risk

EVPF vs. PFFV — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

EVPF

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

PFFV

PFFV Risk / Return Rank: 29
PFFV Sharpe Ratio Rank: 30
PFFV Sortino Ratio Rank: 29
PFFV Omega Ratio Rank: 28
PFFV Calmar Ratio Rank: 29
PFFV Martin Ratio Rank: 29

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

EVPF vs. PFFV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Eaton Vance Preferred Securities and Income ETF (EVPF) and Global X Variable Rate Preferred ETF (PFFV). 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.

	EVPF	PFFV	Difference
Sharpe ratio: Return per unit of total volatility	—	0.84	—
Sortino ratio: Return per unit of downside risk	—	1.21	—
Omega ratio: Gain probability vs. loss probability	—	1.15	—
Calmar ratio: Return relative to maximum drawdown	—	1.06	—
Martin ratio: Return relative to average drawdown	—	2.93	—

Drawdowns

EVPF vs. PFFV - Drawdown Comparison

The maximum EVPF drawdown since its inception was -2.36%, smaller than the maximum PFFV drawdown of -18.96%. Use the drawdown chart below to compare losses from any high point for EVPF and PFFV.

Drawdown Indicators

	EVPF	PFFV	Difference
Max Drawdown Largest peak-to-trough decline	-2.36%	-18.96%	+16.60%
Max Drawdown (1Y) Largest decline over 1 year	—	-3.23%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-6.07%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-18.96%	—
Current Drawdown Current decline from peak	-0.30%	0.00%	-0.30%
Average Drawdown Average peak-to-trough decline	-0.45%	-4.08%	+3.63%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.17%	—

Volatility

Volatility by Period

	EVPF	PFFV	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.81%	—
Volatility (6M) Calculated over the trailing 6-month period	—	3.07%	—
Volatility (1Y) Calculated over the trailing 1-year period	3.75%	4.09%	-0.34%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	3.75%	8.85%	-5.10%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.75%	8.59%	-4.84%

EVPF vs. PFFV - Expense Ratio Comparison

EVPF has a 0.39% expense ratio, which is higher than PFFV's 0.25% expense ratio.

Dividends

EVPF vs. PFFV - Dividend Comparison

EVPF's dividend yield for the trailing twelve months is around 2.09%, less than PFFV's 8.12% yield.

Position	TTM	2025	2024	2023	2022	2021	2020
EVPF Eaton Vance Preferred Securities and Income ETF	2.09%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
PFFV Global X Variable Rate Preferred ETF	8.12%	8.26%	7.33%	7.17%	6.60%	5.23%	2.29%

Frequently Asked Questions

Can I hold both EVPF and PFFV in my portfolio?

EVPF and PFFV have a correlation of 0.63, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, EVPF or PFFV?

On fees, PFFV is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, EVPF or PFFV?

PFFV is cheaper with a 0.25% expense ratio, compared with 0.39% for EVPF.

Which ETF pays a higher dividend yield, EVPF or PFFV?

PFFV has the higher dividend yield at 8.12%, compared with 2.09% for EVPF.

What is the main difference between EVPF and PFFV?

They also come from different issuers: Eaton Vance and Global X. Their fees differ too: 0.39% for EVPF and 0.25% for PFFV.