FFC vs. FDHY

Last updated Apr 1, 2026

Compare and contrast key facts about Flaherty & Crumrine Preferred Securities Income Fund Inc. (FFC) and Fidelity High Yield Factor ETF (FDHY).

FDHY is an actively managed fund by Fidelity. It was launched on Jun 12, 2018.

Performance

FFC vs. FDHY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Flaherty & Crumrine Preferred Securities Income Fund Inc. (FFC) and Fidelity High Yield Factor ETF (FDHY). The values are adjusted to include any dividend payments, if applicable.

FFC vs. FDHY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
FFC Flaherty & Crumrine Preferred Securities Income Fund Inc.	-4.42%	14.30%	20.06%	-0.28%	-25.21%	-0.81%	15.93%	38.76%	-7.37%
FDHY Fidelity High Yield Factor ETF	-0.03%	9.24%	7.53%	11.14%	-11.30%	4.33%	10.71%	16.87%	-2.14%

Returns By Period

In the year-to-date period, FFC achieves a -4.42% return, which is significantly lower than FDHY's -0.03% return.

FFC

• 1D: 3.20%
• 1M: -5.91%
• YTD: -4.42%
• 6M: -4.70%
• 1Y: 4.69%
• 3Y*: 11.71%
• 5Y*: -1.02%
• 10Y*: 4.69%

FDHY

• 1D: 0.93%
• 1M: -0.97%
• YTD: -0.03%
• 6M: 1.70%
• 1Y: 7.87%
• 3Y*: 7.80%
• 5Y*: 3.80%
• 10Y*: —

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

Return for Risk

FFC vs. FDHY — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FFC

FFC Risk / Return Rank: 52
FFC Sharpe Ratio Rank: 56
FFC Sortino Ratio Rank: 45
FFC Omega Ratio Rank: 48
FFC Calmar Ratio Rank: 53
FFC Martin Ratio Rank: 59

FDHY

FDHY Risk / Return Rank: 82
FDHY Sharpe Ratio Rank: 81
FDHY Sortino Ratio Rank: 84
FDHY Omega Ratio Rank: 87
FDHY Calmar Ratio Rank: 72
FDHY Martin Ratio Rank: 87

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FFC vs. FDHY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Flaherty & Crumrine Preferred Securities Income Fund Inc. (FFC) and Fidelity High Yield Factor ETF (FDHY). 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.

	FFC	FDHY	Difference
Sharpe ratio Return per unit of total volatility	0.37	1.50	-1.13
Sortino ratio Return per unit of downside risk	0.55	2.16	-1.62
Omega ratio Gain probability vs. loss probability	1.09	1.34	-0.25
Calmar ratio Return relative to maximum drawdown	0.46	1.78	-1.32
Martin ratio Return relative to average drawdown	1.69	9.89	-8.20
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FFC vs. FDHY - Sharpe Ratio Comparison

The current FFC Sharpe Ratio is 0.37, which is lower than the FDHY Sharpe Ratio of 1.50. The chart below compares the historical Sharpe Ratios of FFC and FDHY, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	FFC	FDHY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.37	1.50	-1.13
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.07	0.54	-0.60
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.21	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.25	0.69	-0.45

Correlation

The correlation between FFC and FDHY is 0.43, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

FFC vs. FDHY - Dividend Comparison

FFC's dividend yield for the trailing twelve months is around 7.71%, more than FDHY's 6.60% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FFC Flaherty & Crumrine Preferred Securities Income Fund Inc.	7.71%	7.08%	6.97%	7.54%	9.11%	7.03%	6.18%	6.27%	8.21%	7.29%	8.62%	8.14%
FDHY Fidelity High Yield Factor ETF	6.60%	6.56%	6.58%	6.26%	5.34%	6.09%	5.78%	4.94%	2.55%	0.00%	0.00%	0.00%

Drawdowns

FFC vs. FDHY - Drawdown Comparison

The maximum FFC drawdown since its inception was -77.72%, which is greater than FDHY's maximum drawdown of -20.01%. Use the drawdown chart below to compare losses from any high point for FFC and FDHY.

Drawdown Indicators

	FFC	FDHY	Difference
Max Drawdown Largest peak-to-trough decline	-77.72%	-20.01%	-57.71%
Max Drawdown (1Y) Largest decline over 1 year	-10.24%	-4.54%	-5.70%
Max Drawdown (5Y) Largest decline over 5 years	-39.57%	-16.38%	-23.19%
Max Drawdown (10Y) Largest decline over 10 years	-54.06%	—	—
Current Drawdown Current decline from peak	-7.25%	-1.21%	-6.04%
Average Drawdown Average peak-to-trough decline	-10.70%	-2.93%	-7.77%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.77%	0.82%	+1.95%

Volatility

FFC vs. FDHY - Volatility Comparison

Flaherty & Crumrine Preferred Securities Income Fund Inc. (FFC) has a higher volatility of 5.80% compared to Fidelity High Yield Factor ETF (FDHY) at 1.89%. This indicates that FFC's price experiences larger fluctuations and is considered to be riskier than FDHY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FFC	FDHY	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.80%	1.89%	+3.91%
Volatility (6M) Calculated over the trailing 6-month period	7.52%	2.72%	+4.80%
Volatility (1Y) Calculated over the trailing 1-year period	12.74%	5.29%	+7.45%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.36%	7.11%	+8.25%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.75%	8.12%	+14.63%