FPFD vs. PFF
Compare and contrast key facts about Fidelity Preferred Securities & Income ETF (FPFD) and iShares Preferred and Income Securities ETF (PFF).
FPFD and PFF are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FPFD is an actively managed fund by Fidelity. It was launched on Jun 15, 2021. PFF is a passively managed fund by iShares that tracks the performance of the S&P U.S. Preferred Stock Index. It was launched on Mar 30, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FPFD or PFF.
Correlation
The correlation between FPFD and PFF is 0.71, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
FPFD vs. PFF - Performance Comparison
Key characteristics
FPFD:
2.28
PFF:
1.05
FPFD:
3.31
PFF:
1.47
FPFD:
1.43
PFF:
1.19
FPFD:
0.95
PFF:
0.73
FPFD:
10.15
PFF:
4.93
FPFD:
0.89%
PFF:
1.67%
FPFD:
3.95%
PFF:
7.85%
FPFD:
-20.83%
PFF:
-65.55%
FPFD:
-2.37%
PFF:
-4.07%
Returns By Period
In the year-to-date period, FPFD achieves a 8.78% return, which is significantly higher than PFF's 7.96% return.
FPFD
8.78%
-0.43%
3.05%
8.82%
N/A
N/A
PFF
7.96%
-1.13%
3.92%
7.96%
2.20%
3.52%
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FPFD vs. PFF - Expense Ratio Comparison
FPFD has a 0.59% expense ratio, which is higher than PFF's 0.46% expense ratio.
Risk-Adjusted Performance
FPFD vs. PFF - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Preferred Securities & Income ETF (FPFD) and iShares Preferred and Income Securities ETF (PFF). 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.
Dividends
FPFD vs. PFF - Dividend Comparison
FPFD's dividend yield for the trailing twelve months is around 4.71%, less than PFF's 6.27% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FPFD Fidelity Preferred Securities & Income ETF | 4.71% | 5.09% | 5.22% | 1.59% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
PFF iShares Preferred and Income Securities ETF | 6.27% | 6.63% | 5.55% | 4.45% | 4.79% | 5.31% | 6.31% | 5.59% | 5.85% | 5.77% | 6.32% | 6.61% |
Drawdowns
FPFD vs. PFF - Drawdown Comparison
The maximum FPFD drawdown since its inception was -20.83%, smaller than the maximum PFF drawdown of -65.55%. Use the drawdown chart below to compare losses from any high point for FPFD and PFF. For additional features, visit the drawdowns tool.
Volatility
FPFD vs. PFF - Volatility Comparison
The current volatility for Fidelity Preferred Securities & Income ETF (FPFD) is 1.24%, while iShares Preferred and Income Securities ETF (PFF) has a volatility of 2.17%. This indicates that FPFD experiences smaller price fluctuations and is considered to be less risky than PFF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.