IPPP vs. CSSD

Last updated Jun 4, 2026

IPPP (Preferred-Plus ETF) and CSSD (Cohen & Steers Short Duration Preferred and Income Active ETF) are both Preferred Stock/Convertible Bonds funds. Both are actively managed. IPPP charges 1.27%/yr vs 0.49%/yr for CSSD.

Performance

IPPP vs. CSSD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Preferred-Plus ETF (IPPP) and Cohen & Steers Short Duration Preferred and Income Active ETF (CSSD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

IPPP

• 1D: 0.00%
• 1M: 0.00%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

CSSD

• 1D: 0.04%
• 1M: 0.63%
• YTD: 2.56%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

IPPP vs. CSSD - Yearly Performance Comparison

	2026 (YTD)
IPPP Preferred-Plus ETF	0.00%
CSSD Cohen & Steers Short Duration Preferred and Income Active ETF	1.40%

Return for Risk

IPPP vs. CSSD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Preferred-Plus ETF (IPPP) and Cohen & Steers Short Duration Preferred and Income Active ETF (CSSD). 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.

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

Sharpe Ratios by Period

	IPPP	CSSD	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	—	2.09	—

Drawdowns

IPPP vs. CSSD - Drawdown Comparison

The maximum IPPP drawdown since its inception was 0.00%, smaller than the maximum CSSD drawdown of -2.32%. Use the drawdown chart below to compare losses from any high point for IPPP and CSSD.

Drawdown Indicators

	IPPP	CSSD	Difference
Max Drawdown Largest peak-to-trough decline	0.00%	-2.32%	+2.32%
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	0.00%	-0.32%	+0.32%

Volatility

Volatility by Period

	IPPP	CSSD	Difference
Volatility (1Y) Calculated over the trailing 1-year period	0.00%	3.18%	-3.18%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.00%	3.18%	-3.18%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.00%	3.18%	-3.18%

IPPP vs. CSSD - Expense Ratio Comparison

IPPP has a 1.27% expense ratio, which is higher than CSSD's 0.49% expense ratio.

Dividends

IPPP vs. CSSD - Dividend Comparison

IPPP has not paid dividends to shareholders, while CSSD's dividend yield for the trailing twelve months is around 2.63%.

Position	TTM	2025
CSSD Cohen & Steers Short Duration Preferred and Income Active ETF	2.63%	0.53%
IPPP Preferred-Plus ETF	0.00%	0.00%

Frequently Asked Questions

Which ETF is better, IPPP or CSSD?

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.

Which ETF is cheaper, IPPP or CSSD?

CSSD is cheaper with a 0.49% expense ratio, compared with 1.27% for IPPP.

Which ETF pays a higher dividend yield, IPPP or CSSD?

CSSD has the higher dividend yield at 2.63%, compared with 0.00% for IPPP.

What is the main difference between IPPP and CSSD?

They also come from different issuers: Innovative Portfolios and Cohen & Steers. Their fees differ too: 1.27% for IPPP and 0.49% for CSSD.