NPFI vs. QPFF

Last updated Jun 5, 2026

NPFI (Nuveen Preferred And Income ETF) and QPFF (American Century Quality Preferred ETF) are both Preferred Stock/Convertible Bonds funds. Both are actively managed. NPFI charges 0.55%/yr vs 0.33%/yr for QPFF.

Performance

NPFI vs. QPFF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Nuveen Preferred And Income ETF (NPFI) and American Century Quality Preferred ETF (QPFF). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

NPFI

• 1D: 0.06%
• 1M: 0.43%
• YTD: 1.68%
• 6M: 2.17%
• 1Y: 7.77%
• 3Y*: —
• 5Y*: —
• 10Y*: —

QPFF

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

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

NPFI vs. QPFF - Yearly Performance Comparison

	2026 (YTD)
NPFI Nuveen Preferred And Income ETF	0.79%
QPFF American Century Quality Preferred ETF	0.00%

Return for Risk

NPFI vs. QPFF — Risk / Return Rank

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

NPFI

NPFI Risk / Return Rank: 76
NPFI Sharpe Ratio Rank: 83
NPFI Sortino Ratio Rank: 90
NPFI Omega Ratio Rank: 93
NPFI Calmar Ratio Rank: 50
NPFI Martin Ratio Rank: 66

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.

NPFI vs. QPFF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Nuveen Preferred And Income ETF (NPFI) and American Century Quality Preferred ETF (QPFF). 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.

	NPFI	QPFF	Difference
Sharpe ratio: Return per unit of total volatility	2.68	—	—
Sortino ratio: Return per unit of downside risk	4.12	—	—
Omega ratio: Gain probability vs. loss probability	1.63	—	—
Calmar ratio: Return relative to maximum drawdown	2.45	—	—
Martin ratio: Return relative to average drawdown	11.83	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	NPFI	QPFF	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.68	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	2.66	—	—

Drawdowns

NPFI vs. QPFF - Drawdown Comparison

The maximum NPFI drawdown since its inception was -3.18%, which is greater than QPFF's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for NPFI and QPFF.

Drawdown Indicators

	NPFI	QPFF	Difference
Max Drawdown Largest peak-to-trough decline	-3.18%	0.00%	-3.18%
Max Drawdown (1Y) Largest decline over 1 year	-3.18%	—	—
Current Drawdown Current decline from peak	-0.06%	0.00%	-0.06%
Average Drawdown Average peak-to-trough decline	-0.34%	0.00%	-0.34%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.66%	—	—

Volatility

Volatility by Period

	NPFI	QPFF	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.75%	—	—
Volatility (6M) Calculated over the trailing 6-month period	2.53%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	2.91%	0.00%	+2.91%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.95%	0.00%	+2.95%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	2.95%	0.00%	+2.95%

NPFI vs. QPFF - Expense Ratio Comparison

NPFI has a 0.55% expense ratio, which is higher than QPFF's 0.33% expense ratio.

Dividends

NPFI vs. QPFF - Dividend Comparison

NPFI's dividend yield for the trailing twelve months is around 6.40%, while QPFF has not paid dividends to shareholders.

Position	TTM	2025	2024
NPFI Nuveen Preferred And Income ETF	6.40%	6.33%	5.10%
QPFF American Century Quality Preferred ETF	0.00%	0.00%	0.00%

Frequently Asked Questions

Which ETF is better, NPFI or QPFF?

On fees, QPFF is cheaper at 0.33% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, NPFI or QPFF?

QPFF is cheaper with a 0.33% expense ratio, compared with 0.55% for NPFI.

Which ETF pays a higher dividend yield, NPFI or QPFF?

NPFI has the higher dividend yield at 6.40%, compared with 0.00% for QPFF.

What is the main difference between NPFI and QPFF?

They also come from different issuers: Nuveen and American Century. Their fees differ too: 0.55% for NPFI and 0.33% for QPFF.