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PFF vs. SPY
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


PFFSPY
YTD Return2.73%9.78%
1Y Return12.02%27.82%
3Y Return (Ann)-1.29%9.18%
5Y Return (Ann)2.45%14.39%
10Y Return (Ann)3.35%12.63%
Sharpe Ratio1.352.47
Daily Std Dev9.42%11.51%
Max Drawdown-65.55%-55.19%
Current Drawdown-8.61%-0.57%

Correlation

-0.50.00.51.00.5

The correlation between PFF and SPY is 0.55, 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.

Performance

PFF vs. SPY - Performance Comparison

In the year-to-date period, PFF achieves a 2.73% return, which is significantly lower than SPY's 9.78% return. Over the past 10 years, PFF has underperformed SPY with an annualized return of 3.35%, while SPY has yielded a comparatively higher 12.63% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


100.00%200.00%300.00%400.00%December2024FebruaryMarchAprilMay
82.86%
408.02%
PFF
SPY

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Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


iShares Preferred and Income Securities ETF

SPDR S&P 500 ETF

PFF vs. SPY - Expense Ratio Comparison

PFF has a 0.46% expense ratio, which is higher than SPY's 0.09% expense ratio.


PFF
iShares Preferred and Income Securities ETF
Expense ratio chart for PFF: current value at 0.46% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.46%
Expense ratio chart for SPY: current value at 0.09% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.09%

Risk-Adjusted Performance

PFF vs. SPY - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Preferred and Income Securities ETF (PFF) and SPDR S&P 500 ETF (SPY). 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.


PFF
Sharpe ratio
The chart of Sharpe ratio for PFF, currently valued at 1.35, compared to the broader market0.002.004.001.35
Sortino ratio
The chart of Sortino ratio for PFF, currently valued at 1.97, compared to the broader market-2.000.002.004.006.008.0010.001.97
Omega ratio
The chart of Omega ratio for PFF, currently valued at 1.25, compared to the broader market0.501.001.502.002.501.25
Calmar ratio
The chart of Calmar ratio for PFF, currently valued at 0.62, compared to the broader market0.002.004.006.008.0010.0012.0014.000.62
Martin ratio
The chart of Martin ratio for PFF, currently valued at 5.14, compared to the broader market0.0020.0040.0060.0080.005.14
SPY
Sharpe ratio
The chart of Sharpe ratio for SPY, currently valued at 2.47, compared to the broader market0.002.004.002.47
Sortino ratio
The chart of Sortino ratio for SPY, currently valued at 3.49, compared to the broader market-2.000.002.004.006.008.0010.003.49
Omega ratio
The chart of Omega ratio for SPY, currently valued at 1.43, compared to the broader market0.501.001.502.002.501.43
Calmar ratio
The chart of Calmar ratio for SPY, currently valued at 2.29, compared to the broader market0.002.004.006.008.0010.0012.0014.002.29
Martin ratio
The chart of Martin ratio for SPY, currently valued at 9.81, compared to the broader market0.0020.0040.0060.0080.009.81

PFF vs. SPY - Sharpe Ratio Comparison

The current PFF Sharpe Ratio is 1.35, which is lower than the SPY Sharpe Ratio of 2.47. The chart below compares the 12-month rolling Sharpe Ratio of PFF and SPY.


Rolling 12-month Sharpe Ratio0.001.002.003.00December2024FebruaryMarchAprilMay
1.35
2.47
PFF
SPY

Dividends

PFF vs. SPY - Dividend Comparison

PFF's dividend yield for the trailing twelve months is around 6.37%, more than SPY's 1.29% yield.


TTM20232022202120202019201820172016201520142013
PFF
iShares Preferred and Income Securities ETF
6.37%6.63%5.55%4.45%4.79%5.31%6.32%5.59%5.85%5.76%6.32%6.60%
SPY
SPDR S&P 500 ETF
1.29%1.40%1.65%1.20%1.52%1.75%2.04%1.80%2.03%2.06%1.87%1.81%

Drawdowns

PFF vs. SPY - Drawdown Comparison

The maximum PFF drawdown since its inception was -65.55%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for PFF and SPY. For additional features, visit the drawdowns tool.


-15.00%-10.00%-5.00%0.00%December2024FebruaryMarchAprilMay
-8.61%
-0.57%
PFF
SPY

Volatility

PFF vs. SPY - Volatility Comparison

The current volatility for iShares Preferred and Income Securities ETF (PFF) is 3.44%, while SPDR S&P 500 ETF (SPY) has a volatility of 3.98%. This indicates that PFF experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


1.50%2.00%2.50%3.00%3.50%4.00%4.50%5.00%December2024FebruaryMarchAprilMay
3.44%
3.98%
PFF
SPY