PFFA vs. BCD
PFFA (Virtus InfraCap U.S. Preferred Stock ETF) and BCD (abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF) are both exchange-traded funds - PFFA is a Preferred Stock/Convertible Bonds fund actively managed by Virtus Investment Partners, while BCD is a Commodities fund actively managed by Aberdeen. Both are actively managed. Over the past 5 years, PFFA returned 6.57%/yr vs 11.98%/yr for BCD. At a 0.18 correlation, their price movements are largely independent. PFFA charges 1.47%/yr vs 0.29%/yr for BCD.
Performance
PFFA vs. BCD - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, PFFA achieves a 3.08% return, which is significantly lower than BCD's 20.45% return.
PFFA
- 1D
- -0.70%
- 1M
- -0.26%
- YTD
- 3.08%
- 6M
- 4.03%
- 1Y
- 14.79%
- 3Y*
- 14.46%
- 5Y*
- 6.57%
- 10Y*
- —
BCD
- 1D
- -0.16%
- 1M
- -1.43%
- YTD
- 20.45%
- 6M
- 20.51%
- 1Y
- 31.80%
- 3Y*
- 14.44%
- 5Y*
- 11.98%
- 10Y*
- —
PFFA vs. BCD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
PFFA Virtus InfraCap U.S. Preferred Stock ETF | 3.08% | 8.22% | 16.11% | 26.45% | -20.91% | 23.53% | -7.87% | 31.99% | -7.10% |
BCD abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF | 20.45% | 15.71% | 6.20% | -7.58% | 18.38% | 31.87% | 4.76% | 7.34% | -12.91% |
Correlation
The correlation between PFFA and BCD is -0.02, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.02 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.05 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.14 |
Correlation (All Time) Calculated using the full available price history since May 17, 2018 | 0.18 |
The correlation between PFFA and BCD shifts across timeframes, from -0.02 (1 year) to 0.18 (all time), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
PFFA vs. BCD — Risk / Return Rank
PFFA
BCD
PFFA vs. BCD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Virtus InfraCap U.S. Preferred Stock ETF (PFFA) and abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF (BCD). 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.
| PFFA | BCD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.21 | ||
| Sortino ratioReturn per unit of downside risk | -0.03 | ||
| Omega ratioGain probability vs. loss probability | 1.40 | 1.43 | -0.03 |
| Calmar ratioReturn relative to maximum drawdown | 2.29 | 4.42 | -2.13 |
| Martin ratioReturn relative to average drawdown | 7.79 | 12.57 | -4.78 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| PFFA | BCD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.12 | 2.33 | -0.21 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.57 | 0.78 | -0.21 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.24 | 0.67 | -0.43 |
Drawdowns
PFFA vs. BCD - Drawdown Comparison
The maximum PFFA drawdown since its inception was -70.52%, which is greater than BCD's maximum drawdown of -29.81%. Use the drawdown chart below to compare losses from any high point for PFFA and BCD.
Loading charts...
Drawdown Indicators
| PFFA | BCD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -70.52% | -29.81% | -40.71% |
Max Drawdown (1Y)Largest decline over 1 year | -6.49% | -7.22% | +0.73% |
Max Drawdown (3Y)Largest decline over 3 years | -12.15% | -10.50% | -1.65% |
Max Drawdown (5Y)Largest decline over 5 years | -22.70% | -23.03% | +0.33% |
Current DrawdownCurrent decline from peak | -1.50% | -3.60% | +2.10% |
Average DrawdownAverage peak-to-trough decline | -6.65% | -9.86% | +3.21% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.90% | 2.54% | -0.64% |
Volatility
PFFA vs. BCD - Volatility Comparison
The current volatility for Virtus InfraCap U.S. Preferred Stock ETF (PFFA) is 1.87%, while abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF (BCD) has a volatility of 4.33%. This indicates that PFFA experiences smaller price fluctuations and is considered to be less risky than BCD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| PFFA | BCD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.87% | 4.33% | -2.46% |
Volatility (6M)Calculated over the trailing 6-month period | 5.68% | 11.74% | -6.06% |
Volatility (1Y)Calculated over the trailing 1-year period | 7.02% | 13.72% | -6.70% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.51% | 15.41% | -3.90% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 31.84% | 13.90% | +17.94% |
PFFA vs. BCD - Expense Ratio Comparison
PFFA has a 1.47% expense ratio, which is higher than BCD's 0.29% expense ratio.
Dividends
PFFA vs. BCD - Dividend Comparison
PFFA's dividend yield for the trailing twelve months is around 9.62%, less than BCD's 14.29% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
BCD abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF | 14.29% | 17.21% | 3.60% | 4.51% | 5.21% | 8.30% | 1.29% | 1.55% | 1.59% | 0.07% |
PFFA Virtus InfraCap U.S. Preferred Stock ETF | 9.62% | 9.47% | 9.18% | 9.56% | 10.75% | 7.64% | 8.54% | 10.02% | 5.15% | 0.00% |
Frequently Asked Questions
PFFA and BCD have a correlation of -0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BCD has higher volatility (4.33%) compared to PFFA (1.87%). In terms of maximum drawdown, PFFA dropped -70.52% vs BCD's -29.81%.
On 5-year performance, BCD leads with 11.98% vs 6.57% for PFFA. On fees, BCD is cheaper at 0.29% per year. On volatility, PFFA has been the lower-risk option at 1.87%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, BCD has performed better with a 11.98% return vs 6.57%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
BCD is cheaper with a 0.29% expense ratio, compared with 1.47% for PFFA.
BCD has the higher dividend yield at 14.29%, compared with 9.62% for PFFA.
PFFA is categorized as Preferred Stock/Convertible Bonds, while BCD is Commodities. They also come from different issuers: Virtus Investment Partners and Aberdeen. Their fees differ too: 1.47% for PFFA and 0.29% for BCD.
BCD currently has the higher Sharpe Ratio (2.33 vs 2.12), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for PFFA and BCD
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer