PFFA vs. EVPF

Last updated Jul 15, 2026

PFFA (Virtus InfraCap U.S. Preferred Stock ETF) and EVPF (Eaton Vance Preferred Securities and Income ETF) are both Preferred Stock/Convertible Bonds funds. Both are actively managed. A 0.65 correlation means they provide meaningful diversification when combined. PFFA charges 1.47%/yr vs 0.39%/yr for EVPF.

Performance

PFFA vs. EVPF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Virtus InfraCap U.S. Preferred Stock ETF (PFFA) and Eaton Vance Preferred Securities and Income ETF (EVPF). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

PFFA

• 1D: 0.57%
• 1M: 0.24%
• 6M: 0.67%
• YTD: 2.21%
• 1Y: 8.19%
• 3Y*: 12.44%
• 5Y*: 5.83%
• 10Y*: —

EVPF

• 1D: -0.10%
• 1M: 0.21%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

PFFA vs. EVPF - Yearly Performance Comparison

	2026 (YTD)
PFFA Virtus InfraCap U.S. Preferred Stock ETF	0.66%
EVPF Eaton Vance Preferred Securities and Income ETF	1.46%

Correlation

The correlation between PFFA and EVPF is 0.65, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Mar 5, 2026	0.65

Return for Risk

PFFA vs. EVPF — Risk / Return Rank

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

PFFA

PFFA Risk / Return Rank: 35
PFFA Sharpe Ratio Rank: 38
PFFA Sortino Ratio Rank: 37
PFFA Omega Ratio Rank: 37
PFFA Calmar Ratio Rank: 31
PFFA Martin Ratio Rank: 33

EVPF

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

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.

PFFA vs. EVPF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Virtus InfraCap U.S. Preferred Stock ETF (PFFA) and Eaton Vance Preferred Securities and Income ETF (EVPF). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	PFFA	EVPF	Difference
Sharpe ratio: Return per unit of total volatility	1.11	—	—
Sortino ratio: Return per unit of downside risk	1.60	—	—
Omega ratio: Gain probability vs. loss probability	1.20	—	—
Calmar ratio: Return relative to maximum drawdown	1.27	—	—
Martin ratio: Return relative to average drawdown	3.90	—	—

Drawdowns

PFFA vs. EVPF - Drawdown Comparison

The maximum PFFA drawdown since its inception was -70.52%, which is greater than EVPF's maximum drawdown of -2.36%. Use the drawdown chart below to compare losses from any high point for PFFA and EVPF.

Drawdown Indicators

	PFFA	EVPF	Difference
Max Drawdown Largest peak-to-trough decline	-70.52%	-2.36%	-68.16%
Max Drawdown (1Y) Largest decline over 1 year	-6.49%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-12.15%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-22.70%	—	—
Current Drawdown Current decline from peak	-2.32%	-0.54%	-1.78%
Average Drawdown Average peak-to-trough decline	-6.59%	-0.42%	-6.17%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.11%	—	—

Volatility

Volatility by Period

	PFFA	EVPF	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.80%	—	—
Volatility (6M) Calculated over the trailing 6-month period	6.31%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	7.43%	3.88%	+3.55%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.59%	3.88%	+7.71%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	31.64%	3.88%	+27.76%

PFFA vs. EVPF - Expense Ratio Comparison

PFFA has a 1.47% expense ratio, which is higher than EVPF's 0.39% expense ratio.

Dividends

PFFA vs. EVPF - Dividend Comparison

PFFA's dividend yield for the trailing twelve months is around 9.79%, more than EVPF's 1.58% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
EVPF Eaton Vance Preferred Securities and Income ETF	1.58%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
PFFA Virtus InfraCap U.S. Preferred Stock ETF	9.79%	9.47%	9.18%	9.56%	10.75%	7.64%	8.54%	10.02%	5.15%

Frequently Asked Questions

Can I hold both PFFA and EVPF in my portfolio?

PFFA and EVPF have a correlation of 0.65, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, PFFA or EVPF?

On fees, EVPF is cheaper at 0.39% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, PFFA or EVPF?

EVPF is cheaper with a 0.39% expense ratio, compared with 1.47% for PFFA.

Which ETF pays a higher dividend yield, PFFA or EVPF?

PFFA has the higher dividend yield at 9.79%, compared with 1.58% for EVPF.

What is the main difference between PFFA and EVPF?

They also come from different issuers: Virtus Investment Partners and Eaton Vance. Their fees differ too: 1.47% for PFFA and 0.39% for EVPF.