PFFA vs. PFF
Compare and contrast key facts about Virtus InfraCap U.S. Preferred Stock ETF (PFFA) and iShares Preferred and Income Securities ETF (PFF).
PFFA and PFF are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. PFFA is an actively managed fund by Virtus Investment Partners. It was launched on May 15, 2018. PFF is a passively managed fund by iShares that tracks the performance of the S&P U.S. Preferred Stock Index. It was launched on Mar 30, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PFFA or PFF.
Key characteristics
| PFFA | PFF | |
|---|---|---|
| YTD Return | 1.65% | 1.39% |
| 1Y Return | 19.76% | 6.56% |
| 3Y Return (Ann) | 3.39% | -1.85% |
| 5Y Return (Ann) | 5.36% | 2.20% |
| Sharpe Ratio | 1.79 | 0.75 |
| Daily Std Dev | 11.82% | 9.88% |
| Max Drawdown | -70.52% | -65.55% |
| Current Drawdown | -2.84% | -9.80% |
Correlation
The correlation between PFFA and PFF is 0.75, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
PFFA vs. PFF - Performance Comparison
In the year-to-date period, PFFA achieves a 1.65% return, which is significantly higher than PFF's 1.39% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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PFFA vs. PFF - Expense Ratio Comparison
PFFA has a 1.47% expense ratio, which is higher than PFF's 0.46% expense ratio.
Risk-Adjusted Performance
PFFA vs. PFF - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Virtus InfraCap U.S. Preferred Stock ETF (PFFA) and iShares Preferred and Income Securities ETF (PFF). 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.
Dividends
PFFA vs. PFF - Dividend Comparison
PFFA's dividend yield for the trailing twelve months is around 9.76%, more than PFF's 6.46% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PFFA Virtus InfraCap U.S. Preferred Stock ETF | 9.76% | 9.56% | 10.75% | 7.64% | 8.54% | 10.02% | 5.15% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
PFF iShares Preferred and Income Securities ETF | 6.46% | 6.63% | 5.55% | 4.45% | 4.79% | 5.31% | 6.32% | 5.59% | 5.85% | 5.76% | 6.32% | 6.60% |
Drawdowns
PFFA vs. PFF - Drawdown Comparison
The maximum PFFA drawdown since its inception was -70.52%, which is greater than PFF's maximum drawdown of -65.55%. Use the drawdown chart below to compare losses from any high point for PFFA and PFF. For additional features, visit the drawdowns tool.
Volatility
PFFA vs. PFF - Volatility Comparison
Virtus InfraCap U.S. Preferred Stock ETF (PFFA) has a higher volatility of 3.50% compared to iShares Preferred and Income Securities ETF (PFF) at 3.07%. This indicates that PFFA's price experiences larger fluctuations and is considered to be riskier than PFF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.