PFFL vs. ENFR
PFFL (ETRACS Monthly Pay 2xLeveraged Preferred Stock ETN) and ENFR (Alerian Energy Infrastructure ETF) are both exchange-traded funds - PFFL is a Preferred Stock/Convertible Bonds fund tracking the Solactive Preferred Stock ETF Index, while ENFR is a Energy Equities fund tracking the Alerian Midstream Energy Select Index. Both are passively managed. Over the past 5 years, PFFL returned -7.00%/yr vs 21.61%/yr for ENFR. At a 0.32 correlation, their price movements are largely independent. PFFL charges 0.85%/yr vs 0.35%/yr for ENFR.
Performance
PFFL vs. ENFR - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, PFFL achieves a -3.57% return, which is significantly lower than ENFR's 28.57% return.
PFFL
- 1D
- -0.48%
- 1M
- -2.65%
- 6M
- -6.30%
- YTD
- -3.57%
- 1Y
- -2.06%
- 3Y*
- 2.84%
- 5Y*
- -7.00%
- 10Y*
- —
ENFR
- 1D
- 1.98%
- 1M
- 2.06%
- 6M
- 29.84%
- YTD
- 28.57%
- 1Y
- 31.23%
- 3Y*
- 28.06%
- 5Y*
- 21.61%
- 10Y*
- 11.74%
PFFL vs. ENFR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
PFFL ETRACS Monthly Pay 2xLeveraged Preferred Stock ETN | -3.57% | 2.18% | 4.77% | 8.65% | -39.15% | 7.52% | -15.47% | 30.21% | -10.77% |
ENFR Alerian Energy Infrastructure ETF | 28.57% | 5.88% | 42.17% | 15.63% | 17.48% | 39.97% | -24.14% | 21.60% | -17.40% |
Correlation
The correlation between PFFL and ENFR is -0.08, 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 | -0.08 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.18 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.29 |
Correlation (All Time) Calculated using the full available price history since Sep 26, 2018 | 0.32 |
The correlation between PFFL and ENFR shifts across timeframes, from -0.08 (1 year) to 0.32 (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
PFFL vs. ENFR — Risk / Return Rank
PFFL
ENFR
PFFL vs. ENFR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ETRACS Monthly Pay 2xLeveraged Preferred Stock ETN (PFFL) and Alerian Energy Infrastructure ETF (ENFR). 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.
| PFFL | ENFR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.19 | ||
| Sortino ratioReturn per unit of downside risk | -2.92 | ||
| Omega ratioGain probability vs. loss probability | 0.99 | 1.35 | -0.36 |
| Calmar ratioReturn relative to maximum drawdown | -0.17 | 3.63 | -3.80 |
| Martin ratioReturn relative to average drawdown | -0.37 | 8.93 | -9.30 |
Loading charts...
Drawdowns
PFFL vs. ENFR - Drawdown Comparison
The maximum PFFL drawdown since its inception was -80.68%, which is greater than ENFR's maximum drawdown of -68.28%. Use the drawdown chart below to compare losses from any high point for PFFL and ENFR.
Loading charts...
Drawdown Indicators
| PFFL | ENFR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -80.68% | -68.28% | -12.40% |
Max Drawdown (1Y)Largest decline over 1 year | -11.92% | -8.64% | -3.28% |
Max Drawdown (3Y)Largest decline over 3 years | -23.75% | -15.58% | -8.17% |
Max Drawdown (5Y)Largest decline over 5 years | -48.51% | -20.29% | -28.22% |
Max Drawdown (10Y)Largest decline over 10 years | — | -62.64% | — |
Current DrawdownCurrent decline from peak | -40.60% | -1.93% | -38.67% |
Average DrawdownAverage peak-to-trough decline | -28.67% | -15.89% | -12.78% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.55% | 3.51% | +2.04% |
Volatility
PFFL vs. ENFR - Volatility Comparison
The current volatility for ETRACS Monthly Pay 2xLeveraged Preferred Stock ETN (PFFL) is 4.25%, while Alerian Energy Infrastructure ETF (ENFR) has a volatility of 5.68%. This indicates that PFFL experiences smaller price fluctuations and is considered to be less risky than ENFR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| PFFL | ENFR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.25% | 5.68% | -1.43% |
Volatility (6M)Calculated over the trailing 6-month period | 10.91% | 12.06% | -1.15% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.91% | 15.20% | +1.71% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.69% | 19.28% | +4.41% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 54.99% | 24.65% | +30.34% |
PFFL vs. ENFR - Expense Ratio Comparison
PFFL has a 0.85% expense ratio, which is higher than ENFR's 0.35% expense ratio.
Dividends
PFFL vs. ENFR - Dividend Comparison
PFFL's dividend yield for the trailing twelve months is around 13.37%, more than ENFR's 3.90% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ENFR Alerian Energy Infrastructure ETF | 3.90% | 4.77% | 4.41% | 5.48% | 5.23% | 7.86% | 7.57% | 5.81% | 3.98% | 2.98% | 3.31% | 3.34% |
PFFL ETRACS Monthly Pay 2xLeveraged Preferred Stock ETN | 13.37% | 13.27% | 13.76% | 13.71% | 13.90% | 8.82% | 9.75% | 11.21% | 2.02% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
PFFL and ENFR have a correlation of -0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ENFR has higher volatility (5.68%) compared to PFFL (4.25%). In terms of maximum drawdown, PFFL dropped -80.68% vs ENFR's -68.28%.
On 5-year performance, ENFR leads with 21.61% vs -7.00% for PFFL. On fees, ENFR is cheaper at 0.35% per year. On volatility, PFFL has been the lower-risk option at 4.25%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, ENFR has performed better with a 21.61% return vs -7.00%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
ENFR is cheaper with a 0.35% expense ratio, compared with 0.85% for PFFL.
PFFL has the higher dividend yield at 13.37%, compared with 3.90% for ENFR.
PFFL is categorized as Preferred Stock/Convertible Bonds, while ENFR is Energy Equities. PFFL tracks Solactive Preferred Stock ETF Index, while ENFR tracks Alerian Midstream Energy Select Index. They also come from different issuers: UBS and SS&C. Their fees differ too: 0.85% for PFFL and 0.35% for ENFR.
ENFR currently has the higher Sharpe Ratio (2.07 vs -0.12), 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 PFFL and ENFR
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