PFFL vs. IIPR
Compare and contrast key facts about ETRACS 2xMonthly Pay Leveraged Preferred Stock Index ETN (PFFL) and Innovative Industrial Properties, Inc. (IIPR).
PFFL is a passively managed fund by UBS that tracks the performance of the Solactive Preferred Stock ETF Index (+200%). It was launched on Sep 25, 2018.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PFFL or IIPR.
Correlation
The correlation between PFFL and IIPR is 0.39, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
PFFL vs. IIPR - Performance Comparison
Key characteristics
PFFL:
0.24
IIPR:
-0.65
PFFL:
0.47
IIPR:
-0.64
PFFL:
1.06
IIPR:
0.89
PFFL:
0.12
IIPR:
-0.35
PFFL:
1.01
IIPR:
-2.41
PFFL:
5.06%
IIPR:
10.14%
PFFL:
21.01%
IIPR:
37.42%
PFFL:
-80.68%
IIPR:
-75.43%
PFFL:
-39.32%
IIPR:
-69.76%
Returns By Period
In the year-to-date period, PFFL achieves a 5.42% return, which is significantly higher than IIPR's -26.60% return.
PFFL
5.42%
-6.30%
2.01%
5.24%
-8.72%
N/A
IIPR
-26.60%
-34.23%
-33.85%
-25.23%
4.19%
N/A
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Risk-Adjusted Performance
PFFL vs. IIPR - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ETRACS 2xMonthly Pay Leveraged Preferred Stock Index ETN (PFFL) and Innovative Industrial Properties, Inc. (IIPR). 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
PFFL vs. IIPR - Dividend Comparison
PFFL's dividend yield for the trailing twelve months is around 13.69%, more than IIPR's 10.56% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|
PFFL ETRACS 2xMonthly Pay Leveraged Preferred Stock Index ETN | 13.69% | 13.72% | 13.91% | 8.81% | 9.76% | 12.04% | 2.02% | 0.00% |
IIPR Innovative Industrial Properties, Inc. | 10.56% | 7.16% | 7.01% | 2.18% | 2.44% | 3.73% | 2.64% | 1.70% |
Drawdowns
PFFL vs. IIPR - Drawdown Comparison
The maximum PFFL drawdown since its inception was -80.68%, which is greater than IIPR's maximum drawdown of -75.43%. Use the drawdown chart below to compare losses from any high point for PFFL and IIPR. For additional features, visit the drawdowns tool.
Volatility
PFFL vs. IIPR - Volatility Comparison
The current volatility for ETRACS 2xMonthly Pay Leveraged Preferred Stock Index ETN (PFFL) is 4.12%, while Innovative Industrial Properties, Inc. (IIPR) has a volatility of 26.60%. This indicates that PFFL experiences smaller price fluctuations and is considered to be less risky than IIPR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.