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PFFL vs. PFXF
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between PFFL and PFXF is 0.51, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


Performance

PFFL vs. PFXF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ETRACS 2xMonthly Pay Leveraged Preferred Stock Index ETN (PFFL) and VanEck Vectors Preferred Securities ex Financials ETF (PFXF). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

PFFL:

-0.12

PFXF:

0.38

Sortino Ratio

PFFL:

-0.14

PFXF:

0.51

Omega Ratio

PFFL:

0.98

PFXF:

1.07

Calmar Ratio

PFFL:

-0.11

PFXF:

0.27

Martin Ratio

PFFL:

-0.52

PFXF:

0.97

Ulcer Index

PFFL:

9.72%

PFXF:

3.38%

Daily Std Dev

PFFL:

23.53%

PFXF:

10.20%

Max Drawdown

PFFL:

-80.68%

PFXF:

-35.49%

Current Drawdown

PFFL:

-43.00%

PFXF:

-4.82%

Returns By Period

In the year-to-date period, PFFL achieves a -5.45% return, which is significantly lower than PFXF's -1.38% return.


PFFL

YTD

-5.45%

1M

6.47%

6M

-15.39%

1Y

-3.31%

5Y*

-2.24%

10Y*

N/A

PFXF

YTD

-1.38%

1M

6.46%

6M

-4.75%

1Y

3.87%

5Y*

4.94%

10Y*

4.04%

*Annualized

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PFFL vs. PFXF - Expense Ratio Comparison

PFFL has a 0.85% expense ratio, which is higher than PFXF's 0.41% expense ratio.


Risk-Adjusted Performance

PFFL vs. PFXF — Risk-Adjusted Performance Rank

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

PFFL
The Risk-Adjusted Performance Rank of PFFL is 1212
Overall Rank
The Sharpe Ratio Rank of PFFL is 1414
Sharpe Ratio Rank
The Sortino Ratio Rank of PFFL is 1111
Sortino Ratio Rank
The Omega Ratio Rank of PFFL is 1212
Omega Ratio Rank
The Calmar Ratio Rank of PFFL is 1313
Calmar Ratio Rank
The Martin Ratio Rank of PFFL is 1111
Martin Ratio Rank

PFXF
The Risk-Adjusted Performance Rank of PFXF is 4141
Overall Rank
The Sharpe Ratio Rank of PFXF is 4747
Sharpe Ratio Rank
The Sortino Ratio Rank of PFXF is 3939
Sortino Ratio Rank
The Omega Ratio Rank of PFXF is 3636
Omega Ratio Rank
The Calmar Ratio Rank of PFXF is 4444
Calmar Ratio Rank
The Martin Ratio Rank of PFXF is 4141
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

PFFL vs. PFXF - 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 VanEck Vectors Preferred Securities ex Financials ETF (PFXF). 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.


The current PFFL Sharpe Ratio is -0.12, which is lower than the PFXF Sharpe Ratio of 0.38. The chart below compares the historical Sharpe Ratios of PFFL and PFXF, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

PFFL vs. PFXF - Dividend Comparison

PFFL's dividend yield for the trailing twelve months is around 12.86%, more than PFXF's 8.18% yield.


TTM20242023202220212020201920182017201620152014
PFFL
ETRACS 2xMonthly Pay Leveraged Preferred Stock Index ETN
12.86%13.76%13.72%13.90%8.82%9.75%12.03%2.02%0.00%0.00%0.00%0.00%
PFXF
VanEck Vectors Preferred Securities ex Financials ETF
8.18%7.82%7.88%6.74%4.66%5.19%5.34%6.56%5.93%5.81%5.99%5.91%

Drawdowns

PFFL vs. PFXF - Drawdown Comparison

The maximum PFFL drawdown since its inception was -80.68%, which is greater than PFXF's maximum drawdown of -35.49%. Use the drawdown chart below to compare losses from any high point for PFFL and PFXF. For additional features, visit the drawdowns tool.


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Volatility

PFFL vs. PFXF - Volatility Comparison

ETRACS 2xMonthly Pay Leveraged Preferred Stock Index ETN (PFFL) has a higher volatility of 7.14% compared to VanEck Vectors Preferred Securities ex Financials ETF (PFXF) at 4.27%. This indicates that PFFL's price experiences larger fluctuations and is considered to be riskier than PFXF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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