PFFV vs. CSSD
PFFV (Global X Variable Rate Preferred ETF) and CSSD (Cohen & Steers Short Duration Preferred and Income Active ETF) are both Preferred Stock/Convertible Bonds funds. PFFV is passively managed, while CSSD is actively managed. A 0.55 correlation means they provide meaningful diversification when combined. PFFV charges 0.25%/yr vs 0.49%/yr for CSSD.
Performance
PFFV vs. CSSD - Performance Comparison
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Returns By Period
In the year-to-date period, PFFV achieves a 2.51% return, which is significantly lower than CSSD's 2.84% return.
PFFV
- 1D
- 0.23%
- 1M
- -0.22%
- YTD
- 2.51%
- 6M
- 2.57%
- 1Y
- 4.53%
- 3Y*
- 7.79%
- 5Y*
- 1.98%
- 10Y*
- —
CSSD
- 1D
- -0.08%
- 1M
- 0.80%
- YTD
- 2.84%
- 6M
- 3.03%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
PFFV vs. CSSD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
PFFV Global X Variable Rate Preferred ETF | 2.51% | 0.05% |
CSSD Cohen & Steers Short Duration Preferred and Income Active ETF | 2.84% | 0.49% |
Correlation
The correlation between PFFV and CSSD is 0.55, 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 Dec 10, 2025 | 0.55 |
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Return for Risk
PFFV vs. CSSD — Risk / Return Rank
PFFV
CSSD
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
PFFV vs. CSSD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Variable Rate Preferred ETF (PFFV) and Cohen & Steers Short Duration Preferred and Income Active ETF (CSSD). 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.
| PFFV | CSSD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.19 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 1.41 | — | — |
| Martin ratioReturn relative to average drawdown | 3.92 | — | — |
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Drawdowns
PFFV vs. CSSD - Drawdown Comparison
The maximum PFFV drawdown since its inception was -18.96%, which is greater than CSSD's maximum drawdown of -2.32%. Use the drawdown chart below to compare losses from any high point for PFFV and CSSD.
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Drawdown Indicators
| PFFV | CSSD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.96% | -2.32% | -16.64% |
Max Drawdown (1Y)Largest decline over 1 year | -3.23% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -6.07% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -18.96% | — | — |
Current DrawdownCurrent decline from peak | -0.71% | -0.08% | -0.63% |
Average DrawdownAverage peak-to-trough decline | -4.15% | -0.29% | -3.86% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.16% | — | — |
Volatility
PFFV vs. CSSD - Volatility Comparison
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Volatility by Period
| PFFV | CSSD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.21% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 2.99% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 4.23% | 3.09% | +1.14% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 8.85% | 3.09% | +5.76% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8.66% | 3.09% | +5.57% |
PFFV vs. CSSD - Expense Ratio Comparison
PFFV has a 0.25% expense ratio, which is lower than CSSD's 0.49% expense ratio.
Dividends
PFFV vs. CSSD - Dividend Comparison
PFFV's dividend yield for the trailing twelve months is around 8.15%, more than CSSD's 2.63% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
CSSD Cohen & Steers Short Duration Preferred and Income Active ETF | 2.63% | 0.53% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
PFFV Global X Variable Rate Preferred ETF | 8.15% | 8.26% | 7.33% | 7.17% | 6.60% | 5.23% | 2.29% |
Frequently Asked Questions
PFFV and CSSD have a correlation of 0.55, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, PFFV is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.
PFFV is cheaper with a 0.25% expense ratio, compared with 0.49% for CSSD.
PFFV has the higher dividend yield at 8.15%, compared with 2.63% for CSSD.
They also come from different issuers: Global X and Cohen & Steers. Their fees differ too: 0.25% for PFFV and 0.49% for CSSD.
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