PFFV vs. EVPF

Last updated Jun 5, 2026

PFFV (Global X Variable Rate Preferred ETF) and EVPF (Eaton Vance Preferred Securities and Income ETF) are both Preferred Stock/Convertible Bonds funds. PFFV is passively managed, while EVPF is actively managed. A 0.69 correlation means they provide meaningful diversification when combined. PFFV charges 0.25%/yr vs 0.39%/yr for EVPF.

Performance

PFFV vs. EVPF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X Variable Rate Preferred ETF (PFFV) and Eaton Vance Preferred Securities and Income ETF (EVPF). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

PFFV

• 1D: -0.09%
• 1M: 0.32%
• YTD: 2.83%
• 6M: 2.94%
• 1Y: 4.77%
• 3Y*: 7.57%
• 5Y*: 2.23%
• 10Y*: —

EVPF

• 1D: -0.01%
• 1M: 0.45%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

PFFV vs. EVPF - Yearly Performance Comparison

	2026 (YTD)
PFFV Global X Variable Rate Preferred ETF	1.02%
EVPF Eaton Vance Preferred Securities and Income ETF	1.15%

Correlation

The correlation between PFFV and EVPF is 0.69, 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 Mar 6, 2026	0.69

Return for Risk

PFFV vs. EVPF — Risk / Return Rank

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

PFFV

PFFV Risk / Return Rank: 32
PFFV Sharpe Ratio Rank: 33
PFFV Sortino Ratio Rank: 33
PFFV Omega Ratio Rank: 32
PFFV Calmar Ratio Rank: 31
PFFV Martin Ratio Rank: 30

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

PFFV vs. EVPF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Variable Rate Preferred ETF (PFFV) and Eaton Vance Preferred Securities and Income ETF (EVPF). 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.

	PFFV	EVPF	Difference
Sharpe ratio: Return per unit of total volatility	1.17	—	—
Sortino ratio: Return per unit of downside risk	1.73	—	—
Omega ratio: Gain probability vs. loss probability	1.21	—	—
Calmar ratio: Return relative to maximum drawdown	1.48	—	—
Martin ratio: Return relative to average drawdown	4.15	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	PFFV	EVPF	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.17	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.25	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.55	1.10	-0.55

Drawdowns

PFFV vs. EVPF - Drawdown Comparison

The maximum PFFV drawdown since its inception was -18.96%, which is greater than EVPF's maximum drawdown of -2.36%. Use the drawdown chart below to compare losses from any high point for PFFV and EVPF.

Drawdown Indicators

	PFFV	EVPF	Difference
Max Drawdown Largest peak-to-trough decline	-18.96%	-2.36%	-16.60%
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 Drawdown Current decline from peak	-0.40%	-0.19%	-0.21%
Average Drawdown Average peak-to-trough decline	-4.18%	-0.51%	-3.67%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.15%	—	—

Volatility

Volatility by Period

	PFFV	EVPF	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.80%	—	—
Volatility (6M) Calculated over the trailing 6-month period	2.84%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	4.11%	4.28%	-0.17%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	8.84%	4.28%	+4.56%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	8.68%	4.28%	+4.40%

PFFV vs. EVPF - Expense Ratio Comparison

PFFV has a 0.25% expense ratio, which is lower than EVPF's 0.39% expense ratio.

Dividends

PFFV vs. EVPF - Dividend Comparison

PFFV's dividend yield for the trailing twelve months is around 8.12%, more than EVPF's 1.08% yield.

Position	TTM	2025	2024	2023	2022	2021	2020
EVPF Eaton Vance Preferred Securities and Income ETF	1.08%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
PFFV Global X Variable Rate Preferred ETF	8.12%	8.26%	7.33%	7.17%	6.60%	5.23%	2.29%

Frequently Asked Questions

Can I hold both PFFV and EVPF in my portfolio?

PFFV and EVPF have a correlation of 0.69, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, PFFV or EVPF?

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.

Which ETF is cheaper, PFFV or EVPF?

PFFV is cheaper with a 0.25% expense ratio, compared with 0.39% for EVPF.

Which ETF pays a higher dividend yield, PFFV or EVPF?

PFFV has the higher dividend yield at 8.12%, compared with 1.08% for EVPF.

What is the main difference between PFFV and EVPF?

They also come from different issuers: Global X and Eaton Vance. Their fees differ too: 0.25% for PFFV and 0.39% for EVPF.