PFFV vs. LFT

Last updated Apr 1, 2026

Compare and contrast key facts about Global X Variable Rate Preferred ETF (PFFV) and Lument Finance Trust, Inc. (LFT).

PFFV is a passively managed fund by Global X that tracks the performance of the ICE U.S. Variable Rate Preferred Securities Index. It was launched on Jun 22, 2020.

Performance

PFFV vs. LFT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X Variable Rate Preferred ETF (PFFV) and Lument Finance Trust, Inc. (LFT). The values are adjusted to include any dividend payments, if applicable.

PFFV vs. LFT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
PFFV Global X Variable Rate Preferred ETF	-0.58%	2.08%	9.45%	10.64%	-13.81%	6.35%	13.36%
LFT Lument Finance Trust, Inc.	-7.76%	-39.33%	29.40%	38.64%	-45.07%	28.63%	33.39%

Returns By Period

In the year-to-date period, PFFV achieves a -0.58% return, which is significantly higher than LFT's -7.76% return.

PFFV

• 1D: -0.05%
• 1M: -2.10%
• YTD: -0.58%
• 6M: -1.34%
• 1Y: -0.06%
• 3Y*: 6.19%
• 5Y*: 2.00%
• 10Y*: —

LFT

• 1D: 1.61%
• 1M: -5.75%
• YTD: -7.76%
• 6M: -33.77%
• 1Y: -46.33%
• 3Y*: -2.85%
• 5Y*: -8.46%
• 10Y*: -1.05%

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

Return for Risk

PFFV vs. LFT — Risk / Return Rank

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

PFFV

PFFV Risk / Return Rank: 12
PFFV Sharpe Ratio Rank: 12
PFFV Sortino Ratio Rank: 10
PFFV Omega Ratio Rank: 10
PFFV Calmar Ratio Rank: 13
PFFV Martin Ratio Rank: 13

LFT

LFT Risk / Return Rank: 7
LFT Sharpe Ratio Rank: 5
LFT Sortino Ratio Rank: 6
LFT Omega Ratio Rank: 7
LFT Calmar Ratio Rank: 8
LFT Martin Ratio Rank: 10

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. LFT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Variable Rate Preferred ETF (PFFV) and Lument Finance Trust, Inc. (LFT). 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	LFT	Difference
Sharpe ratio Return per unit of total volatility	-0.01	-0.98	+0.97
Sortino ratio Return per unit of downside risk	0.02	-1.46	+1.48
Omega ratio Gain probability vs. loss probability	1.00	0.83	+0.18
Calmar ratio Return relative to maximum drawdown	0.04	-0.89	+0.93
Martin ratio Return relative to average drawdown	0.13	-1.48	+1.60
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PFFV vs. LFT - Sharpe Ratio Comparison

The current PFFV Sharpe Ratio is -0.01, which is higher than the LFT Sharpe Ratio of -0.98. The chart below compares the historical Sharpe Ratios of PFFV and LFT, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	PFFV	LFT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.01	-0.98	+0.97
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.23	-0.24	+0.47
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	-0.03	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.49	-0.12	+0.62

Correlation

The correlation between PFFV and LFT is 0.15, 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.

Dividends

PFFV vs. LFT - Dividend Comparison

PFFV's dividend yield for the trailing twelve months is around 8.35%, less than LFT's 14.29% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PFFV Global X Variable Rate Preferred ETF	8.35%	8.26%	7.33%	7.17%	6.60%	5.23%	2.29%	0.00%	0.00%	0.00%	0.00%	0.00%
LFT Lument Finance Trust, Inc.	14.29%	15.60%	15.50%	11.16%	12.63%	9.38%	11.16%	9.13%	9.79%	13.75%	41.20%	24.73%

Drawdowns

PFFV vs. LFT - Drawdown Comparison

The maximum PFFV drawdown since its inception was -18.96%, smaller than the maximum LFT drawdown of -81.57%. Use the drawdown chart below to compare losses from any high point for PFFV and LFT.

Drawdown Indicators

	PFFV	LFT	Difference
Max Drawdown Largest peak-to-trough decline	-18.96%	-81.57%	+62.61%
Max Drawdown (1Y) Largest decline over 1 year	-4.35%	-51.73%	+47.38%
Max Drawdown (5Y) Largest decline over 5 years	-18.96%	-55.40%	+36.44%
Max Drawdown (10Y) Largest decline over 10 years	—	-77.00%	—
Current Drawdown Current decline from peak	-3.23%	-51.14%	+47.91%
Average Drawdown Average peak-to-trough decline	-4.29%	-32.64%	+28.35%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.50%	31.23%	-29.73%

Volatility

PFFV vs. LFT - Volatility Comparison

The current volatility for Global X Variable Rate Preferred ETF (PFFV) is 1.48%, while Lument Finance Trust, Inc. (LFT) has a volatility of 19.49%. This indicates that PFFV experiences smaller price fluctuations and is considered to be less risky than LFT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PFFV	LFT	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.48%	19.49%	-18.01%
Volatility (6M) Calculated over the trailing 6-month period	2.94%	38.09%	-35.15%
Volatility (1Y) Calculated over the trailing 1-year period	5.62%	47.28%	-41.66%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	8.85%	34.70%	-25.85%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	8.79%	41.41%	-32.62%