PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
PFFV vs. PFLD
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between PFFV and PFLD is 0.70, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


-0.50.00.51.00.7

Performance

PFFV vs. PFLD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X Variable Rate Preferred ETF (PFFV) and AAM Low Duration Preferred and Income Securities ETF 144A (PFLD). The values are adjusted to include any dividend payments, if applicable.

15.00%20.00%25.00%30.00%JulyAugustSeptemberOctoberNovemberDecember
26.73%
14.52%
PFFV
PFLD

Key characteristics

Sharpe Ratio

PFFV:

1.37

PFLD:

1.04

Sortino Ratio

PFFV:

1.98

PFLD:

1.50

Omega Ratio

PFFV:

1.25

PFLD:

1.19

Calmar Ratio

PFFV:

1.65

PFLD:

0.92

Martin Ratio

PFFV:

8.76

PFLD:

6.65

Ulcer Index

PFFV:

1.04%

PFLD:

0.80%

Daily Std Dev

PFFV:

6.62%

PFLD:

5.10%

Max Drawdown

PFFV:

-18.95%

PFLD:

-33.20%

Current Drawdown

PFFV:

-2.03%

PFLD:

-1.93%

Returns By Period

In the year-to-date period, PFFV achieves a 9.78% return, which is significantly higher than PFLD's 5.54% return.


PFFV

YTD

9.78%

1M

0.27%

6M

3.93%

1Y

8.68%

5Y*

N/A

10Y*

N/A

PFLD

YTD

5.54%

1M

-0.58%

6M

1.41%

1Y

5.55%

5Y*

1.91%

10Y*

N/A

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


PFFV vs. PFLD - Expense Ratio Comparison

PFFV has a 0.25% expense ratio, which is lower than PFLD's 0.45% expense ratio.


PFLD
AAM Low Duration Preferred and Income Securities ETF 144A
Expense ratio chart for PFLD: current value at 0.45% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.45%
Expense ratio chart for PFFV: current value at 0.25% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.25%

Risk-Adjusted Performance

PFFV vs. PFLD - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Variable Rate Preferred ETF (PFFV) and AAM Low Duration Preferred and Income Securities ETF 144A (PFLD). 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.


Sharpe ratio
The chart of Sharpe ratio for PFFV, currently valued at 1.37, compared to the broader market0.002.004.001.371.04
The chart of Sortino ratio for PFFV, currently valued at 1.98, compared to the broader market-2.000.002.004.006.008.0010.001.981.50
The chart of Omega ratio for PFFV, currently valued at 1.25, compared to the broader market0.501.001.502.002.503.001.251.19
The chart of Calmar ratio for PFFV, currently valued at 1.65, compared to the broader market0.005.0010.0015.001.650.92
The chart of Martin ratio for PFFV, currently valued at 8.76, compared to the broader market0.0020.0040.0060.0080.00100.008.766.65
PFFV
PFLD

The current PFFV Sharpe Ratio is 1.37, which is higher than the PFLD Sharpe Ratio of 1.04. The chart below compares the historical Sharpe Ratios of PFFV and PFLD, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio1.001.502.002.503.00JulyAugustSeptemberOctoberNovemberDecember
1.37
1.04
PFFV
PFLD

Dividends

PFFV vs. PFLD - Dividend Comparison

PFFV's dividend yield for the trailing twelve months is around 7.45%, less than PFLD's 7.59% yield.


TTM20232022202120202019
PFFV
Global X Variable Rate Preferred ETF
7.45%7.17%6.60%5.25%2.69%0.00%
PFLD
AAM Low Duration Preferred and Income Securities ETF 144A
7.59%7.09%5.76%4.53%4.79%0.82%

Drawdowns

PFFV vs. PFLD - Drawdown Comparison

The maximum PFFV drawdown since its inception was -18.95%, smaller than the maximum PFLD drawdown of -33.20%. Use the drawdown chart below to compare losses from any high point for PFFV and PFLD. For additional features, visit the drawdowns tool.


-3.50%-3.00%-2.50%-2.00%-1.50%-1.00%-0.50%0.00%JulyAugustSeptemberOctoberNovemberDecember
-2.03%
-1.93%
PFFV
PFLD

Volatility

PFFV vs. PFLD - Volatility Comparison

Global X Variable Rate Preferred ETF (PFFV) has a higher volatility of 2.42% compared to AAM Low Duration Preferred and Income Securities ETF 144A (PFLD) at 1.21%. This indicates that PFFV's price experiences larger fluctuations and is considered to be riskier than PFLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


1.00%1.50%2.00%2.50%3.00%JulyAugustSeptemberOctoberNovemberDecember
2.42%
1.21%
PFFV
PFLD
PortfoliosLab logo
Performance Analysis
Portfolio AnalysisPortfolio PerformanceStock ComparisonSharpe RatioMartin RatioTreynor RatioSortino RatioOmega RatioCalmar RatioSummers Ratio
Community
Discussions


Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

Copyright © 2024 PortfoliosLab