PFLD vs. CSSD
PFLD (AAM Low Duration Preferred and Income Securities ETF 144A) and CSSD (Cohen & Steers Short Duration Preferred and Income Active ETF) are both Preferred Stock/Convertible Bonds funds. PFLD is passively managed, while CSSD is actively managed. At a 0.38 correlation, their price movements are largely independent. PFLD charges 0.45%/yr vs 0.49%/yr for CSSD.
Performance
PFLD vs. CSSD - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, PFLD achieves a 2.86% return, which is significantly lower than CSSD's 3.02% return.
PFLD
- 1D
- 0.02%
- 1M
- 0.43%
- 6M
- 2.31%
- YTD
- 2.86%
- 1Y
- 5.84%
- 3Y*
- 4.60%
- 5Y*
- 0.89%
- 10Y*
- —
CSSD
- 1D
- 0.10%
- 1M
- 0.41%
- 6M
- 2.45%
- YTD
- 3.02%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
PFLD vs. CSSD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
PFLD AAM Low Duration Preferred and Income Securities ETF 144A | 2.86% | 0.41% |
CSSD Cohen & Steers Short Duration Preferred and Income Active ETF | 3.02% | 0.49% |
Correlation
The correlation between PFLD and CSSD is 0.38, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Dec 10, 2025 | 0.38 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
PFLD vs. CSSD — Risk / Return Rank
PFLD
CSSD
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
PFLD vs. CSSD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for AAM Low Duration Preferred and Income Securities ETF 144A (PFLD) 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.
| PFLD | CSSD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.35 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 2.62 | — | — |
| Martin ratioReturn relative to average drawdown | 12.31 | — | — |
Loading charts...
Drawdowns
PFLD vs. CSSD - Drawdown Comparison
The maximum PFLD drawdown since its inception was -33.20%, which is greater than CSSD's maximum drawdown of -2.32%. Use the drawdown chart below to compare losses from any high point for PFLD and CSSD.
Loading charts...
Drawdown Indicators
| PFLD | CSSD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.20% | -2.32% | -30.88% |
Max Drawdown (1Y)Largest decline over 1 year | -2.23% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -6.41% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -15.51% | — | — |
Current DrawdownCurrent decline from peak | -0.09% | -0.26% | +0.17% |
Average DrawdownAverage peak-to-trough decline | -4.11% | -0.28% | -3.83% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.48% | — | — |
Volatility
PFLD vs. CSSD - Volatility Comparison
Loading charts...
Volatility by Period
| PFLD | CSSD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.68% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 2.28% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 3.21% | 3.02% | +0.19% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.50% | 3.02% | +4.48% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.27% | 3.02% | +10.25% |
PFLD vs. CSSD - Expense Ratio Comparison
PFLD has a 0.45% expense ratio, which is lower than CSSD's 0.49% expense ratio.
Dividends
PFLD vs. CSSD - Dividend Comparison
PFLD's dividend yield for the trailing twelve months is around 5.46%, more than CSSD's 3.15% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
CSSD Cohen & Steers Short Duration Preferred and Income Active ETF | 3.15% | 0.53% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
PFLD AAM Low Duration Preferred and Income Securities ETF 144A | 5.46% | 6.52% | 7.09% | 7.09% | 5.76% | 4.52% | 4.79% | 0.82% |
Frequently Asked Questions
PFLD and CSSD have a correlation of 0.38, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, PFLD is cheaper at 0.45% per year. The better choice depends on whether you care most about return, fees, risk, or income.
PFLD is cheaper with a 0.45% expense ratio, compared with 0.49% for CSSD.
PFLD has the higher dividend yield at 5.46%, compared with 3.15% for CSSD.
They also come from different issuers: Advisors Asset Management and Cohen & Steers. Their fees differ too: 0.45% for PFLD and 0.49% for CSSD.
Find the right allocation for PFLD and CSSD
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer