PFXF vs. PFFV
Compare and contrast key facts about VanEck Vectors Preferred Securities ex Financials ETF (PFXF) and Global X Variable Rate Preferred ETF (PFFV).
PFXF and PFFV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. PFXF is a passively managed fund by VanEck that tracks the performance of the Wells Fargo Hybrid and Preferred Securities ex Financials Index. It was launched on Jul 16, 2012. 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. Both PFXF and PFFV are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PFXF or PFFV.
Correlation
The correlation between PFXF and PFFV is 0.74, 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.
Performance
PFXF vs. PFFV - Performance Comparison
Key characteristics
PFXF:
1.13
PFFV:
1.37
PFXF:
1.58
PFFV:
1.98
PFXF:
1.20
PFFV:
1.25
PFXF:
0.91
PFFV:
1.65
PFXF:
5.21
PFFV:
8.76
PFXF:
1.78%
PFFV:
1.04%
PFXF:
8.20%
PFFV:
6.62%
PFXF:
-35.49%
PFFV:
-18.95%
PFXF:
-3.01%
PFFV:
-2.03%
Returns By Period
In the year-to-date period, PFXF achieves a 8.96% return, which is significantly lower than PFFV's 9.78% return.
PFXF
8.96%
-0.66%
5.99%
8.94%
3.48%
4.50%
PFFV
9.78%
0.27%
3.93%
8.68%
N/A
N/A
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PFXF vs. PFFV - Expense Ratio Comparison
PFXF has a 0.41% expense ratio, which is higher than PFFV's 0.25% expense ratio.
Risk-Adjusted Performance
PFXF vs. PFFV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Vectors Preferred Securities ex Financials ETF (PFXF) and Global X Variable Rate Preferred ETF (PFFV). 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.
Dividends
PFXF vs. PFFV - Dividend Comparison
PFXF's dividend yield for the trailing twelve months is around 6.56%, less than PFFV's 7.45% yield.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
VanEck Vectors Preferred Securities ex Financials ETF | 6.56% | 7.89% | 6.74% | 4.67% | 5.19% | 5.35% | 6.57% | 5.93% | 5.81% | 5.98% | 5.92% | 6.50% |
Global X Variable Rate Preferred ETF | 7.45% | 7.17% | 6.60% | 5.25% | 2.69% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
PFXF vs. PFFV - Drawdown Comparison
The maximum PFXF drawdown since its inception was -35.49%, which is greater than PFFV's maximum drawdown of -18.95%. Use the drawdown chart below to compare losses from any high point for PFXF and PFFV. For additional features, visit the drawdowns tool.
Volatility
PFXF vs. PFFV - Volatility Comparison
The current volatility for VanEck Vectors Preferred Securities ex Financials ETF (PFXF) is 1.98%, while Global X Variable Rate Preferred ETF (PFFV) has a volatility of 2.42%. This indicates that PFXF experiences smaller price fluctuations and is considered to be less risky than PFFV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.