PFXF vs. PREF
Compare and contrast key facts about VanEck Vectors Preferred Securities ex Financials ETF (PFXF) and Principal Spectrum Preferred Secs Active ETF (PREF).
PFXF and PREF 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. PREF is an actively managed fund by Principal. It was launched on Jul 10, 2017.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PFXF or PREF.
Correlation
The correlation between PFXF and PREF is 0.36, 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.
Performance
PFXF vs. PREF - Performance Comparison
Loading data...
Key characteristics
PFXF:
0.48
PREF:
2.17
PFXF:
0.73
PREF:
3.16
PFXF:
1.09
PREF:
1.45
PFXF:
0.41
PREF:
3.06
PFXF:
1.43
PREF:
14.38
PFXF:
3.42%
PREF:
0.54%
PFXF:
10.34%
PREF:
3.50%
PFXF:
-35.49%
PREF:
-22.99%
PFXF:
-2.94%
PREF:
-0.05%
Returns By Period
In the year-to-date period, PFXF achieves a 0.57% return, which is significantly lower than PREF's 2.14% return.
PFXF
0.57%
7.21%
-1.03%
4.89%
4.34%
5.33%
4.16%
PREF
2.14%
2.06%
2.47%
7.54%
6.74%
4.08%
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.
PFXF vs. PREF - Expense Ratio Comparison
PFXF has a 0.41% expense ratio, which is lower than PREF's 0.55% expense ratio.
Risk-Adjusted Performance
PFXF vs. PREF — Risk-Adjusted Performance Rank
PFXF
PREF
PFXF vs. PREF - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Vectors Preferred Securities ex Financials ETF (PFXF) and Principal Spectrum Preferred Secs Active ETF (PREF). 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.
Loading data...
Dividends
PFXF vs. PREF - Dividend Comparison
PFXF's dividend yield for the trailing twelve months is around 8.02%, more than PREF's 4.68% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PFXF VanEck Vectors Preferred Securities ex Financials ETF | 8.02% | 7.82% | 7.88% | 6.74% | 4.66% | 5.19% | 5.34% | 6.56% | 5.93% | 5.81% | 5.99% | 5.91% |
PREF Principal Spectrum Preferred Secs Active ETF | 4.68% | 4.65% | 4.67% | 4.63% | 4.07% | 4.35% | 4.67% | 5.49% | 2.35% | 0.00% | 0.00% | 0.00% |
Drawdowns
PFXF vs. PREF - Drawdown Comparison
The maximum PFXF drawdown since its inception was -35.49%, which is greater than PREF's maximum drawdown of -22.99%. Use the drawdown chart below to compare losses from any high point for PFXF and PREF. For additional features, visit the drawdowns tool.
Loading data...
Volatility
PFXF vs. PREF - Volatility Comparison
VanEck Vectors Preferred Securities ex Financials ETF (PFXF) has a higher volatility of 3.32% compared to Principal Spectrum Preferred Secs Active ETF (PREF) at 1.12%. This indicates that PFXF's price experiences larger fluctuations and is considered to be riskier than PREF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading data...