PFXF vs. QTPI
PFXF (VanEck Vectors Preferred Securities ex Financials ETF) and QTPI (North Square RCIM Tax-Advantaged Preferred and Income Securities ETF) are both Preferred Stock/Convertible Bonds funds. PFXF is passively managed, while QTPI is actively managed. Over the past year, PFXF returned 18.28% vs 5.09% for QTPI. A 0.59 correlation means they provide meaningful diversification when combined. PFXF charges 0.41%/yr vs 0.60%/yr for QTPI.
Performance
PFXF vs. QTPI - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, PFXF achieves a 8.54% return, which is significantly higher than QTPI's 0.84% return.
PFXF
- 1D
- -0.95%
- 1M
- 2.21%
- YTD
- 8.54%
- 6M
- 9.54%
- 1Y
- 18.28%
- 3Y*
- 10.30%
- 5Y*
- 4.48%
- 10Y*
- 5.44%
QTPI
- 1D
- -0.59%
- 1M
- 0.10%
- YTD
- 0.84%
- 6M
- 1.41%
- 1Y
- 5.09%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
PFXF vs. QTPI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
PFXF VanEck Vectors Preferred Securities ex Financials ETF | 8.54% | 9.64% | 0.24% |
QTPI North Square RCIM Tax-Advantaged Preferred and Income Securities ETF | 0.84% | 7.37% | 0.34% |
Correlation
The correlation between PFXF and QTPI is 0.58, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.58 |
Correlation (All Time) Calculated using the full available price history since Dec 20, 2024 | 0.59 |
The correlation between PFXF and QTPI has been stable across timeframes, ranging from 0.58 to 0.59 - a consistent structural relationship.
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
PFXF vs. QTPI — Risk / Return Rank
PFXF
QTPI
PFXF vs. QTPI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Vectors Preferred Securities ex Financials ETF (PFXF) and North Square RCIM Tax-Advantaged Preferred and Income Securities ETF (QTPI). 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.
| PFXF | QTPI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.82 | ||
| Sortino ratioReturn per unit of downside risk | +1.18 | ||
| Omega ratioGain probability vs. loss probability | 1.37 | 1.22 | +0.15 |
| Calmar ratioReturn relative to maximum drawdown | 3.15 | 2.42 | +0.72 |
| Martin ratioReturn relative to average drawdown | 11.08 | 9.97 | +1.12 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| PFXF | QTPI | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.06 | 1.23 | +0.82 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.41 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.41 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.49 | 1.19 | -0.71 |
Drawdowns
PFXF vs. QTPI - Drawdown Comparison
The maximum PFXF drawdown since its inception was -35.49%, which is greater than QTPI's maximum drawdown of -4.08%. Use the drawdown chart below to compare losses from any high point for PFXF and QTPI.
Loading charts...
Drawdown Indicators
| PFXF | QTPI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.49% | -4.08% | -31.41% |
Max Drawdown (1Y)Largest decline over 1 year | -5.83% | -2.11% | -3.72% |
Max Drawdown (3Y)Largest decline over 3 years | -11.90% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -21.80% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -35.49% | — | — |
Current DrawdownCurrent decline from peak | -0.95% | -0.68% | -0.27% |
Average DrawdownAverage peak-to-trough decline | -3.91% | -0.40% | -3.51% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.65% | 0.52% | +1.13% |
Volatility
PFXF vs. QTPI - Volatility Comparison
VanEck Vectors Preferred Securities ex Financials ETF (PFXF) has a higher volatility of 3.14% compared to North Square RCIM Tax-Advantaged Preferred and Income Securities ETF (QTPI) at 1.42%. This indicates that PFXF's price experiences larger fluctuations and is considered to be riskier than QTPI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| PFXF | QTPI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.14% | 1.42% | +1.72% |
Volatility (6M)Calculated over the trailing 6-month period | 6.89% | 3.19% | +3.70% |
Volatility (1Y)Calculated over the trailing 1-year period | 8.94% | 4.55% | +4.39% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 10.91% | 4.98% | +5.93% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.21% | 4.98% | +8.23% |
PFXF vs. QTPI - Expense Ratio Comparison
PFXF has a 0.41% expense ratio, which is lower than QTPI's 0.60% expense ratio.
Dividends
PFXF vs. QTPI - Dividend Comparison
PFXF's dividend yield for the trailing twelve months is around 6.08%, more than QTPI's 4.44% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PFXF VanEck Vectors Preferred Securities ex Financials ETF | 6.08% | 6.72% | 7.82% | 7.88% | 6.74% | 4.66% | 5.19% | 5.35% | 6.56% | 5.93% | 5.81% | 5.99% |
QTPI North Square RCIM Tax-Advantaged Preferred and Income Securities ETF | 4.44% | 4.58% | 0.10% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
PFXF and QTPI have a correlation of 0.58, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PFXF has higher volatility (3.14%) compared to QTPI (1.42%). In terms of maximum drawdown, PFXF dropped -35.49% vs QTPI's -4.08%.
On 1-year performance, PFXF leads with 18.28% vs 5.09% for QTPI. On fees, PFXF is cheaper at 0.41% per year. On volatility, QTPI has been the lower-risk option at 1.42%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, PFXF has performed better with a 18.28% return vs 5.09%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
PFXF is cheaper with a 0.41% expense ratio, compared with 0.60% for QTPI.
PFXF has the higher dividend yield at 6.08%, compared with 4.44% for QTPI.
They also come from different issuers: VanEck and North Square. Their fees differ too: 0.41% for PFXF and 0.60% for QTPI.
PFXF currently has the higher Sharpe Ratio (2.06 vs 1.23), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for PFXF and QTPI
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