PRF vs. PFF
Compare and contrast key facts about Invesco FTSE RAFI US 1000 ETF (PRF) and iShares Preferred and Income Securities ETF (PFF).
PRF and PFF are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. PRF is a passively managed fund by Invesco that tracks the performance of the FTSE RAFI US 1000 Index. It was launched on Dec 19, 2005. PFF is a passively managed fund by iShares that tracks the performance of the S&P U.S. Preferred Stock Index. It was launched on Mar 30, 2007. Both PRF and PFF 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: PRF or PFF.
Key characteristics
| PRF | PFF | |
|---|---|---|
| YTD Return | 21.09% | 12.38% |
| 1Y Return | 35.20% | 20.45% |
| 3Y Return (Ann) | 9.35% | 0.35% |
| 5Y Return (Ann) | 13.59% | 3.42% |
| 10Y Return (Ann) | 11.04% | 3.92% |
| Sharpe Ratio | 3.06 | 2.38 |
| Sortino Ratio | 4.25 | 3.32 |
| Omega Ratio | 1.57 | 1.44 |
| Calmar Ratio | 5.27 | 1.13 |
| Martin Ratio | 20.48 | 13.30 |
| Ulcer Index | 1.67% | 1.44% |
| Daily Std Dev | 11.18% | 8.07% |
| Max Drawdown | -60.35% | -65.55% |
| Current Drawdown | 0.00% | -0.14% |
Correlation
The correlation between PRF and PFF is 0.54, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
PRF vs. PFF - Performance Comparison
In the year-to-date period, PRF achieves a 21.09% return, which is significantly higher than PFF's 12.38% return. Over the past 10 years, PRF has outperformed PFF with an annualized return of 11.04%, while PFF has yielded a comparatively lower 3.92% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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PRF vs. PFF - Expense Ratio Comparison
PRF has a 0.39% expense ratio, which is lower than PFF's 0.46% expense ratio.
Risk-Adjusted Performance
PRF vs. PFF - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco FTSE RAFI US 1000 ETF (PRF) and iShares Preferred and Income Securities ETF (PFF). 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
PRF vs. PFF - Dividend Comparison
PRF's dividend yield for the trailing twelve months is around 1.67%, less than PFF's 6.04% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PRF Invesco FTSE RAFI US 1000 ETF | 1.67% | 1.84% | 2.01% | 1.58% | 1.97% | 1.99% | 2.25% | 1.58% | 2.17% | 2.25% | 1.73% | 1.56% |
PFF iShares Preferred and Income Securities ETF | 6.04% | 6.63% | 5.55% | 4.45% | 4.79% | 5.31% | 6.31% | 5.59% | 5.85% | 5.77% | 6.32% | 6.61% |
Drawdowns
PRF vs. PFF - Drawdown Comparison
The maximum PRF drawdown since its inception was -60.35%, smaller than the maximum PFF drawdown of -65.55%. Use the drawdown chart below to compare losses from any high point for PRF and PFF. For additional features, visit the drawdowns tool.
Volatility
PRF vs. PFF - Volatility Comparison
Invesco FTSE RAFI US 1000 ETF (PRF) has a higher volatility of 4.01% compared to iShares Preferred and Income Securities ETF (PFF) at 2.53%. This indicates that PRF's price experiences larger fluctuations and is considered to be riskier than PFF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.