PRFD vs. PUTW

Last updated Jul 15, 2026

PRFD (PIMCO Preferred And Capital Securities Active Exchange-Traded Fund) and PUTW (WisdomTree Equity Premium Income Fund) are both funds - PRFD is a Preferred Stock/Convertible Bonds fund actively managed by PIMCO, while PUTW is a Derivative Income fund tracking the Volos U.S. Large Cap Target 2.5% PutWrite Index. PRFD is actively managed, while PUTW is passively managed. At a 0.28 correlation, their price movements are largely independent. PRFD charges 0.74%/yr vs 0.44%/yr for PUTW.

Performance

PRFD vs. PUTW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in PIMCO Preferred And Capital Securities Active Exchange-Traded Fund (PRFD) and WisdomTree Equity Premium Income Fund (PUTW). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

PRFD

• 1D: 0.19%
• 1M: 0.22%
• 6M: 1.15%
• YTD: 1.76%
• 1Y: 6.31%
• 3Y*: 8.94%
• 5Y*: —
• 10Y*: —

PUTW

• 1D: —
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

PRFD vs. PUTW - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
PRFD PIMCO Preferred And Capital Securities Active Exchange-Traded Fund	1.76%	8.45%	9.92%	1.81%
PUTW WisdomTree Equity Premium Income Fund	0.00%	-2.80%	17.19%	11.38%

Correlation

The correlation between PRFD and PUTW is 0.28, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (3Y) Calculated over the trailing 3-year period	0.26
Correlation (All Time) Calculated using the full available price history since Jan 19, 2023	0.28

PRFD vs. PUTW - Sectors Allocation Comparison

Sectors	PRFD	PUTW
Financial Services	2.1%	-0.0%
Communication Services	0.2%	-
Utilities	0.1%	-
Basic Materials	-	-
Consumer Cyclical	-	-
Consumer Defensive	-	-
Energy	-	-
Healthcare	-	-
Industrials	-	-
Real Estate	-	-
Technology	-	-

Return for Risk

PRFD vs. PUTW — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

PRFD

PRFD Risk / Return Rank: 69
PRFD Sharpe Ratio Rank: 79
PRFD Sortino Ratio Rank: 78
PRFD Omega Ratio Rank: 83
PRFD Calmar Ratio Rank: 47
PRFD Martin Ratio Rank: 57

PUTW

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

PRFD vs. PUTW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for PIMCO Preferred And Capital Securities Active Exchange-Traded Fund (PRFD) and WisdomTree Equity Premium Income Fund (PUTW). 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.

	PRFD	PUTW	Difference
Sharpe ratio: Return per unit of total volatility	2.00	—	—
Sortino ratio: Return per unit of downside risk	2.77	—	—
Omega ratio: Gain probability vs. loss probability	1.39	—	—
Calmar ratio: Return relative to maximum drawdown	1.93	—	—
Martin ratio: Return relative to average drawdown	7.87	—	—

Drawdowns

Drawdown Indicators

	PRFD	PUTW	Difference
Max Drawdown Largest peak-to-trough decline	-11.93%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-3.28%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-6.28%	—	—
Current Drawdown Current decline from peak	-0.52%	—	—
Average Drawdown Average peak-to-trough decline	-2.17%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	0.80%	—	—

Volatility

Volatility by Period

	PRFD	PUTW	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.72%	—	—
Volatility (6M) Calculated over the trailing 6-month period	2.70%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	3.17%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.82%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.82%	—	—

PRFD vs. PUTW - Expense Ratio Comparison

PRFD has a 0.74% expense ratio, which is higher than PUTW's 0.44% expense ratio.

Dividends

PRFD vs. PUTW - Dividend Comparison

PRFD's dividend yield for the trailing twelve months is around 5.80%, while PUTW has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
PRFD PIMCO Preferred And Capital Securities Active Exchange-Traded Fund	5.80%	5.63%	5.53%	5.04%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
PUTW WisdomTree Equity Premium Income Fund	0.00%	4.16%	11.99%	7.63%	2.16%	0.00%	1.43%	1.47%	5.49%	3.33%	2.27%

Frequently Asked Questions

Can I hold both PRFD and PUTW in my portfolio?

PRFD and PUTW have a correlation of 0.28, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.