PRFD vs. PUTW
Compare and contrast key facts about PIMCO Preferred And Capital Securities Active Exchange-Traded Fund (PRFD) and WisdomTree CBOE S&P 500 PutWrite Strategy Fund (PUTW).
PRFD and PUTW are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. PRFD is an actively managed fund by PIMCO. It was launched on Jan 18, 2023. PUTW is a passively managed fund by WisdomTree that tracks the performance of the CBOE S&P 500 PutWrite Index. It was launched on Feb 24, 2016.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PRFD or PUTW.
Correlation
The correlation between PRFD and PUTW 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
PRFD vs. PUTW - Performance Comparison
Key characteristics
PRFD:
3.26
PUTW:
1.67
PRFD:
4.83
PUTW:
2.19
PRFD:
1.68
PUTW:
1.35
PRFD:
4.25
PUTW:
2.18
PRFD:
13.96
PUTW:
9.87
PRFD:
0.76%
PUTW:
1.67%
PRFD:
3.25%
PUTW:
9.88%
PRFD:
-11.93%
PUTW:
-28.40%
PRFD:
-0.05%
PUTW:
0.00%
Returns By Period
In the year-to-date period, PRFD achieves a 1.39% return, which is significantly lower than PUTW's 4.01% return.
PRFD
1.39%
1.63%
3.04%
10.46%
N/A
N/A
PUTW
4.01%
2.26%
9.01%
17.05%
8.85%
N/A
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PRFD vs. PUTW - Expense Ratio Comparison
PRFD has a 0.74% expense ratio, which is higher than PUTW's 0.44% expense ratio.
Risk-Adjusted Performance
PRFD vs. PUTW — Risk-Adjusted Performance Rank
PRFD
PUTW
PRFD vs. PUTW - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for PIMCO Preferred And Capital Securities Active Exchange-Traded Fund (PRFD) and WisdomTree CBOE S&P 500 PutWrite Strategy 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.
Dividends
PRFD vs. PUTW - Dividend Comparison
PRFD's dividend yield for the trailing twelve months is around 5.77%, less than PUTW's 11.69% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
PRFD PIMCO Preferred And Capital Securities Active Exchange-Traded Fund | 5.77% | 5.76% | 5.04% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
PUTW WisdomTree CBOE S&P 500 PutWrite Strategy Fund | 11.69% | 11.99% | 8.94% | 3.27% | 0.00% | 1.43% | 1.47% | 6.46% | 3.52% | 2.27% |
Drawdowns
PRFD vs. PUTW - Drawdown Comparison
The maximum PRFD drawdown since its inception was -11.93%, smaller than the maximum PUTW drawdown of -28.40%. Use the drawdown chart below to compare losses from any high point for PRFD and PUTW. For additional features, visit the drawdowns tool.
Volatility
PRFD vs. PUTW - Volatility Comparison
The current volatility for PIMCO Preferred And Capital Securities Active Exchange-Traded Fund (PRFD) is 0.82%, while WisdomTree CBOE S&P 500 PutWrite Strategy Fund (PUTW) has a volatility of 2.14%. This indicates that PRFD experiences smaller price fluctuations and is considered to be less risky than PUTW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.