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PSCF vs. PFFD
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

PSCF vs. PFFD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco S&P SmallCap Financials ETF (PSCF) and Global X U.S. Preferred ETF (PFFD). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, PSCF achieves a 12.95% return, which is significantly higher than PFFD's 1.75% return.


PSCF

1D
1.30%
1M
4.77%
YTD
12.95%
6M
11.09%
1Y
22.91%
3Y*
19.88%
5Y*
4.52%
10Y*
7.98%

PFFD

1D
0.00%
1M
0.10%
YTD
1.75%
6M
1.42%
1Y
6.96%
3Y*
5.74%
5Y*
-0.48%
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

PSCF vs. PFFD - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
PSCF
Invesco S&P SmallCap Financials ETF
12.95%6.19%15.50%6.02%-19.34%27.82%-9.07%23.13%-8.43%10.01%
PFFD
Global X U.S. Preferred ETF
1.75%3.22%7.07%6.85%-20.20%5.07%8.90%17.43%-3.94%0.69%

Correlation

The correlation between PSCF and PFFD is 0.56, 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

0.56

Correlation (3Y)
Calculated over the trailing 3-year period

0.55

Correlation (5Y)
Calculated over the trailing 5-year period

0.53

Correlation (All Time)
Calculated using the full available price history since Sep 13, 2017

0.45

The correlation between PSCF and PFFD shifts across timeframes, from 0.45 (all time) to 0.56 (1 year), reflecting how their relationship changes across market environments.

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Return for Risk

PSCF vs. PFFD — Risk / Return Rank

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

PSCF
PSCF Risk / Return Rank: 4242
Overall Rank
PSCF Sharpe Ratio Rank: 4040
Sharpe Ratio Rank
PSCF Sortino Ratio Rank: 4040
Sortino Ratio Rank
PSCF Omega Ratio Rank: 3838
Omega Ratio Rank
PSCF Calmar Ratio Rank: 5050
Calmar Ratio Rank
PSCF Martin Ratio Rank: 4141
Martin Ratio Rank

PFFD
PFFD Risk / Return Rank: 2626
Overall Rank
PFFD Sharpe Ratio Rank: 2828
Sharpe Ratio Rank
PFFD Sortino Ratio Rank: 2626
Sortino Ratio Rank
PFFD Omega Ratio Rank: 2424
Omega Ratio Rank
PFFD Calmar Ratio Rank: 2525
Calmar Ratio Rank
PFFD Martin Ratio Rank: 2626
Martin Ratio Rank
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.

PSCF vs. PFFD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco S&P SmallCap Financials ETF (PSCF) and Global X U.S. Preferred ETF (PFFD). 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.


PSCFPFFDDifference
Sharpe ratioReturn per unit of total volatility

+0.37

Sortino ratioReturn per unit of downside risk

+0.56

Omega ratioGain probability vs. loss probability

1.24

1.16

+0.07

Calmar ratioReturn relative to maximum drawdown

2.32

1.17

+1.15

Martin ratioReturn relative to average drawdown

6.18

3.42

+2.76

PSCF vs. PFFD - Sharpe Ratio Comparison

The current PSCF Sharpe Ratio is 1.32, which is higher than the PFFD Sharpe Ratio of 0.95. The chart below compares the historical Sharpe Ratios of PSCF and PFFD, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Drawdowns

PSCF vs. PFFD - Drawdown Comparison

The maximum PSCF drawdown since its inception was -45.46%, which is greater than PFFD's maximum drawdown of -30.93%. Use the drawdown chart below to compare losses from any high point for PSCF and PFFD.


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Drawdown Indicators


PSCFPFFDDifference

Max Drawdown

Largest peak-to-trough decline

-45.46%

-30.93%

-14.53%

Max Drawdown (1Y)

Largest decline over 1 year

-9.91%

-5.97%

-3.94%

Max Drawdown (3Y)

Largest decline over 3 years

-24.34%

-10.84%

-13.50%

Max Drawdown (5Y)

Largest decline over 5 years

-36.77%

-24.45%

-12.32%

Max Drawdown (10Y)

Largest decline over 10 years

-45.46%

Current Drawdown

Current decline from peak

0.00%

-4.19%

+4.19%

Average Drawdown

Average peak-to-trough decline

-8.57%

-6.57%

-2.00%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.71%

2.04%

+1.67%

Volatility

PSCF vs. PFFD - Volatility Comparison

Invesco S&P SmallCap Financials ETF (PSCF) has a higher volatility of 4.70% compared to Global X U.S. Preferred ETF (PFFD) at 1.99%. This indicates that PSCF's price experiences larger fluctuations and is considered to be riskier than PFFD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


PSCFPFFDDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.70%

1.99%

+2.71%

Volatility (6M)

Calculated over the trailing 6-month period

11.99%

5.44%

+6.55%

Volatility (1Y)

Calculated over the trailing 1-year period

17.54%

7.35%

+10.19%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

22.42%

11.01%

+11.41%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

24.77%

12.73%

+12.04%

PSCF vs. PFFD - Expense Ratio Comparison

PSCF has a 0.29% expense ratio, which is higher than PFFD's 0.23% expense ratio.


Dividends

PSCF vs. PFFD - Dividend Comparison

PSCF's dividend yield for the trailing twelve months is around 2.22%, less than PFFD's 6.40% yield.


PositionTTM20252024202320222021202020192018201720162015
PFFD
Global X U.S. Preferred ETF
6.40%6.37%6.42%6.49%6.63%5.09%5.17%5.48%6.21%1.94%0.00%0.00%
PSCF
Invesco S&P SmallCap Financials ETF
2.22%2.09%2.48%3.32%2.93%1.83%3.57%4.27%4.21%2.26%3.01%2.37%

Frequently Asked Questions


PSCF and PFFD have a correlation of 0.56, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

PSCF has higher volatility (4.70%) compared to PFFD (1.99%). In terms of maximum drawdown, PSCF dropped -45.46% vs PFFD's -30.93%.

On 5-year performance, PSCF leads with 4.52% vs -0.48% for PFFD. On fees, PFFD is cheaper at 0.23% per year. On volatility, PFFD has been the lower-risk option at 1.99%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 5-year period, PSCF has performed better with a 4.52% return vs -0.48%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

PFFD is cheaper with a 0.23% expense ratio, compared with 0.29% for PSCF.

PFFD has the higher dividend yield at 6.40%, compared with 2.22% for PSCF.

PSCF is categorized as Financials Equities, while PFFD is Preferred Stock/Convertible Bonds. PSCF tracks S&P SmallCap 600 Financials Index, while PFFD tracks ICE BofA Diversified Core U.S. Preferred Securities Index. They also come from different issuers: Invesco and Global X. Their fees differ too: 0.29% for PSCF and 0.23% for PFFD.

PSCF currently has the higher Sharpe Ratio (1.32 vs 0.95), 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.

Portfolio Optimizer

Find the right allocation for PSCF and PFFD

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

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