QPFF vs. PFLD

Last updated Jun 5, 2026

QPFF (American Century Quality Preferred ETF) and PFLD (AAM Low Duration Preferred and Income Securities ETF 144A) are both Preferred Stock/Convertible Bonds funds. QPFF is actively managed, while PFLD is passively managed. QPFF charges 0.33%/yr vs 0.45%/yr for PFLD.

Performance

QPFF vs. PFLD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in American Century Quality Preferred ETF (QPFF) and AAM Low Duration Preferred and Income Securities ETF 144A (PFLD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

QPFF

• 1D: 0.00%
• 1M: 0.00%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

PFLD

• 1D: -0.10%
• 1M: 0.43%
• YTD: 2.58%
• 6M: 3.06%
• 1Y: 5.71%
• 3Y*: 5.03%
• 5Y*: 1.02%
• 10Y*: —

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

QPFF vs. PFLD - Yearly Performance Comparison

	2026 (YTD)
QPFF American Century Quality Preferred ETF	0.00%
PFLD AAM Low Duration Preferred and Income Securities ETF 144A	1.29%

QPFF vs. PFLD - Sectors Allocation Comparison

Sectors	QPFF	PFLD
Financial Services	51.6%	-
Utilities	5.5%	100.0%
Real Estate	4.1%	-
Communication Services	3.6%	-
Consumer Cyclical	2.1%	-
Industrials	1.2%	-
Basic Materials	0.3%	-
Consumer Defensive	-	-
Energy	-	-
Healthcare	-	-
Technology	-	-

Return for Risk

QPFF vs. PFLD — Risk / Return Rank

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

PFLD

PFLD Risk / Return Rank: 55
PFLD Sharpe Ratio Rank: 50
PFLD Sortino Ratio Rank: 59
PFLD Omega Ratio Rank: 52
PFLD Calmar Ratio Rank: 53
PFLD Martin Ratio Rank: 64

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.

QPFF vs. PFLD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for American Century Quality Preferred ETF (QPFF) and AAM Low Duration Preferred and Income Securities ETF 144A (PFLD). 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.

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

Sharpe Ratios by Period

	QPFF	PFLD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.70	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.14	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.16	—

Drawdowns

QPFF vs. PFLD - Drawdown Comparison

The maximum QPFF drawdown since its inception was 0.00%, smaller than the maximum PFLD drawdown of -33.20%. Use the drawdown chart below to compare losses from any high point for QPFF and PFLD.

Drawdown Indicators

	QPFF	PFLD	Difference
Max Drawdown Largest peak-to-trough decline	0.00%	-33.20%	+33.20%
Max Drawdown (1Y) Largest decline over 1 year	—	-2.23%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-6.41%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-15.51%	—
Current Drawdown Current decline from peak	0.00%	-0.10%	+0.10%
Average Drawdown Average peak-to-trough decline	0.00%	-4.17%	+4.17%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.50%	—

Volatility

Volatility by Period

	QPFF	PFLD	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.83%	—
Volatility (6M) Calculated over the trailing 6-month period	—	2.26%	—
Volatility (1Y) Calculated over the trailing 1-year period	0.00%	3.40%	-3.40%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.00%	7.50%	-7.50%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.00%	13.37%	-13.37%

QPFF vs. PFLD - Expense Ratio Comparison

QPFF has a 0.33% expense ratio, which is lower than PFLD's 0.45% expense ratio.

Dividends

QPFF vs. PFLD - Dividend Comparison

QPFF has not paid dividends to shareholders, while PFLD's dividend yield for the trailing twelve months is around 5.60%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
PFLD AAM Low Duration Preferred and Income Securities ETF 144A	5.60%	6.52%	7.09%	7.09%	5.76%	4.52%	4.79%	0.82%
QPFF American Century Quality Preferred ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Which ETF is better, QPFF or PFLD?

On fees, QPFF is cheaper at 0.33% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, QPFF or PFLD?

QPFF is cheaper with a 0.33% expense ratio, compared with 0.45% for PFLD.

Which ETF pays a higher dividend yield, QPFF or PFLD?

PFLD has the higher dividend yield at 5.60%, compared with 0.00% for QPFF.

What is the main difference between QPFF and PFLD?

They also come from different issuers: American Century and Advisors Asset Management. Their fees differ too: 0.33% for QPFF and 0.45% for PFLD.