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SPFF vs. PGX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between SPFF and PGX is 0.68, 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.


-0.50.00.51.00.7

Performance

SPFF vs. PGX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X SuperIncome Preferred ETF (SPFF) and Invesco Preferred ETF (PGX). The values are adjusted to include any dividend payments, if applicable.

-2.00%0.00%2.00%4.00%6.00%8.00%10.00%JulyAugustSeptemberOctoberNovemberDecember
5.54%
3.03%
SPFF
PGX

Key characteristics

Sharpe Ratio

SPFF:

1.08

PGX:

0.77

Sortino Ratio

SPFF:

1.52

PGX:

1.11

Omega Ratio

SPFF:

1.20

PGX:

1.14

Calmar Ratio

SPFF:

0.72

PGX:

0.49

Martin Ratio

SPFF:

4.94

PGX:

2.93

Ulcer Index

SPFF:

1.83%

PGX:

2.38%

Daily Std Dev

SPFF:

8.35%

PGX:

9.08%

Max Drawdown

SPFF:

-35.92%

PGX:

-66.42%

Current Drawdown

SPFF:

-4.17%

PGX:

-7.87%

Returns By Period

In the year-to-date period, SPFF achieves a 9.56% return, which is significantly higher than PGX's 7.05% return. Over the past 10 years, SPFF has underperformed PGX with an annualized return of 2.18%, while PGX has yielded a comparatively higher 3.41% annualized return.


SPFF

YTD

9.56%

1M

-1.90%

6M

5.60%

1Y

9.04%

5Y*

1.79%

10Y*

2.18%

PGX

YTD

7.05%

1M

-1.61%

6M

3.03%

1Y

6.58%

5Y*

0.48%

10Y*

3.41%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


SPFF vs. PGX - Expense Ratio Comparison

SPFF has a 0.58% expense ratio, which is higher than PGX's 0.52% expense ratio.


SPFF
Global X SuperIncome Preferred ETF
Expense ratio chart for SPFF: current value at 0.58% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.58%
Expense ratio chart for PGX: current value at 0.52% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.52%

Risk-Adjusted Performance

SPFF vs. PGX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X SuperIncome Preferred ETF (SPFF) and Invesco Preferred ETF (PGX). 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.


Sharpe ratio
The chart of Sharpe ratio for SPFF, currently valued at 1.08, compared to the broader market0.002.004.001.080.77
The chart of Sortino ratio for SPFF, currently valued at 1.52, compared to the broader market-2.000.002.004.006.008.0010.001.521.11
The chart of Omega ratio for SPFF, currently valued at 1.20, compared to the broader market0.501.001.502.002.503.001.201.14
The chart of Calmar ratio for SPFF, currently valued at 0.72, compared to the broader market0.005.0010.0015.000.720.49
The chart of Martin ratio for SPFF, currently valued at 4.94, compared to the broader market0.0020.0040.0060.0080.00100.004.942.93
SPFF
PGX

The current SPFF Sharpe Ratio is 1.08, which is higher than the PGX Sharpe Ratio of 0.77. The chart below compares the historical Sharpe Ratios of SPFF and PGX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio1.001.502.002.50JulyAugustSeptemberOctoberNovemberDecember
1.08
0.77
SPFF
PGX

Dividends

SPFF vs. PGX - Dividend Comparison

SPFF's dividend yield for the trailing twelve months is around 5.98%, more than PGX's 5.43% yield.


TTM20232022202120202019201820172016201520142013
SPFF
Global X SuperIncome Preferred ETF
5.98%6.64%7.20%5.84%5.80%6.01%7.64%7.29%7.08%7.54%6.82%7.37%
PGX
Invesco Preferred ETF
5.43%6.42%6.29%4.82%4.89%5.30%6.08%5.66%6.02%5.84%5.98%6.78%

Drawdowns

SPFF vs. PGX - Drawdown Comparison

The maximum SPFF drawdown since its inception was -35.92%, smaller than the maximum PGX drawdown of -66.42%. Use the drawdown chart below to compare losses from any high point for SPFF and PGX. For additional features, visit the drawdowns tool.


-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-4.17%
-7.87%
SPFF
PGX

Volatility

SPFF vs. PGX - Volatility Comparison

Global X SuperIncome Preferred ETF (SPFF) and Invesco Preferred ETF (PGX) have volatilities of 2.39% and 2.36%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


1.50%2.00%2.50%3.00%3.50%JulyAugustSeptemberOctoberNovemberDecember
2.39%
2.36%
SPFF
PGX
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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