WBIG vs. PFFD
WBIG (WBI BullBear Yield 3000 ETF) and PFFD (Global X U.S. Preferred ETF) are both exchange-traded funds - WBIG is a Global Equities fund actively managed by WBI, while PFFD is a Preferred Stock/Convertible Bonds fund tracking the ICE BofAML Diversified Core U.S. Preferred Securities Index. WBIG is actively managed, while PFFD is passively managed. Over the past 5 years, WBIG returned 0.62%/yr vs -0.16%/yr for PFFD. At a 0.40 correlation, their price movements are largely independent. WBIG charges 1.14%/yr vs 0.23%/yr for PFFD.
Performance
WBIG vs. PFFD - Performance Comparison
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Returns By Period
In the year-to-date period, WBIG achieves a 8.66% return, which is significantly higher than PFFD's 2.29% return.
WBIG
- 1D
- -0.94%
- 1M
- 3.95%
- YTD
- 8.66%
- 6M
- 7.77%
- 1Y
- 19.57%
- 3Y*
- 6.22%
- 5Y*
- 0.62%
- 10Y*
- 3.82%
PFFD
- 1D
- -0.58%
- 1M
- 0.16%
- YTD
- 2.29%
- 6M
- 2.67%
- 1Y
- 7.65%
- 3Y*
- 5.10%
- 5Y*
- -0.16%
- 10Y*
- —
WBIG vs. PFFD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
WBIG WBI BullBear Yield 3000 ETF | 8.66% | -0.39% | 5.87% | -2.68% | -7.68% | 16.04% | -3.30% | 6.85% | -8.46% | 11.53% |
PFFD Global X U.S. Preferred ETF | 2.29% | 3.22% | 7.07% | 6.85% | -20.20% | 5.07% | 8.90% | 17.43% | -3.94% | 0.85% |
Correlation
The correlation between WBIG and PFFD is 0.57, 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 | 0.57 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.50 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.46 |
Correlation (All Time) Calculated using the full available price history since Sep 14, 2017 | 0.40 |
The correlation between WBIG and PFFD shifts across timeframes, from 0.40 (all time) to 0.57 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
WBIG vs. PFFD — Risk / Return Rank
WBIG
PFFD
WBIG vs. PFFD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WBI BullBear Yield 3000 ETF (WBIG) 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.
| WBIG | PFFD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.92 | ||
| Sortino ratioReturn per unit of downside risk | +1.33 | ||
| Omega ratioGain probability vs. loss probability | 1.37 | 1.19 | +0.18 |
| Calmar ratioReturn relative to maximum drawdown | 3.88 | 1.29 | +2.59 |
| Martin ratioReturn relative to average drawdown | 12.22 | 3.81 | +8.41 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| WBIG | PFFD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.99 | 1.07 | +0.92 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.05 | -0.01 | +0.07 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.33 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.15 | 0.21 | -0.06 |
Drawdowns
WBIG vs. PFFD - Drawdown Comparison
The maximum WBIG drawdown since its inception was -25.32%, smaller than the maximum PFFD drawdown of -30.93%. Use the drawdown chart below to compare losses from any high point for WBIG and PFFD.
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Drawdown Indicators
| WBIG | PFFD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -25.32% | -30.93% | +5.61% |
Max Drawdown (1Y)Largest decline over 1 year | -5.06% | -5.97% | +0.91% |
Max Drawdown (3Y)Largest decline over 3 years | -20.20% | -10.84% | -9.36% |
Max Drawdown (5Y)Largest decline over 5 years | -25.32% | -24.45% | -0.87% |
Max Drawdown (10Y)Largest decline over 10 years | -25.32% | — | — |
Current DrawdownCurrent decline from peak | -4.84% | -3.68% | -1.16% |
Average DrawdownAverage peak-to-trough decline | -10.92% | -6.59% | -4.33% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.61% | 2.01% | -0.40% |
Volatility
WBIG vs. PFFD - Volatility Comparison
WBI BullBear Yield 3000 ETF (WBIG) has a higher volatility of 3.43% compared to Global X U.S. Preferred ETF (PFFD) at 2.09%. This indicates that WBIG'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
| WBIG | PFFD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.43% | 2.09% | +1.34% |
Volatility (6M)Calculated over the trailing 6-month period | 6.58% | 5.32% | +1.26% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.89% | 7.19% | +2.70% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.05% | 10.98% | +1.07% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 11.55% | 12.76% | -1.21% |
WBIG vs. PFFD - Expense Ratio Comparison
WBIG has a 1.14% expense ratio, which is higher than PFFD's 0.23% expense ratio.
Dividends
WBIG vs. PFFD - Dividend Comparison
WBIG's dividend yield for the trailing twelve months is around 1.21%, less than PFFD's 6.37% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PFFD Global X U.S. Preferred ETF | 6.37% | 6.37% | 6.42% | 6.49% | 6.63% | 5.09% | 5.17% | 5.48% | 6.21% | 1.94% | 0.00% | 0.00% |
WBIG WBI BullBear Yield 3000 ETF | 1.21% | 1.74% | 2.05% | 1.74% | 1.29% | 2.94% | 0.90% | 1.87% | 1.20% | 1.27% | 0.96% | 1.41% |
Frequently Asked Questions
WBIG and PFFD have a correlation of 0.57, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
WBIG has higher volatility (3.43%) compared to PFFD (2.09%). In terms of maximum drawdown, WBIG dropped -25.32% vs PFFD's -30.93%.
On 5-year performance, WBIG leads with 0.62% vs -0.16% for PFFD. On fees, PFFD is cheaper at 0.23% per year. On volatility, PFFD has been the lower-risk option at 2.09%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, WBIG has performed better with a 0.62% return vs -0.16%. 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 1.14% for WBIG.
PFFD has the higher dividend yield at 6.37%, compared with 1.21% for WBIG.
WBIG is categorized as Global Equities, while PFFD is Preferred Stock/Convertible Bonds. They also come from different issuers: WBI and Global X. Their fees differ too: 1.14% for WBIG and 0.23% for PFFD.
WBIG currently has the higher Sharpe Ratio (1.99 vs 1.07), 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.
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