Data as of Oct 28, 2026.

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BOND vs PFF: Differences, Returns & Fees

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Over the year to Oct 28, 2026, BOND returned −1.4% to PFF's −4.2%, and PFF charges 0.45% to BOND's 0.54%.

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Net assets: $8.3bn on Jun 30, 2026 for PIMCO Active Bond Exchange-Traded Fund, and $11.8bn on Oct 27, 2026 for iShares Preferred and Income Securities ETF.

At a glance
−1.4%
BOND total return, 1 year
−4.2%
PFF total return, 1 year
0.54%
BOND expense ratio
0.45%
PFF expense ratio

Pair scorecard

PFF costs 0.09 points a year less; their one-year returns differ by 2.8 points.

BOND vs PFF: Differences, Returns & Fees
MeasureBONDPFF
Return
Total return, 1 year−1.4%−4.2%
Drawdown
Below its high3.1%, high on Feb 27, 20267.1%, high on May 8, 2026
Benchmark
What it tracksNo index, actively managedICE Exchange-Listed Preferred & Hybrid Securities Index
Cost and size
Expense ratio0.54%0.45%
Net assets, BOND as of Jun 30, 2026 and PFF as of Oct 27, 2026$8.3bn$11.8bn
Holdings
Holdings in common0%
In the S&P 500, by weight0%
Top ten holdings, share of the fund22.7%

Holdings in common uses holdings dated Jun 30, 2026. Method

What they share

0%

By the books each fund has filed, BOND and PFF hold 0% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026.

0 half 100%

half

0% in common

Positions both hold · largest shared weight first BOND PFF
Only in one fund ↓
Only in BOND
Uniform Mortgage-Backed Security, TBA, due Aug 1, 2056 5.56%
PIMCO Mortgage-Backed Securities Active Exchange-Traded Fund 4.07%
Uniform Mortgage-Backed Security, TBA, due Aug 1, 2056 3.46%
U.S. Treasury Bonds, due Feb 15, 2043 3.39%
Uniform Mortgage-Backed Security, TBA, due Aug 1, 2056 2.73%
U.S. Treasury Bonds, due Nov 15, 2045 2.57%
Uniform Mortgage-Backed Security, TBA, due Sep 1, 2056 2.54%
Uniform Mortgage-Backed Security, TBA, due Aug 1, 2056 2.27%
Only in PFF
BOEING COMPANY (THE) 6% SER A DEP SHS REPSTG 1/20TH INT MANDATORY CONV PFD 3.93%
STRATEGY INC VARIABLE RATE SERIES A PERPETUAL STRETCH PREFERRED STOCK 2.95%
WELLS FARGO & COMPANY 7.5% NON-CUMULATIVE PERPETUAL CONVERTIBLE CLASS A PREFERRED STOCK, SERIES L 2.33%
ORACLE CORP DEPOSITARY SHARES EACH REPRESENTING A 1/2,000TH INTEREST IN A SHARE OF 6.50% SERIES D MANDATORY CONVERTIBLE PREFERRED STOCK 2.28%
HEWLETT PACKARD ENTERPRISE COMPANY 7.625% SERIES C MANDATORY CONVERTIBLE PREFERRED STOCK 1.76%
BANK OF AMERICA CORP 7.25% NON-CUMULATIVE PERPETUAL CONVERTIBLE PREFERRED STOCK SERIES L 1.45%
CITIGROUP CAPITAL XIII FIXED/FLOAT TRUST PREFERRED SECURITIES 1.31%
ALBEMARLE CORP DEPOSITARY SHARES EACH REPRESENTING A 1/20TH INTEREST IN A SHARE OF 7.25% SERIES A MANDATORY CONVERTIBLE PREFERRED STOCK 1.29%
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Side by side

BOND PIMCO Active Bond Exchange-Traded Fund PFF iShares Preferred and Income Securities ETF
Where it sits Bond ETF Bond ETF
Issuer PIMCO iShares
What it is Actively managed Tracks an index of Preferred and Income Securities
Total return, 1 year −1.4% −4.2%
Its benchmark over the same days −1.4% (AGG) +13.6% (MLRG)
Gap to its benchmark 0.0 pts vs AGG −17.8 pts vs MLRG
Expense ratio 0.54% 0.45%
Holdings 1565 453
Net assets, BOND as of Jun 30, 2026 and PFF as of Oct 27, 2026 $8.3bn $11.8bn

BOND and PFF on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.

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About each fund
BOND

BOND is actively managed and tracks no index. Over the year to Oct 28, 2026 it returned −1.4% with distributions reinvested, against −1.4% for its benchmark, the Bloomberg U.S. Aggregate Index. The prospectus expense ratio is 0.54% a year. It sat 3.1% below its high of Feb 27, 2026 on Oct 28, 2026.

PFF

PFF tracks an index of Preferred and Income Securities. Over the year to Oct 28, 2026 it returned −4.2% with distributions reinvested, against +13.6% for its benchmark, the MSCI USA Index. The prospectus expense ratio is 0.45% a year. By its holdings published by its issuer for Oct 27, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 453 positions, with the top ten at 22.7%. It sat 7.1% below its high of May 8, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, BOND or PFF?
In the year to Oct 28, 2026, with distributions reinvested, BOND returned −1.4% and PFF −4.2%.
Which is cheaper, BOND or PFF?
PFF is cheaper, by 0.09 percentage points a year. That is about $9 on $10,000 held for a year. Fees come from each fund's prospectus.
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ETFIQ, BOND against PFF, data as of Oct 28, 2026. https://etfiq.com/compare/any/bond-vs-pff

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