Data as of Oct 28, 2026.
FENI vs PFF: Differences, Returns & Fees
Over the year to Oct 28, 2026, FENI returned +14.2% to PFF's −4.2%; 0% of their weight is in the same names.
askIQ about this page
askIQ about FENI and PFFNet assets: $11.5bn on Sep 30, 2026 for Fidelity Enhanced International ETF, and $11.8bn on Oct 27, 2026 for iShares Preferred and Income Securities ETF.
Pair scorecard
FENI costs 0.17 points a year less; their one-year returns differ by 18.4 points; PFF is 1.1 times larger.
| Measure | FENI | PFF |
|---|---|---|
| Return | ||
| Total return, 1 year | +14.2% | −4.2% |
| Drawdown | ||
| Below its high | 4.7%, high on Aug 13, 2026 | 7.1%, high on May 8, 2026 |
| Benchmark | ||
| What it tracks | No index, actively managed | ICE Exchange-Listed Preferred & Hybrid Securities Index |
| Cost and size | ||
| Expense ratio | 0.28% | 0.45% |
| Net assets, as of Sep 30, 2026 | $11.5bn | $12.3bn |
| Holdings | ||
| Holdings in common | 0% | |
| Top ten holdings, share of the fund | 16.5% | 22.7% |
Holdings in common uses holdings dated Jun 30, 2026 and Oct 27, 2026. Method
What they share
By the books each fund has filed, FENI and PFF hold 0% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Oct 27, 2026.
half
0% in common
Only in one fund ↓
Side by side
FENI and PFF on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.
FENI
FENI is actively managed and tracks no index. Over the year to Oct 28, 2026 it returned +14.2% with distributions reinvested, against +12.1% for its benchmark, the MSCI EAFE Index. The prospectus expense ratio is 0.28% a year. By its holdings filed for Jun 30, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 386 positions, with the top ten at 16.5%. It sat 4.7% below its high of Aug 13, 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, FENI or PFF?
- In the year to Oct 28, 2026, with distributions reinvested, FENI returned +14.2% and PFF −4.2%.
- Which is cheaper, FENI or PFF?
- FENI is cheaper, by 0.17 percentage points a year. That is about $17 on $10,000 held for a year. Fees come from each fund's prospectus.
Links are sources, not endorsements. A comparison is not a recommendation.
How this is computed
Overlap adds up the smaller of the two weights for each security both funds hold.
Cite this pageCitation, APA and Markdown
ETFIQ, FENI against PFF, data as of Oct 28, 2026. https://etfiq.com/compare/any/feni-vs-pff
ETFIQ. (Oct 28, 2026). FENI against PFF. Retrieved from https://etfiq.com/compare/any/feni-vs-pff
[FENI against PFF (ETFIQ, Oct 28, 2026)](https://etfiq.com/compare/any/feni-vs-pff)
Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.