Data as of Oct 28, 2026.
PFFD vs PFXF: Differences, Returns & Fees
Over the year to Oct 28, 2026, PFFD returned −6.2% to PFXF's +0.5%, and PFFD charges 0.23% to PFXF's 0.40%.
askIQ about this page
askIQ about PFFD and PFXF
Net assets: $2.0bn on Oct 12, 2026 for Global X U.S. Preferred ETF, and $2.2bn on Oct 27, 2026 for VanEck Preferred Securities ex Financials ETF.
Pair scorecard
PFFD costs 0.17 points a year less; their one-year returns differ by 6.7 points; PFXF is 1.2 times larger.
| Measure | PFFD | PFXF |
|---|---|---|
| Return | ||
| Total return, 1 year | −6.2% | +0.5% |
| Drawdown | ||
| Below its high | 10.5%, high on Nov 5, 2021 | 8.4%, high on Jun 2, 2026 |
| Benchmark | ||
| What it tracks | ICE BofA Diversified Core U.S. Preferred Securities Index | ICE Exchange-Listed Fixed & Adjustable Rate Non-Financial Preferred Securities Index |
| Cost and size | ||
| Expense ratio | 0.23% | 0.40% |
| Net assets, as of Oct 12, 2026 | $2.0bn | $2.3bn |
| Holdings | ||
| Holdings in common | 37% | |
| Top ten holdings, share of the fund | 21.2% | 46.1% |
Holdings in common uses holdings dated May 31, 2026 and Jun 30, 2026. Method
Risk and return
Sep 22, 2017 to Oct 23, 2026 · 474 weekly returnsPFXF returned more: +48.1% to +16.8%. PFFD swung slightly less: 12.9% to 14.1%. PFFD fell less at its worst: −26.1% to −29.2%.
Full scorecard
9 measures, with how each is measured Open ↓
| Measure | PFFD | PFXF | Edge | How it is measured |
|---|---|---|---|---|
| Return | ||||
| Total return | +16.8% | +48.1% | PFXF | Price change plus distributions, reinvested. |
| Annualized | +1.7% | +4.4% | PFXF | Total return as a yearly rate. |
| Price return | −31.8% | −15.7% | PFXF | Price change alone, distributions left out. |
| Risk | ||||
| Volatility | 12.9% | 14.1% | PFFD (slight) | Spread of weekly returns, annualized. Lower is steadier. |
| Downside deviation | 9.0% | 9.9% | PFFD (slight) | Like volatility, counting only weeks below the Treasury bill rate. |
| Max drawdown | −26.1% | −29.2% | PFFD | Deepest fall from a high to the low after it. |
| Risk-adjusted | ||||
| Sharpe | −0.01 | 0.19 | PFXF | Return above Treasury bills per unit of volatility. |
| Sortino | −0.02 | 0.26 | PFXF | Return above Treasury bills per unit of downside deviation. |
| Calmar | 0.07 | 0.15 | PFXF | Annualized return divided by the max drawdown. |
Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 474 weekly returns. Cash rate: the 13-week Treasury bill.
What they share
By the books each fund has filed, PFFD and PFXF hold 37% of their money in the same securities at the same weight. Holdings dated May 31, 2026 and Jun 30, 2026.
half
37% in common
Only in one fund ↓
Side by side
PFFD and PFXF on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.
PFFD and PFXF are built for the same job. How do they differ in cost, holdings and results?
- What each follows. PFFD follows ICE BofA Diversified Core U.S. Preferred Securities Index and PFXF follows ICE Exchange-Listed Fixed & Adjustable Rate Non-Financial Preferred Securities Index.
- Holdings in common. 37% of the weight is in the same securities (holdings dated May 31, 2026 and Jun 30, 2026).
- One-year total return. Over 1 year to Oct 28, 2026 PFFD returned −6.2% and PFXF +0.5% with distributions reinvested, a gap of 6.7 points.
Data as of Oct 28, 2026.
The two-page PDF for this pair is coming. Save the comparison to follow its changes. Free. It needs an email sign-in, once.
PFFD
PFFD tracks an index. Over the year to Oct 28, 2026 it returned −6.2% with distributions reinvested. The prospectus expense ratio is 0.23% a year. By its holdings filed for May 31, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 224 positions, with the top ten at 21.2%. It sat 10.5% below its high of Nov 5, 2021 on Oct 28, 2026.
PFXF
PFXF tracks an index. Over the year to Oct 28, 2026 it returned +0.5% with distributions reinvested. The prospectus expense ratio is 0.40% 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 116 positions, with the top ten at 46.1%. It sat 8.4% below its high of Jun 2, 2026 on Oct 28, 2026.
Questions people ask
- Which returned more over the last year, PFFD or PFXF?
- In the year to Oct 28, 2026, with distributions reinvested, PFFD returned −6.2% and PFXF +0.5%.
- Which is cheaper, PFFD or PFXF?
- PFFD 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, PFFD against PFXF, data as of Oct 28, 2026. https://etfiq.com/compare/any/pffd-vs-pfxf
ETFIQ. (Oct 28, 2026). PFFD against PFXF. Retrieved from https://etfiq.com/compare/any/pffd-vs-pfxf
[PFFD against PFXF (ETFIQ, Oct 28, 2026)](https://etfiq.com/compare/any/pffd-vs-pfxf)
Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.