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PREF · Principal Spectrum Preferred Securities Active ETF

Equity fundActively managed0.55% fee$1.8bnSince Jul 26, 2017
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PREF is actively managed and returned +1.2% over the past year.

+1.2%
Total return, 1 year
0.55%
Expense ratio
160
Holdings
−2.4%
Below its high
WindowTotal returnS&P 500Gap to S&P 500Gap to Nasdaq-100
3M Jul 2 – Oct 2, 2026−2.4%+3.6%−6.0 pts−7.7 pts
6M Apr 2 – Oct 2, 2026−0.3%+17.9%−18.2 pts−28.7 pts
1Y Oct 2, 2025 – Oct 2, 2026+1.2%+16.2%−15.0 pts−23.1 pts
3Y Oct 3, 2023 – Oct 2, 2026+27.4%+89.3%−61.9 pts−87.4 pts
Since listing Jul 26, 2017 – Oct 2, 2026+40.8%+259.0%−218.2 pts−409.4 pts

PREF over each window to Oct 2, 2026. Every figure is an ETFIQ calculation. Source: ETFIQ.

PREF top ten by weight, 20.4% of its 160 equity positions, from the holdings filed for Jun 30, 2026. An index fund holds what the index holds, so this is the index. Source: the fund’s SEC filing.

BANK OF AMERICA CORP 2.77%
METLIFE INC 2.43%
ENBRIDGE INC 2.39%
TORONTO-DOMINION BANK 2.10%
JPMORGAN CHASE & CO 2.00%
PNC FINANCIAL SERVICES 1.87%
BANK OF NOVA SCOTIA 1.86%
CHARLES SCHWAB CORP 1.71%
M&T BANK CORPORATION 1.69%
WELLS FARGO & COMPANY 1.62%
Prospectus filing with the expense ratio (SEC) ↗
Head to head
Funds near this one
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In plain words

PREF is actively managed and tracks no index. Over the year to Oct 2, 2026 it returned +1.2% with distributions reinvested, against +16.2% for the S&P 500 and +24.3% for the Nasdaq-100. The prospectus expense ratio is 0.55% a year. By its holdings filed for Jun 30, 2026, 30% of the fund by weight is stocks the S&P 500 also holds, across 160 positions, with the top ten at 20.4%.
What it tracksNo index, actively managed
Fund typeEquity fund
Category (ETFIQ)Bonds · Preferred stock
Expense ratio (485BPOS XBRL, Oct 27, 2025)0.55%
Price$18.28
Listed sinceJul 26, 2017
Net assets (SEC filing, whole fund, as filed for Jun 30, 2026)$1.8bn
Below its high (ETFIQ)−2.4%
Holdings160
Top ten weight20.4%
Holdings as of (SEC N-PORT)Jun 30, 2026
Already in the S&P 500, by weight (ETFIQ)30.3%
Active share vs the S&P 500 (ETFIQ)94.7%
Already in the Nasdaq-100, by weight (ETFIQ)1.7%
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

Questions people ask about PREF

How has PREF performed?
Over the year to Oct 2, 2026, PREF returned +1.2% with distributions reinvested, against +16.2% for the S&P 500. Over three years the figure is +27.4%.
What does PREF cost?
The prospectus expense ratio is 0.55% a year.
What does PREF hold?
160 positions as filed for Jun 30, 2026, with the top ten at 20.4% of the fund. 30% of its weight is in stocks the S&P 500 also holds.
How far is PREF below its high?
2.4% below its high of Jul 6, 2026, measured on the reinvested series to Oct 2, 2026.
Sources and dates
Prices, PREF and S&P 500Tiingo end-of-day · Oct 2, 2026
Fee, 0.55%Prospectus filing with the expense ratio (SEC) ↗
Net assets, $1.8bnSEC filing, whole fund · Jun 30, 2026
HoldingsHoldings filing (SEC Form N-PORT) ↗

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

ETFIQ covers core, leveraged and inverse, buffer, thematic, option-income, alternatives and spot crypto ETFs. This fund is here because the other funds here are measured against it and portfolios hold it. ETFIQ is an independent publisher and makes no recommendations. Standards and sources

How these figures are computed →Standards and sources →Open data →
Cite this page

ETFIQ, PREF, core fund, data as of Oct 2, 2026. https://etfiq.com/funds/pref

Free to use with attribution; the underlying files are at Open data.

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