# PREF (Principal Spectrum Preferred Securities Active ETF)

Principal · Bond ETFs · Preferred stock · data as of Oct 2, 2026

PREF is actively managed and returned +1.2% over the past year.

## Key facts

- PREF, total return, 1 year: +1.2%, as of Oct 2, 2026.
- PREF, expense ratio: 0.55%, as of Oct 2, 2026.
- PREF, holdings: 160, as of Oct 2, 2026.
- PREF, below its high: −2.4%, as of Oct 2, 2026.
- PREF, net assets: $1.8bn (SEC filing, whole fund, as filed for Jun 30, 2026).

## PREF over each window to Oct 2, 2026

| Window | Total return | S&P 500 | Gap to S&P 500 | Gap to Nasdaq-100 |
| --- | --- | --- | --- | --- |
| 3 months | −2.4% | +3.6% | −6.0 pts | −7.7 pts |
| 6 months | −0.3% | +17.9% | −18.2 pts | −28.7 pts |
| 1 year | +1.2% | +16.2% | −15.0 pts | −23.1 pts |
| 3 years | +27.4% | +89.3% | −61.9 pts | −87.4 pts |
| Since listing | +40.8% | +259.0% | −218.2 pts | −409.4 pts |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| What it tracks | No index, actively managed | ETFIQ |
| Fund type | Equity fund | ETFIQ |
| Category | Bonds · Preferred stock | ETFIQ |
| Expense ratio | 0.55% | 485BPOS XBRL, Oct 27, 2025 |
| Price | $18.28 | ETFIQ |
| Listed since | Jul 26, 2017 | ETFIQ |
| Net assets | $1.8bn | SEC filing, whole fund, as filed for Jun 30, 2026 |
| Below its high | −2.4% | ETFIQ |
| Holdings | 160 | ETFIQ |
| Top ten weight | 20.4% | ETFIQ |
| Holdings as of | Jun 30, 2026 | SEC N-PORT |
| Already in the S&P 500, by weight | 30.3% | ETFIQ |
| Active share vs the S&P 500 | 94.7% | ETFIQ |
| Already in the Nasdaq-100, by weight | 1.7% | ETFIQ |

## Questions

### 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.


## Cite this page

ETFIQ, PREF, data as of Oct 2, 2026. https://etfiq.com/funds/pref
Free to use with attribution; the underlying files are at https://etfiq.com/data/.

HTML: https://etfiq.com/funds/pref  ·  JSON: https://etfiq.com/funds/pref.json