Cohen & Steers Preferred and Income Opportunities Active ETF
The ETF.net CSPF Grade
C
Score 51 out of 100
- 20 of 31
Score 51 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.D32 out of 100Rank 21 of 31Mission
Whether the fund did what it promised, tested against its stated mandate.B66 out of 100Rank 11 of 26Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.A74 out of 100Rank 6 of 31Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.D35 out of 100Rank 21 of 31Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A81 out of 100Rank 3 of 29Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.D28 out of 100Rank 27 of 31
Our read on CSPF
In short
CAn active preferred-securities fund from a specialist shop, free to roam US and overseas issues instead of tracking an index, and cutting a distribution check every month.
Stated mandate
The Fund seeks total return through high current income and capital appreciation.
Why people hold it
Worth knowing
CSPF Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.Not enough history yet.Not enough history yet.
CSPF$10,188
Returns run to the Oct 30, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | CSPF |
|---|---|
| Year to date | +1.6% |
| 1 month | +0.4% |
| 3 months | −1.6% |
| 1 year | +1.9% |
| 3 years | |
| 5 years | |
| 10 years |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | CSPF |
|---|---|---|
| 2026 YTD | +1.6% | |
| 2025 | +8.0% |
CSPF in the news
CSPF Dividends
- 5.83%
- $1.46
- $0.16 per share
- Monthly
CSPF Risk
- 3.8%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.34
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −3.2%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.21
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
FMP measures it over up to five years of monthly returns.
CSPF Cost
Overpaying vs PFFD, cheapest in Preferred Securities
$6,876
On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.
CSPF 0.59%
$11,635
PFFD 0.23% Cheapest
$4,759
Cost over time
Year by year
| Year | CSPF | PFFD | Overpaying |
|---|---|---|---|
| 10 | $1,058 | $419 | $639 |
| 20 | $4,051 | $1,630 | $2,421 |
| 30 | $11,635 | $4,759 | $6,876 |
You pay 0.59%Waived by Cohen & Steers 0.16%
Full fee 0.75% waiver 0.16% you pay 0.59%
Other funds in Preferred Securities
- CFPFDFidelity Preferred Securities & Income ETFExpense ratio 0.59%1 year return −2.3%
- CPRIZZacks Preferred Income ETFExpense ratio 0.45%1 year return
- CPRFDPIMCO Preferred And Capital Securities Active Exchange-Traded FundExpense ratio 0.72%1 year return +0.5%
- CFPEIFirst Trust Institutional Preferred Securities & Income ETFExpense ratio 0.85%1 year return +0.9%
- CEPRFInnovator S&P Inv. Grade Preferred ETFExpense ratio 0.47%1 year return −8.4%
