Global X - U.S. Preferred ETF
$17.91−0.12 (−0.64%)
- Expense ratio
- 0.23%
- Fund size
- $2.1B
- 1Y return
- −3.0%
- Yield · Last 12 months
- 6.66%
- Holdings
- 221
- Volume · 30D
- 0.7M sh
- NAV per share
- $18.02
- 52W range
The ETF.net PFFD Grade
Score 74 of 100 sits in the A band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.AScore 97Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 77Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.DScore 25Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.AScore 86Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.BScore 60Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.AScore 73Category rank
Our read on PFFD
APreferred stock is a corner where fund fees usually run rich. PFFD turned up in 2017 charging 0.23% for a broad basket of U.S. preferreds, and it has paid monthly ever since. Cheap, plain-vanilla exposure to an income niche.
PFFD seeks to track the performance of the ICE BofA Diversified Core U.S. Preferred Securities Index before fees and expenses. It provides broad exposure to U.S. preferred stocks.
Why people hold it
- Charges 0.23% a year, which Global X notes is less than half the average fee among competing preferred funds.globalxetfs.com
- Holds roughly 220 U.S. preferreds tracking the ICE BofA Diversified Core index. Benchmark-like exposure, not a manager's shortlist.globalxetfs.com
- Pays distributions monthly, and has done so every year since its 2017 launch.globalxetfs.com
- A multi-billion-dollar fund that trades actively, so entering and exiting is rarely the hard part.
Worth knowing
- Preferreds come mostly from banks and insurers, and the index has been concentrated in banking, so the ride tracks financial-sector health.assets.globalxetfs.com
- These securities behave more like long bonds than stocks: interest rate moves push prices around, as the fund's risk disclosures describe.assets.globalxetfs.com
- Monthly does not mean fixed. The payout size floats with what the portfolio collects.globalxetfs.com
PFFD Holdings
- Bonds
- 221
- 23%
- BA 6 10/15/27 (BRBLC59)
Sectors
- Utilities84.2%
- Technology9.7%
- Industrials6.1%
Geography
- United States96.97%
- Bermuda2.09%
- Canada0.94%
PFFD Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Sep 22, 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 | PFFD |
|---|---|
| Year to date | −0.6% |
| 1 month | −1.5% |
| 3 months | −2.3% |
| 1 year | −3.0% |
| 3 years | +4.8% |
| 5 years | −1.2% |
| 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 | PFFD |
|---|---|---|
| 2026 YTD | −0.6% | |
| 2025 | +3.2% | |
| 2024 | +7.1% | |
| 2023 | +6.9% | |
| 2022 | −20.2% | |
| 2021 | +5.1% | |
| 2020 | +8.9% |
PFFD in the news
ETF.net Research hasn’t filed on PFFD yet — coverage lands here as it’s written.
PFFD Dividends
- 6.66%
- $1.20
- $0.10 per share
- Monthly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 1, 2026 | Sep 4, 2026 | $0.10 |
| Aug 3, 2026 | Aug 6, 2026 | $0.10 |
| Jul 1, 2026 | Jul 7, 2026 | $0.10 |
| Jun 1, 2026 | Jun 4, 2026 | $0.10 |
| May 1, 2026 | May 6, 2026 | $0.10 |
| Apr 1, 2026 | Apr 7, 2026 | $0.10 |
| Mar 2, 2026 | Mar 5, 2026 | $0.10 |
| Feb 2, 2026 | Feb 5, 2026 | $0.10 |
| Dec 30, 2025 | Jan 7, 2026 | $0.10 |
| Dec 1, 2025 | Dec 8, 2025 | $0.10 |
| Nov 3, 2025 | Nov 10, 2025 | $0.10 |
| Oct 1, 2025 | Oct 8, 2025 | $0.10 |
PFFD Risk
- 9.3%
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.
- 0.07
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.
- −24.4%
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.
- 1.07
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
PFFD Cost
- The middle half of Preferred Securities funds
- Median 0.50%
1 of the 31 Preferred Securities funds charge less.