---
ticker: "PFFV"
name: "Global X - Variable Rate Preferred ETF"
url: "https://etf.net/etf/PFFV"
grade: "B"
score: 69
graded_at: "2026-10-12"
category: "Preferred Securities"
category_rank: "3 of 31"
methodology: "https://etf.net/methodology"
---

# PFFV: Global X - Variable Rate Preferred ETF

Grade **B**, Score 69 of 100. Rank 3 of 31 in Preferred Securities.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 93 | 3 of 31 |
| Mission | 61 | 14 of 26 |
| Risk | 63 | 11 of 31 |
| Tradability | 69 | 11 of 31 |
| Holdings | 35 | 26 of 29 |
| Durability | 63 | 13 of 31 |

## Top holdings

The fund holds 58 positions. These are the largest 30, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | — | Ms 4.71453 Perp (B1802M4) | 4.39% |
| 2 | — | Rga 7 1/8 10/15/52 (BMG9SY4) | 3.68% |
| 3 | — | Apo 7 5/8 09/15/53 (BQC5ZW1) | 3.21% |
| 4 | — | Key 6.2 Perp (BPLPQT9) | 3.14% |
| 5 | — | Jxn 8 Perp (BMW6VL7) | 2.94% |
| 6 | — | Nly 9.29117 Perp (BD0B1Y4) | 2.86% |
| 7 | — | Usb 4.61453 Perp (B125QN4) | 2.79% |
| 8 | — | All 7.46317 01/15/53 (B87XV26) | 2.68% |
| 9 | — | Met 5.15616 Perp (B0B87W3) | 2.68% |
| 10 | — | Syf 8 1/4 Perp (BSNWT01) | 2.65% |
| 11 | — | Gs 4.68873 Perp (B15CKS5) | 2.63% |
| 12 | — | Bny 6.15 Perp (BTJTLY1) | 2.54% |
| 13 | — | Fitb 7.67122 Perp (BH58353) | 2.37% |
| 14 | — | Chsinc 6 3/4 Perp (BQS2V39) | 2.34% |
| 15 | — | Bac 6.45 12/15/66 (BF2PL60) | 2.29% |
| 16 | — | Wtfc 7 7/8 Perp (BVK4BN8) | 2.28% |
| 17 | — | Rf 6.95 Perp (BNM9HL5) | 2.24% |
| 18 | — | Rf 5.7 Perp (BJMXZX7) | 2.21% |
| 19 | — | Fitb 6 7/8 Perp (BW9KZK9) | 2.09% |
| 20 | — | Chsinc 7.1 Perp (BKJ9QV0) | 2.08% |
| 21 | — | Cfg 6 1/2 Perp (BRT81P5) | 2.01% |
| 22 | — | Ath 6.35 Perp (BPSKDY1) | 1.96% |
| 23 | — | Fcnca 6 5/8 Perp (BVYDB19) | 1.94% |
| 24 | — | Aqncn 8.86372 07/01/2079 (BFYWGC0) | 1.89% |
| 25 | — | Pnfp 8.397 Perp (BV6GQY4) | 1.88% |
| 26 | — | Ritm 9.26717 Perp (BLCF612) | 1.72% |
| 27 | — | Hban 6 7/8 Perp (BQMS207) | 1.67% |
| 28 | — | Nly 8.47017 Perp (BF4M2M2) | 1.67% |
| 29 | — | Agnc 8.71153 Perp (BK8ZYQ0) | 1.65% |
| 30 | — | Usb 5.03452 Perp (B617Z40) | 1.64% |

Source: etf.net, https://etf.net/etf/PFFV. Please cite the page URL.