VanEck Preferred Securities ex Financials ETF
$17.75−0.13 (−0.70%)
- Expense ratio
- 0.40%
- Fund size
- $2.4B
- 1Y return
- +6.0%
- Yield · Last 12 months
- 6.17%
- Holdings
- 116
- Volume · 30D
- 0.7M sh
- NAV per share
- $17.87
- 52W range
The ETF.net PFXF Grade
Score 66 of 100 sits in the B 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 88Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.BScore 64Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.DScore 32Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.AScore 88Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.FScore 19Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.AScore 85Category rank
Our read on PFXF
BMost preferred funds are a bank bet in disguise, since financials dominate the preferred market. PFXF screens them out and tracks a non-financial preferred index instead, a niche it has held since 2012.
The Fund seeks to track, before fees and expenses, the price and yield performance of its named ICE preferred-securities index.
Why people hold it
- The whole idea in one line: no bank or insurer preferreds. The index keeps utilities, REITs and industrial issuers instead.vaneck.com
- Costs 0.40% a year, under the median for its index-tracking peer group, and distributions come monthly.
- Trading since 2012, over a billion dollars in assets and actively traded. A settled option, not a fresh launch chasing a theme.
- Straightforward plumbing: passive index tracking, roughly 120 preferreds, at least 80% of assets in benchmark securities. Upper half of its index-wrapper peer group.
Worth knowing
- Cutting financials shifts the concentration rather than removing it: utilities, REITs and industrial issuers carry the weight.vaneck.com
- 0.40% is normal for preferreds, steep beside plain stock index wrappers like SCHK (0.03%) or VOOV (0.07%).
- Preferreds are rate-sensitive and sit below bonds in the capital stack, and VanEck discloses that payouts can include return of capital.
PFXF Holdings
- Other
- 116
- 47%
- STRC
Sectors
- Technology40.5%
- Utilities18.0%
- Real Estate17.1%
- Communication8.9%
- Health Care4.1%
- Cons. Staples3.4%
- Financials3.0%
- Consumer Discr.2.6%
- Industrials1.4%
- Energy1.0%
Geography
- United States98.01%
- Canada1.31%
- Bermuda0.68%
PFXF 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 | PFXF |
|---|---|
| Year to date | +4.8% |
| 1 month | −0.2% |
| 3 months | −0.7% |
| 1 year | +6.0% |
| 3 years | +9.3% |
| 5 years | +3.1% |
| 10 years | +4.8% |
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 | PFXF |
|---|---|---|
| 2026 YTD | +4.8% | |
| 2025 | +9.6% | |
| 2024 | +8.4% | |
| 2023 | +11.2% | |
| 2022 | −18.8% | |
| 2021 | +11.6% | |
| 2020 | +7.6% |
PFXF in the news
ETF.net Research hasn’t filed on PFXF yet — coverage lands here as it’s written.
PFXF Dividends
- 6.17%
- $1.10
- $0.06 per share
- Monthly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 1, 2026 | Sep 4, 2026 | $0.06 |
| Aug 3, 2026 | Aug 6, 2026 | $0.09 |
| Jul 1, 2026 | Jul 7, 2026 | $0.11 |
| Jun 1, 2026 | Jun 4, 2026 | $0.06 |
| May 1, 2026 | May 6, 2026 | $0.10 |
| Apr 1, 2026 | Apr 7, 2026 | $0.08 |
| Mar 2, 2026 | Mar 5, 2026 | $0.10 |
| Feb 2, 2026 | Feb 5, 2026 | $0.05 |
| Dec 29, 2025 | Dec 31, 2025 | $0.18 |
| Nov 28, 2025 | Dec 3, 2025 | $0.09 |
| Nov 3, 2025 | Nov 6, 2025 | $0.08 |
| Oct 1, 2025 | Oct 6, 2025 | $0.11 |
PFXF Risk
- 10.1%
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.
- 0.38
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.
- −21.8%
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.
- 0.97
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
PFXF Cost
- The middle half of Preferred Securities funds
- Median 0.50%
3 of the 31 Preferred Securities funds charge less.