VanEck Preferred Securities ex Financials ETF
$16.45−0.12 (−0.70%)
- 0.40%
- $2.21B
- +0.1%
- 6.37%
- 761K sh
- low $16.57high $19.07
The ETF.net PFXF Grade
B
Score 63 out of 100
- 8 of 31
Score 63 of 100 falls in the B 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.A90 out of 100Rank 3 of 31Mission
Whether the fund did what it promised, tested against its stated mandate.B58 out of 100Rank 15 of 26Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.D32 out of 100Rank 22 of 31Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.A77 out of 100Rank 6 of 31Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.F18 out of 100Rank 29 of 29Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A85 out of 100Rank 5 of 31
Our read on PFXF
In short
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.
Stated mandate
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
Worth knowing
PFXF Holdings
- Other
- 118
- 46%
- STRC
Sectors
- Technology26.2%
- Communication22.3%
- Utilities18.8%
- Real Estate16.7%
- Health Care4.4%
- Consumer Staples3.5%
- Consumer Discretionary2.6%
- Financials2.2%
- Energy2.1%
- Industrials1.3%
Geography
- United States97.99%
- Canada1.32%
- Bermuda0.69%
PFXF Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
PFXF$10,009
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 | PFXF |
|---|---|
| Year to date | −1.9% |
| 1 month | −4.6% |
| 3 months | −4.1% |
| 1 year | +0.1% |
| 3 years | +9.0% |
| 5 years | +1.5% |
| 10 years | +4.3% |
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 | −1.9% | |
| 2025 | +9.6% | |
| 2024 | +8.4% | |
| 2023 | +11.2% | |
| 2022 | −18.8% | |
| 2021 | +11.6% | |
| 2020 | +7.6% |
PFXF in the news
PFXF Dividends
- 6.37%
- $1.06
- $0.06 per share
- Monthly
PFXF Risk
- 9.9%
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.
- 0.48
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.
FMP measures it over up to five years of monthly returns.
PFXF Cost
Overpaying vs PFFD, cheapest in Preferred Securities
$3,331
On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.
PFXF 0.40%
$8,090
PFFD 0.23% Cheapest
$4,759
Cost over time
Year by year
| Year | PFXF | PFFD | Overpaying |
|---|---|---|---|
| 10 | $723 | $419 | $304 |
| 20 | $2,793 | $1,630 | $1,163 |
| 30 | $8,090 | $4,759 | $3,331 |
Other funds in Preferred Securities
- BPSKState Street SPDR ICE Preferred Securities ETFExpense ratio 0.45%1 year return −8.8%
- BPGXInvesco Preferred ETFExpense ratio 0.50%1 year return −8.4%
- BJHPIJohn Hancock Preferred Income ETFExpense ratio 0.54%1 year return −0.5%
- BFPEFirst Trust Preferred Securities and Income ETFExpense ratio 0.83%1 year return −1.9%
- BGPRFGoldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETFExpense ratio 0.45%1 year return −1.3%
