PFFD vs VPFF: Grades, Fees and Holdings Compared

Global X U.S. Preferred ETF

PFFDANYSE Arca

VIRTUS INFRACAP PREFERRED AND INCOME SECURITIES ETF

VPFFFNYSE Arca

Overlap

No data

Expense ratio

PFFD −0.57pt a year

PFFD0.23%VPFF0.80%

Avg volume · 30D

PFFD 1173.2×the volume

PFFD1.06MVPFF903

PFFD vs VPFF Performance

Jul 31, 2026 – Oct 30, 2026

−6.8%PFFD−5.2%VPFF

Expense ratio: PFFD 0.23%, better; VPFF 0.80%
Fund size: PFFD $1.83B; VPFF $1M
1Y total return: PFFD −5.7%; VPFF No data
Yield (12M): PFFD 7.07%; VPFF No data
Holdings: PFFD 238; VPFF 99
Avg volume (30D): PFFD 1.06M sh, better; VPFF 903 sh
NAV per share: PFFD $17.00; VPFF $23.20
52W range

ETF.net Grade

Pillar letters and Scores for PFFD, VPFF, with each pillar’s weight
Pillar	PFFD	VPFF
Cost30% weight	A100Higher	F13
Mission25% weight	A75	Not scored
Risk15% weight	D25	D28Higher
Tradability15% weight	A83Higher	F5
Holdings10% weight	C48Higher	D36
Durability5% weight	A72Higher	F23

Rank among Preferred Securities funds

How we build Categories ›

Same Category. PFFD and VPFF are both graded against the same 31 Preferred Securities funds, so their Grades compare head to head.

Preferred Securities⁠

Category · 31 funds

See all 31 ›

PFFD ranks 1st and VPFF 30th of 31 funds in the Preferred Securities Category.

Rank 1APFFDGlobal X U.S. Preferred ETFScore 73
Rank 2APFFiShares Preferred and Income Securities ETFScore 71
Rank 29CPFFAVirtus InfraCap U.S. Preferred Stock ETFScore 40
Rank 30FVPFFVIRTUS INFRACAP PREFERRED AND INCOME SECURITIES ETFScore 18
Rank 31FFXEDSound Enhanced Fixed Income ETFScore 14

Our read on each fund

ETF.net Research

PFFDAGlobal X U.S. Preferred ETF

VPFFFVIRTUS INFRACAP PREFERRED AND INCOME SECURITIES ETF

In short

PFFD Preferred 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.

VPFF No data

Stated mandate

PFFD 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.

VPFF No data

Why people hold it

PFFD 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.

VPFF No data

Worth knowing

PFFD Preferreds come mostly from banks and insurers, and the index has been concentrated in banking, so the ride tracks financial-sector health.globalxetfs.com
These securities behave more like long bonds than stocks: interest rate moves push prices around, as the fund's risk disclosures describe.globalxetfs.com
Monthly does not mean fixed. The payout size floats with what the portfolio collects.globalxetfs.com

VPFF No data

Full PFFD profile⁠

Full VPFF profile⁠

PFFD vs VPFF Holdings

As of Oct 13, 2026

How PFFD and VPFF differ

No overlap figure

Two bond funds rarely hold the same issues.

Level by level

Sector9 Sectors7.3%
Countryby domicile98.7%
Asset classFixed Income100%

Sector

Sector weights in PFFD and VPFF, widest gap first
Sector	More in PFFDMore in VPFF	PFFD	VPFF
Utilities	PFFD +84.9 points	84.9%	0.0%
Real Estate	VPFF +52.5 points	0.0%	52.5%
Financials	VPFF +19.0 points	0.0%	19.0%
Communication	VPFF +13.0 points	0.0%	13.0%
Technology	PFFD +7.8 points	9.8%	2.0%
Industrials	VPFF +3.4 points	5.3%	8.7%
Consumer Discretionary	VPFF +1.9 points	0.0%	1.9%
Energy	VPFF +1.8 points	0.0%	1.8%
Health Care	VPFF +1.1 points	0.0%	1.1%

Country, concentration and asset class

Country by domicile

Country weights in PFFD and VPFF, widest gap first
Country	More in PFFDMore in VPFF	PFFD	VPFF
Bermuda	VPFF +1.3 points	2.1%	3.4%
Canada	PFFD +1.0 points	1.0%	0.0%
United States	PFFD +0.3 points	96.9%	96.6%

Concentration

Weight in the 10 largest Holdings

PFFD25.1%
VPFF20.5%

Securities held

PFFD238
VPFF98

Asset class

PFFD: Fixed Income
VPFF: Fixed Income

Holdings

Two bond funds rarely hold the same issues, so this page lists no shared Holdings. PFFD holds 238 securities, VPFF 98.

All 237 PFFD holdings⁠All 99 VPFF holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

PFFD vs VPFF Cost

Overpaying VPFF vs PFFD

$10,587

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

PFFD 0.23%
$4,759
VPFF 0.80%
$15,346

Amount$10,000

Years30 years

Cost over time

PFFD 0.23%
VPFF 0.80%
Overpaying

Year by year

Year	PFFD	VPFF	Overpaying
10	$419	$1,422	$1,003
20	$1,630	$5,393	$3,763
30	$4,759	$15,346	$10,587

Expense ratio

0.23%PFFD, cheaper
0.80%VPFF

PFFD0.23%VPFF0.80%

0.23%2.11%

Middle half of Preferred Securities funds
Median 0.50%

PFFD cheapest of 31 funds

VPFF 27th cheapest of 31 funds

PFFD vs VPFF Dividends

Last 12 months to Oct 30, 2026

Yield (12M): PFFD 7.07%; VPFF No data
Payout (12M): PFFD $1.20; VPFF No data
Last payment: PFFD $0.10; VPFF $0.17
Ex-dividend: PFFD Oct 1, 2026; VPFF Oct 20, 2026
Paid on: PFFD Oct 6, 2026; VPFF Oct 27, 2026
Frequency: PFFD Monthly; VPFF Monthly

Distribution history

Per share, 2023 to 2026, same scale for both

PFFDMonthly · 45 paymentsAll PFFD payments⁠

VPFFMonthly · 3 paymentsAll VPFF payments⁠

PFFD vs VPFF Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: PFFD 9.1%VPFF No data
Return per unit of riskSharpe ratio, 3 years: PFFD 0.10VPFF No data
Worst fallMax drawdown, 5 years: PFFD −24.4%VPFF No data
Market sensitivityBeta, 5 years: PFFD 1.07VPFF 0.00; Market = 1

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