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ETFs

VanEck Preferred Securities ex Financials ETF

PFXF
$--
Today’s Change
-- (--)

Snapshot
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Inception Date
Jul 16 2012
Expense Ratio
0.40%
Type
Preferred
Fund Owner
Van Eck Associates Corporation
Volume (1m avg. daily)
$4,720,697
AUM
$986,688,000
Associated Index
ICE Exchange-Listed Fixed & Adjustable Rate Non-Financial Preferred Securities Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

PCGU
PG&E Corp. - Units
3.88%
NEEPRQ
NextEra Energy Inc - Unit (Corporate Unit 09/01/2023)
3.38%
NEEPRR
NextEra Energy Inc - Unit ( 6.926% Corporate Units 01/09/2025)
3.18%
MTCN
ArcelorMittal - 5.50% NT CONVERT 18/05/2023 USD 25
2.79%
BDXB
Becton, Dickinson And Co. - 6% PRF CONVERT 01/06/2023 USD 50 - Ser B
2.62%
T/PR/C
AT&T, Inc. - 4.75% PRF PERPETUAL USD 25 - 1/1000th Int Ser C
2.49%
APTV/PR/A
Aptiv PLC - 5.50% PRF CONVERT 15/06/2023 USD 100 - Ser A
2.47%
TBB
AT&T, Inc. - 5.35% NT REDEEM 01/11/2066 USD 25
2.15%
BSX/PR/A
Boston Scientific Corp. - 5.50% PRF CONVERT 01/06/2023 USD 100 - Ser A
2.10%
T/PR/A
AT&T, Inc. - 5% PRF PERPETUAL USD 25 - 1/1000th Int Ser A
1.80%
Invest with PFXF

What is PFXF?

The VanEck Preferred Securities ex Financials ETF (PFXF) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the ICE Exchange-Listed Fixed & Adjustable Rate Non-Financial Preferred Securities Index (PFAN), which is intended to track the overall performance of U.S. exchange-listed hybrid debt, preferred stock and convertible preferred stock issued by non-financial corporations.

ETFs related toPFXF

ETFs correlated to PFXF include PFF, PFFD, PGX

PFXF
VanEck ETF Trust - VanEck Preferred Securities ex Financials ETF
PFF
BlackRock Institutional Trust Company N.A. - iShares Trust iShares Preferred and Income Securities ETF
PFFD
Global X Funds - Global X U.S. Preferred ETF
PGX
Invesco Capital Management LLC - Invesco Preferred ETF
PSK
SPDR Series Trust - SPDR ICE Preferred Securities ETF
PCEF
Invesco Capital Management LLC - Invesco CEF Income Composite ETF
PFFA
ETFis Series Trust I - Virtus InfraCap U.S. Preferred Stock ETF
HNDL
Strategy Shares - Nasdaq 7HANDL Index ETF 1.23x Shares
PGF
Invesco Capital Management LLC - Invesco Financial Preferred ETF
BKMC
BNY Mellon ETF Trust - BNY Mellon US Mid Cap Core Equity ETF
YYY
Amplify ETF Trust - Amplify High Income ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

FAQ

PFXF is a Preferred ETF. The VanEck Preferred Securities ex Financials ETF (PFXF) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the ICE Exchange-Listed Fixed & Adjustable Rate Non-Financial Preferred Securities Index (PFAN), which is intended to track the overall performance of U.S. exchange-listed hybrid debt, preferred stock and convertible preferred stock issued by non-financial corporations.

PFXF tracks the ICE Exchange-Listed Fixed & Adjustable Rate Non-Financial Preferred Securities Index.

PFXF dividend information: Preferred Stock. Dividend payouts may vary in terms of frequency of payouts.

No, PFXF is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, PFXF is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on PFXF is -0.0544%. This is the percent change in the value of PFXF over the most recent 1-month period. The 3-month return on PFXF is 0.0056%. This is the percent change in the value of PFXF over the most recent 3-month period.

The standard deviation of PFXF for the past year is 0.1526%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to PFXF include AOM, AMLP, and AMJ.

ETFs correlated to PFXF include PFF, PFFD, and PGX.

ETFs that are inversely correlated to PFXF include SJB, SRTY, and RWM.

Disclaimers

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We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.