PIMCO Preferred and Capital Securities Active Exchange-Traded Fund
Snapshot*
Top 10 Holdings
What is PRFD?
Preferred and Capital Securities Active ETF seeks total return, consistent with prudent investment management, with a secondary objective of income generation. The Fund seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of its assets in a diversified portfolio of preferred securities and "Capital Securities." "Capital Securities" include securities issued by U.S. and non-U.S. financial institutions (including, but not limited to, banks and insurance companies) that can be used to satisfy their regulatory capital requirements. Preferred securities and "Capital Securities" may be represented by forwards or derivatives such as options, futures contracts, or swap agreements. The "total return" sought by the Fund consists of income earned on the Fund's investments, plus capital appreciation, if any, which generally arises from decreases in interest rates, foreign currency appreciation, or improving credit fundamentals for a particular market sector or security.
PRFDPerformance Measures**
for the time period Jan 19, 2023 to Aug 5, 2026
1M Trailing Return: -0.5%
The percent change in the value over the most recent 1-month period.
3M Trailing Return: 0.7%
The percent change in the value over the most recent 3-month period.
Max Drawdown: -11.9%
The greatest percent loss from peak to trough in value over the time period.
Standard Deviation: 4.8%
The typical amount that daily returns vary from the mean of the returns over the time period, standardized to a period of a year.
Sharpe Ratio: 1.28
The annualized arithmetic mean of the daily returns divided by the annualized standard deviation of the daily returns for the selected time period.
Calmar Ratio: 0.52
The annualized return divided by the max drawdown for the selected time period.
ETFs related toPRFD
ETFs correlated to PRFD include FPE, FPEI, VRP
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
Disclaimers
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.