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Global X SuperIncome Preferred ETF

SPFF
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Jul 16 2012
Expense Ratio
0.48%
Type
Preferred
Fund Owner
Global X
Volume (1m avg. daily)
$582,743
AUM
$180,308,347
Associated Index
Global X U.S. High Yield Preferred Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus

Top 10 Holdings

WFC/PR/L
Wells Fargo & Co. - 7.50% PRF PERPETUAL USD 1000 - Cls A Ser L
8.28%
BAC/PR/L
Bank Of America Corp. - 7.25% PRF PERPETUAL USD 1000 - Ser L
6.51%
T/PR/C
AT&T, Inc. - 4.75% PRF PERPETUAL USD 25 - 1/1000th Int Ser C
4.02%
JPM/PR/K
JPMorgan Chase & Co. - 4.55% PRF PERPETUAL USD 25 - Ser JJ 1/400 int
3.54%
COF/PR/I
Capital One Financial Corp. - 5% PRF PERPETUAL USD 25 - Dp Sh Rp 1/40th Sr I
3.45%
MS/PR/P
Morgan Stanley - 6.50% PRF PERPETUAL USD 25 - Ser P
3.13%
DUK/PR/A
Duke Energy Corp. - 5.75% PRF PERPETUAL USD 25 - Ser A 1/1000th Int
3.01%
T/PR/A
AT&T, Inc. - 5% PRF PERPETUAL USD 25 - 1/1000th Int Ser A
2.87%
ALL/PR/H
Allstate Corp (The) - 5.10% PRF PERPETUAL USD 25 - Ser H, 1/1000th Int
2.83%
COF/PR/J
Capital One Financial Corp. - 4.80% PRF PERPETUAL USD 25 - 1/40th INT Ser J
2.73%
Invest with SPFF

What is SPFF?

The Global X SuperIncome Preferred ETF (SPFF) seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Global X U.S. High Yield Preferred Index. It invests in 50 of the highest yielding preferred stocks in the United States.

ETFs related toSPFF

ETFs correlated to SPFF include PFF, PSK, PFFD

SPFF
Global X Funds - Global X SuperIncome Preferred ETF
PFF
BlackRock Institutional Trust Company N.A. - iShares Trust iShares Preferred and Income Securities ETF
PSK
SPDR Series Trust - SPDR ICE Preferred Securities ETF
PFFD
Global X Funds - Global X U.S. Preferred ETF
PGF
Invesco Capital Management LLC - Invesco Financial Preferred ETF
PGX
Invesco Capital Management LLC - Invesco Preferred ETF
PFXF
VanEck ETF Trust - VanEck Preferred Securities ex Financials ETF
XAUG
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Enhance & Moderate Buffer ETF - August
FPE
First Trust Exchange-Traded Fund III - First Trust Preferred Securities and Income ETF
PFFA
ETFis Series Trust I - Virtus InfraCap U.S. Preferred Stock ETF
LGRO
Advisors Series Trust - Level Four Large Cap Growth Active 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

SPFF is a Preferred ETF. The Global X SuperIncome Preferred ETF (SPFF) seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Global X U.S. High Yield Preferred Index. It invests in 50 of the highest yielding preferred stocks in the United States.

SPFF tracks the Global X U.S. High Yield Preferred Index.

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

No, SPFF 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, SPFF 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 SPFF is 0.0123%. This is the percent change in the value of SPFF over the most recent 1-month period. The 3-month return on SPFF is -0.0041%. This is the percent change in the value of SPFF over the most recent 3-month period.

The standard deviation of SPFF for the past year is 0.1504%. 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 SPFF include QAI, PCEF, and MLPA.

ETFs correlated to SPFF include PFF, PSK, and PFFD.

ETFs that are inversely correlated to SPFF include BNKD, FAZ, and RWM.

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.