IPPP vs. PFFD ETF Comparison
Comparison of Preferred-Plus ETF (IPPP) to Global X U.S. Preferred ETF (PFFD)
IPPP
Preferred-Plus ETF
IPPP Description
The investment seeks to provide income. The fund invests at least 80% of its net assets (plus any borrowings made for investment purposes) in a portfolio of preferred securities issued by U.S. and non-U.S. companies. It may invest in preferred securities of all issuer capitalizations. The fund may also invest in publicly-traded partnerships (“PTPs”). The Advisor intends to maintain approximately 10% asset exposure to a credit spread options strategy, although market conditions may dictate additional exposure.
Grade (RS Rating)
Last Trade
$9.92
Average Daily Volume
465
16
PFFD
Global X U.S. Preferred ETF
PFFD Description
The investment seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the ICE BofA Diversified Core U.S. Preferred Securities Index. The fund invests at least 80% of its total assets in the securities of its underlying index. It also invests at least 80% of its total assets in preferred securities that are domiciled in, principally traded in or whose revenues are primarily from the U.S. The underlying index is designed to track the broad-based performance of the U.S. preferred securities market.Grade (RS Rating)
Last Trade
$19.78
Average Daily Volume
573,102
44
Performance
| Period | IPPP | PFFD |
|---|---|---|
| 30 Days | 0.81% | 0.79% |
| 60 Days | 2.19% | 1.33% |
| 90 Days | 2.60% | 0.40% |
| 12 Months | 14.26% | 10.19% |
13 Overlapping Holdings
| Symbol | Grade | Weight in IPPP | Weight in PFFD | Overlap | |
|---|---|---|---|---|---|
| CMSD | B | 0.62% | 0.52% | 0.52% | |
| ESGRP | B | 1.28% | 0.34% | 0.34% | |
| FITBI | A | 0.39% | 0.39% | 0.39% | |
| NRUC | B | 1.05% | 0.22% | 0.22% | |
| PRS | A | 0.6% | 0.47% | 0.47% | |
| RZB | A | 0.61% | 0.34% | 0.34% | |
| SOJD | B | 0.57% | 0.78% | 0.57% | |
| SREA | C | 1.19% | 0.62% | 0.62% | |
| T | B | 0.97% | 1.2% | 0.97% | |
| TBC | B | 0.6% | 0.69% | 0.6% | |
| UNMA | A | 0.65% | 0.26% | 0.26% | |
| UZE | B | 1.28% | 0.35% | 0.35% | |
| WTFCP | A | 1.29% | 0.26% | 0.26% |
IPPP Underweight 31 Positions Relative to PFFD
| Symbol | Grade | Weight | |
|---|---|---|---|
| NEE | D | -1.5% | |
| TBB | B | -1.05% | |
| RZC | B | -0.64% | |
| QRTEP | D | -0.46% | |
| DUKB | A | -0.44% | |
| BPYPM | B | -0.35% | |
| SOJC | B | -0.35% | |
| DTW | B | -0.32% | |
| PFH | B | -0.32% | |
| EAI | B | -0.3% | |
| CTDD | C | -0.25% | |
| ACGLO | B | -0.25% | |
| MGR | B | -0.24% | |
| CMSC | B | -0.23% | |
| EMP | B | -0.21% | |
| ELC | B | -0.21% | |
| OZKAP | D | -0.19% | |
| TVC | B | -0.19% | |
| AIZN | B | -0.18% | |
| SFB | B | -0.17% | |
| SLMBP | B | -0.16% | |
| TVE | B | -0.16% | |
| FCNCO | C | -0.15% | |
| AFGE | B | -0.14% | |
| BPYPN | C | -0.12% | |
| BPYPO | C | -0.11% | |
| ZIONO | B | -0.11% | |
| BPYPP | B | -0.09% | |
| VLYPP | C | -0.08% | |
| VLYPO | C | -0.07% | |
| GPJA | A | -0.02% |
IPPP: Top Represented Industries & Keywords
PFFD: Top Represented Industries & Keywords
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