IPPP vs. PFXF ETF Comparison
Comparison of Preferred-Plus ETF (IPPP) to Market Vectors Preferred Securities ex Financials ETF (PFXF)
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
$10.32
Average Daily Volume
1,224
12
PFXF
Market Vectors Preferred Securities ex Financials ETF
PFXF Description
The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Wells Fargo® Hybrid and Preferred Securities ex Financials Index (the "Preferred Securities Index"). The fund normally invests at least 80% of its total assets in securities that comprise the fund's benchmark index. The Preferred Securities Index is comprised of convertible or exchangeable and non-convertible preferred securities listed on U.S. exchanges. The fund is non-diversified.Grade (RS Rating)
Last Trade
$17.99
Average Daily Volume
501,356
28
Performance
| Period | IPPP | PFXF |
|---|---|---|
| 30 Days | -1.46% | -1.34% |
| 60 Days | -1.73% | -0.95% |
| 90 Days | 2.30% | 3.06% |
| 12 Months | 17.85% | 13.72% |
IPPP Underweight 20 Positions Relative to PFXF
IPPP: Top Represented Industries & Keywords
PFXF: Top Represented Industries & Keywords
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