PFFD vs. IPPP ETF Comparison

Comparison of Global X U.S. Preferred ETF (PFFD) to Preferred-Plus ETF (IPPP)

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

$20.36

Average Daily Volume

598,154

Number of Holdings ^*

34

* may have additional holdings in another (foreign) market

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

$10.31

Average Daily Volume

1,187

Number of Holdings ^*

12

* may have additional holdings in another (foreign) market

Performance

Period	PFFD	IPPP
30 Days	-2.09%	-1.28%
60 Days	1.47%	2.09%
90 Days	3.78%	5.20%
12 Months	16.28%	20.75%

10 Overlapping Holdings

	Symbol	Grade	Weight in PFFD	Weight in IPPP	Overlap
	AQNB	A	0.28%	1.27%	0.28%
	CMSD	C	0.52%	0.6%	0.52%
	NRUC	C	0.21%	1.0%	0.21%
	PRS	C	0.46%	0.58%	0.46%
	RZB	C	0.32%	0.57%	0.32%
	SOJD	D	0.74%	0.54%	0.54%
	SREA	A	0.62%	1.21%	0.62%
	T	A	1.16%	0.95%	0.95%
	TBC	D	0.65%	0.59%	0.59%
	UZE	B	0.37%	1.33%	0.37%

PFFD Overweight 24 Positions Relative to IPPP

	Symbol	Grade	Weight
	TBB	C	1.02%
	RZC	A	0.61%
	DUKB	C	0.41%
	BPYPM	B	0.4%
	QRTEP	F	0.39%
	FITBI	A	0.37%
	CTDD	C	0.36%
	SOJC	D	0.35%
	PFH	D	0.33%
	DTW	D	0.31%
	ESGRP	B	0.27%
	ACGLO	C	0.24%
	UNMA	D	0.24%
	CMSC	C	0.23%
	MGR	C	0.23%
	OZKAP	C	0.22%
	GPJA	D	0.21%
	AIZN	C	0.19%
	TVC	C	0.19%
	SFB	D	0.17%
	FCNCO	C	0.15%
	BPYPO	B	0.14%
	ZIONO	A	0.11%
	BPYPP	C	0.1%

PFFD Underweight 2 Positions Relative to IPPP

	Symbol	Grade	Weight
	AGNC	D	-1.39%
	WTFCP	A	-1.25%

PFFD: Top Represented Industries & Keywords

Industries: Other Banks - Regional Insurance - Diversified Real Estate Services Banks - Regional - US Electric Utilities Insurance Internet Retail Telecom Services

Keywords: Electricity Bank Insurance Natural Gas Broadband Brookfield Property Partners Internet Access Voice Services Wireless Data Advisory Services Banking Brookfield Asset Management Brookfield Infrastructure Partners Capital Markets Services Communications Services Core Office Corporate Trust Services Critical Illness Deposit Products Disability

IPPP: Top Represented Industries & Keywords

Industries: Other Banks - Regional REIT - Residential Telecom Services

Keywords: Electricity Mortgage Backed Security Natural Gas Natural Gas Distribution American Capital Asset Management Bank Banking Batteries Battery Charger Bond Insurance Broadband Commercial Banking Communication Services Critical Illness Customer Premises Equipment Data Communication Services Dial Up Internet Access Digital Subscriber Line Disability