PFFL vs. VEGA ETF Comparison
Comparison of ETRACS 2xMonthly Pay Leveraged Preferred Stock Index ETN due September 25, 2048 (PFFL) to AdvisorShares STAR Global Buy-Write ETF (VEGA)
PFFL
ETRACS 2xMonthly Pay Leveraged Preferred Stock Index ETN due September 25, 2048
PFFL Description
The investment seeks to provide two times leveraged long exposure to the compounded monthly performance of the Solactive Preferred Stock ETF Index (the “index”). The index is designed to track the price movements of an equally weighted portfolio of two exchange-traded funds (“ETFs”) that hold preferred securities of various issuers. The Securities are two times leveraged with respect to the index and, as a result, will benefit from two times any beneficial, but will be exposed to two times any adverse, compounded monthly performance of the index.
Grade (RS Rating)
Last Trade
$10.06
Average Daily Volume
2,911
2
VEGA
AdvisorShares STAR Global Buy-Write ETF
VEGA Description
The investment seeks consistent repeatable returns across all market cycles. The fund is a "fund of funds" and intends to invest primarily in exchange-traded funds ("ETFs") and exchange-traded notes ("ETNs") that seek to track a diversified basket of global indices and investment sectors that meet certain selection criteria. It also may invest, subject to the same selection criteria, in exchange-traded pooled investment vehicles. The Sub-Advisor seeks to achieve the fund's investment objective by using a proprietary overwrite strategy known as Volatility Enhanced Global Appreciation ("VEGA").Grade (RS Rating)
Last Trade
$43.12
Average Daily Volume
2,875
8
Performance
Period | PFFL | VEGA |
---|---|---|
30 Days | -5.36% | -1.42% |
60 Days | 1.16% | -0.46% |
90 Days | 6.33% | 3.35% |
12 Months | 27.29% | 20.72% |
0 Overlapping Holdings
Symbol | Grade | Weight in PFFL | Weight in VEGA | Overlap |
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PFFL: Top Represented Industries & Keywords
VEGA: Top Represented Industries & Keywords