ETF comparison

PFFDvsVRP

Both Preferred Securities.

Global X U.S. Preferred ETF · Invesco Variable Rate Preferred ETF

Holdings overlap

Weighted by ISIN/CUSIP
7.6%

40 positions appear in both funds. Buying equal dollars of PFFD and VRP would leave roughly7.6%of each dollar exposed to the same underlying securities.

PFFD only 92.3%Shared 7.6%VRP only 90.3%
In PFFD only
185 positions
Shared
40 positions
In VRP only
304 positions

Side by side

PFFD

Global X U.S. Preferred ETF

Global X · Preferred Securities

73composite / 100
Expense ratio
0.23%
Net assets
$2.15B
TTM yield
6.66%
Top-10 conc.
21.2%
VRP

Invesco Variable Rate Preferred ETF

Invesco · Preferred Securities

66composite / 100
Expense ratio
0.50%
Net assets
$3.02B
TTM yield
6.13%
Top-10 conc.
13.6%

Sub-score comparison

77
Cost
50
60
Tax efficiency
61
71
Liquidity
77
84
Concentration
95
Tracking quality
PFFDsub-scoreVRP

Tracking quality isn't part of the composite — seewhat we don't scorefor why.

Cost difference

PFFD is 27 bps cheaper than VRP. On a $100,000 position that's about $270/yr more in fees for VRP.

Fee figure is the annual expense charged on $100,000. To see how the gap compounds over a multi-decade holding period, open thecost calculator pre-filled with PFFD vs VRP.

Top shared holdings

40 shared in total
#HoldingIn PFFDIn VRPOverlap
1CITIGROUP CAPITAL XIII2.20%0.92%0.92%
2BANK OF AMERICA CORPORATION0.39%0.39%0.39%
3THE GOLDMAN SACHS GROUP, INC.0.87%0.38%0.38%
4MORGAN STANLEY0.48%0.32%0.32%
5ATHENE HOLDING LTD.0.70%0.31%0.31%
6U.S. BANCORP0.62%0.28%0.28%
7REINSURANCE GROUP OF AMERICA, INCORPORATED0.58%0.26%0.26%
8APOLLO GLOBAL MANAGEMENT, INC.0.51%0.23%0.23%
9KEYCORP0.50%0.22%0.22%
10THE GOLDMAN SACHS GROUP, INC.0.48%0.21%0.21%
11ATHENE HOLDING LTD.0.47%0.21%0.21%
12JACKSON FINANCIAL INC.0.47%0.21%0.21%

Only in PFFD

185 total
  • THE BOEING COMPANY4.70%
  • HEWLETT PACKARD ENTERPRISE COMPANY2.71%
  • WELLS FARGO & COMPANY2.25%
  • MICROCHIP TECHNOLOGY INCORPORATED1.76%
  • NEXTERA ENERGY, INC.1.71%
  • KKR & CO. INC.1.70%
  • THE SOUTHERN COMPANY1.64%
  • BANK OF AMERICA CORPORATION1.30%
  • NEXTERA ENERGY, INC.1.20%
  • AT&T INC.1.07%

Only in VRP

304 total
  • Bank of America Corp.1.12%
  • JPMorgan Chase & Co.1.10%
  • Citigroup Inc.0.99%
  • JPMorgan Chase & Co.0.94%
  • Citigroup Inc.0.91%
  • Bank of America Corp.0.91%
  • BP Capital Markets PLC0.89%
  • Goldman Sachs Group, Inc. (The)0.85%
  • CVS Health Corp.0.84%
  • Bank of America Corp.0.83%

Open PFFD or VRP at a brokerage

Both funds trade commission-free at major US brokerages.

Affiliate links — opening an account through these earns PlainIndex a one-time referral. Scoring is computed before any affiliate consideration; see our methodologyand funding disclosure.

Holdings overlap is the sum of min(weight_a, weight_b) over positions matched on ISIN (CUSIP fallback). Methodology: see/methodology/.

Comparing two funds doesn't endorse swapping one for the other. Tax-lot history, account type, and personal goals matter — PlainIndex publishes data and methodology, not investment advice.