Skip to main content
PlainIndex
Menu

ETF comparison

PFFD vs VRP

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 roughly 7.6% of each dollar exposed to the same underlying securities.

PFFD unmatched 92.3% Shared 7.6% VRP unmatched 90.3%

Unmatched is the part of a fund's weight the other fund doesn't match: names only it holds, plus any extra weight it puts in names both funds hold.

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

73 composite / 100
Expense ratio
0.23%
Net assets
$2.11B
TTM yield
6.99%
Top-10 conc.
21.2%
VRP

Invesco Variable Rate Preferred ETF

Invesco · Preferred Securities

67 composite / 100
Expense ratio
0.50%
Net assets
$3.00B
TTM yield
5.94%
Top-10 conc.
9.5%

Sub-score comparison

77
Cost
50
59
Tax efficiency
61
71
Liquidity
77
84
Concentration
100
—
Tracking quality
—
PFFD sub-score VRP

Tracking quality isn't part of the composite — see what we don't score for 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 the cost calculator pre-filled with PFFD vs VRP.

Top shared holdings

40 shared in total
# Holding In PFFD In VRP Overlap
1 CITIGROUP CAPITAL XIII 2.20% 0.92% 0.92%
2 BANK OF AMERICA CORPORATION 0.39% 0.39% 0.39%
3 THE GOLDMAN SACHS GROUP, INC. 0.87% 0.38% 0.38%
4 MORGAN STANLEY 0.48% 0.32% 0.32%
5 ATHENE HOLDING LTD. 0.70% 0.31% 0.31%
6 U.S. BANCORP 0.62% 0.28% 0.28%
7 REINSURANCE GROUP OF AMERICA, INCORPORATED 0.58% 0.26% 0.26%
8 APOLLO GLOBAL MANAGEMENT, INC. 0.51% 0.23% 0.23%
9 KEYCORP 0.50% 0.22% 0.22%
10 THE GOLDMAN SACHS GROUP, INC. 0.48% 0.21% 0.21%
11 ATHENE HOLDING LTD. 0.47% 0.21% 0.21%
12 JACKSON FINANCIAL INC. 0.47% 0.21% 0.21%

Only in PFFD

185 total
  • THE BOEING COMPANY 4.70%
  • HEWLETT PACKARD ENTERPRISE COMPANY 2.71%
  • WELLS FARGO & COMPANY 2.25%
  • MICROCHIP TECHNOLOGY INCORPORATED 1.76%
  • NEXTERA ENERGY, INC. 1.71%
  • KKR & CO. INC. 1.70%
  • THE SOUTHERN COMPANY 1.64%
  • BANK OF AMERICA CORPORATION 1.30%
  • 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 PLC 0.89%
  • Goldman Sachs Group, Inc. (The) 0.85%
  • CVS Health Corp. 0.84%
  • Bank of America Corp. 0.83%

Related comparisons

More comparisons with PFFD

More comparisons with VRP

Percentages are holdings overlap with the named fund.

Open PFFD or VRP at a brokerage

Both funds trade commission-free at major US brokerages.

Open at Fidelity

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