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ETF comparison

PFXF vs VRP

Both Preferred Securities.

VanEck Preferred Securities ex Financials ETF · Invesco Variable Rate Preferred ETF

Holdings overlap

Weighted by ISIN/CUSIP
2.8 %

20 positions appear in both funds. Buying equal dollars of PFXF and VRP would leave roughly 2.8% of each dollar exposed to the same underlying securities.

PFXF only 99.0% Shared 2.8% VRP only 95.2%
In PFXF only
94 positions
Shared
20 positions
In VRP only
311 positions

Side by side

PFXF

VanEck Preferred Securities ex Financials ETF

VanEck · Preferred Securities

63 composite / 100
Expense ratio
0.40%
Net assets
$2.63B
TTM yield
6.49%
Top-10 conc.
40.1%
VRP

Invesco Variable Rate Preferred ETF

Invesco · Preferred Securities

65 composite / 100
Expense ratio
0.50%
Net assets
$2.98B
TTM yield
6.21%
Top-10 conc.
17.0%

Sub-score comparison

60
Cost
50
60
Tax efficiency
61
75
Liquidity
77
57
Concentration
90
—
Tracking quality
—
PFXF sub-score VRP

Tracking quality isn't part of the composite — see what we don't score for why.

Cost difference

PFXF is 10 bps cheaper than VRP. On a $100,000 position that's about $100/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 PFXF vs VRP.

Top shared holdings

20 shared in total
# Holding In PFXF In VRP Overlap
1 ANNALY CAPITAL MGMT 1.01% 0.28% 0.28%
2 AGNC INVESTMENT CORP 0.78% 0.21% 0.21%
3 CHS Inc 0.67% 0.18% 0.18%
4 RITHM CAPITAL CORP 0.63% 0.17% 0.17%
5 ANNALY CAPITAL MGMT 0.61% 0.17% 0.17%
6 ANNALY CAPITAL MGMT 0.58% 0.16% 0.16%
7 CHS Inc 0.58% 0.16% 0.16%
8 AGNC INVESTMENT CORP 0.56% 0.15% 0.15%
9 RITHM CAPITAL CORP 0.50% 0.14% 0.14%
10 ALGONQUIN PWR & UTILITY 0.51% 0.13% 0.13%
11 AGNC Investment Corp 0.46% 0.12% 0.12%
12 NGL Energy Partners LP 0.43% 0.11% 0.11%

Only in PFXF

94 total
  • BOEING CO/THE 9.11%
  • ORACLE CORP 6.28%
  • ALBEMARLE CORP 4.62%
  • STRATEGY INC 3.92%
  • NEXTERA ENERGY INC 3.13%
  • SOUTHERN CO 2.87%
  • State Street Global Advisors 2.87%
  • HP ENTERPRISE CO 2.70%
  • MICROCHIP TECHNOLOGY INC 2.36%
  • NEXTERA ENERGY INC 2.20%

Only in VRP

311 total
  • Wells Fargo & Co. 1.30%
  • Bank of America Corp. 1.16%
  • JPMorgan Chase & Co. 1.16%
  • Citigroup Inc. 1.02%
  • Citigroup Capital XIII 0.99%
  • JPMorgan Chase & Co. 0.98%
  • Citigroup Inc. 0.96%
  • Bank of America Corp. 0.95%
  • BP Capital Markets PLC 0.93%
  • Goldman Sachs Group, Inc. (The) 0.89%

Open PFXF 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.