iShares U.S. Preferred Stock ETF (PFF)
Description
The investment seeks to track the performance of the ICE Exchange-Listed Preferred & Hybrid Securities Index. The PFF ETF contains 201 constituents. It is focused on blend holdings in the region.
Price $30.13 as of 2022-10-20Cost/Risk/Yield
| Dividend yield | 5.45% |
| Expense ratio | 0.46% |
| Average spread | 0.033% |
| 1Y roundtrip cost | 0.493% |
Historic prices
Total Returns (including dividends)
Monthly returns heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2022 | -4.5% | -3.0% | 0.4% | -6.4% | 2.7% | -5.0% | 6.2% | -3.8% | -4.4% | -4.4% | -22.3% | ||
| 2021 | -1.7% | -0.9% | 3.2% | 1.2% | 0.8% | 1.7% | 0.6% | 0.3% | -1.1% | 1.8% | -2.1% | 3.3% | 7.1% |
| 2020 | 1.5% | -4.9% | -11.9% | 9.4% | 1.9% | -0.9% | 5.0% | 1.9% | -0.2% | -0.2% | 4.6% | 2.6% | 8.8% |
| 2019 | 5.6% | 0.6% | 1.5% | 0.7% | 0.3% | 1.3% | 1.8% | 0.6% | 0.8% | 0.4% | -0.4% | 1.9% | 15.0% |
| 2018 | -1.2% | 0.3% | 0.5% | -0.7% | 0.8% | 1.8% | 0.2% | 1.4% | -1.7% | -2.2% | -2.2% | -1.5% | -4.6% |
| 2017 | 2.4% | 2.1% | 0.5% | 1.3% | 0.6% | 0.8% | 0.7% | -0.1% | -0.2% | -0.4% | 0.7% | -0.5% | 7.9% |
| 2016 | -1.0% | 0.1% | 2.4% | 0.9% | 1.5% | 1.2% | 1.4% | 0.0% | -1.1% | -1.0% | -3.3% | 0.3% | 1.4% |
| 2015 | 1.3% | 1.0% | 0.3% | 0.0% | -0.0% | -1.0% | 1.4% | -0.8% | -0.7% | 2.2% | 0.7% | -0.1% | 4.2% |
| 2014 | 3.0% | 2.3% | 1.7% | 1.8% | 1.2% | 0.6% | -0.5% | 1.8% | -0.8% | 1.1% | 1.2% | -0.1% | 13.3% |
| 2013 | 1.3% | 0.5% | 1.1% | 1.1% | -0.7% | -2.2% | -0.5% | -2.2% | 0.7% | 0.9% | 0.3% | -1.3% | -0.9% |
| 2012 | 7.1% | 3.0% | 0.2% | 0.2% | -1.2% | 2.4% | 1.5% | 1.5% | 0.7% | 1.0% | -0.3% | 0.4% | 16.5% |
| 2011 | 0.7% | 1.6% | 1.0% | 1.6% | 0.6% | -0.5% | -1.9% | -1.9% | -5.2% | 5.4% | -3.1% | 0.1% | -1.6% |
| 14.6% | 2.7% | 0.9% | 11.0% | 8.6% | 0.1% | 15.7% | -1.1% | -13.3% | 4.7% | -4.1% | 5.1% |
Historical Dividends
Monthly dividend heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2022 | 0.11 | 0.12 | 0.14 | 0.12 | 0.15 | 0.13 | 0.16 | 0.15 | 0.17 | 1.26 | |||
| 2021 | 0.15 | 0.15 | 0.15 | 0.16 | 0.16 | 0.15 | 0.15 | 0.15 | 0.15 | 0.14 | 0.12 | 1.63 | |
| 2020 | 0.16 | 0.17 | 0.17 | 0.17 | 0.17 | 0.16 | 0.16 | 0.16 | 0.15 | 0.15 | 1.62 | ||
| 2019 | 0.17 | 0.18 | 0.18 | 0.17 | 0.17 | 0.16 | 0.17 | 0.16 | 0.16 | 0.17 | 0.16 | 1.84 | |
| 2018 | 0.19 | 0.17 | 0.17 | 0.18 | 0.19 | 0.19 | 0.18 | 0.16 | 0.16 | 0.16 | 0.16 | 1.90 | |
| 2017 | 0.19 | 0.19 | 0.19 | 0.18 | 0.18 | 0.18 | 0.18 | 0.18 | 0.17 | 0.19 | 0.19 | 2.03 | |
| 2016 | 0.17 | 0.20 | 0.19 | 0.18 | 0.18 | 0.17 | 0.18 | 0.17 | 0.17 | 0.18 | 0.18 | 1.98 | |
| 2015 | 0.19 | 0.17 | 0.18 | 0.18 | 0.18 | 0.18 | 0.18 | 0.17 | 0.17 | 0.15 | 0.16 | 1.92 | |
| 2014 | 0.20 | 0.22 | 0.19 | 0.19 | 0.18 | 0.18 | 0.19 | 0.19 | 0.19 | 0.19 | 0.18 | 2.12 | |
| 2013 | 0.19 | 0.10 | 0.17 | 0.17 | 0.16 | 0.16 | 0.16 | 0.16 | 0.15 | 0.15 | 0.24 | 1.82 | |
| 2012 | 0.18 | 0.15 | 0.19 | 0.18 | 0.20 | 0.20 | 0.21 | 0.21 | 0.20 | 0.19 | 1.91 | ||
| 2011 | 0.22 | 0.23 | 0.21 | 0.21 | 0.21 | 0.22 | 0.21 | 0.21 | 0.20 | 0.20 | 0.18 | 2.30 | |
| 0.00 | 1.96 | 2.04 | 2.14 | 2.10 | 2.13 | 2.11 | 2.14 | 2.07 | 2.05 | 1.68 | 1.92 |
Sectors and Top Holdings
| Security | % Assets |
|---|---|
| Broadcom Inc 8.00 % Cum Conv Pfd Registered Shs 2019-30.09.22 Series A | 2.72% |
| Wells Fargo & Company 7.5 % Non Cum Perp Conv Pfd Registered Shs A Series L | 1.86% |
| MUTUAL FUND (OTHER) | 1.63% |
| Bank of America Corp 7.25 % Non Cum Perp Conv Pfd Registered Shs Series L | 1.46% |
| Danaher Corporation Cum Conv Red Pfd Registered Shs Series A | 1.37% |
| ArcelorMittal Luxembourg S.A. 5.5 % Mandatory Convertible Notes 2020-18.05.23 | 1.31% |
| Danaher Corporation 5 % Cum Conv Pfd Registered Shs 2020-15.05.23 Class B | 1.15% |
| NextEra Energy, Inc. Corporate Units Cons of Debenture 01.03.25 + 1 PC 01.03.23 | 1.12% |
| Citigroup Capital XIII Tr Pfd Secs 2010-30.10.40 Global Fltg Rt | 1.01% |
| Avantor, Inc. Cum Conv Pfd Registered Shs Series A | 1.00% |
| KKR & Co. Inc. 6 % Conv Cum Red Pfd Registered Shs 2020-15.09.23 Series C | 0.94% |
| Aptiv PLC 5.5% Conv Pfd Registered Shs Series A | 0.91% |
| NextEra Energy, Inc. Corporate Units Cons of Debenture 01.09.25 + 1 PC 01.09.23 | 0.90% |
| JPMorgan Chase & Co Depositary Shs Repr 1/400th Non-Cum Perp Red Pfd Registered ShsSeries -EE- | 0.85% |
| JPMorgan Chase & Co Depositary Shs Repr 1/400th Non-Cum Red Perp Pfd Rg Shs Series -MM- | 0.84% |
| Top 15 Weights | 19.07% |
Compare with similar ETFs
| PFF | FDG | KAPR | PFFV | PFLD | QPFF | |
|---|---|---|---|---|---|---|
| Product name | iShares U.S. Preferred Stock ETF | American Century Focused Dynamic Growth ETF | Innovator Russell 2000 Power Buffer ETF April Series | Global X Variable Rate Preferred ETF | AAM Low Duration Preferred & Income Securities ETF | American Century Quality Preferred ETF |
| Issuer | iShares | American Century | Innovator | Global X | AAM | American Century |
| Price | $30.13 | $53.009 | $24.35 | $22.35 | $20.5 | $33.95 |
| Expense Ratio | 0.46% |  0.45% |  0.79% | 0.25% | 0.45% | 0.32% |
| Average Spread | 0.033% | 0.226% | 0.493% | 0.268% | 0.195% | 0.353% |
| AUM | $15,690,100,000 | $131,655,000 | $74,138,800 | $69,061,700 | $77,199,400 | $13,765,700 |
| Shares | 520,745,547 | 2,483,631 | 3,044,713 | 3,090,007 | 3,765,823 | 405,470 |
| Average Daily Volume | 3,914,560 | 11,150 | 27,358 | 78,903 | 41,930 | 870 |
| Home page | Visit external site | Visit external site | Visit external site | Visit external site | Visit external site | Visit external site |
| Inception Date | 2007-03-26 | 2020-03-31 | 2020-04-01 | 2020-06-22 | 2019-11-19 | 2021-02-16 |
| Index Tracked | ICE Exchange-Listed Preferred & Hybrid Securities Index | No Underlying Index | No Underlying Index | ICE U.S. Variable Rate Preferred Securities Index | ICE 0-5 Year Duration Exchange-Listed Preferred & Hybrid Securities Index | No Underlying Index |
| Category | Preferred Stock/Convertible Bonds | Global Equities | Volatility Hedged Equity | Preferred Stock/Convertible Bonds | Preferred Stock/Convertible Bonds | n/a |
| Asset Class | Preferred Stock | Equity | Equity | Preferred Stock | Multi-Asset | |
| Asset Class Size | ||||||
| Value or Growth | Blend | Growth | Blend | Blend | ||
| Region | North America | North America | ||||
| Countries | U.S. | U.S. | Broad | U.S. | U.S. | U.S. |
| Annual Dividend Rate | $1.642 | $0 | $0 | $1.363 | $1.047 | $1.636 |
| Annual Dividend Yield | 0.054% | 0.000% | 0.000% | 0.061% | 0.051% | 0.048% |
| Number of Holdings | 201 | 41 | 0 | 0 | 0 | 0 |
| YTD Return | -20.74% | -34.35% | -11.55% | -16.16% | -15.42% | -15.32% |
| Beta | -0.03 | 1.12 | 0.46 | 0.25 | 0.32 | 0.27 |
| Upside Beta | -0.12 | 0.43 | 0.21 | -0.05 | 0.13 | -0.22 |
| Downside Beta | 0.07 | -0.71 | -0.31 | -0.36 | -0.81 | -0.32 |
| Volatility 1Y | 12.41% | 34.64% | 14.32% | 10.42% | 9.21% | 7.59% |
| Sharpe Ratio 3Y | -0.35 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Treynor Ratio 3Y | 0.14 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |