PREF: Traded Funds Principal Spectrum Preferred Securities Active ETF
About
PREF was created on 2017-07-10 by Principal. The fund's investment portfolio concentrates primarily on broad credit fixed income. PREF is an actively managed fund with a primary focus on $1",000 par preferred securities.
Current Value
$18.701 Year Return
Current Value
$18.701 Year Return
Key Details
Assets Under Management
$999.92M
Div Yield %
4.58%
P/E Ratio
-
Net Asset Value
$18.63
Expense Ratio
0.55%
1Y ETF Return
0.16%
Strategies that include PREF
Stock's related to PREF
Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| LSPD | 26.59% | $2.68B | +7.42% | 0.00% |
| MS | 26.57% | $213.04B | +68.52% | 2.68% |
| ESAB | 26.54% | $7.33B | +53.01% | 0.23% |
| VCTR | 26.53% | $4.31B | +102.94% | 2.17% |
| AN | 26.51% | $6.53B | +24.16% | 0.00% |
| TPH | 26.47% | $3.90B | +43.10% | 0.00% |
| EFX | 26.47% | $30.37B | +16.91% | 0.64% |
| PMT | 26.45% | $1.15B | -4.97% | 12.13% |
| AIN | 26.44% | $2.61B | -0.13% | 1.26% |
| NOV | 26.44% | $6.22B | -15.93% | 1.56% |
| LC | 26.43% | $1.69B | +175.00% | 0.00% |
| USB | 26.43% | $78.63B | +36.18% | 3.88% |
| KMT | 26.42% | $2.17B | +21.08% | 2.88% |
| AL | 26.36% | $5.37B | +25.70% | 1.74% |
| BLK | 26.33% | $159.23B | +41.88% | 1.96% |
| SASR | 26.31% | $1.67B | +66.20% | 3.68% |
| SWK | 26.31% | $13.31B | -3.30% | 3.75% |
| ABCB | 26.29% | $4.75B | +62.51% | 0.88% |
| HASI | 26.28% | $3.29B | +16.65% | 5.90% |
| BCC | 26.25% | $5.31B | +32.92% | 0.59% |
Uncorrelated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| BAX | -0.02% | $16.60B | -8.91% | 3.57% |
| HLN | 0.04% | $42.91B | +13.94% | 1.67% |
| VNDA | 0.05% | $286.88M | +42.61% | 0.00% |
| SIGI | 0.06% | $5.90B | -4.96% | 1.47% |
| CMG | 0.07% | $80.02B | +33.62% | 0.00% |
| AMSF | 0.12% | $1.11B | +22.66% | 2.52% |
| SPOT | -0.12% | $90.80B | +159.59% | 0.00% |
| MNOV | -0.13% | $93.19M | +2.15% | 0.00% |
| BAH | -0.14% | $17.62B | +9.13% | 1.47% |
| PNW | 0.15% | $10.34B | +26.67% | 3.90% |
| HSY | 0.15% | $34.45B | -10.68% | 3.21% |
| CPB | 0.18% | $12.96B | +7.08% | 3.40% |
| ACIU | 0.18% | $325.95M | +7.92% | 0.00% |
| LLY | -0.18% | $692.74B | +23.14% | 0.71% |
| CNA | -0.20% | $13.16B | +23.03% | 3.61% |
| MANU | -0.21% | $2.88B | -9.41% | 0.00% |
| CBOE | 0.22% | $21.46B | +15.84% | 1.11% |
| ABT | -0.23% | $203.16B | +14.93% | 1.88% |
| GSAT | -0.23% | $3.29B | +19.18% | 0.00% |
| FDMT | 0.23% | $450.58M | -27.45% | 0.00% |
Inversely Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| CFLT | -15.18% | $9.28B | +49.05% | 0.00% |
| ACGL | -13.62% | $36.00B | +16.84% | 0.00% |
| TEM | -13.29% | $8.50B | 0.00% | 0.00% |
| LPTX | -12.99% | $103.46M | +10.66% | 0.00% |
| WHLM | -12.77% | $17.64M | -29.34% | 0.00% |
| OHI | -11.58% | $10.84B | +26.02% | 6.71% |
| AVDL | -11.58% | $1.03B | -3.16% | 0.00% |
| RELY | -11.23% | $3.96B | -7.42% | 0.00% |
| HUM | -10.98% | $33.45B | -45.22% | 1.25% |
| NNE | -10.95% | $833.66M | +531.50% | 0.00% |
| EDU | -10.59% | $9.06B | -22.20% | 0.00% |
| CAPR | -10.30% | $839.37M | +532.19% | 0.00% |
| UNH | -10.08% | $531.00B | +6.93% | 1.37% |
| PGNY | -9.56% | $1.16B | -58.40% | 0.00% |
| UUU | -9.54% | $4.97M | -41.89% | 0.00% |
| CNK | -9.31% | $4.09B | +138.59% | 0.00% |
| URGN | -9.14% | $470.95M | -11.92% | 0.00% |
| MNR | -9.02% | $1.66B | -10.71% | 15.90% |
| MCS | -8.88% | $669.85M | +49.35% | 1.28% |
| RGR | -8.87% | $642.75M | -15.87% | 1.81% |
ETF's related to PREF
News
SeekingAlpha
First Trust Preferred Securities and Income ETF is an actively managed fund focusing on preferred stocks, primarily in the U.S. and financial sector. Read more here.
SeekingAlpha
Global X U.S. Preferred ETF has suffered from substandard, and often negative, second half returns. Check out the reasons why I rate PFFD as a strong sell.
Disclaimer
Information on this page is obtained from our data provider, Xignite, an unaffiliated third party. Double believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate. We also show information based on calculations performed by Double using data from our provider. Double believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.