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iShares Trust iShares Preferred and Income Securities ETF

PFF
$--
Today’s Change
-- (--)

Snapshot
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Inception Date
Mar 26 2007
Expense Ratio
0.46%
Type
Preferred
Fund Owner
Blackrock (iShares)
Volume (1m avg. daily)
$82,055,310
AUM
$12,842,739,987
Associated Index
ICE Exchange-Listed Preferred & Hybrid Securities Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus

Top 10 Holdings

XTSLA
BLK CSH FND TREASURY SL AGENCY
3.09%
WFC/PR/L
Wells Fargo & Co. - 7.50% PRF PERPETUAL USD 1000 - Cls A Ser L
1.81%
CPRN
Citigroup Capital XIII - FXDFR PFS REDEEM 30/10/2040 USD 25
1.72%
BAC/PR/L
Bank Of America Corp. - 7.25% PRF PERPETUAL USD 1000 - Ser L
1.28%
NEE/PR/R
NextEra Energy Inc - Unit ( 6.926% Corporate Units 01/09/2025)
1.15%
APO/PR/A
Apollo Global Management Inc - 6.75% PRF CONVERT 31/07/2026 USD 50 - Ser A
1.05%
JPM/PR/C
JPMorgan Chase & Co. - 6% PRF PERPETUAL USD 25 - Dep rep 1/400 Ser EE
1.05%
C/PR/K
Citigroup Inc - FXDFR PRF PERPETUAL USD 25 - Ser K
1.00%
JPM/PR/D
JPMorgan Chase & Co. - 5.75% PRF PERPETUAL USD 25 - Dep 1/400th Ser DD
0.94%
T/PR/C
AT&T, Inc. - 4.75% PRF PERPETUAL USD 25 - 1/1000th Int Ser C
0.87%
Invest with PFF

What is PFF?

The iShares Preferred and Income Securities ETF seeks to track the investment results of an index composed of U.S. dollar-denominated preferred and hybrid securities. The Fund seeks to track the investment results of the ICE Exchange-Listed Preferred & Hybrid Securities Index (the Underlying Index ), which measures the performance of a select group of exchange-listed, U.S. dollar-denominated preferred securities, hybrid securities and convertible preferred securities listed on the New York Stock Exchange ( NYSE ) or NASDAQ Capital Market ( NASDAQ ). The Underlying Index includes issuances of preferred stocks with amounts outstanding over $100 million, convertible preferred stock with at least $50 million face amount outstanding, and hybrid securities with at least $250 million face amount outstanding, that meet minimum price, liquidity, trading volume, maturity and other requirements, as applicable, as determined by ICE Data Indices (the Index Provider or ICE Data ).

ETFs related toPFF

ETFs correlated to PFF include PSK, PGX, PFFD

PFF
BlackRock Institutional Trust Company N.A. - iShares Trust iShares Preferred and Income Securities ETF
PSK
SPDR Series Trust - SPDR ICE Preferred Securities ETF
PGX
Invesco Capital Management LLC - Invesco Preferred ETF
PFFD
Global X Funds - Global X U.S. Preferred ETF
PGF
Invesco Capital Management LLC - Invesco Financial Preferred ETF
PFXF
VanEck ETF Trust - VanEck Preferred Securities ex Financials ETF
PFFA
ETFis Series Trust I - Virtus InfraCap U.S. Preferred Stock ETF
FPE
First Trust Exchange-Traded Fund III - First Trust Preferred Securities and Income ETF
YYY
Amplify ETF Trust - Amplify High Income ETF
PCEF
Invesco Capital Management LLC - Invesco CEF Income Composite ETF
CVRD
Madison ETFs Trust - Madison Covered Call ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

FAQ

PFF is a Preferred ETF. The iShares Preferred and Income Securities ETF seeks to track the investment results of an index composed of U.S. dollar-denominated preferred and hybrid securities. The Fund seeks to track the investment results of the ICE Exchange-Listed Preferred & Hybrid Securities Index (the Underlying Index ), which measures the performance of a select group of exchange-listed, U.S. dollar-denominated preferred securities, hybrid securities and convertible preferred securities listed on the New York Stock Exchange ( NYSE ) or NASDAQ Capital Market ( NASDAQ ). The Underlying Index includes issuances of preferred stocks with amounts outstanding over $100 million, convertible preferred stock with at least $50 million face amount outstanding, and hybrid securities with at least $250 million face amount outstanding, that meet minimum price, liquidity, trading volume, maturity and other requirements, as applicable, as determined by ICE Data Indices (the Index Provider or ICE Data ).

PFF tracks the ICE Exchange-Listed Preferred & Hybrid Securities Index.

PFF dividend information: Preferred Stock. Dividend payouts may vary in terms of frequency of payouts.

No, PFF is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, PFF is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on PFF is 0.0084%. This is the percent change in the value of PFF over the most recent 1-month period. The 3-month return on PFF is 0.0035%. This is the percent change in the value of PFF over the most recent 3-month period.

The standard deviation of PFF for the past year is 0.1353%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to PFF include QAI, MLPA, and MLPX.

ETFs correlated to PFF include PSK, PGX, and PFFD.

ETFs that are inversely correlated to PFF include FAZ, SJB, and RWM.

Disclaimers

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We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.