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The Global X U.S. Preferred ETF seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the ICE BofA Merrill Lynch Diversified Core U.S. Preferred Securities Index. The Underlying Index is designed to track the broad-based performance of the U.S. preferred securities market. The Underlying Index includes different categories of preferred stock, such as floating, variable and fixed-rate preferreds, cumulative and non-cumulative preferreds, and trust preferreds.
Global X US Preferred ETF trades on the BATS stock market under the symbol PFFD.
As of March 4, 2025, PFFD stock price declined to $19.56 with 788,261 million shares trading.
PFFD has a beta of 0.42, meaning it tends to be less sensitive to market movements. PFFD has a correlation of 0.34 to the broad based SPY ETF.
PFFD has a market cap of $2.33 billion. This is considered a Mid Cap stock.
In the last 3 years, PFFD traded as high as $23.59 and as low as $17.37.
PFFD has underperformed the market in the last year with a return of +3.3%, while SPY returned +13.9%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in PFFD shares. However, PFFD has outperformed the market in the last 3 month and 2 week periods, returning -1.9% and -0.8%, while SPY returned -4.2% and -5.4%, respectively. This indicates PFFD has been having a stronger performance recently.
PFFD support price is $19.61 and resistance is $19.79 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that PFFD shares will trade within this expected range on the day.