FXED vs. PSK ETF Comparison
Comparison of Sound Enhanced Fixed Income ETF (FXED) to SPDR Wells Fargo Preferred Stock ETF (PSK)
FXED
Sound Enhanced Fixed Income ETF
FXED Description
Under normal market conditions, the fund will invest at least 80% of its net assets in fixed income securities. The fund's investments in fixed income securities will typically include U.S. corporate bonds, preferred stock and ETFs that invest in bonds, sovereign debt, and private placement debt securities. It may also invest in fixed income securities issued by U.S. and foreign corporations, securities issued by governments and their agencies, instrumentalities, or sponsored corporations, including supranational organizations. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$18.75
Average Daily Volume
7,622
24
PSK
SPDR Wells Fargo Preferred Stock ETF
PSK Description
The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index. In seeking to track the performance of the Wells Fargo Hybrid and Preferred Securities Aggregate Index (the "index"), the fund employs a replication strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index is a modified market capitalization weighted index designed to measure the performance of non-convertible preferred stock and securities that are functionally equivalent to preferred stock. The fund is non-diversified.Grade (RS Rating)
Last Trade
$34.41
Average Daily Volume
122,231
26
Performance
Period | FXED | PSK |
---|---|---|
30 Days | -1.83% | -2.27% |
60 Days | -2.03% | -3.30% |
90 Days | 0.36% | 0.33% |
12 Months | 12.47% | 12.84% |
FXED Overweight 22 Positions Relative to PSK
FXED Underweight 24 Positions Relative to PSK
Symbol | Grade | Weight | |
---|---|---|---|
TBB | C | -1.73% | |
TBC | C | -1.11% | |
RZC | C | -1.03% | |
SREA | D | -1.02% | |
PRS | C | -0.76% | |
DUKB | D | -0.68% | |
FITBI | B | -0.63% | |
SOJC | D | -0.6% | |
PFH | D | -0.56% | |
RZB | C | -0.55% | |
DTW | D | -0.53% | |
EAI | D | -0.5% | |
ESGRP | D | -0.46% | |
BAC | A | -0.43% | |
ACGLO | D | -0.42% | |
UNMA | C | -0.41% | |
MGR | D | -0.39% | |
CMSC | C | -0.37% | |
GPJA | D | -0.34% | |
NRUC | D | -0.33% | |
TVC | C | -0.32% | |
ELC | D | -0.32% | |
EMP | D | -0.31% | |
AIZN | D | -0.3% |
FXED: Top Represented Industries & Keywords
PSK: Top Represented Industries & Keywords