PFF vs. PSK ETF Comparison

Comparison of iShares US Preferred Stock ETF (PFF) to SPDR Wells Fargo Preferred Stock ETF (PSK)

PFF

iShares US Preferred Stock ETF

PFF Description

The investment seeks to track the investment results of an index composed of U.S. preferred stocks. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. It seeks to track the investment results of the S&P U.S. Preferred Stock IndexTM (the "underlying index"), which measures the performance of a select group of preferred stocks listed on the New York Stock Exchange (" NYSE"), NYSE Arca, Inc. ("NYSE Arca"), NYSE Amex, NASDAQ Global Select Market, NASDAQ Select Market or NASDAQ Capital Market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$32.64

Average Daily Volume

3,786,026

Number of Holdings ^*

227

* may have additional holdings in another (foreign) market

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

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	PFF	PSK
30 Days	-1.37%	-2.27%
60 Days	-1.53%	-3.30%
90 Days	2.37%	0.33%
12 Months	15.55%	12.84%

27 Overlapping Holdings

Symbol	Grade	Weight in PFF	Weight in PSK	Overlap
ACGLO	D	0.19%	0.42%	0.19%
AIZN	D	0.14%	0.3%	0.14%
BAC	A	0.28%	0.43%	0.28%
BAC	A	0.06%	0.43%	0.06%
CMSC	C	0.17%	0.37%	0.17%
CMSD	C	0.38%	0.85%	0.38%
DTW	D	0.23%	0.53%	0.23%
DUKB	D	0.31%	0.68%	0.31%
EAI	D	0.22%	0.5%	0.22%
ELC	D	0.15%	0.32%	0.15%
EMP	D	0.14%	0.31%	0.14%
ESGRP	D	0.2%	0.46%	0.2%
FITBI	B	0.29%	0.63%	0.29%
GPJA	D	0.15%	0.34%	0.15%
MGR	D	0.18%	0.39%	0.18%
NRUC	D	0.15%	0.33%	0.15%
PFH	D	0.25%	0.56%	0.25%
PRS	C	0.35%	0.76%	0.35%
RZB	C	0.25%	0.55%	0.25%
RZC	C	0.46%	1.03%	0.46%
SOJC	D	0.27%	0.6%	0.27%
SOJD	D	0.55%	1.23%	0.55%
SREA	D	0.46%	1.02%	0.46%
TBB	C	0.79%	1.73%	0.79%
TBC	C	0.51%	1.11%	0.51%
TVC	C	0.15%	0.32%	0.15%
UNMA	C	0.19%	0.41%	0.19%

PFF Overweight 200 Positions Relative to PSK

Symbol	Grade	Weight
C	A	1.68%
ALB	B	1.35%
HPE	B	1.13%
NEE	C	1.08%
ARES	A	1.0%
T	A	0.88%
T	A	0.64%
DUK	C	0.62%
NEE	C	0.42%
JPM	A	0.41%
APO	B	0.4%
MET	A	0.37%
JXN	C	0.37%
SO	C	0.37%
F	C	0.37%
CHSCO	B	0.36%
LNC	C	0.35%
WCC	B	0.35%
BTSG	C	0.35%
SYF	B	0.33%
CHSCL	B	0.33%
BANC	B	0.32%
GTLS	A	0.32%
QRTEP	F	0.32%
CTDD	B	0.31%
CHSCM	D	0.31%
AXS	A	0.31%
SCHW	B	0.31%
WFC	A	0.31%
STT	B	0.31%
UZE	B	0.29%
USM	B	0.29%
BPYPM	D	0.28%
NLY	C	0.27%
CHSCN	D	0.27%
TPG	A	0.26%
MS	A	0.25%
KEY	B	0.25%
CFG	B	0.24%
CG	B	0.24%
KKR	A	0.24%
TDS	B	0.23%
PBI	B	0.23%
FG	A	0.23%
HIG	B	0.22%
NTRS	A	0.22%
CHSCP	F	0.22%
AGNCN	A	0.21%
USB	A	0.21%
FCNCA	A	0.2%
RLJ	C	0.2%
ATHS	D	0.19%
VOYA	B	0.19%
RF	A	0.19%
PRU	A	0.19%
UMH	B	0.18%
WTFCP	A	0.18%
NGL	D	0.18%
KREF	C	0.17%
TCBI	C	0.16%
ALL	A	0.16%
MTB	A	0.16%
WAL	B	0.16%
BHF	C	0.15%
NAVI	F	0.15%
RNR	C	0.15%
SR	A	0.15%
OZKAP	D	0.15%
WAFD	B	0.14%
FBRT	D	0.14%
GL	C	0.14%
EQH	C	0.14%
HPP	F	0.14%
PNFP	B	0.14%
AGNC	C	0.14%
DBRG	F	0.13%
SNV	C	0.13%
DDT	B	0.13%
KMI	A	0.13%
NSA	C	0.13%
WRB	A	0.12%
TVE	C	0.12%
EIX	B	0.12%
SLMBP	C	0.12%
VNO	C	0.12%
GS	A	0.12%
SLG	B	0.12%
CMSA	C	0.12%
KIM	A	0.12%
FCNCO	C	0.12%
FITB	B	0.12%
SFB	D	0.12%
SITC	D	0.11%
LBRDP	C	0.11%
AUB	B	0.11%
CMS	C	0.11%
DTE	C	0.11%
HWC	B	0.11%
AFGC	D	0.11%
DLR	B	0.11%
NYMTM	A	0.11%
SIGI	C	0.1%
WSBC	B	0.1%
TRTX	C	0.1%
SPLP	D	0.1%
FULT	A	0.1%
AFGE	D	0.1%
RITM	C	0.1%
VLY	B	0.1%
DHC	F	0.1%
TFC	A	0.1%
SF	B	0.1%
HBAN	A	0.1%
CIM	D	0.09%
AMG	B	0.09%
KMPR	A	0.09%
GPMT	C	0.09%
CADE	B	0.09%
ZIONO	D	0.09%
ARR	D	0.09%
AGNCL	B	0.09%
AFGD	C	0.09%
CION	C	0.09%
AHH	D	0.09%
BNRE.A	A	0.09%
BOH	B	0.08%
CFR	B	0.08%
QVCD	D	0.08%
ATLC	A	0.08%
TWO	F	0.08%
GAIN	B	0.08%
CTVA	C	0.08%
AFGB	C	0.08%
LANDO	C	0.08%
BC	C	0.08%
NYMTL	A	0.08%
ARGD	C	0.08%
CNO	B	0.08%
FRT	B	0.08%
WTFCM	A	0.08%
MBIN	F	0.08%
WBS	A	0.08%
NYMTN	D	0.08%
ADC	A	0.08%
RILY	F	0.07%
PSA	C	0.07%
ACR	A	0.07%
ENO	D	0.07%
AMH	C	0.07%
BPOPM	C	0.07%
PCG	A	0.07%
CLDT	B	0.07%
IVR	F	0.07%
FCRX	A	0.07%
ABR	C	0.07%
CTO	B	0.07%
MHNC	C	0.07%
FTAI	A	0.07%
ONB	C	0.07%
PMT	C	0.07%
VLYPP	A	0.07%
NEWT	C	0.07%
MFA	D	0.07%
HTLF	B	0.07%
REG	A	0.07%
NMFC	D	0.07%
MSBI	B	0.07%
DRH	B	0.07%
EQC	B	0.07%
TRIN	A	0.07%
FHN	A	0.07%
SNCR	F	0.07%
DX	B	0.07%
RILYN	C	0.06%
BFS	C	0.06%
PEB	D	0.06%
LXP	D	0.06%
COF	C	0.06%
CNOB	B	0.06%
PSEC	D	0.06%
CODI	B	0.06%
VLYPO	B	0.06%
EFC	C	0.06%
EPR	C	0.06%
GNL	F	0.06%
BW	D	0.06%
SAR	A	0.06%
DCOMP	D	0.06%
FATBP	F	0.05%
MHLA	B	0.05%
CIO	C	0.05%
INN	D	0.05%
SHO	D	0.05%
FOSL	C	0.05%
ASB	B	0.05%
RC	D	0.05%
SLNHP	B	0.04%
OPI	F	0.04%
BHR	C	0.03%
XELAP	F	0.0%

PFF Underweight 0 Positions Relative to PSK

	Symbol	Grade	Weight

PSK: Top Represented Industries & Keywords

Industries: Other Insurance - Diversified Banks - Global Banks - Regional - US Electric Utilities Insurance