PFFA vs. IPPP ETF Comparison
Comparison of Virtus InfraCap U.S. Preferred Stock ETF (PFFA) to Preferred-Plus ETF (IPPP)
PFFA
Virtus InfraCap U.S. Preferred Stock ETF
PFFA Description
The investment seeks current income and, secondarily, capital appreciation. Under normal market conditions, the fund will invest not less than 80% of its net assets (plus the amount of any borrowings for investment purposes) in U.S. preferred stock, and in derivatives and other instruments that have economic characteristics similar to such investments. The Sub-Adviser actively manages the fund's assets pursuant to a variety of quantitative, qualitative and relative valuation factors. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$20.74
Average Daily Volume
266,353
22
IPPP
Preferred-Plus ETF
IPPP Description
The investment seeks to provide income. The fund invests at least 80% of its net assets (plus any borrowings made for investment purposes) in a portfolio of preferred securities issued by U.S. and non-U.S. companies. It may invest in preferred securities of all issuer capitalizations. The fund may also invest in publicly-traded partnerships (“PTPs”). The Advisor intends to maintain approximately 10% asset exposure to a credit spread options strategy, although market conditions may dictate additional exposure.Grade (RS Rating)
Last Trade
$9.85
Average Daily Volume
11,874
18
Performance
| Period | PFFA | IPPP |
|---|---|---|
| 30 Days | -0.33% | 0.40% |
| 60 Days | 1.05% | 0.81% |
| 90 Days | 1.67% | 1.11% |
| 12 Months | 27.91% | 23.54% |
PFFA Overweight 19 Positions Relative to IPPP
PFFA: Top Represented Industries & Keywords
IPPP: Top Represented Industries & Keywords
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