PFFA vs. PFLD ETF Comparison

Comparison of Virtus InfraCap U.S. Preferred Stock ETF (PFFA) to AAM Low Duration Preferred and Income Securities ETF (PFLD)

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

Number of Holdings ^*

* may have additional holdings in another (foreign) market

PFLD

AAM Low Duration Preferred and Income Securities ETF

PFLD Description

The investment seeks to track the total return performance, before fees and expenses, of the ICE 0-5 Year Duration Exchange-Listed Preferred & Hybrid Securities Index. The index measures the performance of exchange-listed, U.S. dollar-denominated preferred securities and hybrid securities listed on the New York Stock Exchange (NYSE) or NASDAQ Capital Market (NASDAQ) with an option-adjusted duration of less than 5 years. Under normal circumstances, at least 80% of the fund's total assets (exclusive of any collateral held from securities lending) will be invested in the component securities of the index.

Grade (RS Rating)

Last Trade

$21.04

Average Daily Volume

95,220

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	PFFA	PFLD
30 Days	-0.33%	-0.02%
60 Days	1.05%	0.79%
90 Days	1.67%	1.46%
12 Months	27.91%	14.18%

8 Overlapping Holdings

Symbol	Grade	Weight in PFFA	Weight in PFLD	Overlap
ESGRP	A	0.11%	0.65%	0.11%
NYMTL	A	0.12%	0.18%	0.12%
NYMTM	A	1.63%	0.27%	0.27%
NYMTN	D	2.61%	0.21%	0.21%
SLMBP	B	3.22%	0.3%	0.3%
VLYPO	A	0.26%	0.15%	0.15%
VLYPP	A	1.27%	0.16%	0.16%
WTFCP	A	0.03%	0.46%	0.03%

PFFA Overweight 14 Positions Relative to PFLD

Symbol	Grade	Weight
UGIC	C	1.76%
AQNU	B	1.35%
UZE	C	1.26%
HTIBP	F	0.56%
AES	B	0.52%
OZKAP	A	0.29%
LBRDP	C	0.16%
OXLCO	A	0.16%
RILYL	B	0.14%
XOMAP	B	0.08%
CTDD	D	0.07%
ATLCP	D	0.07%
GOODO	C	0.04%
DCOMP	A	0.02%

PFFA Underweight 28 Positions Relative to PFLD

Symbol	Grade	Weight
TBC	C	-1.27%
SREA	C	-1.17%
CMSD	B	-0.99%
QRTEP	C	-0.97%
PRS	C	-0.88%
CHSCL	B	-0.85%
AGNC	B	-0.85%
CHSCM	A	-0.79%
DUKB	C	-0.77%
FITBI	A	-0.73%
SOJC	C	-0.67%
NSS	A	-0.65%
RZB	A	-0.64%
DTW	C	-0.6%
AQNB	A	-0.56%
AGNCN	A	-0.53%
UNMA	A	-0.47%
CMSC	C	-0.43%
NRUC	A	-0.4%
GPJA	D	-0.39%
CMSA	C	-0.3%
TVE	B	-0.29%
RILYN	A	-0.24%
ZIONO	A	-0.22%
AFGB	C	-0.19%
WTFCM	A	-0.19%
BPOPM	B	-0.16%
CSSEP	C	-0.01%