PFFL vs. FXED ETF Comparison
Comparison of ETRACS 2xMonthly Pay Leveraged Preferred Stock Index ETN due September 25, 2048 (PFFL) to Sound Enhanced Fixed Income ETF (FXED)
PFFL
ETRACS 2xMonthly Pay Leveraged Preferred Stock Index ETN due September 25, 2048
PFFL Description
The investment seeks to provide two times leveraged long exposure to the compounded monthly performance of the Solactive Preferred Stock ETF Index (the “index”). The index is designed to track the price movements of an equally weighted portfolio of two exchange-traded funds (“ETFs”) that hold preferred securities of various issuers. The Securities are two times leveraged with respect to the index and, as a result, will benefit from two times any beneficial, but will be exposed to two times any adverse, compounded monthly performance of the index.
Grade (RS Rating)
Last Trade
$9.78
Average Daily Volume
3,267
2
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
$18.65
Average Daily Volume
7,600
24
Performance
| Period | PFFL | FXED |
|---|---|---|
| 30 Days | -5.76% | -2.23% |
| 60 Days | -7.53% | -2.55% |
| 90 Days | 1.02% | 0.22% |
| 12 Months | 20.62% | 12.03% |
0 Overlapping Holdings
| Symbol | Grade | Weight in PFFL | Weight in FXED | Overlap |
|---|
PFFL Underweight 24 Positions Relative to FXED
| Symbol | Grade | Weight | |
|---|---|---|---|
| HTGC | D | -3.47% | |
| ARCC | A | -3.35% | |
| GBDC | B | -2.87% | |
| AWF | D | -2.86% | |
| PFLT | D | -2.77% | |
| TSLX | C | -2.54% | |
| CMSD | C | -2.29% | |
| SPG | A | -2.19% | |
| SOJD | D | -2.09% | |
| PCY | D | -2.07% | |
| HYEM | A | -1.98% | |
| T | A | -1.95% | |
| VICI | C | -1.41% | |
| WHF | F | -1.25% | |
| OHI | C | -1.12% | |
| PLYM | F | -1.12% | |
| O | D | -1.11% | |
| BXSL | A | -1.06% | |
| PINE | D | -1.0% | |
| NNN | C | -0.69% | |
| NHI | D | -0.55% | |
| PK | D | -0.55% | |
| APLE | B | -0.41% | |
| GLPI | C | -0.33% |
PFFL: Top Represented Industries & Keywords
FXED: Top Represented Industries & Keywords
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