PFFV vs. PSK ETF Comparison

Comparison of Global X Variable Rate Preferred ETF (PFFV) to SPDR Wells Fargo Preferred Stock ETF (PSK)

PFFV

Global X Variable Rate Preferred ETF

PFFV Description

The investment seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the ICE U.S. Variable Rate Preferred Securities Index. The fund invests at least 80% of its total assets, plus borrowings for investments purposes (if any), in the securities of the underlying index and in American Depositary Receipts (ADRs) and Global Depositary Receipts (GDRs) based on the securities in the underlying index. The underlying index is designed to track the broad-based performance of the U.S.-listed variable rate preferred securities market. It is non-diversified.

Grade (RS Rating)

Last Trade

$23.46

Average Daily Volume

59,542

Number of Holdings ^*

* 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

$33.89

Average Daily Volume

101,285

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	PFFV	PSK
30 Days	-0.30%	-1.43%
60 Days	-0.55%	-0.84%
90 Days	-1.14%	-0.98%
12 Months	12.52%	13.42%

4 Overlapping Holdings

Symbol	Grade	Weight in PFFV	Weight in PSK	Overlap
ESGRP	A	1.69%	0.6%	0.6%
FITBI	A	1.9%	0.66%	0.66%
RZB	A	1.59%	0.58%	0.58%
RZC	A	2.94%	1.07%	1.07%

PFFV Overweight 10 Positions Relative to PSK

Symbol	Grade	Weight
AGNC	B	2.25%
CHSCN	B	1.71%
NSS	A	1.56%
AGNCN	A	1.39%
WTFCP	A	1.18%
SLMBP	B	0.76%
TVE	B	0.72%
ZIONO	A	0.58%
VLYPP	A	0.42%
VLYPO	A	0.4%

PFFV Underweight 20 Positions Relative to PSK

Symbol	Grade	Weight
TBB	C	-1.78%
SOJD	C	-1.32%
TBC	C	-1.17%
SREA	C	-1.08%
CMSD	B	-0.91%
PRS	C	-0.82%
DUKB	C	-0.7%
SOJC	C	-0.61%
PFH	C	-0.57%
DTW	C	-0.55%
EAI	C	-0.51%
ACGLO	C	-0.44%
MGR	C	-0.4%
CMSC	C	-0.4%
GPJA	D	-0.36%
NRUC	A	-0.36%
ELC	C	-0.34%
TVC	B	-0.33%
EMP	C	-0.33%
AIZN	C	-0.31%

PSK: Top Represented Industries & Keywords

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