FFC vs PHK

Comparison between Flaherty & Crumrine Preferred and Income Securities Fund Inc (FFC, ETF) and Pimco High Income Fund (PHK, ETF).

5-Year PerformancePHK has outperformed FFC, delivering a return of +2.9% compared to +0.2%

FFC vs PHK - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FFC(ETF)	PHK(ETF)
Net Assets	$839M	$841M
Max Drawdown	84.52%	80.92%
Sharpe Ratio	0.36	0.35
5Y Beta	0.38	0.28
5Y Dividends CAGR	-4.47%	1.61%

Net Assets

FFC

$839M

Winner

PHK

$841M

Max Drawdown

FFC

84.52%

Winner

PHK

80.92%

Sharpe Ratio

Winner

FFC

0.36

PHK

0.35

5Y Beta

FFC

0.38

Winner

PHK

0.28

5Y Dividends CAGR

FFC

-4.47%

Winner

PHK

1.61%

FFC vs PHK - Historical Returns

Returns include dividend reinvestment.

Period	FFC	PHK
1 month	-1.16%	+0.18%
3 months	+1.61%	-0.56%
6 months	-1.00%	-0.33%
1 year	+5.71%	+7.05%
5 years(CAGR)	+0.18%	+2.86%
10 years(CAGR)	+4.55%	+3.89%
Max(CAGR)	+6.83%	+7.33%

FFC

-1.16%

Winner

PHK

+0.18%

Winner

FFC

+1.61%

PHK

-0.56%

FFC

-1.00%

Winner

PHK

-0.33%

FFC

+5.71%

Winner

PHK

+7.05%

5Y(CAGR)

FFC

+0.18%

Winner

PHK

+2.86%

10Y(CAGR)

Winner

FFC

+4.55%

PHK

+3.89%

Max(CAGR)

FFC

+6.83%

Winner

PHK

+7.33%

FFC vs PHK - Annual Returns (2003 - 2026)

Returns include dividend reinvestment.

Year	FFC	PHK
2026	-1.86%	-1.35%
2025	+12.69%	+11.70%
2024	+18.93%	+9.25%
2023	-2.70%	+17.04%
2022	-24.85%	-15.74%
2021	+0.24%	+10.66%
2020	+15.33%	-10.14%
2019	+36.09%	+3.58%
2018	-10.57%	+21.06%
2017	+12.35%	-10.22%
2016	+1.96%	+26.69%
2015	+10.61%	-18.60%
2014	+16.64%	+7.63%
2013	-2.95%	+18.45%
2012	+21.79%	-2.52%
2011	+17.58%	+5.06%
2010	+26.92%	+40.05%
2009	+91.83%	+109.30%
2008	-45.64%	-48.02%
2007	-18.92%	-9.90%
2006	+16.18%	+21.48%
2005	-19.12%	+7.69%
2004	+5.73%	+13.66%
2003	+17.65%	+6.22%

FFC vs PHK Drawdown Comparison

The maximum drawdown for FFC was -77.78%, occurring on Oct 10, 2008. Recovery took 743 trading sessions.

The maximum drawdown for PHK was -75.29%, occurring on Nov 21, 2008. Recovery took 601 trading sessions.

The current FFC drawdown is -4.12%. The current PHK drawdown is -4.43%.

Rank	FFC	PHK
#1	-77.78% Apr 5, 2007 - Mar 18, 2010	-75.29% Jun 5, 2007 - Oct 21, 2009
#2	-54.06% Feb 11, 2020 - Sep 1, 2020	-51.25% Mar 21, 2019 - Oct 1, 2024
#3	-39.53% Aug 2, 2021 - Feb 2, 2026	-41.07% Apr 6, 2015 - Jan 26, 2017
#4	-22.80% Feb 7, 2005 - Mar 22, 2007	-27.24% Oct 5, 2012 - Jan 21, 2014
#5	-19.96% Jul 14, 2017 - May 16, 2019	-22.66% Jun 3, 2011 - Jun 8, 2012
#6	-18.07% Apr 29, 2013 - Apr 16, 2014	-18.66% Feb 1, 2017 - Jun 22, 2018
#7	-17.61% Mar 29, 2004 - Dec 31, 2004	-17.25% Dec 28, 2009 - Mar 29, 2010
#8	-17.36% Jul 22, 2011 - Dec 22, 2011	-16.42% Apr 12, 2010 - Jul 20, 2010
#9	-14.89% Aug 18, 2016 - May 1, 2017	-16.42% Jul 9, 2014 - Mar 5, 2015
#10	-13.14% May 3, 2010 - Jun 18, 2010	-13.48% Jan 13, 2004 - Aug 25, 2004
#11	-12.95% May 19, 2015 - Nov 2, 2015	-12.90% Sep 13, 2018 - Feb 4, 2019
#12	-11.09% Oct 13, 2010 - Feb 7, 2011	-10.64% Nov 8, 2010 - Feb 2, 2011
#13	-10.93% Oct 17, 2012 - Jan 9, 2013	-10.34% May 19, 2003 - Nov 3, 2003
#14	-10.12% Feb 17, 2026 - Mar 30, 2026	-9.65% Aug 9, 2010 - Oct 28, 2010
#15	-9.43% Dec 22, 2020 - Mar 31, 2021	-9.59% Mar 26, 2025 - Jun 10, 2025

Correlation

Correlation between FFC and PHK is 0.92 which considered as a very strong positive correlation - the stocks move almost identically together.

0.92

-101

Dividend Comparison (2003 - 2026)

FFC vs PHK dividend yield comparison.

Year	FFC	PHK
2026	3.19%	6.36%
2025	7.08%	11.85%
2024	6.97%	11.85%
2023	7.54%	11.54%
2022	9.11%	12.18%
2021	7.03%	9.37%
2020	6.18%	10.62%
2019	6.27%	10.57%
2018	8.21%	12.09%
2017	7.29%	13.29%
2016	8.62%	13.54%
2015	8.14%	16.98%
2014	8.57%	13.00%
2013	9.58%	12.56%
2012	8.95%	13.96%
2011	9.51%	12.17%
2010	9.17%	11.51%
2009	9.79%	13.48%
2008	20.46%	26.45%
2007	9.50%	21.63%
2006	7.26%	11.23%
2005	9.83%	10.27%
2004	8.59%	13.14%
2003	9.16%	5.68%