FFC vs TPYP

Comparison between Flaherty & Crumrine Preferred and Income Securities Fund Inc (FFC, ETF) and TORTOISE NORTH AMERICAN PIPELINE ETF (TPYP, ETF).

5-Year PerformanceTPYP has outperformed FFC, delivering a return of +17.5% compared to +0.2%

FFC vs TPYP - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FFC(ETF)	TPYP(ETF)
Net Assets	$839M	$838M
Expense Ratio	N/A	0.40%
Max Drawdown	84.52%	53.78%
Sharpe Ratio	0.36	1.48
5Y Beta	0.38	0.41
P/E Ratio	N/A	22.82
Forward P/E	N/A	17.18
PEG Ratio	N/A	0.27
5Y Dividends CAGR	-4.47%	11.48%
5Y EPS CAGR	N/A	19.12%
P/S Ratio	N/A	1.81
P/B Ratio	N/A	2.85

Net Assets

Winner

FFC

$839M

TPYP

$838M

Expense Ratio

FFC

N/A

TPYP

0.40%

Max Drawdown

FFC

84.52%

Winner

TPYP

53.78%

Sharpe Ratio

FFC

0.36

Winner

TPYP

1.48

5Y Beta

Winner

FFC

0.38

TPYP

0.41

P/E Ratio

FFC

N/A

TPYP

22.82

Forward P/E

FFC

N/A

TPYP

17.18

PEG Ratio

FFC

N/A

TPYP

0.27

5Y Dividends CAGR

FFC

-4.47%

Winner

TPYP

11.48%

5Y EPS CAGR

FFC

N/A

TPYP

19.12%

P/S Ratio

FFC

N/A

TPYP

1.81

P/B Ratio

FFC

N/A

TPYP

2.85

FFC vs TPYP - Historical Returns

Returns include dividend reinvestment.

Period	FFC	TPYP
1 month	-1.16%	+0.33%
3 months	+1.61%	+2.90%
6 months	-1.00%	+22.42%
1 year	+5.71%	+24.04%
5 years(CAGR)	+0.18%	+17.51%
10 years(CAGR)	+4.55%	+12.10%
Max(CAGR)	+6.83%	+9.81%

FFC

-1.16%

Winner

TPYP

+0.33%

FFC

+1.61%

Winner

TPYP

+2.90%

FFC

-1.00%

Winner

TPYP

+22.42%

FFC

+5.71%

Winner

TPYP

+24.04%

5Y(CAGR)

FFC

+0.18%

Winner

TPYP

+17.51%

10Y(CAGR)

FFC

+4.55%

Winner

TPYP

+12.10%

Max(CAGR)

FFC

+6.83%

Winner

TPYP

+9.81%

FFC vs TPYP - Annual Returns (2003 - 2026)

Returns include dividend reinvestment.

Year	FFC	TPYP
2026	-1.86%	+20.87%
2025	+12.69%	+5.69%
2024	+18.93%	+36.44%
2023	-2.70%	+12.49%
2022	-24.85%	+14.72%
2021	+0.24%	+35.79%
2020	+15.33%	-20.62%
2019	+36.09%	+21.98%
2018	-10.57%	-12.40%
2017	+12.35%	+1.52%
2016	+1.96%	+37.46%
2015	+10.61%	-28.32%
2014	+16.64%	N/A
2013	-2.95%	N/A
2012	+21.79%	N/A
2011	+17.58%	N/A
2010	+26.92%	N/A
2009	+91.83%	N/A
2008	-45.64%	N/A
2007	-18.92%	N/A
2006	+16.18%	N/A
2005	-19.12%	N/A
2004	+5.73%	N/A
2003	+17.65%	N/A

FFC vs TPYP Drawdown Comparison

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

The maximum drawdown for TPYP was -51.91%, occurring on Mar 18, 2020. Recovery took 461 trading sessions.

The current FFC drawdown is -4.12%. The current TPYP drawdown is -3.72%.

Rank	FFC	TPYP
#1	-77.78% Apr 5, 2007 - Mar 18, 2010	-51.91% Jul 11, 2019 - May 10, 2021
#2	-54.06% Feb 11, 2020 - Sep 1, 2020	-38.23% Jun 30, 2015 - Sep 8, 2016
#3	-39.53% Aug 2, 2021 - Feb 2, 2026	-21.02% Aug 22, 2018 - Mar 20, 2019
#4	-22.80% Feb 7, 2005 - Mar 22, 2007	-17.93% Jun 7, 2022 - Jan 3, 2024
#5	-19.96% Jul 14, 2017 - May 16, 2019	-14.35% Jan 23, 2018 - Jul 19, 2018
#6	-18.07% Apr 29, 2013 - Apr 16, 2014	-13.17% Apr 2, 2025 - Sep 24, 2025
#7	-17.61% Mar 29, 2004 - Dec 31, 2004	-11.61% Jun 16, 2021 - Oct 14, 2021
#8	-17.36% Jul 22, 2011 - Dec 22, 2011	-10.82% Oct 20, 2021 - Jan 12, 2022
#9	-14.89% Aug 18, 2016 - May 1, 2017	-9.91% Nov 29, 2024 - Jan 16, 2025
#10	-13.14% May 3, 2010 - Jun 18, 2010	-9.17% Sep 8, 2016 - Dec 23, 2016
#11	-12.95% May 19, 2015 - Nov 2, 2015	-8.30% Feb 3, 2017 - Jan 3, 2018
#12	-11.09% Oct 13, 2010 - Feb 7, 2011	-7.89% Jan 21, 2025 - Apr 2, 2025
#13	-10.93% Oct 17, 2012 - Jan 9, 2013	-7.44% Apr 20, 2022 - Jun 1, 2022
#14	-10.12% Feb 17, 2026 - Mar 30, 2026	-6.84% May 19, 2026 - Jun 1, 2026
#15	-9.43% Dec 22, 2020 - Mar 31, 2021	-6.79% Sep 26, 2025 - Jan 21, 2026

Correlation

Correlation between FFC and TPYP is 0.59 which considered as a moderate positive correlation - the stocks show some tendency to move together.

0.59

-101

Dividend Comparison (2003 - 2026)

FFC vs TPYP dividend yield comparison.

Year	FFC	TPYP
2026	3.19%	0.80%
2025	7.08%	3.91%
2024	6.97%	3.95%
2023	7.54%	4.83%
2022	9.11%	4.48%
2021	7.03%	4.86%
2020	6.18%	6.14%
2019	6.27%	4.45%
2018	8.21%	4.58%
2017	7.29%	3.71%
2016	8.62%	3.49%
2015	8.14%	2.56%
2014	8.57%	0.00%
2013	9.58%	0.00%
2012	8.95%	0.00%
2011	9.51%	0.00%
2010	9.17%	0.00%
2009	9.79%	0.00%
2008	20.46%	0.00%
2007	9.50%	0.00%
2006	7.26%	0.00%
2005	9.83%	0.00%
2004	8.59%	0.00%
2003	9.16%	0.00%