PFO vs IHD

Comparison between Flaherty & Crumrine Preferred and Income Opportunity Fund Inc (PFO, ETF) and Voya Emerging Markets High Dividend Equity Fund (IHD, ETF).

5-Year PerformanceIHD has outperformed PFO, delivering a return of +10.1% compared to -0.7%

PFO vs IHD - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	PFO(ETF)	IHD(ETF)
Net Assets	$133M	$134M
Max Drawdown	83.18%	77.82%
Sharpe Ratio	0.57	2.26
5Y Beta	0.33	0.64
5Y Dividends CAGR	-4.19%	-0.14%

Net Assets

PFO

$133M

Winner

IHD

$134M

Max Drawdown

PFO

83.18%

Winner

IHD

77.82%

Sharpe Ratio

PFO

0.57

Winner

IHD

2.26

5Y Beta

Winner

PFO

0.33

IHD

0.64

5Y Dividends CAGR

PFO

-4.19%

Winner

IHD

-0.14%

PFO vs IHD - Historical Returns

Returns include dividend reinvestment.

Period	PFO	IHD
1 month	-1.12%	+8.18%
3 months	-0.90%	+23.65%
6 months	+0.59%	+31.82%
1 year	+7.73%	+51.84%
5 years(CAGR)	-0.68%	+10.12%
10 years(CAGR)	+4.23%	+11.94%
Max(CAGR)	+7.17%	+4.49%

PFO

-1.12%

Winner

IHD

+8.18%

PFO

-0.90%

Winner

IHD

+23.65%

PFO

+0.59%

Winner

IHD

+31.82%

PFO

+7.73%

Winner

IHD

+51.84%

5Y(CAGR)

PFO

-0.68%

Winner

IHD

+10.12%

10Y(CAGR)

PFO

+4.23%

Winner

IHD

+11.94%

Max(CAGR)

Winner

PFO

+7.17%

IHD

+4.49%

PFO vs IHD - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	PFO	IHD
2026	-0.94%	+27.41%
2025	+11.59%	+38.14%
2024	+21.08%	+8.90%
2023	-2.15%	+12.99%
2022	-26.67%	-17.91%
2021	+5.84%	+7.09%
2020	+13.55%	+0.64%
2019	+19.59%	+20.16%
2018	-3.86%	-11.36%
2017	+13.17%	+28.27%
2016	+12.87%	+17.18%
2015	-0.19%	-19.00%
2014	+22.10%	-2.10%
2013	-4.32%	-14.40%
2012	+11.19%	+22.18%
2011	+27.17%	-28.91%
2010	+23.40%	N/A
2009	+83.83%	N/A
2008	-47.04%	N/A
2007	-17.95%	N/A
2006	+15.92%	N/A
2005	-11.38%	N/A
2004	+2.06%	N/A
2003	+24.31%	N/A
2002	+10.31%	N/A
2001	+22.96%	N/A
2000	+1.79%	N/A
1999	-1.14%	N/A

PFO vs IHD Drawdown Comparison

The maximum drawdown for PFO was -77.42%, occurring on Oct 10, 2008. Recovery took 749 trading sessions.

The maximum drawdown for IHD was -48.76%, occurring on Jan 20, 2016. Recovery took 2432 trading sessions.

The current PFO drawdown is -5.55%. The current IHD drawdown is -2.37%.

Rank	PFO	IHD
#1	-77.42% Mar 28, 2007 - Mar 18, 2010	-48.76% May 10, 2011 - Jan 7, 2021
#2	-48.97% Feb 21, 2020 - Oct 15, 2020	-36.21% Jun 10, 2021 - May 13, 2025
#3	-40.11% Jul 7, 2021 - Oct 19, 2023	-11.14% Feb 20, 2026 - Apr 14, 2026
#4	-20.60% Apr 23, 2013 - May 16, 2014	-7.77% Jan 20, 2021 - Feb 11, 2021
#5	-20.28% Apr 21, 2015 - Mar 28, 2016	-6.77% Feb 19, 2021 - May 7, 2021
#6	-20.05% Jul 21, 2011 - Dec 19, 2011	-6.16% Oct 27, 2025 - Dec 26, 2025
#7	-19.67% Nov 9, 2018 - May 8, 2019	-5.15% Oct 7, 2025 - Oct 27, 2025
#8	-18.41% Mar 26, 2004 - Sep 7, 2005	-4.17% May 11, 2026 - May 26, 2026
#9	-17.71% Sep 7, 2005 - Jan 9, 2007	-3.08% May 7, 2021 - May 20, 2021
#10	-16.67% Aug 10, 2016 - Apr 20, 2017	-2.50% Jan 28, 2026 - Feb 9, 2026
#11	-15.36% Sep 14, 2010 - Feb 28, 2011	-2.37% Jun 3, 2026 - Jun 5, 2026
#12	-15.12% Jan 5, 2000 - Dec 29, 2000	-1.93% Jul 23, 2025 - Aug 7, 2025
#13	-12.87% May 13, 2010 - Aug 6, 2010	-1.79% Apr 22, 2026 - May 4, 2026
#14	-12.70% Aug 23, 2002 - Dec 24, 2002	-1.72% Jun 11, 2025 - Jun 24, 2025
#15	-12.63% Jul 17, 2017 - Aug 21, 2018	-1.69% Jul 3, 2025 - Jul 23, 2025

Correlation

Correlation between PFO and IHD is 0.66 which considered as a moderate positive correlation - the stocks show some tendency to move together.

0.66

-101

Dividend Comparison (2000 - 2026)

PFO vs IHD dividend yield comparison.

Year	PFO	IHD
2026	3.01%	3.51%
2025	6.84%	10.53%
2024	6.75%	12.57%
2023	7.18%	10.21%
2022	8.73%	13.95%
2021	6.49%	10.14%
2020	6.10%	9.92%
2019	6.31%	9.14%
2018	7.55%	10.15%
2017	7.25%	8.31%
2016	8.03%	11.74%
2015	8.21%	14.00%
2014	7.58%	11.12%
2013	8.69%	11.03%
2012	9.09%	10.39%
2011	8.37%	9.18%
2010	8.67%	0.00%
2009	7.35%	0.00%
2008	16.63%	0.00%
2007	8.40%	0.00%
2006	6.40%	0.00%
2005	7.76%	0.00%
2004	7.04%	0.00%
2003	6.33%	0.00%
2002	7.85%	0.00%
2001	7.46%	0.00%
2000	3.28%	0.00%