PFO vs SMDX

Comparison between Flaherty & Crumrine Preferred and Income Opportunity Fund Inc (PFO, ETF) and INTECH S&P SMALL-MID CAP DIVERSIFIED ALPHA ETF (SMDX, ETF).

PFO vs SMDX - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	PFO(ETF)	SMDX(ETF)
Net Assets	$133M	$133M
Expense Ratio	N/A	0.35%
Max Drawdown	83.18%	14.52%
Sharpe Ratio	0.24	1.18
5Y Beta	0.33	0.94
P/E Ratio	N/A	21.98
Forward P/E	N/A	15.64
5Y Dividends CAGR	-2.72%	N/A
5Y EPS CAGR	N/A	15.36%
Debt to Equity	N/A	35.89%
P/S Ratio	N/A	1.36
P/B Ratio	N/A	2.69

Net Assets

PFO

$133M

Winner

SMDX

$133M

Expense Ratio

PFO

N/A

SMDX

0.35%

Max Drawdown

PFO

83.18%

Winner

SMDX

14.52%

Sharpe Ratio

PFO

0.24

Winner

SMDX

1.18

5Y Beta

Winner

PFO

0.33

SMDX

0.94

P/E Ratio

PFO

N/A

SMDX

21.98

Forward P/E

PFO

N/A

SMDX

15.64

5Y Dividends CAGR

PFO

-2.72%

SMDX

N/A

5Y EPS CAGR

PFO

N/A

SMDX

15.36%

Debt to Equity

PFO

N/A

SMDX

35.89%

P/S Ratio

PFO

N/A

SMDX

1.36

P/B Ratio

PFO

N/A

SMDX

2.69

PFO vs SMDX - Historical Returns

Returns include dividend reinvestment.

Period	PFO	SMDX
1 month	-0.87%	+0.57%
3 months	-1.17%	+4.05%
6 months	-2.26%	+11.39%
1 year	+5.34%	+22.56%
5 years(CAGR)	-0.63%	N/A
10 years(CAGR)	+3.81%	N/A
Max(CAGR)	+7.15%	+22.58%

PFO

-0.87%

Winner

SMDX

+0.57%

PFO

-1.17%

Winner

SMDX

+4.05%

PFO

-2.26%

Winner

SMDX

+11.39%

PFO

+5.34%

Winner

SMDX

+22.56%

5Y(CAGR)

PFO

-0.63%

SMDX

N/A

10Y(CAGR)

PFO

+3.81%

SMDX

N/A

Max(CAGR)

PFO

+7.15%

Winner

SMDX

+22.58%

PFO vs SMDX - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	PFO	SMDX
2026	-0.55%	+14.99%
2025	+11.59%	+14.21%
2024	+21.08%	N/A
2023	-2.15%	N/A
2022	-26.67%	N/A
2021	+5.84%	N/A
2020	+13.55%	N/A
2019	+19.59%	N/A
2018	-3.86%	N/A
2017	+13.17%	N/A
2016	+12.87%	N/A
2015	-0.19%	N/A
2014	+22.10%	N/A
2013	-4.32%	N/A
2012	+11.19%	N/A
2011	+27.17%	N/A
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 SMDX Drawdown Comparison

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

The maximum drawdown for SMDX was -14.52%, occurring on Apr 7, 2025. Recovery took 50 trading sessions.

The current PFO drawdown is -5.19%. The current SMDX drawdown is -2.15%.

Rank	PFO	SMDX
#1	-77.42% Mar 28, 2007 - Mar 18, 2010	-14.52% Feb 28, 2025 - May 12, 2025
#2	-48.97% Feb 21, 2020 - Oct 15, 2020	-8.66% Feb 6, 2026 - Apr 14, 2026
#3	-40.11% Jul 7, 2021 - Oct 19, 2023	-6.74% Oct 27, 2025 - Nov 28, 2025
#4	-20.60% Apr 23, 2013 - May 16, 2014	-5.15% Sep 11, 2025 - Oct 24, 2025
#5	-20.28% Apr 21, 2015 - Mar 28, 2016	-4.44% May 6, 2026 - Jun 4, 2026
#6	-20.05% Jul 21, 2011 - Dec 19, 2011	-3.79% Jul 25, 2025 - Aug 12, 2025
#7	-19.67% Nov 9, 2018 - May 8, 2019	-3.74% May 16, 2025 - Jun 23, 2025
#8	-18.41% Mar 26, 2004 - Sep 7, 2005	-3.16% Jul 10, 2025 - Jul 25, 2025
#9	-17.71% Sep 7, 2005 - Jan 9, 2007	-2.70% Jun 30, 2026 - Jul 8, 2026
#10	-16.67% Aug 10, 2016 - Apr 20, 2017	-2.52% Dec 11, 2025 - Jan 6, 2026
#11	-15.36% Sep 14, 2010 - Feb 28, 2011	-2.21% Apr 20, 2026 - May 6, 2026
#12	-15.12% Jan 5, 2000 - Dec 29, 2000	-1.76% Aug 13, 2025 - Aug 22, 2025
#13	-12.87% May 13, 2010 - Aug 6, 2010	-1.69% Jan 15, 2026 - Jan 21, 2026
#14	-12.70% Aug 23, 2002 - Dec 24, 2002	-1.56% Jan 21, 2026 - Feb 4, 2026
#15	-12.63% Jul 17, 2017 - Aug 21, 2018	-1.55% Jun 12, 2026 - Jun 25, 2026

Correlation

Correlation between PFO and SMDX is 0.79 which considered as a strong positive correlation - the stocks tend to move together.

0.79

-101

Dividend Comparison (2000 - 2026)

PFO vs SMDX dividend yield comparison.

Year	PFO	SMDX
2026	3.63%	0.00%
2025	6.84%	0.61%
2024	6.75%	0.00%
2023	7.18%	0.00%
2022	8.73%	0.00%
2021	6.49%	0.00%
2020	6.10%	0.00%
2019	6.31%	0.00%
2018	7.55%	0.00%
2017	7.25%	0.00%
2016	8.03%	0.00%
2015	8.21%	0.00%
2014	7.58%	0.00%
2013	8.69%	0.00%
2012	9.09%	0.00%
2011	8.37%	0.00%
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%