PFXF vs CWI

Comparison between VANECK PREFERRED SECURITIES EX FINANCIALS ETF (PFXF, ETF) and SPDR(R) MSCI ACWI EX-US ETF (CWI, ETF).

5-Year PerformanceCWI has outperformed PFXF, delivering a return of +9.0% compared to +4.6%

PFXF vs CWI - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	PFXF(ETF)	CWI(ETF)
Net Assets	$2.20B	$2.30B
Expense Ratio	0.40%	0.30%
Max Drawdown	37.25%	62.39%
Sharpe Ratio	1.84	1.88
5Y Beta	0.39	0.75
5Y Dividends CAGR	5.74%	16.94%

Net Assets

PFXF

$2.20B

Winner

CWI

$2.30B

Expense Ratio

PFXF

0.40%

Winner

CWI

0.30%

Max Drawdown

Winner

PFXF

37.25%

CWI

62.39%

Sharpe Ratio

PFXF

1.84

Winner

CWI

1.88

5Y Beta

Winner

PFXF

0.39

CWI

0.75

5Y Dividends CAGR

PFXF

5.74%

Winner

CWI

16.94%

PFXF vs CWI - Historical Returns

Returns include dividend reinvestment.

Period	PFXF	CWI
1 month	+6.19%	+4.67%
3 months	+4.53%	+3.49%
6 months	+11.36%	+16.31%
1 year	+21.31%	+35.69%
5 years(CAGR)	+4.62%	+8.97%
10 years(CAGR)	+5.58%	+10.09%
Max(CAGR)	+5.78%	+5.44%

Winner

PFXF

+6.19%

CWI

+4.67%

Winner

PFXF

+4.53%

CWI

+3.49%

PFXF

+11.36%

Winner

CWI

+16.31%

PFXF

+21.31%

Winner

CWI

+35.69%

5Y(CAGR)

PFXF

+4.62%

Winner

CWI

+8.97%

10Y(CAGR)

PFXF

+5.58%

Winner

CWI

+10.09%

Max(CAGR)

Winner

PFXF

+5.78%

CWI

+5.44%

PFXF vs CWI - Annual Returns (2007 - 2026)

Returns include dividend reinvestment.

Year	PFXF	CWI
2026	+7.21%	+10.60%
2025	+8.88%	+32.76%
2024	+8.29%	+7.58%
2023	+10.52%	+15.05%
2022	-18.62%	-15.80%
2021	+12.47%	+8.00%
2020	+7.34%	+8.58%
2019	+19.71%	+22.09%
2018	-3.18%	-14.65%
2017	+7.69%	+25.95%
2016	+5.79%	+6.67%
2015	-2.03%	-4.94%
2014	+15.44%	-1.28%
2013	-2.29%	+12.22%
2012	+4.44%	+13.69%
2011	N/A	-14.44%
2010	N/A	+8.51%
2009	N/A	+35.42%
2008	N/A	-41.96%
2007	N/A	+15.36%

PFXF vs CWI Drawdown Comparison

The maximum drawdown for PFXF was -35.50%, occurring on Mar 18, 2020. Recovery took 193 trading sessions.

The maximum drawdown for CWI was -60.77%, occurring on Mar 9, 2009. Recovery took 1668 trading sessions.

The current CWI drawdown is -0.42%.

Rank	PFXF	CWI
#1	-35.50% Feb 5, 2020 - Nov 9, 2020	-60.77% Oct 31, 2007 - Jun 18, 2014
#2	-21.80% Dec 31, 2021 - Sep 17, 2024	-34.64% Jan 26, 2018 - Nov 13, 2020
#3	-11.89% Oct 16, 2024 - Jul 3, 2025	-29.42% Jun 14, 2021 - May 9, 2024
#4	-10.73% Aug 29, 2018 - Feb 22, 2019	-25.24% Jul 3, 2014 - May 5, 2017
#5	-9.71% May 21, 2013 - Feb 28, 2014	-13.85% Mar 19, 2025 - May 2, 2025
#6	-8.39% Jul 29, 2016 - May 2, 2017	-12.72% Jul 13, 2007 - Oct 1, 2007
#7	-8.08% May 18, 2015 - Mar 17, 2016	-11.47% Feb 25, 2026 - May 6, 2026
#8	-5.83% Feb 25, 2026 - Apr 16, 2026	-9.50% Sep 26, 2024 - Mar 17, 2025
#9	-5.05% Dec 11, 2017 - Jun 11, 2018	-8.03% Jul 12, 2024 - Aug 23, 2024
#10	-4.93% Oct 27, 2025 - Dec 18, 2025	-7.91% Feb 26, 2007 - Apr 3, 2007
#11	-3.70% Oct 18, 2012 - Dec 31, 2012	-4.96% Nov 12, 2025 - Dec 10, 2025
#12	-3.04% Jan 20, 2021 - Mar 12, 2021	-4.92% Feb 16, 2021 - Apr 15, 2021
#13	-3.03% Nov 5, 2021 - Dec 17, 2021	-4.58% Jan 21, 2021 - Feb 9, 2021
#14	-2.72% Jul 28, 2014 - Aug 20, 2014	-4.21% Jul 23, 2025 - Aug 13, 2025
#15	-2.70% Sep 2, 2021 - Oct 20, 2021	-3.82% Aug 23, 2024 - Sep 19, 2024

Correlation

Correlation between PFXF and CWI is 0.94 which considered as a very strong positive correlation - the stocks move almost identically together.

0.94

-101

Dividend Comparison (2007 - 2026)

PFXF vs CWI dividend yield comparison.

Year	PFXF	CWI
2026	1.73%	0.00%
2025	6.72%	2.97%
2024	7.82%	2.89%
2023	7.88%	2.80%
2022	6.74%	3.17%
2021	4.66%	2.65%
2020	5.19%	2.07%
2019	5.35%	3.05%
2018	6.56%	2.81%
2017	5.93%	2.29%
2016	5.81%	2.45%
2015	5.99%	2.62%
2014	5.91%	3.21%
2013	6.51%	2.69%
2012	2.56%	3.15%
2011	0.00%	2.98%
2010	0.00%	2.31%
2009	0.00%	2.20%
2008	0.00%	2.17%
2007	0.00%	2.01%