PFXF vs SPY

Comparison between VANECK PREFERRED SECURITIES EX FINANCIALS ETF (PFXF, ETF) and SPDR S&P 500 ETF Trust (SPY, ETF).

5-Year PerformanceSPY has outperformed PFXF, delivering a return of +13.3% compared to +4.6%

PFXF vs SPY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	PFXF(ETF)	SPY(ETF)
Net Assets	$2.20B	$652B
Expense Ratio	0.40%	0.09%
Max Drawdown	37.25%	56.47%
Sharpe Ratio	1.84	2.07
5Y Beta	0.39	1.00
P/E Ratio	N/A	28.24
Forward P/E	N/A	21.85
5Y Dividends CAGR	5.74%	5.43%
5Y EPS CAGR	N/A	25.79%
Debt to Equity	N/A	22.35%
P/S Ratio	N/A	3.55
P/B Ratio	N/A	5.29

Net Assets

PFXF

$2.20B

Winner

SPY

$652B

Expense Ratio

PFXF

0.40%

Winner

SPY

0.09%

Max Drawdown

Winner

PFXF

37.25%

SPY

56.47%

Sharpe Ratio

PFXF

1.84

Winner

SPY

2.07

5Y Beta

Winner

PFXF

0.39

SPY

1.00

P/E Ratio

PFXF

N/A

SPY

28.24

Forward P/E

PFXF

N/A

SPY

21.85

5Y Dividends CAGR

Winner

PFXF

5.74%

SPY

5.43%

5Y EPS CAGR

PFXF

N/A

SPY

25.79%

Debt to Equity

PFXF

N/A

SPY

22.35%

P/S Ratio

PFXF

N/A

SPY

3.55

P/B Ratio

PFXF

N/A

SPY

5.29

PFXF vs SPY - Historical Returns

Returns include dividend reinvestment.

Period	PFXF	SPY
1 month	+6.19%	+9.11%
3 months	+4.53%	+6.59%
6 months	+11.36%	+10.56%
1 year	+21.31%	+32.04%
5 years(CAGR)	+4.62%	+13.35%
10 years(CAGR)	+5.58%	+15.49%
Max(CAGR)	+5.78%	+8.50%

PFXF

+6.19%

Winner

SPY

+9.11%

PFXF

+4.53%

Winner

SPY

+6.59%

Winner

PFXF

+11.36%

SPY

+10.56%

PFXF

+21.31%

Winner

SPY

+32.04%

5Y(CAGR)

PFXF

+4.62%

Winner

SPY

+13.35%

10Y(CAGR)

PFXF

+5.58%

Winner

SPY

+15.49%

Max(CAGR)

PFXF

+5.78%

Winner

SPY

+8.50%

PFXF vs SPY - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	PFXF	SPY
2026	+7.21%	+8.27%
2025	+8.88%	+18.00%
2024	+8.29%	+25.59%
2023	+10.52%	+26.72%
2022	-18.62%	-18.64%
2021	+12.47%	+30.52%
2020	+7.34%	+17.28%
2019	+19.71%	+31.09%
2018	-3.18%	-5.24%
2017	+7.69%	+20.78%
2016	+5.79%	+13.59%
2015	-2.03%	+1.31%
2014	+15.44%	+14.56%
2013	-2.29%	+29.00%
2012	+4.44%	+14.17%
2011	N/A	+0.85%
2010	N/A	+13.14%
2009	N/A	+22.67%
2008	N/A	-36.25%
2007	N/A	+5.32%
2006	N/A	+13.85%
2005	N/A	+5.32%
2004	N/A	+10.75%
2003	N/A	+24.18%
2002	N/A	-22.42%
2001	N/A	-10.13%
2000	N/A	-8.84%
1999	N/A	+8.61%

PFXF vs SPY Drawdown Comparison

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

The maximum drawdown for SPY was -55.20%, occurring on Mar 9, 2009. Recovery took 1224 trading sessions.

Rank	PFXF	SPY
#1	-35.50% Feb 5, 2020 - Nov 9, 2020	-55.20% Oct 9, 2007 - Aug 16, 2012
#2	-21.80% Dec 31, 2021 - Sep 17, 2024	-47.50% Mar 24, 2000 - Oct 26, 2006
#3	-11.89% Oct 16, 2024 - Jul 3, 2025	-33.70% Feb 19, 2020 - Aug 10, 2020
#4	-10.73% Aug 29, 2018 - Feb 22, 2019	-24.50% Jan 3, 2022 - Dec 13, 2023
#5	-9.71% May 21, 2013 - Feb 28, 2014	-19.34% Sep 20, 2018 - Apr 12, 2019
#6	-8.39% Jul 29, 2016 - May 2, 2017	-18.76% Feb 19, 2025 - Jun 26, 2025
#7	-8.08% May 18, 2015 - Mar 17, 2016	-13.02% Jul 20, 2015 - Apr 18, 2016
#8	-5.83% Feb 25, 2026 - Apr 16, 2026	-10.10% Jan 26, 2018 - Aug 6, 2018
#9	-5.05% Dec 11, 2017 - Jun 11, 2018	-9.44% Sep 2, 2020 - Nov 11, 2020
#10	-4.93% Oct 27, 2025 - Dec 18, 2025	-9.30% Jan 19, 2000 - Mar 17, 2000
#11	-3.70% Oct 18, 2012 - Dec 31, 2012	-9.05% Jul 19, 2007 - Oct 5, 2007
#12	-3.04% Jan 20, 2021 - Mar 12, 2021	-8.88% Jan 27, 2026 - Apr 14, 2026
#13	-3.03% Nov 5, 2021 - Dec 17, 2021	-8.41% Jul 16, 2024 - Sep 19, 2024
#14	-2.72% Jul 28, 2014 - Aug 20, 2014	-7.35% Sep 14, 2012 - Jan 2, 2013
#15	-2.70% Sep 2, 2021 - Oct 20, 2021	-7.27% Sep 18, 2014 - Oct 31, 2014

Correlation

Correlation between PFXF and SPY is 0.96 which considered as a very strong positive correlation - the stocks move almost identically together.

0.96

-101

Dividend Comparison (1999 - 2026)

PFXF vs SPY dividend yield comparison.

Year	PFXF	SPY
2026	1.73%	0.24%
2025	6.72%	1.07%
2024	7.82%	1.21%
2023	7.88%	1.40%
2022	6.74%	1.65%
2021	4.66%	1.20%
2020	5.19%	1.52%
2019	5.35%	1.75%
2018	6.56%	2.04%
2017	5.93%	1.80%
2016	5.81%	2.03%
2015	5.99%	2.06%
2014	5.91%	1.87%
2013	6.51%	1.81%
2012	2.56%	2.18%
2011	0.00%	2.05%
2010	0.00%	1.80%
2009	0.00%	1.95%
2008	0.00%	3.02%
2007	0.00%	1.85%
2006	0.00%	1.73%
2005	0.00%	1.73%
2004	0.00%	1.82%
2003	0.00%	1.47%
2002	0.00%	1.70%
2001	0.00%	1.25%
2000	0.00%	1.15%
1999	0.00%	0.24%