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EPRF vs PFF

Innovator S&P Investment Grade Preferred ETF vs iShares Preferred and Income Securities ETF

EPRF

Innovator S&P Investment Grade Preferred ETF

Innovator ETFs

Annual cost

0.47%

Fund size

$72M

PFF

iShares Preferred and Income Securities ETF

iShares

Annual cost

0.45%

Fund size

$13.9B

Key differences

  • PFF is significantly larger than EPRF — larger funds tend to be more liquid and less likely to close.
  • EPRF is classified as alternative, while PFF is fixed income — different risk/return profiles.
  • EPRF follows a structured outcome strategy; PFF uses index tracking.
  • Over the last 3 years, PFF has delivered higher annualized returns.
  • PFF has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

EPRFPFF
Annual cost (TER)0.47%0.45%
Fund size (AUM)$72M$13.9B
Since20162007
Dividend yield6.08%5.65%
Asset classalternativefixed income
Regionnorth americanorth america
Strategystructured outcomeindex tracking
CAGR 1Y+4.0%+10.4%
CAGR 3Y+4.0%+8.0%
CAGR 5Y-1.5%+1.9%
Sharpe 3Y0.090.53
Volatility 1Y7.59%6.79%
Max drawdown-26.82%-34.10%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

Similar to EPRF and PFF