Screener
LCAP vs PREF
Principal Capital Appreciation Select ETF vs Principal Spectrum Preferred Securities Active ETF
Key differences
LCAP is an equity ETF, while PREF is a fixed income ETF. LCAP charges 0.29% a year and PREF 0.55%.
- LCAP is an equity fund, while PREF is a fixed income fund. They carry different risk/return profiles.
- LCAP covers North America; PREF covers global markets.
- LCAP costs 0.26% less per year.
- PREF is much larger than LCAP. Larger funds are usually more liquid and less likely to close.
- PREF has a longer track record, which may reduce uncertainty around long-term behavior.
Side-by-side comparison
| LCAP | PREF | |
|---|---|---|
| Annual cost (TER) | 0.29% | 0.55% |
| Fund size (AUM) | $319M | $1.7B |
| Since | 2025 | 2017 |
| Dividend yield | 0.10% | 5.08% |
| Asset class | equity | fixed income |
| Region | north america | global |
| Strategy | active selection | active selection |
| CAGR 1Y | +22.6% | +6.0% |
| CAGR 3Y | N/A | +9.1% |
| CAGR 5Y | N/A | +3.1% |
| Sharpe 3Y | N/A | 1.43 |
| Volatility 1Y | 13.15% | 3.09% |
| Max drawdown | -11.31% | -22.99% |
Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.