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PAVE vs PFFD

Global X U.S. Infrastructure Development ETF vs Global X U.S. Preferred ETF

PAVE

Global X U.S. Infrastructure Development ETF

Annual cost

0.47%

Fund size

$13.4B

PFFD

Global X U.S. Preferred ETF

Annual cost

0.23%

Fund size

$2.2B

Key differences

  • PFFD costs 0.24% less per year.
  • PAVE is significantly larger than PFFD — larger funds tend to be more liquid and less likely to close.
  • PAVE is classified as equity, while PFFD is fixed income — different risk/return profiles.
  • Over the last 3 years, PAVE has delivered higher annualized returns.

Side-by-side comparison

PAVEPFFD
Annual cost (TER)0.47%0.23%
Fund size (AUM)$13.4B$2.2B
Since20172017
Dividend yield0.77%6.30%
Asset classequityfixed income
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y+39.0%+8.5%
CAGR 3Y+27.3%+6.6%
CAGR 5Y+17.8%+0.2%
Sharpe 3Y1.110.36
Volatility 1Y18.91%7.22%
Max drawdown-44.08%-30.93%

Similar to PAVE and PFFD