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PAVE vs PFFV

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

PAVE

Global X U.S. Infrastructure Development ETF

Annual cost

0.47%

Fund size

$13.4B

PFFV

Global X Variable Rate Preferred ETF

Annual cost

0.25%

Fund size

$302M

Key differences

  • PFFV costs 0.22% less per year.
  • PAVE is significantly larger than PFFV — larger funds tend to be more liquid and less likely to close.
  • PAVE is classified as equity, while PFFV is fixed income — different risk/return profiles.
  • Over the last 3 years, PAVE has delivered higher annualized returns.

Side-by-side comparison

PAVEPFFV
Annual cost (TER)0.47%0.25%
Fund size (AUM)$13.4B$302M
Since20172020
Dividend yield0.77%8.13%
Asset classequityfixed income
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y+39.0%+5.8%
CAGR 3Y+27.3%+8.9%
CAGR 5Y+17.8%+2.7%
Sharpe 3Y1.110.81
Volatility 1Y18.91%4.20%
Max drawdown-44.08%-18.95%

Similar to PAVE and PFFV