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PFFV vs TLTX

Global X Variable Rate Preferred ETF vs Global X Treasury Bond Enhanced Income ETF

PFFV

Global X Variable Rate Preferred ETF

Global X Funds

Annual cost

0.25%

Fund size

$302M

TLTX

Global X Treasury Bond Enhanced Income ETF

Global X Funds

Annual cost

0.29%

Fund size

$8M

Key differences

  • PFFV is significantly larger than TLTX — larger funds tend to be more liquid and less likely to close.
  • PFFV is classified as fixed income, while TLTX is alternative — different risk/return profiles.
  • PFFV follows a index tracking strategy; TLTX uses option income.
  • PFFV has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

PFFVTLTX
Annual cost (TER)0.25%0.29%
Fund size (AUM)$302M$8M
Since20202025
Dividend yield8.13%
Asset classfixed incomealternative
Regionnorth americanorth america
Strategyindex trackingoption income
CAGR 1Y+5.6%N/A
CAGR 3Y+8.7%N/A
CAGR 5Y+2.6%N/A
Sharpe 3Y0.79N/A
Volatility 1Y4.20%
Max drawdown-18.95%-6.35%

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

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