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PQDI vs PREF

Principal Spectrum Preferred and Income ETF vs Principal Spectrum Preferred Securities Active ETF

PQDI

Principal Spectrum Preferred and Income ETF

Annual cost

0.60%

Fund size

$69M

PREF

Principal Spectrum Preferred Securities Active ETF

Annual cost

0.55%

Fund size

$1.5B

Key differences

  • PREF is significantly larger than PQDI — larger funds tend to be more liquid and less likely to close.
  • PQDI is classified as alternative, while PREF is fixed income — different risk/return profiles.
  • PQDI covers north america markets; PREF covers global.
  • PQDI follows a option income strategy; PREF uses active selection.

Side-by-side comparison

PQDIPREF
Annual cost (TER)0.60%0.55%
Fund size (AUM)$69M$1.5B
Since20202017
Dividend yield5.17%5.03%
Asset classalternativefixed income
Regionnorth americaglobal
Strategyoption incomeactive selection
CAGR 1Y+7.8%+7.0%
CAGR 3Y+9.7%+9.8%
CAGR 5Y+3.4%+3.2%
Sharpe 3Y1.811.63
Volatility 1Y3.21%3.08%
Max drawdown-17.42%-22.99%

Similar to PQDI and PREF