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PREF vs PQDI

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

PREF

Principal Spectrum Preferred Securities Active ETF

Annual cost

0.55%

Fund size

$1.5B

PQDI

Principal Spectrum Preferred and Income ETF

Annual cost

0.60%

Fund size

$69M

Key differences

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

Side-by-side comparison

PREFPQDI
Annual cost (TER)0.55%0.60%
Fund size (AUM)$1.5B$69M
Since20172020
Dividend yield5.03%5.17%
Asset classfixed incomealternative
Regionglobalnorth america
Strategyactive selectionoption income
CAGR 1Y+7.0%+7.8%
CAGR 3Y+9.8%+9.7%
CAGR 5Y+3.2%+3.4%
Sharpe 3Y1.631.81
Volatility 1Y3.08%3.21%
Max drawdown-22.99%-17.42%

Similar to PREF and PQDI