NYSEArca - Delayed Quote USD

Principal Spectrum Preferred Securities Active ETF (PREF)

18.76
-0.01
(-0.05%)
At close: June 13 at 4:00:00 PM EDT
18.76
0.00
(0.00%)
After hours: June 13 at 4:05:02 PM EDT

ETF Summary

Under normal circumstances, the fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in preferred securities at the time of purchase. Examples of preferred securities include preferred stock, certain depositary receipts, and various types of junior subordinated debt (such debt generally includes the contractual ability to defer payment of interest without accelerating an immediate default event). It concentrates its investments (invests more than 25% of its net assets) in securities in one or more industries within the financial services sector.

Risk Overview

Performance & Risk

YTD Return 2.87%
5y Average Return 3.81%
Rank in Category (ytd) --
% Rank in Category (ytd) --
Beta (5Y Monthly) 0.69
Morningstar Risk Rating --

Risk Statistics

3 Years 5 Years 10 Years
PREFCategory AveragePREFCategory AveragePREFCategory Average
Alpha 3.72 2.62 3.97 5.15 0 2.52
BETA 0.69 0.98 0.72 1.01 0 0.94
Mean Annual Return 0.53 0.37 0.36 0.37 0 0.35
R-squared 44.09 40.38 44.2 38.5 0 23.82
Standard Deviation 7.66 11.12 6.88 10.14 0 9.81
Sharpe Ratio 0.22 0 0.2 0.16 0 0.23
Treynor Ratio 2.08 -0.53 1.62 1.24 0 2.09

Related Tickers