PFXF - VanEck Vectors Preferred Securities ex Financials ETF

NYSEArca - Nasdaq Real Time Price. Currency in USD
19.64
+0.01 (+0.05%)
As of 10:04AM EDT. Market open.
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Previous Close19.63
Open19.63
Bid0.00 x 4000
Ask0.00 x 3200
Day's Range19.63 - 19.65
52 Week Range17.20 - 19.84
Volume21,698
Avg. Volume148,393
Net Assets593.16M
NAV19.62
PE Ratio (TTM)N/A
Yield5.60%
YTD Return13.14%
Beta (3Y Monthly)1.01
Expense Ratio (net)0.41%
Inception Date2012-07-16
Trade prices are not sourced from all markets
  • 5 High-Fee ETFs Worth Buying Despite Hefty Expense Ratios
    InvestorPlace6 days ago

    5 High-Fee ETFs Worth Buying Despite Hefty Expense Ratios

    It is not up for debate that one of the primary selling points of exchange-traded funds (ETFs) is low fees. Earlier this year, Morningstar said investors saved $5.5 billion last year due to declining fund fees, including ETFs."The study found that across U.S. funds, the asset-weighted expense ratio dropped to 0.48% in 2018, compared to 0.51% in 2017," according to Morningstar. "As a result, investors saved an estimated $5.5 billion in fund fees in 2018. This 6% percent year-over-year decline is the second largest recorded since Morningstar began tracking asset-weighted fees in 2000."In more good news for ETF investors, fees are falling. As part of their efforts to lure investors, fund sponsors are continually lowering expense ratios on ETFs, some to rock-bottom levels, or in some cases, no fees at all.InvestorPlace - Stock Market News, Stock Advice & Trading TipsA byproduct of all these cheap ETFs on the market is that investors frequently think that the cheapest funds are the best funds. While fees certainly are a meaningful consideration for long-term investors, there are cases where higher-priced ETFs merit those higher fees.Consider the following, hypothetical example. ETF "A" and ETF "B" both track tech stocks. ETF charges 0.50% per year, or $50 on a $10,000 investment, while ETF "B" charges 0.10%. Over the past five years, ETF "A" is up 100% while ETF "B" is up just 50%. Simple math says ETF "A" was the better ETF to buy despite its higher fee. * 7 Dark Horse Stocks Winning the Race in 2019 Here are some higher fee ETFs to buy that earn those expensive expense ratios. Cambria Shareholder Yield ETF (SYLD)Source: Shutterstock Expense ratio: 0.59% per year, or $59 on a $10,000 investment.There are plenty of inexpensive dividend ETFs on the market today and most of the funds that are dedicated to the buyback theme are not really expensive, either. However, the Cambria Shareholder Yield ETF (CBOE:SYLD) has a unique approach to shareholder rewards that merits paying up for.This ETF to buy has nearly $105 million in assets under management and tracks the Cambria Shareholder Yield Index. That benchmark is "comprised of the 100 companies with the best combined rank of dividend payments and net stock buybacks, which are the key components of shareholder yield," according to Cambria.With SYLD, investors are also getting multi-factor exposure because many of its holdings are considered to be quality and/or value stocks. This ETF to buy devotes nearly 53% of its weight to the financial services and consumer discretionary sectors. First Trust North American Energy Infrastructure Fund (EMLP)Source: Shutterstock Expense ratio: 0.95%There are master limited partnership (MLPs) with higher fees than the First Trust North American Energy Infrastructure Fund (NYSEARCA:EMLP) and there are some with lower fees. On a standalone basis, EMLP's annual expense ratio is high relative to the broader universe of passively managed ETFs and actively managed mutual funds. This ETF to buy is an active fund.Simply put, this ETF to buy earns its above-average fee because, even through some trying times for the energy sector, EMLP delivers performance. Over the past three years, EMLP is up 19.40%, dominating a slew of cheap MLP and broader energy sector funds along the way. * 6 Chinese Stocks to Sell That Are Suffering From a Digital Ad Slowdown Credit the active management behind the fund. Moreover, EMLP's risk-adjusted returns over those three years are stellar as the fund has displayed significantly less volatility than rival MLP and energy ETFs during that period. VanEck Vectors Preferred Securities ex Financials ETF (PFXF)Source: Shutterstock Expense ratio: 0.41%To be fair, the VanEck Vectors Preferred Securities ex Financials ETF (NYSEARCA:PFXF) is cheaper than all but one preferred stock ETF, but this ETF to buy is considerably pricier than traditional bond funds. Regardless of how investors view PFXF's expense ratio, this is an ETF to buy because it is one of the best options in this particular asset class.Over the past three years, PFXF has beaten the largest preferred ETF by 410 basis points and for yield-hungry investors looking for more flair with their fixed income offerings, PFXF topped the Bloomberg Barclays Aggregate Bond Index by wide margins over those three years despite carrying a higher fee than funds tracking that bond benchmark.PFXF holds 117 preferred stocks and has 30-day SEC yield of 5.71%, giving it a better income profile than a slew of cheaper government and investment-grade corporate bond ETFs. Invesco Dynamic Software ETF (PSJ)Source: Shutterstock Expense ratio: 0.63%Domestic sector funds are inexpensive. Some sector ETFs even have annual fees of just over 0.08%, but when it comes to industry funds, such as those tracking software stocks, investors should expect to pay more. However, the Invesco Dynamic Software ETF (NYSEARCA:PSJ) is pricey compared to the broader universe of domestic equity sector funds.Still, this is an industry ETF to buy for tech investors. PSJ's underlying index uses a unique methodology that "is designed to provide capital appreciation by thoroughly evaluating companies based on a variety of investment merit criteria, including: price momentum, earnings momentum, quality, management action, and value," according to Invesco. * 4 Technology Stocks Blasting Higher Here are three factors making PSJ an ETF to buy: 1) over the past three years the fund has trounced broader technology ETFs and the Nasdaq-100 Index 2) PSJ has a five-star Morningstar rating 3) the return on equity of PSJ's components is a stellar 36.61%. ProShares S&P MidCap 400 Dividend Aristocrats ETF (REGL)Source: Shutterstock Expense ratio: 0.40%The ProShares S&P MidCap 400 Dividend Aristocrats ETF (CBOE:REGL) is by no means alarmingly expensive. It is merely pricey compared to basic, passively managed index funds that track the S&P MidCap 400 Index. That is not surprising because dividend funds are usually more expensive than basic cap-weighted equity strategies.REGL follows the S&P MidCap 400 Dividend Aristocrats Index, which mandates that member firms have boosted payouts for 15 consecutive years. The strategy is a winner. Over the past three years, this ETF to buy has outperformed the S&P MidCap 400 by nearly 200 basis points with less volatility.Adding to REGL's ETF to buy status, the fund ranks No. 2 in Morningstar's universe of 373 mid-cap value funds. REGL allocates 46.60% of its weight to financial services and industrial stocks.Todd Shriber does not own any of the aforementioned securities. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 Dark Horse Stocks Winning the Race in 2019 * 6 Chinese Stocks to Sell That Are Suffering From a Digital Ad Slowdown * 4 Technology Stocks Blasting Higher Compare Brokers The post 5 High-Fee ETFs Worth Buying Despite Hefty Expense Ratios appeared first on InvestorPlace.

  • Business Wire17 days ago

    Announcing VanEck Vectors ETFs’ May 2019 Distributions

    VanEck announced today its distributions per share for its VanEck Vectors® exchange-traded funds.

  • 5 High-Yield Preferred ETFs That Are Soaring
    InvestorPlace20 days ago

    5 High-Yield Preferred ETFs That Are Soaring

    Amid a more sanguine outlook for U.S. interest rates and investors' recent preference for defensive asset classes, some high-yield assets are soaring and receiving renewed attention from investors. That includes preferred stocks and preferred ETFs.The iShares Preferred and Income Securities ETF (NASDAQ:PFF), the largest preferred ETF by assets, is higher by nearly 9% year-to-date and boasts a 30-day SEC yield of 5.28%, well above what investors will find on the S&P 500 or aggregate bond funds.Preferred stocks have bond and equity traits. Like common stocks, preferred prices fluctuate throughout the day. However, preferreds generate most of their returns from dividends and preferred shareholders are higher on the totem pole than common equity shareholders in the event the issuing company defaults or goes bankrupt.InvestorPlace - Stock Market News, Stock Advice & Trading TipsLikewise, preferred stocks are assigned par values, as is the case with bonds, have maturity dates and can be vulnerable to rising interest rates, traits often associated with bonds. * 7 Utility Stocks to Trust for Retirement Here are some of this year's best-performing preferred ETFs for income-hungry investors to consider. VanEck Vectors Preferred Securities ex Financials ETF (PFXF)Source: Shutterstock Expense ratio: 0.41% per year, or $41 on a $10,000 investment.Soon to be seven years old, the VanEck Vectors Preferred Securities ex Financials ETF (NYSEARCA:PFXF) was the first preferred ETF to set itself apart from legacy funds in this category. PFXF does that by excluding preferred stocks issued by financial services companies, which is no small tax considering the spate of preferreds issued by that sector following the global financial crisis.This preferred ETF tracks the Wells Fargo Hybrid and Preferred Securities ex Financials Index and holds 113 preferred stocks. With financials excluded from this preferred ETF, PFXF allocates nearly 71% of its combined weight to preferred stocks issued by by electric utilities, real estate and telecommunications companies.Excluding financial preferred stocks does not diminish PFXF's yield as highlighted by the preferred ETF's 30-day SEC yield of 5.77%. Additionally, PFXF's methodology has led to superior performance. Over the past three years, this preferred ETF has beaten the aforementioned PFF by 430 basis points. Virtus InfraCap U.S. Preferred Stock ETF (PFFA)Source: Simon Cunningham via FlickrExpense ratio: 0.80%The Virtus InfraCap U.S. Preferred Stock ETF (NYSEARCA:PFFA) is up 15% year-to-date, making it one of the stars among preferred ETFs this year. That is a testament to active management being a valid style with preferred stocks.PFFA's management team "evaluate potential investments on a variety of key variables, including the competitive position of a company; the perceived ability of the company to earn a high return on capital; the historical and projected stability and reliability of the profits of the company; the anticipated ability of the company to generate cash in excess of its growth needs; and the access of the company to additional capital," according to the issuer. * 5 Retail Stocks Getting Slaughtered This Earnings Season PFFA recently celebrated its first anniversary and over the preferred ETF's first year on the market, its performance has been admirable. This actively managed preferred ETF is higher by 1.60% over the past 12 months while the largest preferred is in the red over that span. Global X U.S. Preferred ETF (PFFD)Source: Shutterstock Expense ratio: 0.23%The Global X U.S. Preferred ETF (CBOE:PFFD) is a basic, but cost-effective approach to preferred stocks. This preferred ETF charges just 0.23% per year, or $23 on a $10,000 stake, making it one of the least expensive funds in this category. The average preferred ETF charges 0.43% per year.Home to nearly $260 million in assets under management, PFFD is almost two years old and follows the ICE BofAML Diversified Core U.S. Preferred Securities Index. PFFD holds 237 preferred stocks and is similar to other funds in this category in that it is heavily allocated to preferreds issued by financial services companies. Those issues represent over 70% of PFFD's weight.This preferred ETF's year-to-date performance has been steady though not staggering, but it does yield 5.70% and is a solid bet for cost-conscious, income-seeking investors. InfraCap REIT Preferred ETF (PFFR)Source: Shutterstock Expense ratio: 0.45%The InfraCap REIT Preferred ETF (NYSEARCA:PFFR) is unique among preferred ETFs in that this fund focuses on preferred stocks issued by real estate investment trusts (REITs), a sector that is a major issuer of preferred stock. Broadly speaking, REITs are delivering for investors this year, a theme that is trickling down to PFFR, which is up almost 12%.Exclusive of each other, preferreds and REITs are high-yield assets. Combined, the yield scenario becomes alluring as highlighted by PFFR's yield of 5.89%. There are other benefits to considering preferred stocks issued by REITs."These securities are also typically exposed to less leverage with generally more predictable revenue streams than those issued by banks and insurance companies," according to PFFR's issuer. * 5 Large-Cap Stocks Getting Crushed in the Trade War This preferred ETF is heavily allocated to mortgage REITs and various types of property REITs, including hotels, residential and storage facilities. Innovator S&P Investment Grade Preferred ETF (EPRF)Source: Shutterstock Expense ratio: 0.47%Like some of the other preferred ETFs highlighted here, the Innovator S&P Investment Grade Preferred ETF (CBOE:EPRF) has a dedicated niche. In the case of EPRF, this preferred ETF focuses on preffereds issued by investment-grade companies.The fund's underlying index, the S&P U.S. High Quality Preferred Stock Index, "selects floating, variable and fixed-rate investment grade preferred issues (BBB- or higher) from U.S. listed preferred stocks on a quarterly basis," according to the issuer.EPRF holds 110 preferred stocks and like other preferred ETFs, the fund has a hefty 71.25% weight to preferreds issued by financial services companies. Preferreds issued by utilities and real estate companies combine for over 26% of EPRF's roster.Over 92% of EPRF's holdings are rated BBB on the S&P ratings scale and the fund has a yield of 5.15%.Todd Shriber does not own any of the aforementioned securities.Compare Brokers The post 5 High-Yield Preferred ETFs That Are Soaring appeared first on InvestorPlace.

  • Business Wire2 months ago

    Announcing VanEck Vectors ETFs’ April 2019 Distributions

    VanEck announced today its distributions per share for its VanEck Vectors® exchange-traded funds.

  • Business Wire3 months ago

    Announcing VanEck Vectors ETFs’ March 2019 Distributions

    VanEck announced today its distributions per share for its VanEck Vectors® exchange-traded funds.

  • Business Wire4 months ago

    Announcing VanEck Vectors ETFs’ February 2019 Distributions

    VanEck announced today its distributions per share for its VanEck Vectors® exchange-traded funds.

  • Business Wire5 months ago

    Announcing VanEck Vectors ETFs’ January 2019 Distributions

    VanEck announced today its regular distributions per share for the VanEck Vectors® municipal income and income-oriented exchange-traded funds.

  • Business Wire6 months ago

    Announcing VanEck Vectors ETFs' December 2018 Distributions

    VanEck announced today its regular distributions per share for the VanEck Vectors municipal income and income-oriented exchange-traded funds.

  • Business Wire7 months ago

    Announcing VanEck Vectors ETFs’ November 2018 Distributions

    VanEck announced today its regular distributions per share for the VanEck Vectors® municipal income and income-oriented exchange-traded funds.

  • Business Wire7 months ago

    VanEck Announces Preliminary Yearend Distribution Estimates for VanEck Vectors Income ETFs

    VanEck announced today preliminary yearend distribution estimates for its VanEck Vectors® income exchange-traded funds.

  • Business Wire8 months ago

    Announcing VanEck Vectors ETFs’ October 2018 Distributions

    VanEck announced today its regular distributions per share for the VanEck Vectors® municipal income and income-oriented exchange-traded funds.

  • Business Wire9 months ago

    Announcing VanEck Vectors ETFs’ September 2018 Distributions

    VanEck announced today its regular distributions per share for the VanEck Vectors® municipal income and income-oriented exchange-traded funds.

  • Business Wire10 months ago

    Announcing VanEck Vectors ETFs’ August 2018 Distributions

    VanEck announced today its regular distributions per share for the VanEck Vectors® municipal income and income-oriented exchange-traded funds.

  • Business Wire11 months ago

    Announcing VanEck Vectors ETFs’ July 2018 Distributions

    VanEck announced today its regular distributions per share for the VanEck Vectors® municipal income and income-oriented exchange-traded funds.

  • The 10 Best Dividend Funds to Buy Now
    InvestorPlace11 months ago

    The 10 Best Dividend Funds to Buy Now

    The best dividend funds on the market all share one thing in common: They’re not one-size-fits-all.

  • Business Wirelast year

    Announcing VanEck Vectors ETFs’ June 2018 Distributions

    VanEck announced today its regular distributions per share for the VanEck Vectors® municipal income and income-oriented exchange-traded funds.