iShares Preferred and Income Securities ETF

iShares Preferred and Income Securities ETF

About

iShares Preferred and Income Securities ETF (US4642886877) is a US-listed equity ETF tracking the ICE Exchange-Listed Preferred & Hybrid Securities Index (USD). With a expense ratio of 0.45%, its costs are on the higher end for an ETF, paying distributions. The fund holds 457 positions with 13.0B in assets.

Score Breakdown

Scores are scaled 1–10 on a logarithmic curve relative to all ETFs in the database. Last updated: Jul 5, 2026
Component Score Details
Cost (30%) 7.7 Tracking Difference: 10.0 · TD Consistency: — · Expense Ratio: 2.4
Liquidity (25%) 10.0 Assets Under Management

Data sources: provider factsheets, exchange data, and NAV history. Information for educational purposes only — not investment advice.

Ticker PFF
ISIN
Fund Size $13.0B
Issuer iShares
Distribution Pays Distributions
Replication Physical
Inception Mar 2007
Base Currency USD
Index ICE Exchange-Listed Preferred & Hybrid Securities Index (USD)
Asset Class Equities
Category Subordinated Bond

Costs

7.7
This fund has low total costs, with competitive tracking and expense ratios.

Cost Metrics Explained

What expense ratio, tracking difference, and TD consistency measure

Expense ratio (Total Expense Ratio) is the annual fee the fund charges, deducted from assets. It’s the headline cost, but not the full picture.

Tracking Difference measures how much the fund actually lags (or leads) its benchmark index per year. This is the single best measure of true cost — it captures the expense ratio plus all other drags like sampling error and tax withholding. A lower (or negative) value is better.

TD Consistency measures how stable the tracking difference is from year to year. A low value means predictable, reliable costs; a high value means costs can vary significantly.
Expense Ratio0.00%
 
Metric Value
Expense Ratio 0.45%

Cumulative Returns

Performance across different time periods.
1 Month+0.00%
3 Months+0.00%
Year to Date+0.00%
1 Year+0.00%
3 Years+0.00%
5 Years+0.00%
Inception+0.00%
 
Period Cumulative Return
1 Month -0.03%
3 Months +0.00%
6 Months -0.02%
1 Year +10.25%
3 Years +7.48%
5 Years +1.67%
10 Years +3.42%
YTD +3.16%
Since Inception +3.92%

Holdings

6.5
This fund holds 457 individual investments, offering moderate diversification compared to other ETFs.
#1
B
BOEING CO
4.01%
#2
S
STRATEGY INC
2.61%
#3
W
WELLS FARGO & COMPANY SERIES L
2.36%
#4
O
ORACLE CORPORATION
2.32%
#5
H
HEWLETT PACKARD ENTERPRISE CONV PR
1.74%
#6
B
BANK OF AMERICA CORP
1.46%
#7
C
CITIGROUP CAPITAL XIII
1.31%
#8
A
ALBEMARLE CORP
1.29%
#9
N
NEXTERA ENERGY INC
1.14%
#10
M
MICROCHIP TECHNOLOGY INCORPORATED
1.13%

Sectors

Allocation by industry sector.
 
Sector Weight
Unknown 10000.00%

Regions

Geographic allocation by country of risk.
 
Country Weight
UNKNOWN 10000.00%

Nerd Stuff

Advanced risk and return metrics (2023-07-06 — 2026-06-26).
7.8%
Volatility
-13.3%
Max Drawdown
-0.30
Sharpe Ratio
-0.42
Sortino Ratio
-0.18
Calmar Ratio
0.23
Beta
-7.55%
Alpha (Jensen's)
0.154
R²
Benchmark-relative metrics (Beta, Alpha, R²) are calculated against the iShares Core S&P 500 ETF (IE00B5BMR087).

Similar ETFs

Other funds tracking Subordinated Bond indices.
State Street® SPDR® ICE Preferred Securities ETF
US78464A2924·Expense Ratio 0.45%
Compare PFF vs State Street® SPDR® ICE Preferred Securities ETF
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