ducovest

PSK:ARCA-SPDR Wells Fargo Preferred Stock (USD)

ETF | Preferred Stock | NYSE Arca

Last Closing

USD 33.12

Change

-0.19 (-0.57)%

Market Cap

USD 0.52B

Volume

0.22M

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index. In seeking to track the performance of Wells Fargo Hybrid and Preferred Securities Aggregate Index (the "index"), the fund employs a sampling strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index is a modified market capitalization weighted index designed to measure the performance of non-convertible preferred stock and securities that are functionally equivalent to preferred stock. The fund is non-diversified.

Company Website : www.spdrs.com

Currency: USD

Country : USA

Inception Date: 16/09/2009

Primary Benchmark: Wells Fargo Hybrid&Pref Agg TR USD

Primary Index: BBgBarc US Agg Bond TR USD

Gross Expense Ratio: 0.45%

Management Expense Ratio: 0.45 %

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Holdings

N/A

Symbol Company Name Allocation
TBB AT&T Inc 1.81 %
SOJD Southern Co 1.22 %
RZC 7.125% Fixed-Rate Reset Subordinated Debentures due 2052 1.05 %
SREA DBA Sempra 5.750% Junior Subordinated Notes due 2079 1.02 %
CMSD CMS Energy Corp 0.85 %
PRS Prudential Financial Inc 0.76 %
Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-12-23 )

Largest Industry Peers for Preferred Stock

Symbol Name Mer Price(Change) Market Cap
FPE First Trust Preferred Securiti.. 0.85 %

-0.01 (-0.06%)

 USD 5.68B
FPEI First Trust Institutional Pref.. 0.85 %

+0.02 (+0.11%)

 USD 1.52B
PFFA Virtus InfraCap U.S. Preferred.. 2.13 %

-0.02 (-0.09%)

 USD 1.42B
PREF Principal Spectrum Preferred S.. 0.55 %

+0.02 (+0.11%)

 USD 1.04B
PFFR ETFis Series Trust I - InfraCa.. 0.45 %

-0.05 (-0.27%)

 USD 0.11B
SPFF Global X SuperIncome Preferred.. 0.58 %

N/A

 N/A
PFXF VanEck Preferred Securities ex.. 0.41 %

-0.01 (-0.06%)

 N/A
VRP Invesco Variable Rate Preferre.. 0.50 %

-0.09 (-0.37%)

 N/A
PGF Invesco Financial Preferred ET.. 0.62 %

-0.20 (-1.36%)

 N/A
PGX Invesco Preferred ETF 0.50 %

-0.12 (-1.03%)

 N/A

ETFs Containing PSK

INKM SPDR® SSgA Income Alloca.. 6.07 % 0.39 %

-0.03 (0%)

 USD 0.07B
ROYA 4.56 % 0.00 %

N/A

 N/A
NVIR Listed Funds Trust - Hori.. 3.72 % 0.00 %

+0.21 (+0%)

 N/A
XEG:CA iShares S&P/TSX Capped En.. 2.48 % 0.61 %

+0.34 (+0%)

 CAD 1.64B
ENY 0.00 % 0.66 %

N/A

 N/A
DWFI 0.00 % 0.15 %

N/A

 N/A
DXC:CA Dynamic Active Canadian D.. 0.00 % 0.86 %

+0.15 (+0%)

 N/A
MCSM:CA Manulife Multifactor Cana.. 0.00 % 0.68 %

+0.21 (+0%)

 CAD 0.29B
INFL Horizon Kinetics Inflatio.. 0.00 % 0.00 %

+0.23 (+0%)

 USD 1.09B

Market Performance

  Market Performance vs. Industry/Classification (Preferred Stock) Market Performance vs. Exchange (NYSE Arca)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -1.19% 9% A- 34% F
Dividend Return 5.37% 82% B 69% C-
Total Return 4.18% 9% A- 39% F
Trailing 12 Months  
Capital Gain -1.81% 10% F 31% F
Dividend Return 5.34% 64% D 68% D+
Total Return 3.53% 9% A- 37% F
Trailing 5 Years  
Capital Gain -24.74% 27% F 23% F
Dividend Return 24.73% 64% D 73% C
Total Return -0.01% 18% F 28% F
Average Annual (5 Year Horizon)  
Capital Gain -4.82% 18% F 12% F
Dividend Return -0.69% 36% F 17% F
Total Return 4.14% 55% F 76% C+
Risk Return Profile  
Volatility (Standard Deviation) 12.33% 64% D 74% C
Risk Adjusted Return -5.57% 36% F 17% F
Market Capitalization 0.52B 33% F 56% F

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Underpriced compared to book value

The stock is trading low compared to its peers on a price to book value basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Underpriced compared to earnings

The stock is trading low compared to its peers on a price to earning basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

What to not like:
Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

Poor return on assets

The company management has delivered below median return on assets in the most recent 4 quarters compared to its peers.

Poor return on equity

The company management has delivered below median return on equity in the most recent 4 quarters compared to its peers.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

Low market capitalization

This is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique technology or market which can help it grow or get acquired in future.