ducovest

PREF:NYE-Principal Spectrum Preferred Securities Active ETF (USD)

ETF | Preferred Stock |

Last Closing

USD 18.665

Change

-0.01 (-0.03)%

Market Cap

USD 1.04B

Volume

0.07M

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

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.

Currency: USD

Country : USA

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-12-24 )

Largest Industry Peers for Preferred Stock

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

+0.02 (+0.11%)

 USD 5.68B
FPEI First Trust Institutional Pref..

+0.06 (+0.32%)

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

-0.01 (-0.05%)

 USD 1.42B
PSK SPDR® ICE Preferred Securitie..

-0.12 (-0.35%)

 USD 0.89B
PFFR ETFis Series Trust I - InfraCa..

+0.04 (+0.20%)

 USD 0.11B
SPFF Global X SuperIncome Preferred..

-0.02 (-0.21%)

 N/A
PFXF VanEck Preferred Securities ex..

-0.04 (-0.23%)

 N/A
VRP Invesco Variable Rate Preferre..

+0.02 (+0.08%)

 N/A
PGF Invesco Financial Preferred ET..

-0.04 (-0.27%)

 N/A
PGX Invesco Preferred ETF

-0.02 (-0.17%)

 N/A

ETFs Containing PREF

N/A

Market Performance

  Market Performance vs. Industry/Classification (Preferred Stock) Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 6.60% 100% F 56% F
Dividend Return 4.12% 9% A- 59% D-
Total Return 10.71% 91% A- 55% F
Trailing 12 Months  
Capital Gain 6.41% 91% A- 56% F
Dividend Return 4.49% 9% A- 61% D-
Total Return 10.91% 91% A- 57% F
Trailing 5 Years  
Capital Gain -7.68% 82% B 41% F
Dividend Return 20.88% 18% F 66% D+
Total Return 13.19% 64% D 41% F
Average Annual (5 Year Horizon)  
Capital Gain -13.86% 9% A- 4% F
Dividend Return -10.64% 9% A- 4% F
Total Return 3.21% 27% F 66% D+
Risk Return Profile  
Volatility (Standard Deviation) 28.74% 9% A- 38% F
Risk Adjusted Return -37.03% 9% A- 7% C-
Market Capitalization 1.04B 50% F 58% 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:

There is nothing we particularly like

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.

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.

Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.

High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

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.