ducovest

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

ETF | Preferred Stock | NYSE Arca

Last Closing

USD 35.17

Change

+0.20 (+0.57)%

Market Cap

USD 0.52B

Volume

0.08M

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

Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-03-27 )

Largest Industry Peers for Preferred Stock

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

N/A

 USD 5.22B
PGX Invesco Preferred ETF 0.50 %

N/A

 USD 4.27B
VRP Invesco Variable Rate Preferre.. 0.50 %

+0.04 (+0.17%)

 USD 1.59B
PFXF VanEck Preferred Securities ex.. 0.41 %

-0.01 (-0.06%)

 USD 1.58B
FPEI First Trust Institutional Pref.. 0.85 %

+0.02 (+0.11%)

 USD 1.28B
PGF Invesco Financial Preferred ET.. 0.62 %

N/A

 USD 0.94B
PFFA Virtus InfraCap U.S. Preferred.. 2.13 %

-0.03 (-0.15%)

 USD 0.87B
PREF Principal Spectrum Preferred S.. 0.55 %

+0.01 (+0.06%)

 USD 0.84B
SPFF Global X SuperIncome Preferred.. 0.58 %

N/A

 USD 0.15B
PFFR ETFis Series Trust I - InfraCa.. 0.45 %

+0.07 (+0.37%)

 USD 0.08B

ETFs Containing PSK

INFL Horizon Kinetics Inflatio.. 6.54 % 0.00 %

+0.13 (+0%)

 USD 0.63B
INKM SPDR® SSgA Income Alloca.. 5.90 % 0.39 %

+0.04 (+0%)

 USD 0.07B
ROYA 4.76 % 0.00 %

N/A

 N/A
ROYL:AU BetaShares Global Royalti.. 4.60 % 0.00 %

+0.05 (+0%)

 N/A
NVIR Listed Funds Trust - Hori.. 3.88 % 0.00 %

+0.04 (+0%)

 USD 3.33M
ENY 0.00 % 0.66 %

N/A

 N/A
DWFI 0.00 % 0.15 %

N/A

 N/A
XEG:CA iShares S&P/TSX Capped En.. 0.00 % 0.61 %

+0.04 (+0%)

 CAD 1.84B
DXC:CA Dynamic Active Canadian D.. 0.00 % 0.86 %

+0.07 (+0%)

 CAD 0.24B

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 4.92% 91% A- 58% F
Dividend Return 1.07% 45% F 57% F
Total Return 6.00% 91% A- 59% D-
Trailing 12 Months  
Capital Gain 5.05% 27% F 43% F
Dividend Return 6.45% 82% B 77% C+
Total Return 11.50% 27% F 47% F
Trailing 5 Years  
Capital Gain -17.60% 36% F 26% F
Dividend Return 21.80% 82% B 76% C+
Total Return 4.20% 55% F 31% F
Average Annual (5 Year Horizon)  
Capital Gain -6.03% 27% F 17% F
Dividend Return -1.42% 45% F 22% F
Total Return 4.61% 82% B 79% B-
Risk Return Profile  
Volatility (Standard Deviation) 8.20% 100% F 84% B
Risk Adjusted Return -17.32% 45% F 18% F
Market Capitalization 0.52B 27% F 53% 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.

Superior total returns

The stock has outperformed its sector peers on average annual total returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile.

Low volatility

The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.

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 equity

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

Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

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.