Global X U.S. Preferred ETF (PFFD)Preferred Stock | Exchange Traded Fund | NYSEArca
18.55 USD
-0.10
(-0.536%) ⇩
(July 13, 2026, 4 p.m.
EDT)
|
Hot Take ↕ | July 11, 2026, 7:02 a.m. EDT
The most critical signal here is the disconnect between the headline-grabbing yield and the deteriorating price trajectory. While the 6.43% yield looks attractive on paper, the underlying asset has suffered a cumulative loss of over 22% over the last seven years, with the most recent annual return being negative. This multi-year decline suggests the market views the preferred portfolio as a liability in a rising rate environment, capping the price despite the income. The recent price action confirms this weakness, trading below both its 50-day and 200-day moving averages, which act as resistance. Although the options market shows a defensive bias with elevated put volume, there is no speculative fervor driving a reversal. For a long-term hold, the structural damage to the price base and the lagging performance relative to competitors make this a weak buy, suitable only for investors who can tolerate capital erosion in exchange for current income. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.008437 |
| AutoARIMA | 0.008923 |
| AutoETS | 0.008923 |
| MSTL | 0.010730 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 73% |
| H-stat | 4.24 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.323 |
| Excess Kurtosis | -1.09 |
As of July 11, 2026, 7:02 a.m. EDT: Speculators are positioning defensively with heavy put open interest at strikes below the current price (17 and 18), while call activity is sparse and concentrated far out-of-the-money. Implied volatility is significantly elevated for near-term puts compared to calls, indicating a market expectation of downside protection rather than upside participation.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.54% | 6.31% | 6.37% | 6.16% |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-07-01 | 0.100 | 0.537345 |
| 2026-06-01 | 0.100 | 0.527983 |
| 2026-05-01 | 0.100 | 0.526316 |
| 2026-04-01 | 0.100 | 0.543774 |
| 2026-03-02 | 0.100 | 0.521105 |
| 2026-02-02 | 0.100 | 0.518403 |
| 2025-12-30 | 0.100 | 0.527704 |
| 2025-12-01 | 0.100 | 0.532481 |
| 2025-11-03 | 0.100 | 0.523834 |
| 2025-10-01 | 0.100 | 0.511509 |
| 2025-09-02 | 0.100 | 0.518672 |
| 2025-08-01 | 0.100 | 0.525486 |
| 2025-07-01 | 0.100 | 0.531350 |
| 2025-06-02 | 0.100 | 0.537924 |
| 2025-05-01 | 0.100 | 0.536193 |
| 2025-04-01 | 0.100 | 0.527983 |
| 2025-03-03 | 0.102 | 0.517766 |
| 2025-02-03 | 0.102 | 0.521472 |
| 2024-12-30 | 0.103 | 0.529019 |
| 2024-12-04 | 0.103 | 0.508140 |
| 2024-11-05 | 0.103 | 0.498066 |
| 2024-10-03 | 0.105 | 0.505050 |
| 2024-09-05 | 0.105 | 0.516732 |
| 2024-08-05 | 0.105 | 0.539014 |
| 2024-07-03 | 0.105 | 0.531646 |
| 2024-06-05 | 0.105 | 0.532185 |
| 2024-05-03 | 0.105 | 0.534079 |
| 2024-04-03 | 0.105 | 0.525526 |
| 2024-03-05 | 0.105 | 0.524476 |
| 2024-02-05 | 0.105 | 0.529501 |
| 2023-12-28 | 0.105 | 0.537359 |
| 2023-12-05 | 0.105 | 0.550026 |
| 2023-11-03 | 0.105 | 0.563910 |
| 2023-10-04 | 0.105 | 0.582686 |
| 2023-09-06 | 0.105 | 0.552632 |
| 2023-08-03 | 0.105 | 0.550314 |
| 2023-07-06 | 0.105 | 0.551181 |
| 2023-06-05 | 0.105 | 0.537359 |
| 2023-05-03 | 0.105 | 0.554090 |
| 2023-04-05 | 0.105 | 0.532995 |
| 2023-03-03 | 0.105 | 0.506757 |
| 2023-02-03 | 0.105 | 0.488827 |
| 2022-12-29 | 0.105 | 0.541796 |
| 2022-12-05 | 0.105 | 0.514706 |
| 2022-11-03 | 0.105 | 0.547731 |
| 2022-10-05 | 0.105 | 0.513197 |
| 2022-09-06 | 0.105 | 0.500477 |
| 2022-08-03 | 0.105 | 0.458716 |
| 2022-07-06 | 0.109 | 0.511977 |
| 2022-06-03 | 0.109 | 0.492990 |
| 2022-05-04 | 0.109 | 0.501149 |
| 2022-04-05 | 0.109 | 0.476190 |
| 2022-03-03 | 0.109 | 0.464027 |
| 2022-02-03 | 0.109 | 0.450413 |
| 2021-12-30 | 0.109 | 0.424455 |
| 2021-12-03 | 0.109 | 0.431854 |
| 2021-11-03 | 0.109 | 0.420363 |
| 2021-10-05 | 0.109 | 0.429641 |
| 2021-09-03 | 0.113 | 0.433116 |
| 2021-08-04 | 0.109 | 0.417945 |
| 2021-07-06 | 0.109 | 0.417305 |
| 2021-06-03 | 0.109 | 0.423465 |
| 2021-05-05 | 0.109 | 0.425615 |
| 2021-04-05 | 0.109 | 0.425615 |
| 2021-03-03 | 0.109 | 0.435130 |
| 2021-02-03 | 0.109 | 0.428459 |
| 2020-12-30 | 0.109 | 0.423960 |
| 2020-12-03 | 0.109 | 0.428123 |
| 2020-11-04 | 0.109 | 0.436000 |
| 2020-10-05 | 0.109 | 0.436524 |
| 2020-09-03 | 0.109 | 0.440226 |
| 2020-08-05 | 0.109 | 0.444173 |
| 2020-07-06 | 0.114 | 0.482642 |
| 2020-06-03 | 0.114 | 0.473029 |
| 2020-05-05 | 0.114 | 0.487805 |
| 2020-04-03 | 0.114 | 0.545194 |
| 2020-03-04 | 0.114 | 0.456182 |
| 2020-02-05 | 0.114 | 0.447761 |
| 2019-12-30 | 0.114 | 0.455272 |
| 2019-12-04 | 0.114 | 0.462287 |
| 2019-11-05 | 0.114 | 0.458015 |
| 2019-10-03 | 0.114 | 0.458568 |
| 2019-09-05 | 0.114 | 0.456914 |
| 2019-08-05 | 0.115 | 0.467670 |
| 2019-07-03 | 0.115 | 0.467860 |
| 2019-06-05 | 0.115 | 0.474129 |
| 2019-05-03 | 0.115 | 0.475403 |
| 2019-04-03 | 0.115 | 0.474873 |
| 2019-03-05 | 0.115 | 0.479967 |
| 2019-02-05 | 0.115 | 0.486464 |
| 2018-12-28 | 0.115 | 0.517552 |
| 2018-12-06 | 0.115 | 0.507055 |
| 2018-11-05 | 0.115 | 0.491159 |
| 2018-10-03 | 0.117 | 0.493255 |
| 2018-09-06 | 0.117 | 0.480098 |
| 2018-08-03 | 0.117 | 0.480888 |
| 2018-07-05 | 0.117 | 0.477356 |
| 2018-06-05 | 0.118 | 0.484799 |
| 2018-05-03 | 0.118 | 0.491667 |
| 2018-04-04 | 0.118 | 0.484998 |
| 2018-03-05 | 0.118 | 0.483270 |
| 2018-02-05 | 0.118 | 0.491667 |
| 2017-12-28 | 0.128 | 0.513541 |
| 2017-12-01 | 0.118 | 0.471660 |
| 2017-10-02 | 0.118 | 0.470682 |
| Attribute | Value |
|---|---|
| All Time High | 26.22 |
| All Time Low | 16.21 |
| Ask | 0.0 |
| Ask Size | 1,200 |
| Average Daily Volume10 Day | 844,100 |
| Average Daily Volume3 Month | 581,968 |
| Average Volume | 581,968 |
| Average Volume10Days | 844,100 |
| Beta3 Year | 1.07 |
| Bid | 17.76 |
| Bid Size | 2,300 |
| Category | Preferred Stock |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 18.63 |
| Day Low | 18.52 |
| Dividend Yield | 6.43 |
| Esg Populated | 0 |
| Exchange | PCX |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 18.837 |
| Fifty Day Average Change | -0.28700066 |
| Fifty Day Average Change Percent | -0.015236007 |
| Fifty Two Week Change Percent | -2.1511018 |
| Fifty Two Week High | 19.89 |
| Fifty Two Week High Change | -1.3400002 |
| Fifty Two Week High Change Percent | -0.06737055 |
| Fifty Two Week Low | 18.215 |
| Fifty Two Week Low Change | 0.33499908 |
| Fifty Two Week Low Change Percent | 0.018391386 |
| Fifty Two Week Range | 18.215 - 19.89 |
| First Trade Date Milliseconds | 1,505,395,800,000 |
| Five Year Average Return | -0.0062313 |
| Full Exchange Name | NYSEArca |
| Fund Family | Global X Funds |
| Fund Inception Date | 1,505,088,000 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | The fund invests at least 80% of its total assets in the securities of its underlying index. It also invests at least 80% of its total assets in preferred securities that are domiciled in, principally traded in or whose revenues are primarily from the U.S. The underlying index is designed to track the broad-based performance of the U.S. preferred securities market. |
| Long Name | Global X U.S. Preferred ETF |
| Market | us_market |
| Market State | PRE |
| Max Age | 86,400 |
| Message Board Id | finmb_528855653 |
| Nav Price | 18.65 |
| Net Assets | 2,150,502,140.0 |
| Net Expense Ratio | 0.23 |
| Open | 18.68 |
| Phone | +1 8884938631 |
| Pre Market Change | 0.0 |
| Pre Market Change Percent | 0.0 |
| Pre Market Price | 18.55 |
| Pre Market Time | 1,784,018,367 |
| Previous Close | 18.65 |
| Price Hint | 2 |
| Quote Source Name | Delayed Quote |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -0.1 |
| Regular Market Change Percent | -0.536195 |
| Regular Market Day High | 18.63 |
| Regular Market Day Low | 18.52 |
| Regular Market Day Range | 18.52 - 18.63 |
| Regular Market Open | 18.68 |
| Regular Market Previous Close | 18.65 |
| Regular Market Price | 18.55 |
| Regular Market Time | 1,783,972,800 |
| Regular Market Volume | 710,120 |
| Short Name | Global X U.S. Preferred ETF |
| Source Interval | 15 |
| Symbol | PFFD |
| Three Year Average Return | 0.0493678 |
| Total Assets | 2,150,502,144 |
| Tradeable | 0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 3.32668 |
| Trailing Three Month Returns | 3.32668 |
| Triggerable | 1 |
| Two Hundred Day Average | 19.03785 |
| Two Hundred Day Average Change | -0.4878502 |
| Two Hundred Day Average Change Percent | -0.02562528 |
| Type Disp | ETF |
| Volume | 710,120 |
| Yield | 0.0643 |
| Ytd Return | 1.04309 |