Global X Variable Rate Preferred ETF (PFFV)Preferred Stock | Exchange Traded Fund | NYSEArca
22.00 USD
+0.03
(0.126%)
⇧
(July 13, 2026, 3:57 p.m.
EDT)
|
Hot Take ↕ | July 11, 2026, 4:12 a.m. EDT
The variable-rate structure of this preferred ETF creates a distinct tension between its attractive current yield and its recent price performance. While the trailing twelve-month yield sits comfortably above 8%, the price history reveals a significant drag on capital appreciation, with the asset trading roughly 6.6% below its five-year average. This underperformance is driven by a mix of cyclical headwinds and a recent year-over-year decline, suggesting that the market is currently pricing in further sensitivity to interest rate fluctuations rather than viewing the underlying holdings as a stable income fortress. Consequently, while the income stream remains robust enough to offer a meaningful buffer against inflation, the lack of a multi-year upward trend prevents this from being a compelling long-term accumulation vehicle at these levels. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.003927 |
| AutoETS | 0.005317 |
| MSTL | 0.005600 |
| AutoARIMA | 0.005758 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 75% |
| H-stat | 9.89 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.425 |
| Excess Kurtosis | -0.93 |
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.60% | 8.00% | 7.60% | 6.97% |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-07-01 | 0.131 | 0.595725 |
| 2026-06-01 | 0.131 | 0.588711 |
| 2026-05-01 | 0.131 | 0.587707 |
| 2026-04-01 | 0.131 | 0.600917 |
| 2026-03-02 | 0.131 | 0.584300 |
| 2026-02-02 | 0.138 | 0.613333 |
| 2025-12-30 | 0.312 | 1.403509 |
| 2025-12-01 | 0.138 | 0.614289 |
| 2025-11-03 | 0.138 | 0.606061 |
| 2025-10-01 | 0.138 | 0.597196 |
| 2025-09-02 | 0.138 | 0.599791 |
| 2025-08-01 | 0.139 | 0.603561 |
| 2025-07-01 | 0.139 | 0.607783 |
| 2025-06-02 | 0.139 | 0.609061 |
| 2025-05-01 | 0.139 | 0.603037 |
| 2025-04-01 | 0.139 | 0.594017 |
| 2025-03-03 | 0.140 | 0.583869 |
| 2025-02-03 | 0.140 | 0.589474 |
| 2024-12-30 | 0.198 | 0.836078 |
| 2024-12-04 | 0.146 | 0.605307 |
| 2024-11-05 | 0.146 | 0.604055 |
| 2024-10-03 | 0.145 | 0.607457 |
| 2024-09-05 | 0.143 | 0.601219 |
| 2024-08-05 | 0.143 | 0.616379 |
| 2024-07-03 | 0.137 | 0.580508 |
| 2024-06-05 | 0.137 | 0.578914 |
| 2024-05-03 | 0.133 | 0.566922 |
| 2024-04-03 | 0.133 | 0.565236 |
| 2024-03-05 | 0.133 | 0.567648 |
| 2024-02-05 | 0.133 | 0.565717 |
| 2023-12-28 | 0.246 | 1.052632 |
| 2023-12-05 | 0.130 | 0.563502 |
| 2023-11-03 | 0.130 | 0.574205 |
| 2023-10-04 | 0.130 | 0.582960 |
| 2023-09-06 | 0.130 | 0.573445 |
| 2023-08-03 | 0.130 | 0.576752 |
| 2023-07-06 | 0.130 | 0.587438 |
| 2023-06-05 | 0.130 | 0.581369 |
| 2023-05-03 | 0.130 | 0.600462 |
| 2023-04-05 | 0.125 | 0.554570 |
| 2023-03-03 | 0.125 | 0.516380 |
| 2023-02-03 | 0.125 | 0.513980 |
| 2022-12-29 | 0.120 | 0.531208 |
| 2022-12-05 | 0.120 | 0.515021 |
| 2022-11-03 | 0.120 | 0.536913 |
| 2022-10-05 | 0.125 | 0.536021 |
| 2022-09-06 | 0.125 | 0.525210 |
| 2022-08-03 | 0.125 | 0.495835 |
| 2022-07-06 | 0.125 | 0.523231 |
| 2022-06-03 | 0.125 | 0.504847 |
| 2022-05-04 | 0.125 | 0.497810 |
| 2022-04-05 | 0.125 | 0.489045 |
| 2022-03-03 | 0.125 | 0.480031 |
| 2022-02-03 | 0.125 | 0.472054 |
| 2021-12-30 | 0.121 | 0.436193 |
| 2021-12-03 | 0.121 | 0.443548 |
| 2021-11-03 | 0.121 | 0.430605 |
| 2021-10-05 | 0.121 | 0.437613 |
| 2021-09-03 | 0.121 | 0.428470 |
| 2021-08-04 | 0.121 | 0.427713 |
| 2021-07-06 | 0.121 | 0.426808 |
| 2021-06-03 | 0.121 | 0.431680 |
| 2021-05-05 | 0.121 | 0.437661 |
| 2021-04-05 | 0.121 | 0.437028 |
| 2021-03-03 | 0.123 | 0.455978 |
| 2021-02-03 | 0.123 | 0.454730 |
| 2020-12-30 | 0.123 | 0.448659 |
| 2020-12-03 | 0.123 | 0.454210 |
| 2020-11-04 | 0.123 | 0.469645 |
| 2020-10-05 | 0.123 | 0.468179 |
| 2020-09-03 | 0.123 | 0.470345 |
| 2020-08-05 | 0.123 | 0.477503 |
| Attribute | Value |
|---|---|
| All Time High | 28.52 |
| All Time Low | 20.8 |
| Ask | 22.99 |
| Ask Size | 400 |
| Average Daily Volume10 Day | 71,470 |
| Average Daily Volume3 Month | 57,480 |
| Average Volume | 57,480 |
| Average Volume10Days | 71,470 |
| Beta3 Year | 0.42 |
| Bid | 0.0 |
| Bid Size | 500 |
| Category | Preferred Stock |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 22.0291 |
| Day Low | 21.97 |
| Display Name | Global X Variable Rate Preferred ETF |
| Dividend Yield | 8.19 |
| Esg Populated | 0 |
| Exchange | PCX |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 22.1953 |
| Fifty Day Average Change | -0.1976986 |
| Fifty Day Average Change Percent | -0.008907228 |
| Fifty Two Week Change Percent | -4.353505 |
| Fifty Two Week High | 23.38 |
| Fifty Two Week High Change | -1.3823986 |
| Fifty Two Week High Change Percent | -0.0591274 |
| Fifty Two Week Low | 21.7 |
| Fifty Two Week Low Change | 0.2975998 |
| Fifty Two Week Low Change Percent | 0.013714275 |
| Fifty Two Week Range | 21.7 - 23.38 |
| First Trade Date Milliseconds | 1,593,091,800,000 |
| Five Year Average Return | 0.0198455 |
| Full Exchange Name | NYSEArca |
| Fund Family | Global X Funds |
| Fund Inception Date | 1,592,784,000 |
| 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, plus borrowings for investments purposes (if any), in the securities of the underlying index and in American Depositary Receipts ("ADRs") and Global Depositary Receipts ("GDRs") based on the securities in the underlying index. The underlying index is designed to track the broad-based performance of the U.S.-listed variable rate preferred securities market. It is non-diversified. |
| Long Name | Global X Variable Rate Preferred ETF |
| Market | us_market |
| Market State | PRE |
| Max Age | 86,400 |
| Message Board Id | finmb_659514826 |
| Nav Price | 22.01 |
| Net Assets | 304,621,024.0 |
| Net Expense Ratio | 0.25 |
| Open | 21.95 |
| Phone | +1 8884938631 |
| Previous Close | 21.97 |
| Price Hint | 2 |
| Quote Source Name | Delayed Quote |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 0.0276012 |
| Regular Market Change Percent | 0.125632 |
| Regular Market Day High | 22.0291 |
| Regular Market Day Low | 21.97 |
| Regular Market Day Range | 21.97 - 22.0291 |
| Regular Market Open | 21.95 |
| Regular Market Previous Close | 21.97 |
| Regular Market Price | 21.9976 |
| Regular Market Time | 1,783,972,663 |
| Regular Market Volume | 42,642 |
| Short Name | Global X Variable Rate Preferre |
| Source Interval | 15 |
| Symbol | PFFV |
| Three Year Average Return | 0.067400396 |
| Total Assets | 304,621,024 |
| Tradeable | 0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 2.87103 |
| Trailing Three Month Returns | 2.87103 |
| Triggerable | 1 |
| Two Hundred Day Average | 22.456366 |
| Two Hundred Day Average Change | -0.45876503 |
| Two Hundred Day Average Change Percent | -0.020429175 |
| Type Disp | ETF |
| Volume | 42,642 |
| Yield | 0.08189999 |
| Ytd Return | 1.58566 |