Global X SuperIncome Preferred ETF (SPFF)Preferred Stock | Exchange Traded Fund | NYSEArca
9.04 USD
+0.07
(0.780%)
⇧
(Oct. 13, 2026, 4 p.m.
EDT)
|
Hot Take ↕ | Oct. 10, 2026, 2:58 a.m. EDT
The long-term outlook is severely compromised by a decade-long structural decline; despite a brief recovery in 2024, the asset closed the last full year lower, leaving it down nearly 32% from its 2016 peak. This persistent downward trajectory signals that the market views the underlying preferred portfolio as fundamentally deteriorating rather than offering a margin of safety. While the headline yield of nearly 7% appears attractive, it is likely compensating for the high probability of capital loss as the fund approaches maturity or liquidation of its holdings. The short-term technical picture confirms this weakness, with the price trading well below both its 50-day and 200-day averages, suggesting continued selling pressure. The options market reinforces this bearish sentiment, with traders placing heavy bets on downside protection while ignoring any potential upside. Investors seeking income here face a difficult choice: accept a high yield that may not cover the drag on principal, or wait for a fundamental turnaround that the price action suggests is unlikely. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.013543 |
| AutoETS | 0.013555 |
| AutoARIMA | 0.013555 |
| MSTL | 0.013937 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 67% |
| H-stat | 0.79 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.369 |
| Excess Kurtosis | -0.79 |
As of Oct. 10, 2026, 2:58 a.m. EDT: Speculators are positioning defensively with heavy open interest in out-of-the-money puts expiring in late October and early November, creating a significant barrier at the $8.00 strike. This suggests a fear of a sharp drop to par value or a deep discount before expiration. Conversely, call activity is virtually non-existent, indicating a lack of bullish conviction for any near-term recovery.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.57% | 6.85% | 6.52% | 6.50% |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-10-01 | 0.052 | 0.570175 |
| 2026-09-01 | 0.052 | 0.561555 |
| 2026-08-03 | 0.052 | 0.549683 |
| 2026-07-01 | 0.052 | 0.559742 |
| 2026-06-01 | 0.052 | 0.539419 |
| 2026-05-01 | 0.050 | 0.531350 |
| 2026-04-01 | 0.050 | 0.564334 |
| 2026-03-02 | 0.050 | 0.545852 |
| 2026-02-02 | 0.047 | 0.502674 |
| 2025-12-30 | 0.084 | 0.896478 |
| 2025-12-01 | 0.047 | 0.511425 |
| 2025-11-03 | 0.047 | 0.513661 |
| 2025-10-01 | 0.047 | 0.507012 |
| 2025-09-02 | 0.047 | 0.513661 |
| 2025-08-01 | 0.047 | 0.517621 |
| 2025-07-01 | 0.047 | 0.523385 |
| 2025-06-02 | 0.047 | 0.542099 |
| 2025-05-01 | 0.047 | 0.539610 |
| 2025-04-01 | 0.047 | 0.528090 |
| 2025-03-03 | 0.048 | 0.521739 |
| 2025-02-03 | 0.048 | 0.518919 |
| 2024-12-30 | 0.086 | 0.927724 |
| 2024-12-04 | 0.046 | 0.474716 |
| 2024-11-05 | 0.046 | 0.473738 |
| 2024-10-03 | 0.046 | 0.471311 |
| 2024-09-05 | 0.046 | 0.486258 |
| 2024-08-05 | 0.046 | 0.510544 |
| 2024-07-03 | 0.046 | 0.496760 |
| 2024-06-05 | 0.046 | 0.499457 |
| 2024-05-03 | 0.046 | 0.501636 |
| 2024-04-03 | 0.046 | 0.493033 |
| 2024-03-05 | 0.046 | 0.491979 |
| 2024-02-05 | 0.046 | 0.493033 |
| 2023-12-28 | 0.058 | 0.630435 |
| 2023-12-05 | 0.046 | 0.515695 |
| 2023-11-03 | 0.046 | 0.529954 |
| 2023-10-04 | 0.048 | 0.570749 |
| 2023-09-06 | 0.048 | 0.541150 |
| 2023-08-03 | 0.048 | 0.538721 |
| 2023-07-06 | 0.048 | 0.541150 |
| 2023-06-05 | 0.048 | 0.529217 |
| 2023-05-03 | 0.048 | 0.545455 |
| 2023-04-05 | 0.055 | 0.600437 |
| 2023-03-03 | 0.055 | 0.542406 |
| 2023-02-03 | 0.055 | 0.537109 |
| 2022-12-29 | 0.055 | 0.582011 |
| 2022-12-05 | 0.055 | 0.556680 |
| 2022-11-03 | 0.055 | 0.579557 |
| 2022-10-05 | 0.057 | 0.576923 |
| 2022-09-06 | 0.057 | 0.559921 |
| 2022-08-03 | 0.057 | 0.531716 |
| 2022-07-06 | 0.057 | 0.556641 |
| 2022-06-03 | 0.057 | 0.537736 |
| 2022-05-04 | 0.057 | 0.535211 |
| 2022-04-05 | 0.057 | 0.520548 |
| 2022-03-03 | 0.057 | 0.513051 |
| 2022-02-03 | 0.057 | 0.506667 |
| 2021-12-30 | 0.057 | 0.486348 |
| 2021-12-03 | 0.057 | 0.491379 |
| 2021-11-03 | 0.057 | 0.478992 |
| 2021-10-05 | 0.057 | 0.482642 |
| 2021-09-03 | 0.057 | 0.473422 |
| 2021-08-04 | 0.057 | 0.472637 |
| 2021-07-06 | 0.057 | 0.472637 |
| 2021-06-03 | 0.057 | 0.475396 |
| 2021-05-05 | 0.057 | 0.480607 |
| 2021-04-05 | 0.057 | 0.477387 |
| 2021-03-03 | 0.057 | 0.487596 |
| 2021-02-03 | 0.057 | 0.485106 |
| 2020-12-30 | 0.057 | 0.485106 |
| 2020-12-03 | 0.057 | 0.489270 |
| 2020-11-04 | 0.057 | 0.510753 |
| 2020-10-05 | 0.057 | 0.511670 |
| 2020-09-03 | 0.057 | 0.512129 |
| 2020-08-05 | 0.057 | 0.517241 |
| 2020-07-06 | 0.057 | 0.540797 |
| 2020-06-03 | 0.057 | 0.525346 |
| 2020-05-05 | 0.057 | 0.545977 |
| 2020-04-03 | 0.057 | 0.627753 |
| 2020-03-04 | 0.057 | 0.492653 |
| 2020-02-05 | 0.057 | 0.478589 |
| 2019-12-30 | 0.057 | 0.483461 |
| 2019-12-04 | 0.057 | 0.492653 |
| 2019-11-05 | 0.057 | 0.487179 |
| 2019-10-03 | 0.058 | 0.495727 |
| 2019-09-05 | 0.058 | 0.495303 |
| 2019-08-05 | 0.059 | 0.507309 |
| 2019-07-03 | 0.059 | 0.506438 |
| 2019-06-05 | 0.059 | 0.511265 |
| 2019-05-03 | 0.060 | 0.517241 |
| 2019-04-03 | 0.060 | 0.513699 |
| 2019-03-05 | 0.060 | 0.517241 |
| 2019-02-05 | 0.062 | 0.539130 |
| 2018-12-28 | 0.081 | 0.737034 |
| 2018-12-06 | 0.064 | 0.573991 |
| 2018-11-05 | 0.066 | 0.578440 |
| 2018-10-03 | 0.068 | 0.580700 |
| 2018-09-06 | 0.068 | 0.571429 |
| 2018-08-03 | 0.068 | 0.571429 |
| 2018-07-05 | 0.068 | 0.566195 |
| 2018-06-05 | 0.068 | 0.574810 |
| 2018-05-03 | 0.070 | 0.598802 |
| 2018-04-04 | 0.074 | 0.625000 |
| 2018-03-05 | 0.074 | 0.618729 |
| 2018-02-05 | 0.074 | 0.625528 |
| 2017-12-28 | 0.074 | 0.608553 |
| 2017-12-01 | 0.074 | 0.603097 |
| 2017-11-01 | 0.074 | 0.598706 |
| 2017-10-02 | 0.074 | 0.586371 |
| 2017-09-01 | 0.074 | 0.584057 |
| 2017-08-01 | 0.074 | 0.575428 |
| 2017-07-03 | 0.074 | 0.578125 |
| 2017-06-01 | 0.074 | 0.579937 |
| 2017-05-01 | 0.074 | 0.571429 |
| 2017-04-03 | 0.074 | 0.568793 |
| 2017-03-01 | 0.073 | 0.558959 |
| 2017-02-01 | 0.073 | 0.561538 |
| 2016-12-28 | 0.088 | 0.689655 |
| 2016-12-01 | 0.073 | 0.569423 |
| 2016-11-01 | 0.073 | 0.559387 |
| 2016-10-03 | 0.073 | 0.545590 |
| 2016-09-01 | 0.073 | 0.535191 |
| 2016-08-01 | 0.073 | 0.534407 |
| 2016-07-01 | 0.073 | 0.538745 |
| 2016-06-01 | 0.073 | 0.540340 |
| 2016-05-02 | 0.073 | 0.541543 |
| 2016-04-01 | 0.078 | 0.594966 |
| 2016-03-01 | 0.078 | 0.607004 |
| 2016-02-01 | 0.078 | 0.605590 |
| 2015-12-29 | 0.078 | 0.590909 |
| 2015-12-01 | 0.083 | 0.621723 |
| 2015-11-02 | 0.083 | 0.617100 |
| 2015-10-01 | 0.083 | 0.621723 |
| 2015-09-01 | 0.083 | 0.608951 |
| 2015-08-03 | 0.083 | 0.594982 |
| 2015-07-01 | 0.083 | 0.590327 |
| 2015-06-01 | 0.083 | 0.578397 |
| 2015-05-01 | 0.083 | 0.569273 |
| 2015-04-01 | 0.083 | 0.569273 |
| 2015-03-02 | 0.083 | 0.565395 |
| 2015-02-02 | 0.083 | 0.568493 |
| 2014-12-29 | 0.079 | 0.544077 |
| 2014-12-01 | 0.083 | 0.565395 |
| 2014-11-03 | 0.083 | 0.564626 |
| 2014-10-01 | 0.083 | 0.562712 |
| 2014-09-02 | 0.083 | 0.553333 |
| 2014-08-01 | 0.083 | 0.559299 |
| 2014-07-01 | 0.083 | 0.553333 |
| 2014-06-02 | 0.083 | 0.552965 |
| 2014-05-01 | 0.083 | 0.552229 |
| 2014-04-01 | 0.083 | 0.551862 |
| 2014-03-03 | 0.083 | 0.560811 |
| 2014-02-03 | 0.083 | 0.566553 |
| 2013-12-27 | 0.143 | 0.984171 |
| 2013-12-02 | 0.086 | 0.583051 |
| 2013-11-01 | 0.086 | 0.580689 |
| 2013-10-01 | 0.082 | 0.560876 |
| 2013-09-03 | 0.081 | 0.556319 |
| 2013-08-01 | 0.082 | 0.563574 |
| 2013-07-01 | 0.082 | 0.562029 |
| 2013-06-03 | 0.084 | 0.565657 |
| 2013-05-01 | 0.088 | 0.582781 |
| 2013-04-01 | 0.088 | 0.585496 |
| 2013-03-01 | 0.082 | 0.545939 |
| 2013-02-01 | 0.092 | 0.607662 |
| 2012-12-27 | 0.155 | 1.041667 |
| 2012-12-03 | 0.083 | 0.552965 |
| 2012-10-01 | 0.101 | 0.669761 |
| 2012-09-04 | 0.183 | 1.212724 |
| 2012-08-01 | 0.010 | 0.066094 |
| Attribute | Value |
|---|---|
| All Time High | 15.46 |
| All Time Low | 6.82 |
| Ask | 0.0 |
| Ask Size | 600 |
| Average Daily Volume10 Day | 37,270 |
| Average Daily Volume3 Month | 41,142 |
| Average Volume | 41,142 |
| Average Volume10Days | 37,270 |
| Beta3 Year | 1.14 |
| Bid | 0.0 |
| Bid Size | 5,800 |
| Category | Preferred Stock |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 9.04 |
| Day Low | 8.94 |
| Display Name | SuperIncome Preferred ETF |
| Dividend Yield | 6.92 |
| Esg Populated | 0 |
| Exchange | PCX |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 9.3246 |
| Fifty Day Average Change | -0.28460026 |
| Fifty Day Average Change Percent | -0.030521443 |
| Fifty Two Week Change Percent | -3.4445643 |
| Fifty Two Week High | 9.77 |
| Fifty Two Week High Change | -0.7300005 |
| Fifty Two Week High Change Percent | -0.07471857 |
| Fifty Two Week Low | 8.79 |
| Fifty Two Week Low Change | 0.25 |
| Fifty Two Week Low Change Percent | 0.02844141 |
| Fifty Two Week Range | 8.79 - 9.77 |
| First Trade Date Milliseconds | 1,342,704,600,000 |
| Five Year Average Return | 0.0091183 |
| Full Exchange Name | NYSEArca |
| Fullday Change | 0.03999996 |
| Fullday Change Percent | 0.44593045 |
| Fullday Price | 9.04 |
| Fund Family | Global X Funds |
| Fund Inception Date | 1,342,396,800 |
| 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 will invest at least 80% of its total assets 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 tracks the performance of the highest-yielding preferred securities listed in the United States, as determined by Solactive AG, the administrator of the underlying index (“Index Administrator”). |
| Long Name | Global X SuperIncome Preferred ETF |
| Market | us_market |
| Market State | PRE |
| Max Age | 86,400 |
| Message Board Id | finmb_207430255 |
| Nav Price | 8.99 |
| Net Assets | 148,092,112.0 |
| Net Expense Ratio | 0.48 |
| Open | 8.95 |
| Phone | +1 8884938631 |
| Previous Close | 8.97 |
| Price Hint | 2 |
| Quote Source Name | Delayed Quote |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 0.0699997 |
| Regular Market Change Percent | 0.780376 |
| Regular Market Day High | 9.04 |
| Regular Market Day Low | 8.94 |
| Regular Market Day Range | 8.94 - 9.04 |
| Regular Market Open | 8.95 |
| Regular Market Previous Close | 8.97 |
| Regular Market Price | 9.04 |
| Regular Market Time | 1,791,921,600 |
| Regular Market Volume | 48,899 |
| Short Name | Global X SuperIncome Preferred |
| Source Interval | 15 |
| Symbol | SPFF |
| Three Year Average Return | 0.0911841 |
| Total Assets | 148,092,112 |
| Tradeable | 0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -1.24972 |
| Trailing Three Month Returns | -1.24972 |
| Triggerable | 1 |
| Two Hundred Day Average | 9.33545 |
| Two Hundred Day Average Change | -0.2954502 |
| Two Hundred Day Average Change Percent | -0.0316482 |
| Type Disp | ETF |
| Volume | 48,899 |
| Yield | 0.0692 |
| Ytd Return | 1.64197 |