PREF ETF Analysis: Principal Spectrum | NYSE

Preferred Stock | NYSE, USA | Market Cap: 1.886m USD | 12M Return: 1.8% | US74255Y8883 | Charts, Fundamentals & Technical Analysis

Preferred Stock, Depositary Receipts, Subordinated Debt, Hybrid Securities
Total Rating 43
Safety 70
Buy Signal -0.31
Preferred Stock
Category Rotation: +6.6
TER: 0.55%
AUM: 1.89B
Avg Turnover: 4.86M
Risk 3d forecast
Volatility4.97%
VaR 5th Pctl0.88%
VaR vs Median-1.56%
Reward TTM
Sharpe Ratio-0.75
Rel. Str. IBD34.6
Rel. Str. Peer Group62.5
Character TTM
Beta0.106
Beta Downside0.083
Hurst Exponent0.496
Drawdowns 3y
Max DD2.88%
CAGR/Max DD2.91
CAGR/Mean DD23.54

Warnings

Below Sma 200d

Tailwinds

No distinct edge detected

Seasonality 9.2 years of data

Jan +0.1% 0
Feb -0.6% 16
Mar -0.9% 32
Apr +0.5% 12
May -0.0% 2
Jun +0.1% 0
Jul +0.5% 31
Aug +0.1% 2
Sep -0.4% 16
Oct -0.9% 32
Nov -0.3% 15
Dec -0.1% 11

How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.

Description: PREF Principal Spectrum

The Principal Spectrum Preferred Securities Active ETF (PREF) invests at least 80% of its net assets in preferred securities, including preferred stock, certain depositary receipts, and junior subordinated debt. The fund primarily targets $1,000 par preferred securities, which are typically issued in institutional lot sizes by U.S. and non-U.S. financial services companies and other corporations. Preferred securities function as a hybrid between common equity and fixed-income instruments, offering regular dividend payments and a higher claim on assets than common stockholders in the event of liquidation, which makes them appealing to income-focused investors.

Headlines to Watch Out For
  • Fed rate cuts lift preferred security prices and yields
  • Bank regulatory changes reshape capital instrument demand
  • Financial sector credit spreads widen on recession concerns
  • Rising Treasury yields pressure income-oriented ETF valuations
What is the price of PREF shares?

As of September 27, 2026, the stock is trading at USD 18.46 with a total of 319,517 shares traded. Over the past week, the price has changed by -0.97%, over one month by -1.67%, over three months by -1.68% and over the past year by +1.80%.

Current recommended Stop Loss: 18.30 (which is 0.9% or 3.2 ATR below the current price).

Is PREF a buy, sell or hold?

Principal Spectrum has no consensus analysts rating.