PSK
PSK 1-star rating from Upturn Advisory

SPDR® ICE Preferred Securities ETF (PSK)

SPDR® ICE Preferred Securities ETF (PSK) 1-star rating from Upturn Advisory
$31.85
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Upturn Advisory Summary

12/05/2025: PSK (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

Upturn 1 star rating for performance

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Analysis of Past Performance

Type ETF
Historic Profit 11.8%
Avg. Invested days 83
Today’s Advisory PASS
Upturn Star Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 4.0
ETF Returns Performance Upturn Returns Performance icon 3.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 12/05/2025

Key Highlights

Volume (30-day avg) -
Beta 1.3
52 Weeks Range 30.50 - 34.37
Updated Date 06/29/2025
52 Weeks Range 30.50 - 34.37
Updated Date 06/29/2025

Icon representing Upturn AI-generated SWOT analysis summary Upturn AI SWOT

SPDR® ICE Preferred Securities ETF

SPDR® ICE Preferred Securities ETF(PSK) company logo displayed in Upturn AI summary

ETF Overview

overview logo Overview

The SPDRu00ae ICE Preferred Securities ETF (SPFF) seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of the ICE Exchange-Listed Preferred & Hybrid Securities Index. It primarily invests in preferred stocks and hybrid securities, focusing on income generation. Asset allocation is primarily within the preferred securities sector. The investment strategy involves tracking the index.

Reputation and Reliability logo Reputation and Reliability

State Street Global Advisors (SSGA) is a reputable and well-established ETF issuer with a long track record in the market.

Leadership icon representing strong management expertise and executive team Management Expertise

SSGA has extensive experience in managing ETFs and fixed-income investments.

Investment Objective

Icon representing investment goals and financial objectives Goal

The primary investment goal is to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of the ICE Exchange-Listed Preferred & Hybrid Securities Index.

Investment Approach and Strategy

Strategy: The ETF aims to track the ICE Exchange-Listed Preferred & Hybrid Securities Index.

Composition The ETF holds preferred stocks and hybrid securities.

Market Position

Market Share: SPFF holds a significant market share within the preferred securities ETF sector.

Total Net Assets (AUM): 450000000

Competitors

Key Competitors logo Key Competitors

  • iShares Preferred and Income Securities ETF (PFF)
  • Invesco Preferred ETF (PGX)
  • First Trust Preferred Securities and Income ETF (FPE)

Competitive Landscape

The preferred securities ETF industry is moderately competitive. SPFF's advantages include its expense ratio and tracking of the ICE Exchange-Listed Preferred & Hybrid Securities Index. Competitors like PFF have larger AUM, which may provide greater liquidity.

Financial Performance

Historical Performance: The historical performance of SPFF depends on market conditions and the performance of the underlying index. Historical performance data should be obtained from reliable financial data providers.

Benchmark Comparison: The ETF's performance should be compared to the ICE Exchange-Listed Preferred & Hybrid Securities Index to assess its tracking effectiveness.

Expense Ratio: 0.4

Liquidity

Average Trading Volume

The average trading volume of SPFF is moderate, generally sufficient for typical trading activity.

Bid-Ask Spread

The bid-ask spread for SPFF is typically reasonable, but it can widen during periods of market volatility.

Market Dynamics

Market Environment Factors

Economic indicators such as interest rates and inflation, sector growth prospects in financials and utilities, and overall market sentiment affect SPFF.

Growth Trajectory

The growth trajectory of SPFF depends on the performance of the preferred securities market and its ability to track its benchmark index.

Moat and Competitive Advantages

Competitive Edge

SPFF's competitive edge lies in its tracking of the ICE Exchange-Listed Preferred & Hybrid Securities Index and its potentially attractive expense ratio compared to some competitors. Its focused exposure on preferred securities offers a targeted investment option for income-seeking investors. The fund benefits from the brand recognition and resources of State Street Global Advisors. Its relative simplicity compared to actively managed funds may appeal to passive investors. However, it faces competition from larger, more liquid ETFs.

Risk Analysis

Volatility

SPFF's volatility is generally moderate, reflecting the nature of preferred securities, but can increase during periods of market stress.

Market Risk

The specific risks associated with SPFF's underlying assets include interest rate risk, credit risk, and issuer-specific risk related to the preferred securities held.

Investor Profile

Ideal Investor Profile

The ideal investor profile for SPFF is an income-seeking investor looking for exposure to preferred securities and hybrid securities.

Market Risk

SPFF is suitable for long-term investors seeking income and diversification within a fixed-income portfolio.

Summary

The SPDRu00ae ICE Preferred Securities ETF (SPFF) is a fund designed for income-seeking investors, tracking the ICE Exchange-Listed Preferred & Hybrid Securities Index. It offers exposure to preferred securities, providing a steady income stream. While it faces competition from larger ETFs, its expense ratio and index-tracking strategy can be attractive. Investors should be aware of the interest rate and credit risks associated with preferred securities. SPFF is best suited for long-term investors seeking income and diversification, but should be considered alongside other fixed-income options to achieve optimal portfolio construction.

Similar ETFs

Sources and Disclaimers

Data Sources:

  • State Street Global Advisors (SSGA)
  • ETF.com
  • Morningstar

Disclaimers:

The data and analysis provided are for informational purposes only and should not be considered investment advice. Investment decisions should be made based on individual circumstances and after consulting with a qualified financial advisor.

Information icon for Upturn AI Summarization accuracy disclaimer AI Summarization is directionally correct and might not be accurate.

Information icon for Upturn AI Summarization data freshness disclaimer Summarized information shown could be a few years old and not current.

Information icon warning about Upturn AI Fundamental Rating based on potentially old data Fundamental Rating based on AI could be based on old data.

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About SPDR® ICE Preferred Securities ETF

Exchange NYSE ARCA
Headquaters -
IPO Launch date -
CEO -
Sector -
Industry -
Full time employees -
Website
Full time employees -
Website

In seeking to track the performance of the index, the adviser 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 designed to measure the performance of non-convertible preferred stock and securities that are functionally equivalent to preferred stock, including, but not limited to, senior and subordinated debt.