Summary
Global X - Variable Rate Preferred ETF is an ETF - a fund traded on an exchange like a stock - run by Global X. Positions inside: 59. The ten largest make up 31% of the fund.
- Yearly costs
- 0.25%
- Fund size
- $333.9M
- Positions
- 59
- Dividend yield
- 8.31%
- Running since
- 2020
What speaks for it
Nothing stands out in its favour.
What to watch
- 100% of the fund is in one sector (Utilities).
- 98% of the fund is in one country (United States).
- Costs of 0.25% a year are above the middle of comparable funds (0.20%).
A fund has no Bulios Score and no Fair Price of its own - both are computed from the results of a single company. This page shows what is inside the fund and what it costs instead.
Price
Performance
- 1 month
- -2.1%
- 3 months
- -2.6%
- This year
- -3.8%
- 1 year
- -7.0%
- 3 years
- -2.7%
- 5 years
- -24%
What is inside?
Moderately concentrated- 1 MS 4.71453 PERP (B1802M4) 4.4%
- 2 RGA 7 1/8 10/15/52 (BMG9SY4) 3.7%
- 3 APO 7 5/8 09/15/53 (BQC5ZW1) 3.2%
- 4 KEY 6.2 PERP (BPLPQT9) 3.2%
- 5 JXN 8 PERP (BMW6VL7) 2.9%
- 6 NLY 9.29348 PERP (BD0B1Y4) 2.9%
- 7 USB 4.61453 PERP (B125QN4) 2.8%
- 8 MET 5.15616 PERP (B0B87W3) 2.7%
- 9 ALL 7.46548 01/15/53 (B87XV26) 2.7%
- 10 SYF 8 1/4 PERP (BSNWT01) 2.7%
Positions in the fund: 59. The ten largest make up 31% of it.
Composition as of Oct 13, 2026.
Where is it spread?
One sector dominatesBy sector
- Utilities 100%
By country
- United States 98%
- Canada 1.9%
- Other countries 0.1%
Largest sector: Utilities (100%). Largest country: United States (98%).
What does it cost me?
Expensive- A year from $10,000
- $25.00
- Over 20 years
- $1,235
From every $10,000 invested the fund takes $25.00 a year. You do not pay it separately - it is taken out of the fund's value. Over 20 years at 5% yearly growth that adds up to about $1,235.
How has it done?
Losing value- A year on average, 5 years
- -5.2%
- Deepest drop
- -27%
- Yearly volatility
- 4.6%
Average yearly decline over the last five years: 5.2%. Deepest drop in these years: 27% below the earlier high.
Does it pay dividends?
Yes, it pays out- Yield
- 8.31%
- Payments a year
- 12
- Last payment
- $0.13
Over the last 12 months it paid $1.77 per share, which is 8.31% of today's price. The last payment was $0.13 on Oct 1, 2026.
Is it easy to buy and sell?
Yes- Traded a day
- $2.28M
- Shares a day
- 107K
On an average day about $2.28M of the fund changes hands.