Summary
VanEck Preferred Securities ex Financials ETF is an ETF - a fund traded on an exchange like a stock - run by VanEck. Positions inside: 118. The ten largest make up 46% of the fund.
- Yearly costs
- 0.40%
- Fund size
- $2.26B
- Positions
- 118
- Dividend yield
- 6.28%
- Running since
- 2012
What speaks for it
- Costs of 0.40% a year are below the middle of comparable funds (0.77%).
- A large fund with $2.26B under management.
- Easy to buy and sell: about $12.8M changes hands a day.
- It has been running since 2012.
What to watch
- 97% of the fund is in one country (United States).
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
- -4.6%
- 3 months
- -2.8%
- This year
- -4.2%
- 1 year
- -6.1%
- 3 years
- +6.8%
- 5 years
- -22%
- 10 years
- -18%
- Avg. market cap
- $731.5B
- P/E
- -
- Forward P/E
- -
- P/S
- 0.1x
- P/B
- 0.2x
- P/FCF
- 0.8x
- EV/EBITDA
- -
- Dividend yield
- 7.96%
- ROIC
- 0.1%
- ROE
- -12.8%
- Gross margin
- 51.7%
- Operating margin
- -687.5%
- Net margin
- -1,874.6%
- Payout ratio
- -
- Net debt/EBITDA
- -
- Beta
- 0.97
Weighted average of the 50 largest companies, which make up 56% of the fund. Banks and insurers are left out of the gross margin, the ROIC and the EBITDA figures.
What is inside?
Moderately concentrated- 1 STSarcos Technology and Robotics Corporation STRC 7.6%
- 2 Boeing Co/The 7.6%
- 3 GOAlphabet Inc. Depository Shs Repr 1/20th Conv Pfd Registered Shs GOOGM 5.0%
- 4 GOAlphabet Inc. Depository Shs Repr 1/20th Conv Pfd Registered Shs GOOGN 4.9%
- 5 SMSuper Micro Computer, Inc. SMCIP 4.9%
- 6 Hewlett Packard Enterprise Co 4.8%
- 7 Oracle Corp 4.5%
- 8 Nextera Energy Inc 2.3%
- 9 Nextera Energy Inc 2.3%
- 10 SOThe Southern Company SOMN 2.2%
Positions in the fund: 118. The ten largest make up 46% of it.
Composition as of Oct 24, 2026.
Where is it spread?
One countryBy sector
- Technology 18%
- Communication services 16%
- Utilities 13%
- Real estate 12%
- Healthcare 3.1%
- Other 38%
By country
- United States 97%
- Canada 1.3%
- Bermuda 0.7%
- Other countries 1.2%
By company size
- Mega cap 15%
- Large cap 59%
- Mid cap 12%
- Small cap 13%
- Micro cap 1.8%
By the company's market value: Mega cap from $200B, Large cap from $10B, Mid cap from $2B, Small cap from $300M, Micro cap below $300M. Counted from the companies that make up 68% of the fund.
Largest sector: Technology (18%). Largest country: United States (97%). Largest size group: Large cap (59%).
What does it cost me?
Cheap- A year from $10,000
- $40.00
- Over 20 years
- $1,950
From every $10,000 invested the fund takes $40.00 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 $1,950.
How has it done?
Losing value- A year on average, 10 years
- -1.9%
- Deepest drop
- -29%
- Yearly volatility
- 11%
Average yearly decline over the last ten years: 1.9%. Deepest drop in these years: 29% below the earlier high.
Does it pay dividends?
Yes, it pays out- Yield
- 6.28%
- Payments a year
- 11
- Last payment
- $0.07
Over the last 12 months it paid $1.06 per share, which is 6.28% of today's price. The last payment was $0.07 on Oct 1, 2026.
Is it easy to buy and sell?
Very easy- Traded a day
- $12.8M
- Shares a day
- 754K
On an average day about $12.8M of the fund changes hands.
How expensive are the companies inside?
Rather cheap- Average Bulios Score
- 52 out of 100
Weight by Bulios Fair Price
- Undervalued 81%
- Fairly valued 0.0%
- Overvalued 19%
By Fair Price, 81% of the rated weight comes out as undervalued.
Counted from its largest companies (50), which make up 56% of the fund. Each company counts by its weight. We use the metrics, the Bulios Score and the Fair Price of the companies themselves.
Similar funds
Funds that hold much of the same. The overlap says how much of their weight they share with this fund.
| Fund | Domicile | Size | 1-year change | Dividends | ||
|---|---|---|---|---|---|---|
PF PFF iShares Preferred and Income Securities ETF | United States | 0.45% | $11.9B | -9.1% | Pays out | 31% |
PD PDSE.DE Invesco Preferred Shares UCITS ETF EUR Hedged Dist | Ireland | 0.55% | $169.3M | -17% | Pays out | 22% |
PG PGX Invesco Preferred ETF | United States | 0.50% | $3.56B | -14% | Pays out | 21% |