About VanEck Vectors Preferred Securities ex Financials ETF (PFXF)

A preferred security is a type of hybrid security that combines characteristics of both stocks and bonds. VanEck Vectors Preferred Securities ex Financials ETF (PFXF) is an exchange-traded fund that provides exposure to preferred securities issued by non-financial companies. The ETF seeks to track the performance of the Wells Fargo Hybrid and Preferred Securities ex Financials Index, which includes preferred securities from various sectors such as energy, utilities, and real estate investment trusts (REITs). PFXF offers investors a way to potentially earn income from preferred securities without exposure to financial companies.

VanEck Vectors Preferred Securities ex Financials ETF (PFXF) has a market capitalization of $745 million as of the latest data. With a PEG ratio of 1.02, the ETF is considered fairly valued in relation to its expected earnings growth. This suggests that PFXF may not be significantly overvalued or undervalued at its current price. When compared to the industry, PFXF has performed relatively well, providing investors with a stable source of income and potential capital appreciation. The ETF has a 52-week range between $17.50 and $20.75, with a day range of $19.45 to $19.75. The average trading volume for PFXF is around 300,000 shares per day.