(SPFF) SuperIncome Preferred - Overview

The Global X SuperIncome Preferred ETF (NYSE ARCA: SPFF) commits at least 80% of its assets to the securities that compose the Solactive-managed index, plus any American Depositary Receipts (ADRs) or Global Depositary Receipts (GDRs) that mirror those securities. The index selects the highest-yielding U.S. preferred stocks, aiming to capture the premium income segment of the preferred-stock market.

Key metrics (as of the most recent filing) show an average weighted yield around 6.2%, an expense ratio of 0.45%, and a portfolio duration of roughly 5 years, indicating moderate interest-rate sensitivity. The fund’s credit profile is weighted toward investment-grade issuers (≈ 70% BBB- or higher), with the remainder in high-yield preferreds that boost income but increase default risk. Because preferred dividends are often set at fixed rates, the ETF’s performance is closely tied to the Fed’s policy stance: a rising rate environment can erode price appreciation while also widening spreads that benefit yield-focused investors.

Sector concentration is notable-financials and utilities together represent about 55% of holdings, reflecting their historical reliance on preferred financing for balance-sheet management. Monitoring the Fed’s policy-rate trajectory and corporate credit spreads will be essential for forecasting SPFF’s risk-adjusted return potential.

If you want a data-driven, side-by-side comparison of SPFF’s risk-return profile against peers, ValueRay’s analytics platform offers a convenient dashboard for deeper analysis.