5 Stock and 95 ETF PREF (PRINCIPAL SPECTRUM PREFERRED SECURITIES ACTIVE ETF) alternatives
The most close PREF (PRINCIPAL SPECTRUM PREFERRED SECURITIES ACTIVE ETF) alternative is ETF CEFZ (RIVERNORTH ACTIVE INCOME ETF). The correlation is 0.9765.
Stocks that highly correlated with PREF
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| NPFD | Nuveen Variable Rate Preferred & Income Fund | $451M | Financial Services | Asset Management | 0.91 |
| NPCT | Nuveen Core Plus Impact Fund | $283M | Financial Services | Asset Management | 0.89 |
| PTA | Cohen & Steers Tax-Advantaged Preferred Securities & Income Fund | $1.09B | Financial Services | Asset Management | 0.88 |
| WDI | Western Asset Diversified Income Fund | $708M | Financial Services | Asset Management | 0.87 |
| AGNCP | AGNC Investment Corp | $6.42B | Real Estate | Reit - Mortgage | 0.87 |