InfraCap REIT Preferred ETF (PFFR) Performance
PFFR total return
Distributions reinvested · as of Oct 23, 2026- YTD
- −3.3% since Dec 31, 2025
- 1 year
- −4.6% total return
- 5 years
- +0.0% a year
- Since first price
- +2.6% a year since 2017
PFFR trailing returns vs SPY, QQQ, AGG
| Period | PFFR total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −3.6% | −4.4% | −1.0% | −5.0% | +0.9% |
| 3 months | −5.4% | −7.5% | +3.2% | +1.9% | −0.4% |
| 6 months | −4.7% | −8.7% | +7.8% | +8.4% | −1.5% |
| YTD | −3.3% | −9.9% | +12.3% | +15.1% | −1.0% |
| 1 year | −4.6% | −12.2% | +14.4% | +15.9% | −1.1% |
| 3 years | +26.3%+8.1%/yr | −0.6% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +0.1%+0.0%/yr | −33.0% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| Since inceptionFeb 8, 2017 | +28.1%+2.6%/yr | −35.6% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: PFFR vs SPY
From Feb 8, 2017: PFFR grew to $12,805, SPY to $38,592.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
PFFR returns by calendar year
6 of 8 full years positive. Best 2023 (+21.0%), worst 2022 (−23.2%). 2026 is year to date.
PFFR annual returns table
| Year | PFFR | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | −3.3% | −6.6% | +12.3% | +15.1% | −1.0% |
| 2025 | +5.4% | −8.2% | +17.7% | +20.8% | +7.2% |
| 2024 | +7.1% | −6.4% | +24.9% | +25.6% | +1.3% |
| 2023 | +21.0% | −14.9% | +26.2% | +54.9% | +5.7% |
| 2022 | −23.2% | −28.0% | −18.2% | −32.6% | −13.0% |
| 2021 | +6.8% | −4.3% | +28.7% | +27.4% | −1.8% |
| 2020 | +0.2% | −53.0% | +18.3% | +48.6% | +7.5% |
| 2019 | +20.3% | −2.9% | +31.2% | +39.0% | +8.5% |
| 2018 | −7.4% | −10.9% | −4.6% | −0.1% | +0.1% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
PFFR largest drawdowns
Now 7.0% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Feb 11, 2020 | −53.0% | Mar 18, 2020 | Mar 24, 2021 | 36 days | 1.1 years |
| Sep 3, 2021 | −29.2% | Oct 24, 2022 | Sep 13, 2024 | 1.1 years | 3.0 years |
| Oct 16, 2024 | −11.2% | Apr 7, 2025 | Sep 5, 2025 | 6 months | 11 months |
| Aug 31, 2018 | −10.9% | Dec 27, 2018 | Feb 25, 2019 | 4 months | 6 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
PFFR risk statistics
| Statistic | 3 years | 5 years | Since 2017 |
|---|---|---|---|
| Annualized return | +7.1% | +0.5% | +2.7% |
| Volatility (annualized) | 9.7% | 14.4% | 15.3% |
| Sharpe ratio | 0.31 | -0.15 | 0.10 |
| Sortino ratio | 0.50 | -0.21 | 0.14 |
| Best month | +8.5% | +14.7% | +15.3% |
| Worst month | −5.1% | −12.0% | −26.1% |
| Best 12 months | +29.5% | +29.5% | +45.7% |
| Worst 12 months | −2.5% | −27.1% | −27.1% |
| Positive months | 58% | 48% | 59% |
| Beta vs S&P 500 | 0.51 | 0.61 | — |
| Correlation with S&P 500 | 0.65 | 0.66 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
PFFR rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 105 | −27.1% | +4.5% | +45.7% | 67% |
| 3-year (a year) | 81 | −7.4% | +2.1% | +12.6% | 65% |
| 5-year (a year) | 57 | −2.5% | +1.3% | +8.2% | 86% |
Every holding period starting at a month-end since 2017. Returns for 3 years and longer are annualized.
PFFR performance overview
InfraCap REIT Preferred ETF (PFFR) returned −4.6% over the past year and +0.0% a year over five years, with distributions reinvested. Since its first recorded price in 2017 it has returned +2.6% a year, turning $10,000 into about $12,805. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −53.0%, from Feb 11, 2020 to Mar 18, 2020, and it took 1.0 years to get back to the old high. PFFR finished 6 of its 8 full calendar years with a gain; the best year was 2023 (+21.0%) and the worst 2022 (−23.2%). Volatility has been 15.3% a year.
Related: PFFR chart, PFFR dividends. See the PFFR overview for the latest quote and fund facts.
PFFR performance FAQ
What is the PFFR return over the past year?
PFFR returned −4.6% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 12.2%.
What is the average annual return of PFFR?
PFFR has returned +0.0% a year over 5 years, +2.6% a year since February 8, 2017 (total return, distributions reinvested).
How much would $10,000 invested in PFFR be worth?
$10,000 invested in PFFR at its first recorded close on February 8, 2017 would be worth about $12,805 on October 23, 2026 with distributions reinvested.
What was the worst year for PFFR?
The worst calendar year was 2022, with a total return of −23.2%. The best was 2023 at +21.0%.
What is the biggest drawdown of PFFR?
The largest peak-to-trough decline was −53.0% between February 11, 2020 and March 18, 2020. It recovered to the old high on March 24, 2021, 1.0 years after the bottom.
How volatile is PFFR?
Over the past 3 years PFFR had an annualized volatility of 9.7% and a Sharpe ratio of 0.31 (excess return over 1–3 month T-bills per unit of risk).