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SPFF is a hybrid capital security, not common stock.
This listing is a capital note, preference share, or similar instrument associated with Global X - SuperIncome Preferred ETF. Data providers report company-level figures against it, so fundamentals, valuation multiples, and dividend history on this page describe the issuing company — not this instrument — and its market capitalization cannot be computed reliably, so it is not shown. The quoted price is the instrument's own.
See exactly how SPFF's revenue becomes profit — a Sankey that traces revenue (and its reported segments) through gross profit, operating expenses, and net profit, with the year-over-year change on every line.
The same diagram the Chart Builder draws, right on the Summary tab. Upgrade to unlock it for SPFF and 80,000+ other tickers.
The Global X SuperIncome Preferred ETF, identified by its ticker SPFF, is structured to faithfully replicate the gross performance—meaning both its market value changes and the income it generates—of the Global X U.S. High Yield Preferred Index, before any management fees or operational costs are subtracted.
A 68-year-old retiree who wants to generate $42,000 a year in dividend income without constantly riding the swings of the S&P 500 faces a portfolio math problem that rewards precision.
Global X SuperIncome Preferred ETF remains a "Sell" due to persistent capital decay and underperformance versus peer preferred ETFs. SPFF suffers from a triple long-term downtrend in price, distributions, and yield. The fund's concentrated portfolio, high turnover, and heavy financials exposure amplify risk without compensating returns.
The Global X SuperIncome™ Preferred ETF is a diversified ETF focused on preferred stocks and bonds, with 74% exposure to the financial sector and a variety of instrument types. Returns are stable but modest, with 5-year and 10-year total returns of 2.69% and 2.26%, and limited upside potential due to the fund's structure. SPFF offers steady income and lower interest rate risk, but investors should not expect significant capital appreciation or high returns.
SPFF aims to mirror the performance of the Global X U.S. High-Yield Preferred Index, investing primarily in high-yielding U.S. preferred stocks. The fund's portfolio includes bonds (13%), preferred stocks (83%), with a focus on high yields. SPFF's expected yield is around 6%, but investors face interest rate risk. We prefer CEF preferred stocks for better risk-reward balance.
GlobalX SuperIncome Preferred ETF (SPFF) invests in some of the highest-yielding preferred stocks listed in the U.S. SPFF has lost about 60% in inflation-adjusted value and distribution since its inception. Moreover, it has underperformed a junk bond benchmark and shows higher risk metrics.