PFXF ETF: Taking Financials Out Of The Equation
Schwab Network
English - March 21, 2023 17:36 - 6 minutes - 378 MB - ★★★★★ - 23 ratingsNews Commentary News Business News business news news commentary news Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
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The VanEck Preferred Securities Ex Financials ETF (PFXF) has been in the market for over 10 years and was born out of the global financial crisis. The PFXF ETF is up 2% in 2023. "There was demand for access to the preferred securities market, while leaving banking, insurance, and other financials out of the mix," says Brandon Rakszawski.