Preferred-Plus ETF
1D
1W
1M
3M
YTD
1Y
5Y
ALL
Why Robinhood?
Robinhood gives you the tools you need to put your money in motion. You can buy or sell IPPP and other ETFs, options, and stocks.About IPPP
IPPP provides exposure by holding preferred securities issued by US and non-US companies, with a 10% exposure to the S&P 500 ETF using a credit spread options strategy.
Index-Tracked
Index-Tracked
CategoryPreferred Stock
CategoryPreferred Stock
Number of holdings112
Number of holdings112
Inception DateDec 24, 2018
Inception DateDec 24, 2018
What's in this fund
Sectors
As of July 30, 2025Corporate Bonds97.51%
Cash and Equivalents2.49%
Top 10 Holdings (17.37% of total assets)
As of July 30, 2025NameSymbol% Assets
Synovus Financial Corp PfdSNVpE2.16%
Athene Holding Ltd FXDFR PRF PERPETUAL USD 25 - Ser A 1/1000 Int DepATHpA2.08%
KeyCorp FXDFR PRF PERPETUAL USD 25 - Ser HKEYpL1.86%
Banc of California Inc 7.75% PRF PERPETUAL USD - 1/40th int Ser FBANCpF1.78%
First American Government Obligs X—1.72%
JPMorgan Chase & Co PRF PERPETUAL USD - Ser LL 1/400th IntJPMpL1.66%
Synchrony Financial 8.25% PRF PERPETUAL USD 25 - Dep rep 1/40 Ser BSYFpB1.60%
Jackson Financial Inc FXDFR PRF PERPETUAL USD 25 - Ser AJXNpA1.54%
AGNC Investment Preferred PAGNCP1.49%
American National Group Inc PRF PERPETUAL USD 25 - Ser B 1/1,000thANGpB1.48%
IPPP Key Statistics
AUM12.26M
AUM12.26M
Price-Earnings ratio—
Price-Earnings ratio—
30-Day yield6.50
30-Day yield6.50
Average volume1.78K
Average volume1.78K
High today$9.98
High today$9.98
Low today$9.98
Low today$9.98
Open price$9.98
Open price$9.98
Volume5.05K
Volume5.05K
52 Week high$11.73
52 Week high$11.73
52 Week low$8.96
52 Week low$8.96
Expense ratio1.02
Expense ratio1.02