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BFIX vs PGX

Build Bond Innovation ETF vs Invesco Preferred ETF

BFIX

Build Bond Innovation ETF

Annual cost

0.45%

Fund size

$13M

PGX

Invesco Preferred ETF

Annual cost

0.50%

Fund size

$3.9B

Key differences

  • PGX is significantly larger than BFIX — larger funds tend to be more liquid and less likely to close.
  • BFIX is classified as alternative, while PGX is fixed income — different risk/return profiles.
  • BFIX follows a option income strategy; PGX uses index tracking.
  • Over the last 3 years, BFIX has delivered higher annualized returns.
  • PGX has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

BFIXPGX
Annual cost (TER)0.45%0.50%
Fund size (AUM)$13M$3.9B
Since20222008
Dividend yield3.60%6.16%
Asset classalternativefixed income
Regionnorth americanorth america
Strategyoption incomeindex tracking
CAGR 1Y+4.7%+7.3%
CAGR 3Y+7.8%+6.1%
CAGR 5YN/A-0.3%
Sharpe 3Y0.820.31
Volatility 1Y2.91%6.14%
Max drawdown-8.03%-34.10%

Similar to BFIX and PGX