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CAFX vs PGX

Congress Intermediate Bond ETF vs Invesco Preferred ETF

CAFX

Congress Intermediate Bond ETF

Annual cost

0.35%

Fund size

$325M

PGX

Invesco Preferred ETF

Annual cost

0.50%

Fund size

$3.9B

Key differences

  • CAFX costs 0.15% less per year.
  • PGX is significantly larger than CAFX — larger funds tend to be more liquid and less likely to close.
  • CAFX follows a active selection strategy; PGX uses index tracking.
  • PGX has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

CAFXPGX
Annual cost (TER)0.35%0.50%
Fund size (AUM)$325M$3.9B
Since20242008
Dividend yield3.99%6.16%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyactive selectionindex tracking
CAGR 1Y+4.1%+7.3%
CAGR 3YN/A+6.1%
CAGR 5YN/A-0.3%
Sharpe 3YN/A0.31
Volatility 1Y2.90%6.14%
Max drawdown-2.63%-34.10%

Similar to CAFX and PGX