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CVY vs PGX

Invesco Zacks Multi-Asset Income ETF vs Invesco Preferred ETF

CVY

Invesco Zacks Multi-Asset Income ETF

Invesco

Annual cost

1.21%

Fund size

$119M

PGX

Invesco Preferred ETF

Invesco

Annual cost

0.50%

Fund size

$3.9B

Key differences

  • PGX costs 0.71% less per year.
  • PGX is significantly larger than CVY — larger funds tend to be more liquid and less likely to close.
  • CVY is classified as mixed asset, while PGX is fixed income — different risk/return profiles.
  • CVY covers global markets; PGX covers north america.
  • CVY follows a active selection strategy; PGX uses index tracking.
  • Over the last 3 years, CVY has delivered higher annualized returns.

Side-by-side comparison

CVYPGX
Annual cost (TER)1.21%0.50%
Fund size (AUM)$119M$3.9B
Since20062008
Dividend yield3.74%6.16%
Asset classmixed assetfixed income
Regionglobalnorth america
Strategyactive selectionindex tracking
CAGR 1Y+20.4%+7.2%
CAGR 3Y+16.2%+5.8%
CAGR 5Y+7.2%-0.4%
Sharpe 3Y0.880.28
Volatility 1Y11.04%6.15%
Max drawdown-50.47%-34.10%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

Similar to CVY and PGX