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FPE vs PGF

First Trust Preferred Securities and Income ETF vs Invesco Financial Preferred ETF

FPE

First Trust Preferred Securities and Income ETF

First Trust

Annual cost

0.83%

Fund size

$6.4B

PGF

Invesco Financial Preferred ETF

Invesco

Annual cost

0.55%

Fund size

$719M

Key differences

  • PGF costs 0.28% less per year.
  • FPE is significantly larger than PGF — larger funds tend to be more liquid and less likely to close.
  • FPE is classified as fixed income, while PGF is equity — different risk/return profiles.
  • Over the last 3 years, FPE has delivered higher annualized returns.
  • PGF has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FPEPGF
Annual cost (TER)0.83%0.55%
Fund size (AUM)$6.4B$719M
Since20132006
Dividend yield5.83%6.24%
Asset classfixed incomeequity
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y+9.3%+5.8%
CAGR 3Y+11.0%+5.4%
CAGR 5Y+3.2%-0.5%
Sharpe 3Y1.430.23
Volatility 1Y3.90%6.36%
Max drawdown-33.35%-28.92%

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

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