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Screener

FXED vs PGX

Sound Enhanced Fixed Income ETF vs Invesco Preferred ETF

FXED

Sound Enhanced Fixed Income ETF

Annual cost

1.89%

Fund size

$40M

PGX

Invesco Preferred ETF

Annual cost

0.50%

Fund size

$3.8B

Key differences

Both FXED and PGX are fixed income ETFs. FXED charges 1.89% a year and PGX 0.50%. The main difference: FXED follows a active selection strategy; PGX uses index tracking.

  • FXED follows a active selection strategy; PGX uses index tracking.
  • PGX costs 1.39% less per year.
  • PGX is much larger than FXED. Larger funds are usually more liquid and less likely to close.
  • Over the last three years, FXED has delivered higher annualized returns.
  • PGX has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FXEDPGX
Annual cost (TER)1.89%0.50%
Fund size (AUM)$40M$3.8B
Since20202008
Dividend yield7.10%6.21%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyactive selectionindex tracking
CAGR 1Y+4.5%+5.1%
CAGR 3Y+6.6%+4.4%
CAGR 5Y+2.3%-0.9%
Sharpe 3Y0.380.12
Volatility 1Y6.85%6.12%
Max drawdown-20.07%-34.10%

Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.

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