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Screener

IG vs PGX

Principal Investment Grade Corporate ETF vs Invesco Preferred ETF

IG

Principal Investment Grade Corporate ETF

Annual cost

0.19%

Fund size

$179M

PGX

Invesco Preferred ETF

Annual cost

0.50%

Fund size

$3.9B

Key differences

  • IG costs 0.31% less per year.
  • PGX is significantly larger than IG — larger funds tend to be more liquid and less likely to close.
  • IG 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

IGPGX
Annual cost (TER)0.19%0.50%
Fund size (AUM)$179M$3.9B
Since20182008
Dividend yield5.06%6.16%
Asset classfixed incomefixed income
Regionnorth america
Strategyactive selectionindex tracking
CAGR 1Y+6.9%+6.9%
CAGR 3Y+5.5%+5.9%
CAGR 5Y+0.3%-0.4%
Sharpe 3Y0.330.29
Volatility 1Y4.75%6.09%
Max drawdown-23.17%-34.10%

Similar to IG and PGX