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IG vs PREF

Principal Investment Grade Corporate ETF vs Principal Spectrum Preferred Securities Active ETF

IG

Principal Investment Grade Corporate ETF

Annual cost

0.19%

Fund size

$179M

PREF

Principal Spectrum Preferred Securities Active ETF

Annual cost

0.55%

Fund size

$1.5B

Key differences

  • IG costs 0.36% less per year.
  • PREF is significantly larger than IG — larger funds tend to be more liquid and less likely to close.
  • Over the last 3 years, PREF has delivered higher annualized returns.

Side-by-side comparison

IGPREF
Annual cost (TER)0.19%0.55%
Fund size (AUM)$179M$1.5B
Since20182017
Dividend yield5.06%5.03%
Asset classfixed incomefixed income
Regionglobal
Strategyactive selectionactive selection
CAGR 1Y+6.9%+7.0%
CAGR 3Y+5.5%+9.8%
CAGR 5Y+0.3%+3.2%
Sharpe 3Y0.331.63
Volatility 1Y4.75%3.08%
Max drawdown-23.17%-22.99%

Similar to IG and PREF