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MDIV vs PGX

Multi-Asset Diversified Income Index Fund vs Invesco Preferred ETF

MDIV

Multi-Asset Diversified Income Index Fund

First Trust

Annual cost

0.71%

Fund size

$417M

PGX

Invesco Preferred ETF

Invesco

Annual cost

0.50%

Fund size

$3.9B

Key differences

  • PGX costs 0.21% less per year.
  • PGX is significantly larger than MDIV — larger funds tend to be more liquid and less likely to close.
  • MDIV is classified as mixed asset, while PGX is fixed income — different risk/return profiles.
  • Over the last 3 years, MDIV has delivered higher annualized returns.

Side-by-side comparison

MDIVPGX
Annual cost (TER)0.71%0.50%
Fund size (AUM)$417M$3.9B
Since20122008
Dividend yield6.13%6.16%
Asset classmixed assetfixed income
Regionnorth america
Strategyindex trackingindex tracking
CAGR 1Y+13.4%+7.2%
CAGR 3Y+12.3%+5.8%
CAGR 5Y+6.4%-0.4%
Sharpe 3Y0.940.28
Volatility 1Y6.70%6.15%
Max drawdown-48.50%-34.10%

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

Similar to MDIV and PGX