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OGSP vs PGX

Obra High Grade Structured Products ETF vs Invesco Preferred ETF

OGSP

Obra High Grade Structured Products ETF

Obra Fund Management, LLC

Annual cost

0.64%

Fund size

$29M

PGX

Invesco Preferred ETF

Invesco

Annual cost

0.50%

Fund size

$3.9B

Key differences

  • PGX costs 0.14% less per year.
  • PGX is significantly larger than OGSP — larger funds tend to be more liquid and less likely to close.
  • OGSP is classified as alternative, while PGX is fixed income — different risk/return profiles.
  • OGSP 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

OGSPPGX
Annual cost (TER)0.64%0.50%
Fund size (AUM)$29M$3.9B
Since20242008
Dividend yield5.86%6.16%
Asset classalternativefixed income
Regionnorth america
Strategyactive selectionindex tracking
CAGR 1Y+5.6%+7.2%
CAGR 3YN/A+5.8%
CAGR 5YN/A-0.4%
Sharpe 3YN/A0.28
Volatility 1Y1.75%6.15%
Max drawdown-0.81%-34.10%

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

Similar to OGSP and PGX