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PGF vs AAPR

Invesco Financial Preferred ETF vs Innovator Equity Defined Protection ETF - 2 Yr to April 2026

PGF

Invesco Financial Preferred ETF

Invesco

Annual cost

0.55%

Fund size

$719M

AAPR

Innovator Equity Defined Protection ETF - 2 Yr to April 2026

Innovator ETFs

Annual cost

0.79%

Fund size

$52M

Key differences

  • PGF costs 0.24% less per year.
  • PGF is significantly larger than AAPR — larger funds tend to be more liquid and less likely to close.
  • PGF is classified as equity, while AAPR is alternative — different risk/return profiles.
  • PGF follows a index tracking strategy; AAPR uses structured outcome.
  • PGF has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

PGFAAPR
Annual cost (TER)0.55%0.79%
Fund size (AUM)$719M$52M
Since20062024
Dividend yield6.24%0.00%
Asset classequityalternative
Regionnorth americanorth america
Strategyindex trackingstructured outcome
CAGR 1Y+5.8%+10.5%
CAGR 3Y+5.4%N/A
CAGR 5Y-0.5%N/A
Sharpe 3Y0.23N/A
Volatility 1Y6.36%2.45%
Max drawdown-28.92%-5.99%

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

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