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PGF vs EPRF

Invesco Financial Preferred ETF vs Innovator S&P Investment Grade Preferred ETF

PGF

Invesco Financial Preferred ETF

Annual cost

0.55%

Fund size

$719M

EPRF

Innovator S&P Investment Grade Preferred ETF

Annual cost

0.47%

Fund size

$72M

Key differences

  • EPRF costs 0.08% less per year.
  • PGF is significantly larger than EPRF — larger funds tend to be more liquid and less likely to close.
  • PGF is classified as equity, while EPRF is alternative — different risk/return profiles.
  • PGF follows a index tracking strategy; EPRF uses structured outcome.
  • Over the last 3 years, PGF has delivered higher annualized returns.
  • PGF has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

PGFEPRF
Annual cost (TER)0.55%0.47%
Fund size (AUM)$719M$72M
Since20062016
Dividend yield6.24%6.08%
Asset classequityalternative
Regionnorth americanorth america
Strategyindex trackingstructured outcome
CAGR 1Y+6.0%+4.0%
CAGR 3Y+5.6%+4.0%
CAGR 5Y-0.4%-1.5%
Sharpe 3Y0.250.09
Volatility 1Y6.36%7.59%
Max drawdown-28.92%-26.82%

Similar to PGF and EPRF