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PGF vs FPE

Invesco Financial Preferred ETF vs First Trust Preferred Securities and Income ETF

PGF

Invesco Financial Preferred ETF

Invesco

Annual cost

0.55%

Fund size

$719M

FPE

First Trust Preferred Securities and Income ETF

First Trust

Annual cost

0.83%

Fund size

$6.4B

Key differences

  • PGF costs 0.28% less per year.
  • FPE is significantly larger than PGF — larger funds tend to be more liquid and less likely to close.
  • PGF is classified as equity, while FPE is fixed income — different risk/return profiles.
  • Over the last 3 years, FPE has delivered higher annualized returns.
  • PGF has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

PGFFPE
Annual cost (TER)0.55%0.83%
Fund size (AUM)$719M$6.4B
Since20062013
Dividend yield6.24%5.83%
Asset classequityfixed income
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y+5.8%+9.3%
CAGR 3Y+5.4%+11.0%
CAGR 5Y-0.5%+3.2%
Sharpe 3Y0.231.43
Volatility 1Y6.36%3.90%
Max drawdown-28.92%-33.35%

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

Similar to PGF and FPE