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PGF vs VRP

Invesco Financial Preferred ETF vs Invesco Variable Rate Preferred ETF

PGF

Invesco Financial Preferred ETF

Invesco

Annual cost

0.55%

Fund size

$719M

VRP

Invesco Variable Rate Preferred ETF

Invesco

Annual cost

0.50%

Fund size

$2.6B

Key differences

  • VRP costs 0.05% less per year.
  • VRP is significantly larger than PGF — larger funds tend to be more liquid and less likely to close.
  • PGF is classified as equity, while VRP is fixed income — different risk/return profiles.
  • Over the last 3 years, VRP has delivered higher annualized returns.
  • PGF has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

PGFVRP
Annual cost (TER)0.55%0.50%
Fund size (AUM)$719M$2.6B
Since20062014
Dividend yield6.24%6.39%
Asset classequityfixed income
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y+5.8%+7.4%
CAGR 3Y+5.4%+10.4%
CAGR 5Y-0.5%+4.4%
Sharpe 3Y0.231.46
Volatility 1Y6.36%2.87%
Max drawdown-28.92%-46.04%

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

Similar to PGF and VRP