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PGX vs CLOI

Invesco Preferred ETF vs VanEck CLO ETF

PGX

Invesco Preferred ETF

Invesco

Annual cost

0.50%

Fund size

$3.9B

CLOI

VanEck CLO ETF

VanEck

Annual cost

0.36%

Fund size

$1.3B

Key differences

  • CLOI costs 0.14% less per year.
  • PGX follows a index tracking strategy; CLOI uses active selection.
  • Over the last 3 years, CLOI has delivered higher annualized returns.
  • PGX has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

PGXCLOI
Annual cost (TER)0.50%0.36%
Fund size (AUM)$3.9B$1.3B
Since20082022
Dividend yield6.16%5.44%
Asset classfixed incomefixed income
Regionnorth america
Strategyindex trackingactive selection
CAGR 1Y+7.3%+5.7%
CAGR 3Y+6.1%+7.2%
CAGR 5Y-0.3%N/A
Sharpe 3Y0.311.32
Volatility 1Y6.14%1.21%
Max drawdown-34.10%-3.36%

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

Similar to PGX and CLOI