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PGX vs EPRF

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

PGX

Invesco Preferred ETF

Invesco

Annual cost

0.50%

Fund size

$3.9B

EPRF

Innovator S&P Investment Grade Preferred ETF

Innovator ETFs

Annual cost

0.47%

Fund size

$72M

Key differences

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

Side-by-side comparison

PGXEPRF
Annual cost (TER)0.50%0.47%
Fund size (AUM)$3.9B$72M
Since20082016
Dividend yield6.16%6.08%
Asset classfixed incomealternative
Regionnorth americanorth america
Strategyindex trackingstructured outcome
CAGR 1Y+7.3%+4.0%
CAGR 3Y+6.1%+4.0%
CAGR 5Y-0.3%-1.5%
Sharpe 3Y0.310.09
Volatility 1Y6.14%7.59%
Max drawdown-34.10%-26.82%

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

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