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PGX vs IIGD

Invesco Preferred ETF vs Invesco Investment Grade Defensive ETF

PGX

Invesco Preferred ETF

Invesco

Annual cost

0.50%

Fund size

$3.9B

IIGD

Invesco Investment Grade Defensive ETF

Invesco

Annual cost

0.13%

Fund size

$31M

Key differences

  • IIGD costs 0.37% less per year.
  • PGX is significantly larger than IIGD — larger funds tend to be more liquid and less likely to close.
  • PGX has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

PGXIIGD
Annual cost (TER)0.50%0.13%
Fund size (AUM)$3.9B$31M
Since20082018
Dividend yield6.16%4.27%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y+7.2%+4.6%
CAGR 3Y+5.8%+4.8%
CAGR 5Y-0.4%+1.6%
Sharpe 3Y0.280.39
Volatility 1Y6.15%2.33%
Max drawdown-34.10%-11.48%

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

Similar to PGX and IIGD