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PGX vs PREF

Invesco Preferred ETF vs Principal Spectrum Preferred Securities Active ETF

PGX

Invesco Preferred ETF

Annual cost

0.50%

Fund size

$3.9B

PREF

Principal Spectrum Preferred Securities Active ETF

Annual cost

0.55%

Fund size

$1.5B

Key differences

  • PGX costs 0.05% less per year.
  • PGX covers north america markets; PREF covers global.
  • PGX follows a index tracking strategy; PREF uses active selection.
  • Over the last 3 years, PREF has delivered higher annualized returns.
  • PGX has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

PGXPREF
Annual cost (TER)0.50%0.55%
Fund size (AUM)$3.9B$1.5B
Since20082017
Dividend yield6.16%5.03%
Asset classfixed incomefixed income
Regionnorth americaglobal
Strategyindex trackingactive selection
CAGR 1Y+6.9%+7.0%
CAGR 3Y+5.9%+9.8%
CAGR 5Y-0.4%+3.2%
Sharpe 3Y0.291.63
Volatility 1Y6.09%3.08%
Max drawdown-34.10%-22.99%

Similar to PGX and PREF