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PQDI vs PGX

Principal Spectrum Preferred and Income ETF vs Invesco Preferred ETF

PQDI

Principal Spectrum Preferred and Income ETF

Annual cost

0.60%

Fund size

$69M

PGX

Invesco Preferred ETF

Annual cost

0.50%

Fund size

$3.9B

Key differences

  • PGX costs 0.10% less per year.
  • PGX is significantly larger than PQDI — larger funds tend to be more liquid and less likely to close.
  • PQDI is classified as alternative, while PGX is fixed income — different risk/return profiles.
  • PQDI follows a option income strategy; PGX uses index tracking.
  • Over the last 3 years, PQDI has delivered higher annualized returns.
  • PGX has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

PQDIPGX
Annual cost (TER)0.60%0.50%
Fund size (AUM)$69M$3.9B
Since20202008
Dividend yield5.17%6.16%
Asset classalternativefixed income
Regionnorth americanorth america
Strategyoption incomeindex tracking
CAGR 1Y+7.8%+6.9%
CAGR 3Y+9.7%+5.9%
CAGR 5Y+3.4%-0.4%
Sharpe 3Y1.810.29
Volatility 1Y3.21%6.09%
Max drawdown-17.42%-34.10%

Similar to PQDI and PGX