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PREF vs IG

Principal Spectrum Preferred Securities Active ETF vs Principal Investment Grade Corporate ETF

PREF

Principal Spectrum Preferred Securities Active ETF

Annual cost

0.55%

Fund size

$1.5B

IG

Principal Investment Grade Corporate ETF

Annual cost

0.19%

Fund size

$179M

Key differences

  • IG costs 0.36% less per year.
  • PREF is significantly larger than IG — larger funds tend to be more liquid and less likely to close.
  • Over the last 3 years, PREF has delivered higher annualized returns.

Side-by-side comparison

PREFIG
Annual cost (TER)0.55%0.19%
Fund size (AUM)$1.5B$179M
Since20172018
Dividend yield5.03%5.06%
Asset classfixed incomefixed income
Regionglobal
Strategyactive selectionactive selection
CAGR 1Y+7.0%+6.9%
CAGR 3Y+9.8%+5.5%
CAGR 5Y+3.2%+0.3%
Sharpe 3Y1.630.33
Volatility 1Y3.08%4.75%
Max drawdown-22.99%-23.17%

Similar to PREF and IG